Thu.Jun 22, 2017

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What Kind of Company is a Good Fit for Crowdsourcing?

IdeaScale

DICK’S Sporting Goods was founded in 1948 and continues to be a family run business today with over 600 stores nationwide. Nowadays, however, Dick’s Sporting Goods has 37,600 employees worldwide serving its founding brand and its subsidiaries and is one of the largest sporting goods retailers in the world. After 69 years of growth, Dick’s is a great company ripe for crowdsourcing and they launched their first company-wide ideation platform last year.

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We are in need of a common language for innovation

Paul Hobcraft

German Late Medieval (c. the 1370s) depiction of the construction of the tower. Any innovation common language needs working upon. It firstly needs recognition it is in our best interests to find a common point. It needs to be relevant to each of us, it must be current, appropriate, accurate and highly visible throughout the entire organization. It also needs to be allowed to grow and flourish, to evolve and become the lingua franca of all our innovation work.

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Give us Your Lions!

Idea to Value

Command-and-control, top-down organizations have the most trouble innovating. In particular, the fearful mindsets that review, align, and sign off on “decks” to be presented to Vice President-level colleagues often edit out the insights and recommendations that have the power to grow the business in new ways. These well-trained, obedient keepers of the status quo are rewarded for not taking risks and for not thinking outside of the existing paradigm of the business.

Project 114
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What Kind of Company is a Good Fit for Crowdsourcing?

IdeaScale

DICK’S Sporting Goods was founded in 1948 and continues to be a family run business today with over 600 stores nationwide. Nowadays, however, Dick’s Sporting Goods has 37,600 employees worldwide serving its founding brand and its subsidiaries and is one of the largest sporting goods retailers in the world. After 69 years of growth, Dick’s is a great company ripe for crowdsourcing and they launched their first company-wide ideation platform last year.

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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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10 Steps from idea generation to implementation

Wazoku

Every successfully implemented idea/product is a result of a long and painstakingly supervised innovation process. While principles and methods of idea development are universal for all industries, there is no strict rule regarding the steps from idea generation to implementation. Image from dilbert.com. Here is a list of 10 steps that follow the idea management process from idea generation to implementation. 1.

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PwC releases the latest Innovation Benchmark Report

Idea Drop

One of the key findings in PwC Innovation benchmark report was that bringing more stakeholders into the innovation process is the most effective way to drive success in innovation. This is because it helps to align innovation and business strategies, facilitates access to new ideas and talent, enables people to fail faster and bring new innovations to market quicker.

Report 69

More Trending

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Getting to Yes Quickly: How Amazon Out-Innovates the Competition

Planview

How does tech titan Amazon out-innovate its competition time-after-time? They do one thing more frequently than most. In an article on Business Insider , CEO of Amazon Web Services – Amazon’s cloud computing business – Andy Jassy discussed what makes the massive billion dollar company different from the competition: “When our leaders walk into a meeting, they are looking for a way to say yes.” This tendency to say yes explains how the company has achieved so much since its founding:

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Innovation and Creativity: The lasting competitive advantage

Innovation Excellence

Will we prepare our children to compete in a world where creativity and divergent thinking become more important than rote memorization? Can we rethink our business structures and processes to embrace more divergence and creativity?

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Getting to Yes Quickly: How Amazon Out-Innovates the Competition

Planview

How does tech titan Amazon out-innovate its competition time-after-time? They do one thing more frequently than most. In an article on Business Insider , CEO of Amazon Web Services – Amazon’s cloud computing business – Andy Jassy discussed what makes the massive billion dollar company different from the competition: “When our leaders walk into a meeting, they are looking for a way to say yes.” This tendency to say yes explains how the company has achieved so much since its founding:

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Cold Case Innovation

Innovation Excellence

If innovators take a cold case-inspired approach, we might come up with an alternative method for handling older ideas. This approach has the potential to create a new source of innovation ideas by leveraging past work and applying new criteria to those old ideas.

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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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Creating Great Ideas: Combining Open Innovators and Extroverted Peers on a Team

Michael Roberto

Sharique Hasan and Rembrand Koning have conducted research on idea generation in teams, using a unique field experiment design. These scholars conducted their field experiment within the opening week of an entrepreneurship academy in India during the summer of 2014. The scholars begin by noting that prior research suggests that, "Individuals with higher openness are more creative because they seek out diverse information and experiences, but also recombine these more effectively into novel ideas

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Inspirational and creative furniture made from folding woods

Idea to Value

Check out this video to see some amazingly creative furniture designed by Dutch designer Robert van Embricqs. Created using just a single piece of bamboo and strategically cut and fit together, each piece transforms from a flat slab of wood into a functional piece of furniture. A table. A chair. A bowl. What else could there be in the future? It is a great example of how someone uses the constraints of his materials to come up with novel new solutions.

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Saving Hours with Strategic Planning Exercises Galore!

BrainZooming

How can you get the most mileage from the free strategic planning eBooks we regularly offer as downloads? We do not pretend to be able to imagine EVERY single situation where you might apply our strategic thinking exercises. Yet when we create new eBooks, our main goal is ensuring the content is heavy on ideas and tools you can apply to improve strategic thinking and implementation in your organization.

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What do you need to innovate?

David Marks

Why are some companies more innovative than others? Scan the literature and you are bound to collect a conflicting array of answers. They are better led. No, they are culturally open. No, they have more efficient processes. No. No. No! They are particularly attuned to customer concerns. Wrong! They understand technology better. They are risk takers.

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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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3 Ways to tell if a Company Values Innovation

Daniel Burrus

At first glance, measuring innovation might seem as inexact as a Supreme Court Justice’s description of pornography: “I know it when I see it.”. One of the cornerstones of my Anticipatory Organization Model is the critical need to craft an environment that fosters innovation. That’s important, but it still begs the questions: How much innovation is “enough”?

Company 83
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What do you need to innovate?

David Marks

Why are some companies more innovative than others? Scan the literature and you are bound to collect a conflicting array of answers. They are better led. No, they are culturally open. No, they have more efficient processes. No. No. No! They are particularly attuned to customer concerns. Wrong! They understand technology better. They are risk takers.