Thu.Apr 12, 2018

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Finding the Ideation and Product Development Balance

IdeaScale

Ideas are great, but what about the followup? The value of an idea is limited by being able to execute it. At some point, you have to stop ideating and start putting those ideas into production. But for many businesses, finding the line between ideation and product development can be tricky. An idea sometimes needs more time to fully bake, and that may not be clear until you’ve tried it, or you might only start product development and get beaten to the punch.

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Messy beats Tidy

Destination Innovation

Review of ‘Messy’ by Tim Harford. In this book economist Tim Harford argues cogently that we are wrong to strive for order and tidiness because openness, adaptability and creativity are inherently messy. We should appreciate the benefits of untidiness. This provocative work contains many intriguing stories supported with references to academic research.

Groups 191
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Want Innovative Employees? Use These 6 Innovative Hiring Methods

InnovationManagement

How many times have you read a candidate’s cover letter and found yourself actually dozing off? How many times have you (figuratively) rolled your eyes when candidates answer the question “what’s your greatest weakness” with “perfectionism”? How many times have you bored yourself asking that question?

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Is Your Innovation Problem Really a Strategy Problem?

Tim Kastelle

Note: this was originally posted on Harvard Business Review Blogs , with terrific editing by Sarah Green Carmichael. Sometimes, the problem that we think we’re solving isn’t the real problem that we face. I was running a workshop with a multinational engineering firm when I ran into a perfect example of an air sandwich, which illustrates this point.

Strategy 249
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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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What’s New In Corporate Innovation April 2018

Imaginatik

Tech Giants Brace for Europe’s New Data Privacy Rules (NY Times). 23 years is an eternity in the world of tech, even more so when waiting for best practices in handling confidential data. That’s how long it has been since legislation surrounding the handling of the personal data of EU residents has been reviewed. But with May 25th and the implementation of General Data Protection Regulation or GDPR, set to unify regulation across the continent, Tech giants across the globe have been working tire

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Is Your Innovation Problem Really a Strategy Problem?

Tim Kastelle

Note: this was originally posted on Harvard Business Review Blogs , with terrific editing by Sarah Green Carmichael. Sometimes, the problem that we think we’re solving isn’t the real problem that we face. I was running a workshop with a multinational engineering firm when I ran into a perfect example of an air sandwich, which illustrates this point.

Strategy 100

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Is Your Innovation Problem Really a Strategy Problem?

Tim Kastelle

Note: this was originally posted on Harvard Business Review Blogs , with terrific editing by Sarah Green Carmichael. Sometimes, the problem that we think we’re solving isn’t the real problem that we face. I was running a workshop with a multinational engineering firm when I ran into a perfect example of an air sandwich, which illustrates this point.

Strategy 100
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How to Get the Most from Your Business Networking Group

Innovators Alliance

We all know that business-to-business networking is all about taking your company to the next level through your relationships with other leaders. Not because you want to generate more referrals or find business opportunities, but because you want the support that such a network has to offer. Business-to-business networking groups present many opportunities to expand your knowledge, learn from the success of others, foster strong relationships, and tell others about your business.

Groups 63
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Is Your Innovation Problem Really a Strategy Problem?

Tim Kastelle

Note: this was originally posted on Harvard Business Review Blogs , with terrific editing by Sarah Green Carmichael. Sometimes, the problem that we think we’re solving isn’t the real problem that we face. I was running a workshop with a multinational engineering firm when I ran into a perfect example of an air sandwich, which illustrates this point.

Strategy 100
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Trends in Food: Functional Foods, Superfoods, and Eating Less Meat

Yet2

One of the very interesting presentations from last month’s R&D Innovation Summit in Chicago was “The Freshest Insights in New Food Trends” by Thomas Talbert , vice president, culinary R&D at CSSI Culinary. Talbert, and his co-presenter Marie Molde of Dataessential presented a recent continuum we’ve seen in food trends. In their view, Nutrition 1.0, taking place in the 1980s, centered around foods that supported weight management, offering new products and versions of products that were

Trends 58
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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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Is Your Innovation Problem Really a Strategy Problem?

Tim Kastelle

Note: this was originally posted on Harvard Business Review Blogs , with terrific editing by Sarah Green Carmichael. Sometimes, the problem that we think we’re solving isn’t the real problem that we face. I was running a workshop with a multinational engineering firm when I ran into a perfect example of an air sandwich, which illustrates this point.

Strategy 100
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How to Convert Time into Trust and Creativity – the 7-38-55 Rule

Innovation Excellence

In the 1970s, Prof. Albert Mehrabian of UCLA found that we deduce our feelings, attitudes, and beliefs about what someone says not only by the words they use, but also by their tone of voice and body language. To be more specific, he claimed that the intent is conveyed 7% through the Words, 38% through.

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The future of Digital Banking: it’s time to disrupt!

The BMI Lab Blog

Banking is ripe for disruption. As one of the main foundations of our economic systems, the banking system is a highly regulated environment. Every step a bank takes is always under close scrutiny since (fundamental) changes could have deep consequences on the overall economy. Nevertheless, banking is changing. And this change is increasing its speed, mostly due to information technologies such as the blockchain, which is already disrupting value chains and business models in the financial secto

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Everything Has a Shelf Life

Innovation Excellence

So much has been said about the demise of brick and mortar retail. This weekend I got clarity. Clarity about the future of the current-state shopping mall. Its shelf life has expired. Driving through “The Borscht Belt” this past weekend in upstate NY gave me this clarity. The Borscht Belt was a thriving vacation spot.

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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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Ignite Spotlight: An Interview with Pfizer’s John Klick

Planview

Pfizer, one of the largest pharmaceutical companies on the planet, has been developing and executing an innovation and experimentation program for over five years. Needless to say they’ve experienced all the growing pains and successes that come with creating an enduring program. We caught up with Pfizer’s Senior Manager of Worldwide Innovation, John Klick, to get the inside scoop on the company’s innovation program maturation and, as an Ignite 2018 speaker , what advice he would give someone wh