February, 2023

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The power of ecosystem thinking for resolving the innovation complexity of today

Paul Hobcraft

Applying ecosystem thinking to innovate complex and challenging problems “Opening up our thinking towards ecosystems will have a powerful effect, it alters the way we will approach problems today and in the future, ecosystems offer a greater potential for collaborative growth, impact and sustaining innovating value” Our understanding of innovation is changing; we are evaluating and changing our existing focus from closed (internal orientation) into open and far more collaborative innovation (ext

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Leaders will invest less in transformational innovation due to fears over the economy

Idea to Value

One of the biggest questions I am getting from businesses at the moment is what the potential impact of a recession or the slowdown of the economy might have on their innovation efforts. And according to a new report by Innovation Leader and KPMG USA called “ Benchmarking Innovation Impact, from InnoLead.” (available for download from Tuesday 7 Feb 2023), the outlook shows that there are potentially major problems ahead for innovation teams.

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7 Innovative and Inspiring Examples of Brand Repositioning

IdeaScale

It’s not ideal, but it’s a reality—some businesses hit a point of no return. Their core products are no longer relevant, the wave there are riding has crashed, or their demographic’s needs have shifted. While some businesses throw in the towel, others explore entirely new business models. The brands below slightly repositioned themselves, drastically expanded [.

Examples 264
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We Need To Stop Worshiping Algorithms

Digital Tonto

Humans can be irrational and maddening. Decades of research have shown that, when given the exact same set of facts, even experts will make very different assessments. Some people will be more strict, others more lenient. Some of us are naturally optimistic, others are cynics. A family squabble in the morning can affect the choices we make all day. So it’s not unreasonable to want to improve quality and reduce variance in our decision making by taking a more algorithmic approach by offering clea

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Scan to Success: How to Leverage QR Codes for Offline and Online Marketing Power

Speaker: Corey Daugherty, Head of Business Development at Flowcode & Georgette Malitsis, Senior Customer Success Manager, Enterprise at Flowcode

Let's explore the transformative power of QR codes in bridging offline and online marketing worlds. 📲 This new webinar featuring Corey Daugherty and Georgette Malitsis of Flowcode will dive into how innovative QR technology not only enhances traditional marketing strategies, but also drives meaningful customer engagement and analytics. Register today to gain practical knowledge on using QR codes to increase conversion rates, optimize customer journeys, and ultimately unlock a new realm o

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Empowering Your Leadership with Emotional Intelligence: Tips for Success

Tullio Siragusa

Empowering Your Leadership with Emotional Intelligence: Tips for Success As leaders, it’s not just about what we know, but also about how we interact with others and manage our own emotions. Emotional intelligence, or EQ, is the ability to recognize and understand our own emotions, as well as those of others, and use this information to guide our thoughts and actions.

Tips 118
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A Guide to Open Innovation Platforms: How to Unlock the Power of Collaboration

Viima

As the world continues to evolve at an accelerated pace, so does our pursuit of innovation. But the growing complexity of this world makes innovation more challenging. It’s no longer a one-person job (if it ever was). Yet, the myth of the solitary genius innovator persists in organizations that still believe that they can innovate alone, with no external help.

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Why Open Innovation is the Future

IdeaScale

Innovation is a crucial driver of progress and success in many industries, but traditional approaches to innovation may be insufficient in today's rapidly changing business environment. Open innovation is a new paradigm for innovation that is gaining popularity among forward-thinking businesses. In this article, we will explore the concept of open innovation, its benefits, and [.

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Anchoring: The bias which affects our ability to estimate & negotiate

Idea to Value

When you are about to negotiate, is it better to go first, or is it better to wait for the other person to show their hand and you then are able to adjust with more information? Well, according to the research, whoever provides the first piece of information has a major advantage, as the final agreed number tends to be closer to their initial suggestion.

Study 269
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We are possibly at a series of inflexion points. Here’s one

Paul Hobcraft

A shift in managing differently , a possible inflexion point We are possibly at a series of inflexion points in our current business environment. Here’s one you will be required to address. What seems to be occurring increasingly in many different market spaces is defining an opportunity that directly impacts the current status quo and then seeking to make some radical moves to achieve that differentiation.

Design 189
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Inside-out versus outside-in strategy: Which is better for your business?

HYPE Innovation

As a passionate customer insight strategist, I tend to prefer an outside-in business strategy, meaning one that looks at customers’ latent or hidden needs and translates them into solutions that will serve them. In other words, a strategy that focuses on co-creating value together with your customers.

Strategy 297
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Don’t Get Left Behind: Leveraging Modern Product Management Across the Organization

Speaker: Kat Conner

The challenge of delivering the right product at the right time while aligning with strategic objectives is more pressing than ever. Product management is evolving and gaining greater recognition as the means to creating this connection. Join our upcoming webinar and learn how to streamline your product development processes, infuse product thinking across the organization, and bridge the gap between vision and delivery.

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We Need To Learn How To Bridge Difference To Drive Creativity And Innovation

Digital Tonto

Our identity and sense of self drives a lot of what we see and do, yet we rarely examine these things because we spend most of our time with people who are a lot like us, who live in similar places and experience similar things. That’s why our innate perceptions and beliefs seem normal and those of others strange, because our social networks shape us that way.

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Five Unicorn Scaleup Strategies

Leapfrogging

Unicorns are privately held companies valued at $1 billion or more. Here’s the secret to Unicorn innovation. I had the chance to connect with a longtime friend and colleague, Matt May. He’s the author of numerous books and an expert on how lean principles can be used to drive innovation. His latest book, What a Unicorn Knows , is available on Amazon and reveals the secrets to building high growth startups.

Strategy 130
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Hyperfast Innovation By Crowdsourcing

IdeaScale

Crowdsourcing has emerged as a powerful tool to accelerate the timeline to innovative solutions. By leveraging the wisdom of the crowd and taking advantage of advances in technology, organizations can quickly leverage collective intelligence and user insights to drive and scale ideation. In this blog post, we’ll discuss what crowdsourcing for innovation is, the benefits [.

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Scott Kirsner & Alex Slawsby – Benchmarking Innovation Impact 2023: Podcast E164

Idea to Value

In today’s episode of the Idea to Value podcast , we speak with Innovation Leader management team of Scott Kirsner (previously on the podcast here ) and Alex Slawsby about the b reaking new InnoLead report “ Benchmarking Innovation Impact 2023 “ We cover the most important data on innovation teams, including the changes in appetite for different types of innovation projects based on the uncertainty in the coming 2023 economy.

Report 245
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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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Benchmarking Innovation Impact, from InnoLead

Paul Hobcraft

credit InnoLead and KPMG I have always welcomed the KPMG LLP-sponsored InnoLead benchmarking report; this is for the third year. I received a note from Scott Kirsner , who leads the team at Innolead, and he offered me a chance to read the report before its official release today at 12 PM ET time and suggested I can post anytime, so here goes. This report provides a definitive innovation benchmarking document for leaders in strategy, R&D, design, and other innovation roles inside large organi

Report 225
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Engaging complex networks: Solving problems that no one's thinking about

HYPE Innovation

We've all seen it. We've all experienced it. Most likely, we were in a group, a small team, or in some form of workshop. Maybe there was a little conflict. Two people looking at the same problem from different perspectives. They realize that they're both right but also wrong; from their perspective, they can only see part of the picture. Then the lightbulb goes on.

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3 Reasons Why Change Fails

Digital Tonto

People like to quote the ancient Greek philosopher Heraclitus, who said things like “the only constant is change” and “no man ever steps in the same river twice, for it's not the same river and he's not the same man.” They’re clever quotes and they give us confidence that the change we seek is not only possible, but inevitable. Yet while change in general may be inevitable, the prospects for any particular change initiative are decidedly poor and the failure to recognize that simple fact is why

Change 225
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ChatGPT on Business Innovation Ecosystems

Ecosystems4Innovating

Discussing with ChatGPT about Business Innovation Ecosystems, their value and progress

ChatGPT 237
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How to Optimize Call Monitoring: Automate QA and Elevate Customer Experience

Speaker: Laura Noonan, Chief Revenue Officer at CallFinder + Angie Kronlage, Director of Program Success at Working Solutions + April Wiita, Vice President of Program Success at Working Solutions

Are you still manually reviewing calls? 🤔 It's time for a change! The traditional method of manual call monitoring is no longer cutting it in today's fast-paced call center environment. Industry experts Angie Kronlage and April Wiita from Working Solutions are here to explore the power of innovative automation to revolutionize outdated call review processes!

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The Unexpected Link Between Creativity and Happiness

IdeaScale

While necessity is often touted as being the mother of invention, innovative ideas aren’t only developed in times of need. A variety of studies have identified the link between happiness and creativity. The link between the two is one of the many reasons why a healthy organizational culture should be of greater priority. Let’s dive [.

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How to Be a Valuable Team Player During Times of Change: Strategies for Success

Tullio Siragusa

How to Be a Valuable Team Player During Times of Change: Strategies for Success In today’s constantly evolving business world, change is inevitable. Whether it’s a new project, a shift in leadership, or an overhaul of processes, change can be both exciting and challenging. As a team player, it’s important to understand how to navigate through these changes and support your team and leadership throughout the process.

Change 122
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Innovation Software, is it facing the Innovators Dilemma?

Paul Hobcraft

The Winds of Change- Innovation Software facing the Innovators’ Dilemma In my research, I am getting a real sense that the current Innovation Management Software model is about to be upended and disrupted as per Clayton Christensens’ “Innovators Dilemma.” The book the “Innovation Dilemma” published in 2016 was written by innovation expert Clayton Christensen suggesting even though even the most outstanding companies can do everything right–yet still lose

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The Four Main Types of Business Collaboration

HYPE Innovation

In the same way, you can never go backward to a slower computer, you can never go backward to a lessened state of connectedness.

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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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Self-Righteousness Isn’t A Strategy

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.

Strategy 193
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Generative AI Won’t Revolutionize Search — Yet

Harvard Business Review

There are major practical, technical, and legal challenges to overcome before tools like ChatGPT reach the scale, robustness, and reliability of Google.

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Using Vision Boards to Innovate Better

IdeaScale

Creating a vision board is an effective way to promote innovation in any organization. They are also a secret to success for entrepreneurs across a variety of industries. Vision boards provide an excellent opportunity to brainstorm, set objectives, and visualize goals. They can also be utilized to maintain inspiration and track progress. Let’s dive into [.

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Lead Scoring in B2B Sales: Transforming the Process with Design Thinking

Tullio Siragusa

Lead Scoring in B2B Sales: Transforming the Process with Design Thinking Lead generation and qualification is a critical aspect of B2B sales success, but it’s also a time-consuming and complex process. With an abundance of leads, sales teams often struggle to determine which ones to prioritize and focus on, leading to wasted time and missed opportunities.

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Embedding BI: Architectural Considerations and Technical Requirements

While data platforms, artificial intelligence (AI), machine learning (ML), and programming platforms have evolved to leverage big data and streaming data, the front-end user experience has not kept up. Holding onto old BI technology while everything else moves forward is holding back organizations. Traditional Business Intelligence (BI) aren’t built for modern data platforms and don’t work on modern architectures.

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Fears of those unknowns

Paul Hobcraft

The fear of the unknowns explodes upon those not ready When the established order begins to creak and dismantle, seemingly in front of our eyes, those fears of the unknown can kick in, especially if you have been used to managing in an established (slowly) evolving way for most, if not all, of your business life. We seem confronted with rapid change, and it is primarily within the business world related to technology and market uncertainty that is driving this.

LEAN 195
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Strategic Partnership Management

HYPE Innovation

Interestingly, financing is not the top reason for start-ups to pursue partnerships, or even among the top three.

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In 2023, let’s focus on the productive resilience of Nigerians

Christensen Institute

A country is never static. It is either growing or shrinking, rising or falling, and, perhaps most importantly, its people are either prospering or languishing. Unfortunately, Nigeria, over the past decade, has been shrinking, falling, and has seen its people languishing. In 2014, for instance, the country’s GDP per capita was $3,200. Today, it hovers around $2,000.

Policies 110
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With companies cutting budgets — what should innovators do?

Strategyzer Innovation

A few weeks ago, Dana—the Chief Innovation Officer at a large multinational company contacted us. She was concerned her company was cutting costs across the board and her budget for 2023 had been reduced. We started working together in late 2022, designing the company’s innovation ecosystem and taking 10–12 innovation teams through our discovery and validation programs.

Company 107
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Secrets of a Successful Sale: Optimizing Your Checkout Process

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.