Wed.Jul 04, 2018

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5 Things Managers Should Know About Innovation (But Most Don’t)

Digital Tonto

There is no one "true" path to innovation, but there are basic principles that we can apply Related posts: An Innovation Roadmap. Why Best Practices Can Lead To Better Innovation. A New Breed Of. [[ This is a content summary only. Visit my website for full links, other content, and more! ]].

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Situational Awareness (Winter is Coming)

Mike Shipulski

Business and life are all about choosing how you want to allocate your time and money. In life, it’s your personal time and money and in business it’s the company’s. If you’ve ever done any winter hiking, you know that it’s important to know the terrain. If there’s a mountain in the way, you either go over it or around it. But there one thing you can’t do is pretend it’s not there.

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An Educator's Guide To Implementing Design Thinking | Collective Campus

Collectivecamp

Design thinking is a mindset that empowers children with the ability to think creatively.

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Here’s Why Even Highly Successful Companies Find It Hard To Innovate In New Markets

Innovation Excellence

In 1892, George Eastman formed the Eastman Kodak Company to “make the camera as convenient as a pencil.” It was an idea whose time had come and by the early 20th century, Kodak emerged as one of America’s largest companies and Eastman one of its most successful entrepreneurs. It wasn’t just that one idea that.

Company 48
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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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A Success Story in Teaching Children Entrepreneurship | Collective Campus

Collectivecamp

Our recent Lemonade Stand program Lemonade Stand brought kids together to develop their entrepreneurial mindset and capabilities.

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Embody the Alternatives

100%Open

One of the most important principles of design and innovation methods that we’ve learned and apply frequently in our work is to prototype different versions of a new idea. This consists of repeated and iterative tests which allow you to learn quickly what works and what doesn’t, to make them better and stronger, or to go back to the drawing board. Here is a great video of prototyping in action, from the 2016 film the Founder showing prototyping in action of the first McDonalds restaurant –

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My New Book Now On Amazon

Idea Champions

I am thrilled to announce that my new book, Storytelling for the Revolution , is now available on Amazon. If you are a fan of storytelling, insight, wisdom, love, choice, humor, learning, breathing, the human condition, or this blog, there is a good chance you will enjoy my book. Right now, only the paperback version is available. In a few days, the Kindle version will also be available.

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How to Innovate in Government | Collective Campus

Collectivecamp

A combination of values, processes, systems and resource allocation procedures prevent Government from adopting the behaviours and mindsets required to effectively support innovation.

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Four Innovation Lessons We Can Learn from Standard Bank

IdeaScale

Innovation starts in the clouds and comes to Earth. Innovation is particularly important for industries that seemingly move slowly, and that’s particularly true of banking. South Africa’s Standard Bank, which has branches across Africa and is expanding to other markets across the world, is an excellent demonstration of why. Innovation drives everything Standard does, and their particular achievement drew on their internal expertise to reduce the downtimes of their ATMs.

Learning 100
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Rise of the Corporate Innovation Outpost | Collective Campus

Collectivecamp

We’ve come a long way from the humble suggestion box and top down decision making long synonymous with corporate innovation. Today, more and more companies are sourcing ideas from not only the entire workforce but also getting outside their building and engaging partners, customers and members of the general public.

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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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The Problem with Corporate Innovation Programs | Collective Campus

Collectivecamp

Corporate innovation programs are growing in popularity as more and more industry incumbents come face to face with the realities posed by disruptive innovators. However this means a new set of problems arising. In this article, we cover examples of innovative solutions to these problems.

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4 Week Startup - How We Did It | Collective Campus

Collectivecamp

Collective Campus recently held its first Lean Startup Short Course. The course, held for 20 hours over four weeks, brought together seven budding entrepreneurs and exposed them to the world of build, measure and learn.

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How To Get Management Buy In For Corporate Innovation | Collective Campus

Collectivecamp

Exploring disruptive innovation is anything but procedure, certainty, safety and achieving quarterly KPIs. Your ability to gain management buy in has numerous advantages. In this article we cover the examples, process, opportunities and how to gain funding.

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The Future Of K-12 Education in Australia | Collective Campus

Collectivecamp

Collective Campus had the pleasure of hosting a panel talk recently with Stile Education on the future of K-12 education entitled ‘Getting Students Future Ready’.

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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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$60M LaunchVic Fund Announced | Collective Campus

Collectivecamp

We were lucky enough at Collective Campus to host Minister Dalidakis as he visited several of Melbourne’s hotbeds of innovation and entrepreneurship.

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5 Reasons Why Companies Should Outsource Prototyping | Collective Campus

Collectivecamp

Could a company outsource prototyping for a new idea completely and let a third-party organisation do all the testing and market validation?

Company 40
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Rick Rubin on Creativity and Innovation Blockers | Collective Campus

Collectivecamp

So many things get in the way of the artistic process, whether writing music, painting or creating new products and business models.

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Can Large Companies Disrupt The Start-Up Ecosystem? | Collective Campus

Collectivecamp

Disruption is something we often associate with start-ups these days. But… what happens when corporates learn to innovate?

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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 Innovate in a Regulated Industry (Pt. 2) | Collective Campus

Collectivecamp

The risk of taking few large safe bets in today’s environment far outweighs that of taking many small risky bets.

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3 Reasons Data is Better Than Creativity for Your Marketing | Collective Campus

Collectivecamp

Here are 3 reasons why investing your budget into data and advertisements is better for your business.

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Case Study: How General Electric Saved 80% in Development Costs | Collective Campus

Collectivecamp

General Electric, with $493B in assets and 200,000 employees is applying lean startup.