Tue.Feb 28, 2023

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A Guide to Open Innovation Platforms: How to Unlock the Power of Collaboration

Viima

As the world continues to evolve at an accelerated pace, so does our pursuit of innovation. But the growing complexity of this world makes innovation more challenging. It’s no longer a one-person job (if it ever was). Yet, the myth of the solitary genius innovator persists in organizations that still believe that they can innovate alone, with no external help.

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What drives health spending, and how can we hit the brakes on rising costs?

Christensen Institute

It’s no secret that health care is unsustainably expensive in the United States. Health care spending accounted for 18.3% of our GDP in 2021, at an average of $12,914 per person. That spending is only expected to grow, with McKinsey predicting that health expenditures will increase 7.1% by 2027, while the economic growth rate for the same time period is only predicted to be 4.7% To summarize: our health spending is going to continue to outpace everything else.

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The Ins and Outs of the Influencer Industry

Harvard Business Review

A conversation with the University of Pennsylvania’s Emily Hund on an increasingly important part of the online economy.

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AI is a Powerful New Tool for Entrepreneurs

Innovation Excellence

by Braden Kelley In today’s digital, always connected world, Google too often stands as a gatekeeper between entrepreneurs and small businesses and financial success.

Tools 78
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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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Muhammad Ali: A Case Study in Purpose-Driven Decision Making

Harvard Business Review

How the sports legend and civil rights icon made decisions throughout his career to leave a lasting impact on the world.

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There are Only 3 Reasons to Innovate

Innovation Excellence

Which One is Yours? GUEST POST from Robyn Bolton You know that innovation is something new that creates value. (But not too new) Sometimes the value can be hard to describe, let alone quantify. You know that, ultimately, the value needs to be financial – more revenue, lower costs, higher profit.

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The Top 5 Ways to Improve Production Floor Communication

CMOE

The individuals on the production floor are crucial to the success and performance of the business. Allowing poor communication to jeopardize their essential work can have dramatic impact: Poor communication causes an average loss of $62.4 million yearly for businesses with over 100,000 employees. For smaller businesses with (over 100 employees), the average loss is $420,000 per year. 86% of leaders report ineffective communication and collaboration as a cause of workplace failures.

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What Makes Leadership Development Programs Succeed?

Harvard Business Review

Seven research-backed strategies to drive real — and lasting — impact.

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Our Impact Report from 2022

Econic

We are excited to share with you our Impact Report from 2022, a year of transition and renewal for Econic. We are proud to have had a record year of growth and giving, and to have received our official B Corp certification in June, affirming the journey our team has been on for quite some time. Key highlights from the report: We received a B Impact score of 96.1 in our first year of certification. 100% of our team feels that Econic’s culture supports their overall mental health, physical health,

Report 52
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Learning Be Like

IM Insights

Check out the Merch! Get this meme on your prefered mug, shirt and impress your peers. Pay Now × The post Learning Be Like appeared first on Innovation Metrics.

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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.

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Why Every Tech Company Needs ESG at the Core of Its Strategy - SPONSOR CONTENT FROM OPPO

Harvard Business Review

Sponsor content from OPPO.

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Why Is the Workplace Experience in 2023 So Bad? - SPONSOR CONTENT FROM APPSPACE

Harvard Business Review

Sponsor content from Appspace.

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How to Make a Career Pivot — Without Taking a Pay Cut

Harvard Business Review

Four strategies.

How To 100
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3 Investments That Will Always Pay Off for Your Company - SPONSOR CONTENT FROM TELUS INTERNATIONAL

Harvard Business Review

Sponsor content from Telus International.

Company 76
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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