Sat.Sep 03, 2016 - Fri.Sep 09, 2016

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Creating the Physical Space for Innovation

HYPE Innovation

Building spaces for innovation is a hot topic these days. Whether you call them innovation hubs, maker-spaces, fab-labs, accelerators or hotspots you can hardly turn a street corner or a magazine page before you bump into another example. The names may vary but the underlying idea is the same – a place where people can meet to get inspired and supported by each other, to articulate and co-create.

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The Ten Types of Innovation

Destination Innovation

How many types of innovation are there? The simplest way to categorize innovation is into two forms – incremental and radical. Incremental innovation is an improvement in an existing thing (e.g. product, process or service). Radical innovation is finding an entirely new way of doing something. For example if you had been making spectacles in the 1950s then plastic lenses instead of glass lenses would have been an incremental innovation.

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Why “Follow your passion” is terrible advice for you & those you care about

Idea to Value

One of the most common pieces of advice floating around the internet is also one of the most dangerous: To be happy in life, you need to figure out what you are passionate about, and singlemindedly pursue that as your ideal job. This is especially true for anyone who dreams of a creative career or being an entrepreneur and choosing their own destiny.

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Fighting for your audience? Take on the right incentives

Exago

Your customers will always be glad to share with you insights on how to improve your product. They’re probably doing it now in some way, though irregularly and outside any structured framework. The post Fighting for your audience? Take on the right incentives appeared first on www.exago.com.

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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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Consulting Industry Faces Threat From Artificial Intelligence

Braden Kelley

Previously I explored the value of eminence and thought leadership to consulting firms, and how unfortunately the power of inbound content marketing has a dark side that forms part of a three-pronged attack on the consulting industry.

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A Lesson in Innovation Practice from Medicine

Destination Innovation

For centuries doctors tried different remedies for treating illnesses and diligently observed what happened. But they were unable to be certain what caused the outcomes that occurred. When the patient recovered that seemed to vindicate whatever treatment had been used – even it was bloodletting or the application of leeches. The big innovation which transformed medical research and saved countless lives is the Randomised Controlled Trial (RCT).

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Innovation Fertility

Imaginatik

What is Your Company’s Innovation Fertility? Collecting new ideas is table stakes in the innovation management domain. Without a fertile climate for innovation, more ideas simply lead to more wasted opportunities. It is the creative use of the collected data, not just the ideas themselves, which raises the game – which we refer to as ‘innovation fertility’.

Analysis 109
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Innovation Needs To Shift From Disrupting Markets To Tackling Grand Challenges

Digital Tonto

The truth is that what has passed for innovation over the last 20 or 30 years has been more focused on disrupting markets than fundamentally changing the world. That needs to change. Related. [[ This is a content summary only. Visit my website for full links, other content, and more! ]].

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Can you take Criticism? And was the Reformation really necessary?

Destination Innovation

‘Someone told me that I am poor at taking on board criticism so I quickly pointed out they were wrong.’ This little witticism is at the core of many a corporate disaster. Martin Luther. The Catholic magazine, The Tablet, recently ran an editorial with the intriguing headline ‘Was the Reformation really necessary?’ It points out that Martin Luther and the early Protestants wanted to reform the Church rather than break with it.

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So how do you manage exploiting and exploring for Innovation?

Paul Hobcraft

So how do businesses organise their structures to be able to simultaneously manage the needs to exploit and explore innovation? In this post I wanted to explain my thinking through on this ability to be ‘ambidextrous’, knowing the difference of when to exploit and when to explore as essential to leveraging innovation, in all its forms and watching out for some of the traps in not managing this well.

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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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Content Marketing Strategy – 8 Reasons a B2B Company Should Engage in Social Media

BrainZooming

Waiting at O’Hare airport for my flight, another business traveler stopped in front of me, and asked, “Mike Brown?” He was a former corporate sales executive where I used to work. He’d been pointed in my direction to talk about content marketing strategy and social media and just happened to run into me in the hallway at O’Hare.

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How IBM Is Building A Business Around Watson

Digital Tonto

Today, Watson has become much more than a clever parlor trick, but a potentially huge line of business for IBM. Related posts: The New Era Of Cognitive Collaboration. How Data Will Transform. [[ This is a content summary only. Visit my website for full links, other content, and more! ]].

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A Beginner’s Guide to MVP

etventure

What is an MVP? Why is it important for your business? In our beginner’s guide to MVPs our Head of Product, Gregor Ilg, explains what a minimum viable product is, how it is developed and how it can help companies to enhance innovation. Introduction. When you join a roadmap meeting and you hear people talking about the “MVP”, you better make sure they are actually talking basketball before you throw in your favorite Michael Jordan story.

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Why Organizations Need to Take Trust, Security and Privacy Seriously

Daniel Burrus

In this high-tech world driven by technology, change and disruption, we should never forget the human component. Ultimately, the world is ruled by relationships that can be both good and bad. Trust has always been important, but in a connected social world, its value is elevated. Consider trust as the new currency; it is earned through demonstrations of honesty, integrity and delivering on promises.

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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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Your Personal Backstory – Feel Free to Revise and Edit It

BrainZooming

This shouldn’t be a newsflash, but it needs to be said: You are completely free to edit your personal backstory. Each of us has a backstory. A personal backstory is what we say about ourselves (along with our behaviors, physical cues, and beliefs that may speak louder than our words) about how we reached where we are right now. A backstory provides others an important input toward beginning to form perceptions about you.

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PBTO41: Taking the Leap – Wannapreneur to an Entrepreneur with John Chisholm

Rmukesh Gupta

Wannapraneur to Entrepreneur. Who is on the show today: In this episode, we host John Chisholm. John is a serial entrepreneur, investor and an author. Why is he on the show: He is president and chairman emeritus of the worldwide MIT Alumni Association and a trustee of MIT and of the Santa Fe Institute. He advises entrepreneurs through the MIT Venture Mentoring Service , the Thiel Foundation 20under20 Fellowship , and the Plug and Play Tech Center.

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How to Run a Successful Innovation Challenge

Innovation Excellence

Nothing is more intriguing, inspiring, and engaging than a good old-fashioned challenge. Whether you want to build a culture of innovation, reach employees in a meaningful way, or search for immediate ideas to solve pressing problems, an innovation challenge may be the answer. What Is an Innovation Challenge? An innovation challenge is an effective way.

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InfoGraph: How To Create A Culture Of Innovation

Faisal Hoque

Successful businesses manage innovation from concept to commercialization. Here’s how to bring this understanding to your company culture. The post InfoGraph: How To Create A Culture Of Innovation appeared first on Faisal Hoque :: Entrepreneur | Author.

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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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5 Ideas for Simplified Strategic Planning this Year

BrainZooming

Even if you’re putting off thinking about strategic planning for next year , it’s time to give it at least one thought. Time’s marching ahead, and it will be next year before you know it. Here’s the one thought: How about identifying where you can roll out a simplified strategic planning process ? What are ideas to make strategic planning less cumbersome than it’s been at your company in the past?

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Accenture Innovation center, creativity on starting-blocks

Rapid Innovation in digital time

What is the Paris Accenture Innovation Center ? In a nutshell, a dizzying innovation team, acting in a tremendous place for creativity! Albane Liger Belair, Accenture Paris Innovation Center Director, kindly walked me through this amazing space.

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Innovation Sighting: Task Unification and Drug Dispensing Contact Lenses

Innovation in Practice

Medical device makers have been trying for years to replicate the success of drug-eluting stents - devices that do a particular job while at the same time, delivering a therapeutic drug. Here's a new one that demonstrates the Task Unification pattern. Task Unification is defined as: assigning an additional task to an existing resource. That resource should be in the immediate vicinity of the problem, or what we call The Closed World.

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Can mindfulness stimulate sustainability-oriented innovation?

Norbert Bol

For most of us in the Western hemisphere the summer holiday season is coming to an end and I sincerely hope that everybody enjoyed their summer holidays. This year I have, like previous years, the intention to keep the mindset of the summer holidays for a longer period of time. Apparently we have a different in mindset when we are on a summer holiday, than when we are busy in our daily routines during the rest of the year.

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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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Top 20 Innovation Articles of August 2016

Innovation Excellence

Drum roll please… At the beginning of each month we will profile the twenty posts from the previous month that generated the most traffic to Innovation Excellence. We also publish a weekly Top 8 as part of our FREE email newsletter. Did your favorite make the cut? But enough delay, here are August’s twenty most.

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Open Innovation Project Maps Vulnerable Areas

IdeaConnection

Open innovation is coming to the aid of some of the most vulnerable people on the planet. Missing Maps is an open, collaborative project that allows the crowd to map areas where humanitarian organizations try to get to during disaster situations. According to figures, approximately 100,000 people are killed by disasters every year, and 200 million are affected or displaced.

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Dating Ideas: Getting Practical About Courting Creativity and Innovation

Faisal Hoque

The creativity-spurring benefits of diverse experiences (and diverse individuals) can be realized at both an individual and an organizational level. The post Dating Ideas: Getting Practical About Courting Creativity and Innovation appeared first on Faisal Hoque :: Entrepreneur | Author.

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Moving Away from Best Practices

Mike Shipulski

If the work is new, there is no best practice. When you read the best books you’ll understand what worked in situations that are different than yours. When you read the case studies you’ll understand how one company succeeded in a way that won’t work in yours. The best practices in the literature worked in a different situation, in a different time and a under different cultural framework.

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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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Innovation and Organizational Culture

Innovation Excellence

Recently, the Boston Consulting Group (BCG) has published key findings of their latest “Most Innovative Companies 2014” survey. Beside the annual ranking, headed by the top three companies Apple, Google and Samsung, some insightful outcomes with regard to organizational and cultural requirements have striked my eye. According to BCG’s research, successfully innovating companies approach innovation as a system.

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Crowdsourcing vs crowdfunding – what’s the difference?

Wazoku

It can be frustrating when crowdsourcing and crowdfunding are used interchangeably, because they are completely different things. The confusion might happen because the words are similar, and they are concepts and words that only started entering the mainstream lexicon in the last few years. This means that more and more people are aware of the words, but the distinct meanings can sometimes be a bit confusing.

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InnovationIQ – Score your Innovation readiness

Innovation 360 Group

Innovation IQ. InnovationIQ Score. 0 2015 0 2016. Prepare to regularly revitalise your core value proposition through internal and external innovation. This is more than just an ideal goal for the modern business. It is an essential survival skill in a hyper-competitive world. How innovative is your organisation in comparison with the rest of your industry?

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Michael Docherty, CEO of Venture2, Joins Edison Awards Steering Committee

Venture2

Celebrating it’s 30th year, the Edison Awards is an annual competition honoring excellence in new product and service development, marketing, human-centered design, and innovation. The Edison Awards symbolize the persistence and excellence personified by Thomas Edison, while strengthening the human drive for innovation, creativity and ingenuity.

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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.