Wed.Jun 14, 2023

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Building Up to the Composable Innovation Enterprise Framework Validation

Paul Hobcraft

On Monday 12th June 2023 I made a proposal that innovation is in need of a radical redesign. The post was my “ The Final Perspective: A Composable Innovation Enterprise Framework “ This recommendation had been built out over the past three months toward this final conclusion. Here I want to summarize the posts that were part of this build-up, that build the compelling business case for the need to change our thinking about innovation.

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What Is Apple’s Vision Pro Really For?

Harvard Business Review

To understand the value of Apple’s new goggles, it’s helpful to think about how virtual reality (VR) and augmented reality (AR) correspond to two fundamental tasks in decision making. VR presents new information; AR distills information from an existing environment. But previous headsets and internet-enabled glasses haven’t tapped into the potential for either of these in a decision-making context.

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Giving and Receiving Intense Criticism and Feedback

Phil McKinney

Criticism has always been associated with failure and rejection. However, for successful innovators, criticism is the key to their success. Subjecting one's ideas to intense criticism may seem counterintuitive, but it is essential in creating innovative solutions. And as innovators, inventors, leaders, and executives, we all know that ideas are crucial for any breakthrough.

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Four Keys to Effective Team Communication

Innovation Excellence

GUEST POST from David Burkus Communication is what makes a team a team. Otherwise, it’s just a group of individuals working away at their desks, handing work up to some unnamed boss. In reality, people don’t work in a vacuum. And much of one individual’s work requires coordinating with one or more teams.

Groups 75
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Navigating the Future: Generative AI, Application Analytics, and Data

Generative AI is upending the way product developers & end-users alike are interacting with data. Despite the potential of AI, many are left with questions about the future of product development: How will AI impact my business and contribute to its success? What can product managers and developers expect in the future with the widespread adoption of AI?

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Is Your Business Model Part of Your Innovation Strategy?

Harvard Business Review

Disruptive innovation isn’t just about simplifying technology — it also requires a new business model.

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Rapid Experimentation: The Fast Track to Overcoming Uncertainty

Moves the Needle

Brant Cooper discusses what it takes to complete rapid experiments and how it can be the fast track to overcoming uncertainty. The goal is to separate what customers will do vs. what they say they’ll do. Too many entrepreneurs and corporate product people rely on “positive feedback” to make decisions. Countless hours and dollars are wasted assuming they know what their customers want based on little to no evidence.

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Overcoming Not Invented Here (NIH), The Most Powerful Blocker of Innovation

Mike Shipulski

When new ideas come from the outside, they are dismissed out of hand. The technical term for this behavior is Not Invented Here (NIH). Because it was not invented by the party with official responsibility, that party stomps it into dust. But NIH doesn’t stomp in public; it stomps in mysterious ways. Wow! That’s a great idea! Then, mysteriously, no progress is made and it dies a slow death.

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Taking Decisive Action in a Crisis

Harvard Business Review

How an unconventional CEO transformed the safety culture in the mining industry.

Culture 91
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The 13 Best Performance Management Systems

CMOE

Performance management aligns team members and resources while flagging potential issues. With an effective performance management system, leaders can proactively adjust and help workforce members achieve target objectives. But the unfortunate reality for many organizations is that performance management can sometimes be slow and inefficient. McKinsey cites poor metrics, poor targets, and a lack of transparency as common issues.

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What Is Lean Strategy Deployment? | KaiNexus

Kainexus

Lean Strategy Deployment, also known as Hoshin Kanri, is a systematic approach organizations use to align their annual objectives around strategy with the day-to-day activities of their teams. It originated from the Toyota Production System and has been widely adopted in various industries.

LEAN 52
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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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International Rescue Committee Challenge – making refugee camp toilets safer for women and girls

Wazoku

14 June 2023 – The International Rescue Committee (IRC), a global humanitarian organization that helps people affected by conflict and disaster, has launched a new Challenge to capture new ideas to increase comfort and safety in women’s toilets in refugee camps. To learn more about the IRC’s mission and about the Challenges, visit the IRC Showcase on the new Wazoku Crowd website.

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Free On-Demand Webinar: How to Disrupt a Massive Market & Innovate

Entrepreneur - Innovation

Watch for our free on-demand webinar with Brent Handler, CEO of Inspirato and learn from his experiences over the past two decades on disrupting a massive market.

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Building Trust through Transparent Employment Contracts in Startup Hiring and Resignations

Collectivecamp

Employment agreements are an essential part of the hiring process, a must-have for the HR industry and for the employees as well.

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Why the Decline in Labor Productivity?

Michael Roberto

Jane Thier reported last week for Fortune on the decline in labor productivity in the American economy. She notes that the United States has experienced productivity declines for the past five quarters. That hasn't happened since World War II. Thier examines George Mason economist Tyler Cowen's commentary regarding the potential causes of this significant decline.

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How Embedded Analytics Gets You to Market Faster with a SAAS Offering

Start-ups & SMBs launching products quickly must bundle dashboards, reports, & self-service analytics into apps. Customers expect rapid value from your product (time-to-value), data security, and access to advanced capabilities. Traditional Business Intelligence (BI) tools can provide valuable data analysis capabilities, but they have a barrier to entry that can stop small and midsize businesses from capitalizing on them.