Sat.Oct 07, 2017 - Fri.Oct 13, 2017

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How to keep our children (and adults) from losing their creativity

Idea to Value

All children are born creative. Yet why is it that when we ask adults, the majority would not describe themselves as being creative anymore? What has happened over those formative years to remove a person’s ability to come up with great new ideas? Can we keep our children creative for longer? And more importantly, is there anything we can do to bring back this lost creativity in adults?

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Why a Job-To-Be-Done Approach Can Be Crucial for the Success of Your Innovation Program

HYPE Innovation

How often do you get caught up in the numbers game in innovation? You are encouraged to generate lots and lots of ideas, the more ideas, the better. Then you are encouraged to “fail fast” by quickly evaluating ideas to see which is the best. But innovation is not a mixture of guesswork, searching in a random fashion what might strike a chord with your customers.

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Incremental or Radical Innovation?

IdeaScale

Are you inside or outside the box? Why not both at once? Is incremental or disruptive innovation better? That’s a tough question to answer. It depends on where your business is and what you want to archive. In your approach to innovation, you should weigh them both. What Is Disruptive Innovation? “Disruptive” boils down to a drastic shift in how your business or your entire industry changes.

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Six best innovation practices to engage Millennials and Gen Zers

Exago

All businesses are created first by ideas. Then, once you are in business, you need new thinking for design, engineering, radical improvement, manufacturing, marketing, advertising, problem-solving, customer retention, etc. Often the difference between success or failure in business is a simple idea. The post Six best innovation practices to engage Millennials and Gen Zers appeared first on Exago.

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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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Building a Better Athlete

Braden Kelley

As an athlete and a basketball coach I’m always on the lookout for interesting things that fit into a regular workout, enhancing the experience and the outcomes, without detracting.

Exercises 109
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Innovation Isn’t About What You Control, But What You Can Access

Digital Tonto

Competitive advantage no longer lies at the top of a value chain, but at the center of networks Related posts: The Access Economy. Now, Anyone Who Wants Can Access The World’s Most Advanced. [[ This is a content summary only. Visit my website for full links, other content, and more! ]].

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The Compelling Attractiveness of Fewer Ideas

Bill Fischer

Too many ideas might lead to leadership overload and strategic paralysis. Sometimes, fewer ideas are better than too many. Here are lessons of leading in a volatile world with a few key ideas that allow you to share leadership with others.

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Now Available – Charting Change™ Facilitated Change and Project Kickoffs

Braden Kelley

Help Yourself to Successful Projects and Change Initiatives Too often change management is seen as a subset of project management, causing the people side of change to be an afterthought. Stop it!

Change 109
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Don’t Bet On Someone Else’s Success Story

Digital Tonto

A strategy can never be validated backward, only forward Related posts: The Power Of Story. Where to Play and How to Win. Apple’s (not so) Stupid Strategy. Why Success Often Breeds Failure. 5. [[ This is a content summary only. Visit my website for full links, other content, and more! ]].

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12 Types of Prototypes to Test Your Idea | Collective Campus

Collective Campus

Fail fast and often is a rhetoric we are no doubt used to hearing, and perhaps have come slightly sick of - like anything that is repeated too often. And perhaps that has to do with the fact that such narrative isn’t actionable.

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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 in three words – Solve Different Problems

Mike Shipulski

With innovation, novel solutions pay the bills – a new solution provides new value for the customer and the customer buys it from you. The trick, however, is to come up with novel solutions. To improve the rate and quality of novel solutions, there’s usually a focus on new tools, new problem-solving methods and training on both. The idea is get better at moving from problem to solution.

Design 69
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You Can Be a Spectator or You Can Be in the Arena

Innovation Excellence

The difference defines what it means to be an entrepreneur. Last week, I was reminded of what it means to be an entrepreneur when a good friend shared with me the pain of watching his business fail after years of hard work. He wasn’t bitter about it but he was thinking hard about the risks.

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Competitive Advantage Through Open Innovation: Insights from Absorptive Capacity Theory

Innocentive

In these fast-changing times, the established models of innovation are being challenged. Rather than innovation from within – what’s been called an ‘invent-it-ourselves model’ [1] – organizations who want to stay ahead are now looking to adopt different approaches. This article looks at how one such model – open innovation – can contribute to competitive advantage by following three vital steps.

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Learning How to Learn | Collective Campus

Collective Campus

The world is changing faster than ever and up to 60% of today’s jobs are likely to be automated in the next 10-15 years, yet most of what children learn in school is still geared towards traditional roles, and still forces them to become adept at reading, remembering and regurgitating as opposed to more transferable and relevant skills such as resilience, embracing and thriving in ambiguity, critical thinking and problem solving.

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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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Collective Genius — Leading innovation in your organization

Be-novative

The emergence and use of innovative methods are accelerating and diversifying, such as design thinking, open innovation and gamification. Relying on traditional methods like R&D project groups or solo geniuses are risky—they’re not efficient nor fast enough to outpace the competition.

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The 4 Standout Attributes of Truly Great Innovators

Innovation Excellence

In the process of researching my book, Mapping Innovation, I talked to a diverse group of successful innovators. One underlying premise of mine is that there isn't one “true” path to innovation, so I expected to see a variety of approaches and that’s indeed what I found. However, I also noticed that some remarkably constant themes emerged, and great innovators had four attributes in common.

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“It’s Our Job to Ask Questions”: Building a Culture of Inquiry

Innovation Architecture

After the publication of Great Question! I began running workshops around “building a culture of inquiry.” The workshops are designed to help people explore what it means to embrace a spirit of inquiry in meaningful ways within their organization and, ultimately, within themselves. Great Question! and its predecessor, The Dirty Maple Flooring Company , spoke to the power behind convening a group of people to identify and pursue the critical questions facing the group.

Culture 56
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To Accelerate, Slow Down First

Daniel Burrus

It’s a problem that most every organization has to confront sooner or later: How do we get more done in less time? Surprisingly enough, one of the most effective answers is to slow down first. As I said, that may seem like an unusual solution. But, taken in the overall context of the approach in my Anticipatory Organization system, it makes perfect sense.

Trends 56
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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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Returning to a Valuable Strategic Planning Question

BrainZooming

I used to always ask the same question at the end of every job interview: Is there anything you want to talk about but didn’t based on the questions I asked that you want to talk about now? The question helped create a focused opportunity for nervous, hesitant, or distracted candidates to say whatever they wanted that they thought was important in selling themselves.

eBook 55
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3 Innovation Types: Evolution, Preventative, Creative

Innovation Excellence

We've positioned innovation incorrectly. Too often we position innovation as creating a new and valuable offering or solution, ready when customers are ready to demand new products and services. We've positioned innovation as something to do to prepare for future business, future needs and future demands. Yet, innovation does answer these issues.

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Innovative Ideas for Combining Traditional and Digital Marketing

InnovationManagement

In 2010, Pepsi invested millions of dollars in the “Pepsi Refresh Project,” moving their entire marketing strategy to social media. The campaign was, of course, widely promoted via online networking channels and, in the beginning, it seemed like a huge success.

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How To: Outsourcing and Virtual Assistants | Collective Campus

Collective Campus

I’ve been using virtual assistants for several years. Today, virtual assistants are a big part of the reason why I can maintain what people consider a very high output (in the past two years - in addition to running an innovation consultancy - I founded a children’s entrepreneurship program, published two books, launched a podcast that as of writing is 187 episodes strong and still maintain a solid social life, daily fitness routine, have ample time to learn and maintain interests outside of wor

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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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Future-proof Your Innovation Management: Dual Innovation

Integrative Innovation

This article was co-written with Frank Mattes. Being among the pioneers (see e.g. here or here ) in making the case that dual approaches to modern corporate innovation are mandatory for innovation impact, we have recently been delighted about two things: First, more and more companies are appreciating our arguments as the following data suggest (sources can be provided upon request): Second, two concepts that we’ve been advocating for quite some time, are being increasingly used by innovation th

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Revisiting Jill Lepore’s Debate with Clayton Christensen

Innovation Excellence

Jill Lepore's New Yorker article about how Disruptive Innovations have failed and how the theory is bogus completely underestimates the forward-thinking and world-changing power of disruptive innovation in business.

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Intrapreneurship is also worth for startups!

Rapid Innovation in digital time

I met with Sylvain Tillon a few weeks ago in the course of the Oracle Startup Cloud Accelerator program set-up by Dominique Van Deth. I must say I was quite impressed by his entrepreneurship know-how.

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Smell, Don't Tell - How to Win Buy-In for Corporate Innovation | Collective Campus

Collective Campus

Winning buy-in from senior and middle management for corporate innovation initiatives is one of the biggest challenges intrapreneurs face. Oftentimes, intrapreneurs resort to presentations and meetings with executives in an effort to convince them why they should explore new initiatives. Sometimes this works. Most times it doesn’t. Such pursuits fall flat because the recipients have an inherent lack of incentive to explore innovation, a preconceived notion that innovation is risky and expensive

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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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Understanding business models through BMI patterns

The BMI Lab Blog

Understanding how businesses work is the first step to initiate any business model innovation process. If we can’t grasp the essentials of what makes a proper business model it would be very difficult, if not impossible, to change the way our company works. For that purpose, we need some tools that help us to focus on what really matters and avoid cognitive traits and misunderstandings.

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Your Journey of Innovation Fitness Dynamics

Innovation Excellence

How do we become innovation fit? I believe we need to raise our game and provide a greater fitness to the way we manage innovation. The dynamics of innovation need to be understood.

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Design Thinking: the Road Towards Innovation

InnovationManagement

Design thinking is methodology that combines creativity and logic to improve operations, products, and decision-making. Its iterative cycle identifies a need or opportunity and ultimately improves profitability by adding to your knowledge, and boosting productivity.

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Setting Up the Innovation ‘Shop’: Ex-Starbucks VP Shares Her Advice

Innovation Leader

Former Darden Restaurants and Starbucks exec Rachel Antalek says getting started was the hardest part of responding to the instruction to “set up a disruptive innovation team.

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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.