Mon.Apr 24, 2017

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Are you building your innovation challenges right?

Exago

Having identified your key innovation challenges – aligned with your company’s higher purpose and strategic goals and made attainable, useful and targeted – it’s time to focus on describing them plainly and completely, to guarantee you’ll get meaningful content. The post Are you building your innovation challenges right? appeared first on www.exago.com.

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Imposing Innovation or Exposing it

Jeffrey Phillips

Sorry I've been a bit lax about keeping up the blog posts. Between an open innovation webinar , a planned trip to Dubai to speak on innovation and a very successful innovation conference , (not to mention some customer work) I've been a bit busy lately. But it was something I saw at our conference, and something I read today about Target that prompted this blog post.

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Florence: Lessons from a Global Innovation Hub

InnovationManagement

While discussing innovative cities, one can’t help but think about those that were major catalysts for change in the past: Athens, Istanbul, Hong Kong, and Florence, for example. But how do they compare to more modern innovation hubs such as Silicon Valley, London, or Singapore? In this article, we’ll look at Florence - and 10 recognizable and applicable elements that contributed to its success throughout the 14th, 15th, and 16th centuries.

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Can the Wisdom of Crowds Help Solve the Refugee Crisis in Europe?

Qmarkets

Budapest, Hungary - September 7, 2015: Children's shoes from war refugees at the Keleti Railway Station. Just over three weeks ago, an overcrowded boat carrying a group of Syrian refugees capsized and sank off an island in Greece. At least 34 people, including 15 children, died in this accident alone. Coming atop of the heartbreaking image of a drowned Syrian toddler washed ashore a beach in Turkey earlier in September, this news epitomized the scale and severity of the humanitarian disaster cha

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Turn Payments Into Personalization: Unlock the Value of Transaction Data

Speaker: Loreal Lynch, Everett Zufelt, and Michaela Weber

Once upon a time, in the vast realm of online commerce, there lived a humble checkout button overlooked by many. Yet, within its humble click lay the power to transform a mere visitor into a loyal customer. 🧐 💡 Getting checkout right can mark the difference between a successful sale and an abandoned cart, yet many businesses fail to make payments a part of their commerce strategy even when it has a direct impact on revenue.

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Innovation Through Crowdsourcing and AI

Innovation Excellence

It takes a cross-sectional skill set to successfully implement good AI, and in order to do so, companies need to both understand their consumers’ motivations and capitalize on them using the right tools.

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3 of the Best Innovation Team Formulas…and When to Ignore Them

Qmarkets

You’ve heard this cliché many times before: innovation is all about people. Even if you’re an avid fan of artificial intelligence, you hardly expect robots replacing humans as innovators any time soon. And if you agree with another popular cliché, the one saying that innovation is a team sport, you will come to a natural conclusion that in order to pursue a corporate innovation project, you need to create a dedicated innovation team.

More Trending

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Make America Innovate Again

Qmarkets

As a general rule, we hold our governments to a higher standard than that which we hold private businesses and corporations to. Private sector businesses are expected to only look out for themselves, but the government is meant to look out for us. Why is it then that we've reversed the roles, castigating businesses for not showing involvement but accepting the fact that it seems that governments aren't at all interesting in engaging their citizens?

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Credit Card Innovation Challenge

Betterific

We just launched a new crowdsourcing innovation challenge with a financial institution to help dream up brilliant new ideas for a credit card company to wow its cardholders. What’s your idea? [link]. Already close to 150 ideas. Lots of creativity brewing. Sometimes you just need to engage your stakeholders! Kudos to this brand for going out to the crowd, to our memberbase of design thinkers, idea enthusiasts and brainstormers.

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Three Reasons for your Company to Write an Innovation Charter

Qmarkets

Using corporate innovation tools. A lack of executive leadership is one of the most commonly mentioned reasons for the failure of innovation. This leadership vacuum usually comes in two varieties. The company’s CEO loudly declares “Let’s innovate!” and then forgets about it, leaving the nascent innovation team fight alone against the overwhelming forces of inertia and resistance.

Company 60
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Creating Iconic Advantage: Soon Yu Talks Innovation at VF Corp

Innovation Leader

Creating an iconic brand requires more than great design. Find out what makes a brand iconic from Soon Yu the former Global VP of Innovation at VF Corporation.

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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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Matching Crowdsourcing to Specific Stages of Business Model Innovation

Qmarkets

I like to argue (for example, here ) that one of the major reasons crowdsourcing has not yet become a mainstream innovation tool is a paralyzing uncertainty over the question which technical or business problem can be successfully solved by using this approach. In this piece, I want to shed some light on the issue by proposing a simple model that matches crowdsourcing to specific types of innovation.

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Positive vs. Negative Feedback

Michael Roberto

Ayelet Fishbach, Tal Eyal, and Stacey R. Finkelstein have written an interesting research paper titled, "How Positive and Negative Feedback Motivate Goal Pursuit." They examined the usefulness of positive and negative feedback. They conclude that timing matters. Moreover, it matters whether you are evaluating your commitment to a particular pursuit (positive feedback more helpful), or whether you are evaluating your progress toward a goal (negative feedback more helpful).

Study 24
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6 Secrets to Creating a Flourishing Culture of Innovation in Your Organization

Qmarkets

Fostering an innovative environment in your organization can be key to growing your business and developing opportunities in ways you have not yet even considered. An Accenture study found that over 90% of executives believe that innovation is central to the long term success of their business strategy. Although (benefits include employee satisfaction, new business streams and digital transformation), how can managers organize their teams around innovation, without sacrificing important day to

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Content Marketing Strategy – 8 Ways to Create New Growth from Evergreen Content

BrainZooming

If you’ve been pursuing a content marketing strategy for a few years, you have some content that worked and some that didn’t work when you first published it. You also likely have content that’s continuing to work for you in that it’s still attracting new visitors. We hope you also have a good deal of content that, even though you may have created it years ago, is still largely accurate and relevant.

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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 RTE, Europe’s Biggest Transmission System Operator Implemented a Collaborative Innovation Lab

Qmarkets

RTE is an energy and utility provider, France's electricity transmission system operator, responsible for the operation, maintenance and development of the French high-voltage transmission system. Approximately 100,000 km long, the system is Europe's largest. We sat down with Ronan Minvielle, Innovation Manager at RTE , to hear about RTE's strategic innovation project, powered by Qmarkets.

System 58
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Successfully Merging Theory and Practice in your Innovation Program

Qmarkets

Eric Gabas-Varini is the Partner and Co-Founder of Innovation Framework Technologies, a consulting firm which was founded in Paris, but has since established regional offices in the United States, South Korea & Japan, with a network of associate offices in Latin America and the Middle East. With a strong background in R&D, Eric now uses his expertise to help leading organizations deliver innovations across a range of industries and use cases.

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5 Essential Skills for Every Innovation Leader

Qmarkets

Innovation leaders are faced with a very tough challenge, charged with both driving leadership in the traditional corporate sense, but also with facilitating internal innovation, or intrapreneurship, among their subordinates. Canadian thought leader Lynn Sharatt defines innovation leadership as the “process of synthesizing leadership styles to influence employees to produce creative ideas and solutions to the problems that they encounter.

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3 Corporate Digital Transformation Pitfalls, and How to Overcome Them

Qmarkets

Creating change with digital transformation from within your company isn't easy, but it's the hardest things which are the ones worth doing. Digital transformation is the path of the future, and if you're going to embark on a digital transformation journey, you should do it right, from the very beginning. As iScoop put it, “Digital transformation is the profound and accelerating transformation of business activities, processes, competencies and models to fully leverage the changes and opportunit

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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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Welcome to the Qmarkets Blog

Qmarkets

Over the past few months our team has been working hard to design a website that looks as good as our solution does. Today we are happy to launch the final product, and excited to welcome you to our brand new blog! We’re always looking for new ways to engage with both our existing customers and the extended innovation community, so we’re looking forward to utilising this space to that effect.

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And the Oscar goes to: Prediction Markets

Qmarkets

Once again the power of Prediction Markets was displayed last week, as it correctly predicted 19 out of the 24 winners at the 2015 Oscar awards; an accuracy level of 79%. This blog that tracked the predictions of 18 pundits, found that only three pundits got 19 or more correct, with almost 80% of the pundits making less than 18 correct predictions. This is compelling evidence for the argument that collective intelligence is more accurate than expert opinion, at least when it comes to the Academy

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3 Unexpected Benefits of employing an Innovation Management initiative

Qmarkets

Organisations are now choosing to adopt idea management systems for a number of reasons, from process improvement and incremental innovation to radical and open innovation. One of the most obviously convincing reasons is that the ROI can be upwards of 100,000%, however this blog entry will focus on some of the less obvious benefits to Innovation Management that might never have occurred to you.

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6 KPIs of Innovation Management Solutions

Qmarkets

There are certain benefits to innovation software that are difficult to measure, while some are quite obvious. This blog post will discuss methods for calculating the success of an idea management platform at 6 key stages within the workflow. Determining success at each of these stages within the platform will allow you to take appropriate action, and ensure the success of the innovation initiative as a whole. 1.

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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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Why Higher Education Needs Innovation Management

Qmarkets

Invention. DNA, Genetic Fingerprinting, CDs, Computers, and the Internet. This is just a short list of some of the greatest innovations that have been made within institutions of higher education. It is not surprising that universities regularly produce such brilliant discoveries. For over a thousand years, these institutions have provided society’s most intelligent individuals with the highest standard of education, in an eternal quest to push forward the frontiers of science, research, and tec

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Is Configuration Crucial to Innovation?

Qmarkets

. Suit and Tie. Up until the turn of millennium, the world of business was stuck in a vicious circle of homogenisation. There was a traditional way of attaining success, and if you strayed too far from this paradigm then you would lose all credibility and lose any chance of being prosperous. Because success relied so heavily on maintaining the sterilised veneer of “business”, radical organisations were unable to get to the top or change pre-conceptions.

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Qmarkets’ Innovator’s Kitchen Newsletter – June 2015

Qmarkets

This month's newsletter contains three informative news articles, and one invitation to an exciting webinar that we will be hosting next month. Click here to take a look for yourself! The main announcement for June is the release of a major update to our core system , featuring significant upgrades to both the visual and technical elements of our platforms, providing our customers with more options than ever before!

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Innovate or Deteriorate – How Can Corporations Ensure That Billion $ Opportunities Don’t Slip Away?

Qmarkets

Innovate. “Make changes in something established, especially by introducing new methods, ideas, or products.” . Just a buzzword? To many people, it might seem as though the business world has become over-saturated with innovation. This buzzword is now thrown around in conjunction with all manner of postulations and stratagems, with authors often straying away from its actual meaning in favour of seeking the attention of an increasingly elusive target audience.

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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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Innovating at Startup Speed – the Silicon Valley Way

Qmarkets

A Global Innovation Hotbed. At Enterprise Development Group (EDG) we have recently made an interesting observation: there has always been a fairly steady stream of visitors to Silicon Valley, but lately this has become a veritable torrent. Leaders and students from around the world are arriving daily in ever increasing numbers. Some are coming for just a short visit, others to settle down.

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Carrots vs Cash – How to Make Innovation Addictive

Qmarkets

Let's face it , taking a large group of somber and sensible employees and transforming them into a highly imaginative group of visionaries is challenging. What if you had a magic button you could press which would make all your employees super creative and innovative. Would you press it? Of course you would! Unfortunately such a button doesn't exist, but something which can be almost as effective does – read on to find out more.

How To 40
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“Embrace Open Innovation or be Destroyed by it…” – A Case Study on Lego & Bagels

Qmarkets

. Using the right innovation (tool) for the job. Arguably, the principle of Open Innovation was utilized for the first time by Professor James Murray in 19th Century Oxford, England. In the time that has passed since then, this concept has become infinitely easier to implement thanks to the development of Innovation Management technology, however some companies are yet to wake up to its potential. .

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Ideas: Your Company’s Most Precious and Least Exploited Resource

Qmarkets

. Whether you optimize your business, strive to win new customers, invent the latest product or simply try to innovate – ideas help. However few companies trust ideas of their crowd and the huge potential that they offer is wasted. Have you got symptoms of idea bla-bla? Many people dream of the next big idea – but only of this big and winning one. Other ideas are rarely welcome, since they threaten to disturb normal business without a clear way to success: idea bla-bla!

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Implementing Intelligent Document Processing Solutions: Why It Works

See how companies like yours are tackling some of today’s most common business problems using AI-assisted automation for document processing. Manually capturing, extracting, and processing data within documents is a costly and outdated practice that’s holding your company back. IDP takes document processing to a whole new level so you can understand and use your data more effectively than ever before.