July, 2020

article thumbnail

Where to focus your innovation resources for the most impact

HYPE Innovation

Communities around the globe have been disrupted on an unprecedented scale. As a society, we continue to address the Covid-19 pandemic and its impact on both people and business. We’re considering the damage done, contemplating recovery efforts, and thinking about lessons learned. Beyond the painful personal losses communities are facing, many people worldwide are facing a significant economic recession.

Resources 232
article thumbnail

Sharply accelerating clean energy innovation

Paul Hobcraft

Today the International Energy Agency (IRA) released a long-awaited update on where innovation needs to be in the energy transition we are undergoing. At their own admission, it has been three years since they (IEA) released its last Energy Technology Perspective (ETP) report. Although they argue they have been reflecting on the critical technology challenges, it is way overdue.

Policies 191
Insiders

Sign Up for our Newsletter

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

article thumbnail

Government Hackathons: Five Steps to Success

IdeaScale

Friendly competition can bring out the best of us, and when developing government innovation, hackathons can help solve certain challenges through crowdsourced innovation and build engagement across your constituency. So how does it work, and how can you hold an effective government hackathon? Set Up Resources A good hackathon gives everyone who takes part in … Continued.

article thumbnail

4 Lessons We Can Learn From The Digital Revolution

Digital Tonto

Probably the most important thing that the digital revolution has to teach us is that technology should serve people and not the other way around. If we really want to change the world for the. [[ This is a content summary only. Visit my website for full links, other content, and more! ]].

Learning 138
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

5 Key Skillsets of an Innovation Manager

IdeaScale

The role of an innovation manager is diverse. It cannot be described in one single job description. Instead, it is defined by the skills needed to embrace disruption and invoke change. Innovation managers may be referred to by various titles. These can include: Chief Innovation Officer Head of Innovation Innovation Portfolio Manager Some innovation manager … Continued.

article thumbnail

Four Ways to Innovate Right Now

InnovationManagement

While the pandemic has been difficult for all us economically, as business owners, we never run out of opportunities. No matter the business climate, there is always a chance to do something new and something better—you just have to find it. The post Four Ways to Innovate Right Now appeared first on InnovationManagement.

More Trending

article thumbnail

Celebrate Failures as Much as The Successes

Strategyzer Innovation

In most companies, incentives are tied to success (e.g. sales targets, revenue). But this approach does not work for innovation. In order to succeed at innovation, companies need to build a portfolio with a pipeline of projects and accept that most of these will fail before you find one that works. As such, in order to succeed you can't just incentives and reward the successful projects.

Project 135
article thumbnail

Can Creativity Be Learned? 5 Best Practices to Fuel Innovation

IdeaScale

Do you possess a creative and innovative mindset? Some people think these traits are innate while others are convinced they can be learned. Evidence shows these are teachable behaviors. Innovation research reveals only 25-40% of innovation comes from genes. Are you looking for more ways to fuel innovation? These five skills will help you and your team … Continued.

article thumbnail

Living in the New Reality: The Reinvention Ultimatum

Innovation Leader

Fiona Grandi of KPMG LLP shares a simple framework to reinvent your business strategy across five primary pillars: employees, customers, financial model, supply chain and ecosystem, and unknown-unknowns.

article thumbnail

Moving for work might be a thing of the past with HR-tech enabled virtual immigration

Board of Innovation

The uptick in working from home is eliminating the need for long commutes, suits, and visas, says HR-tech and virtual-immigration expert Anita Lettink. The post Moving for work might be a thing of the past with HR-tech enabled virtual immigration appeared first on Board of Innovation.

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

Timing of Innovation – Getting the Odds On Your Side

Idea to Value

When it comes to innovation, there are countless ways things might go wrong. However, one of the most prevalent ones is incorrect timing. If you manage to get the timing just right, your innovations will obviously benefit from huge tailwinds when entire industries are transitioning from the old to the new with you riding at the top of the wave. With the right timing, even mediocre execution can lead to extraordinary results.

article thumbnail

Innovation has the power to unlock the Energy Transition

Paul Hobcraft

The energy shifts undergoing in the energy transitions today are allowing real innovation opportunities when you survey the innovation landscape. There is complexity in all the energy transitions going on. Still, it is the ones that can see the possibilities and ‘energize’ through new innovative solutions that hold the future in our hands to capitalize upon as fast as we can.

System 223
article thumbnail

Why Innovation Takes More Than Genius

Digital Tonto

The truth is that genius can be exceptionally fragile. Making a breakthrough takes more than talent. It requires a mixture of talent, luck and an ecosystem of support to make an idea into something. [[ This is a content summary only. Visit my website for full links, other content, and more! ]].

article thumbnail

Future-Forward Thinking Outstrips ‘Back to Normal’ Mindset

IdeaScale

Disruption is what drives innovation and positive change. Successful innovation strategies include the forward-thinking mindset that helps you move beyond the status quo and develop new ways of thinking. Embrace Change Change is inevitable. It is what keeps businesses moving forward, and helps them gain momentum in times of upheaval. Moreover, change removes the ‘back … Continued.

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

Human Creativity: The Critical Survival Skill of the 4th Industrial Revolution that Cannot be Automated

InnovationManagement

While 4th Industrial Revolution technologies are fast becoming the way to go in the world of the "new normal," they are driven by something far superior to robots: human creativity. Let's have a look at the importance of creativity in this article. The post Human Creativity: The Critical Survival Skill of the 4th Industrial Revolution that Cannot be Automated appeared first on InnovationManagement.

Industry 142
article thumbnail

Building trust and personal connections in the Low Touch Economy

Board of Innovation

The last few months were not easy for any professional who, in normal times, relies on being close with their customer. E.g. Sales representatives, fundraisers, recruiters. and still are, reinventing how to do business. We collected plenty of feedback from different industries. The following list can give some inspiration on how to create more valuable interactions.

Industry 144
article thumbnail

Podcast S3E68: Scott Anthony – How leaders delude themselves about innovation

Idea to Value

In today’s episode of the Idea to Value podcast, we speak with Scott Anthony, Senior Partner of Innosight. We speak about some of the insights from his upcoming book Eat, Sleep, Innovate , and how the current pandemic is going to change many industries in the near future. Topics covered in today’s episode: 00:02:00 – Scott remembers Professor Clayton Christensen, and his ability to tell stories to explain innovation. 00:05:30 – What does it really take to innovate?

article thumbnail

Taking Final Ideas to Market is the Hardest Part

Paul Hobcraft

It seems so simple doesn’t it – “bringing final ideas to market”. So easy to say, yet it does seem so very hard to achieve. Everything we should be aiming at is ‘successful execution’, it’s the last, hard five yards of all the work that went into something, which can be finally realized and come to ‘commercial life’. Here in Europe, it is often suggested that “Europe is the cradle of creativity”, perhaps but I think the United States is “the crucible of innovation”, it forges ideas and tak

Marketing 235
article thumbnail

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.

article thumbnail

To Drive Change Forward, You First Need To Build A Shared Purpose. Here’s How:

Digital Tonto

Today, most essential element of a leader’s job today isn’t so much to plan and direct action, but to inspire and empower belief in a common mission. Revolutions do not begin with a slogan, they. [[ This is a content summary only. Visit my website for full links, other content, and more! ]].

Change 152
article thumbnail

Comfort with Chaos: the Innovation Leader’s Mindset

IdeaScale

Chaos is something many organization leaders try hard to avoid. Generally, employees are expected to perform tasks in an analytical, well-organized fashion without deviating from the plan. But innovation leaders know the value of chaos, and how a certain amount of it is necessary for experimentation. This is what helps a company thrive and grow. … Continued.

article thumbnail

8 Major Challenges Faced By Data Scientists

Acuvate

8 Major Challenges faced by Data Scientists Organizations across the globe are looking to organize, process and unlock the value of the torrential amounts of data they generate and transform them into actionable and high value business insights. Hence, hiring data scientists – highly skilled professional data science experts, has become super critical.

Data 134
article thumbnail

How do I make a circular economy business model?

Board of Innovation

From pre-production to post-consumption, circular business models are the future of the globalized economy. We've listed three principles you need to follow when creating a circular business model. The post How do I make a circular economy business model? appeared first on Board of Innovation.

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.

article thumbnail

Podcast S3E67: Steve Blank – History and lessons of the Lean Startup method

Idea to Value

In today’s episode of the Idea to Value podcast, we talk with Steve Blank, senior innovation fellow at Columbia University, serial entrepreneur and the founder of the Lean Startup movement. We speak about what makes a successful startup, what large companies get wrong about innovation and how he has seen Lean Startup evolve and change over the past few years.

LEAN 227
article thumbnail

From MW to GW’s of Renewable Hydrogen using Electrolyzers

Paul Hobcraft

I was listening to a short chat between Armin Schnettler, the SVP New Energy Business, Siemens Energy, and Kevin O’Donovan. Kevin, without doubt, is an outstanding, knowledgeable technology evangelist for all things relating to the Energy Transition. The two briefly discussed green Hydrogen and where Electrolyzers will fit within the future strategy of building a broader Hydrogen business.

article thumbnail

Summer Reading List: 9 Books That Will Help You Understand The Covid Crisis

Digital Tonto

This summer, I’m focusing my reading list on books that will help you understand the Covid crisis better. Related posts: Summer Reading List: Books That Explain The Future. Summer Reading List: [[ This is a content summary only. Visit my website for full links, other content, and more! ]].

111
111
article thumbnail

2020 IM Awards: PSA International

IdeaScale

Building an Inclusive Innovation Process. The Need to Innovate at PSA International But prior to 2016, innovation was driven purely by respective business units across the organization around the world and ideas were submitted mainly on paper or through email and manually routed to the relevant subject matter experts. There was no overview of the … Continued.

article thumbnail

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

article thumbnail

Meaningful Work in the Age of Automation

InnovationManagement

As we look ahead and reimagine the future of work, augmentation of humans and technology will enable employees to create more meaningful work. The post Meaningful Work in the Age of Automation appeared first on InnovationManagement.

article thumbnail

10 circular business model examples

Board of Innovation

Circular economy business models come in all shapes and sizes, depending on where they occur in the value chain. This diversity is what makes a circular economy dynamic and genuinely circular. This section describes some circular business model examples we think are great. The post 10 circular business model examples appeared first on Board of Innovation.

Examples 136
article thumbnail

Podcast S4E71: Dan Toma – Innovation Accounting and Key Performance Metrics

Idea to Value

In today’s episode of the Idea to Value podcast, we speak with author Dan Toma about the concept of Innovation accounting. Dan is the founder of Outcome and the co-author of the Corporate Startup. We go through how companies should measure innovation performance, and which Key Performance Indicators (KPIs) actually make sense for these types of projects.

article thumbnail

Why its Important to Give Innovators a Stake in Innovation Success

Strategyzer Innovation

To build a portfolio of innovation projects, companies need people that have an entrepreneurial mindset. This is different from the managerial mindset that is needed from people working on your portfolio of existing businesses. Now, imagine an innovator who repeatedly creates new multi-million dollar businesses for an organization but has no real stake in that success.

article thumbnail

From Whims to Wins: How a Customer-Centric Portfolio Transforms Product Strategy

Speaker: John Mansour - President, Product Management University

You know that sinking feeling. You’ve come up with a winning product strategy, everyone’s on board and energized, and you’re halfway down the path to execution only to have it submarined by something someone convinced your leadership was more strategic! It’s a scenario that’s all too familiar, and it exemplifies one of the biggest struggles with individual product strategies.