Thu.Oct 10, 2019

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Recipe for innovation lab success, valid across the firm?

Innovation 360 Group

It turns out many of the findings are possible to adopt for innovation efforts across your company. In a recent article in HBR, Simone Bhan Ahuja summarizes his experiences with corporate innovation labs: [link]. First a short TLDR of Simones article: Up to 90% of innovation labs fail to deliver on their promise ( up to 90%, one expert says ). Pitfalls for innovation labs according to Simone: Lack of alignment with the business.

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How can I reward employees for ideas?

Idea Drop

If you want your business to become a thriving and open environment where each and every member of your team feels confident enough to contribute, you need to reward employees for ideas. Truly innovative businesses know that this goes further than offering a literal, financial reward or bonus for “successful” ideas (although there is a […]. The post How can I reward employees for ideas?

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Effective Digital Managers Build Ecosystems for Innovation

IdeaScale

The digital workplace is increasingly faster-paced, with a speed-to-market mindset that doesn’t allow a leisurely pace or ignorance of digital advances. Speed-to-market is a primary driver for innovation.?. Harvard Business School Professor Linda A. Hill talked to the Harvard Business School publication Working Knowledge about embracing the digital transformation and creating an innovation management strategy based on “ecosystems” of innovation.

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Four Ways to Run Projects

Innovation Excellence

There are four ways to run projects. One – 80% Right, 100% Done, 100% On Time, 100% On Budget Fix time Fix resources Flex scope and certainty Set a tight timeline and use the people and budget you have. You’ll be done on time, but you must accept a reduced scope (fewer bells and whistles).

Project 71
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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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8 Emerging Business Intelligence Trends To Look For In 2020 And Beyond

Acuvate

Over the last decade, the business intelligence world has transformed in several ways. Data exploded and was recognized as the new oil. Organizations understood the value of data and shifted from simple spreadsheets to interactive BI dashboards and visualizations. We also witnessed several challenges including transforming data into actionable insights, ensuring data quality, being compliant with emerging regulations like GDPR and shortage of talent.

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The 20 Mistakes New Corporate Innovators Make

Innovation Leader

Being tapped to lead innovation inside a big, established organization is a tough assignment. Here are the 20 most common mistakes that we see new corporate innovators make.

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The Winning Formula for Financial Process Improvement – How TSYS is Defining the Future of Fintech

Qmarkets

There has never been a more critical time for financial firms to prioritize innovation. Rapidly changing customer behaviours, disruptive digital technologies, and the emergence of agile fintech start-ups means that disruption is an ever-present danger. To counter these challenges, companies are increasingly focused on creating a culture of innovation to achieve financial process improvement.

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Remotely Engaged

Tembosocial

It used to be that you had to be global to be disconnected. But the changing nature of how work gets done - remote work, desk-less workers, satellite offices, etc - has fundamentally changed what this means for employee experience.

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#1,569 – DeepCom

Greatest. Idea. Ever.

A few months ago I wrote about my desire to have Artificial Intelligence share, like, and comment on social media postings. My rationale was simple. Since we’re all busy being content creators – blogging, tweeting, creating YouTube and TikTok videos, snapchatting, posting pictures on Instagram, etc. there’s no one left to consume all that content.

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How Revolut delivers a great customer experience – Business Models Unpacked

Board of Innovation

Looking for business ideas you can copy? Here are 8 ways Revolut’s making banking seamless for customers with their UX-optimized, digital-only services. No, this post isn’t sponsored. The post How Revolut delivers a great customer experience – Business Models Unpacked appeared first on Board of Innovation.

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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.