Tue.Dec 14, 2021

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How Nordstrom Is Using Innovation to Drive Better Results

IdeaScale

Overview: Nordstrom, already facing headwinds due to changes in retail, has been using the data it aggregates to create more specific and meaningful private brands, bring in new labels for pop-ups, and other approaches that keep the 120-year-old department store relevant. A Difficult Road, And Then A Pandemic. The brick-and-mortar retail industry has faced difficulty over the last decade, thanks to a mixture of eCommerce and changing market tastes.

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Why Patients Deserve Cannabis-Educated Healthcare Professionals

Business and Tech

Cannabis consumption has become mainstream. Now is the time for clinicians to be educated on the endocannabinoid system and the therapeutic use of cannabis. Meredith Fisher-Corn, M.D. Editor-in-Chief, TheAnswerPage.com. Nearly 35 million U.S. adults consume cannabis on a regular basis, according to a 2017 survey , and the population of recreational cannabis consumers has skyrocketed since then, as more and more states have enacted adult-use cannabis legislation. .

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Shoshin: The Beginner’s Mind

Idea to Value

There is a concept in Zen Buddhism known as shoshin, which means “beginner’s mind.”. Shoshin refers to the idea of letting go of your preconceptions and having an attitude of openness when studying a subject. When you are a true beginner, your mind is empty and open. You’re willing to learn and consider all pieces of information, like a child discovering something for the first time.

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What You Need to Know About Growing Your Own Cannabis

Business and Tech

In more and more states, it’s becoming legal to not only use marijuana both medically and recreationally, but to grow your own as well. The changing laws mean more people are growing cannabis than ever before, but what does it take to create a successful home grow? “If you don’t create the right environment, you are destined to fail down the road,” said Jeremy Corrao, vice president of GrowGen Management Corp. for GrowGeneration, a leading supplier of products, services, and solutions for commer

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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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Product Refactoring is a Critical New Product Development Strategy

Sopheon

Kill a product or send an inferior product to market? Consider a third option: product refactoring. The post Product Refactoring is a Critical New Product Development Strategy appeared first on Sopheon.

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Why It’s Time to End Cannabis-Related Incarceration

Business and Tech

The “Green Rush” has left tens of thousands still behind bars. It’s time to release our country’s cannabis prisoners, clear their records, and help them rebuild their lives. Sarah Gersten Executive Director and General Counsel, Last Prisoner Project. The United States is at a crossroads when it comes to cannabis. Legalization is fast becoming the law of the land , and there’s a lot of money being made in the sector.

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What the Cannabis Business Needs in Order to Thrive

Business and Tech

Our panel of experts discusses the political, technological, social, and educational resources the cannabis industry needs to succeed. Juanjo Feijoo COO and CMO, Weedmaps. What kind of technology should cannabis businesses be prioritizing today? The two main challenges for cannabis businesses today are compliance and efficiency. Finding technology solutions that allow dispensary owners to focus on running their businesses effectively is key to succeeding as competition heats up in the industry.

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Leading the creation of an Innovation Ecosystem, the first 18 months

Strategyzer Innovation

Invincible Leader of the Month: Sergey Zverev. It’s February 2020 and Sergey Sverev is asked to lead the launch of the Emerging Markets Innovation Access Studio (EMIAS), MSD’s new innovation arm. Designing an innovation ecosystem from scratch is a daunting task under normal circumstances. In Sergey’s case it’s even more complicated than usual. COVID 19 is coming into full swing and everyone is working from home.

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How Martha Stewart CBD Is Unleashing the Power of CBD

Business and Tech

Previously used for years amongst alternative healthcare professionals, CBD has gone mainstream. Also known as “cannabidiol,” an active chemical compound found in hemp, CBD has rapidly grown in use and popularity. In a Consumer Reports survey of over 4,000 Americans, over 25 percent say they’ve tried CBD for mental and physical reasons, and of those who’ve tried it, 1 in 7 say they use it every day.

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You Must Play and Experiment to Create and Innovate

Innovation Excellence

GUEST POST from Janet Sernack Growing up in the fashion industry, in 1980’s Paris, I forged an exciting global career and experienced, first hand, a diverse range of the most amazingly innovative fashion presentations ever.

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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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Creating a Fair and Equitable Cannabis Industry

Business and Tech

As the end of prohibition approaches, the cannabis industry must work together to make ours an industry to be emulated by others, and ensure U.S. cannabis policy is built upon the foundations of fairness, inclusivity, sustainability, and opportunity for businesses of all sizes. Morgan Fox Media Relations Director, NCIA (National Cannabis Industry Association).

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Fundamentals of Metered Funding & Stage Gates for Innovation

IM Insights

About the Episode. Elijah Eilert speaks to Tristan Kromer about the fundamentals of a VC-like funding approach for corporate innovation that releases resources over time in exchange for specific evidence. Funding a startup or corporate venture from idea to scale is becoming increasingly outdated. Applying traditional stage-gate funding models for innovation projects come with a set of issues on their own.

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DALI’S TECHNIQUE

Michael Michalko

Salvador Dali’s Creative Thinking Technique. 10 Share. Synopsis. How to conjure up dreamlike imagery from your subconscious. In the history of art, most people could easily argue that Salvador Dalí is the father of surrealistic art. Surrealism is the art of writing or painting unreal or unpredictable works of art using the images or words from an imaginary world.

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Why It’s Time to Repeal Local Bans on Licensed Cannabis Sales

Business and Tech

The majority of Californians in 2016 cast votes to displace the illicit cannabis market with a taxed and regulated marketplace; one that would be controlled by licensed businesses, not by criminal entrepreneurs. . Paul Armentano Deputy Director, NORML (the National Organization for the Reform of Marijuana Laws). Five years later, the voters’ desire has yet to become a reality.

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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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How to Innovate

Carla Johnson

December 14, 2021 In 1999, Carey Smith started a company called the HVLS Fan Co. This name (an acronym for High Volume Low Speed) described the types of fans his company sold: massively big ones that move a huge amount of air but at very low speeds. They’re the kinds you see hanging from ceilings in places that aren’t practical. Read More. The post How to Innovate appeared first on Carla Johnson.

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Why More Seniors Are Using Cannabis

Business and Tech

Paul Armentano is the deputy director of NORML (the National Organization for the Reform of Marijuana Laws) and co-wrote the book “Marijuana Is Safer: So Why Are We Driving People to Drink?” He talked about the rise of senior cannabis use and what this means for health outcomes, politics, and more. Paul Armentano Deputy director of NORML (the National Organization for the Reform of Marijuana Laws).

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The Most Important Part for Every Innovation Funnel

IM Insights

By Elijah Eilert. What do gold mining and breakthrough product innovation have in common? . The odds of success are low. Only 1 gold mine comes to fruition from 10,000 potential prospects. . Obviously, mining companies do not put all their dollars into one location and hope for the best. Miners are managing a multitude of prospects at once, the more prospects that can be tested, the higher the chances of successfully turning one into a commercially viable mining operation.