April, 2023

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What it means to continuously improve: Definition and strategies

HYPE Innovation

How to define Continuous Improvement? Small steps matter, especially when they’re all taken in the same direction. And there are plenty of examples of innovations that have made a difference – not through a sudden big bang but, instead, through a slow, continuous attack on a problem. Driving incremental improvements may seem like taking only small steps, but those small steps combined can add up to big change.

Strategy 130
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What impact does sleep have on creativity?

Idea to Value

If you have ever felt challenged solving a problem, or struggled to come up with an idea, there is one piece of advice that many people would give: Sleep on it For hundreds of years, artists, scientists and entrepreneurs have told tales about how some of their best ideas came to them in their sleep, during their dreams. After all, dreams happen when we sleep.

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We require a more dynamic view of Innovation understanding.

Paul Hobcraft

So why is finding the right skills and competencies for innovation a real challenge but so essential? How do we know the critical skills, competencies and capabilities for innovation? Also, what are the additional dependencies for sustaining innovation capabilities that are becoming vital to understand so an organization can place the appropriate resources behind them, build upon a sustainable future and leverage these innovation dynamics?

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Here’s What It Takes To Change Someone’s Mind

Digital Tonto

The truth is that we can’t change anyone’s mind. Only they can do that. Yet as David McRaney explains in his new book, "How Minds Change," there are a number of new techniques that can help us be much more persuasive, but they don’t require brilliant sophistry or snappy rhetoric. They involve more listening than speaking, and understanding the context in which beliefs arise.

Change 211
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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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Navigating the Future of Work: The Importance of Adaptability and Continuous Learning

Tullio Siragusa

Navigating the Future of Work: The Importance of Adaptability and Continuous Learning As the digital age continues to reshape the workplace, individuals and organizations must adapt to thrive in the ever-changing landscape. The future of work demands a new set of skills and mindsets, with adaptability and continuous learning taking center stage. In this blog post, we’ll explore the importance of adaptability and continuous learning in navigating the future of work and discuss practical strateg

Learning 118
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How Continuous Improvement Influences Sustainability Efforts

Kainexus

Environmental sustainability is a critical issue facing the world today. While there are many ways to address this issue, continuous improvement offers an effective approach to help individuals and organizations achieve long-term sustainability goals. Continuous improvement involves constantly assessing and improving processes and systems to achieve better outcomes.

System 80

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You need to know your success criteria

Idea to Value

Recently, I was speaking with a corporate client about a challenge they were having with their innovation process. They had just run an idea-generation challenge and received a decent number of responses from their employees about new innovations they could pursue. The issue was that the company now had no idea which of the ideas should be taken forward.

LEAN 214
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Harnessing AI-Powered Predictive Analytics: A New Era in Decision-Making for Businesses and Society

helloFUTURE

The rapid advancements in artificial intelligence (AI) have ushered in a new era of predictive analytics, enabling businesses and organizations to make more informed decisions than ever before. AI-driven predictive analytics transforms decision-making across various industries, from finance and healthcare to supply chain management and marketing. In this article, we’ll explore the potential impact of… The post Harnessing AI-Powered Predictive Analytics: A New Era in Decision-Making f

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How Empathy Can Be Your Secret Weapon

Digital Tonto

Empathy, as powerful as it can potentially be, is widely misunderstood. It is often paired with compassion in the context of creating a more beneficial workplace. That is, of course, a reasonable and worthy objective, but the one-dimensional use of the term is misleading and limits its value. When seen only through the lens of making others more comfortable, empathy can seem like a “nice to have,” trait rather than a valuable competency and an important source of competitive advantage.

Culture 236
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10 Game-Changing Disruptive Innovation Examples That Will Blow Your Mind

IdeaScale

As technology continues to evolve, so do the ways in which businesses operate. Disruptive innovation examples are constantly emerging, changing the way industries function and altering the status quo. In this blog, we'll explore 10 game-changing disruptive innovation examples that are sure to blow your mind. 10 Game-changing Disruptive Innovation Examples Uber - Revolutionizing Transportation [.

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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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Top Continuous Improvement Tools for Your Business

HYPE Innovation

While innovation is typically perceived as one disruptive change that sets you apart from the competition, more often than not, innovation is an accumulation of many small improvements that eventually lead to a competitive advantage and all the other great things associated with innovation.

Tools 130
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Constructing the innovation mandate

Paul Hobcraft

So often innovation struggles to be recognized for what it is. Innovation is a critical source of future competitive advantage. It is our ability to consistently capture, build and develop new ideas within organizations or in open collaborations with others that have a direct effect on revenue growth and the ability to provide future sustainability.

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Slowly getting more capable

Idea to Value

A few months ago, my wife and I had our first child ( not the child in the blog page image here). Now, I have never been a gym-freak, and noticed that my arms would quickly get tired after I carried them for only a few minutes. I worried what would happen when they quickly grew and got heavier. Would I soon be unable to hold them for more than a minute?

Training 191
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ROI for innovation

Strategyzer Innovation

Here is a classic scene I have observed in many companies: Leslie, an innovation team lead, is pitching a project to the executive board. As required, he presents the business case for investing in the new offering and five-year projections for revenue growth and profits.

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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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We Need To Stop Fooling Ourselves And Get Our Facts Straight. That Takes Work.

Digital Tonto

In one of my favorite essays the physicist Richard Feynman wrote “The first principle is that you must not fool yourself—and you are the easiest person to fool. So you have to be very careful about that.” He goes on further to say that simply being honest isn’t enough, you also need to “bend over backwards” to provide information so that others may prove you wrong.

Data 231
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Revolutionizing the Industry: How These Driving Innovations Are Changing the Game

IdeaScale

Innovation has been the driving force behind some of the most significant advancements in modern history. From the invention of the wheel to the creation of the internet, innovation has enabled us to achieve new levels of progress and success. Today, driving innovation is more critical than ever before, as industries all over the world [.

Industry 130
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The most effective brainstorming techniques for generating innovative ideas

HYPE Innovation

What first comes to your mind when you think of brainstorming ? Typically, it’s involved a group of people actively discussing innovative ideas, exchanging opinions, and arguing about controversial issues. However, things are changing. Because remote work is now increasingly the norm, more companies are organizing idea campaigns in the cloud , where participants are brainstorming and producing ideas on their own.

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Approaching Cross-sector innovation ecosystem collaborations

Paul Hobcraft

In a series exploring cross-sector innovation ecosystem collaborations, this is the third post discussing different aspects and the approach to this that needs to be taken as my suggested starting point. All the elements of skills, processes, tools, capabilities and behaviours are important in supporting an effective collaboration across sectors that might need to be involved.

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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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Sugar: Better questions are the key to reducing consumption

Christensen Institute

March was National Nutrition Month in the US, which focuses on the critical importance of making informed choices about food and eating habits, as well as physical activity. On this topic, a speaker at the recent NextMedHealth conference shared that American children now consume over 65 pounds of added sugar per year. That amount of sugar can fill a bathtub.

Analysis 105
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Generative AI Has an Intellectual Property Problem

Harvard Business Review

Strategies to help companies mitigate the legal risk and ensure they’re in compliance with the law.

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We Expect Humans To Be Accountable. We Should Expect No Less Of AI

Digital Tonto

In 2020, Ofqual, the authority that administers A-Level college entrance exams in the UK, found itself mired in scandal. Unable to hold live exams because of Covid-19, it designed and employed an algorithm that based scores partly on the historical performance of the schools students attended with the unintended consequence that already disadvantaged students found themselves further penalized by artificially deflated scores.

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Why Leaders Must Encourage Their Employees to Explore Their Creativity — and How to Do It

Entrepreneur - Innovation

Leaders can get frustrated when it seems their employees aren't being innovative. But creativity isn't something that just happens — leaders have to foster it with a culture of freedom and understanding.

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Monetizing Analytics Features

Think your customers will pay more for data visualizations in your application? Five years ago, they may have. But today, dashboards and visualizations have become table stakes. Turning analytics into a source of revenue means integrating advanced features in unique, hard-to-steal ways. Download this white paper to discover which features will differentiate your application and maximize the ROI of your analytics.

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How to Create a Continuous Improvement Culture: Strategies and Examples

HYPE Innovation

Raise your hand if you don't want to continuously improve your organization.

Examples 130
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Deepening the Thinking Around the Innovation Mandate – part two

Paul Hobcraft

Building out the clarity of any robust innovations mandate needs a depth of thinking Following on from my first post “ Constructing the Innovation Mandate ” we should look further into aspects of the innovation mandate that need considering and clarification Any innovation mandate needs to consider what is meant by the following and provide explanations: Corporate Objectives : The innovation mandate should clearly align with the organization’s corporate objectives and business strate

Policies 147
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Break the Model! How Challenging Status Quo Makes Lasting Impact

Mills-Scofield

shutterstock I want to share the amazing work of Second Harvest Food Bank of North Central Ohio*. They are the epitome of how to create an amazing strategic plan that achieves their mission and vision in innovative ways will (hopefully) make them no longer needed. This is not about virtue signaling, but rather my admiration and respect for their foresightful planning , impact, and gratitude for their CEO, Julie Chase-Morefield and team.

Video 98
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The U.S.–India Relationship Is Key to the Future of Tech

Harvard Business Review

As tensions mount between China and the U.S., India’s role in global innovation — and who it partners with — becomes increasingly important.

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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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These 3 Myths Kill Transformation And Change

Digital Tonto

In the early 20th century, the great sociologist Max Weber noted that the sweeping industrialization taking place would lead to a change in organization. As cottage industries were replaced by large enterprises, leadership would have to become less traditional and charismatic and more organized and rational. He also foresaw that jobs would need to be broken down into small, specific tasks and be governed by a system of hierarchy, authority and responsibility.

Change 190
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ChatGPT and health care: Disruptive? Or just the same old thing?

Christensen Institute

Back in February, ChatGPT, the popular AI chatbot, passed a medical licensing exam. This exercise, cosponsored by Massachusetts General Hospital, highlighted the potential benefits of ChatGPT (or any AI chatbot) in the future treatment of medical conditions. AI’s potential in health care is not a new discussion point ; forward-thinking health care organizations have been using AI in their offerings for a few years now.

ChatGPT 98
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A Force for Good: Meet Value Engineering & RFXIS Director Paula Lina

Planview

It only takes a few minutes talking to Paula Lina to see her passion. Paula is Planview’s Director of Value Engineering & RFXIS and leads the Force for Good initiative. With nearly two decades at Planview, Paula is passionate about the company, its people, and its impact for good. Let’s get to know Paula Lina. Explain your role at Planview and a few of your responsibilities.

Meeting 98
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Achieving engagement outcomes from cross-sector innovation ecosystem collaborations

Paul Hobcraft

This is the fourth and final post discussing cross-sector innovation ecosystem collaborations. It is primarily dealing with the benefits of collaboration and bringing up to a ‘given point’ a compelling value proposition for potential collaborators in understanding the basic building blocks to consider, for achieving the engagement outcomes required.

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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.