Wed.Nov 23, 2022

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8 Misconceptions about Minimum Viable Products

IdeaScale

One thing consistently successful innovation programs do, is test their concept during the development process. Whether physical or intangible, it’s rare that a final product is precisely what you initially envisioned. During the development process, your product is likely to evolve. While the end objectives remain the same, they may be expanded or revised.

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Effective Facilitation for All

Innovation Excellence

How Leadership Fundamentals Benefit Everyone GUEST POST from Douglas Ferguson Effective facilitation isn’t limited to the inner workings of staff meetings. True facilitation goes beyond simply setting an agenda: it’s a mindset, framework, and way of being. Excellent facilitators know how to get the best out of their teams and design conversations that are innovative, […].

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What Founders Need to Know Before Selling Their Startup

Harvard Business Review

You might be surprised at what your acquirer will agree to — if you just ask.

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The Hershey Company wins Outstanding Corporate Innovator Award

Sopheon

Last week, Sopheon took part in the Inspire Innovation Conference in Orlando, hosted by PDMA — Product Development & Management Association — a global association of innovation management professionals. It was an insightful four days packed with exploring all the best strategies for improving new product innovations.

Company 52
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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 Myth of the Brilliant, Charismatic Leader

Harvard Business Review

Research shows that good management is more profitable than a cult of personality.

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Porter's Five Forces (2022): The Definitive Overview (+ Examples)

Cascade Strategy

Every business strives to prevent its competitors from stealing its profits. With today's fierce competition in almost every industry, it's not a question of if, but it’s a matter of how. Before you make any strategic decisions, you need to take a step back, analyze and answer these questions: What forces beyond direct competitors shape your industry?

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Inspiration From the Crowd [CASE STUDY]

Flying Fish Lab

Crowdsourcing is an excellent way to get inspiration to solve your challenge or sometimes even generate potential solutions. It’s often used to inspire New Product innovation. THE CHALLENGE: Develop a new tissue-based product that will stand out amidst a highly commoditized environment. WHAT THE CROWD INSPIRED US WITH: Applications as diverse as gym products, products that offered high water retention properties, or simply an idea that offers essential hygiene in times of germ-phobia.

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4 Techniques for Developing Strategy Insights

Harvard Business Review

You can engineer those “aha!” moments.

Strategy 103
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From Strategy To Elevator Pitch

Cascade Strategy

Lesley Hawkins , VP of Retail at Adidas, joined us for World Strategy Day 2022. In her session, “From Strategy To Elevator Pitch,” where she talked about a subject that has taken her about 30 years to refine: how to build a strategy that can be easily explained in a 30-second elevator ride.

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The characteristics of data-driven business model development and how to succeed

The BMI Lab Blog

The experience of recent years shows that companies often overestimate the value of their own data and their own ability to generate revenue from it. In practice, very few companies can establish a sustainable business model based on data. In our recently published book chapter Besonderheiten datenbasierter Geschäftsmodellentwicklung in the book Datenwirtschaft und Datentechnologie - wie aus Daten Wert entsteht (Springer, 2022) , we go into more detail on this topic.

Data 52
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From Data to Decisions: Maximizing Retail Potential with 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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Strategic Agility: A Careful Balance Between Stability And Flexibility

Cascade Strategy

Grimt Habtemariam , Director of Global Routes to Market Acceleration at Cisco joined us for World Strategy Day 2022. In her session, “Strategic Agility: a careful balance between stability and flexibility,” she shared the most important lessons learned across her 15+ year career in the high-tech, startup, and consulting industries in how to create, incubate, scale, and execute sustainable growth strategies.

Agile 52
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Ancestry CEO Deb Liu Says Women Need to Reframe Their Relationship to Power

Harvard Business Review

While overt discrimination against women may be on the decline, unconscious bias can be just as limiting.

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Organizational Biases: How To Avoid Working In Silos?

Cascade Strategy

Gaurav Goal , VP of Global Strategy at PepsiCo, joined us for World Strategy Day 2022 to talk about: “Organizational Biases: How To Avoid Working In Silos?”.

How To 52
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Why Your FP&A Team Needs a Single Planning Platform - SPONSOR CONTENT FROM WORKDAY

Harvard Business Review

Sponsor content from Workday.

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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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Crafting a People Strategy

Cascade Strategy

David Doe , VP of Talent Strategy and Excellence at Shell, joined us for World Strategy Day 2022.