Thu.Mar 31, 2022

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This is what failure actually looks like

Idea to Value

I want to tell you a story about the most clear example of failure I know of. In 2019, while I was living and working in Australia, a news story went around which was so crazy it was hard to believe. A drug dealer had been caught by the police, and had therefore lost the 273kg of methamphetamine which he was transporting in his van. These drugs were worth an estimated AUD $200 million, or about US $140 million.

Course 242
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If humans are interdependent, why is medical training modular?

Christensen Institute

Since the mid-1800s, the clinical component of medical education has been focused on the hospital setting. As a result, we have grounded how we teach – and what people learn – around a state of life most people wish to avoid: illness. Unfortunately, the focus of the teaching and thus the learning isn’t around how to prevent that illness. The focus is on how to fix the problem once it arises.

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6 New Product Development Process Strategies for When Budgets Are Constrained

Sopheon

Innovation planning and new product development processes can’t stop even when budgets are constrained. Learn how to get creative to ensure innovation & revenue aren’t interrupted. The post 6 New Product Development Process Strategies for When Budgets Are Constrained appeared first on Sopheon.

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What is a Kanban Board and How Does it Improve Quality?

Kainexus

In the post-WW II era, Toyota realized that they could improve profitability and product quality by matching parts inventory with real-time demand to create a “just-in-time” production and provisioning process. To achieve this, they implemented a visual system to track the movement of parts from the supplier to storage locations and finally to the assembly line.

System 89
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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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3 Stumbling Blocks that Prevent Managers from Being Strategic

CMOE

Strategic thinking has become one of the most valued skills in managers, and many organizations know that strategic thinking is integral to their success. Unfortunately, managers often run into challenges that prevent them from engaging in strategic thought and action with consistency and regularity. Let’s take a look at three stumbling blocks managers often encounter so we can better understand how to help them overcome these challenges. 1.

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INNOVATING THROUGH CONSTRAINTS

ImagineNation

It’s been almost two and a half years since the Covid-19 pandemic shifted most of us to working virtually and remotely which seriously disrupted most of our business-as-usual behaviours and learning habits. Interestingly, this also completely disrupted not only our safety and comfort zones , but also disconnected our sense of security, as well as our confidence to survive and thrive in a world where so many of us felt exploited and depleted, by some of our employers.