May, 2020

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Top Challenges to Innovation at the Government Level

IdeaScale

Change in any organization requires innovation. This can seem daunting at the government level where initiatives can take longer to implement than in the private sector; however, the goals and challenges for both the public and private sectors are often similar. Government leaders look within their organizations when solving issues or reaching new goals, making … Continued.

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Why Every Large Organization Should Decentralize Innovation

Idea to Value

I recently met with a very successful company that is seen as a highly innovative global pioneer that others in their industry, which is facing many structural headwinds and inevitable changes, look up to. They understood that even though they are seen as an extremely innovative company now, their current success is actually a result of innovations that happened a decade ago, and that to live up to their reputation, they now need to create the next wave of innovations to keep the company on thei

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Seeing the Energy Transition in Different Horizons and Innovative Ways

Paul Hobcraft

The majority of my recent work has been in investigating and building a comprehensive understanding of the #energytransition. It is, to say at the very least, complex and challenging, but for me, satisfying and rewarding. Let me briefly explain how I am going about this and why. My research ‘intensity’ (If I can call it that) had to become well structured, and I turned to some of my favorite, perhaps old fashion tools to capture my learning and give me my points of reference.

System 261
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How To Spot A Fraud

Digital Tonto

We need to have a healthy skepticism, especially with ideas we would tend to agree with. We should ask questions, explore alternative explanations of the same data and be open to additional evidence. [[ This is a content summary only. Visit my website for full links, other content, and more! ]].

How To 184
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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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Exploring the Energy Transition Fitness Landscapes – opening thoughts on Hydrogen

Paul Hobcraft

I am struggling with the Hydrogen Story. It is tough to relate to something where the realization may take 40 years to move from ambition to achievement. I get it that delivering Hydrogen is the vital piece of the decarbonizing of the world by 2050, yet it does seem a long, hard road to travel. Hydrogen is undoubtedly becoming the big agenda ticket within any Energy Transition.

Resources 336
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Hackathons: What Are They and How to Run Them

HYPE Innovation

Take two seemingly unrelated words, "hack" and "marathon," and put them together to describe one of the most popular and powerful problem-solving techniques in the past decade.

How To 213

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Five Top Challenges for Innovation Managers and How to Address Them

IdeaScale

Innovation is the art of finding and overcoming challenges. Yet sometimes the challenges will find you as you work on your innovation strategy. Here are some of the key challenges for innovation programs across the business world in 2020. Lack of Leadership Any initiative needs to have the wholehearted support of the top tier of … Continued. The post Five Top Challenges for Innovation Managers and How to Address Them appeared first on IdeaScale.

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How to Adjust Your Innovation Strategy to Accommodate Social Distancing

IdeaScale

At the beginning of the year, remote work was seen as either a luxury or a tool to give workers more flex time. Suddenly, with the arrival of the COVID-19 pandemic, it’s become indispensable. Yet, it’s also thrown employers and employees into seemingly murky waters. How do you continue working on your innovation strategy when … Continued.

Strategy 173
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Company-Wide Innovation Is an Anticipatory Imperative

Daniel Burrus

If you were to ask anyone in your organization to outline their daily responsibilities, you’d likely get a list that includes position titles rather than responsibilities, like sales or information technology. But what about something more crucial to the overall goals of the organization, like innovation? It is likely that employees don’t think of their role as being part of innovation, either for a lack of understanding of what innovation means at the company or the literal thought that their d

Company 99
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Three New Tools You Need to Master to Build an Invincible Company

Strategyzer Innovation

Leading innovation is hard. It involves creating the right culture, guiding innovation teams, and investing in the right ideas and business models. Without the right toolkit, this would almost be an impossible task. In this article, we introduce three innovation tools that executives and corporate innovation leaders can use to better manage innovation in a large organization.

Tools 138
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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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Innovating in the midst of the pandemic

Innovation Excellence

The unexpected arrival and spread of COVID 19 has caused massive and global changes, strongly impacting into the business world. Every company, in addition to managing the sanitary emergency by prioritizing health and employee’s support-, has had to respond generally in a reactive and compulsive way, trying to ensure business survival in a context where life is at risk.

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5 Prerequisites for Sustainable Government Innovation

IdeaScale

Creating a thriving culture of innovation is difficult for any organization, but governments, in particular, can struggle with it. There are five pieces to creating sustainable government innovation that must be in place, whether municipal, state, or federal, to make innovation sustainable in government. 1. Ability to Experiment In some countries, such as the US, … Continued.

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12 Characteristics of a Lean Organization

Kainexus

The renowned football coach and philosopher, Vince Lombardi, once said, “ Perfection is unattainable, but if we chase perfection, we catch excellence. ”. That’s the mindset of a Lean organization. There’s a bedrock belief that every process, investment, employee, or action should directly translate to value for the customer with no waste. That ideal is unattainable, of course, but Lean organizations try to get close to it every day, and in doing so, reach a level of success that their competitor

LEAN 64
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A Higher Purpose Brings a Higher Culture

Innovation Excellence

At an individual level, many of us try to make changes within our lives and ourselves to lead a happier more fulfilled life. We’re trying to find purpose. So why aren’t we doing this at an organisational level? Many organisations are trying to create a culture of innovation, but are not pausing to ask why? If we want to innovate well, we need the right culture – we need vision people, and in a big way.

Culture 92
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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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How To Improve BI & Analytics Maturity In Your Organization

Acuvate

How To Improve BI & Analytics Maturity In Your Organization According to a survey by Gartner, more than 87% of organizations are classified as having low Business Intelligence (BI) and Analytics maturity. This becomes a great impediment for organizations looking to improve the value of their data assets and exploit analytics. Spreadsheet-based analyses, personal data […].

How To 69
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Here’s how you can come up with outside the box innovations

Idea to Value

If you’ve been working in innovation for at least some time, you’re probably sick and tired of hearing people talk about “thinking outside the box”, or the need to create “outside the box innovations”. The phrase has become one of the most overused clichés out there. However, just like so many other clichés, there’s an underlying reason for this being the case even though I personally dislike the term.

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Why I like the idea of Energy Fitness Landscapes

Paul Hobcraft

I have been building out the value in my proposal of having a Fitness Landscape framework within the Energy Transition and why it makes sense. Here in this post, I want to expand on my thinking around navigating a complex landscape that the Energy Transition demands. I am looking at the Energy Transition from an evolving technology innovation perspective.

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Influence Cultures that Drive Innovation!

IdeaScale

Have you ever struggled to gain adoption of your innovation efforts? Have you had the organizational anti-bodies torpedo your good work? Do you struggle to gain alignment around your innovation programs? You are not alone. These are the greatest challenges that innovators face in nearly all large organizations. The solutions seem elusive and it isn’t … Continued.

Culture 246
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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.

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Exago offers innovation management software to fight COVID-19 and adapt to the “new normal”

Exago

Exago is making the Exago Start idea management platform available to NGOs and educational and research institutions to help combat the impacts of COVID-19. The post Exago offers innovation management software to fight COVID-19 and adapt to the “new normal” appeared first on Exago.

Software 182
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We’ve Been Getting The Wrong Answers Because We’ve Been Asking The Wrong Questions

Digital Tonto

We’re where we’re at today because people convinced institutions that maximizing output was more important than stability and resilience, that correlation was more important than causation and that. [[ This is a content summary only. Visit my website for full links, other content, and more! ]].

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A Successful Approach to Corporate Innovation: ?The 8 Ps of Innovation?

InnovationManagement

The business environment is becoming increasingly complex. Organizations have lived in a stable environment for many decades. The competitive advantage resulted from executing better than competitors. This is no longer the case. The post A Successful Approach to Corporate Innovation: ‘The 8 Ps of Innovation’ appeared first on InnovationManagement.

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Podcast S3E60: Håkan Ozan – Building an ISO standard for innovation management

Idea to Value

In today’s episode of the Idea to Value Podcast, we speak with Håkan Ozan, who has helped to draft the recent ISO Standard on Innovation Management. Topics covered in today’s episode: 00:01:30 His start with innovation management systems. 00:02:30 What is an innovation management system. 00:07:30 The reaction from the community to the attempt to build a management standard for innovation. 00:12:00 The next steps for the ISO Standard.

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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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Why Innovation Needs Legitimacy and Power to Flourish

Strategyzer Innovation

One of the key attributes of an invincible company is the ability to manage the Explore and Exploit portfolio with an equal amount of strategic focus and energy. But Explore and Exploit are very different. The same practices you use to exploit existing businesses cannot be used to explore new ideas. You can read more about the differences between Explore and Exploit here.

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Reimagining Retail in the Age of Innovation

IdeaScale

Does your retail innovation strategy make you stand out from the rest? In an industry that is continuously evolving, it’s crucial to keep up with how customers are shopping and figure out what that means for your business. In a world where customer experience is everything, retailers find themselves in a unique situation when reaching … Continued.

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Book Excerpt: Think Like a Privateer, Not a Pirate

Innovation Leader

Steve Jobs once said that it’s better to be a pirate than to join the Navy. Pirates refer to startups that churn out innovative ideas. Jobs likens large organizations to the bureaucratic Navy.

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The Psychology Behind Coronavirus Denial

Digital Tonto

The lesson here is that we are all prone to bias. We need to be careful and promote a healthy skepticism, especially with opinions that we are predisposed to agree with. Just as we shouldn’t believe. [[ This is a content summary only. Visit my website for full links, other content, and more! ]].

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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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Let Culture Drive Online Innovation Teams

InnovationManagement

Online innovation teams need to be especially mindful of cultural sensitivities among members and adapt accordingly. Evidence suggests that cultural diversity is a major asset for innovation teams. Under remote operating environments, cultural awareness and sensitivity is of heightened significance, and appropriate practices need to be deployed. The post Let Culture Drive Online Innovation Teams appeared first on InnovationManagement.

Culture 140
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Podcast S3E59: Kathryn Haydon – How to become more creatively productive and prolific

Idea to Value

In today’s episode of the Idea to Value Podcast, we speak with Kathryn Haydon, keynote speaker and founder of Sparkitivity. We speak about breaking through the inertia of no, and how to use the Universal Creative Process to become more productive and prolific. Topics covered in today’s episode: 00:02:00 What are the circumstances that help people find meaning in their work. 00:06:15 The possibility ecosystem. 00:08:30 Breaking through the inertia of no. 00:11:00 Tools to find the rig

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Ideation Workshop Game Plan

Beyond the Obvious

So what do you need to know as the leader of an ideation workshop? A workshop has multiple elements—participants, Killer Questions, and so on—but at the end of the day, the quality of the ideas directly relates to your ability to create a highly functional, highly effective group. In the following series of posts I’m […].

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4 Ways Innovation Can Increase Business Revenue

IdeaScale

source: Pexels In a recent study, researchers looked at different businesses and saw that the more the employees generated innovative ideas that management was likely to adopt, the higher the probability was that said company would grow its profits annually. At the other end of the spectrum, companies with little to no new ideas generated … Continued.

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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