Sat.Jun 22, 2019 - Fri.Jun 28, 2019

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How Cultural Norms Affect Innovation

InnovationManagement

The world is seemingly getting smaller. With the rise of social media in the last decade, everyone has constant access to what's happening all over the world. Countless stories circulate on the internet every day highlighting entrepreneurs young and old who are at the cusp of innovation with their new products and ideas. Some stories go viral, catching the eye of millions of people who are in awe at the individuals' innovative solutions to solve problems.

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What Happens When You Neglect Innovation

Econic

It was a seemingly unstoppable merger. Two of American’s most trusted, most well-known, and most well-liked brands were merging together – Kraft and Heinz. Add to that the fact that Warren Buffett’s company, Berkshire Hathaway, was the one brokering the deal, and it seemed to be a match made in heaven. Like all of Berkshire Hathaway’s companies, the goal for Kraft Heinz was not to disrupt the market or to be big and bold; the goal was simply “don’t lose the investors money.”.

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11 lessons only true innovation managers can teach you

Exago

To celebrate 11 years of Exago, we asked our clients to share their nuggets of wisdom. From them to you, here are the 11 Lessons Learnt by true innovation managers. The post 11 lessons only true innovation managers can teach you appeared first on Exago.

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6 Building Blocks for Innovation Department Success

IdeaScale

Nearly 80 percent of executives surveyed by The Boston Consulting Group’s tenth global survey on innovation considered innovation to be either the most important priority at their company or in the top three. Employees, however, can be more skeptical. They’re already overloaded and adding “innovate” to their task load may not get a good reaction. However, there are ways to cultivate innovation success, and creating an innovation department is one of them.

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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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Making innovation your organizing theme

Jeffrey Phillips

In my continuing series of posts about lessons learned from corporate innovation, today I'd like to expand on the idea of innovation language, and go even further. I'd like to riff on the idea of innovation as central, organizing idea in a business rather than an occasional distraction. Last Friday I wrote about the importance of defining a common language for innovation , so that people within a company are talking and working on the same things.

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Let’s Face Facts, The Digital Revolution Has Been A Huge Disappointment

Digital Tonto

We are awash in nifty gadgets, but in many ways we are no better off than we were 30 years ago. Related posts: 5 Uncomfortable Facts for the Digital Maniacs. Is Digital Technology Really Making Us. [[ This is a content summary only. Visit my website for full links, other content, and more! ]].

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Should You Hire an Innovation Consultant?

IdeaScale

Finding the road to innovation can be difficult because there’s no one map that leads you to it. Often, companies will turn to a guide, an innovation consultant, to put them on the path to more creative, flexible thinking. What does an innovation consultant do, and does your company need one? What Is Innovation Consulting? Innovation consulting is about laying the groundwork for innovation in your organization.

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Aussies Tackle Antibiotic Resistance

IdeaSpies

by: Melissa Raassina & Rebecca Morehouse. In celebration of World Microbiome Day, we’re discussing all things microbes and antibiotic resistance! Many people are asking, what happens if antibiotic resistance continues to spread? And how can we prevent antibiotic resistance from spreading further? Why? Antimicrobial resistance, more commonly known as antibiotic resistance, is a big issue facing the population on a global scale.

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How IBM Is Driving The Future Of Blockchain

Digital Tonto

When Bitcoin first emerged many assumed that it would evolve into a new layer to the financial system. What’s taking shape now is far more important profound—a new layer to the Internet, which will. [[ This is a content summary only. Visit my website for full links, other content, and more! ]].

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Cognitive Diversity is the DNA of Innovation

Innovation Excellence

Katrina Sherrerd, CEO of Research Affiliates, poses an interesting challenge, “Achieving cognitive diversity is easier said than done. We all have a neurobiological preference for comfort and familiarity over discomfort and the unknown. Human nature inclines us toward people and ideas that confirm and reflect our views. Only when we resist and suppress our instincts.

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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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Life Lessons from the Game of Golf

Tullio Siragusa

Life Lessons from the Game of Golf. I was 20 when I started to learn golf. I remember being obsessed with the game. Playing as often as possible, reading how to books, and taking as many clients on the course as possible. The best game I ever played was at River Run in Maryland. I finished seven over par, I was 25. At 26 my company at the time, MCI Telecommunications, had a golf outing with our global accounts on Long Island New York, and my foursome won 1st place.

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4 Emerging Technologies Impacting Today’s Digital Transformation

Acuvate

Digital transformation. If you’ve yet to hear about this IT phenomenon, it’s likely you’re not among the 44 percent of businesses implementing a digital-first approach to business processes, operations, and customer engagement. ZDnet defines today’s digital transformation as , “using digital technologies to remake a process to become more efficient or effective.

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How to Avoid Disruption with SODA

BrainZooming

A friend shared an online Harvard Business Review article by George Stalk, Jr. and Sam Stewart about how Av oiding Disruption Requires Rapid Decision Making. They advance a model explaining superior fighter pilot performance as a recommended way for how to avoid disruption in your markets. How to Avoid Disruption with SODA. The model’s acronym is easy enough to remember: SODA , representing Scan–Orient–Decide–Act.

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30 Successful Entrepreneurs Reveal the Books That Changed Their Lives

Entrepreneur - Innovation

These founders tell us about the books that influenced their way of thinking about life and work.

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How Retailers Are Transforming Customer Experiences with Data & 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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Cooperation in Teams: What skills do you need to create cooperative teams?

Innovation Excellence

Hi, my name is Sari van Poelje, I’m an expert in agile, innovative design. I fly around the world helping businesses innovate as quickly as they innovate their products. One of the questions I’m often asked is, “What skills do you need for cooperation and especially to create cooperative teams?”Well, we just said, the first skill.

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Strategic Drift: How to avoid losing competitive advantage

Cascade Strategy

What is strategic drift? If you fail to adapt to your environment your business will suffer. Kodak’s failure to seriously pursue digital photography in favor of film photography, their established business line, plunged them into bankruptcy. What caused Kodak to fail? They had the talent, capital, technology (they invented the first digital camera in 1985) and had close to a decade to adapt their business to the true demand of their customer: easily accessible photos without the hassle of purcha

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To Innovate, You Must Be Able to Change Your Mind

helloFUTURE

Altered States Lead to New Creates. In many of the exercises we run, try to alter the typical mindset of the attendees as soon as they arrive at the session. The sooner we can alter the mindset of the attendee, the sooner we can get to the significant ideation. In some cases, we need to… The post To Innovate, You Must Be Able to Change Your Mind appeared first on hellofuture.

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3 Research-Backed Ways to Boost Your Creativity (60-Second Video)

Entrepreneur - Innovation

Creativity 'nudges' can come from changes to your surroundings as minimal as a warmer cup of coffee or different colors in the room.

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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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Innovation: Don’t flirt if you don’t mean business

Innovation Excellence

“This has been the most energized, inspired day in my long career here,” proclaimed a Senior Director of R&D of a durable goods company, “but it will be a complete waste of time if the company doesn’t launch any of these products or services.” His comments resounded with prophetic pomp, a sad vocal thunder. Everyone.

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Aussies Tackle Antibiotic Resistance

IdeaSpies

by: Melissa Raassina & Rebecca Morehouse In celebration of World Microbiome Day, we're discussing all things microbes and antibiotic resistance! Many people are asking, what happens if antibiotic resistance continues to spread? And how can we prevent antibiotic resistance from spreading further? Why? Antimicrobial resistance, more commonly known as antibiotic resistance, is a big issue facing the population on a global scale.

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Writing Taglines: Just Do It? Or Don’t?

Brunner

Woo-hoo! I get to write a tagline that’ll define a brand for years to come. Eek gads! I’m supposed to write a tagline that’ll define a brand for years to come. Writing a tagline is an opportunity. And yes, writing a new tagline can also feel like you’ve been tasked with finding a brand’s holy grail. But first things first…do taglines even work? Depends.

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Dematerialization—A Pathway for Innovation

Daniel Burrus

The ability to make products and features smaller is called dematerialization. Dematerialization is a key strategy for innovation and improving what we utilize in business and society. Technology is ever-changing and constantly improving. The ability to reduce the amount of material it takes to build the physical things that accomplish digital tasks is revolutionary and, likewise, growing as fast as the industries they serve a purpose in.

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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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The One Genius Google Innovation Strategy That You’ve Probably Never Heard Of

Innovation Excellence

It’s no secret that Google is one of the most innovative companies on the planet. Besides pioneering and then dominating the search industry, it has also become a leader in developing futuristic technologies such as artificial intelligence, driverless cars and quantum computing. It has even launched a life science company. What makes Google so successful is not one particular.

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Is your Firm Prepared to Collaborate?

IdeaSpies

Most product and technological innovations come from knowledge-intensive industries like computers, biotechnology, health care, and national defense. In those industries, the ability to collaborate, both within and across organizations, is a must. Collaboration has been shown to reduce risk, speed products to market, decrease the cost of product development and process improvement, and provide access to new markets and technologies.

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Looking at Information and Ideas

Beyond the Obvious

My wife is famous for being a little frugal. She once routed me and our son Logan from Las Vegas to Phoenix to Los Angeles and finally to San Jose because she could save twenty bucks each over the nonstop fare. Kind of nuts, right? But if I’m honest I have the same mind-set in […].

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Innovation Attitude = Innovation Success

Phil McKinney

I find it interesting that we usually get from other people exactly what we expect of them. If we are looking for friendship, we will likely receive it. If our attitude is that of indifference, we will get indifference. And if we are looking for a fight, we will in all likelihood find ourselves in […].

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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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Are other peoples’ fears the cause of your frustration?

Innovation Excellence

I was working with a pharmaceutical distribution business that needed to innovate, and fast. Drugs were coming off-patent, and industry forces were going to change who made money and how. The MD was worried. He was also frustrated that his senior managers, who he described as excellent operations people, were failing to come up with.

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Cognitive biases in software testing and quality assurance

Exoplatform

One of the fundamentals of software testing; as referred to by the International Software Testing Quality Board (ISTQB); is that testing helps detection of defects. Taking into consideration that humans are an integral entity in software development, it is impossible to certify a 100% bug-free programme when tests aren’t detecting any defects. The post Cognitive biases in software testing and quality assurance appeared first on eXo Platform Blog.

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An Innovative Complaint: United Breaks Guitars

InnovationManagement

In 2008, Dave Carroll, a Canadian guitarist and songwriter, flew with United Airlines from Halifax, Nova Scotia to Omaha, Nebraska with a stop at Chicago’s O’Hare airport. During the layover at O’Hare a fellow passenger saw the baggage handlers throwing baggage including Carroll’s precious guitar. The post An Innovative Complaint: United Breaks Guitars appeared first on Innovation Management.

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25 Entrepreneurs Share the Worst Advice They Ever Received

Entrepreneur - Innovation

When in doubt, trust your gut.

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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.