Wed.May 22, 2019

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Five Hurdles to Idea Management and How to Clear Them

IdeaScale

Brainstorming is the beginning of idea management, but only the beginning. To keep the momentum going, idea management needs to clear away hurdles you may unintentionally put in the way. “Whose Job Is It?” Ideas need people to refine and implement them, but who that should be isn’t necessarily immediately clear. There are some people who will insist it’s not their job, others who don’t have the tools, and still others struggling to find the time.

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Innovation Ecosystem Maturity

CREATORS

I do not believe in comparing different innovation hubs around the world and creating “most compelling” rankings. The reason is simple?—?it does not really matter whether Singapore, Tel Aviv or New York are better or worse than the other. What is important is that all of them are well developed and will provide the right tools for the startups regardless of the fact that they may be no. 1 or 23 worldwide.

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Here’s What Most People Get Wrong About Minimum Viable Products

Digital Tonto

The advantage of creating an MVP is that it essentially acts as a research lab where you can safely test hypotheses and eliminate sources of uncertainty. Related posts: The Hair-On-Fire Use Case. [[ This is a content summary only. Visit my website for full links, other content, and more! ]].

LEAN 129
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Combining lean startup and agile with a design-led approach reduces business risk

Innovation Excellence

For most corporations, leading in quality means continually pursuing organizational excellence. This means leaders have to make sure that the organization is fit for its purpose, stays that way, and keeps improving over time. Maintaining quality is much easier when the risks involved are lower. Organizations tend to reduce risk by defining things that can be measured and incentivized.

Agile 77
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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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A virtual consultant is born!

Board of Innovation

Our consultants move heaven and earth to help businesses innovate in a relevant and meaningful way. But how do we keep raising the bar even more? To facilitate the needs of our customers on a different level we set out a new goal for ourselves: becoming half human and half machine. Sounds a bit sci-fi. Continue reading. The post A virtual consultant is born!

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Sustain Strategic Focus: Align with External Cycles

Focused Momentum

Gaining a different perspective and discovering new influences on success are ideal outcomes of a robust strategic planning process. However, they don’t have to be packed away as you document your plan and move into implementation. The teams that immediately work to change their operational planning to include newly discovered external influences are better able to sustain strategic focus and accelerate performance against strategic goals.

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Key Innovations that are Transforming the Supply Chain Industry

InnovationManagement

Technology is transforming every industry across the globe, and its effectively driving the business world forward as a whole. At the center of all of this is, of course, the bottom line, or the consumers, and how they benefit from the integration of tech solutions into the processes of their favorite brands. The post Key Innovations that are Transforming the Supply Chain Industry appeared first on Innovation Management.

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12 Great Performance-Coaching Books to Read [2019]

CMOE

How important is coaching to your organization? Do you coach your direct reports? Would you like managers and leaders in your company to coach employees more often and in more effective ways? Could good coaching solve a performance deficiency in your workplace? One of the simplest methods for learning or teaching better coaching is reading books on performance coaching that are written by performance coaches and mentoring experts and express timeless principles.

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Open Innovation Drives Subway Menu Innovation

IdeaConnection

To innovate its menu offerings a fast food restaurant franchise forges an open innovation partnership with a food and travel video network.

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Execs Discuss Elevating the Human Experience in Boston

Innovation Leader

We brought together innovation, technology, and R&D leaders from large organizations in Boston. One topic of interest was responsible data stewardship.

Data 40
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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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Trends and Technologies Innovating the Banking Industry

ITONICS

Trends will matter in the banking industry in the months and years ahead. The challenge is to find out which ones are the most relevant to a given company. Is it big data and AI? Maybe the cloud? Or maybe open banking? Now is a potential tipping point for banking: the importance of technology has never been as great in financial services as it is now.

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Empower Operational Employees to Innovate

Gregg Fraley

The Benefits of Innovation Training for Operational Employees. 85% of CEOs put Innovation as a Top Three priority. Consider a Brown Bag Innovation Training or Immersion in Innovation Concepts. Why is it that organizations don’t invest in training operational employees? It’s an opportunity to improve innovation culture that few are taking up.

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Trends and Technologies Innovating the Banking Industry

ITONICS

Trends will matter in the banking industry in the months and years ahead. The challenge is to find out which ones are the most relevant to a given company. Is it big data and AI? Maybe the cloud? Or maybe open banking? The post Trends and Technologies Innovating the Banking Industry appeared first on.

Trends 28
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Marketers Must Learn to Anticipate Content Trends

Daniel Burrus

Do you remember when MTV was the best way to get in front of the teen and young adult audience? Once mobile technology became popular, it didn’t take long for that age group to be on the move. In no time, videos were streaming on iTunes. Though teens continued to watch, viewership dropped. Then came instant messaging, followed by social media. For a time, Facebook gave advertisers their niche audience of young consumers congregated in one place.

Trends 40
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From Data to Decisions: Maximizing Retail Potential with 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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Trends and Technologies Innovating the Banking Industry

ITONICS

Trends will matter in the banking industry in the months and years ahead. The challenge is to find out which ones are the most relevant to a given company. Is it big data and AI? Maybe the cloud? Or maybe open banking? The post Trends and Technologies Innovating the Banking Industry appeared first on.

Trends 28
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Which Lean Manufacturing Tools Can Improvement Software Enhance?

Kainexus

One of the reasons that the Lean manufacturing business methodology is so popular with companies in every industry is that it comes complete with a set of tools for structuring and managing the goal of continuous improvement and waste reduction. These tools are great on their own, but many of them become even more valuable when improvement management software is used as a single platform for managing positive change.

LEAN 40
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How to Avoid a Marketplace Flop

Econic

You know Gerber. It has built a strong brand with parents from all around the world over the last 90+ years. Parents know that when they choose Gerber, they are getting quality food for their babies. Like all companies, however, Gerber needs to innovate and grow. Since Gerber had already built such a strong brand with parents, they had a hunch that the best place to expand was by providing more products to parents.

How To 52
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How to Avoid a Marketplace Flop

Econic

You know Gerber. It has built a strong brand with parents from all around the world over the last 90+ years. Parents know that when they choose Gerber, they are getting quality food for their babies. Like all companies, however, Gerber needs to innovate and grow. Since Gerber had already built such a strong brand with parents, they had a hunch that the best place to expand was by providing more products to parents.

How To 40
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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