June, 2022

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Why incremental innovation is so easy; disruptive is so difficult

Jeffrey Phillips

After years, no decades, of working in and on the margins of innovation, I think I had an epiphany recently. It's interesting to know that the more you work in a field, you become more aware of the things that you don't know, rather than confident in the things that you do know. For me, one epiphany that happened this week was when I was thinking about how valuable truly disruptive innovation is, and why it is done so rarely.

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Here’s How You Build Transformative Teams

Digital Tonto

The truth is that there is no effective answer for the question, “how do we find innovative people?” Talent isn’t something you hire or win in a war, it’s something you empower. It depends less on. [[ This is a content summary only. Visit my website for full links, other content, and more! ]].

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The simple (and advanced) tools i use to run an online business on auto-pilot

Idea to Value

One of the most common questions I am asked is what tools I use to manage my successful online business. Considering I am constantly giving advice on the ways that companies can improve their innovativeness, and people can come up with new business models and business ideas based on their creativity. So, I wanted to provide a simple list of all the tools that I personally use on a day-to-day basis to run a successful online business.

Tools 260
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Small Business Expert Gene Marks’ Advice for Small Businesses and Entrepreneurs

Business and Tech

Small businesses face a lot of challenges these days, including hiring and retaining employees, inflation, supply chain issues, and more. Read on as small business expert Gene Marks shares his insights to help small business owners navigate the current marketplace. Gene Marks Founder, Marks Group PC. “There has never been a better time to start a small business,” says Marks, owner of Marks Group PC, a ten-person firm that provides technology and consulting services to small and medium-sized busi

System 246
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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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Phasing the Energy Transition by Technology and Horizon Management

Paul Hobcraft

Applying the Three Horizon Methodology is an Evolutionary Perspective. Innovation is the key enabler to turning our world from a fossil-led one into one based on renewables. For this to happen, our focus today should be fully on low-carbon technologies and their technical realization. We should be looking at applying the three horizon methodology here to determine a pathway from today through to 2050 to achieve our goals of having a world free of man-made carbon emissions.

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Breakthrough Innovation vs. Disruptive Innovation

IdeaScale

Aren’t breakthrough innovation and disruptive innovation the same thing? It’s a common question when building innovation strategy. After all, the car, the telephone, the smartphone, the electric car, the solar panel, weren’t these all breakthroughs that were also disruptive? In a sense, yes. But it’s the context of the innovation that’s important. What Is Breakthrough Innovation?

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4 Ways Hucksters, Gurus And Consultants Fool Us (And Usually Themselves)

Digital Tonto

In Richard Feynman’s 1974 commencement speech at Cal-Tech, he recounted going to a new-age resort where people were learning reflexology. A man was sitting in a hot tub rubbing a woman’s big toe and. [[ This is a content summary only. Visit my website for full links, other content, and more! ]].

Learning 249
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The Rosy Retrospective: Why we think the “good old times” were better

Idea to Value

Nostalgia can be a powerful force preventing innovation in companies. After all, people often would rather keep the status quo than run the risk of changing something while being unsure that the change will make things better. It also seems to imply that people often think of the past more fondly than the present, as if things were always better in the “good old days” Now, scientists have uncovered an unconscious bias that might explain this phenomenon.

Trends 238
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How Small Businesses Can Cope With Rising Inflation

Business and Tech

Here are five ways small business owners can get prepared and get ahead amid economic uncertainty and rising inflation. Kevin Hubbard Co-Founder, Rhoback Activewear, Member, U.S. Chamber of Commerce Small Business Council. Inflation has continued to rise at staggering levels. Small business owners are often disproportionally impacted by rising costs as they don’t have the same ability as larger companies to absorb them.

Policies 246
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Innovations Degrees of Connectivity, Interactivity and Sharing for Ecosystem Design

Paul Hobcraft

The three degrees of ecosystem design- the innovating equation. In any ecosystem thinking and design, we do need to find this “sweet spot” for encouraging more innovation. For me, it is the ability to build the dynamics within the involvement required. We live in a world where we are having greater connectivity than ever before. We are increasingly engaged in far greater interactivity with easy access to social and organizational tools than ever before.

Design 182
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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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What’s the Real Difference between Creativity and Innovation?

IdeaScale

Creativity and innovation are often seen as interchangeable. However, while they overlap, they’re different in key ways. Here’s how to understand the differences and apply them in your innovation strategy. Creativity Vs. Innovation. Creativity is the act of conceiving something new, while. Innovation is the act of putting something into practice. Creativity is thinking up the idea of flying into space, while innovation is building the rocket.

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Design Thinking Applied to M&A Integration

Tullio Siragusa

Design Thinking Applied to M&A Integration. Merging companies is complicated. However, if merging is done right, it might lead to competitive advantages. The reality is that many companies do it wrong, resulting in failure rates as high as 70% or more. The failure rate increases due to insufficient integration design and planning or faulty integration planning.

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We Need To Stop Cheerleading Change

Digital Tonto

My friend Srdja Popovi? once told me that the goal of a revolution should be to become mainstream, to be mundane and ordinary. If you are successful it should be difficult to explain what was won. [[ This is a content summary only. Visit my website for full links, other content, and more! ]].

Change 225
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When does it make sense to automate?

Idea to Value

Innovation teams often see a problem and think that the most effective thing to do is to create a solution for it. Often, this involves developing a solution that automates a task that previously had to be done manually by someone, or at least makes the activity significantly more efficient. However, sometimes the time, effort and resources spent developing the solution to fix what in reality is a minor problem can be significant.

Software 227
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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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Three Ways a Peer-Based Network Can Energize Entrepreneurs

Business and Tech

As a startup entrepreneur, you wear all the hats — sales, marketing, fulfillment, invoicing, accounting, and business strategy, to name just a few. It can be exhausting, but entrepreneurs thrive on bootstrapping and solving impossible challenges. However, the time may come, several years into your business, when you are unsure how to achieve that next growth milestone.

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How to Lead Innovation and Embrace Innovative Leadership

Viima

Leaders are bombarded from all directions with advice on how to behave as leaders. It seems like we all know what it takes to lead innovation, at least in theory, yet the attention is mostly focused on famous innovators who oftentimes are the exceptions, rather than the rule. What’s more, we tend to forget that the greatest, most famous innovators, with all their qualities and contributions to the world, are not necessarily the best of leaders.

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Three reasons to change the global poverty fighting paradigm

Christensen Institute

Every year, the development industry spends around $150 billion fighting poverty in order to prevent situations like the aforementioned. Last year, it spent approximately $161 billion. . Progress is not only slow but whatever “progress” is made is also shallow. Development indicators, such as children in school, life expectancy, infant and maternal mortality, and so on, may go up, but they mostly mask the shaky foundation upon which these positive indicators are built.

Change 119
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How to and Why Be Genuine as a Leader

Tullio Siragusa

How to and Why Be Genuine as a Leader. There is a significant difference between leadership and management. Leaders inspire and work in an upside-down pyramid fashion, while managers are often seeking to be on the top of the pyramid with everyone else beneath. Leaders create and move things forward; managers handle things. Leaders lead people, managers manage stuff.

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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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Revolutions Don’t Begin With a Slogan, They Begin With A Cause

Digital Tonto

Ukrainian President Volodomyr Zelenski has been compared to great orators like Winston Churchill. In the English House of Commons, he vowed to fight “in the forests, in the fields, on the shores, in. [[ This is a content summary only. Visit my website for full links, other content, and more! ]].

Change 228
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Start small and build momentum

Idea to Value

Developing a practice of consistently creating requires dedication and grit. After all, professional creatives get on with the act of creating. But if you are just starting out, this can seem overwhelming. Going from not creating and publishing anything, to feeling the pressure of doing this consistently can scare many people off. Especially if they think that what they are about to produce is not good enough.

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The Habits of the Successfully Self-Employed

Business and Tech

Small businesses generate 44% of the U.S. economy and are responsible for two-thirds of new jobs. One of the most often-overlooked sectors of the small business community is the 16 million people who are self-employed. Keith Hall, CPA President and CEO, National Association for the Self-Employed (NASE). “The state of mind of the typical self-employed person is by definition not typical,” says Keith Hall, chief operating officer and president of the National Association for the Self-Employed (NAS

Industry 130
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What Is Idea Management?

InnovationManagement

Traditional innovation can only take your business so far, and without an evolution of processes, you might find it harder than ever to move new ideas forward. Introducing structures and systems to formulate, organize, and act upon new ideas is one of the best ways to optimize internal innovation. This practice is better known as idea management, and in this article we will define and discuss idea management in full.

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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

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On World Environment Day, let’s focus less on the environment and focus more on people.

Christensen Institute

June 5, 2022 marked another World Environment Day. According to the UN Intergovernmental Panel on Climate Change’s latest report , the world still isn’t doing enough to combat human-induced climate change. We shouldn’t be surprised. The report follows John Kerry’s worries about the emissions consequences from a Russian war against Ukraine and the international community’s paltry promises at the most recent COP26 conference on climate change.

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What Can Leaders Do to Have More Innovative Teams?

Viima

Talent is one of the main drivers of innovation and its scarcity and high value makes it a frequent cause for concern for leaders from all over the world. And for good reason. Quality talent can make a business up to 800 times more productive. But some of the biggest managerial challenges of senior leaders are finding the right talent and encouraging innovative behavior in employees.

Tips 107
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Creating a path from strategy to execution to drive chemical innovation

Sopheon

Chemical companies must become quicker in adapting their strategies to the new normal world and then make sure they execute quickly and swiftly. The post Creating a path from strategy to execution to drive chemical innovation appeared first on Sopheon.

Strategy 105
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Would you trust a colleague who stole your ideas?

Idea to Value

What is worse? A colleague who steals money? Or a colleague who steals other people’s ideas and pretends they came up with them? According to new research by Lilien Ellis just published in June 2022, it seems like stealing other people’s ideas is seen as being much worse. Through a series of experiments, Ellis investigated how someone would be perceived by others if they found out that they had stolen either an idea from someone else, or had stolen money.

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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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How Businesses Can Optimize Well-Being in the Evolving World of Work

Business and Tech

As organizations of every size strive to optimize individual and organizational well-being in evolving workplace models, employers are facing greater competition for talent. Mary Imboden, Ph.D. Director of Research, HERO. Sara Johnson, Ph.D. Senior Research Fellow, HERO. According to recent reports, mental health has been identified as the next global pandemic, and rates of burnout are at an all-time high.

Roadmap 130
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Zen vs. Zoom: Is Person-to-Person Interaction Better for Innovation?

InnovationManagement

The author draws upon the theory of “emptiness” and other principles of Zen Buddhism to evaluate the desirability of remote vs. person-to-person interaction during the course of innovation, especially new idea development. This evaluation is pursued within the context of three related idea process parameters: interdependence, intuition and intensity.

Course 108
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The 3 Most Common Excuses for a Lack of Innovation – and How You Can Conquer Them

Entrepreneur - Innovation

Below are three everyday excuses you may hear in your own organisation that may make your hairs stand on end, and set alarm-bells ringing. Included are some tips on how you can make excuses a thing of the past, while creating real innovation for the future.

Tips 104
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i3: A market-creating initiative for African healthcare innovators

Christensen Institute

Picture someone you love. Now imagine that person falls sick and cannot access the medicines they need to get better. This is the daily reality of hundreds of millions of Africans, where less than half the continent’s population has access to affordable medicines when they need them. This problem results in the unnecessary death of millions of Africans annually.

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Software Composition Analysis: The New Armor for Your Cybersecurity

Speaker: Blackberry, OSS Consultants, & Revenera

Software is complex, which makes threats to the software supply chain more real every day. 64% of organizations have been impacted by a software supply chain attack and 60% of data breaches are due to unpatched software vulnerabilities. In the U.S. alone, cyber losses totaled $10.3 billion in 2022. All of these stats beg the question, “Do you know what’s in your software?