Leapfrogging
MAY 20, 2022
Having worked with innovation teams from global companies like Visa, Colgate-Palmolive, Kimberly-Clark, Disney, Medtronic and many others, there’s one consistent success factor when it comes to innovation, no matter what you’re doing: it all starts with the customer. Companies spend oodles of time and money trying to understand customers.
Destination Innovation
MAY 21, 2022
Joseph Priestley (1733 – 1804) was an English polymath, philosopher, educator and scientist who is most famous for his discovery of Oxygen. In 1765 he published a “Chart of Biography” to accompany a series of history lectures. It showed the lives of famous people as lines on a chart. He said it would allow students to “trace out distinctly the dependence of events to distribute them into such periods and divisions as shall lay the whole claim of past transactions in a just and orderly mann
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Idea to Value
MAY 20, 2022
More diverse teams have been shown to come up with better ideas than more homogeneous teams. They are also more likely to succeed at continuing to be creative in the long run. So then why is it that so many companies are full of similar-looking people? Especially when it comes to the more senior levels? Or why do we seem to like ideas which are similar to the status quo and comfortable, or why many people wait until they have seen someone they know use a new innovation before they would consider
Digital Tonto
MAY 29, 2022
No matter what’s going on during the year, I always look forward to summer. I love the heat and, despite spending 15 years in frigid Eastern European countries, I hate the cold. Every year I. [[ This is a content summary only. Visit my website for full links, other content, and more! ]].
Speaker: Jay Black, Senior Account Executive
Let's set the record straight: in-store retail isn't dead - it's evolving! Faced with the digital age and the demands of omnichannel shopping, some retailers are thriving while others are struggling to adapt. Join Jay Black in this exclusive session as he explores the strategies that set successful stores apart, including: Crafting unique and unforgettable in-store experiences 🛍️ Mastering the art of retail demands 🛒 Navigating inventory challenges in today's climate 📦 an
Jeffrey Phillips
MAY 24, 2022
In the Matrix, Morpheus offers Neo the choice of a blue pill or a red pill. Take one, and you remain as you are. Take the other, and the scales fall from your eyes. Those of us who watched the movie or have seen it on ubiquitous reruns, know what happens next. As an innovator, it would be awesome to pop into a completely different meta-world to understand the hidden workings of the metaverse I just left.
Paul Hobcraft
MAY 24, 2022
The Pathway Curve Methodology. The approach we take to embedding innovation in all its forms is a unique one that we call the Pathway Curve Methodology. Innovation needs to be worked at, to grow into a deeper understanding, over time. It needs to be understood in all its different forms and often many can become confused and disappointed by their initiatives by not taking a more measured approach to them.
Business Innovation Brief brings together the best content for business innovation and strategy professionals from the widest variety of industry thought leaders.
Destination Innovation
MAY 24, 2022
Peter Drucker famously said, “Every organisation must prepare for the abandonment of everything it does.” Here are examples of eight successful companies which switched from one activity to another in order to meet a customer need. Tiffany was started in 1837 by Charles Tiffany and John Young, in Brooklyn, Connecticut, as a “stationery and fancy goods emporium” In 1862, during the Civil War, the company supplied the Union Army with swords, flags and surgical implements.
Idea to Value
MAY 6, 2022
In London’s Royal Botanical Kew Gardens, there is a tree which has inspired the world. It is an ancient, huge oak tree. Planted in 1798 and standing more than 16 meters tall, it has long been one of the most important and well known trees in the gardens. Called “Turner’s oak” after its species name, and native to Spain, the tree has been growing for hundreds of years.
Digital Tonto
MAY 15, 2022
One of the things that I’ve learned over the years is that it’s best to assume people are smart, hardworking and well intentioned. Of course, that’s not always true, but we don’t learn much from. [[ This is a content summary only. Visit my website for full links, other content, and more! ]].
Jeffrey Phillips
MAY 20, 2022
As you know if you follow my blog, I generally write about the intersection of strategy and innovation. Increasingly, however, we need to invite data into this mix. As more and more data is generated, it creates new opportunities in the strategy realm and in the innovation realm. This post will consider the importance of data in strategy development and execution, as well as in innovation.
Speaker: Jamie Bernard - Senior Product Director at Launch by NTT Data
In today’s dynamic business landscape, successful product management hinges on a keen understanding of customer needs and market dynamics. Storymapping emerges as an invaluable pre-investment tool, enabling smarter decision-making, more accurate resource allocation, and enhanced scope control. It serves as a catalyst to better align your entire organization, setting the stage for impactful, customer-centric product management.
Paul Hobcraft
MAY 16, 2022
Linking innovation needs constant evolving and recognizing. I have been working through my innovative points of focus, those that have, for me, my innovating purpose that needs constant referencing back and adapting to the future needs of innovation. So here are my points of focus with a number of reference links that I have selected and written upon in the past.
IdeaScale
MAY 10, 2022
Highlights Institutional inertia, a narrow perception of innovation or what it needs to flourish, and short-term thinking can all be barricades of innovation. Break through these barriers by uncovering the reasons behind them and offering a clear and detailed innovation strategy. An effective innovation management platform can address organizational obstacles.
Christensen Institute
MAY 5, 2022
This is our second “Innovation in action” piece (find the first piece here ), where we ask leaders in the postsecondary and K–12 space to discuss what innovation looks like within their community, institution, or school; why they believe it has the potential to help students; and tips for successful implementation or scale. At the end of each piece, we ask one of our education researchers to weigh in on what Theories of Disruptive Innovation have to say about the innovation.
Idea to Value
MAY 31, 2022
Have you ever been in a group discussion, where it seems like a decision was made that nobody actually thought was ideal? You might have just witnessed a psychological bias known as groupthink. Groupthink occurs when a group of people need to make a decision, and due to the pressure of not creating conflict between the group members and a desire for harmony, come to an irrational or dysfunctional decision.
Advertiser: ZoomInfo
Marketing technology is essential for B2B marketers to stay competitive in a rapidly changing digital landscape — and with 53% of marketers experiencing legacy technology issues and limitations, they’re researching innovations to expand and refine their technology stacks. To help practitioners keep up with the rapidly evolving martech landscape, this special report will discuss: How practitioners are integrating technologies and systems to encourage information-sharing between departments and pr
Digital Tonto
MAY 1, 2022
Probably the greatest misconception about change is that it fails because people don’t understand it. The truth is that change usually fails because it is actively sabotaged. The status quo has. [[ This is a content summary only. Visit my website for full links, other content, and more! ]].
Jeffrey Phillips
MAY 12, 2022
I'm lucky to have the opportunity to read and review a number of books in the innovation and strategy space, and I find many of the books have interesting insights or promote new ideas but often aren't overly actionable. However, I've always found the insights of Roger Martin useful. His book - Opposable Mind - is a great book about capturing and merging two disparate ideas or opinions to form new viewpoints, products or services.
Paul Hobcraft
MAY 9, 2022
Credit Chrisnaton, Flickr. I was recently working through a set of older presentation files and came across this extract concerning innovation again and thought I must share this. Sadly, it rings true as much as it did those (many) years back. “ Strategy is useless without innovation; innovation is directionless without strategy” Below is an extract from “Reinventing Innovation” by John J Kao.
IdeaScale
MAY 4, 2022
Highlights Companies as diverse as Xerox, National Geographic, and Circuit City failed to innovate, and suffered painful costs as a result. While a company can survive failing to innovate, it can cost the firm billions and damage its long-term outlook, trapping it in legacy markets or costing it vital personnel that move onto more creative [.].
Speaker: Erika R. Bales, Esq.
When we talk about “compliance and security," most companies want to ensure that steps are being taken to protect what they value most – people, data, real or personal property, intellectual property, digital assets, or any other number of other things - and it’s more important than ever that safeguards are in place. Let’s step back and focus on the idea that no matter how complicated the compliance and security regime, it should be able to be distilled down to a checklist.
CMOE
MAY 19, 2022
You can’t have strategy without leadership. Strategy formulation requires a clearly defined vision, long-term goals, useful tools, and a plan to win. But without the guidance of an insightful leader who can drive the process, it is difficult to make any strategy a reality. Ultimately, strategic leadership is what makes the difference between success or failure.
Idea to Value
MAY 26, 2022
In this episode of the Idea to Value podcast , we speak with Prof Angus Fletcher from Ohio State University. He describes himself as a “Story Scientist, and his team have been doing some interesting research into new ways of improving creativity and problem solving through narrative and storytelling. We speak about the unique link between motor neurons and creativity, how to use movement to spark creativity , and how artificial intelligence may never be truly creative.
Digital Tonto
MAY 8, 2022
One of the most annoying things I hear from leaders is that “we had a great strategy, but just couldn’t execute it.” That’s simply not possible. If you can’t execute it, it’s not a great strategy. [[ This is a content summary only. Visit my website for full links, other content, and more! ]].
Christensen Institute
MAY 17, 2022
Over the past couple of years, Americans’ positive perception of capitalism has decreased from 58% in 2019 to 49% today, according to an Axios/Momentive poll. To many, capitalism seems to be hurting everyone–customers, communities, employees, and the environment–except those with capital. . “Today, 18-34 year-olds are almost evenly split between those who view capitalism positively and those who view it negatively (49% vs. 46%).
Speaker: Jay Black, Senior Account Executive
We’ve all heard the buzzwords to describe new supply chain trends: resiliency, sustainability, AI, machine learning. But what do these really mean today? Over the past few years, manufacturing has had to adapt to and overcome a wide variety of supply chain trends and disruptions to stay as stable as possible. Stability has become key in this post-COVID world, and will remain key moving forward.
Paul Hobcraft
MAY 6, 2022
innovation disillusionment or just boring? You get this increasing sense that the ‘fizz’ has gone out of the innovation bubbly, we are seemingly in a trough of innovation disillusionment. The innovation party presently feels a little flat. When we turn up at those creative innovative parties today the numerous delicious canapés to choose from are turning up at the edges as we are becoming disillusioned, just being fed on a present unexciting incremental innovation diet, lacking any real substanc
IdeaScale
MAY 3, 2022
Highlights Customer and employee suggestion boxes can be incorporated into any innovation campaign Modern boxes should be digital, privacy-friendly, easy to use, and designed to collect useful data. The suggestion box is a classic tool for collecting feedback, yet you can get more from it than you realize. Here are five ways to update how [.].
Jeffrey Phillips
MAY 31, 2022
One of my favorite questions when I work with software teams is this: given a choice, would you rather work on existing systems in a support and maintenance role, or would you rather work on developing or implementing new systems with new technology? The answers are always the same. About 30% of the group I'll survey is comfortable with the existing systems and code and is happy extending it and maintaining it.
Idea to Value
MAY 9, 2022
What makes successful people succeed? A number of factors they come up with if you ask them may include: Hard work. Grit and being willing to keep going through challenging times. Having the resources to develop what you are thinking of. Focusing on quality, delighting the customer, being the best. A supportive network around you. etc. But one aspect which is often forgotten is also one of the most important: luck.
Speaker: William Haas Evans - Principal Consultant, Head of Product Strategy & Design Practice, Kuroshio Consulting
The purpose and value of experimentation (from a scientific and product perspective) is to produce new information. From a product discovery/product management perspective, the purpose of experimentation is to focus our efforts on invalidating our assumptions to reduce the risk of developing and going-to-market with the wrong product. It’s our way of intentionally managing through uncertainty — since, as Claude Shannon said, “the only resolution to uncertainty is information.
Digital Tonto
MAY 22, 2022
When we feel passionately about change, we want to take action. We want to take to the streets, argue against injustice. We want to make decisions, launch a business, get things done. Activity gives. [[ This is a content summary only. Visit my website for full links, other content, and more! ]].
Christensen Institute
MAY 3, 2022
Supply chains have been hit hard since the start of the Coronavirus pandemic. It was largely believed to be fueled by the trucking industry’s inability to keep drivers on the road as the pandemic impacted its workforce. Trucking companies had to increase wages, which ultimately lured drivers back. However this has not resolved the problem. Today, supply chains are facing another problem: the shortage of trucks.
Paul Hobcraft
MAY 2, 2022
Tackling Societal Challenges with Ecosystem collaborations. Perhaps why innovation feels somewhat flat (well for me) is our organizations and societies are utterly failing to allow us all to step up in innovation to tackle those huge societal issues; those massive, growing problems that are swirling all around us. We need to shake out of our lethargy and really begin to attempt to solve the real issues of our time.
IdeaScale
MAY 2, 2022
Sagicor is a full-service financial institution offering a wide range of products and services—everything from life and health insurances, to annuities, pensions, real estate, banking, and investment needs. The financial sector is constantly being shaped by technology and consumer trends, and in 2021, Sagicor hosted its inaugural Data Innovation Challenge using the IdeaScale platform.
Speaker: Joe Heather, Deliverect GM (UK&I)
Fast-Moving Consumer Goods (FMCG) and Quick Commerce (Q-commerce) are two vibrant sectors that have undergone significant transformations with the advancements in digital technology. With growing internet penetration and the proliferation of smartphones, consumers' purchasing habits have unsurprisingly evolved. They now demand quick, convenient, and seamless shopping experiences, which both FMCG and Q-commerce sectors strive to provide.
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