Sat.Aug 12, 2017 - Fri.Aug 18, 2017

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An introduction to Design Thinking for Innovation Managers

HYPE Innovation

“Design thinking draws on logic, imagination, intuition and systemic reasoning to explore the possibilities of what could be, and to create desired outcomes that benefit the end user (the customer). A design mind-set is not problem-focused, it’s solution-focused, and action-oriented. It involves both analysis and imagination. Design thinking is linked to an improved future and seeks to build ideas up—unlike critical thinking, which breaks them down.

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4 Reasons Great Leaders Are Not Afraid to Fail

Idea to Value

Many people have an overwhelming fear of failure. This usually stems from societal programming that tells us how negative and even shameful failure is. However, the reality is that failure is a necessary part of life. It is just one step of thousands you will take. It is unreasonable to expect to complete each task in life perfectly on the first attempt.

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Who is the Innovator? Amazon or Kroger?

Braden Kelley

Now, first of all, Kroger is a Cincinnati-based company not a Seattle-based company, so it is only natural that I should hear more about the things Amazon is experimenting with than those of Kroger, owners of a portfolio of grocery … Continue reading →

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Loyalty is no longer enough to both employers and the workforce

Exago

How does the fourth industrial revolution, blurring the real and technological worlds, affect companies and the way they do business? How do companies manage their corporate culture to increase employee engagement? What tools and methods are used to keep employees motivated and engaged? The post Loyalty is no longer enough to both employers and the workforce appeared first on Exago.

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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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Overcoming fixedness before being locked in amber

Jeffrey Phillips

It seems strange to me, after working for over 12 years in innovation, that so many people can view the same set of circumstances and opportunities in so many different ways. Our economy is awash in innovation opportunities, and the opportunities are growing and expanding. There are opportunities to innovate new products and services, of course, but also new channels and new business models.

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FinTech and Machine Learning

IdeaScale

When people talk about machine learning they are a referring to a type of artificial intelligence that has the ability to learn without explicit programming. These programs can grow and change on their own once they know how to learn and some financial companies are beginning to use machine learning for a variety of different reasons. According to Fortune Magazine, some of the top financial technology trends for 2017 are consumer trust, buying behavior, mobile banking, blockchain, cybersecurity,

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Amazon’s Purchase Of Whole Foods Shows Why Every Industry Needs An Ecosystem

Digital Tonto

Every organism eventually dies. In the long term, it is only ecosystems that survive. Related posts: The New Technology Ecosystem That Will Power Small Business. 2014: Year Of The Open Ecosystem. [[ This is a content summary only. Visit my website for full links, other content, and more! ]].

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User-Centered Design is Everyone’s Responsibility: A Launch Checklist

Boxes and Arrows

I cannot count how many large-scale projects my team has been a part of where we’re scrambling last-minute to take care of some seemingly small but integral task necessary for launch. I’ve talked to others in the web design and marketing industry; my team is not alone in this launch frenzy. But does that make this odd ritual okay or even acceptable?

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Open Innovation: How the United Nations is Changing the World by Collaborating with It

Planview

What is the relationship between access to education and access to water sources in the developing world? How does an improvement in one influence the other? How does local rainfall affect child health and nutrition over time? To better understand complex and connected challenges in the developing world, the United Nations (UN) , the international organization tasked with bringing nations together, turned to Spigit to power their open innovation challenge , #SDGInsights.

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Interview with Pam Warren

Destination Innovation

Paul Sloane interviews Pam Warren, speaker and author who became known as the ‘Lady in the Mask’ after receiving terrible burn injuries in the Paddington rail crash in 1999. She is the founder of the Paddington Survivors Group. [link]. The post Interview with Pam Warren appeared first on Destination Innovation.

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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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Happy 8th Birthday Digital Tonto!

Digital Tonto

Some of my favorite posts. Related posts: Happy 7th Birthday Digital Tonto! Happy 3rd Birthday Digital Tonto! Happy 5th Birthday Digital Tonto! Happy Birthday Digital Tonto! Happy 2nd Birthday. [[ This is a content summary only. Visit my website for full links, other content, and more! ]].

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Improve Your Organization with Design Thinking & Change Leadership [podcast]

Innovation Excellence

"How can we improve?" is a conversation taking place at nearly every organization. Innovators and product managers have the right perspective that is needed. They are uniquely equipped to make the move from building better products to building a better organization.

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Turning Big Data into Big Paydays

InnovationManagement

The global technological advancement has been ongoing for many decades now. The ability to generate big data by companies concerning their clientele and customers is an opportunity that to exploit and transform into huge returns on paydays. Venturing into data analytics can form a source of income for many more people globally as big data continues to get more use.

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5 Keys to a Flexible Strategic Planning Process

BrainZooming

Meeting with a client to design a visioning session for its upcoming strategic planning activities, I prepared several pages of options. The possibilities included many different directions we could incorporate within their strategic planning process. The objective of our conversation, at least from my end, was to help them start making decisions about how they wanted an early step in their strategic planning activities to look.

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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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The right time to innovate

IdeaSpies

S uccessful businesses such as Google, Facebook, Apple, Amazon, Airbnb and Uber are rightly lauded for changing and innovating everything from products and processes to underlying business models. They have radically reinvented the nature of business and society. They are truly innovative. “Innovate or die!” business is told as the word disruption becomes a catchcry for companies around the world.

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Organizational Culture: A Competitive Weapon

Daniel Burrus

An organization’s culture is one of its most singular aspects. It’s one of a handful of characteristics that simply can’t be replicated. That poses a specific challenge. If your organization is acquiring or merging with another company, can your culture keep its most important attributes? Yes, but it pays to do your homework in advance to avoid any destructive hiccups—that, and to be open to the possibility that your existing organizational culture doesn’t have to survive in its current form.

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How GE crowdsourced 23 breakthroughs in two weeks

Be-novative

GE Healthcare had a recurring practice of involving their staff to brainstorm new product ideas during their annual Innovation Week but was struggling with the quality of their projects.

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Qmarkets & Amer Sports – An Innovative Partnership that Created Unprecedented Employee Engagement

Qmarkets

From mobile innovation solutions to analog internal marketing, gamification, and employee meeting spaces, read our case study to learn all about Amer Sports' approach to innovation today. Who Are Amer Sports? Amer Sports is a large, international, Nasdaq-Helsinki-listed sporting goods company with both B2B and B2C focus in 34 countries. Founded in 1950, with origins and history in several industries, Amer has a robust background in adapting to new transnational markets and shape-shifting to refo

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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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Find Better Problems Worth Solving with the Customer Forces Canvas

Leanstack

Before you can build the “right” solution for your customers, you must understand the “right” problem. In my first book, Running Lean , I outlined a Problem Interview script for uncovering problems worth solving. In this post, I will present an updated script that improves upon the first. Inspired by the Scientific Method, the search for Problem/Solution fit starts with creating a model — specifically a business model using a Lean Canvas.

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The Innovative Home: Sustainable, Smart, Mainstream

Innovation Excellence

This piece looks at the future between now and 2030, and predicts that the greatest need for innovation is going to be in green and smart construction in both residential and commercial construction. The article offers specific examples of current and future innovations in this area, with the goal of not only a cleaner environment, but better architectural designs in the future. .

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Strategic Thinking: Short-Term Weakness, Long-Term Strength

BrainZooming

We mentioned how frequently we’re being asked to incorporate uncertainty into Brainzooming creativity and strategic thinking presentations. We have considerable content on moving forward amid uncertainty (including the 4 Strategies for Implementing in Uncertain Times eBook), and we’re developing additional strategic thinking pieces on uncertainty and flexibility.

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Comment on Top Blog on Innovation Talent by Henry Morgan

Stephen Shapiro

Interesting approach. As a ‘would love to be’ blogger and someone who kind of works in the sector, I find it interesting how you drilled down the competition on this one.

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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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Complaining isn’t a strategy.

Mike Shipulski

It’s easy to complain about how things are going, especially when they’re not going well. But even with the best intentions, complaining doesn’t move the organization in a new direction. Sometimes people complain to attract attention to an important issue. Sometimes it’s out of frustration, sometimes out of sadness and sometimes out of fear, but it’s never the best mechanism.

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Top 20 Innovation Articles of July 2017

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 July’s twenty most.

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3 Ways to Organize Your Strategic Planning Process

BrainZooming

We think one of the most important decisions during a strategic planning process is how to structure the activities the plan contains. Getting the right structure helps align the proper leadership to engage the organization in successfully implementing the plan. 3 Ways to Organize Your Strategic Planning Process. Three ways you can organize your strategic planning process are based on: Organizational Structure: Present the activities by business lines and departments.

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Innovation at SMEs: a story by Benjamin Ott, T3LGROUP

Rapid Innovation in digital time

Benjamin Ott is a young innovator working at T3LGroup, a French SME who has a long tradition of developing new manufacturing processes, and product applications for office products, and shopfitting equipments.

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Monetizing Analytics Features

Think your customers will pay more for data visualizations in your application? Five years ago, they may have. But today, dashboards and visualizations have become table stakes. Turning analytics into a source of revenue means integrating advanced features in unique, hard-to-steal ways. Download this white paper to discover which features will differentiate your application and maximize the ROI of your analytics.

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5 of America’s Best Innovation Labs

InnovationManagement

The innovation that goes on within American corporations is truly breathtaking. Of course, many of the best innovation labs require the immense resources of powerful companies, but at their heart, these labs all succeed when two components come together: the right people and the right ideas.

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Innovation Culture Starts With YOU, Not Your Boss.

Innovation Excellence

One of the most prominent organizational factors, if not the most prominent one, is autonomy. Studies showed a one-way relationship between autonomy and creativity. Employees need autonomy to be creative. They don't need the autonomy to decide which project to work on, but they must have the autonomy to decide how to execute the project.

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Researchers Devise a Way for AI to Boost Innovation

IdeaConnection

In one giant leap for AI and innovation, researchers at Carnegie Mellon University and the Hebrew University of Jerusalem have come up with a method that allows computers to mine databases of patents, inventions and research papers, to create new products and solve problems. What scientists have done is devise a way for computers to find analogies, that is comparisons between very different methods and problems that have underlying similarities.

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Comment on Turning Failure into Success by Henry Morgan

Stephen Shapiro

Fail often and fail small is fast becoming one of the mantras of modern business. As a company who invest heavily in prototyping I’ve seen with my own eyes that the minimum viable product model actually saves money in the long term. It’s completely changed the way we approach new design work.

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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