Mon.Aug 05, 2019

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The Five Factors That Drive Digital Innovation

InnovationManagement

Innovation is the core activity of human evolution to change the environment, reach high performance, and make collective progress. The post The Five Factors That Drive Digital Innovation appeared first on Innovation Management.

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Why You Need a Diverse Ecosystem of Perspectives to Drive Innovative Thinking

HYPE Innovation

Editor's Note: Andy Seferta is Head of Ecosystem and Analyst Engagement, Digital Technology Services, Fujitsu EMEIA. This post was originally published on May 12, 2019, on the Fujitsu UK Blog. I recently had the pleasure of attending the INNOVATE Bonn forum hosted by our strategic partner HYPE Innovation. At the conference, I hosted open-innovation-themed customer workshops alongside HYPE's head of open innovation, Dr.

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The Most Powerful Is the Most Vulnerable

Tullio Siragusa

The Most Powerful Is the Most Vulnerable. Growing up as the youngest of three often felt as if I had to catch up with my siblings. There is a rather large age gap between us and being one of three boys made it fairly competitive between us. Don’t get me wrong I love my brothers, and today the age gap is irrelevant but at the time I felt like I had to get it together fast in order to keep up.

Tools 89
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What is a Diaper Worth? An Example of Value and Pricing

Innovation in Practice

When it comes to pricing a product, one principle rises above the rest. A price is inextricably linked to the value a customer places on that product. If a customer thinks a product is worth the price you’ve set, they will purchase it. And the more they value the product, the higher the price you can set. A recent article in The Wall Street Journal illustrates this dynamic in crystal clear form.

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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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Design-Test-Repeat Cycle Visual

Strategyzer Innovation

At Strategyzer we value simplicity, visual tools and iterative prototyping. Over the years, we have used these principles to refine one of our favorite visuals: the Design-Test-Repeat cycle. Check out how our visual language has changed over the years to see how our iterations have made this visual more clear and concise over time. At Strategyzer, we believe in visual business tools that are both simple and conceptually sound.

Design 61
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To Figure Out What’s Next, Define the System As It Is

Innovation Excellence

Every day starts and ends in the present. Sure, you can put yourself in the future and image what it could be or put yourself in the past and remember what was. But, neither domain is actionable. You can’t change the past, nor can you control the future. The only thing that’s actionable is the.

System 63

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IBM is Building a Network to Drive the Future of Quantum Computing

Innovation Excellence

In 1980, IBM was at an impasse. Having already missed the market for minicomputers, it was now seeing a new cadre of competitors emerge. Fledgling companies like Apple and Commodore were selling stripped down computers for personal use and the market was growing quickly. It looked like IBM would miss out again. So the company’s.

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Design-Test-Repeat Cycle Visual

Strategyzer Innovation

At Strategyzer we value simplicity, visual tools and iterative prototyping. Over the years, we have used these principles to refine one of our favorite visuals: the Design-Test-Repeat cycle. Check out how our visual language has changed over the years to see how our iterations have made this visual more clear and concise over time.

Design 40
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Incubation is the Hard Part Between Discovery and Success

The Inovo Group

Highlights. The processes, methods and tools used for New Product Development (NPD) are insufficient for strategic innovation [1] and strategic innovation is necessary for the accelerated growth that companies demand. Incubation is a way for large companies to succeed in creating strategic innovations, but incubation is currently an ill-defined system.

LEAN 40
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My 6th Book: Invisible Solutions

Stephen Shapiro

I am pleased to announce that my next book, INVISIBLE SOLUTIONS, will be released early 2020. (this is NOT the actual book cover!). What’s this book about? Solve Any Problem Faster, with Less Risk and Lower Cost. What if your organization had a systematic approach to deal with any problem? Having all the answers is not the answer. To find better solutions, you first need to ask better questions.

Video 40
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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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Praise not Points

Tembosocial

Each year organizations spend billions on points-based rewards and yet 70% of employees don't feel recognized and more than half are looking for new jobs. WHAT GIVES?

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Minneapolis Roundtable on Embracing Failure

Innovation Leader

In July, we brought together 15 innovation and R&D leaders from large organizations in Minneapolis. The gathering was hosted at Target’s headquarters.

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The Small Business Elements That Forever Need Innovating

The Human Factor

Contributed post –. Innovation is something that keeps a business on its toes – if you can innovate, to improve and grow as often as possible, you’ve got a business model that’s built for success. Between years 1 and 5, your business needs to prove it has longevity to it; most home grown, smaller operations fail during this period, and it’s imperative you prepare for and learn from these kinds of mistakes.

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Enterprise Trust Insertion and IoT

Information Playground

The industry is distributing corporate applications towards decentralized data. The figure below does a good job in framing the challenge of "delivering trusted data" in decentralized ecosystems (e.g., IoT sensor data). As applications (top right) and IoT sensor data (bottom left) are being brought together across disparate and heterogeneous components, trust is owned by nobody.

Data 31
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How Automation is Driving Efficiency Through the Last Mile of Reporting

Speaker: Jamie Eagan

As organizations strive for agility and efficiency, it's imperative for finance leaders to embrace innovative technologies and redefine traditional processes. Join us as we explore the pivotal role of digitalization and automation in reshaping what is commonly referred to as the “last mile of reporting”. We’ll deep-dive into why digitalization is no longer a choice, but a necessity for finance departments to stay competitive in a fast-paced environment touching on: 2024 trends for the Office of

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Fantastic Away Days And Team Building Activities For Small Businesses

The Human Factor

image source. Contributed post –. Even though your team will no doubt be very busy in the office, it’s still a really good idea to try to organize a day for team building every few months. Team building and away days give your team the chance to work together on slightly different tasks and activities that they would usually collaborate on. It’s a great way for them to increase their bonds and relationships, which will help them when they do get back to the office as they will find it a lot easi

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Cyber Security: Protect Your Business Intel

The Human Factor

image source. Contributed post –. Apart from the physical assets, your business is nothing without its intel; from customer details, business accounts and financial reports, to the research created for your company and the future confidential projects your business aims to accomplish. Cybercriminals are fully aware that your company information counts for everything and know the devastating impact infiltrating your business intel could have on the reputation you’ve worked so hard to build

Data 28
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Could Your Business Brand Have a PR Problem?

The Human Factor

Contributed post – Your business continues to be a source of never-ending personal pride. Every day you find a new reason to be proud of something or someone associated with your business. There was a time when the business empire all around you was nothing more than a handful of ideas scrawled on the back of a notepad. But with the aid of the right business angels , mentors and other people whom you admire and respect, you were able to render it a reality.