December, 2022

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The need for Transformational Innovation

Paul Hobcraft

The need for transformational innovation. Transformational innovation is increasingly needed to cope with the change needed in many organizations to find a new or repositioned value proposition. Transformational innovation is one of the hardest, if not the hardest, to achieve. When you are required to become (really) different at the core, you face the inherent conflict that making change is where clear leadership can only bring about, guiding the changes required through this highly disruptive

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Top 5: How to plan your 2023 innovation activities and events for maximum success

Idea to Value

Hi there, With 2022 almost behind us, a lot of companies and teams are planning their next steps for 2023. This is especially true for venture and innovation teams, who let’s face it, many of whom had a very tough 2022. With the global economy stalling and fear of an upcoming recession, many companies have significantly slowed their investments into new innovation teams. 2023 could turn out to be one of the hardest for innovation and leadership teams in decades… … or, with the

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Will you shape innovation, or will it shape you?

Jeffrey Phillips

There's a famous quote about tools we use, which says that we first shape our tools, and then they shape us. Meaning, I think, that we are natural creators, meant to solve problems, to create new things. When we create new things, they become valuable and in demand, and to a great extent, at least initially, unattainable until produced in mass quantities.

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Stop Expecting People To Act Rationally! Here’s Why:

Digital Tonto

In an earlier age, organizations were far more hierarchical. Power rested at the top. Information flowed up, orders went down, work got done and people got paid. Incentives seemed to work. You could pay more and get more. Yet in today's marketplace, that’s no longer tenable because the work we need done is increasingly non-routine. That means we need people to do more than merely carry out tasks, they need to put all of their passion and creativity into their work to perform at a high-level.

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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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The Fine Line Between Innovating and Overextending

IdeaScale

While grinding it out is required at times, it’s not sustainable. At some point, product and service quality will decline. This is often due to the ripple effects of overextending, which include burnout and poor decision-making. That said, there is often a fine line between innovating and overextending. Below are 7 factors that will minimize [.].

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What is the Opposite of Vertical?

Destination Innovation

The Story of Barnes Wallis and the Bouncing Bomb. A key principle of lateral thinking is to consider the opposite. If everyone is heading west think about going east. If the fashion is fast then consider slow. If the crowd is selling then contemplate buying. Which brings us to this question, what is the opposite of vertical? Barnes Wallis was born in Derbyshire, England in 1887.

Design 188

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What Blinkers Are You Wearing Today?

Flying Fish Lab

Every brand proudly says they’re different, but our consumers and customers most likely see and experience a sea of sameness. If we take the time to remove our blinkers and look at the playing field from the Outside In, we may see it too. [link] Category Conventions. We all make the best effort to understand our consumers and stay ahead of their needs.

Study 98
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Were we all upside down in 2022?

Paul Hobcraft

Image adapted from Imaginary Forces for this post. What an utterly strange year, 2022 has been. we have been confronted, reflective and seemingly having to “kick start” our lives again after the challenges of living through the impacts of a global pandemic. We go into 2023 far more in personal and business conflict. We do need to find a new way of working. it is not throwing away the technology, tools or established processes it is transforming these in new and different ways.

Agile 183
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Having an argument with Artificial Intelligence

Idea to Value

You may have seen news of people talking about the new artificial intelligence chatbot from OpenAI, called ChatGPT. Put simply, this is a way you can ask questions to OpenAI’s huge artificial intelligence in a natural, chat-like manner. So for example, you can ask it questions in natural text, and instead of just linking to a page with an answer, it will understand what you were looking to find out and write that answer for you.

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The 2022 Digital Tonto Reading List

Digital Tonto

“Don’t believe everything you think” has become something of a mantra of mine. It’s a simple idea, but desperately hard to accomplish. Once we get an idea in our heads, confirmation bias kicks in and we go looking for evidence that supports it while ignoring facts which would point us in another direction. What makes […].

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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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Things that didn’t exist in 2001

Destination Innovation

Things that didn’t exist in 2001. Wifi. iPhone. Facebook. YouTube. Instagram. Twitter. TikTok. Android. Bitcoin. Tesla. iPad. Gmail. Netflix streaming. Amazon Prime. Podcasts. Kickstarter. WhatsApp. Google Maps. Snapchat. LinkedIn. Pinterest. Chrome. Zoom. Spotify. Airbnb. Uber. Slack. Reddit. Etsy. The post Things that didn’t exist in 2001 appeared first on Destination Innovation.

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Co-creation with customers: Liebherr open innovation case study

HYPE Innovation

If you’re reading this, you’re likely keen to find out more about how to successfully manage your open innovation program. Perhaps you’re looking to try out co-creation innovation with your customers but don’t know where or how to start yet. Read on to learn how HYPE’s client Liebherr has harnessed open innovation at their organization to successfully run a co-creation program with their customers.

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Leveraging Reverse Innovation to Take Your Organization Global

IdeaScale

Outshining the competition and generating disruptive ideation are worthy objectives, but they shouldn’t be your only objectives. If you plan to take your products global or expand your global reach, reverse innovation must be a priority. By meeting the needs of lower-income demographics and emerging markets, you can rapidly and drastically increase your profits.

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Innovation: the accelerator for the changes in our energy transitions

Paul Hobcraft

No energy transition will be achieved without invention and innovation, yet we are currently failing badly to fund research, development and deployment. We are losing the race to stop our planet’s warming as our innovative human endeavours are not at the level they should be, or we lack the “will” to make the changes we so desperately need to undergo to protect our planet.

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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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Next year, keep your eyes and mind open

Idea to Value

I was walking through the forest with my sleeping son, day dreaming, when something stopped me. I was not sure what the feeling was, but it felt out of place and surprising. I looked back, and noticed someone had left a random piece of carrot on a branch. Then as I looked closer, I noticed two more blueberries symmetrically paved either side of it. Someone must have carefully left them like that.

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Digital Transformation at a Retailer Near You

Business and Tech

Digital signage-based experiences are vital to future-proofing retail in ways that allay concerns post-pandemic, lean in to Gen Z, and make life a whole lot more convenient. Beth Warren SVP Marketing and Retail Strategy, Creative Realities, Board Member, Digital Signage Federation. For years, retailers have leveraged the power of the digital display to drive store traffic, spotlight news, and automate dynamic content in a way that’s easier on the planet and relieves the store of the burden of ma

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Cool Lateral Ideas

Destination Innovation

There are myriad of lateral ideas in action to solve everyday problems. We now take them for granted but when they were first proposed they may have been seen as risky, silly or impractical. Here is a random selection of some of my favourites exprssed in the form of a problem and a lateral solution. Problem: Many trading shipping were dangerously overloaded and could capsize in stormy seas.

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Top Posts of 2022

Digital Tonto

At the beginning of this year, I wrote that the theme for 2022 would be Surviving Change and I think that’s been borne out. We’ve had so many shocks to the system that all of the happy talk about disruption has become not only juvenile and naive, but downright irresponsible. If anything, we’ve learned how […]. The post Top Posts of 2022 first appeared on Digital Tonto.

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From Complexity to Clarity: Strategies for Effective Compliance and Security Measures

Speaker: Erika R. Bales, Esq.

When we talk about “compliance and security," most companies want to ensure that steps are being taken to protect what they value most – people, data, real or personal property, intellectual property, digital assets, or any other number of other things - and it’s more important than ever that safeguards are in place. Let’s step back and focus on the idea that no matter how complicated the compliance and security regime, it should be able to be distilled down to a checklist.

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Leveraging Middle Managers to Drive Innovation

IdeaScale

If you are looking to take your ideation to the next level, it’s time to strategically empower your middle management team. This isn’t only because they are the ones implementing your innovation initiatives, but because they are closer to your key sources of inspiration—your customers and your employees. Allowing your middle managers to shine minimizes [.].

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Controlling What You Can: Owning Your Personal and Professional Growth

CMOE

Many things can feel outside of our control or reach. For instance, a person can ask for a raise or promotion, but whether they receive the advancement is not a decision they directly get to make and is ultimately beyond their control. A person can also get stuck in traffic because they have no control over other people’s driving habits or because an accident happened farther down the road.

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Can meditation help or hurt your creativity?

Idea to Value

In today’s world, there are so many things which are constantly distracting us. And we know that being distracted can be detrimental to our creativity. As a result, many people are trying to build up their internal ability to ignore distractions and be able to focus better in order to live a happier life. One of the fastest growing ways to do this is meditation.

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Inspiration and hope at the I3 Access to Market event in Nigeria?

Christensen Institute

On December 6, 2022, I got the opportunity to attend the inaugural Investing in Innovation (I3) Access to Market event in Nigeria. The event was attended by 31 innovators from across Africa, several large multinational companies, development partners including the Gates Foundation, the World Health Organization, and many forward thinking government stakeholders.

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Future Focus: Constructing Unshakeable Stability in Your Manufacturing Supply Chain

Speaker: Jay Black, Senior Account Executive

We’ve all heard the buzzwords to describe new supply chain trends: resiliency, sustainability, AI, machine learning. But what do these really mean today? Over the past few years, manufacturing has had to adapt to and overcome a wide variety of supply chain trends and disruptions to stay as stable as possible. Stability has become key in this post-COVID world, and will remain key moving forward.

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Five Key Considerations for Managing Lay-offs

Destination Innovation

Hard times can strike any business or any organisation, even ones which have been well managed and successful. Sometimes you have to reduce costs and headcount in order to survive. This gives leaders a big challenge. You have recruited and developed a successful team. Now you have to chop it back. What should you do? Here are some key considerations and tips.

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This Tech Is Transforming Real Estate and is Creating a Major Market Opportunity

Entrepreneur - Innovation

Smart home technology is disrupting real estate, presenting a significant market opportunity for designers, builders, entrepreneurs and investors.

Marketing 131
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Innovative Ways to Optimize Employee Retention in 2023

IdeaScale

The Great Resignation is still going strong. In 2021, 47.8 million Americans resigned from their jobs. As of August 2022, the pace had not slowed. With the economic downturn, resignation rates slowed in September, October, and November of 2022. However, a new trend has emerged—quiet quitting. Quiet quitting is the term used to describe employees [.].

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How Ai Generated Christmas

Brunner

It’s that time of year, again. The KFC yule log is back. Eggnog is flowing at happy hours. And agencies everywhere are taking a break from timesheets to create The Agency Holiday Card that’ll top all agency holiday cards that have come before. Brunner’s Holiday Card is one of our favorite traditions of the season. We create one every year, our 2020 Holiday Card being a recent favorite, but truthfully speaking it can be a bit time-consuming.

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Fail Well, Pivot Fast: Product Experimentation for Continuous Discovery

Speaker: William Haas Evans - Principal Consultant, Head of Product Strategy & Design Practice, Kuroshio Consulting

The purpose and value of experimentation (from a scientific and product perspective) is to produce new information. From a product discovery/product management perspective, the purpose of experimentation is to focus our efforts on invalidating our assumptions to reduce the risk of developing and going-to-market with the wrong product. It’s our way of intentionally managing through uncertainty — since, as Claude Shannon said, “the only resolution to uncertainty is information.

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Tackle the monkey first

Idea to Value

When faced with a significantly challenging innovation project, is it worth doing the easy tasks first to get some quick wins on the board, or should you tackle the hardest part of the project? I have been listening to some podcasts with Annie Duke recently, who has a great new book out about when it is the right time to quit. One of the metaphors she uses is trying to teach a monkey to juggle flaming torches while standing on a pedestal.

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How will you measure your life in 2023? Applying business theory to reflections and resolutions.

Christensen Institute

The past couple of years have been…tumultuous, to say the least. Amongst the plethora of global events, we’ve experienced a pandemic, a war, polarized politics, and worsening climate realities. But within this storm, we’ve also experienced adaptability, perseverance and solidarity. As the year comes to a close, there’s often an inevitable period of reflection. 2022 was a year characterized by dramatics that necessitated growth in hard to cultivate skills, and though past years also ended with th

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Bringing Caste into the DEI Conversation

Harvard Business Review

As companies increase their global footprint, they must also expand their definition of DEI.

Company 143
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You Have the Power to Innovate — You Just Have to Unlock It. Here's How.

Entrepreneur - Innovation

Too often, we equate newness with technological innovation, but true innovation ruffles feathers. Here's how to bring it to your organization.

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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.