Thu.Jan 03, 2019

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The Brain Rewards You, Even When You Are Wrong. This Is Bad for Innovation (and Life)

Stephen Shapiro

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Top 10 Innovation Blog Posts of 2018

HYPE Innovation

Imagine getting your ears chopped off for being innovative. Back in the 17th century, innovators were considered troublemaking disruptors of peace – and there was a price to pay for that. Fortunately, things have changed! Nowadays, it's not only our bosses who want us to be innovative and move the organization forward, but it's also ourselves. How can we change and improve things in a way no one has done within our organization?

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Emerging Trends Impacting the Financial Sector in 2019

IdeaScale

This is, believe it or not, a picture of a financial revolution. The financial sector is often seen as stodgy and slow to innovate, but the arrival of financial tech, or fintech for short, has forced change management and innovation strategy to the forefront. What trends in innovation will affect finance in 2019? Here’s a look at what’s ahead.

Trends 113
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8 Creative Thinking Questions & 1 More Idea for Focus in 2019

BrainZooming

Were you bombarded with emails in the last week all about coming up with your special focus word, personal exploration, or individual success plan for the new year? EVERYONE seemed to be on the same program based on our anxiety about hitting the ground running with the simplest way to focus our attention throughout the year. One email even offered an automated word-of-the-year generator, just in case you are unable to imagine a word to shape the next 12 months.

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Turn Payments Into Personalization: Unlock the Value of Transaction Data

Speaker: Loreal Lynch, Everett Zufelt, and Michaela Weber

Once upon a time, in the vast realm of online commerce, there lived a humble checkout button overlooked by many. Yet, within its humble click lay the power to transform a mere visitor into a loyal customer. 🧐 💡 Getting checkout right can mark the difference between a successful sale and an abandoned cart, yet many businesses fail to make payments a part of their commerce strategy even when it has a direct impact on revenue.

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Top 100 Innovation Articles of 2018

Innovation Excellence

Building upon the success of Braden Kelley’s Blogging Innovation, we launched Innovation Excellence on August 1, 2011 and so 2018 was our seventh full year of operations. To celebrate we’ve pulled together the Top 100 Innovation Articles of 2018 from our archive of nearly 7,500 innovation-related articles from more than 400 contributing authors.

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Using Lean Innovation in the Product Development and Commercialization Process

Moves the Needle

In today’s fast-moving business landscape, the ability to commercialize products quickly and efficiently is imperative. Companies that successfully bring new products to market rapidly, benefit from having a leg up on their competition while diminishing the negative effects of shrinking product life cycles. However, moving a product from lab to market is a process that in itself could use re-invention.

More Trending

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Great Leaders Learn To Shift Their Mindset

Innovation Excellence

In Mindset, psychologist Carol Dweck argues, based on decades of research, that how we see ourselves is a major factor in what we can achieve. Whether it is children in school or executives in a boardroom, the mindset people adopt has a significant influence on how they perform. Yet what she doesn’t say is that.

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Will AI Change Healthcare Forever?

InnovationManagement

Industry-disrupting innovation only occurs every so often, and very rarely in steady and sustainable growth cycles. Artificial Intelligence (AI) is one of these disruptors, and it’s highly versatile. From picking the next song on Spotify and predicting favorable stock trades, to robot assisted surgery and disease diagnosis, AI is taking every sector by storm.

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An Annotated Map of 50 Corporate Innovation Hubs in Silicon Valley

Innovation Leader

Our list of sites for "big company" innovation in the Bay Area looks at the region though the lens of public companies investing in R&D, innovation, or corporate venture capital.

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The essencial role of prototyping in Design Thinking

mjvinnovation

As we discussed previously, Prototyping is an inherent part of Design Thinking. At MJV’s Innovation Workshops, better known as the DT Experience, multidisciplinary groups have the opportunity to create prototypes in several different formats: paper schemes, storyboards, mockups, role-playing, among others. Creating these representation models allows you to demonstrate how a product or service should work in practice and validate hypotheses with the users.

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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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Kate O’Keefe on Building an Innovation Bootcamp with Impact

Innovation Leader

In our "Building Idea Challenges that Work" conference call, Kate O'Keeffe, founder of Cisco's Hyper Innovation Living Lab (CHILL), shares how she built a 48-hour bootcamp with impact.

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A better way: combining Design Thinking and Business Intelligence

mjvinnovation

To meet this need for innovation in processes, we present a full path to analyze problems and implement new actions. The combinatorial approach to Business Intelligence with Design Thinking achieves an unprecedented level of comprehension of corporate realities, and it does so in a concrete way, incorporating the subjective factors of the human relationships involved.

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Top 10 Features To Look in Any Idea Management Software

Acuvate

In today’s competitive world, it’s no secret that organizations struggle to come up with competent and innovative solutions to facilitate growth and stay ahead in the game. One of the best ways of improving service, product or efficiency parameters is to tap into the effective intelligence of your employees. Employees are the front runners in driving any specific initiatives of the organization.

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What are and why you should create Buyer Personas by now?

mjvinnovation

The more detailed you are, the better. Buyer personas provide tremendous structure and insight for your company. A detailed buyer persona will help you determine where to focus your time, guide product development, and allow for alignment across the organization. As a result, you will be able to attract the most valuable visitors, leads, and customers to your business.

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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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4 Aspects of Managing an R&D Pipeline

Wellspring

For most organizations, the R&D pipeline represents the aspirations and goals of the company. As such, it is typically the sole source of future product developments and potential innovation, as most organizations do not fully realize the potential of external innovation to complement their research efforts. Given this reality, pipeline management is a crucial organizational process that needs to be managed, measured, and optimized in order to generate consistent returns.

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Using Data Science and Data Mining to leverage your business strategy

mjvinnovation

The act of handling this enormous amount of data is called Data Mining. In today’s post, we will show the different ways to apply data mining to your company’s strategic planning. After all, what company doesn’t deal with data? Before anything: what is Data Mining? Data Mining is a term linked to computing and it means, quite literally, the act of mining data.

Data 40
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#1,434 – 2019 Breakthrough Nominee: Programmable Cells

Greatest. Idea. Ever.

The human genome is made up of a genetic code containing hundreds of thousands of base pairs eventually leading to the creation of a human being with a brain powered by billions of neurons. On the surface the math would seem to be off. Human beings shouldn’t exist. A mathematical impossibility as there simply isn’t enough genetic code to explain the complexity of the end result.

Design 32
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Lean Method: how to avoid the 8 types of waste in companies

mjvinnovation

The Lean Method is vital to increasing productivity and delivering better value to the final customer. This model defines and works with different types of waste and is adaptable for diverse business models. Find out how to avoid the 8 types of waste identified by the Lean Method below. Defects and Rework. Defects and errors are major sources of waste in businesses, since they lead to rework.

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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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Video Jungle Podcast

Michael Roberto

Learn about my secret to great eggplant parmigiana, my teaching philosophy, and a bit about my research on creativity too in this episode of the Video Jungle Podcast from Animus Studios. I enjoyed the banter with former student (Bryant alum) Justin Andrews and his colleagues. Click here to listen.

Video 20
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How to set up an useful corporate Innovation Lab in your company

mjvinnovation

Having a space designated for innovation can also bring gains to company culture and internal communications, since it is a hub that will be disseminating the knowledge acquired from each project and thus spreading innovation culture. An innovation lab requirements. Before getting into technicalities, we must ponder one thing: if the lab will be built for people, what do human beings need it to be like?

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Using Data Mining and Data Science to leverage your business strategy

mjvinnovation

The act of handling this enormous amount of data is called Data Mining. In today’s post, we will show the different ways to apply data mining to your company’s strategic planning. After all, what company doesn’t deal with data? Before anything: what is Data Mining? Data Mining is a term linked to computing and it means, quite literally, the act of mining data.

Data 40
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The essencial role of prototyping in Design Thinking

mjvinnovation

As we discussed previously, Prototyping is an inherent part of Design Thinking. At MJV’s Innovation Workshops, better known as the DT Experience, multidisciplinary groups have the opportunity to create prototypes in several different formats: paper schemes, storyboards, mockups, role-playing, among others. Creating these representation models allows you to demonstrate how a product or service should work in practice and validate hypotheses with the users.

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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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The principles that you need to know about Agile Development

mjvinnovation

The change of culture made within the company, coupled with the correct application of this approach has the power to generate a greater impact on the delivery of value through technology, leading to the success of the enterprise. According to some of the principles, in order to obtain the best results, it is necessary to: Engage with corporate leaders, managers, and the user community; Have professionals who work well in teams and are committed to continually improving the quality and cost-effe

Agile 40
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Lean Methodology: why apply it as soon as you can to your business

mjvinnovation

Its implementation adds value and transforms the company through simple and efficient processes. Created by Toyota, Lean Methodology is able to reduce waste through techniques such as the creation and development of products alongside the consumer, identifying who the customer is and what he needs, while shaping the product that will be designed. In order to implement Lean techniques in your business, you need to keep the following principles in mind: Value.

LEAN 40
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A better way: combining Business Intelligence with Design Thinking

mjvinnovation

To meet this need for innovation in processes, we present a full path to analyze problems and implement new actions. The combinatorial approach to Business Intelligence with Design Thinking achieves an unprecedented level of comprehension of corporate realities, and it does so in a concrete way, incorporating the subjective factors of the human relationships involved.

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What are and why you should create Buyer Personas by now?

mjvinnovation

The more detailed you are, the better. Buyer personas provide tremendous structure and insight for your company. A detailed buyer persona will help you determine where to focus your time, guide product development, and allow for alignment across the organization. As a result, you will be able to attract the most valuable visitors, leads, and customers to your business.

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How Automation is Driving Efficiency Through the Last Mile of Reporting

Speaker: Jamie Eagan

As organizations strive for agility and efficiency, it's imperative for finance leaders to embrace innovative technologies and redefine traditional processes. Join us as we explore the pivotal role of digitalization and automation in reshaping what is commonly referred to as the “last mile of reporting”. We’ll deep-dive into why digitalization is no longer a choice, but a necessity for finance departments to stay competitive in a fast-paced environment touching on: 2024 trends for the Office of