Wed.Jun 16, 2021

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Finding the best innovators

Jeffrey Phillips

I'm writing a series of blogs based on questions that I regularly receive about innovation. In my last post, I wrote about the staffing plan necessary to sustain growth and innovation , basing it in part on the Pareto rule. That is, 80% or more of your staff should be focused on the "core" business, keeping it humming and generating funds to pay for the other 20%, which should be focused on the next and the new.

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How to set a strategy using the cascade of choices framework

Idea to Value

Most companies think they have a clear strategy. However, what they think is a strategy is usually nothing more than a set of goals. A real strategy requires clarity on not only what you want to achieve, but how you will choose to focus on achieving this, as well as what you choose not to do as well. Having worked for many years at one of the world’s top strategy consulting firms, we often encountered leadership teams who were not clear on which choices they needed to make to achieve their

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How Innovative Is Your Organization? Take This Brief Assessment to Find Out!

IdeaScale

Are you among the most highly innovative organizations? Staying on top is about more than just beating the competition. It is about continuously moving forward while you shape the future. Innovation drives economic growth. The most innovative companies understand the importance of developing solutions that solve critical problems. In 2021, approximately $600 billion will go toward research and development in the U.S. alone.

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This Pet-Care Company Did for Litter Boxes What Steve Jobs Did for Cell Phones. Now, It's on a Mission to Become the Apple of Its Industry.

Entrepreneur - Innovation

Jacob Zuppke, president and COO of the company behind the highest rated self-cleaning litter box on the market, discusses the Litter-Robot's massive success and the brand's upcoming relaunch.

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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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How Supply Chain Managers are Innovating to Combat Strategic Risk

Cascade Strategy

When the global supply chains are disrupted, organizational operations suffer. Supply chain risk management is imperative to ensure competitiveness.

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Who Are the Creators Among Us?

InnovationManagement

For a long time, the prevailing theory was that the creators, ideators, or innovators among us were a special type of person that had an innate gift for inspiration. The idea that creativity could be taught was much debated, but it is also one of the most commonly debunked myths in the innovation space. . The post Who Are the Creators Among Us? appeared first on InnovationManagement.

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Product Innovation – What is it and how to do it right

Viima

People talk about product innovation every day without even realizing it. Whether they refer to their smartwatch and its latest features, the top performing cars or the latest app that helps them unwind, they bring up product innovation. But what makes these products innovative – and why are 95 of new products failing ? How are some companies succeeding at bringing these innovations to the market and why others fail?

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The Next Normal? Rethinking Back Office Operations

Innovation 360 Group

Our guests Tom Frosina, Head of Card Operations at TD Bank and Santosh Joy, EVP & Head of Operations at ActiveOps. The post The Next Normal? Rethinking Back Office Operations appeared first on Innovation360.

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Future Trends 2021: People Experience and Challenge-based Learning

Be-novative

8+1 Best practices and tips on how to go beyond the engagement of people? [link] ? From 2021, organizations have an obligation to not just engage (virtually), but empower people every day. In 2020, the world changed. The boundaries between work and life were suddenly removed, health and safety became a critical concern, and cultural turbulence was everywhere.

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How Do You Announce a Job Posting?

ExactHire - Innovation

Everybody likes something new and shiny. Babies, Tesla’s newest innovation , or the latest iPhone. New gets all the buzz. Job seekers, too, have a predilection for the latest and greatest. A new job posting looks more appealing than one that’s been languishing on online job boards. For all these reasons, your job posting has more traction during its first few days of life.

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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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How to find meaning and Purpose when it was not given to a self-organizing team?

Be-novative

Best practices from our Be-novative Partner Hub Experimenting with a new way of working together is always a challenging road to embark on, especially when the expectations are not fully clear and the success criteria are not clarified: even the most advanced ways of working together can fail like this. In the Organisation Design profession, we call this the principle of form follows function.

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