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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From Data to Decisions: Maximizing Retail Potential with AI

Speaker: David Azoulay, Marc Stracuzza, and guest speaker Sucharita Kodali

Imagine a retail landscape where every interaction is personalized, every decision informed, and every opportunity maximized 🤔✨ Join us for an exploratory journey into the heart of AI-driven retail innovation. We’ll unveil the transformative potential of AI and data analytics in shaping the future of omnichannel personalization and e-commerce.

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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.

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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.

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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.

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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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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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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 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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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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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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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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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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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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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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The Big Payoff of Application Analytics

Outdated or absent analytics won’t cut it in today’s data-driven applications – not for your end users, your development team, or your business. That’s what drove the five companies in this e-book to change their approach to analytics. Download this e-book to learn about the unique problems each company faced and how they achieved huge returns beyond expectation by embedding analytics into applications.

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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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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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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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Bringing Caste into the DEI Conversation

Harvard Business Review

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

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How to Achieve Product-Market Fit

Speaker: Dan Olsen - Product Management Trainer and Consultant, Author, and Speaker

Everyone working on a product is trying to achieve the same goal: product-market fit. But most products fail to do so. In this webinar, product management expert Dan Olsen will share his simple but effective framework for achieving product-market fit from his book The Lean Product Playbook. He will explain his Product-Market Fit Pyramid and The Lean Product Process, a 6-step methodology that guides you through how to: Determine your target customer Identify underserved customer needs Define your

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Idea Crowdsourcing at MARTA: Encouraging Innovation in the Public Sector

Qmarkets

The Metropolitan Atlanta Rapid Transit Authority ( MARTA ) is one of the largest transit agencies in the United States with around 4,500 employees. Its 48 miles of rail and 9,000 bus stops keep Atlanta moving, and since launching as combined transit service in 1979, MARTA has provided more than 5 billion trips for its customers. Customer-centric innovation is at the heart of everything that MARTA strives for.

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Downward enrollment trend in school districts calls for innovation—or else

Christensen Institute

Removed from the habit of traditional schooling, increasing numbers of families are opting for alternative forms of education for their children. The flight from public school districts that started while schools were closed isn’t reversing course. That’s the conclusion of newly released research by Tyton Partners, an education consultancy. The research shows that districts’ declining enrollments are not abating.

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Challenge conventions for success

Flying Fish Lab

Convention tells us this is about Sumo: Japanese full-contact wrestling with centuries-worth of history, traditions and rituals. But if this is Sumo, and the objective is to win, then the little guy will have very little chance of success. Let’s challenge that convention and ask: What if it were any other sport? What if it were a race? The problem hasn't changed – the challenge is still "how to win against the bigger guy" – but by asking these questions and looking at the situation without the b

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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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Mapping Digital Transformation: Retail’s Strategic Shift

Speaker: Jennifer Wright, Michael Scholz, Jasmin Guthmann, and Scott Canney

Digital transformation in retail is so much more than new technology. You need to get your whole organization, from entry-level workers to executives, on board with the new tech, new skills, and culture changes that digital transformation brings. Leading this mindset shift can be a daunting task… but that’s where this webinar comes in! Join our panel of experts as they guide you through the challenges of digital transformation, preparing you to avoid common mistakes and make the most of incredib