Wed.May 01, 2019

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Pay Attention to Customer Experience to Unleash Impactful Innovation

IdeaScale

The cost of consumer switching among retailers and other providers is estimated at $1.6 trillion. Yet 80% of “switchers” think their original provider could have done something to retain them. Many companies think of innovation in terms of products, internal processes (like supply chain management), and business model innovation. But far fewer consider innovation in customer service.

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This Small Startup Is Building The Tools That May Power The Quantum Era

Digital Tonto

"We could see the potential to one day do things that just weren't possible with digital computers, even the high performance systems we were working with." Related posts: IBM Is Building A Network. [[ This is a content summary only. Visit my website for full links, other content, and more! ]].

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Uncomfortable Entrepreneurship Truth Nobody Wants to Talk About

Innovation Excellence

Entrepreneurship is a lonely journey filled with ups, downs, and a few directions you never knew existed. But is it your journey? I often liken the entrepreneurial journey to parenting; no matter how much you study it, observe it in others, ask for advice, prepare for it, or convince yourself you’re ready for it, there.

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Five Bottlenecks of Digital Innovation

InnovationManagement

The business needs to define strategy, profitability, and relevance at any given time to break through bottlenecks and avoid pitfalls on the path to 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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US Government’s $2 Trillion infrastructure plan – will it create public value?

Faisal Hoque

Outcomes and values are changes in conditions that make a positive difference. They generally begin with a verb (e.g., increase, expand, or improve) and are both specific and measurable. The post US Government’s $2 Trillion infrastructure plan – will it create public value? appeared first on Faisal Hoque :: Entrepreneur | Author.

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Moroccan Adventure: 21 Days of Trying Not to Think About Innovation

Innovation Excellence

On a recent adventure tour of Morocco with seven dear friends and a super country guide (pictured on my right), my goal was to disconnect and not think about innovation. Not possible! For 30 years, I’ve studied innovation and lectured on the subject and it continues to engage me. Yet on this trip, what emerged.

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Smart Construction: How AI and Machine Learning Will Change the Construction Industry

Daniel Burrus

These days, seemingly everyone is applying Artificial Intelligence (AI) and machine learning. I have written about disruptions in the manufacturing industry, such as Industry 4.0 , while illustrating the Hard Trends that indicate where improvements w ill be made in the future. The construction industry, which makes up 7% of the global workforce, should already have applied these technologies to improve productivity and revolutionize the industry.

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Is Management the Enemy of Innovation?

Carla Johnson - Innovation

May 2, 2019 by Carla Johnson A couple of weeks ago I spoke at a conference in Stockholm, Sweden about how to bring new ideas into an organization. At the end, a woman in the audience raised her hand and asked a question: What do you do when management kills your great idea? Hands down, when I talk about innovation. The post Is Management the Enemy of Innovation?

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IMYB Innovation Management Yellow Belt™ – Stockholm

Innovation 360 Group

In the IMYB Innovation Management Yellow Belt the Licensed Practitioners get the leading Ideation Platform to resell, knowledge on how to sell and implement an ideation platform, organizational design and change. Templates and Methods included. . PURPOSE. Provide tools, methods and best practices how to implement an Innovation Management System. OBJECTIVES.

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How to make sure the U.S. government’s $2 trillion infrastructure plan doesn’t get wasted

Faisal Hoque

Outcomes and values are changes in conditions that make a positive difference. They generally begin with a verb (e.g., increase, expand, or improve) and are both specific and measurable. The post How to make sure the U.S. government’s $2 trillion infrastructure plan doesn’t get wasted appeared first on Faisal Hoque :: Entrepreneur | Author.

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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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How Next-Generation Sequencing is poised to disrupt healthcare

Wellspring

Imagine going to see your doctor for chest pains, and walking out the same day with a diagnosis for a rare heart condition. That diagnosis would have taken weeks or months (at best) even a few years ago. But in this new scenario, it is now a routine outpatient test performed on-site, accompanied by an immediate treatment plan. This is a glimpse into the new face of clinical diagnosis and treatment.

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Find Opportunities Out of the Box

Adam Hartung

Opportunity assessments are the most powerful way to generate growth. Examining the full value chain can provide more insights into trends than customer surveys alone. Companies can get ahead of competition with trends.

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3 Important Tools For Any Business

The Human Factor

Contributed post –. If you are to bring your business to a successful place, there are a lot of things that you will want to consider. One thing which you will absolutely have to focus on is ensuring that you have the right tools on board and that you know what you actually need in order to make your business work out well enough. There are many different kinds of tools, and many of them are not necessarily things you would even consider to be tools.

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The Case for Doing Nothing

Idea Champions

Fabulous article in the NY Times about the power and glory of doing nothing. Hooray! Thanks to Booth Dyess for the heads up. Idea Champions (yes, we do too much).

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How Automation is Driving Efficiency Through the Last Mile of Reporting

Speaker: Jamie Eagan

As organizations strive for agility and efficiency, it's imperative for finance leaders to embrace innovative technologies and redefine traditional processes. Join us as we explore the pivotal role of digitalization and automation in reshaping what is commonly referred to as the “last mile of reporting”. We’ll deep-dive into why digitalization is no longer a choice, but a necessity for finance departments to stay competitive in a fast-paced environment touching on: 2024 trends for the Office of

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Why Has Amazon Struggled to Increase Whole Foods' Revenues?

Michael Roberto

Source: Wikimedia Commons According to the most recent Amazon earnings reports , the company's Whole Foods Market subsidiary continues to show sluggish sales performance. Revenues during the most recdent quarter only grew 1%. Sales were relatively flat in prior quarters. Why is Amazon struggling to increase Whole Foods' revenues despite repeated attempts to showcase lower prices on key products?

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2019 Continuous Improvement Printing Conference

Kainexus

Last month, I spent a couple of days in Dallas at the 2019 Continuous Improvement Printing Conference , and it was a great event. They were celebrating their 30th Anniversary as a conference, which was a really cool milestone to be a part of.