Sat.Jun 05, 2021 - Fri.Jun 11, 2021

article thumbnail

Is your market large enough?

Idea to Value

Scalpels for left-handed surgeons. Energy bars for vegan ultra-marathon runners. Lightweight, customised harness belts for speed-climbers. Replicas of the world’s most famous buildings for tropical fish aquariums. A social network for billionaires. All of the ideas above might be possible high-quality products, which would be extremely sought-after by the target market.

Marketing 236
article thumbnail

Are we losing the Energy Transition Battle? Innovation to the rescue?

Paul Hobcraft

The growing fears are that we are falling behind the need to meet the Energy Transition required goals to the World has agreed to by 2050, set to meet the Paris Climate Agreement. The climate is about to get really difficult to predict. We are facing some of the natural consequences of our present inability not to reduce greenhouse gases at the rate they are required.

Policies 189
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

To Truly Change The World, You First Must Learn Something About It

Digital Tonto

Through my work, I’ve gotten to know a number of truly revolutionary people. What has always struck me is how different real revolutionaries are from the mercurial, ego-driven stereotypes Hollywood. [[ This is a content summary only. Visit my website for full links, other content, and more! ]].

Change 250
article thumbnail

Five Crowdsourced Ideas that Came From Unlikely Places

IdeaScale

Overview: The value of crowdsourcing is that you can find ideas in the most unusual of places. These five, in particular, might surprise you and offer guidance for your crowdsourcing strategy. The Solar-Powered Wheelchair. Alper Sirvan, a Turkish man with cerebral palsy, was severely limited by the battery in his wheelchair. For World Cerebral Palsy Day in 2013, he asked for a wheelchair that either had an extended range or could run indefinitely.

article thumbnail

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.

article thumbnail

Not all ideas are good ideas

Idea to Value

While this statement may seem like the most obvious thing in the world, it is amazing how often we don’t think through it rationally. The vast majority of ideas are actually not very good. And most of them are quite bad. This is especially true at the very beginning of ideas, when they are not yet fully formed, and most resemble ugly babies. Very few of these ideas will turn out to be truly creative and have an impact.

article thumbnail

Staffing for growth and innovation

Jeffrey Phillips

I'm often asked how many people should be employed in innovation work in larger organizations. As if there is a magic number! For those of you who remember the Hitch hiker's guide to the Galaxy , the actual number is 42. Of course, with that and a towel, you can accomplish almost anything. It's a joke only Hitch hiker fans will appreciate. But the question about staffing for growth, new products and innovation is an important and interesting question.

More Trending

article thumbnail

Celebrate Pride Month by Recognizing the Role of Diversity in Innovation

IdeaScale

Overview: Diversity in your innovation team is crucial for finding unique ideas, improved decision-making, and better execution of those ideas. To add diversity, though, will require more than just asking people to pitch in on teams. Why Diversity Matters. Pride Month emphasizes that different perspectives have always been key to innovation. In many cases, the solution to a problem is often found by looking at it from a different angle.

article thumbnail

Podcast S5E119: Aidan McCullen – Metamorphosis and reinvention in innovation

Idea to Value

In today’s episode of the Idea to Value Podcast, we speak with bestselling innovation author , facilitator and award winning innovation podcast host Aidan McCullen. We speak about reinvention and how it applies to innovation, as well as the power of using metaphors. Topics covered in this episode: 00:01:30 – Aidan’s history playing professional rugby, and how this led to him having to transform and reinvent himself. 00:04:00 – The difference between choosing to change, an

article thumbnail

Why it's Vital to be an Ambidextrous Organization

Strategyzer Innovation

Crises often serve to exacerbate our natural tendencies as humans and leaders. During crises, the trend to solely focus on execution, at the expense of innovation, becomes most obvious. As the fate of organizations and employees hangs in the balance, organizations tend to forego their innovation practices.

Trends 119
article thumbnail

Let’s Settle the Debate – Innovation Both Is & Is Not Everyone’s Job

InnovationManagement

Is ‘innovation’ everyone’s job – as so many claim it is? Or is it not everyone’s job – as the counterargument goes? The reality is not quite so simple. Dive in as we examine the three cases of significance here – two in which innovation is everyone’s job, and one in which it isn’t. The post Let’s Settle the Debate – Innovation Both Is & Is Not Everyone’s Job appeared first on InnovationManagement.

article thumbnail

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.

article thumbnail

Vitamins Don't Have a Triggering Event

Leanstack

How I learned to stop procrastinating and start realizing that now is the best time to launch or pivot a new product offering or startup – yes, despite the pandemic. Were you in the middle of launching a new product or startup when the pandemic hit? Like a lot of entrepreneurs, you probably hit the brakes on your project or put your new ideas on the back-burner in order to conserve resources and ride out the uncertainty.

Industry 105
article thumbnail

An innovation pipeline should not be an innovation pipe

Idea to Value

One aspect of any successful innovation portfolio is the way you manage your pipeline of new ideas. Using a pipeline, you can take a large number of ideas you want to test, and quickly and cheaply prioritise those which are showing the most promise and progress. If you want to visualise it, it should look like a funnel, where a large number of ideas or projects are fed in the top, wide part of the funnel, and during various review stages, and as time passes those which show less promise are remo

article thumbnail

How Performance Management Impacts Organizational Culture

Cascade Strategy

Performance management is integral for performance but can be easily over-complicated. There is an increasing need to steer organizational culture through performance management for enhancing overall performance.

Culture 98
article thumbnail

Jobs to be Done Framework Training

InnovationTraining.org

Learn about this innovation framework and find training resources, articles, tips, and more. JTBD (or Jobs to Be Done) is a theory that describes consumer action. Consumers buy products and services to get jobs done – and while the individual products/services come and go, the underlying job-to-be-done remains. In the innovation process, this really comes down to trying to find better ways of accomplishing this JTBD, rather than focusing on the product itself.

article thumbnail

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.

article thumbnail

Why I Joined KaiNexus and What Do I Do?

Kainexus

I’ve had the benefit of learning, practicing, and teaching continuous improvement for the better part of almost twenty years. I have seen, first-hand, the transformational power of how continuous improvement can radically change people’s lives at work in a way that benefits everyone: the customer, the employee, and the organization. I am fortunate to have found a career where I can help people and teams be the best versions of themselves.

article thumbnail

What Radio Flyer and Harley-Davidson Have in Common

Adam Hartung

Harley Davidson and Radio Flyer have both embraced trends in the market for personal transportation. Both companies are expanding from existing markets to new ones.

Trends 88
article thumbnail

Agile Methodology: Lessons to Learn from Non-Tech Businesses

Cascade Strategy

What is Agile Methodology? (and why it is not a methodology). Agile is more of a practice than a methodology and has its roots in the world of software. After its conception, Agile became widely popular because it provided organizations with greater flexibility, efficiency, and a result-oriented way of realizing technological developments.

Agile 96
article thumbnail

How Communication Skills Can Improve Your Relationships

Tullio Siragusa

How Communication Skills Can Improve Your Relationships. Relationships are not difficult to sustain, provided there is open and honest communication between people. When each person understands how the other thinks and feels about specific topics, the relationship becomes more open and inclusive, making it simpler to sustain. . Communication is considered the key pillar of any relationship.

Study 79
article thumbnail

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

article thumbnail

Leveraging Alien Thinking: Exclusive Interview with Cyril Bouquet, Jean-Louis Barsoux, and Michael Wade

InnovationManagement

For the past decade, Cyril Bouquet, Jean-Louis Barsoux, and Michael Wade, professors of innovation and strategy at IMD Business School, have studied inventors, scientists, doctors, entrepreneurs, and artists. These people, or “aliens,” as the authors call them, are able to make leaps of creativity, and use five patterns of thinking that distinguish them from the rest of us.

Study 74
article thumbnail

Bitcoin is Just the Beginning: The Valuable Potential of Blockchain Technology

Daniel Burrus

While many have solely thought of Bitcoin when the term “cryptocurrency” is referenced, today it is the system they are built on that is disrupting many entities in the financial industry and beyond. Bitcoin and other cryptocurrency are programmed on a system called blockchain. This system facilitates a peer-to-peer transaction network that operates directly between users without an intermediary.

article thumbnail

My First Time: 3 of the Biggest Mistakes I Made

Cascade Strategy

My first time did not go well. Going in, I was absolutely sure that I was going to dazzle with my creativity, ingenuity, and assuredness. What transpired was a humiliating dress-down and me my leaving the room with my tail firmly between my legs. I was arrogant, selfish and unoriginal - plus, despite diminishing interest from all involved - I kept at it for over an hour!

Video 86
article thumbnail

Agile Leadership

CMOE

We live and work in a world of never-ending change that is accelerating all the time. This dynamic creates opportunities and challenges for every organization. The capacity to react quickly when a window of opportunity opens and mitigate rapidly approaching storms is vital to long-term success. For a multitude of reasons, more than half of the companies that were on the Fortune 500 list in the year 2000 no longer exist today.

Agile 98
article thumbnail

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

article thumbnail

is it still easier to ask for forgiveness than permission?

helloFUTURE

There’s that famous saying again – when you are trying to start a new process, create a new product or service and are unsure of the reaction to that process, product or service, we look back at that phrase and use it to justify just barreling ahead with whatever we are planning to do –… The post is it still easier to ask for forgiveness than permission?

article thumbnail

Simplifying the Complexity of Foresight and Strategy

ITONICS

Recent global events have set in motion a ripple effect of change. However, the truth is that there have been other events or developments that have triggered significant shifts before 2020, and there will be other agents of change well after 2021. To navigate ongoing global and local changes, we need to be prepared for uncertain futures. Foresight is a powerful tool that organizations can utilize to anticipate and lay the necessary groundwork for different probable futures.

article thumbnail

Top 5 Companies That Have Capitalized on the Work from Home Boom

Cascade Strategy

The COVID-19 pandemic forced employees all across the globe to move from office buildings filled with coworkers to makeshift home workspaces populated with children, pets, and their partners.

Company 64
article thumbnail

Episode 046: Now It’s Your Turn – Take the Innovation Challenge

Innovation in Practice

Today I have two challenges for you. One of these challenges is fairly easy while the other is comparatively hard. Can you guess which one is which? My first challenge will be to take an everyday item and find an example of a creative pattern in it. The second challenge will be to take that everyday item and invent something that you’ve never seen before. .

article thumbnail

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.

article thumbnail

Why Success Can Lead to Innovation Blindness

Entrepreneur - Innovation

The problem isn't your team or your processes.

article thumbnail

Four steps to apply a Scaled Agile Framework in your business

mjvinnovation

The Scaled Agile Framework is a methodology derived from agile methods, focusing on a project to disseminate agile thinking and practices in an organizational context, from management to teams. Read until the end of this article and learn our step-by-step system to implement SAFe in your company! What is SAFe? Among the main benefits of implementing SAFe are: reduction in time-to-market; improvement in productivity and quality; predictability of deliveries; greater employee engagement.

Agile 52
article thumbnail

The Unexpected ROI of Open Innovation Portals

Yet2

yet2 recently sat down with senior Open Innovation leaders at Unilever, Mondel?z, PepsiCo, and Colgate-Palmolive to discuss how these organizations leverage Open Innovation Portals as part of an overall innovation strategy. The panelists discussed unexpected ROIs of having an Open Innovation Portal, beyond receiving interesting technology submissions, including using the portal to increase visibility around critical innovation challenges, the benefits of third-party filtering, and an alternative

article thumbnail

Podcast E25: How Can We Find Time for Innovation?

Stephen Shapiro

In this week’s episode, I am joined by my guest Dan Kaus. Together we tackle the problem: “How can we find time for innovation?” Dan has innovation experience with a wide range of companies and industries, including Accenture, BP, Campbell’s Soup, and many others. Dan shared some of this thoughts on this, including: Try to integrate innovation into daily work rather than keeping is separate.

article thumbnail

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.