Mon.Jul 03, 2023

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Hyperbolic Discounting: Why we choose things for now even if a better long-term option exists

Idea to Value

Which would you prefer? Getting one dollar today, or three dollars tomorrow? According to research, individuals and companies often choose options that give them a small gain in the short term, when if they were to wait a bit longer they would receive more. This is due to a cognitive bias known as hyperbolic discounting. With hyperbolic discounting, people value something more if it were to happen immediately, and their value drops quickly if they were to have to wait a few days.

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Customer Complaint Videos can Trigger Ideas

Destination Innovation

BUPA is a leading international provider of private healthcare and insurance. It is headquartered in the UK and has 82000 staff serving some 38 million customers. After customer interactions such as enquiries, procedures or complaints the company asks for feedback and tracks NPS, Net Promoter Score. Customers who give a low NPS are contacted and asked to give further details by audio or video.

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4 Ways to Earn the Respect of a More Powerful Colleague

Harvard Business Review

When you are stuck in an unequal power dynamic, it helps to remember that not only is the placement of power temporary, but you can equalize it. In this article, the author outlines four strategies you can use to creatively pivot in the moment and frame the connection differently, so that you are building the respect you deserve and positively shifting the perception of your power.

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Ideas from All? Try the Whiteboard Technique


By Bryan Mattimore “Creativity is contagious, pass it on.” Albert EinsteinIf you’ve ever had an experience with a suggestion box program – either running one, or more likely submitting a suggestion – the mere suggestion of having a suggestion box program at your organization might send your head spinning – and not in a [.] The post Ideas from All? Try the Whiteboard Technique appeared first on InnovationManagement.

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How to Easily Navigate Crypto Accounting in the Web3 Era

Speaker: Aaron Jacob, VP of Accounting Solutions & Reagan Cook, GTM Lead

Are you struggling to navigate the complexities and challenges that come with crypto accounting? 🤔 This new webinar will cover everything businesses need to know to get started with crypto accounting after incorporating crypto into their business models! Industry experts Aaron Jacob and Reagan Cook of TaxBit will thoroughly explore the prevalent operational hurdles encountered by accounting teams when interacting with crypto on the books, and detail how software solutions can effectively

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Ideas Have Limited Value

Innovation Excellence

GUEST POST from Greg Satell There is a line of thinking that says that the world is built on ideas. It was an idea that launched the American Revolution and created a nation.

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Unlocking B2B Sales: The Magic of Empathy, Storytelling, and Problem Solving

Tullio Siragusa

Unlocking B2B Sales: The Magic of Empathy, Storytelling, and Problem Solving In the realm of B2B sales, navigating the intricate web of clients’ needs, identifying their pain points, and offering them appropriate solutions requires a perfect blend of skill and art. Let’s explore the magical trio that can set your sales trajectory soaring: empathy, storytelling, and problem-solving.

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How to use ChatGPT for product management


ChatGPT has taken the world by storm in every sector and industry. Product managers are now asking how to use ChatGPT for product management. Here are some ways it can be used effectively throughout the product management process.

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5 Insights for Inclusive Innovation


Today, we delve into inclusive innovation, where diversity and collaboration drive remarkable outcomes. In today’s world, the leading edge of innovation is becoming a collaborative and inclusive process, benefiting from user involvement s and collective intelligence. We are excited to share these 5 top tips for fostering inclusive innovation that unlocks the full potential of diverse perspectives: 1.

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Communicating Effectively When You’re Running on Empty

Harvard Business Review

Maybe that conversation can wait? What to focus on—and say—when it can’t.

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How to Innovate, Part 4: Generate

Carla Johnson

July 4, 2023 We’re stuck in a vicious cycle. Bosses and clients need new ideas, so teams put their heads together. They work long hours, late nights, and weekends. They’re looking for the next best thing that will catapult their company into the bull’s-eye of our customer’s attention and solve their biggest business challenges.

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Scan to Success: How to Leverage QR Codes for Offline and Online Marketing Power

Speaker: Corey Daugherty, Head of Business Development at Flowcode & Georgette Malitsis, Senior Customer Success Manager, Enterprise at Flowcode

Let's explore the transformative power of QR codes in bridging offline and online marketing worlds. 📲 This new webinar featuring Corey Daugherty and Georgette Malitsis of Flowcode will dive into how innovative QR technology not only enhances traditional marketing strategies, but also drives meaningful customer engagement and analytics. Register today to gain practical knowledge on using QR codes to increase conversion rates, optimize customer journeys, and ultimately unlock a new realm o

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It’s been thirty-five years since I exited my life as a top retail corporate executive, to become a female entrepreneur. This rollercoaster journey includes ten years as one of many adventurous, brave, global women start-up entrepreneurs. It has been a very challenging, rewarding, and fulfilling learning journey, where I have been privileged to have the opportunity to impact thousands of men and women positively, and globally through my consulting, learning, mentoring, and coaching practice.

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Cross-Functional Collaboration: The Key to Successful Product Development


In the fast-paced, dynamic world of product development, no single person or team monopolizes good ideas. Successful product development demands collaboration – and not just among individuals, but across functions.