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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Why You Need to Use Case Studies in Sales and Marketing (and How to Start Now)

Case studies are proof of successful client relations and a verifiable product or service. They persuade buyers by highlighting your customers' experiences with your company and its solution. In sales, case studies are crucial pieces of content that can be tailored to prospects' pain points and used throughout the buyer's journey. In marketing, case studies are versatile assets for generating business, providing reusable elements for ad and social media content, website material, and marketing c

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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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3 Steps to a Truly Terrific Innovation Team

Innovation Excellence

GUEST POST from Robyn Bolton “What had a bigger impact on the project? The process you introduced or the people on the team?” As much as I wanted to give all the credit to my brilliant process, I had to tell the truth. “People. It’s always people.” The right people doing the right work in the right […].

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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 161
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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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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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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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Retail Tech: Empower Associates, Optimize CX, and Boost Productivity

Speaker: Andrew Regan, Managing Partner at BlueSeed Retail Ltd.

Did you know that 70% of new retail technology fails to deliver expected benefits and can often decrease customer value, service, and experience? With that in mind, how can we empower our store associates to leverage new technology to optimize the customer experience and boost productivity? This exclusive webinar with Andrew Regan will dive into strategies to empower retail associates for success with new technology.

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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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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

LEAN 130
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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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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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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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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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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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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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Cracking the Code to Product Team Success: Data, Empathy, and Extraordinary Communication

Speaker: Donna Shaw - Senior Product Manager & Eric Frierson - Director of Innovation for Public and School Libraries

Product management goes beyond product development; it involves nurturing a cohesive team. Collaborating with cross-functional teams can be overwhelming, particularly when objectives diverge. Establishing effective communication channels with team members and stakeholders can be a daunting task. Nonetheless, by leveraging foresight and valuable insights, you can cultivate a thriving product management team that works together harmoniously to craft customer-centric products.

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The Failure of the DEI-Industrial Complex

Harvard Business Review

How organizations can hold themselves — and the practitioners they work with — accountable for measurably improving outcomes for marginalized populations.

Industry 131
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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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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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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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ERM Program Fundamentals for Success in the Banking Industry

Speaker: William Hord, Senior VP of Risk & Professional Services

Enterprise Risk Management (ERM) is critical for industry growth in today’s fast-paced and ever-changing risk landscape. When building your ERM program foundation, you need to answer questions like: Do we have robust board and management support? Do we understand and articulate our bank’s risk appetite and how that impacts our business units? How are we measuring and rating our risk impact, likelihood, and controls to mitigate our risk?

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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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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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Research: Men Speak More Abstractly Than Women

Harvard Business Review

Abstract language tends to be associated with leadership, meaning that how women are socialized to communicate can make them less likely to be seen as leaders.

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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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The B2B Sales Leader's Guide for Any Economic Environment

When economic headwinds pick up, sales leaders are the first to sound the alarm — and chart a new course. Longer sales cycles, larger buying committees, increased price pressure, and smaller teams can quickly combine to reduce your margin for error and increase the urgency to find a solution. To thrive in a challenging environment, sales teams need a rock-solid grasp of the fundamentals and the biggest force-multipliers they can get their hands on.

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Happy Holidays from Nick Skillicorn and Improvides

Idea to Value

Hi everyone, With the end of the year and Christmas nearly here, I just wanted to say a big thank you being being part of my community. I am so happy you are here and look forward to providing even more value to you and your teams in 2023. 2022 has been a hell of a year for me, with some deep lows but also the very highest highs I have ever experienced.

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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.

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Keep your eye on these 10 key drivers during 2023 doing your Scenario Planing

Innovation 360 Group

The first time I worked with scenario planning was in the post-cold war in the early 90s, when in the western world we collectively still remembered international tensions, the threat of war, and economic recession. Then the super “dot-com” boost came, and from 1997 to 2022, no one was thinking […]. The post Keep your eye on these 10 key drivers during 2023 doing your Scenario Planing appeared first on Innovation360.

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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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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.