Sat.Mar 16, 2019 - Fri.Mar 22, 2019

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To Drive Innovation, We Need To Hire For Diversity And Empathy

Digital Tonto

We need to focus far less on specific skills and “types” and far more on getting people with diverse skills, backgrounds and perspectives to work together effectively Related posts: 4 Ways To Beat. [[ This is a content summary only. Visit my website for full links, other content, and more! ]].

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How do you apply the three horizon framework in your thinking? Steve Blank you are limiting your thinking.

Paul Hobcraft

Presently the three horizon model for innovation is argued as no longer applying to innovation as it has been suggested, or I feel so, in a recent article written by Steve Blank. Now I am a terrific admirer of Steve and his thinking but he does, I feel, rush to an assumption to fit one specific problem area, most coming from the start-up world. I apply the three horizons from the more mature organizations perspective and in a much wider lens framing approach than clear he does.

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“Decouple” the Value Chain to Drive Digital Disruption

Leapfrogging

“Decoupling” the value chain is the next big strategy for digital innovation and business models. Digital disruption isn’t just about the internet or mobile technology. It’s about the digitally-driven business models that forever transform business as usual no matter what you’re doing. I recently had a chance to connect with Harvard Business School professor, Thales Teixeira, whose most recent book, Unlocking the Customer Value Chain , highlights the dynamics of “decoupling” and why it will driv

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Leveraging the Benefits of Open Innovation

IdeaScale

Open innovation is innovation where companies or organizations reach out to other companies, individuals, and the general public to create innovative products and services. Some open innovation partnerships include colleges and universities. The internet has made this type of innovation far more feasible than it once was. Knowledge is widely distributed, and relying solely upon internal research can limit an organization’s innovative capacity.

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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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Innovating when everything is "as a service"

Jeffrey Phillips

I've been talking with a number of people who are more connected and smarter than me about digital transformation. I've become convinced that the myriad and sundry tools and methods around digital transformation - cloud, ubiquitous high speed internet, IoT, AI, machine learning, robotics, augmented reality and all the rest - are going to create a major transformation in how consumers acquire and use products and services in the future, but more importantly how corporations and startups recognize

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Who is affected by failed innovation projects?

Idea to Value

It is easy to talk about failure as a good thing in innovation projects. I have even talked about a simple way to reframe failure by thinking like a scientist. However, what about situations when it is not only you that is being impacted by the failure of a project or experiment? In today’s video above, I talk about the impact this has on why so many managers don’t want to take responsibility for innovation projects outside of their team.

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Top Five Skills of Innovative Leaders

IdeaScale

Leadership in innovation is more than positivity. Innovation is about skill as much as talent. While creativity is central to any innovation strategy, it takes more than just ideas to be an innovative leader. Here are the skills you need to not just lead your industry, but change it. Curiosity . The question “Why?” is fundamental to all innovation, and innovative leaders tend to ask why in all sorts of ways.

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10 Rules of Innovation Management - Part 4: Communication and Transparency

HYPE Innovation

This is the fourth part of the broader series on "The 10 Rules of Innovation Management." In five publications, I’ll share 10 best practices that should come in handy if you’re managing an online, collaborative innovation management program or thinking about launching one. Last time I shared my views on seeding and advocates (Rules 5 & 6), and now it is all about communication and transparency.

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The surprising building block for innovating in the digital age

Exago

What if we could get our people and partners to work and innovate together as one global team towards digital transformation? And to do it seamlessly across functions, regions and job titles? The recent Arthur D. Little report found that one of the most fundamental pillars for digital transformation lies, perhaps unexpectedly, in people’s collective intelligence.

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The Packaging Industry is Massive, and It’s About to Be Disrupted

Leapfrogging

Technology isn’t just for creating new products and services. Disruptive technologies are transforming the packaging that comes with just about everything we buy. Imagine a day when you receive an alert from your refrigerator as you walk past 7-11 because the carton of milk at your home just expired. Or a day when you receive a robocall warning you that the bag of lettuce you’re planning on using for your salad is tainted with e-coli.

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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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Innovation or Disruption: What’s Your Aim?

IdeaScale

The terms “innovation” and “disruption” are commonly used in today’s business world. Often, they’re treated as interchangeable, but they’re not the same thing. Innovation takes a vision and turns it into reality. Disruption is innovation, but not all innovation is disruption, just like all squares are technically rectangles , but not all rectangles are squares.

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4 Ways To Empower Change In Your Organization

Digital Tonto

To overcome disruption for the long-term, you need to not just transform the organization but, more importantly, the fundamental beliefs that drive it. Related posts: If You Want To Change The. [[ This is a content summary only. Visit my website for full links, other content, and more! ]].

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Are Our Souls on Treadmills??

Mills-Scofield

This academic year the cost of putting kids on treadmills from Pre-K onward is slapping me in the face through the students I mentor. I’ve seen students’ stress, anxiety and depression increasing over the past few years but not with the exponential leap I’ve seen this year. The current revelation of college admissions scandals and the plethora of recent articles on student’s anxiety and pressure over academic & social success reinforce what so many of us know and see every day.

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10 Innovative FinTech business models

Board of Innovation

From opening accounts to insurance underwriting and credit profiling, FinTech startups are piggybacking on the various services of traditional banks and flipping the conventional business models in the financial industry. The post 10 Innovative FinTech business models appeared first on Board of Innovation.

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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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Customer Co-Creation Examples: 10 Companies Doing it Right

Braineet

Discover how 10 big players are leveraging the power of co-creation to market new products and create growth.

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5 Principles of a High Reliability Organization (HRO)

Kainexus

A high-reliability organization (HRO) is an organization that has succeeded in avoiding catastrophes despite a high level of risk and complexity. Specific examples that have been studied, most famously by researchers Karl Weick and Kathleen Sutcliffe , include nuclear power plants, air traffic control systems, and naval aircraft carriers. Recently healthcare organizations have moved to adopt the HRO mindset as well.

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Inside the Mind of Clay Christensen

Innovation Leader

How do Clay Christensen’s ideas apply in 2019? Innovation Leader’s Scott Kirsner discusses his coverage of Christensen. Clips from interviews with Christensen are played throughout.

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7 examples of how companies can gain from customer insights

Board of Innovation

Empathy interviews and market research are all well and good. But it's really when you walk a mile in your customer's shoes that you strike gold. Here are some examples of how companies can and have gained from investing in more than just face time with their customer. The post 7 examples of how companies can gain from customer insights appeared first on Board of Innovation.

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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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Ask, ‘Who benefits most from my innovation?’

Innovation Excellence

Sony and Philips developed the Compact Disc (CD) which they launched in 1982. It was originally designed to store and play music. It offered much higher quality of recording than vinyl records. It later became used for data storage; it held far more data than most personal computer hard drives. Mickey Schulhof had joined Sony.

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Sustainable futures based on Shakespeare

Norbert Bol

Last week I wrote about the use of narratives in strategic foresight using the speeches of Steve Jobs as examples (see last week’s blog ). Narratives can be helpful in finding opportunities and limits in a challenging environment. Van Cattenburg & Duijn (2019) present in their new article in Futures, how the allegorical narratives of William Shakespeare (1564-1616) can be used in strategic foresight and complex issues such as sustainability.

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Employee Engagement Propels Innovation

Planview

Most companies will agree that innovation is critical to sustaining growth and remaining competitive. Creating a culture of innovation is seen by most business leaders as the number one way to drive innovation for the business. However, for this culture to exist, employee engagement is imperative. Unfortunately, most aren’t. According to Gallup Inc.’s 2017 State of the Global Workplace Report, 85 percent of employees are disengaged on the job, which is costing companies $7 trillion in lost produ

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Top 5 Myths About Data Analytics You Should Stop Believing

Acuvate

Data Analytics in Business. According to Stastia , the global big data market is forecasted to grow to 103 billion U.S. dollars by 2027, more than double its expected market size in 2018. Implemented properly, analytics projects help in effectively capturing and analyzing data to glean insights to analyze how things functioned in the past, while at the same time predicting what business decisions to make in the future.

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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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Four Ways to Nudge Smarter Innovation

Innovation Excellence

I love behavioral science. Together with related disciplines such as perceptual science, cognitive linguistics and cognitive psychology, I’ve found it to be incredibly useful in helping us both to innovate, and to communicate our innovations more effectively. However while it is wonderful for guiding our designs, it’s critical to remember that its theories are approximations.

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50+ Innovation Quotes and What They Can Teach You

Viima

Often times when innovation is present in any form of written material, it is accompanied with an inspiring quote from an inventor, idol, philosopher or some other great person in history.

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Five Visible and Invisible Forces Behind Digital Innovation

InnovationManagement

Innovation is what leads to differentiation. There need to be both “hard” and “soft,” visible and invisible forces to drive the success of innovation management.

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How Open Innovation led by Purchasing works brillantly at GRTGaz

Rapid Innovation in digital time

Mathilde Delignou is project manager open innovation and partnership at GRTgaz, the French gaz transmission company. Surprisingly, her activity is part of the Purchasing department. She explians why.

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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 Do Startups Fail?

Innovation Excellence

Premise: There has been enough written about startups and reasons why almost all of them fail. So, why write another post about this? Even though there is no dearth of resources (blogs, videos, books, stories, etc) on reasons why startups fail and how to avoid them, I don’t see any reduction in the failure rates.

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How to hire your next strategic planning consultant?

Focused Momentum

Bringing an outside expert in to assist a strategic planning effort is typically a significant consulting investment for an organization. Looking at multiple candidates, checking references and conducting a panel style interview are all key tactics to use to select the best fit for your organization, but there are specific things to look for when seeking help developing strategy.

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The Case For Humanities In The Era Of AI, Automation, And Technology

Faisal Hoque

As the Fourth Industrial Revolution advances, virtually all job openings will emphasize judgment and decision-making and an ability to manage people and resources. The post The Case For Humanities In The Era Of AI, Automation, And Technology appeared first on Faisal Hoque :: Entrepreneur | Author.

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4 ways to avoid burnout in small business

IdeaSpies

How many cups of coffee do you need to get through your workday? If the answer seems to keep climbing, while your energy levels only drop, you might be suffering from burnout. Burnout in leaders and small business owners is incredibly common due to the long hours and high-stakes decisions required to run your own business. Given the effect that burnout can have, it’s important to take steps to mitigate it to ensure the health of both you and your business.

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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.