Wed.Feb 10, 2021

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Risks Can and Should Be Calculated. Here’s the Formula.

Daniel Burrus

Learning to become anticipatory versus being agile and reactionary will prove to be far more effective in helping you think exponentially, skip your biggest problems with ease, and ultimately envision and bring to life amazing new ideas with the confidence that certainty provides. Risks can and should be calculated, here is the formula: Evolve with Anticipation.

Trends 96
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Validate your idea or innovation, not yourself

Idea to Value

An important part of the innovation process is validating ideas. When done correctly, it is a powerful way of getting feedback from the market on what it would take to make the innovation a success. However, many people fall into a trap when looking for feedback. While they think they are asking people for unbiased, honest feedback to validate the idea or innovation, in reality what they are looking for is validation of themselves.

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What Does Innovation Mean?

IdeaScale

Innovation is a common term in business today. Companies must embrace change to move forward and reach goals. Knowing when and how to innovate is crucial to success. Here are some ways to identify innovation and put it to work in your organization. Definition: What Does Innovation Mean? Society is constantly evolving. Regular technological advances … Continued.

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Business Model Disruption: MrBeast vs McDonalds

Strategyzer Innovation

2020 has been an incredibly disruptive year for the restaurant industry with losses of over $240B in the US market alone. Supply chains have been cut, the way people consume and order food has been turned upside down by the pandemic. These constraints also represent an opportunity for businesses to rethink how customers engage, how to mobilize people and resources to achieve faster results and how to leverage new technologies to their advantage.

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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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A Yin-Yang Model for Global Sustainability: Moving Towards Rural-Urban Balance

InnovationManagement

This article employs a holistic, interactive East Asian framework—the ancient yin-yang circle—for presenting both defensive and proactive carbon control strategies in urban and rural areas. Given the recent wave of deadly wildfires in the American West, attention is focused here on the future significance of oceans as a massive carbon sink for fighting global climate change.

Strategy 101
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Bioplastics: ready for prime-time?

Wellspring

Starting with the development of a commercial polyhydroxyalkanoate (PHA) product in the 1980s , bioplastics have received off-and-on attention given their potential for widespread application in industry. In particular, it has long been thought that biosynthesized polymers – plastics produced through natural processes, ideally using renewable resources as feedstocks – could be an eventual replacement for traditional petrochemical-based plastics.

More Trending

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DigitalBasel Launches Open Innovation Challenge on Qmarkets Platform

Qmarkets

DigitalBasel and Qmarkets have combined forces to demonstrate the power of crowdsourcing and collaborative innovation. Powered by Qmarkets, DigitalBasel have launched a platform calling for ideas on how to promote digital transformation across a wide variety of important topics and trends. The campaign was announced during a joint session hosted by DigitalBasel and Qmarkets at the 2020 Swiss Digital Days – a nationwide event supported by leading companies including Swisscom and SBB.

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#2,110 – SpinQ

Greatest. Idea. Ever.

Got $5,000 lying around? If so, you could be one of the first people on your block to own a desktop Quantum computer! A machine that would be able to complete complicated calculations that regular computers can’t handle in a fraction of the time. Discover Magazine sums it up best: “A Chinese start-up has unveiled plans to sell a desktop quantum computer costing less than $5,000.

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Leaders need to move faster to survive

IdeaSpies

The pace of change on the outside must be at least met by the pace of change on the inside not to be going backwards. Or as fam.

Change 82
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#2,109 – The Vertical Theater Group

Greatest. Idea. Ever.

We may soon be able to attend concerts and plays again in a safe way thanks to a new design for a pop-up, adaptive venue that could move from location to location bringing joy and happiness with it wherever it goes. As Fast Company puts it: “COVID-19 has impacted every industry on the planet. But live music and theater, in particular, have taken a hit.

Groups 69
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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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Three Services Bridgestone is Testing to Drive the Future of Car Maintenance

Innovation Leader

While car companies are always releasing new models, the way our vehicles get serviced has largely remained the same. But Bridgestone is working on several high-potential projects to modernize car maintenance.

Project 60
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How Apple is Organized for Innovation

The Inovo Group

Look at almost any large company today and you will see it organized by divisions, business units and lines of business focused on specific products and services and run by a general manager with P&L responsibility. This is what has been taught in B-Schools as the ‘way’ to organize ever since the era modern corporate management emerged with Sloan at GM.

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DigitalBasel Launches Open Innovation Challenge on Qmarkets Platform

Qmarkets

DigitalBasel and Qmarkets have combined forces to demonstrate the power of crowdsourcing and collaborative innovation. Powered by Qmarkets, DigitalBasel have launched a platform calling for ideas on how to promote digital transformation across a wide variety of important topics and trends. The campaign was announced during a joint session hosted by DigitalBasel and Qmarkets at the 2020 Swiss Digital Days – a nationwide event supported by leading companies including Swisscom and SBB.

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How Legacy Businesses Can Compete in the Sharing Economy

The Inovo Group

Platforms are all the rage these days with many promoting them as a key component of digital transformation. There is much confusion however in what exactly a ‘platform’ is. The terms ecosystems, networks, and marketplaces are often used and confused with platforms. This article does a nice job defining what a platform is, the different types of platforms and distinguishing between platforms and the other terms that are often used.

Data 52
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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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Three Tools Bridgestone is Testing to Drive the Future of Car Maintenance

Innovation Leader

While car companies are always releasing new models, the way our vehicles get serviced has remained the same. But, Bridgestone works on high-potential projects to modernize car maintenance.

Tools 52
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Innovation for Impact

The Inovo Group

The author of this article spent 16 years as head of SRI and, during that time, developed a number of principles and processes for creating value from technological inventions. Although these principles are widely known and discussed extensively by numerous practitioners and authors, this article is a nice summary and refresher for those who wish to innovate.

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Podcast E15: The Power of Changing Just One Word

Stephen Shapiro

In today’s episode, we explore how changing just one word in a problem statement can unleash an entirely new range of possible solutions – including new business models. We explore 3 lenses in particular: #15: SUBSTITUTE – change a word, including but not limited to synonyms. #10: HYPERNYM – use a word that is less specific (more abstract). #15: HYPONYM – use a word that is more specific (more detailed).

Change 52
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Good Ideas Often go Nowhere: Here’s What You Can Do About It

The Inovo Group

At the beginning of 2021, Zoom Video Communications (Zoom) had a market capitalization of $116B. Zoom was the result of the inability of Cisco Systems (market cap $189B), to recognize a huge, new opportunity. Eric Yuan, the founder of Zoom, was one of the first 20 employees of WebEx that was acquired by Cisco Systems in 2007. Yuan was Cisco’s vice president of engineering and in 2011 he pitched a new smartphone-friendly video conferencing system to Cisco management.

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Implementing Intelligent Document Processing Solutions: Why It Works

See how companies like yours are tackling some of today’s most common business problems using AI-assisted automation for document processing. Manually capturing, extracting, and processing data within documents is a costly and outdated practice that’s holding your company back. IDP takes document processing to a whole new level so you can understand and use your data more effectively than ever before.

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Strategic roadmapping for alignment and communication (April 27th)

Innovation 360 Group

April 27, 2021. The post Strategic roadmapping for alignment and communication (April 27th) appeared first on Innovation360.

Roadmap 52
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The Decade of Action: Innovation & Sustainability 2030

ITONICS

Climate change and its dramatic consequences are on the rise. The need for innovations that support a sustainable future has never been higher. We have to act NOW! January 2020 kicked off what environmentalists are referring to as the Decade of Action. With just ten years remaining to meet the goals set out in the UN 2030 Agenda for Sustainable Development , there’s a greater sense of urgency to increase our collective efforts to mitigate the impact of climate change and limit global warming to

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Stay on track with innovation KPIs (March 24th)

Innovation 360 Group

March 24, 2021. The post Stay on track with innovation KPIs (March 24th) appeared first on Innovation360.

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GAMING & YOU: Facts Not Fiction!

Linda Bernardi

These facts about gaming have massive consequences on: • What programs universities will be focused on teaching. • How the world of computing will evolve. • Major hardware/software revenues. • Impact on chip manufacturing. • And much more. Imagine the following: 1) In 2019 over $152B was spent on gaming worldwide. 2) No, teenagers are not the target market: The average age is 35-44. 3) 400 US Colleges are now teaching video programming courses. 4) 48% of the 2019 gaming revenue came from the US

Video 26
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Reimagined: Building Products with Generative AI

“Reimagined: Building Products with Generative AI” is an extensive guide for integrating generative AI into product strategy and careers featuring over 150 real-world examples, 30 case studies, and 20+ frameworks, and endorsed by over 20 leading AI and product executives, inventors, entrepreneurs, and researchers.

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IMBA Innovation Management Basic Accreditation™ – Online. Singapore, October 18 – 20

Innovation 360 Group

Intro to Innovation Management methodology. The post IMBA Innovation Management Basic Accreditation™ – Online. Singapore, October 18 – 20 appeared first on Innovation360.

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#2,111 – RedZone News

Greatest. Idea. Ever.

There’s a lot going on right now. Trump’s second impeachment trial, the latest TikTok dance craze, memes spreading faster than the coronavirus. Someone even had to declare the other day that they weren’t a cat. Who has time to keep up with it all? What we need is a RedZone channel for news. A service that shows us the relevant highlights of the day’s events so that we can avoid watching C-SPAN and scrolling social media feeds 24/7.

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IMYB Innovation Management Yellow Belt™ – Online. New York City, September 30 – October 1

Innovation 360 Group

Go deeper into the methodology, learn Organizational Design. The post IMYB Innovation Management Yellow Belt™ – Online. New York City, September 30 – October 1 appeared first on Innovation360.