Sat.May 26, 2018 - Fri.Jun 01, 2018

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Why failure can be an innovation aphrodisiac

Jeffrey Phillips

If you stick around innovation long enough you'll probably come to believe that we are all dead-enders. After all, what group of people could willingly embrace as much failure with such a positive attitude? Failure, you'll be reminded, is necessary for innovation. I like to quote the saying that my ski instructor told me years ago - "if you aren't falling, you aren't trying hard enough".

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Getting Out Of The Box Isn’t an Innovation Cure

Innovation Excellence

Contrary to the cliche, just getting out of the box is the worst way to innovate. If there’s a poster-child cliche for innovation it has to be “get out of the box.” I’ve got some breaking news for you, the hardest part of innovation isn’t getting out of the box. In fact, getting out of.

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Ideas? Don’t give up on them

Beyond the Obvious

Once everyone is settled into the meeting, it’s time to share what you’ve discovered. I generally give a quick recap of our area of focus, not about the ideas yet. I start off by asking the participants to share their own list of the assumptions and rules that define how the industry and organization operates. […].

Meeting 55
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Empowering Women Will Innovate Your Company

InnovationManagement

Female empowerment has been a hot topic in the business community over the years. Female entrepreneurship is rising steadily, and conversations will steer toward this theme increasingly as women entrepreneurs expand their influence in the marketplace.

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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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What Does a Chief Innovation Officer Do?

IdeaScale

We continue to see more and more Chief Innovation Officers at the enterprise level. In this survey from 2015, researchers report that 43% of large companies have some sort of top innovation executive in place, which was up from 33% in 2011. But what does a Chief Innovation Officer do? Well, here are a few of their responsibilities. A Chief Innovation Officer: Builds Purpose.

Ideation 150
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Don’t Break Down Silos, Connect Them

Innovation Excellence

Nobody likes a silo. Or a stovepipe for that matter. These insular structures restrict the flow of information, which makes it hard to coordinate action and adapt to change. In some cases, it can even lead to disastrous consequences like the General Motors ignition switch scandal. So it should be no surprise that managers try.

More Trending

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What goes around, comes around, in Innovation

Paul Hobcraft

It is funny but that often-used phrase “ what goes around, comes around ” seems appropriate here. I was catching up with my collaborate and sparring partner on “all things innovating”, Jeffrey Phillips and within our recent conversation, some of our discussions sort of triggered a reflection back to some fundamental work we undertook some years back.

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Innovation and the rapidly changing world of photography

Jeffrey Phillips

We've reached a couple of interesting milestones in a very short period of time, and it behooves us to pay attention to the changes in what has been an important industry - photography. For innovators, it's been easy to kick Kodak around, for having missed the transition to digital photography while owning many of the patents. However, Kodak by itself isn't the whole story in the world of photography.

Change 113
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Military Invention Day

IdeaScale

Two weeks ago, my wife and I looked at the weekend weather report – more rain. If you live in the Washington, D.C. area, then you’ve experienced record breaking rainfall recently. On top of that, our nine month old is like a bull in a China shop right now. So in spite of the weather, staying inside our house all day is not an option. But where would we go to stretch our legs?

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3 Social Entrepreneurs That Are Changing The World From The Bottom Up

Digital Tonto

The best way to help the world's poor is by leveraging the assets they already have Related posts: The Lean Startup Is Doing More Than Transforming Business, It’s Changing The World. How Social. [[ This is a content summary only. Visit my website for full links, other content, and more! ]].

Change 98
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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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Need Innovation? Change Your Space.

helloFUTURE

Change in surroundings lead to a change in thought What do they call it when expert after expert proves beyond a doubt that something exists and is roundly agreed to be the case, but is then summarily ignored, even though the findings are real and true? In study after study, humans have been found to… The post Need Innovation? Change Your Space. appeared first on hellofuture.

Change 69
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Innovation in Education – Easier Said than Done

Innovation Excellence

Good educators are optimists. They walk into their classrooms every day believing that they can transform the lives of their learners. They do so by facilitating experiences that infuse learners with knowledge and skills that can also enhance society and the world. These educators recognize, as much as anyone else, that the world is changing.

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Innovation Labs: open innovation, outside and inside the corporation (4/4)

Rapid Innovation in digital time

4 types of innovation labs: following the description of the 1) Disruptive Labs, and 2) Rapid Innovation Labs, we move now to the 3) Open Innovation Labs, and 4) Innovation Culture and Intrapreneurship Labs.

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Real Businesses Have Real Assets

Digital Tonto

Platforms are no panacea Related posts: The Lean Startup Is Now Helping To Transform Government Funded Science Into Real Businesses. 3 Reasons Why You Shouldn’t Bet Your Business On A Platform. 4. [[ This is a content summary only. Visit my website for full links, other content, and more! ]].

LEAN 93
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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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The missing link between Design Thinking/Lean Startup and Agile

Board of Innovation

Read More. The post The missing link between Design Thinking/Lean Startup and Agile appeared first on Board of Innovation.

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Innovation Sighting: Digital License Plates Using Task Unification and Attribute Dependency

Innovation in Practice

A digital license plate that can change display and track the vehicle is currently being tested in California. 116 of these innovative tags that come with e-ink screens and a GPS tracker are part of a pilot program in the Sacramento area. As with many innovations, these high-tech tags manufactured by Reviver Auto utilize multiple innovation templates in its design.

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Innovation Labs: rapid innovation (3/4)

Rapid Innovation in digital time

4 types of innovation labs: following description of 1) Disruptive Labs, we cover here 2) Rapid Innovation Labs; next post will move to the 3) Open Innovation Labs, and 4) Innovation Culture and Intrapreneurship Labs.

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10 Reasons Why Digital Health Startups Fail

Innovation Excellence

Startups, in general, fail for many reasons. One observer mentioned his top 5 reasons as 1) lack of capital, 2) expanding too soon, 3) heavy reliance on debt, 4) poor strategy, and 5) poor business model and plan. Ultimately, there are two basic reasons: 1)They make stuff no one wants to buy, and 2)they have a business.

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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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Why I hate Board of Innovation (and why I love it)

Board of Innovation

Read More. The post Why I hate Board of Innovation (and why I love it) appeared first on Board of Innovation.

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5 ways to Make Your Company More Efficient

InnovationManagement

Making your company operate more efficiently can improve your bottom line, while also making it easier to run and to manage. Fortunately, there are a lot of simple things you can do to boost efficiency. It's a good idea to frequently take a critical look at your processes to analyze how they can be made more efficient. Then, you can take advantage of new techniques and technologies that will easily and conveniently boost your efficiency.

Company 45
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Krishnan Naganathan

Innovation 360 Group

Based in Chennai, India. Background. Krishnan have over 25 years of varied industry experience spanning steel, automotive, FMCG and business consulting. His functional expertise includes operations excellence, supply chain, strategy development and execution as well as product development. These skills have been honed during a career spent at organizations such as Ford, Castrol/BP, Ashok Leyland and Jindal.

LEAN 45
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Innovation Insights from Teddy Roosevelt

Innovation Excellence

Sometimes one stumbles across insights from unexpected places. Most of the books I have read recently have fallen into the category of histories of other countries (Laos, China, Singapore, Myanmar, Colombia) or studies of how things work (buildings, bridges, rivers, archaeology). I gravitate towards these subject areas because they are of great interest to me.

Study 48
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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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What’s on the Minds of Innovation Executives?

Planview

There was no shortage of practical sessions at Spigit’s Ignite 2018 conference. One session in particular that gave a unique perspective into the minds of executives was the executive panel moderated by Innovation Leader’s Kelsey Alpaio. The panel consisted of: Rebecca Cameron, VP of Corporate Strategy, Nasdaq. Jeff George, VP of Research and Development, Americas, Campbell Soup Company.

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The Big Secret of Design Thinking? Doing.

Innovationship

12.5 million. That’s roughly the number of hits you get today on Google when you search on the term “design thinking.” Design thinking has come a long way since my days at IDEO back in the early ‘90s when the mere mention of the word “design” saw most technologists and non-designers frowning their brow with skepticism. What was design thinking before it was design thinking?

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Open Innovation and Climate Change Behavior Solutions

IdeaConnection

Although the Early Entrant Prize is being awarded today there are still 60 days left to enter Solution Search: Climate Change Needs Behavior Change. This global open innovation contest is sponsored by several organizations including Conservation International, National Geographic, The Nature Conservancy, United Nations Development Programme, and the World Wildlife Fund, and will award a prize of $25,000.

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How to Create a Culture to Capitalize on Innovation

Innovation Excellence

Creating a Commercialization Culture A presentation by Jay Morgan, VP Global Innovation Bayer Consumer Care given at the back end of Innovation Conference, October, 2015. Jay Morgan shared his story of how Merck Consumer Care (now Bayer Consumer Care) began its innovation journey. The story takes place in Memphis, TN. It begins in 2011. It.

Culture 46
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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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What’s the ROI of an idea management platform? Can you put a figure on it?

Wazoku

No matter your team or department, at some point I bet you’ve been asked to provide the return-on-investment (ROI) of a project, tool or process. Calculating ROI is a way to show that the money or time invested is worth the value of the return. It’s especially useful when seeking buy-in for a new tool or process and to measure its potential impact. Taking this back to idea management, Do you know the business value of implemented ideas?

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Offering You An Innovation Coaching Methodology

Guide 4 Innovating

Coaching offers real benefits. For instance, in Leadership Coaching, the results offer an ROI on the initial investment of nearly SIX times on average. Can you image this X return factor going through the roof, going way beyond the initial investment if the innovation outcomes ‘take off’ and delivers the level of growth across the organization’s business, partly gained from a greater awareness of innovation and how to apply these different levers within it’s application?

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A Look Into Innovation Games

Econic

Innovation Games Frameworks. If you’re looking to spark new ideas, get better insight from customers, and just generally. innovate better, one of the most useful (and fun) ways to do so are innovation games. Created by Luke Hohmann several years ago, innovation games are frameworks and. collaborative games used to generate better ideas and co-collaborative processes with both. customers and internal design teams.

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Break The Loop Of Underperforming Innovations

Innovation Excellence

The tangible sales results of new product or service innovations are directly tied to the corporate mindset and systems that created them. Mindset precedes and dictates the systems which develop & launch innovations. If these systems are geared towards optimizing efficiency and minimizing risk, then by nature innovations will remain “close in” and likely underperform.

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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.