Sat.Apr 15, 2017 - Fri.Apr 21, 2017

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The TRUE story of Post-It Notes, and how they almost failed

Idea to Value

Everyone knows the story of the humble Post-It Note, and how it represents an idea’s ability to evolve and flourish. Some people would even hold up Post-It Notes as a symbol for innovation itself, much like the lightbulb is a symbol for an idea. Yet what hardly anyone knows is that Post-It Notes were amazingly close to the same fate as 96% of other innovations: complete failure.

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Why Government is Essential for Private Sector Innovation

Destination Innovation

Steve Jobs announced the iPhone to the world on 9 January 2007. This iconic product became a sensational success and propelled Apple to become the most valuable company on Earth. It created a new product category, the smartphone, which has become the must-have item for people in all nations. It became a platform for secondary markets in apps, music and videos.

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What is Free Innovation?

HYPE Innovation

Kittihawk, 1903. Wilbur and Orville Wright, up at an insanely early 5am, listening to the wind singing in the wires of their fragile aircraft. They’ve been doing this for three years – in fact ever since they had the idea of attaching wings to the bicycles their repair business operated on. Whatever else drove them to that lonely beach it wasn’t the prospect of making money out of selling aeroplanes – there was no aircraft industry, just a bunch of crazy enthusiasts like them.

Industry 174
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The backdrop of digital transformation and its consequences

Paul Hobcraft

Digital transformation is now omnipresent and has the potential to reshape the way all organizations operate. The customer has become absolutely central to this transformation and the drive towards the 4th Industrial revolution is driving this transformation wholesale across all industries and services engaged in business. Let me outline some of the challenges in my opinion that might help us all form a clear view of the digital transformation journey, recently researched.

Report 168
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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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The Business Case for Incremental Innovation

IdeaScale

Innovation can start small and snowball over time. Does innovation have to be enormous and grandiose? We often like to fondly remember world-changing innovations as just that, but that ignores all the good ideas that were overhyped, poorly implemented, and quickly forgotten. Remember the hype around the Segway? Innovation doesn’t have to be, and sometimes can’t be, massive and world-changing.

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Inside the Mind of Jeff Bezos

Braden Kelley

It is not too often that the leader of a Fortune 500 gives you an insight into how their company achieves competitive advantage in the marketplace in a letter to shareholders, instead of launching into a page or two of … Continue reading →

More Trending

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These 3 Technological Forces That Are Changing The Nature Of Work

Digital Tonto

As automation produces ever greater abundance, humanity itself is becoming the scarce, and therefore most valuable, resource. Related posts: Why We Seem To Be Talking More And Working Less—The. [[ This is a content summary only. Visit my website for full links, other content, and more! ]].

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10 Ways to Simplify your Business

Destination Innovation

Gordon Tredgold. We tend to over-complicate things. We try to do to many things instead of focusing on a handful of essential priorities. So says Gordon Tredgold in his book, FAST – Principles every business needs to achieve success and drive results. He expounds four key precepts: Focus, Accountability, Simplicity and Transparency. The book has many stories, examples and useful tips.

Tips 100
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10 Free Change Planning Tools

Braden Kelley

Have you downloaded your ten free change planning tools?

Tools 117
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50 Research Methods for Innovation Infographic

Open Innovation EU

A few weeks ago entrepreneur Valer Pop, CEO of LifeSense Group told his startup story to us at the High Tech Campus. After having a successfull career at Holst Centre, Valer decided to start his business with just a small idea: solving unwanted urine loss. He was working on this idea at Holst Centre, but after meeting co-founder Julia Veldhuijzen, Valer and she decided to start up their own business and create specialized medical underwear to help 400 million women worldwide.

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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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4 Things Every Entrepreneur Should Know Going In

Digital Tonto

A startup isn't a smaller version of a big company, It's a search for a sustainable business model. Related posts: 3 Things That Will Eventually Kill Your Business. 5 Business Lessons From The. [[ This is a content summary only. Visit my website for full links, other content, and more! ]].

Company 81
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Internal Branding Strategy – 3 Ways to Be Smarter than United Airlines

BrainZooming

The folks at Armada Corporate Intelligence offered an internal branding strategy take on the United Airlines woes, offering strategic thinking questions you can ask and answer to improve your brand’s resiliency and avoid brand crises. 3 Ways Your Internal Branding Strategy Can Be Smarter than United Airlines. Via Armada Corporate Intelligence.

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Change Your Thinking, Improve Your Results

Daniel Burrus

Every successful company and organization inevitably must confront a key question: Is what got us to where we are today helping us to move forward, or holding us back? We’re thinking and acting as usual, but something is misfiring. You may be dealing with what I refer to as “legacy thinking.” And, left unchecked, legacy thinking can pose enormous obstacles to your continued success—or worse.

Change 69
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A Peek Inside the Mind of Jeff Bezos

Innovation Excellence

It is not too often that the leader of a Fortune 500 gives you an insight into how their company achieves competitive advantage in the marketplace in a letter to shareholders, instead of launching into a page or two of flowery prose written by the Public Relations (PR) team that works for them. The former.

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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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Disruptive Innovation: Drones

Collective Innovation

You can be sitting on a ledge enjoying the scenery when they come flying by you. Large, metal dragonflies which are delivering product or correspondence to someone miles away. Drones are an innovation that is beginning to catch the imagination of the marketplace more and more. Indeed, these little gizmos are flying delivery trucks for many companies.

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Branding Strategy – A Strategic Thinking Question to Add New Value

BrainZooming

It’s natural for a business to struggle with new ways and places to add value for its customers. Other than dropping price, in what ways can you adapt your branding strategy to boost the benefits and reduce the costs (be they financial or non-financial) of having your company as a provider? That’s a huge question. One way to look at your branding strategy to identify new value opportunities is to ask this strategic thinking question: What mistakes are customers prone to make before and after the

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Five Ways Sustainable Innovation is Different from Normal Innovation

InnovationManagement

Today's innovation rules were forged in a world that paid little attention to sustainability, where profit was separate from this higher purpose. Yet the disruptive nature of sustainability must surely change the way we innovate too. We must continue to reinvent our innovation processes to ensure it is fit for a changing world, in the five ways highlighted here.

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Three Questions that matter the most for a Leader

Rmukesh Gupta

Questions that matter the most by Mukesh Gupta. When we look at all the aspects of leadership, there are three core and fundamental questions that matter the most to the people whom we intend to lead. Do You Know What You Are Talking About? The most important aspect of leadership, then is competence. Do we know what we are talking about? Do we know what the ground reality is?

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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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The Untold History of the Wheel: Infographic

Innovation in Practice

David Kwon shared this amazing infographic detailing the history of the wheel. It's a nice follow-on post to mine: The Wheel: A Great Innovation? There are a lot of myths and misperceptions about the wheel and it's impact on society.

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Strategic Planning Process – 5 Secrets to Get 6 Months of Work Done in One Day

BrainZooming

I was talking with a friend about how we approach developing a strategic planning process for a client. During the conversation, she asked me about the proudest moment we have had with The Brainzooming Group. I told her I don’t tend to think about moments of pride, since I try to avoid the seven deadly sins as best I can! In response, though, I shared a client’s comment after we completed an all-day social content strategy workshop: “We got six months of work done in one day.”

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99 Mental Barriers for Innovation Infographic

Open Innovation EU

Many of our students work on innovation projects for SME. When asked to organize an ‘open innovation session’, students enthousiastically start to read details about open innovation, open sessions and different ways of creating an open innovation-mindset within SME. We usually point them to the excellent work of Lee et al (2010) , an article that points out that SME usually prefer to be open in the exploitative stage of an innovation process (rather then the explorative stage of inno

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How to measure innovation output (part one)

Idea Drop

How to measure innovation output is a question that continues to perplex executives from across the business world. It’s a simple enough question, but the answer is far from straightforward. We live in a data-driven era where focus on tangible metrics is imperative to establishing successful initiatives and processes. The importance of measuring these initiatives and establishing appropriate metrics is widely understood to be the key to developing and growing.

How To 53
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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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Why We Must Change Our Mental Models from Hierarchies to Networks

Innovation Excellence

Once you start thinking in terms of networks rather than hierarchies, it becomes clear that we must change how we do things; and not just within organizations, but also in how we approach a competitive marketplace. As it turns out, firms that seek to strengthen industrial networks have a big advantage over those that seek to preserve hierarchies.

Change 50
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Investing in the Economy of Innovation

Svava

Investing in the Economy of Innovation In order to thrive Over the last couple of decades there has been a shift in the world’s economy. While the age of industrialization has brought us the technology and means to link the economies of super powers with those of emerging markets, we are no longer dictated by […].

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Success – the Enemy of New Work

Mike Shipulski

Success is the enemy of new work. Past success blocks new work out of fear it will jeopardize future success, and future success blocks new work out of fear future success will actually come to be. Either way you look at it, success gets in the way of doing new work. Success itself has no power to block new work. To generate its power, past success creates the fear of loss in the people doing today’s work.

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How to measure innovation (part two)

Idea Drop

In part one of this post , we introduced the recurrent problem of how to measure innovation output. We touched on the necessity of having appropriate metrics in place, the various challenges involved and the importance of setting objectives. In part two we will be sharing some recommended innovation metrics to use as a guide and how to go about implementing these metrics.

How To 49
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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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Fitting understanding into the innovation puzzle

Guide 4 Innovating

Formalizing a new Innovation learning-as-a-service is complicated, far more than I originally thought. Still, a certain course has been set and it is now working through much of its structure, learning much myself on the way to fit this within the innovation puzzle we all have. When I was thinking through this concept I fall back into onto one of my most valuable techniques to work through a set of questions and capture all the different thinking and that is in my use of Mind Mapping.

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Innovations in Automation Demand Employee Upskilling and Soft Skill Development

Innovation Excellence

Overall, there exist about five million fewer manufacturing jobs today than in 2000, a problem that government leaders have been ignoring by “recklessly putting their heads in the sand,” according to Martin Bryant of the Manchester Digital council.

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Achieving Disruptive Innovation

The Human Factor

“Disruptive innovation” seems to be one of the more popular buzzwords in today’s business lexicon. Many companies pursue it. Few actually achieve it. Most end up settling for incremental innovation. What’s the difference between the two? Apple offers a perfect example. When the iPad and iPhone first came out, they revolutionized the mobile tablet and smart phone industries.

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Are Introverts More Innovative than Extroverts?

InnovationManagement

The assumption that an introvert is insecure or antisocial can do a major disservice to that person - and to your company. To truly innovate and grow your business, it's important to utilize all of the skills that your employees can contribute in their own way.

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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.