Sat.Nov 30, 2019 - Fri.Dec 06, 2019

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The Challenge of Measuring Innovation

Peer Insight

Since 1955, the average lifespan of an S&P 500 company has decreased by 44 years. And in the last 15 years alone, 52% of S&P 500 companies have disappeared. Whichever way you slice it, it’s never been harder for companies to survive, let alone thrive. And in this environment, innovation plays a dual role: Reaper and Redeemer. . The problem is, it’s often too late to act by the time others’ innovation has crept into your market share.

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How to create an innovation strategy that translates to the operational team level

Board of Innovation

Say no to innovation theatre! Create an actionable innovation strategy in 5 days that translates down to the operational team level and drives results. The post How to create an innovation strategy that translates to the operational team level appeared first on Board of Innovation.

Strategy 105
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Innovation - fast and slow, for the right reasons

Jeffrey Phillips

For quite some time we've been hearing about how important it is to do things quickly, with many new adjectives placed in front of the word "innovation". These words include adjectives such as "lean", "agile" and "rapid", to make the point that innovation should be stripped to its bare components, move as fast as possible and create minimum viable solutions.

LEAN 147
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Three Strategies for Becoming an Industry Game Changer

New Markets Advisors

Executives are under constant pressure to boost revenue and increase profitability. In the abstract, that’s fairly straightforward. When… Continue reading on New Markets Insights ».

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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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What’s the Real Difference between Creativity and Innovation?

IdeaScale

A great idea is a good thing, but is it creative or innovative? Creativity and innovation are often seen as interchangeable. However, while there is overlap between them, they’re different. It’s important to understand and apply that difference in your innovation strategy. Creativity vs. Innovation Creativity is the act of conceiving something new, whether a variation on a theme or something wholly new.

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What is the 3 horizons model & how can you use it?

Board of Innovation

A simple explanation (finally) of what the 3 horizons model is, what it isn’t, and how you can use it to manage your organization’s growth strategy. The post What is the 3 horizons model & how can you use it? appeared first on Board of Innovation.

More Trending

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How to See Change Before Everyone Else

InnovationManagement

Market and social forces are challenging long held beliefs about management. For more than a century, the focus of management has been execution. We have become excellent at being increasingly efficient. The post How to See Change Before Everyone Else appeared first on Innovation Management.

Change 59
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The 4-Step Guide to Refining Your Innovation Process

IdeaScale

Innovation processes can be complex. Don’t wing it; refine your plan for progress.?. Most companies today make innovation a priority — or at least they say they do. However, innovating is an inexact science. It’s not the same as learning how to thread a needle or take a screenshot on your Mac. So how do you know if your innovation process is working?

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The Future of Explore and Exploit

Innovation Excellence

In my last two posts I examined the origin of explore and exploit, and where it has taken us so far in the innovation space. In this post I want to explore why everything we believe about explore and exploit from a strategic and business model perspective is increasingly wrong, and what innovators and strategists.

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Three Short Video Tips to Improve your Memory

Destination Innovation

Supercharge your memory with my online course. Here are three video clips from my five day memory challenge which introduced the course. How to remember names. Memory pegging – how to remember a list. Memory pegging part 2. Enroll on the full course for more great memory tips and techniques. The post Three Short Video Tips to Improve your Memory appeared first on Destination Innovation.

Video 284
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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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Innovating successfully: the importance of a strong ideation factory

Exago

Successful innovation is only possible if the best ideas can reach you. A strong ideation factory, based on a culture of innovation, is the fourth element of successful innovation in 2020. The post Innovating successfully: the importance of a strong ideation factory appeared first on Exago.

Ideation 246
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Is Your Office Design Stifling Creativity?

IdeaScale

Office design matters for innovation. . Without enough light, water, or the right mix of nutrients, a plant might live, but it may grow poorly, have droopy leaves and refuse to bloom. Similarly, your workers need certain things to thrive. You want your employees to bloom, don’t you? That’s why your office design matters. All manner of stimuli — or lack thereof — can get in the way of fostering an environment that promotes innovation.

Design 189
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The Truth Behind Netflix’s Incredible Success

Digital Tonto

What made Netflix successful wasn’t just one big idea. In fact, just about every assumption they made when they started the company was wrong. Rather, it was what they learned along the way that made. [[ This is a content summary only. Visit my website for full links, other content, and more! ]].

Learning 138
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S3E47: Prof. Keith Sawyer – The Creative Classroom and improving learning outcomes

Idea to Value

In today’s episode of the Idea to Value Podcast, we speak with Prof Keith Sawyer from the University of North Carolina, Chapel Hill. Prof Sawyer is an expert researcher on creativity, and we talk about what it takes for children to learn most effectively, how teachers and schools need to adapt to new ways of teaching, and how this can teach us about becoming more creative.

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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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Just Say No to Cubicles

Innovation Excellence

Whether it’s placing machine tools on the factory floor or designing work spaces for people that work at the company, the number one guiding metric is resources per square foot. If you’re placing machine tools, this metric causes the machines to be stacked closely together, where the space between them is minimized, access to the.

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How to Increase Your Gratitude and Why It Will Improve Your Life

Tullio Siragusa

How to Increase Your Gratitude and Why It Will Improve Your Life. Gratitude is the readiness to express appreciation for anything you receive from people or the Universe as a whole. Being grateful is crucial to sparking a positive personality and attitude. It also impacts your relations with society. At the same time, it has proven to have various medical and physical benefits.

How To 105
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15 Things Leaders Should Not Do – if They Want Innovation

InnovationManagement

We hear plenty of advice for leaders on what they should do to drive entrepreneurship and innovation in their organizations. It might be smarter to just stop making some of the common mistakes which inhibit innovation. . The post 15 Things Leaders Should Not Do – if They Want Innovation appeared first on Innovation Management.

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Strategy Evaluation - How To Do It Correctly

Cascade Strategy

The process of strategy evaluation is often overlooked in the overall strategic planning process. After the flurry of activity in the initial planning stages, followed by the reality check of executing your strategy alongside business-as-usual, strategy evaluation is often neglected. When this occurs, strategies quickly become outdated and out-of-sync with the changing face of the organization.

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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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Innovation Maturity Matrix – A Model to Successful Innovation Transformation

Innovation Excellence

With 80% of executives considering their businesses to be at risk for being disrupted in the near future, they are under tremendous pressure to transform their organizations towards becoming more innovative. However, any organizational change, let alone a major transformation, is always very difficult to implement successfully. In this post, we’ll look into some of the lessons.

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Mastering Business Testing: Formulating Strong Hypotheses

Strategyzer Innovation

When you are working on a new business idea, you may be confident that you are on the right path. However, each building block of your business model and value proposition represents an area of risk that needs to be tested: Customer segments, key resources, channels, value propositions, revenues and costs. In order to run good experiments to test our business ideas we need to formulate strong hypotheses that are testable, precise and discrete.

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The Role of Data in a successful digital transformation journey

Acuvate

McKinsey Global Institute’s reports suggest that data-driven organizations are 23 times more likely to acquire customers, six times as likely to retain customers, and 19 times as likely to be profitable as a result. Yet today, many companies neglect the potential of data and analytics. According to Gartner , fewer than 50% of documented corporate strategies mention data and analytics as key components for delivering enterprise value.

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Design Thinking & Human-Centered Design in Medical Devices & Pharma

InnovationTraining.org

Examples of design thinking and human-centered design in the medical devices and pharmaceutical industries. Innovation in the medical devices and pharmaceutical industries is crucial for the health and wellbeing of our communities. Through the use of methodologies like design thinking and human-centered design, hospitals and other medical organizations have been able to better serve their patients and address specific problems or needs.

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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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How to Increase Your Gratitude and Why It Will Improve Your Life

Tullio Siragusa

How to Increase Your Gratitude and Why It Will Improve Your Life. Gratitude is the readiness to express appreciation for anything you receive from people or the Universe as a whole. Being grateful is crucial to sparking a positive personality and attitude. It also impacts your relations with society. At the same time, it has proven to have various medical and physical benefits.

How To 62
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Arti?cial Intelligence to achieve the Sustainable Development Goals

Norbert Bol

Last week the United Nations Educational, Scientific and Cultural Organization (UNESCO) launched their study on Artificial Intelligence (AI) for Sustainable Development: “ STEERING AI AND ADVANCED ICTS FOR KNOWLEDGE SOCIETIES – A Rights, Openness, Access and Multi-stakeholder Perspective on Internet Freedom” . The study recognizes arti?

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Top 20 Innovation Articles of November 2019

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 November’s twenty most.

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The Innovation Instinct: Inventions Inspired by Nature

Qmarkets

Nature has long inspired visionaries to look beyond existing ways of living and thinking. Many notable engineers, architects, designers, and other creators have discovered unique adaptations between a species and its environment, and applied these insights to drive innovation across a huge variety of inventions, products, services, and industries. Known as biomimicry, or biomimetics, the concept is simple.

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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.

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The Art of Asking Good Coaching Questions

Kainexus

Today we are bringing you another recap of a presentation from the 2019 KaiNexicon event. We were delighted to draw together leaders and change agents from a wide variety of organizations to pool our collective wisdom and get better at getting better. We were thrilled that Jamie V. Parker agreed to participate. Jamie is on a mission to make the world of work more human.

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5 Trends That Will Reshape Customer Service Over the Next 5 Years

Entrepreneur - Innovation

If you're going to grow through the 2020s, you'll need to innovate.

Trends 99
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Five New Innovation Books for the Holidays.

Innovation Excellence

As the holiday season in the US gets underway, I habitually look back on what I’ve learnt over the previous year. An important part of that is always what I’ve read, and in the festive spirit of sharing, here are five books that greatly influenced me in 2019. None are strictly ‘Innovation books’. Instead they.

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How to turn a budget cut into a strategic thinking opportunity.

Focused Momentum

As the fiscal year ends, the planning teams wrap up the annual planning and distribute next year’s budgets. Ideally, this would be a time of excitement as each new year brings new challenges and new opportunities. Unfortunately, more times than not, new budgets are met with disappointment rather than excitement. Disappointment because rarely do teams get all of the resources they requested, and reviewing the new budget dampens the excited to launch into a new year.

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Mapping Digital Transformation: Retail’s Strategic Shift

Speaker: Jennifer Wright, Michael Scholz, Jasmin Guthmann, and Scott Canney

Digital transformation in retail is so much more than new technology. You need to get your whole organization, from entry-level workers to executives, on board with the new tech, new skills, and culture changes that digital transformation brings. Leading this mindset shift can be a daunting task… but that’s where this webinar comes in! Join our panel of experts as they guide you through the challenges of digital transformation, preparing you to avoid common mistakes and make the most of incredib