Wed.Mar 28, 2018

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Do You Know the Value of an Idea?

IdeaScale

If you’ve been reading our blog, then you know that there are two ways of measuring innovation program success : innovation inputs and innovation outputs. One of our customers is so good at measuring their innovation outputs, that they know the value of every incoming idea (whether it’s implemented or not). This is something that you see in almost every practice that includes a funnel.

Course 164
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How To Win In The New Era Of Innovation

Digital Tonto

The best way to become a dominant player will be to become an essential partner. Related posts: There Is No One True Path To Innovation. Here’s Why Your Innovation Strategy Will Fail. 4 Myths About. [[ This is a content summary only. Visit my website for full links, other content, and more! ]].

How To 91
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The Top 5 Technology Trends That Will Drive Innovation in 2018

hackerearth

Innovation is never easy, and in today’s world where everything is becoming digital, innovation is technology first and quite complex. Over the years, the linear model of innovation has been tweaked to include these variations—the phase gate model (e.g. NASA 1960), market pull (e.g. photo editing software), and technology push (e.g. Samsung Galaxy with touchscreen technology in 2012).

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Ignite Spotlight: An Interview with Pepperdine University’s Shawn Herrera

Planview

With Spigit’s Ignite conference right around the corner, we had a chance to catch up with Pepperdine Graziadio Business School’s Shawn Herrera. Herrera is Pepperdine Graziadio Business School’s Director of Corporate Partnerships and is also an Adjunct Professor teaching sought after courses on leadership and innovation. He’s also one of the many phenomenal speakers at Ignite who will be sharing their experience running an innovation program.

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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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Co-innovation: the concept, its benefits, and why you need to embrace it

hackerearth

Innovation is the key to gaining and sustaining competitive advantage, especially in today’s fast-paced, tech-fueled business ecosystem. Traditionally, many organizations used their own knowledge monopoly to innovate and deliver dominant technologies and products to the market. However, businesses soon understood that innovation cannot take place in a vacuum and it requires different points of view, diverse skill sets, and collaboration.

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Creating the Causes and Conditions for New Behavior to Grow

Mike Shipulski

When you see emergent behavior that could grow into a powerful new theme, it’s important to acknowledge the behavior quickly and most publicly. If you see it in person, praise the behavior in front of everyone. Explain why you like it, explain why it’s important, explain what it could become. And as soon as you can find a computer, send an email to their bosses and copy the right-doers.

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Measuring Innovation

Econic

Measuring innovation can be a challenge. One of the more important topics when it comes to running an innovation lab is deciding how, exactly, to measure innovation. How specific do you want to get with the metrics you’re choosing, and how can you find the right mix that will be the most effective? During a recent workshop in Minneapolis with corporate innovators, we went over one case study where at the beginning, the measurements were too loose.

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Harmonizing Existing Innovation Initiatives

Strategos

Anyone given the responsibility for accelerating innovation in a large corporation quickly appreciates that they won’t start from scratch. You don’t want to smother enthusiasm but you’re now responsible for making choices about harmonizing existing initiatives and conceptual models if innovation is to rise from tactical to strategic. This article describes guiding principles how to do this. download.

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Innovation: Everyone’s Responsibility

Daniel Burrus

Ask anyone in your organization to outline their responsibilities, and you’ll generally get the usual list—sales, marketing, employee benefits and other similar tasks. Innovation? Sorry, not on the docket. That’s somebody else’s concern. This can be a dangerous mind-set. We are living in a time of transformational innovation—not mere change, but game-changing digital disruption.

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8 Reasons Why Today Will Be an Awesome Day

Innovation Excellence

“It may not feel like it at times, but you live in the most fortunate sliver of humanity.” If you’re reading this, then You actually woke up this morning with a heartbeat; 150,000 people never will again. You have clean water to make a cup of coffee or tea, and a toilet to flush; nearly.

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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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Measuring Innovation

Econic

Measuring innovation can be a challenge One of the more important topics when it comes to running an innovation lab is deciding how, exactly, to measure innovation. How specific do you want to get with the metrics you’re choosing, and how can you find the right mix that will be the most effective? During a recent workshop in Minneapolis with corporate innovators, we went over one case study where at the beginning, the measurements were too loose.

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Kristian Elmefall

Innovation 360 Group

Based in Sweden. Background. Business stands in front of challenges, if it’s a need to grow, be more profitable or just keep up with the change in the world to stay relevant. This demands to create a future wanted state of the business. Kristian helps businesses and organizations to evaluate or create strategies for reaching that wanted future state and to create and deliver innovation programs and projects to fill the gap between the current state and wanted state.

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How do you harmonise and accelerate innovation in corporate organisations?

Strategos

How can you harmonize and accelerate innovation in a corporate organisation? Anyone given the responsibility to accelerate innovation in a large corporation quickly appreciates that they won’t start from scratch. As you survey your company landscape, you may see that a variety of well-intentioned teams such as “Lean Startup,” “Design Thinking,” or “Crowdsourcing” are within pockets, preaching practices.

Roadmap 40
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Golden Circle

Econic

Innovation – Golden Circle. In the video below we take a moment to dive into Simon Sinek’s work centered around innovation and the golden circle. Simon Sinek’s work inspires a portion of what we do with both our own company and our clients at Econic. Developing a strong innovation thesis is something in line with Simon Sinek’s concept of the golden circle.

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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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What you need to know about India Innovation Growth Programme 2.0

hackerearth

After a not-so promising start at the beginning of this decade, India has been climbing up the Global Innovation Index ( GII ) rankings in the last couple of years—moving to from 81 in 2015 to 60 in 2017. According to a 2016 Capgemini study , India was the best innovation destination in Asia and the third best in the world. The increase in innovation investment in the region was attributed in part to “the government and other public-sector initiatives that seek to establish India as digitally em

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Why Outsiders ‘Think Different’ & How to Spot Them

InnovationManagement

Conformity may be over-rated. Most innovators really do "think different." Learn to spot them, and what they can teach us!

How To 46
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#1,280 – Eta, a Real-Life Weasley Family Clock

Greatest. Idea. Ever.

I’ve written in the past about Enchanted Objects, items that elicit an emotional response when we use them. There’s a pill bottle that glows when it’s time to take your medication, an umbrella that lets you know if it’s going to rain that day, and best of all, the proverbial wallet that gets harder to open as you approach your monthly budget. On the one hand these objects are really just a part of the Internet of Things.

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8 Traits of Winning Product Managers

The Human Factor

Do you wish your product manager could get more done? Chances are they’re missing some or all of the critical winning traits. Product managers play a critical role in many organizations. However, judging from the number of complaints I hear when working with CEOs and company leaders, good ones are hard to find and even harder to make sure their impact is as positive as possible.

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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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#1,279 – Oxygene

Greatest. Idea. Ever.

A while back I wrote about CityTree, a moss filled bench that could provide the same environmental impact of planting 275 trees. Now it seems we’re set for a moss filled encore thanks to new tires from Goodyear that come coated with moss. An innovation that could have an even larger environmental impact. As Futurism reports, “The concept behind new tires, named Oxygene, is unique — it involves embedding living moss within the tires’ sidewalls.

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WE'RE NUMBER SEVEN!

Idea Champions

How cool is this. I just stumbled on the Consultants500 website -- an online business advisors marketplace -- and discovered that Heart of Innovation (this blog) is rated the 7th best innovation blog out of 161 innovation blogs surveyed. Whoo! Whoo! IdeaChampions.

Survey 12
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Innovation trends in the BFSI sector

hackerearth

The Internet has had far-reaching consequences in every industry and the banking, financial services, and insurance (BFSI) sector is no exception. Online banking has largely replaced traditional banking, except in remote areas where a reliable Internet connection is an issue. Banking is increasingly becoming digital and financial institutions are being forced to rethink the way they conduct business.

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