Fri.Jul 28, 2017

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Profiling the Open Innovation Manager

HYPE Innovation

We talk a lot about, and also to, innovation managers here on the blog. In fact, we have an entire section dedicated to them. At HYPE’s annual event in Bonn the topic was also in the limelight. Mike Hatrick (the event moderator) asked the question: who really is the innovation manager? In his presentation, Mike mentioned the researchers, strategists, evangelists, pioneers that go on to become change agents, leaders, organizational designers, coaches/ trainers, and ultimately fill the seats of pr

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How Facebook Made Innovation a Daily Habit

Planview

Since its founding in 2005, Facebook has become one of the most innovative companies in the world. They’ve used their influence as the number one social network masterfully, evolving into an ecosystem of brands – Instagram, WeChat, Aquila (Facebook’s Internet plane), and others – all aligned to further the company’s mission of giving people the power to build community and bring the world closer together.

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Easing Traffic Congestion with Open Innovation

IdeaConnection

Hair-pullingly frustrating, hazardous to health and a huge time drain, traffic congestion on freeways and in our towns and cities is one of the most irritating blights of modern life. Without changes, the problems will clearly become worse over time. To stop this from happening and to give us all space to move, transit authorities in numerous countries have turned to the crowd for help.

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Why Your Company Needs To Forget the Past in Order to Create a Brighter Future

Qmarkets

How Kodak Failed To Navigate Digital Disruption In Spite Of Investing In It. When thinking about the challenges of disruptive innovation - one of the most commonly cited examples is Kodak’s failure to capitalize on it’s dominance during the shift from analogue to digital. However, common assessments of why Kodak failed are quite one-dimensional. They fail to touch on the real reason for Kodak's catastrophic demise.

Company 60
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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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5 Strategies for More Effective Employee Onboarding

InnovationManagement

Over 69 percent of employees are still employed by a company three years after they start if they receive great onboarding. While training for job-specific skills should be part of an onboarding program, it is important that the program helps create connections between new employees and mentors, communicates the company's mission and core values and allows managers to make wise use of their time when bringing a new employee onboard.

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MIT Shows How To Run Hackathons

Innovation Excellence

I’ve always had mixed feelings towards hackathons, as whilst they undoubtedly bring a lot of focused energy, they often lack any real follow-up, rendering the progress made during the weekend rather isolated. A recent paper in Cell Systems highlights how the MIT Hacking Medicine events do better. The events, which are open to all, but.

How To 41

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How can We Encourage Experimentation and Risk Taking Among Our Employees

Rmukesh Gupta

This is one of those stories that we hope never happened with us. I was a fresh graduate with no experience and in my first job. I had decent success in my first job and had reached a point where I had built enough trust with my boss that he allowed me to run one of his branch office. As part of the role, I was supposed to handle sales and procurement both.

Design 40
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Innovation Experts’ Favorite Books, Podcasts, and Resources

Innovation Leader

At our Network event, we asked participants about the books, podcasts, and resources on innovation and strategy that they’ve found most useful…

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Service Beyond the Call of Duty

Idea Champions

Most companies trying to get a "competitive advantage" eventually realize that the key is customer service -- the ability to differentiate themselves from the competition by delivering their product or service in unforgettable ways. Here's a memorable example: Some years ago, my company came together for a two-day team building offsite -- an "all hands on deck" outdoor ropes course experience in Colorado.

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The Irrational Desire to Complete a Set of Tasks, Purchases, etc.

Michael Roberto

Kate Barasz, Leslie John, Elizabeth Keenan, and Michael Norton have completed a new study demonstrating that people have an irrational desire/need to complete sets of tasks, purchases, assignments, etc. Barasz says, "People really don't like to leave things incomplete." HBS Working Knowledge describes the implications of their research: Do you want customers to refer more of their friends to your company’s website?

Groups 20
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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.