Thu.Jun 25, 2020

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Can social distancing optimise innovation in a 21st-century pandemic?

Exago

At such a difficult time for everyone, it is not yet clear what the real impacts of the pandemic will be on economies, companies and individuals. What is clear is that it is crucial to find ways to mitigate these impacts, and social distancing and remote work can actually enable us to create innovative solutions, in business and in life. The post Can social distancing optimise innovation in a 21st-century pandemic?

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What we have learned about testing business models

The BMI Lab Blog

Two new products/solutions out of three fail to meet customer expectations. A superior business model is the base of sustainable business success. Studies show that 90% of business ideas change several times before achieving commercial success and over two new products/solutions out of three fail to meet customer expectations. Several reasons explain why most companies fail, from not adapting to ecosystem changes, holding on to old and non-performing business models, up to lacking a structure to

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Scenario Planning: A Useful Tool in Today's Environment

Michael Roberto

In today's environment, companies need to rethink their approach to strategic planning. Many firms continue to rely on very traditional planning exercises. Frankly, most of these processes assume that managers can accurately predict the future. Many plans are characterized by high amounts of false precision in forecasting and budgeting. Scenario planning represents a useful tool for reshaping the planning process given the turbulence and ambiguity in today's world.

Tools 29
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Podcast S3E66: Mark Metry – Overcoming social anxiety and shyness

Idea to Value

In today’s episode of the Idea to Value Podcast, we speak with Mark Metry, host of the popular Humans 2.0 podcast and author of Screw Being Shy: Learn How to Manage Social Anxiety and Be Yourself in Front of Anyone. We speak about overcoming anxiety, mental illness and living a more fulfilling life. Topics covered in today’s episode: 00:01:15 – How Mark spent the first 18 years of his life trying to hide himself and his message, due to his social anxiety. 00:05:15 – How c

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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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Who’s Responsible for Innovation? Everybody!

IdeaScale

Innovation is the key to forward movement. It creates value and improves existing systems so new ideas can emerge. Innovation research shows 61 percent of executives embrace open innovation to generate ideas. Positive change is derived through collaboration and sharing, which results in better ways of implementing products and services. So who is responsible for innovation?

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#1,730 – Dog Fitness Tracker

Greatest. Idea. Ever.

I used to be obsessed with my Fitbit and making sure that I got at least 10,000 steps everyday. So much so that I even lead my department to a first place finish in our team step challenge at work last year! But then COVID-19 hit and another scorching Phoenix summer came along and now I’m lucky if I even break 1,000 steps a day during the week.

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Mitigating risk with a balanced innovation portfolio

Innovation 360 Group

Interdependency. Assume that you have a number of projects that you want to execute, and you have a number of resources that can be used to execute them (resources such as innovation managers, or programmers). If the resources can be organized so all projects can be optimally executed without any interdependencies (i.e., the execution of one project does not affect any other project in any way), you can safely execute all the projects at the same time.

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Robotic Process Automation: what changes with the automation process

mjvinnovation

These activities can include queries, calculations, record-keeping and transactions. But this quick explanation is too little to understand the revolutionary power of this concept. So keep reading. You will see examples of how Robotic Process Automation works, what benefits companies can get from it and more! Robotic Process Automation: the concept.

Change 52
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Learn why the pandemic should not disrupt your strategic management.

Focused Momentum

Mid-year usually is the time to review progress against goals, and update your strategic thinking, given new changes to your plan assumptions. Is a mid-year check-in against plans relevant given the sweeping changes we are experiencing with this global pandemic? Yes, but we suggest a few changes to how you conduct a mid-year planning discussion to make it more relevant for these extraordinary times.

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Why Don't More People Share Their Best Practices with Each Other?

Idea Champions

If you are a member of a team, business, school, or volunteer organization, there's a good chance you want whatever project you are working on to succeed. Yes? Towards that end, you work hard, think hard, generate ideas, go to meetings, fight fires, and (hopefully) learn from your mistakes. If you are like most people, you sometimes get together with your team and talk about ways to increase your odds of success.

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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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How to Influence Consumer Choice on Your Website

The Human Factor

Consumer behavior studies the mental and behavioral aspects associated with the purchase and use of goods and services. It is an area of study that brings together the fields of marketing, psychology, and sociology. Data gathered from consumer behavior studies has been used in business since the 1940s and 50s. In the digital era, almost every aspect of business generates data that can be measured, stored, and analyzed.

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Never Apologize – Leadership Mentoring Session

Linda Bernardi

Due to popular demand, Linda is holding her FIRST virtual leadership mentoring session, where she will be unveiling her Never Apologize Leadership Program, designed to help women of all ages, in all business sectors to ‘Own Your Future!’. Women have amazing qualities and face massive challenges. Maneuvering through these challenges can seem daunting at times and often digress women from owning their future and shaping their own path.