Sat.Mar 12, 2022 - Fri.Mar 18, 2022

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Why we value our own ideas so highly: The IKEA effect

Idea to Value

There is a tendency for people to love their own ideas. Not necessarily because the ideas themselves are better than others, but instead because of the work which people put into developing them. As a result, they are often disappointed when other people do not care as much about their ideas as they do. This is partially down to a cognitive bias which most of us suffer from called the IKEA Effect.

Examples 264
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The 4 Golden Rules of Brainstorming

InnovationManagement

When innovating with your team, there are a few rules that are important regardless of the ideation session you’re conducting. In this article, we’ll outline the four golden rules of brainstorming and talk about how following them can improve your team’s innovative capabilities. The post The 4 Golden Rules of Brainstorming appeared first on InnovationManagement.

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Give your ideas sound legs: walking boosts creativity

Idea to Value

Many of the world’s great artists, scientists and thinkers have long espoused the benefits of walking on their creative process. For example, philosopher Friedrich Nietzsche even said: All Truly Great Thoughts Are Conceived While Walking Nietzsche. But is there any link between walking and actually being more creative? Many other notable creatives throughout history even made a point of having a daily walk as part of their routine.

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How Women Can Overcome Barriers That Some Men Don’t Even See

Business and Tech

Picture this. Several weeks ago I was on stage in front of an audience delivering a keynote speech about the topic of “Wellness Privilege.”. Laura Putnam Author, “Workplace Wellness That Works;” CEO, Motion Infusion; Creator, Managers on the Move. For those who have never heard the term before, it is the concept that some people in the workplace have more advantages than others in their pursuit of well-being because of their gender, race, religion, socio-economic status, sexual orientation, age,

Study 299
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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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There Are Important Lessons We Should Learn From The War In Ukraine

Digital Tonto

We tend to imagine people will act rationally and that, by taking their interests into account, we can come to some sort of reasonable strategy. Yet the events in Ukraine belie that basic assumption. [[ This is a content summary only. Visit my website for full links, other content, and more! ]].

Learning 249
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Wilo - Sustainability Through Innovation

HYPE Innovation

Sustainability is an integral part of the corporate strategy of the Wilo Group, one of the world's leading premium suppliers of pumps and pump systems for building services, water management, and industry. The products, systems, and solutions of the technology specialist from Dortmund help to supply people with water in a smart, efficient, and climate-friendly way.

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Financial Feminism and You: Why it Should Be Important to Everyone

Business and Tech

Tori Dunlap is a successful investor and founder of Her First $100K , which advocates for equality across all genders and races in one of the financial sector. We talked to her about the critical intersection of finances and feminism. Tori Dunlap Founder, Her First $100K. What is “financial feminism”? Financial Feminism is the advocacy for equality across all genders and races in the financial industry.

Course 264
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Society 2045’s Key to Sustainability Is Decentralization

Tullio Siragusa

Society 2045’s Key to Sustainability Is Decentralization. Developing connections and interdependence is key to creating a better economic system in the business world. . However, people do not have fully transparent views when purchasing anything about the ecosystem of how a product made it to the store shelves. They mostly don’t know how things have been created nor who created them. .

System 117
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9 behavioral biases in healthcare

Board of Innovation

Understanding the behavioral biases of your patients is the key to ensure that your healthcare solutions and interventions prompt healthy decision making. The post 9 behavioral biases in healthcare appeared first on Board of Innovation.

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Ikigai: What you are meant to do

Idea to Value

With so many options for how we can spend our time, how do we find something which not only provides value to us, but is also motivating to do. Research has found that when people feel motivated by making progress against something they find meaningful , not only does it make them happier, it also makes them more creative. The challenge becomes how we find something where we find meaning, but which other people will also support us doing.

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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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Investing in Women Through Technology Training

Business and Tech

As board members of Girl Develop It , Rebecca Sadwick Shaddix and Brenda Jin are committed to helping women take their careers to the next level. But the path to success is often paved with challenges. Rebecca Sadwick Shaddix Board Member, Girl Develop It. Brenda Jin Board Member, Girl Develop It. Overcoming adversity. “The biggest obstacle impacting women today is the subconscious biases impacting perception of competence,” said Shaddix, whose background includes marketing and tech policy resea

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CAN YOU SOLVE THIS PROBLEM?

Michael Michalko

P. When we learn something, we are taught to program it into our brain and stop thinking about or looking for alternatives. We have been taught to have “spotlight” awareness and to exclude alternatives and possibilities. Over time, this spotlight mindset becomes stronger and stronger. To get a sense of how strong this mindset is, try solving the following problem. 4 O R T Y or 40.

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New entrants in women’s health are changing the rules of the game

Christensen Institute

Which health care startups will succeed? Which ones will fail? Disruptive Innovation Theory provides one lens to help us predict the answer, and Jobs to Be Done Theory provides another. Disruptive Innovation describes a process by which a product or service initially takes root at the bottom of a market – typically by being less expensive, more accessible, or targeting nonconsumers – and then relentlessly moves upmarket, eventually displacing established competitors.

Change 107
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Zero to One, vs. one to 1,000

Idea to Value

People often forget that in order for an innovation to be successful, it needs more than just to be created. Inventing something is hardly ever enough. Instead, it needs to reach scale. You can think of the creation, invention or discover of the innovation as the first step, starting at zero. After all, even the very best ideas start out ugly and need time, effort and resources to be iterated and molded into something with value.

Resources 197
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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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What to Look for in a Lending Partner as a Woman Business Owner

Business and Tech

Many women business owners find the biggest obstacle they face when starting out is acquiring the funding they need to launch their company. Fortunately, today there are a range of funding options available, and finding a lending partner who champions women-owned businesses and helps them find the financing they need to succeed is the first step. . The best lending partner is traditionally one that takes the time to understand your business, offers the type of financing you need to accomplish yo

Marketing 246
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DOOR OF LAW

Michael Michalko

Franz Kafka inserted a strange parable at the end of his novel The Trial. Somewhat condensed, Kafka’s parable goes as follows: A man comes to the door of the Law, seeking admittance. The guard refuses to allow him to pass the door, but says that if he waits long enough, maybe, someday in the uncertain future, he might gain admittance. The man waits and waits and grows older; he tries to bribe the guard, who takes his money but still refuses to let him through the door; the man sells all hi

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A Day in the Life of a Planview Software Development Engineer Test Manager

Planview

March is Women’s history month. It is a time where we can reflect on all the powerful women who have and continue to advocate for equality and change. At Planview, we believe women in tech are the future and Geetika Gagneja is a part of Planview’s past, present, and future. For this month’s blog spotlight , we are going to travel to Bangalore and follow Geetika to spend a day in the life of a Software Development Engineer Test manager.

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How to Fuel Innovation Through Sharper Product Management

Sopheon

The better the product management processes, the better the product. Here’s how to get from idea to market share. The post How to Fuel Innovation Through Sharper Product Management appeared first on Sopheon.

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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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Building Generational Wealth: How Retirement Savings (IRA, 401k) and Life Insurance Play a Role

Business and Tech

Marc Russell Founder, BetterWallet, LLC. Many wish to build generational wealth, but don’t know where to start. Read more for tips to make money work for you. Generational wealth 101. Generational wealth, or the passing of income-producing and non-income producing assets to the next generation, can be achieved by making a significant amount of money over a short period of time or making a significant amount of money over a longer period of time, and efficiently passing that wealth to the next ge

Policies 246
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Why Jobs for the Future is leaning into outcomes

Christensen Institute

At the end of January, Jobs for the Future (JFF) announced an acquisition of the Education Quality Outcomes Standards Board (EQOS), a nonprofit I helped cofound and where I serve on the board. What’s interesting about the acquisition is the signaling effect. Those concerned with training for the future of work are becoming far more concerned with outcomes, not just access to education and upskilling opportunities.

LEAN 98
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Accessing Tacit Knowledge to Drive More Innovation

Viima

The value of intangible assets in organizations is nowadays five times greater than the one of tangible assets. In fact, 84% of value in S&P companies is currently represented by intangible assets, like intellectual property, knowledge, or brand recognition, compared to merely 16% for tangible ones. Even so, some leaders still have difficulties in grasping the power of knowledge and how it can be leveraged and managed to drive more innovation in their organizations.

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Strategy Evaluation - Process Guide

Cascade Strategy

Strategy Evaluation Process, An Overview. The process of strategy evaluation is often overlooked in the overall strategic management process.

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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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How To Invest in Your Financial Stable Future

Business and Tech

Kevin O’Leary of “Shark Tank” says people should think of investing with a diverse portfolio as a key part of their retirement planning. Many people think of investing as a rich person’s game, but it should be considered a vital component of anyone’s financial planning. O’Leary encourages people to think of investing as a form of retirement planning. “ There’s a difference between saving and investing,” O’Leary said.

How To 246
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Mentors Advise and Sponsors Invest

Innovation Excellence

GUEST POST from Arlen Meyers Whether you are a physician entrepreneur or intrapreneur, the primary thing that matters is that you can recruit people to help you and find the assets you need to be successful.

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Anticipate and Relate: Two Keys to Business Relationships That Last

Daniel Burrus

If you have participated in my Anticipatory Leader System , it is likely clear to you: sales is an Anticipatory career. No matter what industry a salesperson works in, they should be easily one of the most Anticipatory individuals in the contemporary working world! Let’s think about that for a second. You are in a very customer-facing business, facilitating the connection between an individual, department, or organization and a product or service that they need.

Trends 79
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The Critical Difference Between Core And Strategic Innovation

Wellspring

This article was originally published on Chief Executive , a Chief Executive Group community. If your strategic innovation is failing, you may want to take a closer look. It may not be the kind of innovation you think it is—or what your company really needs. Imagine two different companies, each funding the same innovation program. They are both pursuing a technology that shows disruptive potential in their industry, but that faces an uncertain path to market viability.

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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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Rocket Loans: How Personal Loans Can Be a Valuable Financial Tool

Business and Tech

Personal loans are rising in popularity due to their ease and convenience — here’s what you need to know. The use of personal loans hit an all-time high in 2020, but there is still a lot of uncertainty about the use of this financial tool. While personal loans can be used in a multitude of ways, it’s important to know when the benefits of one outweigh other options and which use cases are best suited for this powerful financial tool.

Tools 246
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Breaking the Iceberg of Company Culture

Innovation Excellence

Company Culture is key to the success of a business. Voltage Control works with enterprises to help them discover ways to sustain innovation and create lasting cultural change. GUEST POST from Douglas Ferguson Company culture is like an iceberg.

Culture 79
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Breaking Out of the Cycle of Lazy Thinking – A Dog Story

Phil McKinney

It's easy to fall back on repetition and patterns. We all do it, especially when we're tired or stressed. After all, it's a lot easier to keep doing what we've always done than to try something new. But there's a downside to relying too much on repetition and patterns: lazy thinking. When we rely too […].

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Brunner has been named a 2022 Google Premier Partner

Brunner

Pittsburgh-based agency, Brunner , has achieved 2022 Premier Partner status in the Google Partners program. This month, Google recognized the achievements of top-performing digital marketing partners across the globe by awarding Premier Partner status as part of the new Google Partners program. The Google Partners program has undergone significant changes for 2022, including redefining what it means to be a Premier Partner through new, advanced program requirements and offering new Premier

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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.