Tue.May 11, 2021

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How Do You Score Innovation Ideas?


Overview: It can be difficult to evaluate ideas, especially when they’re new and untested, as criteria such as ROI or market size can be difficult to predict. Instead, you need to create a process with clear evaluation criteria customized to your needs and properly managed expectations. The Innovator’s Dilemma. Truly new, world-changing, radical ideas can seem outlandish when they’re first proposed or developed.

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These 5 Principles Will Accelerate Innovation




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It's past time to think the unthinkable

Jeffrey Phillips

I've been noodling lately about what new way of thinking or new perspective or approach we can bring to companies and organizations that may help break what I think is a current innovation gridlock. Today, a LOT of companies are talking about innovation (and digital transformation) and some are practicing what I'd like to call innovation theater - that is, doing some window dressing around innovation without actually committing to a real innovation program or deep change.

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What are you trying to improve?

Idea to Value

Sometimes, innovation can have unintended, negative consequences. Even if what you aimed to improve was a total success by the criteria you measured. This is the danger of judging success only by a narrow set of specific criteria, and ignoring other changes which you did not anticipate. Let me give you an example. A few months ago, some university students asked me to help them assess their innovation idea for their degree.

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Brick & Mortar Retail Relevance: How to Stay Ahead of the Curve

Speaker: Jay Black, Senior Account Executive

Let's set the record straight: in-store retail isn't dead - it's evolving! Faced with the digital age and the demands of omnichannel shopping, some retailers are thriving while others are struggling to adapt. Join Jay Black in this exclusive session as he explores the strategies that set successful stores apart, including: Crafting unique and unforgettable in-store experiences 🛍️ Mastering the art of retail demands 🛒 Navigating inventory challenges in today's climate 📦 an

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How to Become a Lifelong Learner

Tullio Siragusa

How to Become a Lifelong Learner. We humans are always learning. Ever since our brains develop enough, every single experience teaches us something new. Today, in this complicated world where everything is changing all the time, learning from your own life experiences might become a little redundant. To become lifelong learners, you don’t have to be a genius.

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The Power of Small Ideas in Improving Vaccinations


With all of the work going on to set up and run Covid-19 vaccination centers around the world, the principles of Lean process design are really helpful. But, as hard as we might try, no process is ever perfect, so having a culture of continuous improvement from the get-go is incredibly important. Many times, when you ask an employee to share an improvement idea, they might say, “I can’t think of anything.


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How to Create and Sustain a Continuous Improvement Culture


Company cultures can be very different from one organization to the next and there’s nothing wrong with that. Having shared values, goals and beliefs drives organizations forward, but what truly contributes to their success is a healthy organizational culture. A healthy company culture is the cornerstone of successful companies. So, what kind of culture should you develop in your organization for long term performance and success?

Culture 85
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Corporate Venture Building Studio, with Tomasz Rudolf from The Heart

Rapid Innovation in digital time

The Heart is a corporate center for digital ventures, joining forces with leading multinationals to build enterprise startups - future suppliers, partners, distributors and disruptors- and unleashing value added services for big companies.

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DMAIC Tools Offer a Solid Structure for Problem Solving


DMAIC (Deh-May-Ick) tools are some of the most critical options in the continuous improvement toolbox. They are most closely associated with the Six Sigma methodology. Still, the DMAIC approach to problem-solving is also used by those who practice Lean manufacturing or don’t use a formal management structure. DMAIC is so widely used because the problem-solving framework takes teams from discovering root causes to long-term, stable standard work.

Tools 76
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The Three Horizons of Innovation Training


What if everyone in your organization came to work believing they could shape the destiny of your company? Learn more in this new post, and find out how it's possible with a 30-minute consult. The post The Three Horizons of Innovation Training appeared first on InnovationManagement.

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The Product Symphony: Orchestrating Success with Storymapping

Speaker: Jamie Bernard - Senior Product Director at Launch by NTT Data

In today’s dynamic business landscape, successful product management hinges on a keen understanding of customer needs and market dynamics. Storymapping emerges as an invaluable pre-investment tool, enabling smarter decision-making, more accurate resource allocation, and enhanced scope control. It serves as a catalyst to better align your entire organization, setting the stage for impactful, customer-centric product management.

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Top-Down vs Bottom-Up: Approach Differences and Actionable Advice

Cascade Strategy

For years your business was doing well, more than well, it was doing excellent. But now things have taken a turn for the worse and the worst thing is, you can’t find the root of the problem. The strategy you followed all these years that was serving you well, is now betraying you. How can you strategically respond to this unforeseen situation and come out on top of it?

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Member Spotlight: Michael Gudas, Liberty Mutual

Innovation Leader

Michael Gudas is the Director of Innovation Strategy & Operations for Liberty Mutual’s Global Risk Solutions Division. We spoke with Michael as part of our IL Member Spotlight series.

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What is a “Minimum Viable Product” (MVP) Approach to Enterprise Innovation Transformation?


Firms are recognizing they can move faster if they start smaller and plan their transformation journey in an iterative series of stages. The post What is a “Minimum Viable Product” (MVP) Approach to Enterprise Innovation Transformation? appeared first on Sopheon.

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Customer Service Concepts For Businesses Who’ve Tried Everything

The Human Factor

Sometimes, providing customer service feels like a losing battle. No matter how many resources you dedicate to the task, you still wind up with unhappy clients on the other end of the line. . If you find yourself in this position, you’re not alone. It’s something that affects countless firms out there, including some of the biggest brands in the world. .

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How to Stay Competitive in the Evolving State of Martech

Marketing technology is essential for B2B marketers to stay competitive in a rapidly changing digital landscape — and with 53% of marketers experiencing legacy technology issues and limitations, they’re researching innovations to expand and refine their technology stacks. To help practitioners keep up with the rapidly evolving martech landscape, this special report will discuss: How practitioners are integrating technologies and systems to encourage information-sharing between departments and pr

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101 Reasons Why You Definitely Won't Read This Blog Post

Idea Champions

I know you have no time. YOU know you have no time. I know you're not gonna do anything you don't wanna do. YOU know you're not gonna do anything you don't wanna do. We both know you're not going to read this blog post. It's too long and you have more important things to do. What follows are 101 other reasons why you won't read this blog post. 1. You don't want to. 2.

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4 Ways You Can Improve Your Customer Service

The Human Factor

When you run a business, you must be constantly looking for ways to improve, and customer service is an area that you cannot afford to look past. Good customer service is going to mean you have a higher chance of satisfying your customers, and thus improving your overall reputation as a brand, which plays a major role in your success. If you’re going to work on your customer service, you need to make sure you don’t overdo it either, as there is such a thing as trying too hard as a business.

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Financial Tips For Struggling Businesses

The Human Factor

pexels. The year 2020 was incredibly tough for all types of businesses. Some companies were able to get themselves through hard times, while others are still struggling. If your business is experiencing financial difficulties, here are five options to focus on. 1. Review Your Budgeting . When your business is experiencing financial trouble, the first thing you need to do is review your budget.

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Improving Teamwork In The Office

The Human Factor

When you run your own business, making sure everything goes smoothly is one of your top priorities. It’s up to you to make sure everyone knows what they’re doing, and you’re moving in the right direction and at the right pace. Being a leader, you’re responsible for those working under you, and it’s your responsibility to ensure that everyone can work at their best.

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2 Retail Sectors That Are Completely Changing the Game: FMCG & Q-Commerce

Speaker: Joe Heather, Deliverect GM (UK&I)

Fast-Moving Consumer Goods (FMCG) and Quick Commerce (Q-commerce) are two vibrant sectors that have undergone significant transformations with the advancements in digital technology. With growing internet penetration and the proliferation of smartphones, consumers' purchasing habits have unsurprisingly evolved. They now demand quick, convenient, and seamless shopping experiences, which both FMCG and Q-commerce sectors strive to provide.