Sat.Jul 08, 2017

article thumbnail

Why Financial Organizations Must Fight Digital Disruption with Digital Disruption

Qmarkets

The term ‘Digital Disruption’ describes the situation where an existing industry is being altered by emerging digital technologies. These new technologies lead to innovations, often creating new markets and value markets that can impact the established leaders in the industry. Financial organizations of all shapes and sizes are being disrupted by small, agile, innovative and technology-oriented companies which offer convenient and efficient services.

article thumbnail

Seek Simplicity, But Distrust It

Innovation Excellence

You only need to look at any Apple product to understand our fascination with simplicity. The sleek lines, intuitive user interface and human centered design give us a feeling of power over our technology. You don’t need a complicated user manual to instruct you, you just pick it up and go. Unfortunately though, that simplicity.

Design 41
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

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.

article thumbnail

The Thin Line Between Innovation and Insanity

Qmarkets

The invention of the airplane, the telephone and the computer; the discovery of gravity, electricity and relativity – all great innovations that changed the world. But in accordance with their greatness, there was also resistance. George Bernard Shaw famously wrote, “All great truths begin as blasphemies.” Less well known is the fact that this intolerance has often come from within the ranks of the scientific community itself.

article thumbnail

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.

article thumbnail

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.

article thumbnail

How to turn a Multinational Automotive-Finance Company into an Innovation Powerhouse

Qmarkets

With over 3,100 employees across 36 companies, RCI Bank and Services is a multinational finance company which is focused on delivering innovative services to customers of the Renault and Nissan automotive groups. We sat down with Jean-Philippe Mathes, Innovation Lab Director for RCI Bank and Services , to learn more about his experience managing the company’s innovation project utilizing Qmarkets’ idea management software.

More Trending

article thumbnail

Think Your Company’s Pursuit of Innovation has Run its Course? Think Again…

Qmarkets

For several years now, the pursuit of innovation has been established as one of the top priorities for senior leaders at large organizations. Don’t believe me? Take a look at these research reports from PwC , Deloitte , Forrester , and Gartner. However, while many corporate leaders are eager to enter the race to innovate, the majority of them give up before they reach the finish line.

Course 53
article thumbnail

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

article thumbnail

How Qmarkets Partnered with NHS to Create the Most Sophisticated Healthcare Innovation Exchange Platform in the UK

Qmarkets

Tammy Holmes, Innovation and Adoption Programme Manager for the West Midlands Academic Health Science Network (WMAHSN), talks about the changes in the healthcare industry in England, the challenges in implementing innovation, and how Qmarkets' idea management platform has helped the WMAHSN effectively manage and implement evidence-based innovations to improve health and create wealth.

article thumbnail

The Secret Ingredient to Operational Excellence Success

Qmarkets

Understanding Operational Excellence. If there is one buzzword in business language today which is most guilty of confusing workers with its obfuscating fog of convoluted terminology, it would have to be Operational Excellence. The whirlwind of discussion surrounding this subject includes terms such as Performance Excellence, Business Process Management, Process Improvement , Economic Efficiency, and Incremental Innovation just to name a few.

LEAN 49
article thumbnail

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.

article thumbnail

The Corporate Dilemma: Incremental vs. Disruptive Innovation

Qmarkets

While taxi companies have come a long way over the years in improving service to their customers, nothing could compare to the radical change engendered by the introduction of Uber, a company which drastically changed the taxi industry almost overnight and captured a large market share. Is this model of disruptive innovation an innovation model which more companies should be striving to adopt?

article thumbnail

Can Crowdsourcing Help to Break Down the Biggest Obstacle in Market Research?

Qmarkets

The Wall of Separation. You can’t see it, but it’s there: a towering wall, stretching from horizon to horizon , that separates 90% of all workers from the customers that keep them in business. Since the dawn of the industrial revolution, right through to today, people who sell things plan and organize and execute their business inside closed organizations (they’re called companies) where they spend their days talking almost entirely to each other.

article thumbnail

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.

article thumbnail

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

article thumbnail

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

article thumbnail

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.

article thumbnail

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.

article thumbnail

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

article thumbnail

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 40
article thumbnail

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

article thumbnail

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.

article thumbnail

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!

article thumbnail

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.

article thumbnail

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

article thumbnail

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.

article thumbnail

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.

article thumbnail

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
article thumbnail

“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. .

article thumbnail

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!

article thumbnail

Reimagined: Building Products with Generative AI

“Reimagined: Building Products with Generative AI” is an extensive guide for integrating generative AI into product strategy and careers featuring over 150 real-world examples, 30 case studies, and 20+ frameworks, and endorsed by over 20 leading AI and product executives, inventors, entrepreneurs, and researchers.

article thumbnail

How Innovation Management can Revolutionize the Video Game Industry

Qmarkets

Art or Strictly Business? The Figures - A Growing Economy. Since its introduction to the general public in the 70’s, the video game industry has become one of the most popular and engaging forms of entertainment, estimated to be worth $113 billion by 2018. To put this into perspective, this figure is almost $10 billion more than the gross domestic product of present day Morocco.

Video 40
article thumbnail

Gartner Research Insights: 5 Innovation Hacks to Boost your Digital Return

Qmarkets

Hackathons, internal innovation programs, open innovation, technology acquisitions…these days it seems like everyone is jumping onto the innovation bandwagon. However the popularity of these concepts is equaled by the confusion surrounding them. How is innovation best performed? Can guidelines for innovation be created? Recently, Gartner released a presentation, "The 5 Most Effective, Least Used Digital Innovation Hacks" 1 outlining the results of a survey performed, asking CIOs regarding

Survey 40
article thumbnail

Swiss Post & Qmarkets – An Innovation Management Success Story

Qmarkets

Qmarkets currently maintains successful deployments with over 200 customers across the globe, ranging from multinational fortune 500 companies such as Total, Nestle, and PMI, to high-tech SMEs such as Emergent Biosolutions, and Recaro. The Qmarkets team endeavours to ensure that all projects are successful, however sometimes this is easier said than done.

article thumbnail

Delivering Innovation: 5 Insider Tips to Streamline your Innovation Software Implementation Process

Qmarkets

Our experts talk innovation - Qmarkets’ employees discuss their personal experiences and provide tips and best practices for the successful deployment of Innovation Management systems: Some will say that there are no bad ideas, only bad adaptation from idea into reality. My name is Joel Ben Nescher, and I’m a Project Manager in the software delivery team at Qmarkets.

article thumbnail

The Big Payoff of Application Analytics

Outdated or absent analytics won’t cut it in today’s data-driven applications – not for your end users, your development team, or your business. That’s what drove the five companies in this e-book to change their approach to analytics. Download this e-book to learn about the unique problems each company faced and how they achieved huge returns beyond expectation by embedding analytics into applications.