IdeaScale

DECEMBER 15, 2021

Overview: Technology is allowing communities to both understand the scale and the nature of racial inequity in their midst. By improving access to technology, developing more effective technology, and using it to drive policy, they’re beginning to address long-standing racial issues. Is Technology Biased? One of the most uncomfortable discoveries in the early years of machine learning was that long-standing social biases emerged from data.

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Technology Policies Artificial Inteligence Data 130

Wellspring

DECEMBER 15, 2021

Every so often we ask our community to sound off on popular topics in innovation and share their best tips, tricks, and advice in hopes that their answers may inspire others in the field. We’ve gathered these insights by email, over phone calls, at events and roundtables, and catching up with clients and colleagues.

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Business and Tech

DECEMBER 15, 2021

Over the past two years, America’s small business owners have faced unthinkable challenges, and while we are now moving forward — albeit slowly — we know one of the biggest tools driving how we do business is the ever-evolving landscape of technology. The pandemic changed not just how and where we work, but also how we strategize business plans and think about future business growth.

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Paul Hobcraft

DECEMBER 15, 2021

I have just finished the second of a planned series with one of my favourite long-term collaborators Jeffrey Phillips. The link to this conversation is here , it is just over 15 minutes long. as a conversation between us, where we emphasise the important linkage between innovation and strategy. You might believe this is a no-brainer but you would be really surprised that this ‘tight’ linkage is often lacking.

Strategy 312

Strategy Strategy Innovation Resources 312

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.

Data

Idea to Value

DECEMBER 13, 2021

If you spend enough time around innovators, you will often hear them speak about wanting to find their “Eureka Moment” Even though the eureka moment for business ideas is primarily a myth , the romance of the perfect idea is often attributed to the ancient Greek scientist Archimedes. The story goes that he noticed how the level of water in his bathtub would rise, and he could use this to calculate the volume of a gold crown, a challenge set him by a king.

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Digital Tonto

DECEMBER 12, 2021

Many hoped that this year would be a return to normalcy and in some ways it has been. The trend toward popular authoritarianism seems to have ebbed and, for the most part, economies are back on. [[ This is a content summary only. Visit my website for full links, other content, and more! ]].

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Trends 190

IdeaScale

DECEMBER 14, 2021

Overview: Nordstrom, already facing headwinds due to changes in retail, has been using the data it aggregates to create more specific and meaningful private brands, bring in new labels for pop-ups, and other approaches that keep the 120-year-old department store relevant. A Difficult Road, And Then A Pandemic. The brick-and-mortar retail industry has faced difficulty over the last decade, thanks to a mixture of eCommerce and changing market tastes.

Technical Review 130

Technical Review Data Trends Marketing 130

Idea to Value

DECEMBER 17, 2021

This post is a bit more personal. When I was 29, I took 5 months to travel around South America. While I was there, I spontaneously decided to climb a mountain. Not just any mountain. The 6,088 meter high Huayna Potosí in Bolivia. That is higher than. My reasons were totally rational (and in no way an idiotic way to almost get myself killed): I wanted to see if I could do it.

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Board of Innovation

DECEMBER 16, 2021

Validation is the process of gathering evidence and learning around business ideas through experimentation and user testing, in order to make faster, informed, de-risked decisions. Validation techniques are usually divided into two main categories, relating to the type of information being collected - either qualitative or quantitative. Here's how you can use them.

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Data Learning Innovation Design 145

Business and Tech

DECEMBER 14, 2021

In more and more states, it’s becoming legal to not only use marijuana both medically and recreationally, but to grow your own as well. The changing laws mean more people are growing cannabis than ever before, but what does it take to create a successful home grow? “If you don’t create the right environment, you are destined to fail down the road,” said Jeremy Corrao, vice president of GrowGen Management Corp. for GrowGeneration, a leading supplier of products, services, and solutions for commer

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Policies Change Learning Management 284

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.

Artificial Inteligence

InnovationManagement

DECEMBER 13, 2021

Finance is no stranger to using data in predictive analysis, forecasting, and more, but what can real-time data bring to the table? The post 3 Ways Real-Time Financial Data Drives Business Intelligence appeared first on InnovationManagement.

Data 123

Data Analysis Competition Strategy 123

Idea to Value

DECEMBER 16, 2021

In this episode of the Idea to Value podcast, we speak with Janice Francisco, founder of innovation consultancy Bridgepoint Effect. We speak about some interesting research into the personality profiles of innovators, and how understanding these can make groups work more effectively together. Topics covered in this episode: 00:04:00 – Research which shows us the unique personality profile of innovators. 00:08:30 – The personality profile of innovators and their creative process is ba

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Creative Process Ideation Analysis Innovation 224

Entrepreneur - Innovation

DECEMBER 17, 2021

Chatbot usage is on the rise and two types of chatbot users have emerged: Standard Users and Power Users. This article explores these two types of users and the history of chatbots.

Technology 98

Technology 98

Business and Tech

DECEMBER 16, 2021

The rental market is volatile — and competitive. To get the most out of your property, offer what tenants want. There are more than 107 million renters in the United States — that’s nearly one-third of the total population. To attract high-quality, reliable tenants, property owners need to offer the right amenities — and in most cases that includes laundry.

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Competition Trends Marketing Product Development 246

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.

Data

Michael Michalko

DECEMBER 15, 2021

Imagine you gave your fiancée an engagement ring that cost over $10,000. After three months, your fiancée returns the ring to you and breaks off the engagement. You return to the jeweler with the ring and try to sell the ring back. You are only offered $3500. What do you do? This happened to Josh Opperman. All he had left was the fancy ring he had worked so hard to save up for.

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Engagement Creativity Industry Examples 98

Idea to Value

DECEMBER 14, 2021

There is a concept in Zen Buddhism known as shoshin, which means “beginner’s mind.”. Shoshin refers to the idea of letting go of your preconceptions and having an attitude of openness when studying a subject. When you are a true beginner, your mind is empty and open. You’re willing to learn and consider all pieces of information, like a child discovering something for the first time.

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Design Thinking Study Design Learning 212

Rmukesh Gupta

DECEMBER 11, 2021

One of the primary responsibilities of a leader is our ability to enable our teams to fuel their creativity and drive innovation. Kevin Roberts (who used to be the CEO and later went on to become the Executive Chairman of one of the most creative organisation – Saatchi & Saatchi) delivered a keynote on creativity and innovation and I think there is a lot that we can learn from the keynote.

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Creativity Innovation Learning Culture 98

Business and Tech

DECEMBER 16, 2021

Elizabeth Francisco, president of ResMan, offers expansive insights from being a woman in business to the rapid advancement of property management technology. Elizabeth Francisco President, ResMan. What is the largest challenge you’ve faced as a woman in business? Simply put, the most challenging part of my professional journey has been pushing through both conscious and unconscious biases that I encountered along the way.

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Technical Review Technology Management Underperforming Technical Team 246

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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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Viima

DECEMBER 17, 2021

Most large organizations are led and managed very systematically, and they pride themselves on that. Managers and leaders within those organizations are usually smart, educated, and want to make data-driven, evidence-based decisions. However, when it comes to innovation, that can be a part of the problem as Clayton Christensen famously pointed out. Many leaders these days are well aware of the problem, but even if they are, they may still have a hard time leading innovation because the approach

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Exercises Innovation Data Management 98

Idea to Value

DECEMBER 15, 2021

In improvised theatre, there is a technique which helps performers build on each others’ ideas. It is called “Yes, and…” In many everyday situations, when people are discussing new ideas, the first response of someone else hearing a new idea is why it will not work. An exchange between two people might happen like this: Person 1 “I have a new idea.

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Training Ideation Groups Industry 201

Sopheon

DECEMBER 14, 2021

Kill a product or send an inferior product to market? Consider a third option: product refactoring. The post Product Refactoring is a Critical New Product Development Strategy appeared first on Sopheon.

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Product Development Strategy Strategy Marketing 97

Business and Tech

DECEMBER 15, 2021

When CEO John Arensmeyer founded the non-profit Small Business Majority almost 16 years ago, he was committed to helping advance diverse entrepreneurs. As the nation struggles to bounce back from COVID-19, Arensmeyer is more dedicated than ever to paving a path for under-resourced business owners. “Small businesses are at the heart of our economy and our democracy,” Arensmeyer said.

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Policies Resources Innovation Programs Data 130

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

Report

Innovators Alliance

DECEMBER 14, 2021

Emerging technologies are something that innovative organizations should continue to pay close attention to. Advancements in Artificial Intelligence (AI), blockchain, business platforms, cyber security, crypto currency, and more all set the stage for organizations to have the future in mind when considering long-term planning and innovation. This past quarter, Innovators Alliance has placed focus on AI and educating members about the potential that exists as it relates to this emerging technolog

Technical Review 97

Technical Review Technology Artificial Inteligence Trends 97

Strategyzer Innovation

DECEMBER 14, 2021

Invincible Leader of the Month: Sergey Zverev. It’s February 2020 and Sergey Sverev is asked to lead the launch of the Emerging Markets Innovation Access Studio (EMIAS), MSD’s new innovation arm. Designing an innovation ecosystem from scratch is a daunting task under normal circumstances. In Sergey’s case it’s even more complicated than usual. COVID 19 is coming into full swing and everyone is working from home.

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Innovation Design Marketing Strategy 93

Sopheon

DECEMBER 17, 2021

How companies address supply chain delays, the labor market and collaboration will define new product development success in 2022. The post Successful New Product Development Will Require Innovative Approaches in 2022 appeared first on Sopheon.

Product Development 91

Product Development Collaboration Innovation Marketing 91

Business and Tech

DECEMBER 15, 2021

If you ask the average entrepreneur or small business owner what lessons or skills they have learned and developed over the past year, there is one answer that comes up again and again: Zoom (AKA flexibility). . Dr. Ayman El Tarabishy President, International Council for Small Business; Chair, Department of Management, The George Washington University School of Business.

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Tools Technology Training Marketing 130

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Data

InnovationManagement

DECEMBER 15, 2021

The innovation process (as variable as it can be) has a seemingly basic format no matter what your goal is: once you understand the problem, you identify some solutions to test. Those tests often occur in some limited, proof-of-concept format and are then rolled out for large-scale adoption. However, while testing out some sort of pilot scenario seems like a logical next step, many organizations aren’t sure how to do this, and it’s especially true for nonprofits where resources can be limited an

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Innovation Processes Innovation Resources How To 89

Kainexus

DECEMBER 16, 2021

The Lean management methodology , also called Lean Production or Lean Manufacturing, was first developed based mainly on the management techniques of Toyota and other Japanese automakers; it was primarily used in manufacturing. Today, the approach has been embraced by almost every industry. Along the way, improvement management software has been developed to support the strategy.

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LEAN Software System Industry 87

Innovation Excellence

DECEMBER 15, 2021

GUEST POST from Randy Pennington Taxi companies could have created a ride scheduling and payment app. They didn’t. There are a number of reasons why it didn’t happen, but the biggest reason was reluctance to challenge the status quo.

Leadership 81

Leadership Change Company Culture 81

Business and Tech

DECEMBER 14, 2021

The “Green Rush” has left tens of thousands still behind bars. It’s time to release our country’s cannabis prisoners, clear their records, and help them rebuild their lives. Sarah Gersten Executive Director and General Counsel, Last Prisoner Project. The United States is at a crossroads when it comes to cannabis. Legalization is fast becoming the law of the land , and there’s a lot of money being made in the sector.

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Project Industry Learning 130

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