Mon.Apr 26, 2021

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Social Innovation - the What, Why and How

Viima

When thinking of innovation, we usually think of new technologies developed by companies as engines for their own growth. However, there is more than that to innovation. It doesn’t just help companies grow; it also helps the society prosper. Today we’ll dive deeper into social innovation and show how it can serve your business.

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The 1950 speech that started creativity research

Idea to Value

Very rarely do we come across a specific moment where we can see an entirely new field of research begin. However, on Sep 2-8, 1950 , Joy Paul Guilford gave an impassioned speech as new president of the American Psychological Association where he introduced the need for more formal research into the previously vague field of creativity. It was this speech which kickstarted the field of creativity research, pioneered by himself and other researchers like Paul Torrance , and led us to the world wh

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One constant and one big change to consider in your business

Jeffrey Phillips

David Bowie sang a song about change called Changes. He spoke about the need to change - to "face the strange" - and find a new reality. Another band - Rush - talked about change as well. In their song Tom Sawyer, they wrote that "changes aren't permanent, but change is". What these rock stars and others help us realize is that change is constantly confronting us, as people, as society and as institutions.

Change 201
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Design Thinking, Lean Startup, Agile? There is a Bigger Thing Happening

Leanstack

(This is guest post by Alejandra Gonzalez , a seasoned business model strategist, product owner, and innovation coach. In this post, Alejandra shares her perspectives on when and how to incorporate lean, agile, and design thinking into your product lifecycle. Enjoy… -Ash) As a product design manager and portfolio owner, I have found myself endlessly defending why it takes 9 months to design and launch a product with no guarantee of success.

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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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Air, Water, Food

CorporateIntel

There’s no time like the present to set goals. Here’s a framework I use for myself and those I manage or advise. I generally try to classify projects into three levels of priority before I consider adding resources to anything on deck: Air, Water, and Food. In the unlikely event everything classified under Air, Water, and Food is done and behind us, I might move onto the next realm of importance, but generally, if it’s not Air, Water, or Food, it is going to get a very low priority, I’m st

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Building a World-Class Innovation Culture: Bayer

Strategyzer Innovation

In our work with companies, we have observed significant changes in the attitudes that leadership has towards innovation. Leaders now value innovation as the most important driver of growth. But even with leadership having understood the importance of innovation, there is still a need to ensure that companies create the right culture for innovation to thrive.

Culture 110

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Pfizer Joins Apple, Google and Amazon in Exclusive Top 10 Most Innovative Companies

Entrepreneur - Innovation

The pharmaceutical company Pfizer, creator of one of the most effective vaccines against Covid-19, reached the list prepared by Boston Consulting Group (BCG), dominated by Big Tech.

Company 89
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PayPal on Getting Design Involved Early in Innovation Projects

Innovation Leader

Daniela Jorge, Chief Design Officer at PayPal, shares insights on testing the Venmo credit card, getting design involved in innovation early and often, and the power of design thinking in large organizations.

Design 83
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Innovate or Die

Entrepreneur - Innovation

The pandemic has forced us all to change, adapt and engage our customers at a faster rate than any economist could have predicted.

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Edge AI: discover the new limits of Artificial Intelligence

mjvinnovation

Ten years ago, we would not imagine that Artificial Intelligence would be at today’s levels. Now, it is part of industries and even devices for customer service. The time has come to take a step forward. The new frontier is Edge AI. In today’s post, you will understand what this concept is and why you will hear it a lot in the coming years.

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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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Empower people to create extraordinary products: ‘Empowered’ book by Marty Cagan, with Chris Jones

Rapid Innovation in digital time

Experimenting 100 innovative solutions over 20 countries in Africa twice a year: that's the process we describe in this compelling interview with David L. Ross, Innovation teacher at Carnegie Mellon University.

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What a recent HBR article gets wrong (and right) about innovation metrics

Commodore Innovation

A recent HBR article ( here ) claims that use of innovation metrics (especially financial metrics) too early will “suffocate” your most promising innovations. The author, Scott Kirsner, asserts that measuring a new product with the same metrics used for established products (e.g., return on sales) leads to implicit (or explicit) benchmarking by business leaders (e.g., the CFO)—and that results in an unfavorable perception of the innovation.

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How to Take Advantage of Distractions for Greater Creativity

Innovation in Practice

We face hundreds of distractions every day. There is no way to escape them completely. We can’t just get up every morning and spend hours thinking silently. . What are we to do in this world that is full of distractions and clutter, then? . Take advantage of them. . Whether you are working amidst noisy kids or blaring email notifications, here are some ideas for how to use those resources and be creative despite all of your distractions: Utilize the Principle of Constraint.

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What a recent HBR article gets wrong (and right) about innovation metrics

Commodore Innovation

A recent HBR article ( here ) claims that use of innovation metrics (especially financial metrics) too early will “suffocate” your most promising innovations. The author, Scott Kirsner, asserts that measuring a new product with the same metrics used for … The post What a recent HBR article gets wrong (and right) about innovation metrics appeared first on Commodore Innovation.

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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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How Leaders Can Use a Delegation Framework

CMOE

Great leaders understand the value of delegation. When a team leader delegates responsibilities to individual contributors, it illustrates the leader’s belief in their potential—this can save nearly 79 percent of team members from quitting. This also frees up time for leaders to focus on more critical and important areas of the business. As your organization and team grow, so do your responsibilities.