October, 2022

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Scientific Management, Taylorism and how employees are prevented from innovating

Idea to Value

The Harvard Business Review’s Podcast “ HBR Ideacast ” has recently started a series on four business ideas which changed the world. I already told you about their excellent episode on Disruptive Innovation. Today I want to highlight another great episode on a topic I learned a lot more about: Taylorism. What is Taylorism? In 1878, a machinist at a Pennsylvania steelworks noticed that his crew was producing much less steel than he thought they could.

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Why do we need to change our thinking about innovation?

Paul Hobcraft

The Innovation Ecosystem Cascading Effect. I have been arguing in recent posts about the need to change the way we approach innovation. We need to think about designs around innovation ecosystems. In a series that builds the argument so far I have provided the basic context within this post” Please, we need a different innovation narrative ” followed by “ Building out our innovation ecosystem in design and thinking.” My personal energy is drawn from all the challenges we

Change 183
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7 Traits of High-Performing and Innovative Teams

IdeaScale

While being able to do it all is often touted as a badge of honor, high-performing teams are the “secret sauce” behind brands including Apple, Disney, Amazon, and Google. When you build a team with specialized but complementary skill sets and create an environment that fosters innovation—the sky’s the limit. But what sets high-performing and [.].

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Innovative Start-Ups Founded by Women

Destination Innovation

Nadine Hachach-Haram. We need more women entrepreneurs. A report by the Kaufmann Foundation found that only 3% of technology start-ups are led by women. Most of the high-profile role models for start-ups are men – Elon Musk, Jeff Bezos, Steve Jobs are household names. How many women role models in business can you name? Here are some inspiring women entrepreneurs and the companies they have started.

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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.

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Why Unlearning Is At Least As Important As Learning

Digital Tonto

When I first went overseas to Poland in 1997, I thought I knew how the media business worked. I had some experience selling national radio time in New York and thought I could teach the Poles who, after 50 years of communism, hadn’t had much opportunity to learn how a modern ad market functioned. I was soon disappointed. Whenever I would explain a simple principle, they would ask me, “why?

Learning 214
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5 Misconceptions about AI that are Slowing Your Business Down

Stephen Shapiro

Today’s post is from a brilliant friend of mine, Paul Golding. I first met him over a decade ago when he was a technology wizard for 02, a large UK mobile provider. Since then, he has continued to stay on the leading edge of a variety of technologies, including Artificial Intelligence (AI). In this article, Paul outlines five of the biggest misconceptions that are preventing many businesses from unleashing the power of AI – and why you should double-down on AI during an economic downturn

Data 98

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What is Reverse Innovation, and Is It For You?

Viima

When you think of innovation, you probably think of high-income countries that have both the technology and the financial means to make innovation happen. It’s rare that we associate low-income countries with innovation as these countries are mostly regarded as sole beneficiaries of innovations deployed by developed countries. Many companies are reluctant to invest in developing countries, and those that decide to enter these new territories, have a low rate of success.

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The pandemic has changed our personalities

Idea to Value

If you have felt like being locked inside during the last 2+ years of the pandemic has made you less creative, you might just be right. New research from September 2022 has looked at how the Big 5 Personality traits of more than 7,109 people in the USA have changed over time, comparing their results before the pandemic to 2022. Just as a reminder, the Big 5 Personality traits are the most commonly used ways to assess people’s personality which are used by scientists, and include: Openness

Change 273
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Who are open innovation managers and what do they do?

HYPE Innovation

Typically, innovation managers are researchers, strategists, evangelists, or pioneers who venture on to become change agents, leaders, organizational designers, coaches, and ultimately fill the seats of process owners, decision makers, and project managers.

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3 Ancient Wisdoms We Needed To Leave Behind To Create The Modern World

Digital Tonto

If you were a person of sophistication and education in the 19th century, your world view was based on certain axiomatic truths, such as parallel lines never cross, logical propositions are either true or false and "bad airs" made people sick. For the most part, these ideas would have served you well for the challenges you faced in daily life. Even more importantly, your understanding of these concepts would signal your inclusion and acceptance into a particular tribe, which would confer prestig

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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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Barriers to innovation, the cause and effect.

Paul Hobcraft

Seeing the barriers, the causes and effects. I am on a personal mission to convince innovation software providers, corporations and innovators to change how they undertake innovation. In some recent posts, I argued that we need to adopt a broader innovation ecosystem thinking and design. I stated in one recent post , “ We must promote more dynamic environments and the constant desire that organizations and their people have to be fit for innovating purposes, adaptive and fluid in such high

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The External Innovation Partners You Need Most

IdeaScale

Partnering with third-party subject-matter experts delivers a variety of benefits. The type of partners that will benefit your organization will vary greatly depending on factors such as your industry, tenure, objectives, and budget. Even with an empowered, skill-diverse, and enthusiastic team, partnering with external experts gives you a competitive edge.

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The USAID’s Africa Localization Initiative may have unintended consequences

Christensen Institute

The United States Agency for International Development (USAID) recently announced the Africa Localization Initiative, designed “to direct more funding to local organizations based in sub-Saharan Africa.” The first goal of the initiative is to direct up to 25% of the agency’s funding to local organizations. The second is that local communities will be responsible for designing, implementing, and evaluating programs.

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“Art is never finished, only abandoned.”

Idea to Value

“Art is never finished, only abandoned.” A few weeks ago, I came across a fantastic quote on creativity in an interview Todd Henry ‘s podcast and Joey Cofone. They were talking about when to know whether something you are working on is “finished” and ready to be released, and Joey came out with this quote attributed to the famous Leonardo Da Vinci: “Art is never finished, only abandoned.” While this quote initially may seem depressing, suggesting that we

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From Data to Decisions: Maximizing Retail Potential with 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.

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An introduction to Henry Chesbrough and open innovation

HYPE Innovation

I’ve caught up on some essential reading this weekend to be able to offer you a selection of the most inspiring thought pieces and research by world-renowned scholar and management thinker, Professor Henry Chesbrough.

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Strategy Without Purpose Will Always Fail

Digital Tonto

We usually think of strategy as a rational, analytic activity, with teams of MBA’s poring over spreadsheets or generals standing before maps. Yet if we fail to take into account human agency and dignity, we’re missing the boat. Strategy without purpose is doomed to fail in the end, however clever the calculations, because eventually the real world will intrude.

Strategy 167
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The Power of Work Friends

Harvard Business Review

Data shows that having a best friend at work is strongly linked to business outcomes, profitability, safety, inventory control, and employee retention.

Data 137
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Is Micromanagement Why Your Innovation Program is Failing?

IdeaScale

“It doesn't make sense to hire smart people and then tell them what to do. We hire smart people so they can tell us what to do." ? Steve Jobs. Micromanagement can have devastating consequences for both employees and organizations. Unfortunately, many leaders adopt micromanagement, believing it will optimize and accelerate results. Even if [.].

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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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Data Innovation in Manufacturing Requires Integration

Tullio Siragusa

Data Innovation in Manufacturing Requires Integration. Manufacturing industries deal in creating or producing goods with various machines, technological tools, labor, and equipment. Technology that helps in connecting with suppliers for materials and managing product data with a digital platform makes the process faster, and more efficient. Engineering and manufacturing are complex fields where there is an intersection of people and technologies.

Data 118
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The surprising downsides to being an Overachiever at work

Idea to Value

If you want something done, give it to a busy person. I remember this quote from my childhood, and it is meant to show that people who work the hardest are likely to be the ones who are best able to complete additional hard tasks. Since then, there has been an explosion of the productivity culture , where people often work incredibly long hours to show how busy they are and to achieve as much as possible.

Resources 252
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Overcoming the most common open innovation challenges

HYPE Innovation

Implementing open innovation in your business is not an easy task. It might be straightforward, but it is not easy.

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Calling all innovators: Africa’s electricity market is ripe for market-creation

Christensen Institute

In 2022, there are still 600 million people who lack access to electricity in Africa. . Africa has the lowest levels of per capita use of modern energy, and despite the region being home to 60% of the best solar resources globally, there’s only 1% of installed solar photovoltaic (PV) capacity due to lack of sufficient investments being directed towards these resources. .

Marketing 116
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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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Tech Companies Innovate at the Edge. Legacy Companies Can Too.

Harvard Business Review

New tools make it easier to empower small-scale innovation among the employees who work most closely with suppliers, customers, and other stakeholders.

Company 121
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Utilizing Coaches for Leadership Development and Innovation

IdeaScale

One of the many things that Steve Jobs, Bill Gates, Oprah Winfrey, and Barak Obama have in common is that they all utilize coaches. The higher you rise in your career, the less likely you have people who challenge you to level up. Even if you or your organization have reached the pinnacle of [.].

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Career Innovation Through Continuous Learning Platforms

Tullio Siragusa

Career Innovation Through Continuous Learning Platforms. Learning is a continuous process that is not confined to the classroom alone. Digitization of learning platforms has brought innovation to education. It has enabled learners to get quality yet affordable and user-centric learning experiences that have been a positive force on their career. In modern times, learning is becoming a continuous process.

Learning 116
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The ladder of “No”

Idea to Value

As companies grow, it is inevitable that more hierarchies will be created. This is because after a certain size, it is essentially impossible to keep track of the relationships between everyone and what everyone is working on. Contrary to popular belief, hierarchy is not always a negative. In fact, as Start-ups grow, they will eventually need to develop layers of management to stay productive and efficient.

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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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What are the most common foresight biases and how can you avoid them?

HYPE Innovation

Foresight is all about paying attention to certain insights, signals, and trends. It also means disregarding or prioritizing some sources of data over others, correctly interpreting information to reach conclusions, and using all that data to make decisions about the future.

Trends 130
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What’s causing the largest energy deficit in the world? And how to address it.

Christensen Institute

Nigeria has the largest energy deficit in the world , and despite the considerable amount of money invested in the sector in the last two decades, only slight improvement has been recorded. Because of its potential to be both affordable long-term and renewable, solar energy is considered one of the main ways for Nigeria to reach its electricity goals.

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4 Tips for High-Ed Marketers to Engage Prospective Students

Brunner

Be Positively Disruptive. Millennials have passed the social media-obsessed crown onto GenZ, who are quickly taking over the landscape with endless new socials at their fingertips. This usually leads Universities to think that they need to be everyone and anywhere their audiences are, but that is impractical and resource-constraining. This is where a well-thought-out strategy comes into play.

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How to Increase Employee Engagement and Productivity at Your Business

Qmarkets

You’ve probably heard the term ‘Quiet Quitting ‘ being thrown around by the media recently. It refers to employees who do the bare minimum required of them and nothing more. It’s an issue that might have been exacerbated by the pandemic and economic uncertainty, but it’s by no means a new phenomenon. Quiet quitters are a classic example of poorly engaged employees.

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Software Composition Analysis: The New Armor for Your Cybersecurity

Speaker: Blackberry, OSS Consultants, & Revenera

Software is complex, which makes threats to the software supply chain more real every day. 64% of organizations have been impacted by a software supply chain attack and 60% of data breaches are due to unpatched software vulnerabilities. In the U.S. alone, cyber losses totaled $10.3 billion in 2022. All of these stats beg the question, “Do you know what’s in your software?