Wed.May 09, 2018

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Is Your Company Prepared for GDPR? What You Need to Know

HYPE Innovation

It's May! If you're like us, you're probably wondering how the past four months flew by so quickly. If that's the case, then you may also be surprised to learn about a major deadline happening at the end of the month: GDPR compliance. Hopefully, you're already aware of this and have dotted your "i"s and crossed your "t"s. But for those who might be hearing this acronym for the first time, we're here to help.

Company 100
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Innovation “Gurus” Love To Talk About These 4 Myths — None Of Them Are True

Digital Tonto

What worked for Steve Jobs or Elon Musk Might not work for you Related posts: 4 Myths About Innovation That “Gurus” Love To Tell. There Is No One True Path To Innovation. Innovation Is The Only True. [[ This is a content summary only. Visit my website for full links, other content, and more! ]].

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The innovation skills you need

Jeffrey Phillips

When a noted doyen of the Fortune 500 like Coca Cola talks innovation, your ears should perk up. After all the consumer packaged goods conglomerate has been in business for a long time, and has been successful, but is facing a number of headwinds in its core business. Selling sugary drinks seems passe, as bottled water, energy drinks and other health conscious foods and beverages seem to be taking over the "share of mouth" or "share of stomach" that food and beverage companies like to talk about

Agile 125
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A Collaborative Product Development Stage Gate

IdeaScale

You might be surprised to learn that silica sand is used in a wide variety of industries: everything from the oil & gas vertical to products in sports & recreation. It’s amazing that sand can be used for arts and crafts or even water filtration. So a company that provides silica and sand based products actually has a wide range of innovation opportunities as they build out their product portfolio.

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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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Design Thinking or Design Theatre?

Dawid

There is an element of Design Thinking that is simply cool. Our users, who are frustrated with something get to participate in an immersive experience where they are in control of shaping their future solution. It’s a playful, fun and rewarding experience for the participants. However, how much did they contribute that fieldwork could’ve told you? Did you truly look to find the overlap of Feasibility, Viability & Desirability?

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Artificial Intelligence: A Question of Data

Daniel Burrus

Business people, not to mention the public on a global basis, are getting increasingly excited, as well as concerned, about the potential of artificial intelligence (A.I.)—so much so that China’s growing involvement in A.I., and the vast quantity of data that China is capable of generating on a daily basis, has many wondering if the U.S. will be a leader or follower in this important technology category as the future unfolds.

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The Future of Database Technology

InnovationManagement

Disruptive database technologies have mandated retailers to innovate to keep up with market trends and competition. While this may seem costly, it's the only way businesses can stay relevant. Project managers are expecting a higher return and lower costs on technology projects.

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The Assumptions Juice Press – A tool to identify your most critical assumptions

The BMI Lab Blog

How to identify your assumptions? Over the past 5 years, the BMI Lab has supported many large companies in innovation workshops, BMI sprints and advisory projects. A vital step after discovering a new business opportunity and creating a business model concept, is to identify the most critical assumptions of the concept. The reason behind this is, that before you have established a clear understanding of your underlying assumptions, the testing and prototyping phase of an idea becomes redundant.

Tools 40
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Design Thinking or Design Theatre?

Dawid

There is an element of Design Thinking that is simply cool. Our users, who are frustrated with something get to participate in an immersive experience where they are in control of shaping their future solution. It’s a playful, fun and rewarding experience for the participants. However, how much did they contribute that fieldwork could’ve told you? Did you truly look to find the overlap of Feasibility, Viability & Desirability?

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Now That You Have a Concept, Should You Make or Stake?

Peer Insight

Many of the clients we work with face an all-too-familiar scenario: they’ve created a robust process for generating a number of high-potential opportunities to drive growth, yet the path to build those high-potential opportunities isn’t well paved. In fact, it has some deep potholes that remind teams of past projects that sunk too many valuable resources into them before ultimately failing.

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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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Ancient Wisdom for Modern Life – Qualities of a Good Leader

Rmukesh Gupta

Of late, I have been reading some of the old Indian texts written by sages and wise men. One such work is a section within the larger epic poem “Mahabharata” called Vidur Puran. This section is a conversation between a distressed king and one of his wise ministers. The king knows that the action he is willing to take is probably not the right action but wants to hear that it is ok from the wise minister.

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Hack: Build an innovation library

Board of Innovation

Read More. The post Hack: Build an innovation library appeared first on Board of Innovation.

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#1,310 – Google Duplex

Greatest. Idea. Ever.

The Do Not Call registry may have eliminated some of the annoyance of having to deal with unwanted phone calls but there’s still a modern inconvenience that we have to deal with: Robo calls. Those automated messages that you receive upon answering your phone, even when doing so from trusted sources that you do want to hear from. As Wired puts it, “When a robot rings your phone, you can usually tell right away.

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An Alternative to Launching Yet Another Innovation Initiative

Idea Champions

Many organizations committed to raising the bar for innovation, end up launching some kind of internally branded "innovation initiative". Logically speaking, this makes sense, but logic is not the most powerful driver of innovation. Most employees cringe at the thought of yet another "initiative" being foisted on them. So. instead of launching an initiative, help people take initiative by becoming more committed to fostering innovation in every conversation they have on the job -- something you

Video 22
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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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#1,311 – How To Fix the MLB MVP Award

Greatest. Idea. Ever.

Last night I was watching the Yankees-Red Sox game while the announcers were discussing the possibility of Red Sox outfielder Mookie Bettes as an MVP candidate. Considering that he leads the league in homeruns and plays gold glove caliber defense on a contending team he certainly has a strong case. Even if he does have to contend with the indelible greatness of Angles all-world centerfielder Mike Trout, who is having arguably his best season to date.

How To 28
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Better Governance: Redesigning Board Meetings at Netflix

Michael Roberto

David Larcker and Brian Tayan have written an article about Netflix redesigned management's relationship with the Board of Directors , while also rethinking how board meetings should be conducted. They describe how Netflix built a more transparent relationship with the board, while helping the directors gain a better understanding of the business and the management team.

Meeting 22
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#1,309 – Kilopower

Greatest. Idea. Ever.

Conspiracy theorist often ask: if the moon landing wasn’t faked and we really did land on the moon then why haven’t we gone back? If it was so easy to get to, surely we would have gone back by now, if for no other reason than to say that we can. Right?! And yet…. The obvious answer is that NASA decided to focus its limited resources elsewhere. Such as going to Mars instead.

Report 28
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Innovation Management Canvas

Open Innovation EU

As part of a simulation game on innovation management we have been running at universities and in corporate training programs for over 4 years now, we have developed an integrative model for dealing with innovation management on a daily basis. Innovation Management is a strategic activity that isn’t necessarily needed to implement throughly for every company.

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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