May, 2021

article thumbnail

Accelerating Clean Energy Innovation

Paul Hobcraft

“Without a major acceleration in clean energy innovation, reaching net-zero emissions by 2050 will not be possible.” A groundbreaking report, “ Net-Zero by 2050: a roadmap for the global energy system “(referred to as NZE here) by the Internation Energy Agency (IEA), has been emphasising that this decade is pivotal to reaching net-zero by mid-century.

Report 345
article thumbnail

Ten Ways to Develop Logical Thinking, Ten Ways to Develop Lateral Thinking

Destination Innovation

Image by Elisa Riva on Pixabay. Here are ten ways to develop your logical thinking skills. Play chess. Solve soduko puzzles. Make lists, analyse your work, break it down into smaller tasks. Learn problem analysis methods such as six sigma and why, why. Learn critical path methods. Study Mathematics. Study German or Latin. Study Science and the scientific method.

Study 342
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

How To Compete In A New Era Of Innovation

Digital Tonto

In 1998, the dotcom craze was going at full steam and it seemed like the entire world was turning upside down. So people took notice when economist Paul Krugman wrote that “by 2005 or so, it will. [[ This is a content summary only. Visit my website for full links, other content, and more! ]].

How To 249
article thumbnail

The Sunk Cost Fallacy

Idea to Value

If you or your company has invested in an innovation or project, and it just is not working, when is the right time to stop it? Or if everything is going fine in your company but the market is changing, how do you know when to change the business model? Research shows that the more an individual or company has previously invested in something (whether it be money, time or effort), the more likely they are to want to continue doing it, even if the correct decision would be to stop.

Project 321
article thumbnail

Manufacturing Sustainability Surge: Your Guide to Data-Driven Energy Optimization & Decarbonization

Speaker: Kevin Kai Wong, President of Emergent Energy Solutions

In today's industrial landscape, the pursuit of sustainable energy optimization and decarbonization has become paramount. Manufacturing corporations across the U.S. are facing the urgent need to align with decarbonization goals while enhancing efficiency and productivity. Unfortunately, the lack of comprehensive energy data poses a significant challenge for manufacturing managers striving to meet their targets.

article thumbnail

How Online Whiteboards Create Lasting Innovation

IdeaScale

Innovation is critical to establishing new solutions and is something that every business handles. It can come in many different forms and styles, but regardless of the methods you use, innovation cannot be ignored. However, when working in a digital workspace, creating lasting innovative solutions is much more difficult than usual. Instead of circumventing the innovation process, you can use an online whiteboard to create new innovative solutions during a litany of different scenarios.

article thumbnail

Why generalists will become more valuable

Jeffrey Phillips

As we leave the COVID lockdown and the economy picks up steam again, I think many businesses will recognize a need for more generalists on their team. That could pose a problem since so many people have structured themselves and their careers as specialists. I'll start by admitting that I am a generalist, so in some ways this post may seem self-serving.

More Trending

article thumbnail

The Business Tool You Didn’t Know You Needed: A Customer Problem Statement

Leapfrogging

Do you know what matters most to your customers? If you aren’t living and breathing the problems your customers face every day, you will likely be unable to empathize with their needs, and providing meaningful innovation to address them. For the past 25 years, I’ve worked with hundreds of groups across dozens of big companies and startups. One of the biggest barriers brands face when it comes to meeting the needs of their target customer is a lack of understanding of a customer’s pain points.

Tools 130
article thumbnail

Why The 2020s Will Be An Era Of Atoms, Not Bits

Digital Tonto

The simple truth is that the digital era is ending and innovation is shifting to other places. Digital technology will remain —just as heavy industry persists long after the end of the industrial. [[ This is a content summary only. Visit my website for full links, other content, and more! ]].

Industry 254
article thumbnail

Julia Cameron on the Artist’s Way, and the real science of why it might work

Idea to Value

On this blog, it is important that I address one of the biggest hurdles of an evidence-based creativity approach, like the one I teach. And that is that a lot of famous, professional artists don’t feel like they can explain where their creativity comes from. For many of them, the moments of inspiration seem to take on almost a spiritual nature.

article thumbnail

Three Ways Work From Home Sparks Innovation

IdeaScale

Introduction. Innovation and creativity are two things that are necessary in order for teams to operate well in the workspace. Especially, when they are involved in collaboration, brainstorming, and ideation, innovation is critical to your success. You would think that innovation would falter when people transitioned to working online, and sometimes while working remotely people can feel disinterested or uninvolved in their workplace.

article thumbnail

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.

article thumbnail

Do you know how much your customers needs have changed?

Jeffrey Phillips

I'm writing a (probably too soon) series of posts on what I've learned as we all return from the COVID epidemic. Previously, I wrote that companies will need to focus on business model and process innovation over product innovation. You can read that post here. Today, I'm focusing on customer insight and why it will be so important now and in the short term (next 6-9 months).

Change 269
article thumbnail

Accelerating Clean Energy Innovation

Paul Hobcraft

“Without a major acceleration in clean energy innovation, reaching net-zero emissions by 2050 will not be possible.” A groundbreaking report, “ Net-Zero by 2050: a roadmap for the global energy system “(referred to as NZE here) by the Internation Energy Agency (IEA), has been emphasising that this decade is pivotal to reaching net-zero by mid-century.

Report 130
article thumbnail

Business Testing: Is your Hypothesis Really Validated?

Strategyzer Innovation

Entrepreneurs and corporate innovators alike often struggle to figure out when their hypothesis is validated, because it isn’t as simple as we’d like to believe.

article thumbnail

Innovating, Fast And Slow

Digital Tonto

Just as Daniel Kahneman explained that there are fast and slow modes of thinking, the same can be said about innovating. The truth is that moving slowly is often underrated and that moving fast can. [[ This is a content summary only. Visit my website for full links, other content, and more! ]].

article thumbnail

How Retailers Are Transforming Customer Experiences with Data & AI

Speaker: David Azoulay, Marc Stracuzza, Román Tejada, 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.

article thumbnail

Maslow’s Hierarchy of Needs & creativity

Idea to Value

Can everyone be creative all the time? No. First, before a person can focus their energy on being creative, they need to satisfy their more basic needs. In 1943, Abraham Maslow came up with his groundbreaking Hierarchy of Needs, published as A theory of human motivation. In it, he outlined the theory that people need to satisfy their most basic needs before they can focus on more complex needs.

article thumbnail

Seven Ways Failure Could Be the Best Thing for Innovation

IdeaScale

We fear failure more than we fear spiders, ghosts, or being home alone. And like any fear, it can be both paralyzing and irrational. Here are seven reasons failure is good for innovation. Failure Is Part Of Life. Any experienced entrepreneur will tell you that you can have a thoughtful product with an excellent design and a sharply defined market seemingly eager for success and struggle anyway.

article thumbnail

Breaking the Innovation Stereotypes: The Case of Curry Express

InnovationManagement

We often hear about the concept of innovation and its importance in enhancing the competitiveness of an organization however, the excessive use of this term has distorted its true meaning and content. The post Breaking the Innovation Stereotypes: The Case of Curry Express appeared first on InnovationManagement.

article thumbnail

Accelerating Clean Energy Innovation

Paul Hobcraft

“Without a major acceleration in clean energy innovation, reaching net-zero emissions by 2050 will not be possible.” A groundbreaking report, “ Net-Zero by 2050: a roadmap for the global energy system “(referred to as NZE here) by the Internation Energy Agency (IEA), has been emphasising that this decade is pivotal to reaching net-zero by mid-century.

Report 130
article thumbnail

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

article thumbnail

The Principles of Experiment Flow

Strategyzer Innovation

This is a guest post from David J Bland, co-author of our best selling book Testing Business Ideas. Testing Business Ideas explains how to increase the success of any venture by providing a practical guide to rapid experimentation.

How To 135
article thumbnail

Why Change Management Has To Change

Digital Tonto

The truth is that today we can’t transform organizations unless we transform the people in them and that’s why change management has got to change. It is no longer enough to simply communicate. [[ This is a content summary only. Visit my website for full links, other content, and more! ]].

Change 232
article thumbnail

The Innovation Valley of Death

Idea to Value

Why is it that some promising technologies seem to progress quickly but then disappear entirely? They may be suffering by being stuck in the Valley of Death. Every new innovation requires a certain amount of funding to survive. This could be funding in the sense of time investment, but almost always it is also monetary funding to go from discovery, to research more about the technology, to developing concepts, products and finally scaling this into a profitable new innovation that the market ado

article thumbnail

Webinar: Plan Your Organization’s Crowdsourcing Initiative

IdeaScale

Crowdsourcing is an effective way to kick off innovation efforts. Gathering ideas from inside and outside your organization can bolster business and increase revenue. Crowdsourcing initiatives increase innovation performance within an organization. Research shows 86% of companies who take part in crowdsourcing activities consider engagement an important part of company success.

article thumbnail

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

article thumbnail

OSHA Training: The Importance of Safety Standards in Organizations

Cascade Strategy

What is OSHA? To prevent workers from injuries and ill-health, the Occupational Safety and Health Act of 1970 (OSH Act) was passed. The Occupational Safety and Health Administration (OSHA) requires organizations to ensure safe working conditions for workers by setting and enforcing standards and by providing training, outreach, education, and assistance.

article thumbnail

One great visual paints a thousand innovating words

Paul Hobcraft

One great visual paints a thousand words. This visual I came across some years back, and for me , is outstanding in providing the feedback loops that go into developing the right innovation vision. To get to a definitive endpoint of having an innovation vision, you are faced with some complex challenges. These are well shown here. Each influences the other and constantly loop back, making an improving vision success hopefully.

article thumbnail

Why do corporations fail to hear disruption signals?

Strategyzer Innovation

Corporations and business leaders often think that finding the next “big opportunity" - or shielding their organization from it - requires huge bets and risks. This erroneous belief often prevents firms from being proactive in finding new opportunities or improving their approach. They inevitably argue the time is not right for such a big endeavour.

article thumbnail

Summer Reading List: 16 Books That Will Help You Understand The Next Decade

Digital Tonto

This summer, my list focuses on books that explain the issues we'll be wrestling with over the next decade. The post Summer Reading List: 16 Books That Will Help You Understand The Next Decade first. [[ This is a content summary only. Visit my website for full links, other content, and more! ]].

article thumbnail

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.

article thumbnail

Did these scientists just find the genes which allowed Humans to become creative?

Idea to Value

A fascinating new study could shed some light on the evolution of creativity in Homo Sapiens. The April 2021 publication Evolution of genetic networks for human creativity by Zwir, I., Del-Val, C., Hintsanen, M. et al. looked at the genetic differences between Homo Sapiens (us, modern humans), Neanderthals and Chimpanzees, looking for genes related to coding three different modern mental systems: emotional reactivity. self-control. self-awareness.

article thumbnail

2021 Crowdsourced Innovation Report

IdeaScale

Overview: Ideascale’s 2021 Innovation Report finds that 2020 made innovation strategy essential. In 2021, we expect to see faster turnaround times on ideas, even faster growth in departments focused directly on innovation, more engagement from leaders, and a shift to transformational and adjacent change in innovation strategy. 2020 Was The Year of Necessity.

Report 130
article thumbnail

Sopheon CEO Tackles Smart Product Development Challenges on World Product Day 2021

Sopheon

Sopheon CEO Greg Coticchia speaks to product managers facing the obstacles of software and hardware innovation. The post Sopheon CEO Tackles Smart Product Development Challenges on World Product Day 2021 appeared first on Sopheon.

article thumbnail

One great visual paints a thousand innovating words

Paul Hobcraft

One great visual paints a thousand words. This visual I came across some years back, and for me , is outstanding in providing the feedback loops that go into developing the right innovation vision. To get to a definitive endpoint of having an innovation vision, you are faced with some complex challenges. These are well shown here. Each influences the other and constantly loop back, making an improving vision success hopefully.

article thumbnail

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.