February, 2019

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Transformation Is Always A Journey, Never A Destination

Digital Tonto

A leader's role is no longer simply to plan and direct action, but to inspire and empower belief. Related posts: How Experian’s Digital Transformation Brought Its Business To An Entirely New Level. [[ This is a content summary only. Visit my website for full links, other content, and more! ]].

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Legacy is all around us. Innovation and insights suffer greatly

Paul Hobcraft

Can we continue to battle with legacy? When you think we are on a roll, we are making that transformation in technology, systems, new organizational designs, you are suddenly stopped in your tracks. Legacy fights back, it holds you up, it stops you from advancing. You fail to connect as you wanted to towards a complete transformation. The future eludes you as you hold onto those old ways.

System 191
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Is your company just performing “Innovation Theatre”?

Idea to Value

Most companies say that they are investing in innovation. They will showcase large initiatives for gaining ideas and suggestions from across the organisation. They will point to their last brainstorming session and say how successful it was, how it produced hundreds of ideas (or at least post it notes). And they will proudly announce to their shareholders: Look at all the innovation we are doing!

Company 160
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Wikipedia – A Lateral Idea in Action

Destination Innovation

In the 1930s there were 2000 salesmen in the USA knocking on doors and selling sets of Encyclopedia Britannica. They were selling a highly regarded product and were on handsome commissions. By 2000 the set comprised 32 volumes of carefully researched entries provided by 100 full time editors and 4000 contributors. First published in Edinburgh in 1768, Encyclopedia Britannica became a trusted reference work in homes, schools and offices around the world.

Policies 197
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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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What Is Corporate Social Innovation? Understanding the New Driver of Change

IdeaScale

Nowadays, you hear terms like “corporate social responsibility” (CSR) a lot. Business schools are teaching courses on CSR, top-notch organizations are too. This concept is fairly new and different to what was practiced before. Previously, NGOs and companies “co-existed.” CK Prahalad talked about this relationship and what it meant. While the two entities didn’t clash with one another, they didn’t contribute to one another’s business models either.

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Why digital transformation will drive business model innovation

Jeffrey Phillips

As a follow up to my previous post about the intersection of digital transformation and innovation , I wanted to conduct a thought experiment to illustrate why the real impact of all the impending change from digital transformation and innovation will be business model related. While the implementation of new technologies is interesting and challenging, and creating new products and services is daunting, at least you can still do that primarily if not exclusively in your existing business model.

More Trending

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10 Rules of Innovation Management - Part 2: Catching Ideas With Targeted Campaigns

HYPE Innovation

Welcome back to the 10 Rules of Innovation Management series! If you're new to the series, I'll be sharing 10 best practices to help you manage your online collaborative innovation program or get started if you're thinking about launching one ( subscribe to the series here! ).

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Podcast S2E30: Scott Kirsner – Turning innovation management in to a real career path

Idea to Value

On today’s episode of the Idea to Value Podcast, I speak with innovation leader Scott Kirsner. Scott is the founder of Innovation leader, and today we talk about some of the research his company has found about how innovation works in large companies, and what innovation specialists do. Topics covered in today’s episode: 03:00 – what innovation managers do after they leave their position in corporations, and how long they stay in their positions. 06:00 – the pressure on i

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Turn the Shop Around

Destination Innovation

Consider the shopping experience for a housewife in the 1920s. She would go from one small store to another – meat from the butcher’s, bread from the bakery, fish from the fish monger, cans and vegetables from the grocer’s, household items from the hardware store and so on. At each shop she would have to queue behind other customers as the shopkeeper fetched each item the customer wanted from the shelves behind the counter.

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How to Build a Better Creative Team

IdeaScale

When you build a creative team, you hope that the team as a whole will be more creative and productive than the sum of its parts. It all starts with setting goals, then proceeds to finding the right people for the team. Then, the creative team must be managed well. When it all clicks, a creative team can become a hub of innovation management, pushing creative ideas through from concept to implementation.

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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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At the digital transformation and innovation crossroads

Jeffrey Phillips

I went to a meeting about innovation earlier this week with a former client and a discussion about digital transformation broke out. It was both interesting and strange at the same time. Most corporations are struggling to comprehend the changes in front of them, but at the same time are so fixated on short term thinking that they struggle to see the tsunami that is emerging just over the horizon.

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These Are The 3 Technology Inflection Points That Will Change The Future

Digital Tonto

Market watchers like to follow trends because they are often a good indicator of what will happen next. The near future usually does look like the recent past, but not always. Sometimes we hit an. [[ This is a content summary only. Visit my website for full links, other content, and more! ]].

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10 Rules of Innovation Management - Part 1: Alignment, Management Support, and Sponsorship

HYPE Innovation

“It ought to be remembered that there is nothing more difficult to take in hand, more perilous to conduct, or more uncertain in its success, than to take the lead in the introduction of a new order of things. Because the innovator has for enemies all those who have done well under the old conditions, and lukewarm defenders in those who may do well under the new.

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10 Practical uses of deep learning

IdeaSpies

Deep learning has altered the way we operate in various ways. These are 10 practical use cases of Deep Learning in the last few years. ONE: Facial Recognition. Most airports are now able to use deep learning techniques to identify and track persons of interest (e.g. terror suspects), track your luggage and detect any suspicious item very quickly. VPU (Vision Processing Unit)-enabled security cameras installed at airports generate alerts the moment they find someone leaving their luggage, thus ma

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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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How to run a corporate innovation accelerator?

Board of Innovation

Have you been thinking about running a corporate accelerator to boost innovation capabilities at your company? This might help you make your decision. The post How to run a corporate innovation accelerator? appeared first on Board of Innovation.

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How to Move from Process Improvement to Innovation

IdeaScale

There’s absolutely nothing wrong with process improvement, but it isn’t the same thing as process innovation. In some ways, innovation is about going “back to the drawing board.”. Process improvement is about making an existing process better, and there’s no reason not to do this when the opportunity presents itself. Process innovation , however, requires that you take a new look at a process as a whole, rethinking it altogether rather than fine-tuning it here and there.

How To 190
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Beware conventional wisdom in innovation and digital transformation

Jeffrey Phillips

One of my favorite quotes comes from Shaw, who said that all change in life originate from unreasonable people. Reasonable people, he said, will accept the status quo and change their lives to adapt to the status quo. Unreasonable people won't. Unreasonable people force change rather than accept the status quo. So, he argued, all change is dependent on unreasonable people.

Training 179
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IBM’s 2019 “5 in 5” Predictions Point To A New Era Of Innovation

Digital Tonto

The company sees deep scientific partnerships as the way to reimagine entire industries Related posts: 2019: The Return Of The Large Enterprise. We Need To Rethink Innovation For The 21st Century. [[ This is a content summary only. Visit my website for full links, other content, and more! ]].

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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.

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Customer Experience Delivery – 8 Ways to Rethink It

BrainZooming

What’s the customer experience delivery like for your brand? Does it meet everything your customers are looking for? Seriously? You think there’s not much more you can do to improve your brand’s customer experience ? Don’t you think that is a very dangerous falsehood to hang onto and accept as reality? 8 Ways to Rethink Customer Experience Delivery.

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Employee Innovation Survey- Results

IdeaSpies

Introduction. The purpose of the Survey was to determine if employees have a voice in helping their organisations succeed. Employee involvement in innovation was specifically researched. Innovation was defined simply as “implementation of ideas that add value”. Recommendations. Based on these results it is recommended that leaders of organisations: Acknowledge that innovation is necessary to grow businesses and employees are a key source of innovation.

Survey 98
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Self-steering organization: 6 mistakes we made

Board of Innovation

We recently shared an article about Board of Innovation’s journey towards working in self-governing teams. We call them circles. They operate as entrepreneurial mini-companies within Board of Innovation and take on business responsibilities accordingly. A year and a half in, we have overachieved our main targets — growing a strong team, creating greater business impact.

Company 106
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How to Identify and Nullify Innovation Killers

IdeaScale

Talking about doing can kill innovation. Innovation strategy can be a powerful thing, but any businessperson can tell you that no strategy, however carefully formed, survives contact with the day-to-day reality of running a business. Company culture and approach can foster innovation or kill it, and to prevent innovations from dying in committee, ask yourself these questions.

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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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Where speed, innovation, technology and strategy collide

Jeffrey Phillips

An old saying, often attributed to a Chinese philosopher, goes something like this: may you live in interesting times. Some people say that it isn't a "saying" so much as a subtle curse. Interesting times - interesting to whom? Interesting why? I think we are all about to find out what interesting times look like, because those times are about to unfold, and no one can really interpret the repercussions.

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Big Companies Shouldn’t Try To Act Like Startups. Here’s Why

Digital Tonto

Big companies have advantages in deep expertise and resources, but can’t match the entrepreneurial energy of someone striving to build their own business Related posts: When Corporations Fund. [[ This is a content summary only. Visit my website for full links, other content, and more! ]].

Company 106
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Atoms vs. Bits - Making Matters

Mills-Scofield

Students working on projects in the Brown Design Workshop. We live in a world infatuated with bits (tech). We value, encourage, praise bit-making over atom-making. Creating with atoms doesn’t have the cache or import it once did, and we’ve lost something precious by doing so. Our hands * were not made (just) for typing, they were made to be sources of input to our brains to learn about our world – and learn by creating.

System 99
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14 Innovation Theme Candidates: If 2020 Were the Year of. ?

BrainZooming

How far out are you looking out to create significant changes in your business ? Through the next six months? The end of the year? How about looking out at least to 2020 with an innovation theme to set priorities? While you typically hear about an annual theme as the New Year starts , the point here is different: establish an innovation theme for next year NOW.

eBook 99
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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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15 insights from Innov8rs Miami

Board of Innovation

I'm sharing 15 insights from the Innov8rs Miami conference based on my panel discussion with innovators from P&G, DB Schenker, the US Army, Itau Unibanco & GE. The post 15 insights from Innov8rs Miami appeared first on Board of Innovation.

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Impact of Crowdsourcing in the Healthcare Industry

IdeaScale

Though crowdsourcing has recently gained popularity in many industries across the world, it’s not necessarily intuitive for it to be part of healthcare. However, crowdsourcing has begun to have a notable impact in the health sphere, such as in patient diagnosis, engagement, and more. To start, let’s understand and differentiate crowdsourcing from outsourcing.

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Why Apple can't innovate anymore

Jeffrey Phillips

Yes, it is a provocative title. And no, I don't quite know if it is true. But it does make one stop and think, doesn't it? What if the avatar for innovation over the last decade is exhausted? What if Apple has done all the innovation it can do? An interesting thought, wouldn't you say? What Apple now has in common with other large companies Innovation is easier when an organization is smaller and more nimble.

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The DotCom Bust Could Have Killed O’Reilly Media, But It Learned To Reinvent It’s Business Model And Built A New Future

Digital Tonto

No longer just publishing books, it now increasingly focuses on what comes after Related posts: How To Innovate Your Media Business Model. This Children’s Hospital In Dallas Is Reimagining The. [[ This is a content summary only. Visit my website for full links, other content, and more! ]].

Learning 100
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How to Achieve Product-Market Fit

Speaker: Dan Olsen - Product Management Trainer and Consultant, Author, and Speaker

Everyone working on a product is trying to achieve the same goal: product-market fit. But most products fail to do so. In this webinar, product management expert Dan Olsen will share his simple but effective framework for achieving product-market fit from his book The Lean Product Playbook. He will explain his Product-Market Fit Pyramid and The Lean Product Process, a 6-step methodology that guides you through how to: Determine your target customer Identify underserved customer needs Define your