May, 2019

The Most Definitive Innovation Trait — Curiosity

Rocketspace

I have sat through numerous executive sessions on innovation at a multitude of Fortune 1000 corporations, and, something always strikes me as the observer. First, I am amazed at the importance of the Chief Executive Officer — time and time again, I note their brilliance in the subtle art of asking questions as well as their guidance of the executive team to be bold and push forward. I believe it is truer today, more than ever, the quality of the CEO drives the share price, period.

Willing to Innovate? Start with Improving on Culture!

InnovationManagement

It is neither the business models nor the products that are innovative, but rather the minds behind them. Hence, nurturing a culture where people are willing to generate and execute on creative ideas is an essential skill for every innovation leader. The post Willing to Innovate? Start with Improving on Culture! appeared first on Innovation Management.

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Why Perfectionism Stifles Innovation

IdeaScale

Striving for excellence is not the same thing as demanding perfection. Striving for excellence opens up possibilities while demanding perfection attempts to carve outcomes in stone. It’s easy to see how perfectionism can stifle an innovation strategy and constrain people to the point where they’re paralyzed by fear of making a mistake. Unfortunately, perfectionism is often seen as a good thing. After all, what could be better than perfection?

The Power of Silly Questions

Destination Innovation

Roger Hargreaves and the Mr Men Books. In 1970, Roger Hargreaves’ 6-year-old son Adam asked his father a question. It was a question that only a child could ask. No adult would ever conceive of it. Adam said, ‘Daddy, what does a tickle look like?’. In response Hargreaves, a cartoonist, drew a picture of a round orange blob with a face and long rubbery arms. It became the central character in Hargreaves’ first book, Mr Tickle.

The Best Sales Forecasting Models for Weathering Your Goals

Every sales forecasting model has a different strength and predictability method. It’s recommended to test out which one is best for your team. This way, you’ll be able to further enhance – and optimize – your newly-developed pipeline. Your future sales forecast? Sunny skies (and success) are just ahead!

The Only Way to Understand (Innovation) Success is by Measuring Failure

HYPE Innovation

Success is a scarcity, especially in innovation. In fact, one of the few certainties in life is that everything will fail at some moment. Few innovations and experiments succeed, and even the biggest success stories end at one point. It’s just the tendency of our universe towards entropy and disorder. Could be after 70 years, like in the case of Toys R Us, but happen it will. People & Culture

Podcast S2E35: Taylor Ryan – How corporations and start-ups benefit from collaboration

Idea to Value

?. In today’s episode of the idea to value podcast, we speak with Taylor Ryan, CMO of Valuer.ai, about the benefits that both corporations and startups can get from collaborating. We discuss what it takes for startups to succeed with their innovation efforts and the danger of large established corporations from assuming that they won’t be disrupted. Topics covered in this episode: 00:01:00 – Why corporations are starting to see the value in working with startups.

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Innovation Capital Lies Within Organizational Learning

Paul Hobcraft

We need to know how to unlock the real value of innovation both personally and within the organization, we work for. If we do not fully understand where the innovation capital comes from, how new capital and stock can be provided, innovation will remain tentative, always stuttering along.

Here’s What Most People Get Wrong About Minimum Viable Products

Digital Tonto

The advantage of creating an MVP is that it essentially acts as a research lab where you can safely test hypotheses and eliminate sources of uncertainty. Related posts: The Hair-On-Fire Use Case. [[ This is a content summary only. Visit my website for full links, other content, and more! ]]. All Posts Management Technology Innovation Lean Startup

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What if the current use of your product were banned?

Destination Innovation

Have you ever used a knife as a screwdriver or a shoe as a hammer? If so you repurposed a product for an application that the producer did not foresee. You put the product to another use. This idea can be a fruitful source of innovations for your product or service if you only you can think laterally. De Beers is a diamond mining company founded in South Africa in 1888.

4 Practices Innovation Managers Should Retire (And 4 to Keep)

HYPE Innovation

Every year, new tools, technologies, practices, and even full-rounded ideologies invade the innovation space. Those of us working in this space witness this change daily as we watch projects reach (or miss) their targets as a result of new information and tools used.

11 Ways to Make a Short Remote Design Thinking Project a Success

You can achieve a huge amount in a short period with a virtual design thinking project. While some teams want to come together for several weeks or months to tackle a challenge, others want to run short, sharp projects to find a quick solution. And with the right preparation, attitude, and structure in place, that's totally possible.To help make sure your short innovation projects are a success, download this free guide from the team at Sprintbase, a virtual design thinking platform, to learn their top tips.

Tart-up or Start up? Two innovation strategies for established companies

Idea to Value

The innovation game is not played on a level playing field. Start-ups – companies under 5 years old owned by one person or a small team of entrepreneurs and venture capitalists – will innovate quite differently from established companies, which have a history of successful growth and a market share to defend.

Why Your Organizational Structure is Fundamentally Incapable of Innovation

Rocketspace

The RocketSpace team was in Austin attending South by Southwest (SXSW) where 85,000 attendees discussed disrupting their markets with implementation of the newest systems and technologies. The sad truth is that there is a 95% chance that each of these corporate innovation initiatives will fail — including yours. Rarely-considered factors such as Conway’s Law and departmental dis-integration play a major role in this failure rate.

Recognizing it is all about Value Creation

Paul Hobcraft

I am reading a lot about the concept of value creation recently, it answers everything but tells us so often nothing about how it is made up or it is truly present. It seems to have that same ‘heady vaulted position’ as innovation in that we all talk far more about the ‘promise’ of it, we want it but still are not prepared to put the real effort into it to make it happen. So let me try and explain my thoughts on value creation. So what is behind value creation? What drives it?

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Why Corporate Transformations Fail So Consistently (And How To Fix It)

Digital Tonto

The truth is you can’t overpower, bribe or coerce people to embrace change Related posts: If You Want To Change The World, You Need To Start With A Keystone Change. If You Want To Change The World, [[ This is a content summary only. Visit my website for full links, other content, and more! ]]. All Posts Management Movements Transformation

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The D&I Garden: Seeds of Innovation that Grow into Creative Breakthroughs

Speaker: Donald Fan, Senior Director of the Global Office of Culture, Diversity & Inclusion at Walmart Inc.

In the digital era, rife with uncertainty and ambiguity, innovation plays an essential role in sustaining organic growth and outperforming the global competition. Research proves time and again, there exists a robust bond between innovation and diversity & inclusion (D&I); our challenge is to help our leaders understand how to plant the seeds of innovation in the fertile D&I garden in order to drive a strategic and competitive advantage from the office and in the digital landscape.

Understanding future conditions is vital to create innovative solutions

Jeffrey Phillips

I'm just wrapping up another project that's focused on trend spotting and scenario planning, working to help a client company understand the emerging competitive conditions their business will face in the next 5-7 years. While foresighting, trend spotting and scenario planning are exceptionally valuable, many innovation projects simply ignore the benefits they can receive from doing this work. Instead innovators plunge in to create the products and services they believe customers need.

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Is Organizational Structure The Secret to Innovation?

Leapfrogging

Change your company’s structure to get bigger and better ideas. Just about everyone wants more creativity and innovation these days. But what’s the secret to getting it? While most companies agree that innovation is vital, few actually spend time creating structures or devising rewards systems hinged on creativity. Many leaders also struggle with the fact that innovation comes from culture, something that’s hard to measure or manage.

Podcast S2E34: Catherine Orer – How artists can raise the value of their work

Idea to Value

In today’s episode of the Idea to Value Podcast, we speak with Catherine Orer about what it takes for artists to raise the value of their work. We cover several areas, including what sort of research artists need to undertake to understand what the market is willing to pay, determining their own vision of what they want their art to be, and overcoming the fear of the “business side” of things to be able to actually make their art into a sustainable, profitable business.

Mobility Startups to Watch in 2019

Rocketspace

The transportation industry is taking it up a gear. The value chain is no longer delineated by traditional players and their skill sets —instead, a more holistic mobility ecosystem is developing. As part of this evolution, there are several players vying to build a strong position from incumbents such as original equipment manufacturers (OEMs) and tier one manufacturers to “new-school” tech-startups and opportunistic venture capitalists.

B2B Pocket Playbook: End-to-End Guide to Sales Enablement

Sales enablement is the strategic process of providing sales teams with the content, guidance, and mentorship needed to engage targeted buyers. It’s all about equipping sales professionals with the tools they need to put their best-selling foot forward. And if sales teams want to continuously sell better -- and faster -- their sales enablement process must have a game-winning strategy. It's time for you to start selling smarter - and hitting your sales number - with the best B2B database in the market. Get started today.

Building the Coordinates into your Innovation World

Paul Hobcraft

Innovation can be fairly complex in what needs to be pulled together, as often it ‘flies’ in contradiction to the normal organization’s ways and wishes, especially the emphasis on working in structured, efficient and productive ways. Innovation can often be rather chaotic and discovery driven, it often is seen as counter-productive to the orderly state our organizations wish to achieve.

Is Artificial Intelligence The New Productivity Paradox?

Digital Tonto

There’s still so much we don’t yet see, for the simple reason that so much has yet to happen Related posts: 4 Ways Every Business Needs To Use Artificial Intelligence. Artificial Intelligence Needs. [[ This is a content summary only. Visit my website for full links, other content, and more! ]]. All Posts Technology Artificial Intelligence

Digital Innovation meets As a service

Jeffrey Phillips

For a while now I've been considering the impact of all the emerging digital transformation tools on innovation. Artificial intelligence, machine learning, IoT, blockchain and a host of other technologies will have a bit impact on how corporations conduct work and create new insights and new products and services.

Want Innovative Answers? Ask Effective Questions!

IdeaScale

If somebody’s car won’t start, you don’t ask them “Did you keep turning the key until it started?” Yet, when getting the motor running for innovation, we too often ask questions not unlike that one. Relevant, powerful questions can take innovation from a cold start to a blazing finish. Keep The Answer Open Let’s consider a basic question any business asks and how it can inspire innovation. “Do Do we have an advantage over our competition?” is a yes or no question.

Pressure Points: How to Ensure Your B2B Pipeline Passes Inspection

This eBook highlights best practices for developing a pipeline management process that helps sales leaders and their team C.L.O.S.E (you’ll see what we mean in this eBook) more revenue through data-driven prospecting, stage analysis, and subsequent sales enablement.

Fascinating new innovation: 3D colour X-rays

Idea to Value

If you think that all X-ray images can do is show you a picture of your skeleton, think again. Scientists from Mars Bioimaging at the University of Canterbury, New Zealand have developed new medical imaging technology which allows them to take pictures of the internal tissues of living beings (including humans), and show the different components of them in different colours. Check out the excellent original video by Tom Scott above to show how the technology works.

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Top 5 Innovation Trends in 2019

Rocketspace

80% of executives think their current business models are at risk to be disrupted in the near future and 84% say their future success is extremely dependent on innovation. So, what are the five top innovation trends that will mark 2019, and where should businesses be placing their bets? corporate innovation strategy corporate innovation services blog innovation trends 2019 innovation trends

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How to Choose the Right Software for Concept Development

Leapfrogging

Concept development is where most businesses start when they think about launching a new product or service. Guest post by upBOARD . It is one of the early stages of the innovation process, and it is integral to the continued success of any organization. In fact, one of the most important parts of running a successful business is identifying the right concepts that can turn into real innovations that will help you meet your customers’ needs.

The Gladwell Trap

Digital Tonto

We can't believe everything we think. We need to ask the hard questions Related posts: The Selective Innovation Trap. The Gospel According to Gladwell. The Accidental Cartesians. What is a Business. [[ This is a content summary only. Visit my website for full links, other content, and more! ]]. All Posts Management Cognitive Bias Innovation

Marketing-Led Post-COVID-19 Growth Strategies

Businesses are laying off workers, shutting their doors (some permanently), and struggling to react to the radical destruction that coronavirus (COVID-19) is doing to our society and communities. Most have already sustained massive damage, and we still have yet to see the scope of impact of the global pandemic that has upended the globe. Any return to normalcy may seem far-off, but sales and marketing are on the front lines of restarting the economy. When the dust settles, we have a responsibility to turn our shock and grief into fierce determination, and lead the charge of responsible, strategic, sustainable future growth. However, there’s no team better suited to lead that charge than the marketing department. Marketers are uniquely positioned to provide creative solutions to aid their organization in times of change and chart a course for navigating success.

These Are the Skills Your Kids Will Need for the Future (Hint: It’s Not Coding)

Innovation Excellence

An education is supposed to prepare you for the future. Traditionally, that meant learning certain facts and skills, like when Columbus discovered America or how to do long division. Today, curriculums have shifted to focus on a more global and digital world, like cultural history, basic computer skills and writing code. Yet the challenges that. Innovation

Motivate to Innovate: How?

IdeaScale

Engagement is a challenge even at the most innovative companies. Bringing in stakeholders across the board will take more than just a welcome email and a few meetings. Here’s how to gear your company for innovation, from the newest team member to the senior C-suite. Bring in The Highly Engaged. Every organization has people who give 110 percent and have a talent for motivating others.

Podcast S2E36: Amy Edmondson – Creating a culture of psychological safety

Idea to Value

?. In today’s episode of the Idea to Value Podcast, we speak with Harvard Business School’s Professor Amy Edmondson about her concept of Psychological Safety.

How to Build YOUR Best Innovation Process

InnovationManagement

How might we build a more efficient or effective innovation process? The post How to Build YOUR Best Innovation Process appeared first on Innovation Management. Collaborative Innovation Strategies

How ZoomInfo Helps Overcome the Top Pain Points of Inside Sales

Recent digital transformation has shifted the B2B landscape by ushering in the era of buyer empowerment. With more access to user reviews, analyst opinion, and industry research, decision-makers are more informed than ever while navigating what is now known as the “buyer’s journey.”