Sat.Aug 01, 2020 - Fri.Aug 07, 2020

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How Liebherr Engages Its Customers with Crowdsourcing

HYPE Innovation

This blog post is part of a series on successfully managing open innovation programs. In this series, I talk with experienced innovation managers to understand how they've built an open innovation capability in their organizations and how they strive to make this capability increasingly stronger.

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Exago and Número 7 launch N7 e-commerce for businesses to conquer their digital space

Exago

With COVID-19 massively accelerating digital transformation, Exago and Número 7 join efforts to launch the N7 e-commerce offer and help businesses find new routes and spaces to welcome customers online. The Número 7’s marketing DNA and Exago’s know-how in innovation will enable companies to speed up the shift to digital and reach new markets, by using VTEX, the fastest-growing e-commerce platform in the world.

Marketing 189
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We Need To Unlock The Power Of Cause And Effect

Digital Tonto

Our historic inability to encode a basic understanding of cause and effect relationships into our algorithms has been a serious impediment to making machines truly smart. Clearly, we need to do. [[ This is a content summary only. Visit my website for full links, other content, and more! ]].

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Podcast S4E72: Mark Batey – How our environment affects our creativity

Idea to Value

In today’s episode of the Idea to Value Podcast, we speak again with creativity researcher Professor Mark Batey from the Manchester Metropolitan University. We speak about some of his most recent research into how our environment affects our performance and creativity, and people who use their creativity for evil purposes. Mark is widely published on the subject of creativity and is the Associate Editor of the International Journal of Creativity and Problem Solving and an editorial board m

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Turn Payments Into Personalization: Unlock the Value of Transaction Data

Speaker: Loreal Lynch, Everett Zufelt, and Michaela Weber

Once upon a time, in the vast realm of online commerce, there lived a humble checkout button overlooked by many. Yet, within its humble click lay the power to transform a mere visitor into a loyal customer. 🧐 💡 Getting checkout right can mark the difference between a successful sale and an abandoned cart, yet many businesses fail to make payments a part of their commerce strategy even when it has a direct impact on revenue.

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Forget Best Practice, Think Always Of Learning Next Practice

Paul Hobcraft

Often you hear the request made: “Can you give us a best practice snapshot; we would like to get a sense of where we are”. The trouble with best practice is you are looking at someone else’s practices and these are highly individual, made up of different groups of methodologies, processes, rules, theories, values, and concepts. These together have provided that specific company a level of success that others – mostly competitors – begin to notice.

Learning 162
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The Innovator’s Mindset: Collaboration as Competitive Advantage

IdeaScale

Innovation can make or break the success of a company. During the COVID-19 pandemic, business owners are thinking outside the box to find new ways of reaching and retaining customers. When creating an innovation strategy, consider internally and externally prioritizing collaboration. This helps you turn valuable resources into a competitive advantage.

More Trending

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Failing Is Learning; Fail Fast to Learn Faster

Daniel Burrus

It was Thomas Edison, inventor of the lightbulb and other mainstays of the modern world, who said, “I haven’t failed, I’ve just found ten thousand ways that don’t work.”. This concept is lost on many in the information age, unfortunately. Because of the immediacy with which we receive both positive and negative feedback from our peers now, when we innovate and put something into the world and promptly receive less than desirable results, or it doesn’t work the way we wanted it to, we are more ea

Learning 119
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The Future of Leadership Development Consulting is Here: a New Job is Emerging

InnovationManagement

The true basis of leadership is built upon a model generated by an X and Y axis. One side is the concept of leadership that creates change through a process-oriented approach, and the other as more of a relationship-oriented one. The post The Future of Leadership Development Consulting is Here: a New Job is Emerging appeared first on InnovationManagement.

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What I’ve Learned In My First Month at IdeaScale

IdeaScale

I joined IdeaScale in March 2020, just as the COVID-19 pandemic had thrown the whole world into lockdown mode. Schools and daycares were closed down, office workers became strictly homebound, airports were empty, and hospitals were overcrowded while simultaneously becoming incubators for the virus. In a matter of weeks, all sense of normalcy was gone … Continued.

Learning 130
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Telemedicine is Laying the Roadmap for Healthcare's Future

Entrepreneur - Innovation

One New York doctor explains how it has "introduced a whole new level of convenience and respite.".

Roadmap 136
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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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B2B vs B2C: A very different circular business model challenge

Board of Innovation

The success in adopting a circular business model (CBM) varies greatly from one business to another, as it depends on the stakeholders and customers-alike buying in, every step of the way. This article looks at factors that can potentially challenge B2C and B2B in specific use cases; of which the findings may be used to identify hangups and important areas of focus for future CBM strategies.

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Where Did the Suggestion Box Come From?

InnovationManagement

And what’s changed along the way? Online ideation and collaboration might be a fairly recent business practice, but the suggestion box concept has been around at least since the 18th century. The post Where Did the Suggestion Box Come From? appeared first on InnovationManagement.

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Exploring the Difference between “Anything Goes” and a Culture of Innovation

IdeaScale

An innovation culture adds value to an organization. Leaders and employees want to create an environment where they can freely share ideas, collaborate, and experiment. Though creating this type of culture may sound simple, it often is not. Idea sharing and collaboration are fun aspects of innovation, but there is another side that must be … Continued.

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How DeFi Will Reshape Financial Services

Entrepreneur - Innovation

Decentralized Finance continues to mature and attract significant capital investment.

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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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Best Practices for a Global Trademark Presence: Four Key Takeaways

Anaqua

In the age of big data and new technology, companies are increasingly relying on intangible assets such as intellectual property, data and algorithms to drive their brand value. Indeed, more than a third of the value of manufactured products sold around the world comes from “intangible capital,” according to the World Intellectual Property Organization.

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LEADING AND MANAGING TRANSITIONAL CHANGE

ImagineNation

In our last blog “Leading and managing human transitions through disruption and adversity,” we described the importance of leaders and managers becoming more generous, tolerant, caring, empathic not only with themselves, and also with others they interact with. Describing how many leaders and managers have been emotionally hijacked by the often-dire consequences of their own particular series of downturns and stresses, causing them to unconsciously resist, or react against the current Covid-19 r

Change 85
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How to Create Positive Impact as a Company

Tullio Siragusa

How to Create Positive Impact as a Company. The success of every business has always mostly been measured by the amount of money that it makes. The focus of leadership, company goals, and market position are all mostly tied up around making money. However, there is a social responsibility of every business that cannot be ignored. Every business employs people and targets customers.

Company 84
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Digital Transformation = Reimagining of the Business for the Digital Age

Rmukesh Gupta

Premise: I had the opportunity to host Mr. Vijay Sethi (CIO, CHRO and head of CSR at the world’s largest two wheeler manufacturer – Hero Moto Corp) on a meeting and request him to share his his insights and learnings about digital transformation. He also busts some of the myths about digital transformation. If digital transformation is a topic of interest for you, I highly recommend that you watch the entire session here. .

Roadmap 80
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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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#1,839 – Six Different Types of COVID-19

Greatest. Idea. Ever.

There’s been some speculation that there may be different strains of COVID-19 making the rounds, including a West Coast strain that may be more contagious but less deadly than the strain that hammered New York City earlier in the year. And in fact there may actually be six different types of COVID-19, each with their own trademark set of symptoms.

Study 82
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What is Innovation Really Like in the Trenches?

Innovation Leader

”[Innovation] is like a movie set that looks stunning on-camera, but relies on…work behind the scenes.

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Build vs. Buy: Should You Buy Software or Develop It Internally?

Kainexus

For many years, leaders have questioned whether it is better to make or buy software solutions for the many business problems they face. Pros and cons are weighed to figure out what is going to be most cost-effective and efficient for the business. It's important to remember that accurately estimating the long-term consequences of this decision can be difficult.

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Debunking Myths to Drive Growth

Innovation Excellence

Some people believe that the most innovative companies create customer demand with breakthrough new offerings. They say things like, “Nobody knew they needed an iPhone until Apple created it. Apple created needs that people didn’t even know they had.” Hence, if you want to be an innovation leader, strive to create customer needs. This may sound good, but it’s a misbelief caused by confusing product solutions with customer needs.

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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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Getting Ready for the Hybrid Workplace: The New Normal of Work

Acuvate

Getting Ready for the Hybrid Workplace: The New Normal of Work The onset of the pandemic has revolutionized the way organizations are functioning. With offices sitting empty and households buzzing with the noise of back-to-back meetings and calls, what “normal” looks like has certainly taken a complete turn. Companies and employees are looking at the […].

Meeting 69
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Joining the transformation and innovation dots

Cris Beswick

No one is an island, so the saying goes, and the same is true of business concepts and delivery. Leadership theory, sustainability, lean project management, or indeed any other business practice cannot be taken in isolation. And if you try then the inevitable outcome is a clash between existing and new methodologies alongside confusion and … Continued.

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#1,841 – The Solfeggio Frequencies

Greatest. Idea. Ever.

I am not writing this blog post. Rather, I’m speaking it using Microsoft Word’s dictation software due to the fact that I recently fractured my arm riding my bicycle. It’s not an ideal situation but it’s better than nothing. Truth be told though, I can’t wait to get back to typing. You would think that I could speak faster than I can type but for some reason I actually think faster while typing.

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What Is An Innovation Sprint And Why You Might Need One?

Innovation Excellence

Innovation Sprints are a really hot topic right now and for good reason. Some of the biggest companies in the world are using them to build the products we know and love. If you don’t know what an Innovation Sprint is, it’s essentially a framework that allows you to decide on a problem, generate solutions and prototype and then test ideas with real consumers, in between 3 and 5 days.

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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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15 Leadership Skills That Build Trust

Kainexus

Last week we wrote about how distrust is a barrier to change. This post outlines some of the leadership skills and behavior known to increase trust and employee engagement. You probably do some of these things really well already, but perhaps the list will remind you where improvement is still needed. This is also a useful list to share with those who are just beginning to develop their leadership skills.

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20 Post-Pandemic Innovative Solutions and Products

ITONICS

Covid-19 will probably go down in history not only as a large health and economic crisis but also as a driver for digitalization and innovation in fields ranging from healthcare to manufacturing. Believe it or not, a crisis like this creates a far more stimulating environment for change than economically stable times. And the extent to which people have been uniting around the pandemic and seeking new solutions are a vivid manifestation of this.

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Trends in Training & Development

InnovationTraining.org

Learn about the latest training trends and practices here. Today’s workforce is competitive, goal-oriented and self-motivated. In order to attract and keep top talent, you need to provide them with the resources and support they need to succeed. When employees have ample opportunity to learn and advance their careers, they are less likely to want to leave.

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How internal innovators win the game

Innovation Excellence

Kaihan Krippendorf ‘s latest book, Driving Innovation from Within , takes you smoothly in the intrapreneurs’ journey: his book guides internal innovators to innovation success through meaningful innovators’ stories, research, and wise and shrewd guidelines. It’s a long time since I did not read such a piece of work, steeped in intelligence: I couldn’t resist to extend the pleasure by asking Kaihan a few questions.

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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.