November, 2015

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To accelerate innovation, focus on culture

Jeffrey Phillips

There's an old joke about perspective and laziness I love and have used before on this blog, because it illustrates many of the challenges (and opportunities) of corporate innovation. The joke goes that a young man steps out of a bar, and spies another person, obviously drunk, peering intently at the sidewalk under a street lamp. Curious, the guy just leaving the bar goes over to the drunk and asks "what are you doing?

Culture 290
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Constructing Innovation as Value Management

Paul Hobcraft

Innovation needs to create value, both short-term and progressively over time. It fuels the growth and fires the imagination. Yet our innovation activities are constantly coming up short for the leaders within our organizations, who continue to remain disappointed in its final outcome to stimulate and drive the growth they want to see. It is actually the classic “chicken and egg”.

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Change Agents and the Future of Change Management

Braden Kelley

Recently I was identified in a mini research study as one of the top Key Opinion Leaders in change management on Twitter by Maven7, and they were curious about some of my opinions about organizational change, and asked me these … Continue reading →

Change 106
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Sitting on untapped potential – Exago’s director in ‘Switched on Leadership’

Exago

‘If you want to improve a process, enhance customer experience or create and perfect a product or service, the solution likely lies within your organisation.’ So, ‘Instead of using substitute brains, why not harness this collective intelligence to solve business. Read More. The post Sitting on untapped potential – Exago’s director in ‘Switched on Leadership’ appeared first on www.exago.com.

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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.

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How to Embrace, Rather Than Be Threatened By Disruptive Innovation

HYPE Innovation

Talk and action often exist in different universes. That's one reason why disruptive innovation sometimes appears to arrive out of nowhere. Plenty of organizations talk a good game about innovation, and meanwhile those who actually are innovative are busy changing the world.

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How To Write a Book in 45 Days

Matthew May

It came together fast. Perhaps too fast. The proposal and contract for a new book, that is. It took all of a couple weeks to go from a 1-page concept to signed contract. Most authors would rejoice at that kind of speed, and indeed I did. The problem was that under ordinary circumstances, the publisher would take a year to get the book out. Crazy, right?

How To 192

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Risk and Innovation frustrate me

Paul Hobcraft

I have been really struggling in the past few weeks. Partly a niggling health issue finally got resolved with a ‘delightful’ week in hospital, a couple of operations later, with a reasonably speedy recovery now thankfully under way. The plan of course was for me to really use this confinement period as one of those opportunities to catch up on an awful lot of reading around innovation, planning out some areas to focus upon in the coming months and year ahead.

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Building a Global Sensing Network – Revisited

Braden Kelley

When I first wrote about Building a Global Sensing Network I wrote in the specific context of the war for innovation and the need to make sure you’re fighting it outside your organization — not inside.

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It’s our anniversary, but you’re the one getting the gift!

Exago

As part of our eight-year anniversary celebrations, we’ve decided to give an amazing gift: one free idea management programme (software and services) for a whole year, starting January 2016. Could it be you? The winner will be able to: Use. Read More. The post It’s our anniversary, but you’re the one getting the gift! appeared first on www.exago.com.

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Don’t Choose the Least Bad, Choose the Best Possible

Destination Innovation

Phil Libin. I heard Phil Libin speak at the FT Innovate conference in London. He was a founder of Evernote and now works as a partner at General Catalyst who manage venture capital funds. He explained that when we compare different opportunities there is a natural inclination to select the least bad. This is because the primeval part of the brain is programmed to assess risk and to value the reduction of threat above opportunity.

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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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Unleash Your Visual Superpower!

Boxes and Arrows

From start-ups to banks, design has never been more central to business. Yet at conference after conference, I meet designers at firms talking about their struggle for influence. Why is that fabled “seat at the table” so hard to find, and how can designers get a chair? Designers yearn for a world where companies depend on their ideas but usually work in a world where design is just one voice.

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Exploitation and exploration go hand in hand

Jeffrey Phillips

Exploiting and exploring are two terms my good friend Paul Hobcraft uses to delineate the activities most corporations SHOULD be conducting every day. Exploiting existing models, processes, markets and frameworks to obtain all of the available revenue and profit possible. This concept of exploiting existing models and existing reality is something that today's corporation is relatively good at doing, if not completely optimized to do.

Marketing 177
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Building the new dynamics into our capacity to innovate

Paul Hobcraft

Do we know what are the dependencies and commentaries are for building and sustaining innovation success? How do you sustain innovation, is it more through the structuring of everyday work, by creating a particular set of social rules and resources that foster specific routines? We work really hard at maintaining these but often we end up with simply incremental innovation that might just ‘nudge’ the growth needle but does little more than sustain us in the present.

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Architecting the Organization for Change

Braden Kelley

In my last article and the first free download from the Change Planning Toolkit™ on The Five Keys to Successful Change™ we looked at the five different disciplines that must come together to make any organizational change effort (or even … Continue reading →

Change 174
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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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The challenge is on: ‘People@Liberty’ launched on Innovation Open Day

Exago

Liberty Seguros Portugal, awarded several times for being ‘a great place to work’ and promoting ‘excellence at work’, wants to take its employees’ creativity and engagement to a new level. The insurance company has set in motion the ‘People@Liberty’ programme, Read More. The post The challenge is on: ‘People@Liberty’ launched on Innovation Open Day appeared first on www.exago.com.

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The Open Economy

Digital Tonto

We can no longer think of success in terms of clawing our way to the top of the heap. Rather, we need to learn to nudge ourselves to the center of networks. Related posts: 4 Reasons Microsoft is. [[ This is a content summary only. Visit my website for full links, other content, and more! ]].

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User Research With Small Business Owners: Best Practices and Considerations

Boxes and Arrows

The majority of our work at Google has involved conducting user research with small business owners: the small guys that are typically defined by governmental organizations as having 100 or fewer employees, and that make up the majority of businesses worldwide. Given the many hurdles small businesses face, designing tools and services to help them succeed has been an immensely rewarding experience.

Tips 65
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The NYT’s 3-Month Courtship to Win Me Back

Matthew May

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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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Adaptive Strategy Matrix [Infographic]: exploration vs. exploitation?

Open Innovation EU

I recently ran into an article (Walrave et al 2011) that analyzed a simulation of investing in exploration vs. exploitation. The decision to invest in (mainly short-term oriented) exploitation or to invest in (mainly long-term oriented) exploration is one of the key concepts of management and often referred to as ambidexterity. Model of Exploration vs.

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Thought Leadership Builds Firm Value

Braden Kelley

Consulting firms sell expertise, and their currency is trust. Large consultancies like Boston Consulting Group, Bain, McKinsey, Deloitte, Accenture and others make their money from being a trusted advisor to companies around the world. Why do companies trust them?

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How innovation has become everyone’s job

Exago

We just cannot understand the evolution of idea management metrics without understanding first the evolution of innovation in the corporate world. What was considered an 'innovation' in the 50s, in the 70s? And how did we gauge its results? The post How innovation has become everyone’s job appeared first on www.exago.com.

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Marketers Need To Shift From Crafting Messages To Creating Experiences

Digital Tonto

Instead of carnival barkers, we must begin to think like concierges, helping and assisting customers as we collect data in real time. Related posts: Marketers Need To Rethink The Customer Decision. [[ 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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How to create a connected company (and how XPLANE can help)

Xplaner

A new kind of company is emerging. A kind of company that is more innovative, leaner and faster. Companies like Google, Amazon and Facebook, who seem to be able to operate at massive scale and still maintain the agility of a startup. Fascinated by these fast-moving, agile organizations, I spent several years researching how they operate. I wrote a book that summarized what I found, called The Connected Company.

Company 51
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Do Good Ideas Come from Collaboration or Conflict?

KindlingApp

Not every idea can be the best idea. When ideas (and idea-havers) go head-to-head, we usually anticipate one of two consequences. There will be collaboration, or there will be conflict. These are two divergent events, but their outcomes can be surprisingly similar. The Amazon Approach: Whose Idea Is Best (or Worst)? Amazon has recently made headlines for its ultra-competitve culture.

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The Three New Rules Of Growth Hacking

Faisal Hoque

How Do The Classic "7PS" Of Marketing Stack Up In The Era Of Social Media? The post The Three New Rules Of Growth Hacking appeared first on Faisal Hoque :: Entrepreneur | Author.

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Good Business Is the Best Art

Innovation in Practice

"Being good in business is the most fascinating kind of art. Making money is art and working is art and good business is the best art.". —Andy Warhol. Recognizing that business is an art form and that you, as a businessperson, are an artist is critical to surviving and thriving in the sharing economy. Leading brands must see themselves as artists of business first and agents of commerce second.

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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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The Vision of Transformation Requires Action, Not Just Words

BPI Thought Leadership Commentary

Around the world, CIOs preach the benefits of transformation as choirs of business executives back them up. This change will yield faster app development. It will improve customer service. It will tap into the swelling river of data. It will build a competitive advantage. And, most of all, it will widen the profit margin. Amen. The capabilities of hybrid IT and other cloud-enabled technology s.

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Why Organizations Fail

Digital Tonto

Most organizations are highly efficient at specific tasks, but often fail when presented with a problem they weren’t designed for. Related posts: Why We Need To Change The Software In Our. [[ This is a content summary only. Visit my website for full links, other content, and more! ]].

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Stop Frustrating Your Innovators

Innovation Excellence

A study among US companies shows that employees of corporations are eager to be entrepreneurial. More than half of those surveyed (52 percent) have pursued an entrepreneurial idea within their company. But what they lack, is support from their management. Only one in five employees feels supported by their management to be entrepreneurial.

Survey 44
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5 Ideas When an Uber-Positive Boss Crushes Creative Thinking

BrainZooming

We’ve certainly covered the heck out of how bad bosses , toxic cultures , and negative comments can crush creative thinking and creativity. These all dampen creative thinking because while ideas are in the awkward stage when someone has just envisioned them, the last thing you need is to attack them because they are outside the norm or aren’t fully-formed.

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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.