Sat.May 08, 2021 - Fri.May 14, 2021

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Innovating, Fast And Slow

Digital Tonto

Just as Daniel Kahneman explained that there are fast and slow modes of thinking, the same can be said about innovating. The truth is that moving slowly is often underrated and that moving fast can. [[ This is a content summary only. Visit my website for full links, other content, and more! ]].

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One great visual paints a thousand innovating words

Paul Hobcraft

One great visual paints a thousand words. This visual I came across some years back, and for me , is outstanding in providing the feedback loops that go into developing the right innovation vision. To get to a definitive endpoint of having an innovation vision, you are faced with some complex challenges. These are well shown here. Each influences the other and constantly loop back, making an improving vision success hopefully.

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These 5 Principles Will Accelerate Innovation

BMNT

these-5-principles-will-accelerate-innovation

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Who is more creative: Oldest, middle or youngest siblings?

Idea to Value

Do you have brothers, sisters, or are you an only child? Which of you do you think is the most creative? Well, a new meta analysis of divergent thinking research just set out to find out what the science says. Just published in the Creativity Research Journal, Birth Order and Divergent Thinking: A Meta-Analysis looked at the analysis of divergent thinking performance of 27 different studies, with 4,690 participants.

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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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It's past time to think the unthinkable

Jeffrey Phillips

I've been noodling lately about what new way of thinking or new perspective or approach we can bring to companies and organizations that may help break what I think is a current innovation gridlock. Today, a LOT of companies are talking about innovation (and digital transformation) and some are practicing what I'd like to call innovation theater - that is, doing some window dressing around innovation without actually committing to a real innovation program or deep change.

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One great visual paints a thousand innovating words

Paul Hobcraft

One great visual paints a thousand words. This visual I came across some years back, and for me , is outstanding in providing the feedback loops that go into developing the right innovation vision. To get to a definitive endpoint of having an innovation vision, you are faced with some complex challenges. These are well shown here. Each influences the other and constantly loop back, making an improving vision success hopefully.

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The amazing science of programmable bacteria

Idea to Value

You might think that bacteria are mostly harmful. That they are the foundations of disease , or make things dirty. On the other hand, you might think of some useful things they do for us, like turn wheat into bread and beer ( in case you think that, those are both actually the result of a fungus, not a bacteria). What you probably don’t think about is bacteria being on the cutting edge of science and manufacturing.

Video 162
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The Business Tool You Didn’t Know You Needed: A Customer Problem Statement

Leapfrogging

Do you know what matters most to your customers? If you aren’t living and breathing the problems your customers face every day, you will likely be unable to empathize with their needs, and providing meaningful innovation to address them. For the past 25 years, I’ve worked with hundreds of groups across dozens of big companies and startups. One of the biggest barriers brands face when it comes to meeting the needs of their target customer is a lack of understanding of a customer’s pain points.

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One great visual paints a thousand innovating words

Paul Hobcraft

One great visual paints a thousand words. This visual I came across some years back, and for me , is outstanding in providing the feedback loops that go into developing the right innovation vision. To get to a definitive endpoint of having an innovation vision, you are faced with some complex challenges. These are well shown here. Each influences the other and constantly loop back, making an improving vision success hopefully.

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How Do You Score Innovation Ideas?

IdeaScale

Overview: It can be difficult to evaluate ideas, especially when they’re new and untested, as criteria such as ROI or market size can be difficult to predict. Instead, you need to create a process with clear evaluation criteria customized to your needs and properly managed expectations. The Innovator’s Dilemma. Truly new, world-changing, radical ideas can seem outlandish when they’re first proposed or developed.

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From Data to Decisions: Maximizing Retail Potential with 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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What are you trying to improve?

Idea to Value

Sometimes, innovation can have unintended, negative consequences. Even if what you aimed to improve was a total success by the criteria you measured. This is the danger of judging success only by a narrow set of specific criteria, and ignoring other changes which you did not anticipate. Let me give you an example. A few months ago, some university students asked me to help them assess their innovation idea for their degree.

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The Principles of Experiment Flow

Strategyzer Innovation

This is a guest post from David J Bland, co-author of our best selling book Testing Business Ideas. Testing Business Ideas explains how to increase the success of any venture by providing a practical guide to rapid experimentation.

How To 135
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How to Become a Lifelong Learner

Tullio Siragusa

How to Become a Lifelong Learner. We humans are always learning. Ever since our brains develop enough, every single experience teaches us something new. Today, in this complicated world where everything is changing all the time, learning from your own life experiences might become a little redundant. To become lifelong learners, you don’t have to be a genius.

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14+2 Brilliant Strategies used by Toyota, Walmart & Costco to Deliver Exceptional Customer Experiences and Build Strong Customer Connections

Cascade Strategy

'Customer Experience', the business deliverables buzzword that has seen exponential growth in use this past decade, as businesses are recognizing the importance of customer connection to overall business success.

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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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Optimizing Your Work-From-Home Space for Creativity and Productivity

Idea to Value

Remote working is nothing new. It was already on the rise and has seen significant growth over the last several years. But, the COVID-19 pandemic sped up that process significantly. According to a FlexJobs survey , 65% of employees want to continue working from home even after the pandemic is over. There are plenty of reasons why remote working is so appealing.

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This Innovative Technology Will Level Up Your Franchise Businesses

Entrepreneur - Innovation

Franchises are easier to start than brand-new businesses, but they still take some work. Savvy entrepreneurs can leverage technology to optimize their efforts and increase revenue.

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The Power of Small Ideas in Improving Vaccinations

Kainexus

With all of the work going on to set up and run Covid-19 vaccination centers around the world, the principles of Lean process design are really helpful. But, as hard as we might try, no process is ever perfect, so having a culture of continuous improvement from the get-go is incredibly important. Many times, when you ask an employee to share an improvement idea, they might say, “I can’t think of anything.

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Embracing Diversity: Brands That Foster a Diverse Workplace

Cascade Strategy

“The world is intertwined today, much more than it was when I was coming out of school. Because of that, you really need to have a deep understanding of cultures around the world. I have learned to not just appreciate this but celebrate it. The thing that makes the world interesting is our differences, not our similarities.”.

Culture 98
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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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Podcast S5E115: Fabienne Jacquet – Bringing feminine energy to innovation

Idea to Value

In this episode of the Idea to Value podcast, we speak with Fabienne Jacquet, scientist, author of “ Venus Genius ” and founder of Innoveve. We touch on what feminine traits are, and how important it is to understand and harness diversity of thinking in order for innovation teams to succeed. Apologies for the audio quality of this episode, there were issues with the recording.

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How to Create and Sustain a Continuous Improvement Culture

Viima

Company cultures can be very different from one organization to the next and there’s nothing wrong with that. Having shared values, goals and beliefs drives organizations forward, but what truly contributes to their success is a healthy organizational culture. A healthy company culture is the cornerstone of successful companies. So, what kind of culture should you develop in your organization for long term performance and success?

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Free On-Demand Webinar: Winning Strategies to Drive Product Innovation & Growth

Entrepreneur - Innovation

Discover why it's especially important to change your business strategies when crisis strikes during this on-demand webinar with Burton Goldfield, President and CEO of TriNet.

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DMAIC Tools Offer a Solid Structure for Problem Solving

Kainexus

DMAIC (Deh-May-Ick) tools are some of the most critical options in the continuous improvement toolbox. They are most closely associated with the Six Sigma methodology. Still, the DMAIC approach to problem-solving is also used by those who practice Lean manufacturing or don’t use a formal management structure. DMAIC is so widely used because the problem-solving framework takes teams from discovering root causes to long-term, stable standard work.

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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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Corporate Venture Building Studio, with Tomasz Rudolf from The Heart

Rapid Innovation in digital time

The Heart is a corporate center for digital ventures, joining forces with leading multinationals to build enterprise startups - future suppliers, partners, distributors and disruptors- and unleashing value added services for big companies.

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Managing Risk in an Innovation Project – Part 2

Inspiring Next

Can you see the role of human factors in a gate review? Really? In spite of a well-defined stage-gate process for managing innovation, projects that deserve to be discontinued (fail-fast) pass through the gates and fail-late, causing huge losses and sometimes the entire business. After all gate-keepers are human, and subject to emotional interference.

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The Three Horizons of Innovation Training

InnovationManagement

What if everyone in your organization came to work believing they could shape the destiny of your company? Learn more in this new post, and find out how it's possible with a 30-minute consult. The post The Three Horizons of Innovation Training appeared first on InnovationManagement.

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How Dana-Farber Leverages Partnerships to Advance Cancer Treatments

Innovation Leader

Lesley Solomon, Senior Vice President and Chief Innovation Officer at Dana-Farber Cancer Institute, discusses how her team utilizes partnerships to get new treatments to patients faster.

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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.

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Top-Down vs Bottom-Up: Approach Differences and Actionable Advice

Cascade Strategy

For years your business was doing well, more than well, it was doing excellent. But now things have taken a turn for the worse and the worst thing is, you can’t find the root of the problem. The strategy you followed all these years that was serving you well, is now betraying you. How can you strategically respond to this unforeseen situation and come out on top of it?

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run from disruption: pivot quickly or face the music

helloFUTURE

Do you remember the time BC (Before COVID)? Everything was awesome, right? The market was going great – you are selling well – your revenues were rocking and your profits were high. You are thinking that you might be able to afford that new home or that second home. You started seeing yourself in that… The post run from disruption: pivot quickly or face the music appeared first on hellofuture.

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The History & Evolution of the PDSA Cycle of Improvement

Kainexus

The PDSA cycle is a popular approach to process improvement because of its simultaneous simplicity and effectiveness. PDSA cycles can be applied to an unlimited number of processes, making them applicable across almost every industry. We thought it was worth a quick look back at how it came to be and how it has changed over time.

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Member Spotlight: Michael Gudas, Liberty Mutual

Innovation Leader

Michael Gudas is the Director of Innovation Strategy & Operations for Liberty Mutual’s Global Risk Solutions Division. We spoke with Michael as part of our IL Member Spotlight series.

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The Big Payoff of Application Analytics

Outdated or absent analytics won’t cut it in today’s data-driven applications – not for your end users, your development team, or your business. That’s what drove the five companies in this e-book to change their approach to analytics. Download this e-book to learn about the unique problems each company faced and how they achieved huge returns beyond expectation by embedding analytics into applications.