Tue.Nov 02, 2021

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Confirmation bias: Looking for information to prove you are right

Idea to Value

When it comes to doing research and validating your innovations, be careful that you aren’t unconsciously suffering from confirmation bias. Confirmation bias is a bias that most of us suffer from, and is the tendency for you to search for, interpret, favour, and recall information in a way that confirms or supports your prior beliefs or values.

Data 229
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What Are the Steps to Creating a Lasting Innovation Strategy?

IdeaScale

Innovation strategy needs to be aligned with business strategy, explaining how innovation creates value for customers, captures that value, and what kind of innovation the company must pursue. The strategy will need to cut across departments and be built to evolve over time. Step 1: What’s Your Business Strategy? Innovation is rooted in what your organization does, so any innovation strategy starts with what your business is hoping to achieve.

Strategy 130
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5 metrics for social impact measurement

Board of Innovation

Your organization has started a new social project, and new beginnings are always exciting. But.what’s next? How do you track your projects' progress and the impact sought? Here are 5 key metrics to kick off your social impact measurement strategy. The post 5 metrics for social impact measurement appeared first on Board of Innovation.

Project 122
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Six Sigma FAQ: Which Tools are Commonly Used for DMAIC?

Kainexus

The Six Sigma business methodology aims to eliminate waste and defects. It also aims to reduce variation in business processes. Efforts to improve are considered Six Sigma projects and are often made using a systematic model known as DMAIC. DMAIC stands for Define - Measure - Analyze - Improve - Control. As with any other improvement effort, the ultimate goal of the DMAIC method is to improve customer satisfaction.

Tools 95
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Turn Payments Into Personalization: Unlock the Value of Transaction Data

Speaker: Loreal Lynch, Everett Zufelt, and Michaela Weber

Once upon a time, in the vast realm of online commerce, there lived a humble checkout button overlooked by many. Yet, within its humble click lay the power to transform a mere visitor into a loyal customer. 🧐 💡 Getting checkout right can mark the difference between a successful sale and an abandoned cart, yet many businesses fail to make payments a part of their commerce strategy even when it has a direct impact on revenue.

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Why You Should Conduct a Quick Patentability Search on Your Own Before Turning to the Experts

Entrepreneur - Innovation

It's critical to do your own research before you take the next steps.

Strategy 100
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Trends & Technologies Shaping The Future Of The Retail Industry

ITONICS

Retail is an industry accustomed to reinvention. Modern history has seen the evolution of retail from independent specialty shops to one-stop-shopping in department stores, malls, and big-box chain stores. In the pursuit of sourcing cheaper and raising margins, supply chains have gone from local to global while the dot-com boom of the 90s signaled the birth of e-commerce as we know it with the founding of Amazon and eBay.

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Join Us for a Complementary Event

Innovators Alliance

Join us for a complementary event: * Artificial Intelligence: Practical Guidance For SMEs *. This digital event is being held on November 18 th , 2021. The event is being hosted by Innovators Alliance, and our presenter is Mario Malouin PHD, Visiting Professor at Université du Québec en Outaouais, Chairperson Innovators Alliance (Ottawa Chapter) and advisor to CEOs of high impact firms.

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Searching for Leaders with Social Skills: Does Supply Meet Demand?

Michael Roberto

Source: NPR Raffaella Sadun, Joseph Fuller, Stephen Hansen, and Tejas Ramdas have conducted a comprehensive study regarding executive searches and the skills sought after by companies when hiring to the C-suite. The scholars examined more than 4,600 searches for top executives between 2000 and 2017. The study stretched across many industries and countries.

Meeting 49