Sat.May 07, 2016 - Fri.May 13, 2016

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A Model for Dual Corporate Innovation Management

Tim Kastelle

As reiterated by Tim Kastelle in the previous post , it’s imperative to distinguish discovery from execution when it comes to startup and innovation activities – bearing in mind that both are equally important. This suggests following a dual approach for balanced corporate innovation management. The main objective of dual approaches is to sufficiently separate exploration-/discovery-oriented initiatives from exploitation-/execution-oriented ones (e.g. in terms of used tools and metri

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Short animated film “The Present” which won over 50 awards

Idea to Value

This short, heartwarming animated feature was previously shown at over 180 film festivals and took home over 50 awards. Based on a comic strip , this short film was the graduation project from the Institute of Animation, Visual Effects and Digital Postproduction at the Filmakademie Baden-Wuerttemberg in Ludwigsburg, Germany. Amazingly, it was produced by just 10 people.

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Open innovation and the fight for your audience

Exago

Apple, Lego, Philips, Samsung, IBM, GSK and, most recently, Tata Steel, among many others – all have adopted open innovation initiatives to expand their organisations’ horizons. You’ll likely need to do this, too, since competitive advantages enjoy shorter lives. As. Read More. The post Open innovation and the fight for your audience appeared first on www.exago.com.

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The value of failure in innovation

HYPE Innovation

Accidents will happen – and as far as innovation is concerned, that’s a good thing. Whilst much of our attention is on the focused efforts to bring new ideas to market or to effect process changes in systematic, planned and strategically targeted fashion, there are some times when Fate takes a hand. What might appear to be a failed experiment or a strange but ultimately useless outcome can sometimes turn out to be the basis of a game-changing innovation.

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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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We Need To Stop Searching For The One Magical Thing Can Make A Business Successful

Digital Tonto

Instead of trying to find that magical skill or strategy which will rocket us to the top, we’d be better off preparing ourselves for the rocky road ahead. The only way to truly fail is to stop. [[ This is a content summary only. Visit my website for full links, other content, and more! ]].

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The best ways for fostering innovation in large companies

Idea to Value

I was recently asked to contribute to an expert roundup article by Anthony J James , who was recently voted Linkedin’s Asia Pacific Agency Publisher of the Year. Amongst several other innovation thought leaders, he wanted to know my thoughts on what it takes to get large companies to be more willing to try out disruptive innovations. Here were my answers to his three questions: 1.What’s the best way you’ve seen of fostering disruptive innovation in a large enterprise?

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Best Of The Bonn Forum: Robert Neuhard On “New School” Crowdsourcing

HYPE Innovation

As you’ve probably seen & heard by now, John Bessant’s talk on learning the new innovation game wasn’t the only intellectual delight (+ conversation starter) at this year’s Innovation Managers Forum in Bonn. Robert (Bob) Neuhard, Executive Director for Operational Strategic Initiatives at the University of California, San Diego (UCSD), delivered an equally rich & entertaining presentation on “new school” crowdsourcing or “Leveraging Collective Genius to Deliver Innovations that Advance S

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How Experian Built A Business Around Data

Digital Tonto

By reducing points of friction in the economy through better use of data, Experian sees an enormous business opportunity. Related posts: How Big Data Can Create Real Business Value. 5 Business. [[ This is a content summary only. Visit my website for full links, other content, and more! ]].

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The secret to this government department’s innovation success: Small teams

Idea to Value

Is it possible for government agencies to innovate? Yes, if they use the right people. And in the case of the US Government: a startup mentality. In the video above, Haley Van Dyck outlines how her teams at the United States Digital Service used the skills and techniques of Silicon Valley to effect real change in departments which were in dire need of innovation.

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Intrapreneurship Chicago 2016

Gregg Fraley

In recent years I’ve become a bit anti-conference. I still go to some but I find the formats tired. The formula favors big name authors and speakers who sometimes miss the mark. The agenda is so jammed you don’t have time to talk to your peers. The social events are fun, but a bit… forced. So, you may be surprised when I bend over backwards to promote Intrapreneurship Chicago 2016.

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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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#welovestartups: Oracle startups program by Dominique van Deth

Rapid Innovation in digital time

Currently looking after Oracle France corporate responsibility, Dominique van Deth always thought that companies could have a significant impact on Society. For 5 years, Dominique has been managing startups programs, and he launched in 2014 a structured program to engage volunteers in helping startup grow. I met him at Les Hacktivateurs afterwork, and he kindly accepted to tell us more about Oracle startups program.

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Creating Value is the Future of Work

Be-novative

We are living the days of innovation. Every day paradigms are shifted, new technologies arise and the old ways disappear. Information spreads fast, and powerful movements reach millions of people in just a matter of hours. Sticking to the old ways can literally mean an end to a company. The way we perceive the world around us is shaped differently each day.

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How are chains made?

Idea to Value

You see them everywhere in industry, hauling some of the world’s heaviest loads. But have you ever wondered how metal chains are actually put together? In today’s Curiosity Sparks episode, we’re going to look at how metal chains are produced. Learning new knowledge about how the world works, especially of industries outside of your expertise, has been scientifically shown to help your brain become better at forming new associations between ideas and helping you become more creative.

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Dance Your Challenge

Gregg Fraley

Shake Your Booty. The Creativity and Innovation point of this blog takes about three paragraphs to develop, so business readers, let me tell you a brief story to set it up. I was having dinner this week with Gary Schwartz , a fine actor and improv-er who was blowing through Chicago to promote his new children’s book, The King of Average. Gary studied with a hero of mine, Viola Spolin (he’s the leading expert on her games and methods).

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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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5 Excuses of Companies that Don’t Innovate (And How to Overcome Them)

Moves the Needle

“We’re too big.” “We’re not a startup.” “We’re not ready.” “We have the wrong culture.” “We acquire innovation.”. Although every organization faces unique challenges, we see the same excuses repeatedly why established enterprises can’t do “real” innovation. Here are the top 5 to be aware of and some ideas on how to overcome them. 1. “It’s not my job.” Go ask some of your co-workers who they think is responsible for innovation.

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What This Video Of A Drone Fishing For Tuna Can Teach You About Disruption

Faisal Hoque

Drones and fishing had nothing to do with each other until someone decided they could. Here's what an agile mind-set's made of. The post What This Video Of A Drone Fishing For Tuna Can Teach You About Disruption appeared first on Faisal Hoque :: Entrepreneur | Author.

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Innovation Workshop Lessons – 6 Keys to Facilitating Executive Interviews

BrainZooming

We’ve said it before, experience its confirmation repeatedly, and will thus say it again: One of the best ways to learn more about what you know is to teach it to someone else. The latest confirmation took place this week as we created and presented a new Brainzooming innovation workshop on how to develop insights to fuel innovation. We’re several engagements into a relationship with a client implementing a sweeping innovation initiative across its organization.

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Growth Through Adjacent Markets

Innovation in Practice

Adjacent markets are a great source of sales growth if you can spot them and if you have the right skills to go after them. Let’s look at how you do it. First, let’s understand what we mean by an adjacent market. It’s often confused with the term ‘white space opportunity.’ By adjacent, I mean markets that are close in proximity to what you already do or where you do it.

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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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Six levers for Solving the Corporate Innovation Problem™ – Part 3

Innovation Excellence

In Part 3, we show six levers to change the “system problem” and think this is the way to solve the corporate innovation problem – and ultimately to increase innovation performance.

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Book Review: The Digital Transformation Playbook (3.5/5)

Rmukesh Gupta

There is a lot of talk around Digital Transformation and everyone is exploring what would Digital Transformation mean to different organisation and I have been thinking and writing about it as well. It is in this scenario that i came across this book – The Digital Transformation Playbook , written by David Rogers and my interest was piqued and decided to spend my time reading the book.

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Report Highlights Increased Open Innovation Activity

IdeaConnection

Open innovation is thriving. That’s one of the conclusions of the 2016 State of Innovation Report: Disruptive, Game-Changing Innovation by the Intellectual Property & Science business of Thomson Reuters. This annual study is now in its seventh year and based its findings on research that looked at global intellectual property data. This included worldwide patent application activity and scientific literature publications in 12 technology areas, such as aerospace and defense, automoti

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Using Rapid Prototyping to Build Your Digital Product

Svava

Rapid prototyping can make the difference between creating a successful product or ending up in an endless tunnel of dreams. Creating a prototype will force you to think about the details of your product and how users will use it in the end. A ready to use prototype will allow you to use it and show it to people and get their valuable feedback.

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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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Why Some Movements Succeed And Others Fail

Innovation Excellence

On September 17, 2011, Occupy Wall Street took over Zuccotti Park, in the heart of the financial district in Lower Manhattan. Declaring, “We are the 99%,” they captured the attention of the nation. Within a few months, however, the park was cleared and the protesters went home, achieving little, if anything.

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Are the crowd to be trusted?

100%Open

You’d surely have to have been on an arctic expedition yourself to have missed the recent story regarding the National Environmental Research Council (NERC) and their new £200m state-of-the-art polar research vessel. Every ship needs a name, and rather than name her themselves, the NERC decided instead to hand that privilege to the internet. On March 17th, under the guidance of creative agency BlueStag, they launched a crowdsourcing competition using the hashtag #NameOurShip.

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Comment on The Carrot or Stick? Conventional Wisdom May be Wrong by JOSE ARES

Stephen Shapiro

Personnaly, I believed conventional (ancient, not management theory or gurus) wisdom largely favors the stick. On the other side, theory also warns us that both carrot and stick may be closer related to hygiene factors. So, when deciding between two second-class incentives, it just depends.

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5 Benefits of Crowdsourcing Innovation

Svava

Let’s consider the benefits of open innovation, or what’s more commonly known as crowdsourcing innovation. What is it, you ask? It’s quite literally one of the best ways to gain insight concerning your current and future innovation problems. It’s okay, we all have challenges. We also have the ability to work together to solve problems.

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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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Will Innovation be Responsible for Destroying Jobs and Creating Mass Technological Unemployment?

Innovation Excellence

While some see the technology as a catalyst for good, imbued with the ability to change society for the better and positively navigable in regards to its implementation, others fear the threat of technological unemployment will render human beings obsolete. Is technological unemployment in our future?

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The Book that Harvard Suggested New CEOs Read is Emerging as a Key Reference to All Innovation Teams

BPI Thought Leadership Commentary

Change. Disruption. Agility. Marketing conferences and business media are so dominated by calls for radical new approaches in the digital and data analytics age that there is a temptation to believe that all innovation strategies must also be new. But hang on. Marketing thought leader Ronald Brown is rapidly capturing the attention of leading executives, academics and marketers by reminding.

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Comment on The Carrot or Stick? Conventional Wisdom May be Wrong by Stephen Shapiro

Stephen Shapiro

I guess you are right. Old school was always stick. And you are absolutely right that it depends on the situation and person. For some things I am a carrot person (work) but for other I am a stick person (health). Personal motivation factors are key. Thanks!!

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Who Will Manage Your Digital Assets When You Die?

Daniel Burrus

Not long ago, I was delivering a speech to 4,000 life insurance agents. To make a sale, they have to get a prospect to think about and plan for a future fact: At some unknown point in time they are going to die, and they need to think about how they would want to help their family or those they care most about after they are gone. It’s not a fun subject to think about, but it’s an important one, especially if you have a family.

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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