Sat.Oct 26, 2024 - Fri.Nov 01, 2024

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A Complete Guide to Innovation Management: Strategies, Techniques, and Systems

innosabi Innovation Insights

Innovation management is the strategic process of helping an organization develop new ideas, implement them, and continually monitor their progress. It covers everything – from generating ideas to final execution – making sure businesses can adapt and compete effectively. And as industries change, companies need to rely on innovation not just for growth, but to […] Der Beitrag A Complete Guide to Innovation Management: Strategies, Techniques, and Systems erschien zuerst auf innosabi.

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Get Out of the Product Cave: From Plato to Steve Blank

IM Insights

By Elijah Eilert Did the philosopher Plato lay down one of the most crucial startup and innovation principles? Steve Blank, a contemporary innovation thinker (and, dare I say, philosopher), popularised the widely accepted principle “Get Out Of The Building,” urging entrepreneurs to engage directly with customers early in the product development cycle, challenging critical assumptions.

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What is Open Innovation? Definition, Types, Model, and Best Practices

eZassi

Table of Contents What is Open Innovation? Types of Open Innovation Models Examples of Open Innovation Top 10 Best Practices for Open Innovation in 2024 What is Open Innovation? Open innovation is a forward-thinking strategy that emphasizes collaboration and external input to drive innovation. By combining internal efforts with ideas, technologies, and expertise from outside sources, organizations can accelerate growth, develop cutting-edge solutions, and address complex challenges.

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Five Great Questions to Ask Your Team

Destination Innovation

Managers everywhere are under stress. They are asked to deliver more but with fewer resources. They need to meet targets, sort out problems and get the most out of their team (including the under-performers). How can you improve performance in your area? Try getting your team together and asking these questions. What is the most important thing we do?

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15 Modern Use Cases for Enterprise Business Intelligence

Large enterprises face unique challenges in optimizing their Business Intelligence (BI) output due to the sheer scale and complexity of their operations. Unlike smaller organizations, where basic BI features and simple dashboards might suffice, enterprises must manage vast amounts of data from diverse sources. What are the top modern BI use cases for enterprise businesses to help you get a leg up on the competition?

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The 10 Most Popular Innovation Management Questions

HYPE Innovation

Launching an innovation management system does not have to be guesswork, and it is simpler than most organizations think. Unlike routine processes, innovation thrives on continuous change. Waiting until you can get it totally right misses the point. Innovation is not a destination; it is a mindset. This means getting started is easy, and you can continuously iterate to explore, improve, and enhance.

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Communicate A Vision To Shift Strategy, Shape Networks To Change Behavior

Digital Tonto

The 18th century French enlightenment writer Voltaire once said, “If you wish to converse with me, define your terms,” and we need to approach transformation with a similar mindset. Some transformations require changes in investments, while others require changes in behaviors and these have very different challenges. Until fairly recently, our economy was based on atoms and transformations were usually focused on strategic decisions such as building a new factory, entering a new market or launch

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We Must Unlearn These Three Management Myths

Innovation Excellence

GUEST POST from Greg Satell Mark Twain is reported to have said, “It’s not what you don’t know that kills you, it’s what you know for sure that ain’t true.” Ignorance of facts is easily remedied. We can read books, watch documentaries or simply do a quick Google search.

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The Power of Creating Executive Team and Board Synergy

Leapfrogging

The synergy between your executive team and the board is like a well-choreographed dance; it’s all about moving together in harmony towards shared goals. When these groups communicate effectively, dream big together, and align their strategies, it’s magic. This teamwork utilizes everyone’s talents to push the organization onward and upward.

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Why Prioritizing Business Agility Creates Better Outcomes

Planview

The business world is caught up in a whirlwind of change. How your enterprise responds to that change can determine whether your organization is an industry leader or another company stuck in the middle of the pack. That’s because a defining trait of best-in-class organizations is their ability to quickly pivot in the face of changing market conditions, emerging and disruptive technology, and shifting customer demands.

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How to Lead When the Future Feels Unpredictable

Harvard Business Review

Three ways to help your colleagues — and yourself — cope during liminal times.

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Prepare Now: 2025's Must-Know Trends For Product And Data Leaders

Speaker: Jay Allardyce, Deepak Vittal, Terrence Sheflin, and Mahyar Ghasemali

As we look ahead to 2025, business intelligence and data analytics are set to play pivotal roles in shaping success. Organizations are already starting to face a host of transformative trends as the year comes to a close, including the integration of AI in data analytics, an increased emphasis on real-time data insights, and the growing importance of user experience in BI solutions.

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Airlines Are Soaring to New Heights in Passenger Satisfaction

Innovation Excellence

GUEST POST from Shep Hyken There’s good news for those who fly the friendly skies. The experience is getting better. If you think about it, airlines have a simple product experience. It’s a plane that moves people. Safety is the number one priority. Beyond that, get the passengers to the destination on time.

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Executive & Board Collaboration and Empowerment Strategies

Leapfrogging

Getting the executive team and board of directors to work together like a well-oiled machine? That’s the secret sauce for any business aiming to hit it big. Importance of Strategic Alignment When the exec team and board are on the same page, it’s like a symphony: everyone knows their part, and everything runs smoothly. Clear alignment means: Everyone sings the same tune People take charge and know who’s doing what Resources get used wisely with no waste Strategic Alignment Bene

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Breaking Free from the Chains of Force: Why the Future of Work Requires Radical Change

Tullio Siragusa

Breaking Free from the Chains of Force: Why the Future of Work Requires Radical Change The future of work is upon us, and it’s clear that the traditional systems we’ve clung to for so long are no longer sufficient. In a recent Bliss Business Podcast episode, Jose Leal, co-founder of Radical World, shared his perspective on why work models of the past are collapsing under the weight of their own dysfunction.

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Younger Women’s Experiences Show Gender Equity at Work Isn’t Inevitable

Harvard Business Review

A new report suggests that not only are the experiences of women under 30 similar to those of women 50 and older — in some ways, they’re worse.

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The Tumultuous IT Landscape Is Making Hiring More Difficult

After a year of sporadic hiring and uncertain investment areas, tech leaders are scrambling to figure out what’s next. This whitepaper reveals how tech leaders are hiring and investing for the future. Download today to learn more!

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28 Things I Learned the Hard Way

Innovation Excellence

GUEST POST from Mike Shipulski If you want to have an IoT (Internet of Things) program, you’ve got to connect your products. If you want to build trust, give without getting. If you need someone with experience in manufacturing automation, hire a pro.

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Digital Strategy and Innovation: Driving Long Term Success

Qmarkets

Organizations are under constant pressure to adapt, innovate, and deliver new value to stay competitive. A digital strategy is more than just implementing the latest technology; it’s a comprehensive approach that aligns digital initiatives with overall business goals, leveraging innovation to transform processes, enhance customer experiences, and create sustainable growth.

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Technology Trends – Sensors

eZassi

Sensors Rank as a Critical Component for Industry Innovation and Competitiveness Sensor technology is transforming industries by providing real-time monitoring of supply chains, product quality, and consumer interactions. For sectors like CPG, Defense, Manufacturing, and Energy, sensors offer crucial transparency and superior control. By tracking key conditions such as temperature, moisture, pressure, and handling, businesses can ensure product safety, optimize logistics, and reduce waste.

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One Company A/B Tested Hybrid Work. Here’s What They Found.

Harvard Business Review

The six-month experiment reversed managers’ opinions on hybrid work — and offers three important lessons.

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How To Select the Right Software for Innovation Management

Finding the right innovation management software is like picking a racing bike—it's essential to consider your unique needs rather than just flashy features. This oversight can stall your innovation efforts. Download now to explore key considerations for success!

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The Keys to Successfully Leading Change

Innovation Excellence

GUEST POST from Stefan Lindegaard In the infographic below from Justin Mecham you’ll see a comprehensive overview that serves as a source of inspiration for leading change. Regarding this, I have a question for you: Which three aspects of this overview do you find most compelling, and why?

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Startup Scouting: A Strategic Approach to Innovation Discovery

Qmarkets

In a world where thousands of startups emerge each year, companies looking to stay competitive need to engage actively with this innovation ecosystem. Startups often bring fresh ideas, new technologies, and agile development approaches, but identifying the right ones to collaborate with or invest in can be complex. Enter startup scouting , a process that allows established companies to systematically discover, evaluate, and collaborate with startups poised to make a meaningful impact.

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Seeing Treasure: The Future of Waste in Sustainable Innovation

Yet2

Words by Carlos Pichardo Today, industries are harnessing breakthrough technologies allowing previously untapped kinds of waste to be transformed into valuable resources. Waste repurposing isn’t new. What’s new are the technologies converting complex and unconventional byproducts—think non-recyclable plastics, agricultural remnants like shells, and even CO₂ emissions—into sustainable materials and ingredients essential to production.

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How to Manage a Distracted Team

Harvard Business Review

Five strategies for when the news cycle is all consuming.

How To 114
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How To Set Up Innovation So That It Aligns With And Enables Corporate Strategy

Speaker: Paul Heller

Most innovation work proceeds independently from company strategy. As a result, the products that arrive in the market are not well aligned with the company’s goals. This challenge is particularly significant in organizations with transformation-oriented strategies, where innovation must directly support growth, scalability, and strategic pivots. In this session, we will discuss why innovation in large companies is so often not aligned with the company’s strategy and what innovation leaders, pro

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Everyone Clear Now on What ChatGPT is Doing?

Innovation Excellence

GUEST POST from Geoffrey A. Moore Almost a year and a half ago I read Stephen Wolfram’s very approachable introduction to ChatGPT, What is ChatGPT Doing. And Why Does It Work?, and I encourage you to do the same.

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How to Execute An Open Innovation Strategy with Innovation Management Software 

Qmarkets

With digital disruption accelerating across industries, traditional, closed approaches to innovation no longer suffice for most companies. In fact, research shows that companies practicing open innovation achieve faster time-to-market and often realize higher revenue from new products. But what exactly does open innovation entail, and how can companies leverage it strategically?

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Acuvate and Kognitwin Digital Twin solutions

Acuvate

Introduction: At Acuvate, we are pleased to offer a well-integrated Kognitwin Digital Twin solution. Acuvate and Kongsberg Digital (KDI) jointly deliver this end-to-end solution, starting from data collection using sensors (including ANYbotics robots). It involves: AcuNow Edge for supporting real-time decision-making (optional) AcuPrism for data storage, manipulation, and contextualization AI Platform for analytics that feed into KDI’s Kognitwin Together, KDI and Acuvate bring this comprehensive

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High Performers Need Feedback, Too

Harvard Business Review

Research shows they thrive on feedback but often get less of it. Here’s how to fix that.

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HR Meets AI: The New Way of Keeping Large Workforces Connected and Engaged

Speaker: Miriam Connaughton and Donald Knight

As organizations scale, keeping employees connected, engaged, and productive can seem like a monumental task. But what if AI could help you do all of this and more? AI has the power to help, but the key is implementing it in a way that enhances, rather than replaces, human connection. Join us for an exploration into how industry trailblazers are using AI to transform employee experience at scale while addressing both the potential and the pitfalls.

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Why Small Innovations Matter Now More Than Ever

Innovation Excellence

Searching for Silver Linings GUEST POST from Robyn Bolton Do you feel like you’re drowning in a sea of bad news? You’re not alone. We’re standing in the eye of a storm of war, political division, and endless layoffs.

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Digital Strategy and Innovation: Driving Long Term Success Copy

Qmarkets

Organizations are under constant pressure to adapt, innovate, and deliver new value to stay competitive. A digital strategy is more than just implementing the latest technology; it’s a comprehensive approach that aligns digital initiatives with overall business goals, leveraging innovation to transform processes, enhance customer experiences, and create sustainable growth.

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Mistakes to AVOID in Large Scale Transformation

Rmukesh Gupta

In today’s rapidly changing world, organisations are constantly looking for ways to transform themselves to remain competitive. Large-scale transformation can be a daunting task, but it is essential for success in the long run. In this video, I discusses four common myths and six common mistakes that people make when leading transformation. I also share advice on how to avoid these mistakes and successfully lead transformations.

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How Does Dignity Fit Into Your Leadership?

Harvard Business Review

Four research-backed actions leaders can take to humanize work.

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Best Practices to Streamline Compensation Management: A Foundation for Growth

Speaker: Joe Sharpe and James Carlson

Payroll optimization can be one of the most time-consuming and complex factors of small business management. Yet, organizations that crack the code on streamlining employee compensation often discover innovative avenues for growth. With the right strategies in place, outsourcing and streamlining payroll processes can result in substantial time and resource savings.