November, 2022

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3 Important Things That Monkeys Can Teach Us About Business And Life

Digital Tonto

G. H. Hardy, widely considered a genius, wrote that “For any serious purpose, intelligence is a very minor gift.” What he meant was that even in purely intellectual pursuits, such as his field of number theory, there are things that are far more important. It was, undoubtedly, intellectual humility that led Hardy to Ramanujuan, perhaps his greatest discovery of all.

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What makes the Innovation Ecosystem different?

Paul Hobcraft

In the past few months, I have been writing consistently on the need to change our innovating process, thinking and designs into Innovation Ecosystem ones. Source: tmforum.org. In October, for example, I wrote, “ Why do we need to change our thinking about innovation “ I continue here with some more arguments of “why” we need to move towards an innovation ecosystem in design and thinking.

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Do you have plans or planners?

Jeffrey Phillips

I'm diverging a bit from my normal focus on innovation and strategy to write a brief piece on planning. You see, planning is vital for strategy and for innovation, and is so ubiquitous that no one in corporate America believes that they lack for planning. Planning is vital for innovation because planning is the concept of thinking ahead - getting ahead of the market, of competition, of customers.

Agile 265
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Balancing your innovation portfolio: Does the 70-20-10 rule still apply?

Idea to Value

How much of your innovation budget and innovation efforts should focus on improving your existing business, and how much should seek to explore and transform your business for the future? This is one of the fundamental strategic questions which every business leader needs to consider. One of the best ways to assess what proportions your company should allocate to different types of innovation projects is by looking at your current and desired innovation portfolio.

Project 284
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The Project Clinic: Assessing Project Health, Planning, and Execution

Speaker: Ketan Jahagirdar

Picture your projects as patients, each with its own unique rhythm and pulse, thriving under your care 🥼 🩺 Step into the role of an innovative project doctor in our upcoming webinar! This session is your guide to evaluating the health of your projects through Waterfall and Agile practices like Scrum and Kanban. We’ll explore the vital signs of project success through the lens of the “iron triangle” metrics, using deliverables as tracers.

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8 Misconceptions about Minimum Viable Products

IdeaScale

One thing consistently successful innovation programs do, is test their concept during the development process. Whether physical or intangible, it’s rare that a final product is precisely what you initially envisioned. During the development process, your product is likely to evolve. While the end objectives remain the same, they may be expanded or revised.

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Why Your Idea Will Probably Fail To Survive Victory

Digital Tonto

In the two decades I have been researching transformation and change, the failure to survive victory is probably the most consistent aspect of it. In fact, it is so common you can almost set your watch by it. Amazingly, no matter how many times change advocates experience it, they rarely see it coming. Many, in fact, seem to take pride in how many battles they have lost, seeing it as some kind of badge of honor.

Policies 218

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The linkages of innovating purpose

Paul Hobcraft

The linkages of innovation purpose. Whenever I get into conversations about innovating, we always hit difficulties on the question, “how can I build this well and be sustainble?” Hence, I often try to build an extended narrative for what makes up the innovation capability building and understanding for the future. I frame this as the linkages of innovation purpose.

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L.I.V.E. (Lean Innovation, Validation & Execution): A new, more effective way to manage multiple innovation projects

Idea to Value

This new management method makes it nearly impossible for innovation teams to fail at delivering multiple challenging innovation projects faster, with less risk and lower required budgets. Most innovation experts often say that traditional management processes are not the way to run innovation projects. And this is true. Traditional project management and financial management processes and principles are designed to produce robust plans for exactly how a project should run, and select only proje

Project 241
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E-Bikes Are the New Green Mobility Solution

Business and Tech

Sara Wainer, who manages business priorities and communications for the USA market at Specialized Bicycle Components, discusses the importance of zero-emissions vehicles and the future of e-bike transportation. Sara Wainer Executive Assistant (USA), Specialized Bicycle Components. What does the future of transportation look like in the coming years?

Data 246
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Time for Innovation 2.0

Jeffrey Phillips

I've been writing about innovation for close to 20 years. During most of that time, I've had the good fortune to lead innovation projects for clients as well. The work I get to do, and the material I see online and read in (yes, I still read paper magazines) has provided a lot of fodder for this blog over the years. There are kids out there, getting ready to graduate from college, who were just being born when I started doing innovation work.

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Generative AI Deep Dive: Advancing from Proof of Concept to Production

Speaker: Maher Hanafi, VP of Engineering at Betterworks & Tony Karrer, CTO at Aggregage

Executive leaders and board members are pushing their teams to adopt Generative AI to gain a competitive edge, save money, and otherwise take advantage of the promise of this new era of artificial intelligence. There's no question that it is challenging to figure out where to focus and how to advance when it’s a new field that is evolving everyday. 💡 This new webinar featuring Maher Hanafi, VP of Engineering at Betterworks, will explore a practical framework to transform Generative AI pr

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We Can’t Define The Change We Want To Pursue Until We Define Who We Want To Be

Digital Tonto

Today, we stand on the precipice of a new paradigm. We’ve suffered through a global financial crisis, a pandemic and the most deadly conflict in Europe since World War II. The shifts in technology, resources, migration and demography are already underway. The strains and dangers of these shifts are already evident, yet the benefits are still to come.

Change 242
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12 open innovation best practices for the year to come

HYPE Innovation

Did you know that not that long ago, drones were one of the bestselling Christmas presents ?

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Try Something Different

Destination Innovation

“If you always do what you’ve always done, you always get what you’ve always got.” This trite saying crops up all over the place. It is variously attributed to Henry Ford, Albert Einstein, Tony Robbins, Marian Diamond and several others. The trouble is that it just is not true. The world changes. It is volatile and uncertain. Things which worked well last year might work better this year but, more likely, they will work worse or not at all.

Marketing 152
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If you want someone to make a decision, give them fewer choices

Idea to Value

We often think that giving people more choices is better than having fewer choices. After all, wouldn’t we all want to have the option of getting something perfectly suited to our desires, than having to settle for what is available on the shelf? However, research has shown that if you want people to make a decision, sometimes having too many choices can make people less willing to make a decision at all.

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Leading the Development of Profitable and Sustainable Products

Speaker: Jason Tanner

While growth of software-enabled solutions generates momentum, growth alone is not enough to ensure sustainability. The probability of success dramatically improves with early planning for profitability. A sustainable business model contains a system of interrelated choices made not once but over time. Join this webinar for an iterative approach to ensuring solution, economic and relationship sustainability.

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When Not to Innovate

IdeaScale

While many of your products and services will need to evolve, not every wheel needs to be reinvented. Or, not at the present moment. In your effort to maintain your competitive edge, you and your team are sure to be brainstorming what’s next. While ongoing innovation is essential for sustainability, you must ensure you [.].

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Surrounded: When disruption hits on all sides (Part 2)

Christensen Institute

In Part 1 of this blog series, I highlighted that disruption in health care is increasingly present at many points along the consumer value chain. Key takeaways to recall from that first post are as follows: Disruption doesn’t stop where it starts. New entrants are rewriting the rules of competition and have asset-light business models with which incumbents must now compete.

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What You See Is How You’ll Act

Digital Tonto

Take a moment to think about what the world must have looked like to J.P. Morgan a century ago, in 1922. The disruptive technologies of the day, electricity and internal combustion, were already almost 40 years old, but had little measurable economic impact. Life largely went on as it always had and the legendary financier lorded over his domain of corporate barons.

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Why Humility Is Key to Being a Successful Leader

Tullio Siragusa

Why Humility Is Key to Being a Successful Leader. Humility can be an important quality for a leader to have, especially CEOs. It can help them be open to hiring people who are more skilled or knowledgeable in certain areas. . This can be particularly important for building a strong team, as it allows the CEO to surround themselves with individuals who bring a diverse range of expertise and experience to the table.

Culture 98
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Navigating the Future: Generative AI, Application Analytics, and Data

Generative AI is upending the way product developers & end-users alike are interacting with data. Despite the potential of AI, many are left with questions about the future of product development: How will AI impact my business and contribute to its success? What can product managers and developers expect in the future with the widespread adoption of AI?

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The Meaning of Hoshin Kanri: What, Why, and How

Kainexus

We are fortunate enough to get to spend a lot of time chatting with customers and other organizations that are interested in continuous improvement about how they approach the need for constant positive change. Many techniques that are used in the Lean and Six Sigma management approaches come up during these conversations, but one which seems to be less understood than many others is Hoshin Kanri.

LEAN 102
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Why Facebook needed to let go of 13% of their workforce

Idea to Value

While the massive layoffs at meta are terrible, it sadly shows one of the major issues that companies struggle with when they try to grow and innovate too quickly … facebook tried a huge number of innovation projects which failed. But this was not the problem. As I read in a wonderful WIRED article : Remember Libra, Meta’s ambitious plan to enter the cryptocurrency market?

Project 241
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How to Build and Maintain a Strong Company Culture

IdeaScale

Company culture is more than just a mission, vision, and value statement. It's a set of shared values, beliefs, and expectations that serve as guiding principles for everyone in an organization. Culture is the glue that holds the company together and keeps it strong. It influences how employees interact with and engage one another, [.].

Culture 130
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The one pledge leaders should make at this year’s climate conference?

Christensen Institute

What if world leaders pledged that there would be no major climate conference in 2023 unless certain climate goals are met after this year’s conference? In essence, no COP28 if COP27 promises and pledges go unfulfilled. It’s no secret that since 1995, when the first COP event was held, annual global CO2 emissions have risen by more than 50%. As Michael Horn and I highlighted in this article in June, even though more than 99% of scientists agree that climate change is serious and that humans are

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Turn Payments Into Personalization: Unlock the Value of Transaction Data

Speaker: David Nisbet, Everett Zufelt, and Michaela Weber

Once upon a time, in the vast realm of online commerce, there lived a humble checkout button overlooked by many. Yet, within its humble click lay the power to transform a mere visitor into a loyal customer. 🧐 💡 Getting checkout right can mark the difference between a successful sale and an abandoned cart, yet many businesses fail to make payments a part of their commerce strategy even when it has a direct impact on revenue.

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4 Reasons Why Looking 'Different' Helped Me Become a Stronger Leader

Entrepreneur - Innovation

People who feel like they don't "fit in" often struggle in social situations. Yet, this plight can also be the single best developer of leadership skills any ambitious, hard-working entrepreneur could hope for.

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A Day in the Life of Analytics Engineer, Kaley Coddens

Planview

At Planview, we truly believe anything is possible when people work together on the things that matter most. When we break down silos and collaborate across all levels, functions, and borders, we see our people succeed. When our people succeed, so does our business. Our analytics teams play a central role in collaborating with teams across the enterprise and supporting our global teams.

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How to Align Continuous Improvement with Strategic Goals

Kainexus

One might think that any organization with leadership and employees dedicated to continuous improvement would slowly trend toward success. However, it takes more than a desire to implement positive change to get there. Continuous improvement is part of a strategic process that advances critical goals and objectives. Organizations that demonstrate operational excellence are aligned and working toward the same ends.

How To 97
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Nine pregnant women cannot deliver a baby in one month

Idea to Value

Some things just take time. Traditionally, one of the best ways to speed up the delivery of a project is to allocate more resources to it. After all, if one construction worker can lay 1,000 bricks in one day ( note, this is just a guess… ), then a hundred construction workers could lay up to 100,000 bricks in a day, meaning the project would only take 1/100th of the time to complete ( assuming the project outcome is supposed to just be a pile of bricks… ).

Project 236
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The Key to Sustainable Energy Optimization: A Data-Driven Approach for Manufacturing

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. 📊 Join us for a practical webinar hosted by Kevin Kai Wong of Emergent Ene

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Types of Innovation

InnovationManagement

Innovation is an important part of staying competitive in any market, and most businesses would say it’s a high priority for their organization. When thought about abstractly, however, it’s hard to imagine how innovation can impact current and future opportunities. In order to better understand how innovation can have a tangible impact, we created [.].

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Only out-of-the-box solutions will tackle the root cause of what ails schools

Christensen Institute

As members of the media have bemoaned the tragic results of students on the latest National Assessment of Educational Progress (NAEP)—also known as the nation’s report card—many have been all too willing to jump into the game of who is responsible. Yet, few have sought innovative solutions to change the fundamental underlying reality: today’s schools were not built to maximize each and every student’s learning.

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3 Startups Making a Big Difference with Small Innovations

Entrepreneur - Innovation

Most innovation is not a game-changer or breakthrough in nature. It is about creating novel and valuable solutions to problems and small but effective adaptations to processes, ways of working and models.

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Leading Innovation Through Crises with Dr. Stephen Tang

Viima

We’re continuing our series of interviews with leading innovation experts. This time we’re interviewing Dr. Stephen Tang on leading through crises and embracing innovation in the process of doing so. He originally earned a PhD in Chemical Engineering and later added an MBA from Wharton, and he has a long and storied career spanning over three decades.

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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