Destination Innovation
OCTOBER 30, 2017
Large organisations tend to treat major new product developments as serious projects which require serious resources. They use project planning tools and stage gate processes. However, despite all of the management science the large majority of new products fail – certainly in the fast moving consumer goods sector. So maybe corporations should copy some of the ideas and methods used by tiny start-ups.
Exago
NOVEMBER 2, 2017
In a weak growth environment, with low investments and rising risks, companies gamble on cost-cutting to ensure that they are prepared and equipped to grow stronger, as they wait for better times to come. Yet, cost-cutting is more and more seen as a way to drive growth, rather than as way to survive or avoid insolvency. The post How strategic cost-cutting helps you shift from survival to growth appeared first on Exago.
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IdeaScale
NOVEMBER 2, 2017
What do you see, in the world around you? In 1602, Galileo Galilei noticed the swinging of a chandelier after it had been lit. It seemed that, regardless of what angle the chandelier swung, the period – that is, the time it took to complete a swing – remained constant, something he confirmed using his pulse to time it. Galileo theorized that this pendulum motion could be used to create more precise timepieces.
Digital Tonto
OCTOBER 29, 2017
Consolidation is always a sign of weakness and only hastens an industry's demise Related posts: This Is How Your Business Will Be Disrupted. How Ad Agencies Can Avoid A Death Spiral. Amazon’s. [[ This is a content summary only. Visit my website for full links, other content, and more! ]].
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.
Collective Campus
OCTOBER 30, 2017
Managers are incentivised to deliver on an existing, repeatable business model, not to help discover new ones. So how do we incentivise them to innovate without sacrificing the core business model which is, after all, where we make money today?
InnovationManagement
OCTOBER 31, 2017
Humans have been incredible innovators since the beginning of our history. Each new invention laid the groundwork for more sophisticated technology, more advanced cultural practices, and more impressive innovations. We often take the things we have for granted, but it’s important to remember that not so very long ago, great minds were working on innovations that would change the world and make our lives easier, safer, and more comfortable.
Business Innovation Brief brings together the best content for business innovation and strategy professionals from the widest variety of industry thought leaders.
Digital Tonto
NOVEMBER 1, 2017
We need to treat innovation differently than we do normal operations Related posts: Apple’s Innovation Problem. 4 Types of Innovation (and how to approach them). Here’s Why Your Innovation Strategy. [[ This is a content summary only. Visit my website for full links, other content, and more! ]].
BrainZooming
NOVEMBER 2, 2017
I’m in Las Vegas this week, speaking at the Specialty Equipment Market Association show in Las Vegas. There are 60,000+ attendees and exhibitors. This is my third year speaking during the educational sessions. Last year, I brought one attendee up with me on the stage and had the entire group help come up with ideas for the retail store she represented.
Boxes and Arrows
OCTOBER 31, 2017
Like a superhero created when the contents of two beakers accidentally combine, a powerful hybrid has emerged in the software development world: the user champion. In this origin story, the beakers would be labeled “agile” and “user experience (UX)” because the user champion borrows some of the best ideas from both disciplines. From agile, it takes the idea of the product owner (or in this case, product champion).
IdeaScale
OCTOBER 31, 2017
I f you have had trouble implementing ideas, please know that you are not alone. Implementation is a challenge shared by all innovation managers. But with a clearly defined process, you will be well on your way to making ideas a reality. In order to convert ideas into action and action into results, we need two things: A decision to take action. And follow-through on the decision to deliver results.
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.
Innovation Excellence
OCTOBER 29, 2017
The more strategy development work I do with organizations, the more I’m becoming aware of a prevalent pattern, a pattern which I find counterproductive, even detrimental. It concerns the starting point for their strategy work: in nearly every case, they begin with convergent thinking, the polar opposite of divergent thinking, which I believe is the.
Collective Campus
OCTOBER 30, 2017
Large organisations apply the same metrics and evaluation criteria on potentially disruptive, risky, ‘out of the box’ innovation as they do for incremental improvements and business as usual investment decisions. Clearly this makes no sense.
Collectivecamp
OCTOBER 30, 2017
Design Thinking is a buzz phrase that has been thrown around companies for many years now. But how is Design Thinking any different from the way companies have always approached problem solving?
Innovation 360 Group
OCTOBER 29, 2017
Innovations are infinite, even within a finite market. However, not all innovations start with the same chance at a fully productive lifecycle. Innovations that survive are most often those that are supported by an organizational culture that plans innovation strategically and maintains a portfolio of ideas that function well in relation to each other.
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.
Innovation Excellence
NOVEMBER 1, 2017
We aren’t all child geniuses turned mega entrepreneurs, but there are 3 things that as fellow innovators, we can learn from Elon Musk. He epitomises thinking big.
Collective Campus
OCTOBER 30, 2017
How do you go about finding and hiring such applicants when your company insists on candidates meeting criteria such as being a certified accountant which tends not to lend itself to right-brained, creative thinking.
Collectivecamp
OCTOBER 30, 2017
We’ve come a long way from the humble suggestion box and top down decision making long synonymous with corporate innovation. Today, more and more companies are sourcing ideas from not only the entire workforce but also getting outside their building and engaging partners, customers and members of the general public.
Mike Shipulski
NOVEMBER 1, 2017
There’s one good way to change behavior. But don’t take my word for it, take Daniel Kahneman’s, psychologist who was awarded the Nobel Prize in Economic Sciences. In Freakonomics Radio’s podcast How to Launch a Behavioral Change Revolution , Kahneman explains how to achieve change in behavior. His explanation is short [30:35 – 35:21] and good.
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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
Innovation Excellence
NOVEMBER 1, 2017
Is there any word more fundamental to the modern business lexicon than ‘innovation’? To say that it forms an important part of enterprise is probably an understatement. If we take renowned researcher John Seeley Brown’s definition, the very nature of doing business is an act of innovation: that is, innovation is invention — of any.
Collective Campus
OCTOBER 30, 2017
Hackathons (or innovation bootcamps) are a great way to bring together teams with the common goal of quickly solving problems, building prototypes and validating market appetite. This not only helps teams test many ideas quickly to find out what works but also saves them by avoiding the trap of committing millions to building the wrong thing.
Collectivecamp
OCTOBER 30, 2017
Large companies faced with the imminent threat of disruption posed by technologies such as cloud and mobile are having to reassess their place in the business landscape. Corporates need to figure out how to stay relevant not just in today’s ultra-competitive environment but also well into the future, to avoid having their bottom lines wither away.
Planview
NOVEMBER 2, 2017
Every organizational culture (and sub-culture) has its own nuances — some of which may hold keys to getting your crowd to give you their best thinking. Understanding these nuances will help you formulate the right questions to ask when it comes to tapping into the collective intelligence of employees. Asking the right question is the difference between generating valuable ideas that impact business objectives and ideas that don’t move the needle.
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
Innovation Excellence
NOVEMBER 3, 2017
Effectiveness is doing the right things, efficiency is doing things right. Innovation efficiency is simply the output produced from the resource invested. Increasing the former while reducing the latter increases efficiency.
Collective Campus
OCTOBER 30, 2017
Leaders are realising the importance of culture in enabling innovation but at the same time innovation blockers are still prevalent within organisations. Here are five key factors blocking corporates from innovating.
Collectivecamp
OCTOBER 30, 2017
Exploring disruptive innovation is anything but procedure, certainty, safety and achieving quarterly KPIs. As such, it does not present decision makers with an obvious green light to invest.
Qmarkets
NOVEMBER 3, 2017
The innovator’s dilemma, across industries, is that in order to become great, a company has to do many things right. It must listen to its customers, direct its investments to the highest-return opportunities, improve the quality of its products, manage its relationships with suppliers, correctly assess and cope with competitive threats, all amongst many other time and resource consuming activities.
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Innovation Excellence
OCTOBER 31, 2017
New-born enterprises have limited funds and limited time – if the funds run out before the product is proven they die. So the basic philosophy of the start-up entrepreneur is risk mitigation. Here are some other key precepts.
Collective Campus
OCTOBER 30, 2017
With 65% of the Australian economy facing significant disruption, it’s predominantly a case of out with the old and in with the new. And it’s paving the way for disruptive education models.
Collectivecamp
OCTOBER 30, 2017
Corporate innovation programs are growing in popularity as more and more industry incumbents come face to face with the realities posed by disruptive innovators.
Planview
NOVEMBER 2, 2017
Every organizational culture (and sub-culture) has its own nuances — some of which may hold keys to getting your crowd to give you their best thinking. Understanding these nuances will help you formulate the right questions to ask when it comes to tapping into the collective intelligence of employees. Asking the right question is the difference between generating valuable ideas that impact business objectives and ideas that don’t move the needle.
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“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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