Wed.Mar 15, 2017

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Ten Tips for Story Tellers

Destination Innovation

One of the best ways to get your message across is with stories. Facts and data can be persuasive but many people prefer a story. So how can you craft a good story? Here are some hints which work in most situations including social, political or business settings. Don’t tell theoretical stories. Talk about real people and what happened to them.

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Three Interesting Examples of Crowdsourcing in the Financial Sector

IdeaScale

Crowdsourcing can add up in surprising ways. Can finance benefit from crowdsourcing? While open innovation and crowdsourcing are incredibly popular in other industries, the financial industry is necessarily more conservative about the technology it uses and the consumers it listens to. “Move fast and break things” isn’t the attitude you want from somebody selling you a mortgage, after all.

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The innovation knowing/doing gap

Jeffrey Phillips

The more we learn, the more we discover that innovation is vital to renew businesses of all sizes. Those that undertake significant innovation activities seem to grow and prosper. Those that neglect innovation seem to wither away. Executives understand this. More importantly, markets understand this. And when markets understand and signal something, executives get on board.

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The Lean Startup Is Now Helping To Transform Government Funded Science Into Real Businesses

Digital Tonto

The Lean Startup isn't not just a series of techniques and tricks, but a fundamentally different way of thinking that can help anyone launch a new product or venture. Related posts: How Lean Startup. [[ This is a content summary only. Visit my website for full links, other content, and more! ]].

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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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2 Keys to Prioritizing Strategic Opportunities

BrainZooming

Short Story: Instead of voting on strategic priorities, use exercises incorporating individual perspectives and strategic conversations to make fact-based decisions on where to focus your company’s attention. How do you approach prioritizing strategic opportunities ? There is no one way that’s right for deciding among competing initiatives. In fact, we don’t even use just one way to prioritize them.

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Why Some Startups Win

Steve Blank

If you don’t know where you’re going, how will you know when you get there? I was having a second coffee with an ex student, now the head of a marketing inside a rapidly growing startup. His company had marched through customer discovery, learning about the customer problem, validated solutions and was now scaling sales and marketing. All good news.

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Why You Need a Personal Innovation Strategy

Innovation Excellence

The challenge we're facing is to avoid personal obsolescence, and to thrive amidst the churn. And that’s why I believe in developing a Personal Innovation Strategy -- a written out game plan to keep you on course and adding value no matter what’s going on in your life right now.

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Systematic Idea Generation and Organizational Capabilities for Front-End Innovation Performance in SMEs

InnovationManagement

This study seeks to answer two key questions about front-end innovation: when do idea generation activities involving internal and external partner’s payoff, and which organizational capabilities support idea generation activities for achieving high front-end performance?

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Turning the Innovation Tables

Innovation Excellence

Recently, I attended an interesting program co-sponsored by the University of North Carolina's health care innovation program and AARP. This got me thinking. We're doing corporate innovation all wrong, and the innovation sprint that UNC and AARP were conducting have got it right. Let's imagine for a second what this would look like in a corporate setting.

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A successful trip to Europe

Yet2

Back in February a yet2 team that included Tim Bernstein, CEO; Edward de Paz, yet2 Europe Managing Director; and Callum Wood; Senior Project Leader visited The Netherlands to build on some of our most important and valued relationships with clients. Alongside meeting with some familiar faces, yet2 took the opportunity to build new relationships with a diverse set of companies where we exhibited our varied capabilities and demonstrated how engagement with yet2 delivers a unique model with a clea

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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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Why “Gretzky’s Rule” Represents the Past of Product Innovation

Innovation Leader

Most people operate markets where outcomes are unpredictable and new competitors can disrupt your entire business. Find out what on Ericsson exec had to say.

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Hootsuite's Czar of Bad Systems

Michael Roberto

Source: Wikipedia Ryan Holmes, CEO of social media platform Hootsuite, has written a terrific article for Fast Company about the latest management initiative at his firm. Holmes begins by recounting the story of one employee who became frustrated with the approval process required to send one customer a Hootsuite t-shirt as a gift. The t-shirt cost $15.

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