Thu.Jun 20, 2019

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Ideas are easy, good ideas are hard

Jeffrey Phillips

I'm writing a series of posts that examine some of my lessons learned after over 15 years of corporate innovation consulting. Past posts have included the concept of needing a why and a how for innovation , why ideas need a sponsor and how to understand the range of innovation options your company will consider. In this post I want to discuss the proliferation of ideas and their relationship to innovation.

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Continuous Improvement and Breakthrough Innovation: Why You Need Both

IdeaScale

Innovation has to come from somewhere. Even the biggest game-changers come from understanding the “game” and are built on in-depth knowledge of how existing products or processes work. How businesses conduct operations on a daily basis can encourage or discourage breakthrough innovation. Businesses that strive for continuous improvement lay a better foundation for breakthroughs than businesses that preserve the status quo at all costs or otherwise eschew change.

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Innovation Requires Getting The Facts Right

Phil McKinney

There is an old saying that goes something like this, “Speaking with passion but without the facts is like making a beautiful dive into an empty pool.” As John Adam’s famously said, “Facts are stubborn things; and whatever may be our wishes, our inclinations, or the dictates of our passions, they cannot alter the […].

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Corona releases Fit Packs: Beer cans that link together

Idea to Value

The Mexican Beer manufacturer Corona has found an innovative new solution to the problem of plastic packaging which holds packs of beer together. They have redesigned their beer cans so that the top and bottom have a semi-screw mechanism, allowing cans to be “locked together” and carried like a tube. Allegedly the system is strong enough to comfortably connect 10 cans together ( just resist the urge to play with this like a sword like the guy in the video below ).

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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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Starting with the why – two compelling reasons why innovation is important to business

Idea Drop

Simon Sinek caught the attention of the business world when he wrote these simple words in his international bestseller, Start with the Why: “People don’t buy WHAT you do, they buy WHY you do it.” Although sales and marketing teams everywhere have been operating under this paradigm for decades, the message has yet to be […]. The post Starting with the why – two compelling reasons why innovation is important to business appeared first on Idea Drop | Idea Management Software.

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Developing Collaborative Leadership Styles

Innovation Excellence

With a new Australian government recently in place, it raises key questions around the impact of collaborative, autocratic or competitive leadership styles. This caused many voters, like myself, to question what leadership style might be best for our country’s future? Is it a leader who runs a presidential style campaign, operating from an “I” or.

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Different Types of Knowledge and What They Mean For Your Organization

CMOE

Every successful company or organization in the world is built upon the same foundation: knowledge. And this makes sense; after all, if a company isn’t built around knowledge—knowledge of the customer, knowledge of efficient internal and external processes, knowledge of the market in which the company operates, and more—it simply won’t be able to function in the first place.

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How Technology is Changing the Promotional Landscape

InnovationManagement

Technology continues to evolve at a steady pace. It's no secret that modern technology has, in many ways, shaped how businesses and companies promote themselves, as well as their products or services to their target audience. The post How Technology is Changing the Promotional Landscape appeared first on Innovation Management.

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Business Pundits Love to Say These 4 Things — None of Them are True

Innovation Excellence

Go to just about any business conference and you will see a pundit on stage. He or she will show some company that failed and explain the silly mistakes that they made, then follow-up with a few basic rules to help you avoid those pitfalls and become super successful. You leave feeling confident, because it.

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How to Navigate the Hoshin Kanri Planning Process

Kainexus

One of the most important and challenging responsibilities of leaders is setting the strategic direction of the organization and steering everyone toward it. Sometimes, the ultimate goal is called “True North.” Hoshin Kanri is a strategic planning process that was first crafted by Professor Yoji Akao in Japan in the 1950s. Hoshin is the Japanese word for “direction” or “compass needle,” while Kanri means “management.

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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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Inside AXA Next’s Innovation Avenues

Innovation Leader

AXA Next unites the French insurance company’s innovation initiatives. Learn more about AXA’s different innovation funds and how the company explores the insurtech.

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Leading with Lean Agile Principles: What the 2019 NBA Finals Can Teach Businesses About ‘Winning on the Rebound’

Qmarkets

In the worlds of sport and business, the story of the underdog defying the odds and rising to the top is always an inspirational crowd pleaser. Think of Leicester City winning the 2016 Premier League, the “Miracle on Ice” performed by the USA Ice hockey team in 1980, or Ben and Jerry turning a converted gas station into a global ice cream empire in 1978.

LEAN 40
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#1,522 – 6G

Greatest. Idea. Ever.

We barely even have 5G yet and already there is talk of something even better coming along: 6G! A truly game-changing technology that could offer blazingly fast connection speeds. Instead of an incremental improvement over 4G connectivity, which is really what 5G is, 6G would be an exponential improvement. And while it may not be ready until 2030, the early indications are that it would be worth the wait.

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China Plans to Trump Innovation from Outer Space

Braden Kelley

First, let me say that this is not a political article, but instead an article about a potential innovation crisis looming just over the horizon thanks to brinkmanship between China and the United States.

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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.