August, 2023

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Visiting the dark side of the innovation moon.

Paul Hobcraft

I wrote a post in June 2012 on thinking about the dark side of the innovation moon. As India quite rightly celebrates its “first” in lunar exploration by landing near the south side of the moon , the dark side, it prompted me to look back at this post and decide to republish this again here. Have you ever wondered what is on the other side of the moon when you look up towards it?

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The Role of Top-down Management in Enterprise Innovation

HYPE Innovation

Running a successful enterprise innovation management program can be a challenging mission. Multiple factors have to be considered, each of which affects potential outcomes. One key aspect is the level of support that an innovation program receives from an organization’s management. Connecting the needs of top-down management with the strategy and architecture of an innovation program will always lead to greater levels of success.

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If You Care About Change, You Need To Learn To Leverage Shared Values. Here’s Why:

Digital Tonto

Change always begins with a grievance—there’s something people don’t like and they want it to change. Yet the status quo always has inertia on its side and never yields its power gracefully. That’s why it’s so important to forge a shared purpose, because people need a common mission they can believe in to see themselves as stakeholders in a shared future.

Change 142
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The Dual Paths of Leadership: Immediate Gratification vs. Long-term Growth

Tullio Siragusa

The Dual Paths of Leadership: Immediate Gratification vs. Long-term Growth In the arena of leadership, two divergent paths often present themselves: one focused on immediate gratification and the other on long-term growth. While both paths offer their own sets of rewards and challenges, the choices made early on can dramatically impact the course of a leader’s career, as well as the destiny of their team and organization.

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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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Accelerating Innovation Requires Strong InnovationOps | Sopheon

Sopheon

In my article, Mastering product management: What I have learned from my kung fu journey , I used my 12+ years of study and practice of kung fu as a lens to understand what it takes to master product management. Innovation is the lifeblood of progress and success in today's fast-paced business world. Accelerating innovation requires organizations to adapt, evolve and innovate continuously.

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Adversity can spur Creativity

Destination Innovation

Without Hope by Frida Kahlo Many artists have drawn inspiration from suffering and adversity, using their struggles as a catalyst for creativity. Here are a few examples: Frida Kahlo (1907-1954) : The renowned Mexican painter Frida Kahlo faced numerous hardships throughout her life, including childhood polio, multiple miscarriages and a bus accident that left her with severe injuries.

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Startup Scouting Process for Beginners

HYPE Innovation

Companies across the globe are under increasing pressure from multiple stakeholders, with many failing to meet expectations or outperform their competitors. In today’s increasingly volatile, uncertain, disrupted, complex, and interconnected environment, it’s more important than ever for companies to learn how to adapt faster than the rest of the market in order to survive.

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We are all sheep

Idea to Value

And this explains why innovating can be so hard for many of our colleagues. Sheep stick together in a herd. I saw this herd this morning, and notice how close each sheep stays to each other. They feel safer this way. If there is ever any danger or predator around, being in a large group means not only can you see the danger earlier, you do not need to face it alone, making it more likely you will survive.

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Technical Review: A Trusted Look Under the Hood

TechEmpower Innovation

Many CEOs of software-enabled businesses call us with a similar concern: Are we getting the right results from our software team? Most innovators don’t have a technical background, so it’s hard to evaluate the truth of the situation. We hear them explain that their current software development is expensive, deliveries are rarely on time, and random bugs appear.

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It’s Usually Better To Be Careful Than Smart

Digital Tonto

We all like to have opinions and like act on them. When, for instance, people were asked if they supported bombing Agrabah, the fictional hometown of the Disney character Aladdin, 30% of Republicans and 19% of Democrats said yes. Yet our urge to make judgments has nothing to do with our ability to make wise choices. Humans tend to think in terms of narratives.

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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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Barbie the Innovator

Destination Innovation

Margot Robbie as Barbie in the 2023 Film directed by Greta Gerwig Barbie, the iconic fashion doll created by Ruth Handler and launched by the American toy company Mattel in 1959, was highly novel when launched and the brand has continued to innovate in many ways since then. Adult-Like Appearance: At a time when most dolls were babies or infants, Barbie displayed an adult appearance as a slim teenager or young woman.

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Innovation is essential to unlock all parts of the energy transition.

Paul Hobcraft

Innovation has the power to unlock the Energy Transition, Innovation thinking and design are needed everywhere within the energy system. Technological and systemic innovation is incredibly important to the end-user sectors of transport, industry, and buildings, as well as replacing and upgrading much of the overall system design and operation of delivering energy to power our economies.

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Are Collaboration Tools Overwhelming Your Team?

Harvard Business Review

Today’s workers feel numbed by a fragmented, unpredictable, and overwhelming collection of collaboration tools — the very things advertised to boost their productivity. They know they’re overloaded and feel exhausted but believe there is little or nothing they can do to slow the onslaught of communication. The authors explored how collaboration technology bloat impacts employees and tried to help people take control over their work.

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Self-Serving bias: Why you think nothing is your fault

Idea to Value

How often are you blamed for things which are not your fault? Or get credit for the good things which only happened thanks to you? While in some cases people may really get negative feedback which was completely not their fault, often there is more nuance involved, where the person may not accept their responsibility. Conversely, often people will take credit for good things happening to them, when in reality it had very little to do with their actions.

Culture 188
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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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Technical Advisors: Every Startup Needs One

TechEmpower Innovation

No good innovator turns down advice! Startup founders make decisions on a daily basis – significant decisions that will have lasting impact on their business. Why do this without the right technical advisor? Would you create contracts without an attorney? Just like attorneys, technical advisors can help navigate waters that many find murky. A technical advisor can: Help specify what to build versus what to buy Help structure third-party development contracts, or lead an in-house team Plan

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Can AI Help Leaders Level Up Their EQ?

Tullio Siragusa

Can AI Help Leaders Level Up Their EQ? In a rapidly evolving world, the role of AI in education is becoming increasingly significant. AI can revolutionize the educational landscape by tailoring learning experiences, automating administrative tasks, and providing insights into student performance. Beyond these applications, AI has the potential to enhance the emotional intelligence (EQ) of leaders and managers.

Exercises 118
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Which are the most important inventions of the 21st century so far?

Destination Innovation

We are in the midst of a technological fire-storm which we take for granted. Here are ten of the important inventions have shaped the 21st century and transformed the way we live, work, and communicate. Smartphone: The ubiquitous smartphone has revolutionized communication, computing, and access to information. It encompasses various technologies like mobile internet, touchscreens, GPS, and mobile apps into a single device that fits in our pockets.

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We need a new Energy Mantra- innovate, innovate, innovate.

Paul Hobcraft

Energy is a vital part of any country’s ability to be competitive, and we need to recognize that to innovate is the critical enabler to a clean energy future. Today half the world’s capital is invested in energy and its related infrastructure, which is the backbone of any industrial and urbanization strategy. We need to keep pushing for discoveries, experimentation, and demonstrating.

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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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How to Prepare for a GenAI Future You Can’t Predict

Harvard Business Review

Given the staggering pace of generative AI development, it’s no wonder that so many executives are tempted by the possibilities of AI, concerned about finding and retaining qualified workers, and humbled by recent market corrections or missed analyst expectations. They envision a future of work without nearly as many people as today. But this is a miscalculation.

How To 134
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Big Tech and Media- The Future?

IdeaSpies

ChatGPT’s parent OpenAI will generate $1 billion in revenue over the coming year, the Information reports. The Microsoft-backed uber-unicorn is already banking $80 million a month. I recently predicted Microsoft’s valuation will rocket to $4 trillion , and warned news media that the window to do a deal was closing. Today, while they brief lawyers on copyright theft, Supervised reports how OpenAI is hauling ass to commercialising it.

Report 108
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Navigate Uncertainty and Unveil the Certainties Hidden Within

Daniel Burrus

We live in an amazingly uncertain world, but that uncertainty is brimming with certainty! I know this may seem contradictory, but it is true, and worth the exploration. Yes, we do live in constant uncertainty. What will happen with certain businesses or industries if the economy shifts, if technology disrupts, or if a new product or service falls flat?

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Creating Urgency: A Key to Success in Sales

Tullio Siragusa

Creating Urgency: A Key to Success in Sales Urgency is more than just a buzzword in the world of sales. It’s an essential mindset that can drive teams to close deals more effectively, acting as a decisive driver rather than a hesitant tire-kicker. But how can leaders instill this sense of urgency within their teams, and why does it matter? Let’s dive into the answers with some concrete examples and strategies.

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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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Your Guide to Incremental Innovation: Examples and Lessons from Global Brands

Qmarkets

What do you think about when you hear the word innovation ? For many people, it evokes brands that created something so new that it changed the way we interact with certain products or services forever: Uber. Netflix. Tesla. Disruptive innovations like these have a legendary status that is richly deserved, but it is actually incremental innovations that are more likely to provide sustainable fuel to drive ROI for your innovation programs year in, year out.

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Podcast: Life-Centered Health Care Episode 3

Christensen Institute

Earlier this year, we launched a new health care podcast: Life-Centered Health Care. A lot of health leaders and innovators talk about “disrupting” health care, but there isn’t widespread understanding of what that really means. On the podcast, we tackle questions like, “What does disruptive innovation look like in the field?” and “How does one actually do it?”.

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Why Customers Leave Platforms — and How to Retain Them

Harvard Business Review

Companies often misunderstand the problem of users leaving their platforms. Disintermediation is a sign that your customers don’t think you are adding as much value as you think you are. Firms struggling with disintermediation can take simple steps to stop the bleeding before it’s too late — if they understand what’s really taking place. They should consider six factors: urgency, rake, risk, skill, frequency, and modularity.

How To 105
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Innovation Tours: Find Solutions Wherever You Go

Yet2

Opportunity is to be found worldwide and with yet2’s innovation tours, an ordinary business trip can become the beginning of the next big innovation. Our tours are a chance for our clients to see prospects in their target area without the stress of scouting, selecting, and scheduling. We’ve had tours worldwide including San Francisco, Israel, and Singapore.

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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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Meet Dan Magdich, Brunner VP, Executive Creative Director Who Runs on Endless Creative Curiosity

Brunner

Dan Magdich’s career has been a fasten-your-seat-belt adventure from his first lessons as an ad agency intern to his current role leading the award-winning Creative team at Brunner. In July 2023, Brunner promoted Magdich from director of creative services to VP, executive creative director. “Dan has consistently demonstrated exceptional dedication, an unparalleled drive for creative excellence, and a passion for the work and the agency.

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The Universality of Leadership: Challenging Industry-Specific Biases

Tullio Siragusa

The Universality of Leadership: Challenging Industry-Specific Biases In the modern business landscape, we often hear the argument that leaders should be hired from within the same industry to be effective. Proponents of this belief argue that familiarity with industry jargon, processes, and nuances is indispensable. While industry-specific knowledge can be beneficial, it’s essential to challenge this bias.

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Controlled Disruption in the Wild

Flying Fish Lab

Let’s walk down memory lane: The music industry faced significant disruption with the emergence of Napster, a peer-to-peer file-sharing application enabling illegal downloads, causing a decline in CD sales. Napster eventually shut down in the early 2000s because they did break the rules through copyright infringement. Fast forward to today and we are enjoying the services of the likes of iTunes and Spotify who transformed the music landscape, revolutionized music consumption, and generated new r

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A policy playbook for school innovation, given continued struggles for students

Christensen Institute

As educators, policymakers, and the media fret that the unprecedented levels of federal investment in our nation’s schools during the pandemic haven’t had the impact that they had hoped on helping students rebound, some have asked how policy can help schools rethink and reinvent schooling rather than stick with the status quo. Bearing in mind the American Enterprise Institute’s (AEI) Rick Hess’s adage that “policy can make people do things, but it can’t make them do those things well,” there a

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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.