February, 2024

article thumbnail

Why are Innovators Curious Like Cats?

IdeaScale

As the tidal wave of Artificial Intelligence continues to disrupt many aspects of our lives, there is one skill it has yet to emulate, according to a recent article by the Singularity Hub “OpenAI’s GPT-4 Scores in the Top 1% of Creative Thinking”: “Of all the forms of human intellect that one might expect artificial [.

article thumbnail

Science Fiction Becomes Innovation Reality This Way

Innovation Excellence

GUEST POST from Greg Satell When H.G. Wells was born in 1866, there was no electricity or cars or even indoor plumbing. Still, his active imagination conjured up a world of time machines, space travel and genetic engineering.

Insiders

Sign Up for our Newsletter

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

article thumbnail

AI And Innovation Will Play A Pivotal Role In The Healthcare Industry, How?

IdeaScale

No doubt, one of the most important industries today is the healthcare industry. According to reports, the global healthcare industry is estimated to be $7.9 trillion. On the other hand, the North America healthcare market is about $1trillion comprising of 12.5% of global healthcare market share. To put that in perspective, the North America [.

Industry 147
article thumbnail

We Need To Embrace The Genius Of The Obvious

Digital Tonto

Ockham’s Razor, or the “principle of parsimony,” is often interpreted as another version of the KISS (Keep It Simple Stupid) rule. Yet it is far more profound than that. A far more accurate translation from the original latin is, “Entities must not be multiplied beyond necessity.” In other words, we should think before we add things that complicate matters.

Course 137
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

The building blocks of open innovation lead towards Business Ecosystems.

Paul Hobcraft

The building blocks of open innovation building towards Business Ecosystem design. By incorporating Open Innovation Strategies as the next building block, businesses can create a dynamic and expansive innovation ecosystem beyond internal and partnership and certain collaborative boundaries. This approach supports a culture of continuous learning, adaptation, and external collaboration, positioning the organization for sustained success in an ever-evolving business landscape that recognizes and l

article thumbnail

Unlocking Success: Leveraging Startup Innovation with Corporate Venture Capital

Leapfrogging

The Intersection of Corporate Growth and Startup Innovation Defining Corporate Venture Capital Corporate Venture Capital (CVC) is the investment of corporate funds directly in external startup companies. This form of venture capital is characterized by its dual objectives of achieving financial returns and strategic value. CVC can be an integral part of a corporation’s broader innovation strategy, providing both the capital necessary for startups to scale and the strategic support to navig

More Trending

article thumbnail

How to Make Peace with a Company Decision You Don’t Like

Harvard Business Review

In our work, there are times when we lead but there are also times when we must follow — and we may not always agree with the path we’re told to follow. We may feel “stuck” in anger, anxiety, and confusion. But, we want to demonstrate resilience to our team and we want to maintain a good relationship with management. So, how do we forge ahead and follow with grace?

How To 136
article thumbnail

The Innovation Maturity Model for The Public Sector (IMS-Gov)

IdeaScale

In the spring of 2019, the TIM Foundation was contacted by the Dutch national government requesting if TIM Foundation would be willing to cooperate in setting up an innovation maturity model for the central Dutch government. TIM Foundation already possessed such a reference model that had been developed over the past 14 years in cooperation [.

article thumbnail

If You Want To Tell A Kick-Ass Story, Do These 3 Things

Digital Tonto

Some years back I was invited to visit the Institute for Advanced Study in Princeton. Over the years many of the world’s greatest minds have taken up residence there. It was where Einstein, along with other giants like Oppenheimer, von Neumann and Gödel, would reside until his death in 1955. It is a place, for me at least, in which stories permeate from every corner and crevice.

Study 191
article thumbnail

Examples of Businesses navigating complexity by fostering Ecosystems.

Paul Hobcraft

Achieving Meaningful Change through Business Ecosystems Achieving Meaningful Change through Business Ecosystems Achieving Meaningful Change through Business Ecosystems Several business organizations have committed to navigating complexity, fostering dynamism and originality in approaching innovation and business ecosystems. These have been addressing and adapting to these rapidly evolving changes by quickly spotting and seizing the potential of exploring new ways to undergo business.

Examples 148
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

The Key to Success: Essential Qualities of a Good Keynote Speaker

Leapfrogging

Introduction to Keynote Speaking Keynote speaking is a pivotal element of many corporate meetings and events, setting the tone and establishing the framework for the entire occasion. It is a specialized form of public speaking that requires a unique set of skills and attributes to be effective. The Role of a Keynote Speaker A keynote speaker holds the influential role of opening an event with a speech that encapsulates the core message and theme of the meeting.

article thumbnail

Many Employees Fear Being Replaced by AI — Here's How to Integrate It Into Your Business Without Scaring Them.

Entrepreneur - Innovation

There's no need to convince employees of the merits of artificial intelligence — just show them they are about to become more relevant, not less.

article thumbnail

How to Make Small Talk with Anyone from Anywhere

Harvard Business Review

Meet-and-greet conversations can be uncomfortable. And they can feel especially daunting when you’re paired with strangers from different cultures, like when networking in a global business context. In this setting, light and introductory-style conversations (what some of us know as “small talk”) can be very helpful, and even necessary. Small talk is a quasi-universal tool for initiating conversations with strangers from different cultures, for building a quick rapport, and for planting the seed

How To 134
article thumbnail

The Nearness of Customer Insight

IdeaScale

The Problem Customer research is needed to discover new needs or to gather impressions of existing products. But the process can be daunting- designing the study, gathering the resources, then spending the time required to pull it off - my God the time! All these perceived necessities tend to hold us back. Besides, we’ve been [.

Study 130
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

How “True Believers” Can Undermine Change

Digital Tonto

In The Righteous Mind, social psychologist Jonathan Haidt makes the point that many of our opinions are a product of our inclusion in a particular team. Because our judgments are so closely intertwined with our identity, contrary views can feel like an attack. So we feel the urge to lash out and silence opposition. That almost guarantees a failure to survive victory.

Change 140
article thumbnail

New Business Designs can be delivered through a Business Ecosystem Approach.

Paul Hobcraft

New Business Design- Empower Your Business Ecosystem. When looking at radically different thinking and design in business, where Ecosystems become central, you need to ask yourself what industries would benefit from such an alternative design and thinking due to the changing complexities and challenges they are facing. Are these pressures in their known and emerging markets posing future threats for businesses and whole market sectors?

Design 148
article thumbnail

Announcing the Second Edition of Charting Change

Innovation Excellence

Thanks to the popularity of the First Edition of Charting Change, I am privileged and excited to announce the early availability of the Second Edition of Charting Change, my best selling book on planning and executing organizational change and transformation used as a course book by universities around the world.

Change 112
article thumbnail

As a Black Woman CEO, I Built a Remote Company Not Just to Save Money — But to Mirror My Commitment to Diversity. Here's How.

Entrepreneur - Innovation

To fuel innovation and global success, you absolutely need diverse perspectives — and having team members all across the world with varying thought processes, life experiences and viewpoints is the key.

Company 109
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

Find the AI Approach That Fits the Problem You’re Trying to Solve

Harvard Business Review

AI moves quickly, but organizations change much more slowly. What works in a lab may be wrong for your company right now. If you know the right questions to ask, you can make better decisions, regardless of how fast technology changes. You can work with your technical experts to use the right tool for the right job. Then each solution today becomes a foundation to build further innovations tomorrow.

Tools 136
article thumbnail

10 Jaw-Dropping Examples of Innovation in the Workplace that Will Inspire Your Team to Think Outside the Box

IdeaScale

Innovation is the key to success in any business. With the rapidly changing business environment, it has become more important than ever to foster a culture of innovation in the workplace. In this blog, we will share 10 jaw-dropping examples of innovation in the workplace that will inspire your team to think outside the box. [.

Examples 130
article thumbnail

What should schools do about AI?

Christensen Institute

“I feel like we’re in that era for these language processing technologies right now in that we have a brand new tool [but] we’re not entirely sure what using that looks like. … Not nearly as many people are asking ‘How does this help us solve our problems better?’ and a lot more people are asking ‘How do I put this into my product so my board of directors is happy?

article thumbnail

Qmarkets and Arable Ventures Launch Partnership to Provide Combined Corporate Venturing Software & Consultancy Services

Qmarkets

A new partnership between Qmarkets and New York-based innovation and venture strategy firm Arable Ventures will provide a specialized innovation solution for enterprises across North America comprising both strategic consultancy services and dedicated software. Qmarkets works with consulting partners around the globe in order to offer localized support and strategic guidance to its customers wherever they are situated.

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

Business Pundits Love to Say These 4 Untrue Things

Innovation Excellence

GUEST POST from Greg Satell Go to just about any business conference and you will see a pundit on stage. He or she will show some company that failed and explain the silly mistakes that they made, then follow-up with a few basic rules to help you avoid those pitfalls and become super successful.

article thumbnail

Turning Status Quo into Your Ally

Rmukesh Gupta

I recently read a blog post by Seth Godin titled, “The four cohorts of the status quo“ It reminded of the fact that as leaders, we need to understand the concept of status quo, how to leverage it and deal with it, as appropriate. This ability to not allow status quo to hinder our pursuits is a high leverage or impact skill for any leader.

How To 105
article thumbnail

What Employees Need from Leaders in Uncertain Times

Harvard Business Review

It’s one thing to lead through a normal range of uncertainty with its ups and downs. But how do you lead when the inflections, disruptions, dislocations, and other threat conditions pile up, as they have in the last few years? While the leader has little to no control over the external competitive environment, they have astonishing influence over the internal performance environment, including employee engagement, morale, and productivity.

article thumbnail

What is an Initiative in Government? Definition, Types, Purposes, and Examples

IdeaScale

What is an Initiative in Government? In the context of government, an "initiative" is defined as a specific action or proposal undertaken by government officials or agencies to address a particular issue, achieve a specific goal, or implement a new policy or program. Government initiatives can take various forms, including legislative proposals, executive orders, administrative [.

Examples 130
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

Students need internships, but internships need disrupting

Christensen Institute

Strada and Burning Glass Institute’s new Talent Disrupted report made headlines this week conveying the indisputable crisis of underemployment that an astounding half of college graduates face. The report also confirmed what many in the field have long argued: internships are a critical ingredient in the college ROI equation. In fact, researchers found that graduates who had just one internship were far less likely to be underemployed.

article thumbnail

Addressing digital transformation project challenges | Sopheon

Sopheon

Regardless of industry, digital transformation projects are a top priority today. According to IDC , global digital transformation spending will grow to an estimated $3.4 trillion by 2026. Digital transformations are necessary, but they’re also painful. And they fail at a rate of about 70%, according to McKinsey.

Project 105
article thumbnail

Trust is the Answer to Any Question

Innovation Excellence

GUEST POST from Mike Shipulski If you want to make a difference, build trust. If you want to build trust, do a project together. If you want to build more trust, help the team do work they think is impossible. If you want to build more trust, contribute to the project in the background.

Project 106
article thumbnail

Becoming Better Communicators

Rmukesh Gupta

In this very insightful and a short clip, advertising legend Bill Bernbach talks about the difference between writing and communicating. The writer is concerned with what (s)he puts into his/her writing, whereas a communicator is concerned with what the reader gets out of it. (S)He therefore becomes a student of how people read and listen.

Learning 105
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.