Sat.Jun 01, 2019 - Fri.Jun 07, 2019

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5 Ways to Build a More Innovative Culture at Work

Innovation Excellence

It is said—and widely accepted—that culture eats strategy for breakfast. Company culture is also an important driver for innovation. According to a 2016 Gartner Financial Services Innovation Survey, “The biggest threat to innovation is internal politics and an organizational culture which doesn’t accept failure, doesn’t accept ideas from outside, and/or cannot change.

Culture 104
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Five Insights of Breakthrough Innovation

InnovationManagement

Breakthrough innovation is not something everyone can accomplish. You have to systematically develop the capability to execute it successfully, and that is something you do not achieve overnight. The post Five Insights of Breakthrough Innovation appeared first on Innovation Management.

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Valuing digitization alongside innovation

Paul Hobcraft

We all see around us increasing disruption caused by digitalization. The powerful effects of digitalization are opening up different business opportunities, the chance to design different business models and get far closer to the ultimate need, to understand the customers wishes from the products and services they are wanting to buy. We are seeing a very distinctive advantage in embracing digitalization into innovation.

Data 208
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Overcome the Customer’s Concern – Transfer the Risk

Destination Innovation

During the economic depression which followed the financial crash of 2009 car sales slumped across America. Automobile makers tried all sorts of promotions, many featuring big price cuts, but they could not lure buyers onto their forecourts and persuade them to buy. Rebates and other traditional incentives just were not working. Hyundai USA took a different approach.

Marketing 203
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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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Exago CEO shares best practices on promoting a culture of innovation

Exago

The CEO of Exago, Diana Neves de Carvalho, was invited to an internal session about “how to encourage a culture of innovation in companies” for the employees of CTT, the market leader in postal services in Portugal. The post Exago CEO shares best practices on promoting a culture of innovation appeared first on Exago.

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Key Takeaways from April’s Open Innovation Summit

IdeaScale

The Open Innovation Summit is all about expanding innovation beyond a small committee or a lab in the building to your entire organization. Just like any other scaling project, taking innovation company-wide can come with unexpected obstacles. Ideascale’s Jessica Day attended the conference and came away with a few key points to consider and how to apply them practically to your organization.

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How to answer the interview question, ‘Why should we give the job to you?’

Destination Innovation

The WHY, WHAT, HOW approach. It will differentiate you from the other candidates. The interviewer asks you WHY you should get the job. You answer, ‘Because of WHAT I can do for you and the department.’ Then address some of the real issues that face the interviewer. Issues that you should have ascertained during your research and during the interview.

How To 189
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The power of your gut- a hot topic in health!

IdeaSpies

The gut microbiome is emerging as a “hot topic” in health care right now, and scientists are amazed at the connections being made between our gut bacteria and our health and wellbeing. The bacteria and other organisms that reside in our gut have been implicated in a number of diseases ranging from colorectal cancer and ulcerative colitis, through to cardiovascular disease, diabetes, anxiety and depression, and even Alzheimer’s and Parkinson’s disease.

Report 108
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Seven Free Brainstorming Tools for 2019

IdeaScale

Brainstorming is the start of innovation, but sometimes you need a little push. These brainstorming tools will help you find the creative momentum you need. Google Docs And Google Sheets. Google Docs offers a sort of collaborative scratch paper for brainstorming, while Google Sheets offers a more organized approach to sort ideas and leave notes. These two programs are especially useful as collectors of ideas; team members can leave a sheet open and type in thoughts as they come in, instead of pe

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How To Build An Ecosystem Strategy

Digital Tonto

The truth is that value chain based strategies are slow and rigid and the world has become fast and agile. You can’t simply seek to build a better mousetrap, you need to relentlessly connect to build. [[ This is a content summary only. Visit my website for full links, other content, and more! ]].

Strategy 117
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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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Startup Ideas are NOT Inspired on the Spur of the Moment!

InnovationManagement

Based on research in the market and in many countries, I tried to figure out the exact mechanism by which startup ideas are created. Aim is to facilitate and expedite this process for would-be entrepreneurs. Is it mainly a matter of brainstorming effort or are external factors at play? The post Startup Ideas are NOT Inspired on the Spur of the Moment!

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Hollywood inspires a new way of making investment decisions

Board of Innovation

Decision-making for new business models does not have to be as unsuccessful as a casino trip to Vegas. Who better to analyze data than unemotional machines? We'll show you what you can learn from it when faced with new business investments. The post Hollywood inspires a new way of making investment decisions appeared first on Board of Innovation.

Data 90
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How To Write A Strategic Plan: The Cascade Model

Cascade Strategy

Writing a strategic plan can be a daunting process, even for seasoned strategy professionals. However, if you have an intimate knowledge of your business, and have a clear strategic model to follow, writing a strategic plan is actually surprisingly easy.

How To 81
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Why You Don't Need to 'Reinvent the Wheel' to be an Entrepreneur

Entrepreneur - Innovation

Avoid the hubris of over-stretching yourself when you start out. You will thank me for it.

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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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7 Effective Ways to Rock Walking Meetings

InnovationManagement

Walking is good for your health. However, working for long hours and having a tight schedule can leave you with little to no time to enjoy the benefits of going for a walk. The post 7 Effective Ways to Rock Walking Meetings appeared first on Innovation Management.

Meeting 87
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Crossing the Innovation Delaware

Gregg Fraley

Hope is a Four Letter Word in Innovation. Hope — the cornerstone of innovation culture. Hope is inspired by successful projects; the lesson of Washington at Trenton. In the innovation space there is a great deal of discussion about mindset. Rightfully so, attitude and thinking patterns have everything to do with setting the table for a productive innovation culture.

Project 77
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Prioritize Your Best Ideas With One Powerful Tool

Innovation Excellence

Innovation is as much about choosing what not to do as it is about deciding what you’re going to do. I’ll never forget the words of a client of mine, an executive at PepsiCo: “We can do anything, but we can’t do everything,” he said to me. So true. But most companies forget this fact. They.

Tools 76
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How to Write a Good Vision Statement

Cascade Strategy

A vision statement is the anchor point of any strategic plan. It outlines what an organization would like to ultimately achieve and gives purpose to the existence of the organization. A good vision statement should be short, simple, specific to your business, leave nothing open to interpretation. It should also have some ambition.

How To 76
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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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Driving Exponential Online Growth by Creating and Reaching New Digital Customers

InnovationManagement

How can we succeed in the online world when it seems to be changing by the day? This article explores critical questions business leaders need to be asking themselves as they explore case examples and strategies that have been applied by others, examine how the technologies and capabilities of the ‘mobile first’ internet could evolve in the next few years and identify a set of practical actions they can adopt to drive exponential online sales growth.

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Level up your entrepreneurial game with our battle-tested playbooks

Leanstack

If you’re a long time reader of this blog, chances are high you’ve read my first book: Running Lean. But did you read my second book: Scaling Lean ? My research says probably not. You’ve probably been waiting to pick up the second book for when you’re actually scaling your product. Being a deliberate reader myself, I’d probably have done the same. But what if I told you that, despite the title and book cover, Scaling Lean is actually sort of a prequel, not a sequel.

LEAN 74
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Why Do So Many Innovation Programs Fail?

Innovation Excellence

Whenever we talk to executives and ask how their past innovation efforts have succeeded, we usually get quite a muted response. Most have tried at least some innovation initiatives or programs, and many have had positive experiences from some of them, but overall the end result often seems to be a bit of a disappointment.

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How to scale your startup to Berlin – Recap Deep Dive Week Berlin

etventure

Berlin has established itself as one of the most important startup hubs in Europe over the past years. Its digital economy is booming – the economic federation partner “Berlin Partner” estimates that around 300.000 new jobs will be created in the next 15 years. But how can you scale your startups business into the German market in a successful way?

How To 68
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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 power of your gut- a hot topic in health!

IdeaSpies

The gut microbiome is emerging as a “hot topic” in health care right now, and scientists are amazed at the connections being made between our gut bacteria and our health and wellbeing. The bacteria and other organisms that reside in our gut have been implicated in a number of diseases ranging from colorectal cancer and ulcerative colitis, through to cardiovascular disease, diabetes, anxiety and depression, and even Alzheimer’s and Parkinson’s disease.

Report 57
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Want to Become a Successful Tech Company? Be Boring!

Entrepreneur - Innovation

Tech companies often only want to work on the buzziest projects. But if they put aside their egos, they'd discover a far wider world of opportunity.

Company 71
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Top 20 Innovation Articles of May 2019

Innovation Excellence

Drum roll please… At the beginning of each month we will profile the twenty posts from the previous month that generated the most traffic to Innovation Excellence. We also publish a weekly Top 8 as part of our FREE email newsletter. Did your favorite make the cut? But enough delay, here are May’s twenty most.

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The Regulator Requires a Director of Innovation

InnovationManagement

Regulation has a critical role to play to protect customers and businesses operating in industries that are sensitive to various threats. In complex industries such as the financial industry, regulation is often perceived as a barrier and a burden. The post The Regulator Requires a Director of Innovation appeared first on Innovation Management.

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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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An Obstacle to Resolve or a Bona Fide Emerging Issue?

Focused Momentum

A measure of strategic management capabilities is how well a leadership team can balance responding to market conditions and staying focused on achieving objectives set out in a long-range strategic plan. Testing of this balancing act starts in the early months of implementing a new strategic direction as operational teams start digging into new objectives.

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Four Tech Founders Share Their Low-Tech Strategies For Success

Entrepreneur - Innovation

Owning an innovative technology is just one part of building a successful startup.

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Why Your Startup Will Fail

Innovation Excellence

The vast majority of startups will fail and the numbers are even higher in biomedicine due to the numerous risks involved in getting a product or service to patients in a highly regulated industry that involves human subject and clinical trials. Add to that the many barriers to adoption, dissemination, diffusion and implementation and why clinical trial results.

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Use Anticipation to Turn Disruption Into Opportunity

Daniel Burrus

For the longest time, cable television was a miraculous technology that not everybody had in their homes, mostly because not everybody could afford it. Now, not everyone has it in their homes because YouTube TV, Sling TV, and other new, emerging technologies have disrupted the broadcast industry. So why didn’t Spectrum think of it first? Why did they become the disrupted and not the disruptor?

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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.