Tue.Nov 20, 2018

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7 Mistakes to Avoid when Measuring Innovation

InnovationManagement

Measuring innovation is one of the most ambiguous tasks when engaging in innovation management. Because of the complex nature of innovation, finding the right metrics is far from being simple.

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Getting the right question is half the battle

Jeffrey Phillips

I return once again to one of my favorite sayings, by Stephen Covey, who said (I'm paraphrasing): sharpen the saw before you start cutting the wood. It's a really simple thought - do the right things to prepare before you start a big task, but we lose sight of what adequate preparation looks like in so many activities. There are several reasons for this.

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Harvesting Innovation from the Desert

Innovation Excellence

I had the opportunity to chair the recent Back End of Innovation 2018 conference in Phoenix, Arizona and I thought I would share some of my notes and takeaways from the event. It’s definitely an event worth attending next year if you’re an innovation professional and missed this year’s conference. Day One The conference opened.

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The 3 Steps to Successful Marketing

The Human Factor

Image source. Contributed post –. Marketing is a much talked about concept that has many different branches and approaches, indeed there’s often so much information when it comes to marketing your business that it can be hard to know which way to turn. There are, however, only three broad steps in the marketing process that you need to master. In that vein, this article is going to look at these steps and ways you can be effective within each step.

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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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The Novelty-Value Matrix

Innovation Excellence

There are many definitions of innovation. In my view, there is a qualitative and quantitative component that helps to determine whether something is innovative as defined by users. The qualitative component is newness i.e whether someone is new or is old done in a new way. The quantitative component is the multiple of user defined value.

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Blending Big Data and Design Thinking Works Best

Michael Roberto

Bryant University Professor Lori Coakley and I have published a new article in the American Management Association Quarterly (Fall 2018 issue) titled, "The Human Center of Design Thinking." In this short essay, we argue that many firms stumble because they focus on a technology in search of a problem. Put another way, they wield a hammer in search of a nail. rather than seeking out unmet human needs, pain points, and frustrations that must be alleviated.

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Economic Development Teams Need Innovation Training

Gregg Fraley

Economic Development and the “Home Run” Complex. Amazon has finally made a decision about it’s new HQ. I have to say I’m a bit awestruck at how much time and energy was wasted by so many cities and regions around the country, only to have Amazon do the obvious thing and go with the world capitals for corporate HQ’s — New York and Washington.