Mon.Nov 28, 2022

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Balancing your innovation portfolio: Does the 70-20-10 rule still apply?

Idea to Value

How much of your innovation budget and innovation efforts should focus on improving your existing business, and how much should seek to explore and transform your business for the future? This is one of the fundamental strategic questions which every business leader needs to consider. One of the best ways to assess what proportions your company should allocate to different types of innovation projects is by looking at your current and desired innovation portfolio.

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The Meaning of Hoshin Kanri: What, Why, and How

Kainexus

We are fortunate enough to get to spend a lot of time chatting with customers and other organizations that are interested in continuous improvement about how they approach the need for constant positive change. Many techniques that are used in the Lean and Six Sigma management approaches come up during these conversations, but one which seems to be less understood than many others is Hoshin Kanri.

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Leading Your Way Through Crisis

Innovation Excellence

GUEST POST from Greg Satell There’s a passage in Ernest Hemingway’s 1925 novel, The Sun Also Rises, in which a character is asked how he went bankrupt. “Two ways,” he answers. “Gradually, then suddenly.” The quote has since become emblematic of how a crisis takes shape. First with small signs you hardly notice and then […].

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Design Thinking for Startup Sales Success: A Step-by-Step Guide

Tullio Siragusa

Design Thinking for Startup Sales Success: A Step-by-Step Guide. One of the biggest challenges for startups when it comes to sales is finding and acquiring customers. This can be difficult for startups because they often have limited resources and a small customer base. Additionally, startups may struggle to establish credibility and trust with potential customers, who may be more likely to do business with established companies.

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LLMOps for Your Data: Best Practices to Ensure Safety, Quality, and Cost

Speaker: Travis Addair, Co-Founder and CTO at Predibase

Large Language Models (LLMs) such as ChatGPT offer unprecedented potential for complex enterprise applications. However, productionzing LLMs comes with a unique set of challenges such as model brittleness, total cost of ownership, data governance and privacy, and the need for consistent, accurate outputs. Putting the right LLMOps process in place today will pay dividends tomorrow, enabling you to leverage the part of AI that constitutes your IP – your data – to build a defensible AI strategy for

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Research: How a Fight at Home Impacts Your Workday

Harvard Business Review

It can be draining — but it can also make us more likely to help our colleagues.

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Episode 11 – Breathing Life into Organisations on Innovation Life Support

IM Insights

About the Episode. Elijah Eilert is talking to Susie Braam about what keeps innovators within large organisations going and what makes it really hard for them. Susie shares what good leadership behaviour looks like, the problems with short-term thinking and how to carve out the necessary space for a strategic approach to innovation. Topics and Insights . (01:00) Introducing Susie Braam.

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Not in this Text; disappointment at CoP 27

Innovating4Energy

CoP 27- “Not in the text” is most telling. The UK’s lead climate negotiator, the minister Alok Sharma, delivered a very telling speech at Cop27 revealing what some countries had tried to push through to an agreement. Sharma was the president of the Glasgow Cop in 2021, and he was clearly frustrated with the events of the last two weeks in Egypt. and especially the final text outcome adopted at the Cop 27 meeting.

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Episode 12 – How to Measure Australia’s Innovation Ecosystem: Understanding the Innovation Metrics Review

IM Insights

About the Episode. Elijah Eilert is talking to Joseph Brookes about the Innovation Metrics Review , a report that assesses the way Australia is currently measuring innovation, and then makes recommendations on how it can be improved. The Australian Government commissioned the review discussed in this episode due to a recommendation from Innovation and Science Australia in 2017.

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Storytelling for Transformation Workshop

InnovationTraining.org

We use design thinking to design and facilitate storytelling workshops. Our focus is helping people to take on a challenge to reflect on their life and work to create and design their own stories, and then prototype and test their stories out on their fellow workshop participants. That is how the learning and development happens in this leadership workshop.

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Managers, Are You Prepared to Answer Questions About Pay Equity?

Harvard Business Review

By 2023, 20% of U.S. workers will live in states with pay transparency laws.

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2024’s Retail Odyssey: Going Small, Artificial, and Augmented!

Speaker: Kelly Goetsch - Chief Strategy Officer at Commercetools | Jason Cottrel - CEO & Founder at Orium | and guest speaker Joe Cicman - Principal Analyst at Forrester

Significant modifications are on the horizon for digital commerce in retail and customer experience come 2024. The pace of tech shifts will intensify, businesses are set to defund legacy solutions, and attractive opportunities will surface as social and retail media players join forces. To stay ahead of the curve, digital leaders are experimenting with less risky initiatives and scaling back on outdated projects that no longer yield impactful results.

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Zoom Whiteboard Templates for Design Thinking and Innovation Teams

InnovationTraining.org

The best templates to use with their whiteboard tool. Zoom is a robust virtual meeting and collaboration software tool that offers many unique and handy features all in one place, including their newer Whiteboard. A Zoom Whiteboard can be used in any Zoom Room and allows everyone to work together from any device, both on-site and remove, at the same time.

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How Companies Can Navigate Today’s Geopolitical Risks

Harvard Business Review

The rules of international business have changed.

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