Wed.Dec 12, 2018

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Five Causes of Innovation Blues

InnovationManagement

The key to innovation success is simple—innovation is nothing without exploration and exploitation.

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Mid-market Firms Need Innovation

Wellspring

While the innovation prowess of the top-performing companies are well known, the “big business” side of the market only represents one-third of the $30 trillion dollars in private sector gross receipts. The mid-market, representing another third, is largely defined as firms with annual revenues of over $100 million but less than $3 billion. As a whole, this slice of the U.S. economy represents roughly $10 trillion in gross receipts and nearly 30 million jobs.

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The Need for Digital Innovation Platforms

Paul Hobcraft

I want to offer some thoughts that need us all involved in innovation to think about as we finish out 2018. If you are frustrated with your current innovation process then read on. If you are not, then simply “click away” and certainly my best wishes by ignoring a very changing innovation world that we are all undergoing. The reality is we are all moving towards becoming “Digital Enterprises” Digital transformation is deepening into an enterprise-wide movement. and is mod

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A Love Note to Lurkers

IdeaScale

There was a lot of talk at this year’s Open Nation about the number of lurkers in IdeaScale communities: those community members who sign on, create a profile and view pages, but then don’t take further action like suggesting ideas, reviewing ideas, refining ideas, etc. For those of you familiar with the 90-9-1 rule of the internet, this makes a lot of sense; 1% of the participants in any digital system will be adding the most value, 9% adding some value and the other 90% are simply viewing the

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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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The Genomics Revolution Is Beginning Now Moving At Full Steam

Digital Tonto

Not since the early days of the digital revolution have we seen a technology accelerate with such velocity Related posts: The 3 Big Technologies To Watch Over The Next Decade—Genomics, [[ This is a content summary only. Visit my website for full links, other content, and more! ]].

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Five Steps to Change Your Thinking

Daniel Burrus

When you make changes, are they coming at you from the outside in or inside out? In my 30 years of working with top leaders from business, health care, government and education, I have found that the majority of change comes from the outside in. When a new law is passed, you have to make changes in order to comply with it; when a competitor comes in offering lower prices, you probably have to change some aspect of how you do business; and when a new technology comes out that changes customer beh

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Innovating Swim Flippers with Jobs to be Done

Innovation Excellence

“I want a pair of flippers for my birthday,” my 7-year-old announced today. “But, I am not actually into flippers.” This baffling statement came after a day at a friend’s backyard swimming pool where my daughter had her first-ever encounter with a pair of flippers. She spent several hours splashing around with them, evidently delighted.

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Context, Context, Context

Focused Momentum

Strategic planning efforts can produce high levels of anxiety in organizations. Worry is caused when new thinking changes the status quo leaving large numbers of folks concerned about the value of what they contribute in the new set of priorities. Since usually a smaller number of folks have been part of crafting the new strategic direction, the majority lack a deep understanding of the need to embrace a new direction.

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3 Things About Amazon’s Whole Foods Acquisition That Nobody Is Talking About … Yet

Innovation Excellence

The three game changers guiding Amazon’s long strategy will forever alter the way we think about customer experience. Jeff Bezos’ vision for the future of Amazon goes well beyond the short term speculation about the pending Whole Foods acquisition. The din around Amazon’s $13.7 Billion acquisition of Whole Foods has been deafening.

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A Simple Definition for a ‘Business Model’

Peer Insight

The term business model is used loosely to describe how a business operates, but what is it as its simplest? Our CEO, Natalie Foley, breaks it down into simple terms and describes how a business model develops around a consumer need and evolves quickly through testing that de-risks concepts. Here’s how we developed a new-to-the-world athletic apparel company: We first uncovered needs by going directly to our customers in the market – athletic apparel stores and their homes – to obser

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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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Develop a Winning Growth Strategy

Strategos

We recently held a webinar on developing winning growth strategies. Below you will find the replay. If you have questions after watching the recording please get in touch with us at hello@strategos.com or go to the Contact Us page. The post Develop a Winning Growth Strategy appeared first on Strategos – Strategy and Innovation Consulting Firm.

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How Vodafone produced service innovation from their marketing campaign

Be-novative

The multinational telecommunication company had novel thoughts for revamping the marketing plans for its youth-focused package, Vodafone You. Beyond being hip and trendy to appeal to young customers, the Vodafone marketing team realized that to establish a deeper connection with Generation Z, they need to tap into the characteristics and values of these digital natives, being: a passion for entrepreneurship, co-creation, openness, and self-fulfillment.

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#1,413 – Desktop Supercomputers

Greatest. Idea. Ever.

It used to be that computers were huge monstrosities that took up entire rooms. Now they fit in our pockets in the form of cell phones while room sized supercomputers are today’s monstrosities. But soon those will fit in our pockets too. At least that’s what my expectation is after news of a breakthrough that shrinks down a supercomputer to the size of a laptop!

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Stimulating creativity in your organization

Be-novative

Is your organization reaching its true creative potential? In other words, is your organization being stimulated to innovate? At Be-novative, we have worked with various enterprises on their innovation goals and processes. After numerous experiences (and by numerous we mean with over 70 organizations), we identified some common innovation barriers that most groups seem to face.

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How Retailers Are Transforming Customer Experiences with Data & 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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You Won’t Believe What Farming Can Teach You About Running A Business

The Human Factor

Running a business is all about taking inspiration from others. Contributed post –. Farming and business ownership are two things that don’t usually get compared to one another. However, in many ways, owning a farm is very similar to owning a business. In essence, you’re running an operation where you can make money – which is the same as any other organization out there.

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An open innovation success story

Be-novative

We have a particular key learning to share along with an open innovation success story. First, let’s briefly go over Collective Creativity. We talked a lot about the Collective Creativity principle and its importance in not only our business world, but society. For those new to the term, it’s been popularly coined by Harvard business professor Linda Hill.

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Don’t Let Your Cash Flow Freeze Over This Winter

The Human Factor

Contributed post –. Winter is here and while our salaried friends’ thoughts may turn to Christmas shopping, cooking the holiday dinner and the hangover they’ll be nursing after the office party, entrepreneurs have a different set of concerns. The winter brings with it its own set of challenges from higher operational costs such as increased spending on heating and lighting to the health and safety considerations raised by the winter weather.

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What we learned from 60+ organizations on innovation [free ebook]

Be-novative

To start deliberately establishing cultural practices, process improvements and the tools necessary to take innovation to the next level, we learned that Collective Creativity, coined by Linda Hill, is the next generation methodology and toolset that delivers fast and valuable breakthroughs for organizations. Innovation is hard work, but both the steps and the continuous nurturing of this space will be easier and eventually fruitful with the help of Collective Creativity.

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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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4 Ways to Release the Potential of Your Employees

The Human Factor

Contributed post –. There’s only so much that you’ll be able to achieve all on your own. After all, you’ve got a limited number of skills; you’re going to need others to help you push your business forward. It’s not enough, however, to simply bring people on board. You need to create the platform upon which they can deliver their best work. If they’re able to reach their full potential, then it’s only going to help your business.

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How to enable Disruptive Innovation in an enterprise? [video included]

Be-novative

Disruptive Innovation is not a linear process. This is why we need to change a few aspects of the traditional innovation management approach to encourage employees to become intrapreneurs and drive more breakthrough results. We created a short video for you on this topic. Subscribe to our channel as more videos are about to come every 1–2 weeks: [link] Besides the stage-gate process that is perfect for supporting continuous improvement in a company, we need to adopt more agile techniques that bu

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Creating Your Website Presence

The Human Factor

Contributed post –. Are you in the process of creating your web presence? If so, here are some useful tips to assist…. image source. Your domain name . Your domain name is the one thing that you will have to live with for a long time. Everything else can be changed easily and quickly, but once you have chosen your domain name and purchased the web address, and once people begin to know what you are called, changing the site name is a hassle you probably won’t want to have to deal with.

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4 Team values to build a culture of innovation [with video]

Be-novative

Since Pris, CEO and founder of Be-novative graduated as a psychologist, she often speaks about the psychological factors of how to build an innovation culture every day. As “culture eats strategy for breakfast” (that is mostly credited to Dr. Peter Drucker), establishing this new mind-set should be number one priority for every innovation manager or HR leader who want to turn their company into an innovation engine.

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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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Five Tips For Better Time Management

The Human Factor

Contributed post –. If you want less stress and better focus at work, then you need to think about the way that you are using your time. The thing is, time management can be one of the most difficult things to get your head around as a business leader. When you have deadlines coming out of your ears and you’re working from home (hello, distractions), it can all get a little too much.

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Setting Strategic Boundaries to Free Your Ideators

Svava

Easy ways to start improving the Quality of your Workshops.

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Signs Your Website Needs To Be Changed

The Human Factor

image source. Contributed post –. Today, almost everyone engaged in any type of entrepreneurial pursuit needs a website, yet we often spend so much time thinking about creating a website (when we could be building one) that we never get anything done. People approach the idea of creating a website in many different ways, some believe in the principle of “good enough for now” meaning they are happy to put together some basic that conveys key messages and contact information – whilst others

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Digitalization and future trends in lean

Be-novative

Last week we held an event to share best practices in the fields of digitalisation lean for large organizations. The invited speakers were: István Ladosinszki, the leader of competence centre for Hungarian T-Systems Tivadar Tavaszi, the CEO of the Hungarian Knorr-Bremse Rail Systems Budapest Priscilla Várnagy, the CEO of Be-novative How to introduce innovation at every level and implement ideas better?

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Implementing Intelligent Document Processing Solutions: Why It Works

See how companies like yours are tackling some of today’s most common business problems using AI-assisted automation for document processing. Manually capturing, extracting, and processing data within documents is a costly and outdated practice that’s holding your company back. IDP takes document processing to a whole new level so you can understand and use your data more effectively than ever before.

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Open innovation for social change?—?OECD’s global challenge

Be-novative

Open innovation for social change?—?OECD’s global challenge Open innovation is combining internal and external ideas to advance technology, product development, and so much more?—?including social good. Why crowdsource for social change? In today’s digital age, the Internet connects the world like never before. Utilizing this virtual environment to involve an unlimited audience brings an array of possibilities to tackle important challenges.

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How to Come Up with Disruptive Ideas Using ‘Random Words’? [Including Video]

Be-novative

We only need to be creative and come up with original, new ideas 2% of the times on an average day, yet disruptive solutions are the key to any successful business in the 21stcentury. We need breakthrough solutions for building a killer product and for growing it with an exceptional customer experience that will be memorable. It is the responsibility of everyone in a company to contribute with their ideas, validating them and implementing the best ones as one common team to achieve this breakthr