Tue.Jan 23, 2018

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Why we should expect more disruptive innovations

Jeffrey Phillips

I've used the example of Tower Records before - a behemoth astride the recording industry - brought low very quickly by a sudden shift in music distribution. The shift from physical media to digital media, and the shift from albums to songs as the distribution format made Tower suddenly obsolete. Similarly, Blockbuster experienced almost the exact same disruption.

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5 Ways to Open Branding Strategy to Multiple Marketing Agencies

BrainZooming

We have designed several branding strategy scopes of work recently where the available time between developing strategy and implementation is tight. In these cases, a critical question arises: How do you open branding strategy development to other partner organizations to create a seamless implementation process? 5 Ways to Open Branding Strategy to Multiple Marketing Agencies.

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How Can Open Innovation Complement Agile?

Innocentive

Agile has taken over and transformed the software industry — you would be hard pressed in 2017 to find development teams who have not implemented at least some of the concepts. Agile principles have even been successfully adopted outside the development world; Agile methods help National Public Radio put together new programming, Saab to produce new fighter planes. even corporate behemoth General Electric has gotten on board.

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Ideation Rate: Quantifying a Culture of Innovation

Planview

MIT’s Sloan Management Review recently published a story that focuses on the research Spigit conducted with Northwestern University’s Kellogg School of Management around quantifying a culture of innovation. In other words, we set out to move beyond the why behind creating a culture of innovation and look at the how. In doing so, we surfaced actions a company can take actually build and sustain a culture of innovation.

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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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News from CES 2018: Beyond the Hype of Kodak’s Blockchain Announcement

Yet2

Earlier this month Kodak made headlines from CES 2018 with the announcement of its own cryptocurrency, KODAKCoin. Some analysts view it as a simple ploy to drive up the company’s stock price by leveraging the hype around Initial Coin Offerings (ICOs). Just last year, there were 235 ICOs, raising $3.7 billion dollars, with presumably many more to come this year.

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Freedom to Fail, Freedom to Innovate

InnovationManagement

Everyone seems to agree that innovation is a risky business: it involves a lot of experimentation, which often ends up in failure. High tolerance for failure therefore can be considered as a major prerequisite for any successful innovation program.

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Hack: Validate, validate, validate

Board of Innovation

Read More. The post Hack: Validate, validate, validate appeared first on Board of Innovation.

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5 Inexpensive Ways to Jump Start a Sustainable Culture of Innovation

Idea Champions

Trying to create a culture of innovation is a daunting task for even the most committed organization. Cultures take decades to form. Changing them is not an overnight phenomenon, no matter how many outside consultants you've gotten on the case. You might as well try to end world hunger or wipe out Aids overnight. It's gonna take a while. But if you and your colleagues are game, culture change is possible.

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Tools to Predict Your Company’s Future: Scenario Planning and Crowdsourcing

IdeaScale

As an innovation strategist at IdeaScale, I focus on helping our clients think creatively about how best to engage their crowd and leverage the wisdom of the crowd to source ideas for new products and services and improve processes. I often share this quote by Wayne Gretzky “Skate to where the puck is going, not where it has been.” I have revised Gretzky’s statement to say “Skate to where the puck is going, not where it is.”.

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Consolidation Has Not Helped the King of Beers Regain Its Crown

Michael Roberto

Source: Wikipedia Fortune reports today that Budweiser is now the #4 beer in America. Thirty years ago, Anheuser Busch sold 49.2 million barrels of the core Budweiser brand in the United States, accounting for more than one in four beers sold. In 2016 the company only sold 14.4 million barrels of Budweiser. Today, Bud Light is the #1 beer in America, and the traditional Budweiser brand has fallen behind both Coors Light and Miller Lite.

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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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Tools to Predict Your Company’s Future: Scenario Planning and Crowdsourcing

IdeaScale

As an innovation strategist at IdeaScale, I focus on helping our clients think creatively about how best to engage their crowd and leverage the wisdom of the crowd to source ideas for new products and services and improve processes. I often share this quote by Wayne Gretzky “Skate to where the puck is going, not where it has been.” I have revised Gretzky’s statement to say “Skate to where the puck is going, not where it is.”.