Wed.Apr 21, 2021

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How big is your reject pile?

Idea to Value

People are so obsessed with getting the “right” ideas. Instead, it is often much more effective to just have LOTS of ideas. This makes the likelihood that at least some of those ideas will be of high quality significantly more likely. A great example of this is professional artist Drew Dernavich, known for his numerous New Yorker cartoons, who shared a picture on instagram of his “Reject Pile”: View this post on Instagram.

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Should Your Research Include Surveys or a Crowdsourcing Component? Check Out Our Infographic!

IdeaScale

Innovation requires both ideas and data. Our infographic explores when you should collect data with surveys versus developing ideas with crowdsourcing. You’ll need to consider your needs for communication, types of data, and what resources and value you might find with both techniques. Surveys: Pros And Cons. Surveys offer more specific feedback: This is a positive in that surveys can be more focused and provide more detailed data on a topic, as you only choose the questions you need answe

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Lessons for Leaders from the Movie – “The Fundamentals of Caring”

Rmukesh Gupta

Premise: This past weekend, I ended up doing what I really love doing – watch movies. One of the movies that I watched was the 2016 movie “ The Fundamentals of Caring ” featuring the unassuming Paul Rudd. The movie was based on a book. As the movie title says, the movie is about someone who takes on the job of a care giver to a young man (played by Craig Roberts ).

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How to Create a Culture of Innovation During Covid

Innovators Alliance

Company culture is not a ‘one size fits all’ attribute. In fact, a company’s culture is as uniquely tied to it as a human is to their personality. It is cultivated slowly, tied to unique goals, and is built with the contributions of others. Company culture is something that accumulates regardless of whether its growth is guided or not – although, it’s always better if it’s driven to be a positive, productive, and progressive attribute of a business.

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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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Smart Product and IoT Manufacturing Require New Realization Processes, Best Practices

Sopheon

Given the separate development tracks of physical goods, software, and hardware, smart products require even smarter processes. The post Smart Product and IoT Manufacturing Require New Realization Processes, Best Practices appeared first on Sopheon.

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Transformation is the Only Way to Really Change the Game 

Daniel Burrus

Steve Jobs of Apple once stated, “The people who are crazy enough to think they can change the world are the ones who do.” This mantra has resonated with hundreds of entrepreneurs and business leaders over the past decade since Jobs passed on. What is interesting is how many individuals hear the call to action about changing the world and confuse it with what it means to transform the world.

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Three Steps to Applying the A3 Problem-Solving Methodology

Kainexus

The A3 problem-solving methodology was first used by Toyota in the 1960s and later embraced by proponents of Total Quality Management, Six Sigma, Lean, and other systematic approaches to continuous improvement. "A3" references a European paper size that is about the same size as an American 11-inch by 17-inch tabloid-sized paper. Using the A3 process, teams create a one-page improvement project report.

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How Aerospace Giant Embraer Approaches Spin Outs

Innovation Leader

Only 23 miles separate Hollywood from LAX. During rush hour, this distance can take over one hour to traverse. However, EVE Urban Air Mobility imagines a future with air taxis that can make the trip in minutes.

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What Does a Healthy Innovation Portfolio Look Like?

eZassi

The concept of an innovation portfolio is still new to some organizations; however, it’s been a topic of conversation among innovation professionals for years. In 2014 Harvard Business Review (HBR) published the article, Managing Your Innovation Portfolio. They found on average high-performing organizations focus 70% of their innovation resources on core or incremental offerings, 20% on adjacent offerings, and 10% on transformational initiatives.

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Five Signs Your Business Is Going Under

The Human Factor

You may have heard about red flags to look out for in your personal life, but have you ever considered the red flags to look for in your business? You want your business to be as profitable and successful as possible, but if you don’t look out for the warning signs that your business could be failing, how are you going to keep on top of it? If you are in any kind of doubt about the financial future of your business, you’d be wise to call upon the help of companies like Strategic Cons

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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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Entering the Movie Theater of Your Own, Unique Creative Process

Idea Champions

The creative process is a most mysterious one -- the inner journey a person takes to transform an impulse, idea, or inspiration into a manifested form that other people can enjoy. For most of us, the creative process begins with the undeniable recognition that we are being called to express something -- to give shape to the invisible. Usually, the beginning of this process is quite intoxicating.

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How To Keep Yourself Busy On Your Work Breaks

The Human Factor

source. Whether you are working from home or in the workplace using your breaks effectively to relax the mind can be hard to do. It can be easy to waste your breaks scrolling down social media or staring into space. With this guide we will show you some ideas to ensure that you use your breaks to make them more interesting and fun. Watching your favourite show or series.

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Creativity & The Power of Persistence

Michael Roberto

Source: Thrive Global Does our creativity diminish over time? Most people think so. They believe that that we are likely to generate our most creative and innovative ideas during the early stages of brainstorming. Unfortunately, people are being misled because they think that those ideas that are harder to generate (i.e., that take some time to surface) are less innovative.

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Future Trends 2021: Purpose & Co-creation

Be-novative

Purpose answers an all-important question, “ Why does a company exist? ”?—?and the answer can serve as the beacon for all organizational decision-making in 2021 paired with collaboration in an online world. Connecting people virtually to co-create in a purpose-driven way accelerates positive business outcomes and unites people in finding meaning in transformative change, that is why Purpose & Co-creation projects are trending in 2021.

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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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The 5 Jobs to Address Uncertainty

Moves the Needle

The increased complexity and endless disruptions of the modern world brought on by the transition to the digital age means uncertainty is everywhere. All across our businesses, we face new challenges, as what used to work no longer achieves desired outcomes. The self-awareness of admitting what we don’t know is the first step toward figuring out new best practices.

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