Mon.Dec 10, 2018

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How to shape your innovation strategy in only 5 days

Board of Innovation

Go from the blank page on Monday to multiple innovation blueprints on Friday. The post How to shape your innovation strategy in only 5 days appeared first on Board of Innovation.

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Legal Innovation: 5 Experts Predict Future Challenges and Opportunities | Collective Campus

Collectivecamp

In spite of the growing uptake of technology based solutions by firms, the truly disruptive technologies revolving around AI and blockchain for instance, that will be making waves for the next few decades are still, arguably, in their infancy.

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You Don’t Have an Innovation Problem, You Have a Trust Problem! (Part 2)

Innovation Excellence

Through my 2008-10 doctoral research, I found that the biggest problem that non-innovative companies have is lack of trust. In fact, whenever I was invited to speak to a company about their innovation needs, it didn’t take more than 20 minutes and 16 questions to find that they don’t have an innovation problem, they have.

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Everything Connects Audiobook Released

Faisal Hoque

How to Transform and Lead in the Age of Creativity, Innovation and Sustainability. The post Everything Connects Audiobook Released appeared first on Faisal Hoque :: Entrepreneur | Author.

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Manufacturing Sustainability Surge: Your Guide to Data-Driven Energy Optimization & Decarbonization

Speaker: Kevin Kai Wong, President of Emergent Energy Solutions

In today's industrial landscape, the pursuit of sustainable energy optimization and decarbonization has become paramount. Manufacturing corporations across the U.S. are facing the urgent need to align with decarbonization goals while enhancing efficiency and productivity. Unfortunately, the lack of comprehensive energy data poses a significant challenge for manufacturing managers striving to meet their targets.

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Here’s Why It’s So Hard It’s So Hard To Bring Science To Market

Innovation Excellence

It seems like every day we see or hear about a breakthrough new discovery that will change everything. Some, like perovskites in solar cells and CRISPR are improvements on existing technologies. Others, like quantum computing and graphene promise to open up new horizons encompassing many applications. Nevertheless, we are still waiting for a true market.

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Five Ways to Fight the Inertia Holding Back Innovation

New Markets Advisors

When it comes to innovation, one of the biggest impediments is also one of the most frequently overlooked: inertia. Companies often mistake inertia for loyalty. They assume that the customers who are buying their products today will continue to buy from them as long as they do a reasonable job keeping up with the competition. The risk is that they’re vulnerable to being blindsided.

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10 Ways to Improve Your Company's Broken Ideation Process

Idea Champions

OK. You're busy. I get it. Which is why I just deleted the first four compelling, context-setting paragraphs to this blog post and will now simply cut to the chase: Your company's "ideation process" is either non-existent, seriously flawed, or a joke. You know it. I know it. And 99% of the people you work with know it -- a longstanding phenomenon that spawns nothing but frustration, wheel spinning, and resignation.

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The Potion To Low Sales And Margin Erosion

The Human Factor

image source. Contributed post –. The hardest part of running a business is keeping profits high. Getting sales is important, but that doesn’t guarantee success. If your expenditures are too excessive then you’ll undo the hard work of all the sales you’ve generated. It’s all about getting the balance between costs and profits just right. In this article, we’re going to discuss exactly how you can achieve that.

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Crowdsourcing Holds the Potential to Rapidly Advance the U.S. Energy Industry

Innocentive

Jon A. Fredrickson – Vice President, Chief Innovation Officer.

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The Smart Way To Do Business (Psst… It’s All About The People)

The Human Factor

Contributed post –. Running a modern business isn’t easy. And while technology can certainly be incorporated to aid the cause, you must not ignore the importance of people. While winning relationships won’t suddenly guarantee success, they will go a long way to making or breaking your venture. If you cannot find the winning formula here, your hopes of doing it in other areas will be slim to none.

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Peak Performance: Continuous Testing & Evaluation of LLM-Based Applications

Speaker: Aarushi Kansal, AI Leader & Author and Tony Karrer, Founder & CTO at Aggregage

Software leaders who are building applications based on Large Language Models (LLMs) often find it a challenge to achieve reliability. It’s no surprise given the non-deterministic nature of LLMs. To effectively create reliable LLM-based (often with RAG) applications, extensive testing and evaluation processes are crucial. This often ends up involving meticulous adjustments to prompts.

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Quit Making Them Wait

The Human Factor

Contributed post –. Waiting can be dull. It’s a passive situation in which an individual is taking hostage until the expected process can be completed. More importantly, when you wait, you’re powerless. There is absolutely nothing you can do to speed up things or sort out the situation. That’s precisely why nobody likes to wait. As a business, your role is to ensure that you can minimize the waiting time at every single step, both for employees, partners, and clients.

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What To Do When Your Small Business Is Hacked

The Human Factor

Contributed post –. It’s a nightmare situation, but hacking is unfortunately commonplace in the business world. The better we get at technology and security, the better the hackers get at breaking through the barriers to get to the information that they are greedy for. It’s up to you as a business owner to make sure that you secure your business as much as possible against those looking to cause chaos, working carefully to make potential business attacks a priority of yours.

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How To Find The Best Suppliers For Your Business

The Human Factor

image source. Contributed post –. In the world of business, you’ll always going to find that there’s a ton of things that you need to do and focus on too. As a small business owner, you’ll need to make sure that you’re managing everything as well as possible. And that can be quite daunting. When you’ve gone from being an employee to starting your own business, the burden of being able to make decisions is overwhelming.

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Employee Engagement: The Must Know For 2019

The Human Factor

Contributed post –. Keeping your employees engaged is key if you want to boost morale, decrease retention, and experience a host of other benefits within your business. Your employees must be happy and engaged in the workplace for you to get the highest quality of work, the fewest sick days, save time and money, and more. Let’s talk about the must know for employee engagement in 2019 – take a look and you’ll see what you should think about doing: Virtual Reality.

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How Retailers Are Transforming Customer Experiences with Data & AI

Speaker: David Azoulay, Marc Stracuzza, Román Tejada, and Guest Speaker Sucharita Kodali

Imagine a retail landscape where every interaction is personalized, every decision informed, and every opportunity maximized 🤔✨ Join us for an exploratory journey into the heart of AI-driven retail innovation. We’ll unveil the transformative potential of AI and data analytics in shaping the future of omnichannel personalization and e-commerce.

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Pre-Meeting Methods Which Are More Important To Success Than Your Presentation Itself

The Human Factor

Contributed post –. We all put weight on the importance of meetings in business. Whether you’re meeting with potential clients or business partners, continued failure could see you failing to launch. Hence why so many of us spend plenty of time planning presentations and making sure we dress the part. Sometimes, though, no amount of effort during meetings can lead to sales.

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The Cost Effective Approach To Hiring New Employees

The Human Factor

Contributed post –. Every organization reaches a stage where new employees are required. Your business needs extra hands on deck to cope with the increased demand from consumers, or else you’ll fall flat on your face. As a result, you start looking far and wide for the ideal candidates that will slot into roles within your company. Theoretically, it should be an easy task.

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The Most Important Elements of Running a Business Today

The Human Factor

Contributed post –. In the modern world, there are a lot of things you need to make sure you figure out if you want a successful business. This is why you have to ensure you are focused on improving the way the company works, as well as what you need to concentrate on. There are loads of different elements that are involved, and you achieve success by improving the important ones.

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If You Don’t Do These Two Things, Your Biotech Company Will Fail

The Human Factor

Contributed post –. For many commentators, biotech and the life sciences are the next frontiers in technological development. New developments already portend significant changes ahead. The development of CRISPR-cas9 technology promises not only to allow scientists to edit the genome but write custom genetic code too, insert it into living organisms (including humans) potentially transforming medicine in the process.

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How Mature Companies Are Scaling Transformational New Businesses

Scaling transformational innovations in large companies is challenging due to ‘Company Fit’ issues, which arise when the resources, processes, and priorities (RPPs) of the core business are not aligned with the needs of the new business. Many companies have learned how ambidexterity—the ability to both ‘exploit the present and explore the future,’ can help them address these issues for ideation and incubation of new innovations, but scaling transformative business innovations remains a challenge

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Improving the Culture In Your Company: Simple Approaches

The Human Factor

Contriubuted post –. If you would like to make the most out of your productivity and workforce, it is crucial that you focus on improving the culture in your company. You can improve employee satisfaction, loyalty, and engagement, and even increase your talent pool and productivity. Culture is important for companies, and aligning your vision and mission with your employees’ is one of the best ways to get started.

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