Sat.Jun 30, 2018 - Fri.Jul 06, 2018

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The Complex Relationship Between Innovation and Risk

IdeaScale

Risk vs. reward can be a hard thing to balance. All of business, it has been argued, boils down to weighing the likely rewards of a decision against the likely risk. The problem with any innovation strategy is that, at some point, innovation runs into this equation. Any innovation, to some degree, is a risk. It’s just a question of weighing that risk against the reward.

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Not All Innovation Looks The Same

Innovation Excellence

I used to believe that in order to be innovative, we all have to innovate the same way, my way. Usually, that involves stepping outside my comfort zone and daring to be fearless. My way of innovating includes getting super uncomfortable and taking big risks. Obviously, since that’s how I tend to innovate, you should.

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5 Things Managers Should Know About Innovation (But Most Don’t)

Digital Tonto

There is no one "true" path to innovation, but there are basic principles that we can apply Related posts: An Innovation Roadmap. Why Best Practices Can Lead To Better Innovation. A New Breed Of. [[ This is a content summary only. Visit my website for full links, other content, and more! ]].

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Situational Awareness (Winter is Coming)

Mike Shipulski

Business and life are all about choosing how you want to allocate your time and money. In life, it’s your personal time and money and in business it’s the company’s. If you’ve ever done any winter hiking, you know that it’s important to know the terrain. If there’s a mountain in the way, you either go over it or around it. But there one thing you can’t do is pretend it’s not there.

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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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Study shows a desire for startups and corporates to work more together by 2025

Idea to Value

According to a recent study by the Unilever Foundation , there is a strong desire for corporations to improve their innovation capability by working more closely with startups. Based on the results of a recent survey of 204 corporate brand managers and 114 startups about how their companies planned to collaborate together, the following results were identified: 80% of corporates believe that startups can have a positive impact on a large company’s approach to innovation. 89% startups believe the

Study 117
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13 Plastic Packaging Alternatives

Innovation Excellence

Why should brands care? Plastics is one of the biggest challenges the world is facing right now. Thanks to David Attenborough’s Blue Planet, consumers are suddenly aware of the thousands of tonnes of plastic filling the ocean. As plastic is so prolifically used, especially in packaging, brands are going to need to act quick to.

More Trending

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The Value of Having A Curators Platform for Innovators

Guide 4 Innovating

I would like to lay out some thoughts on why we should be considering a curation platform for innovation and the value it can bring to a broader innovation community. These are some opening thoughts that I felt needed to just “hang out there” and see where they take me and clearly, you as a reader. The issue I am reflecting upon is our growing concern that we all are living in a world heading towards digital overload, with the risk of it simply overwhelming us, perhaps we are becomin

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The Power of Questions And How To Use It!

Beyond the Obvious

I’ve been fascinated by the power of questions, either good or bad, for my entire professional life. The more I thought about them, the more I began to notice how people used them. I started to see how some people had the innate ability to formulate and pose questions that propelled others to make investigations […].

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In Review: The Charter Hall PropTech Accelerator 2018 | Collective Campus

Collectivecamp

The real estate industry has long been considered a laggard insofar as technology adoption has been concerned with more than 40% of real estate companies still relying on spreadsheets and paper-based processes to manage properties today.

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?Legacy Thinking Is Transforming Us Into Can't Do Guys

Bill Fischer

After so many years of creating electric light, heavier than air flying machines, communications systems that span the world, enormous computer power that fits in our pockets, vaccines that have conquered age-old diseases, gone to the moon, etc., we have become the “can’t do guys”!

System 60
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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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Seeking out new Knowledge that Flows

Guide 4 Innovating

I have been heavily influenced by the great work of John Hagel and Deloitte’s “ Big Shift Index ” as a frame to measure the forces of long-term change. What really holds my attention is “knowledge flows” and they are suggesting we are moving from a world of push to a world of pull. The world is increasingly uncertain and to steer through this we need new ways to access, attract and accumulate understanding.

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I quit my job at Google — you can quit yours too

Board of Innovation

Read More. The post I quit my job at Google — you can quit yours too appeared first on Board of Innovation.

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An Educator's Guide To Implementing Design Thinking | Collective Campus

Collectivecamp

Design thinking is a mindset that empowers children with the ability to think creatively.

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Holacracy: Bringing Innovation to Every Corner of Your Organization

CREATORS

Everyone wants innovate, create new products, cut down costs. But what about an innovation in the way we structure organizations? A survey done by Deloitte in 2015 revealed that only 38% of over 7000 companies surveyed retained a traditional structure. Out of the 38% minority, 92% said organizational redesign was “the top priority.” One proposed alternate business model, adopted by companies such as Zappos, W.

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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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Here’s Why Even Highly Successful Companies Find It Hard To Innovate In New Markets

Innovation Excellence

In 1892, George Eastman formed the Eastman Kodak Company to “make the camera as convenient as a pencil.” It was an idea whose time had come and by the early 20th century, Kodak emerged as one of America’s largest companies and Eastman one of its most successful entrepreneurs. It wasn’t just that one idea that.

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Formula 1 is Crowdsourcing Novel Viewing Experiences

IdeaConnection

Calling all petrol heads. Formula 1 needs your help. The “Tata Communications F1 Innovation Prize” is offering $50,000 to the person who comes up with the best way to improve broadcasts of races and how they are enjoyed by viewers. “We’re giving you, the fans the chance to design your F1 the ultimate user interface using F1’s diverse data points to create your own viewing experience,” commented Ross Brawn, the managing director of Formula 1.

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Six ways to improve innovation through culture change

Wazoku

Based on the Innov8rs webinar on the same topic where Nicola Darke, Customer Success Director at Wazoku, Tim Westall, Co-Founder of April Strategy, and Hans Gillior, Founder of the Goodwind Company, each shared two ways to improve innovation through culture change. You’ve been assigned the grand task of transforming a business and don’t know where to start?

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L’Oreal VP on the Effective Use of Design Thinking in Business

Innovation Leader

Jackson Wang shares his advice on the most effective ways to use design thinking, highlighting lessons from his work as VP of Retail Design at L’Oreal and Procter & Gamble.

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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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Innovation Leaders as White Blood Cells

Innovation Excellence

One of the most important roles of the leader of a creative team is to keep the team separated from the rest of the organization. Just like your immune system separates you from disease. What is the most important trait of the creative team leader? In my research of why people are more creative in startup companies than in.

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A Success Story in Teaching Children Entrepreneurship | Collective Campus

Collectivecamp

Our recent Lemonade Stand program Lemonade Stand brought kids together to develop their entrepreneurial mindset and capabilities.

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Innovation by numbers: Lessons to learn from the CIA and Netflix

Innovation 360 Group

Back in 2011, we were wondering how to develop the first hypothesis in the large and very complex assignments we were undertaking. We decided to look at other trades and industries to see how they approached complex tasks. After some investigation, we heard that the CIA was using something called “grounded theory”; later this turned out to be a vital element in capturing Osama bin Laden.

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Embody the Alternatives

100%Open

One of the most important principles of design and innovation methods that we’ve learned and apply frequently in our work is to prototype different versions of a new idea. This consists of repeated and iterative tests which allow you to learn quickly what works and what doesn’t, to make them better and stronger, or to go back to the drawing board. Here is a great video of prototyping in action, from the 2016 film the Founder showing prototyping in action of the first McDonalds restaurant –

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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 Labs: rapid innovation (3/4)

Innovation Excellence

Did you miss Part One or Part Two? Innovation labs or rapid innovation centers are developing at fast pace. Hereafter, we prolongate the previous review of Innovation Labs, with an industry point of view. Each archetype can inspire the managers in charge of creating an innovation lab, and arm them to compose their own recipe for.

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5 (More) Ways to Redefine Innovation Strategy in Enterprise | Collective Campus

Collectivecamp

In an age where a firm’s innovation strategy can make or break the company, it’s more important than ever for companies to define what it means to innovate. In this article, we cover the strategies and models for business innovation strategy, along with examples.

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The Promise and The Challenge of Automation and AI In The Workplace

Faisal Hoque

An essential part of any future transition requires both left-brained (analytical) and right-brained (creative) talent and culture. Value creation process from Automation and AI is no different. The post The Promise and The Challenge of Automation and AI In The Workplace appeared first on Faisal Hoque :: Entrepreneur | Author.

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Intercontinental Union in a Fragmenting World

100%Open

Open Innovation works best when it’s global – good ideas can come from anywhere. We know this from this year’s 100%Open trips to SE Asia, Australia, North Africa, the Middle East and the Americas. More to come! It’s fair to say that 100%Open has an internationalist outlook. Not just in terms of where our work comes from but in terms of our values.

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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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This May Be the Biggest Mistake an Entrepreneur Can Make

Innovation Excellence

Probability is a wonderful tool but it may also be the surest path to an ordinary life devoid of innovation. History is littered with people who reached for the impossible against odds that where less than zero. Our greatest fear is uncertainty. We will do anything to avoid it, including lying to ourselves and trying.

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How to Think Like a Startup - Keynote at IBM's Symposium | Collective Campus

Collectivecamp

I had the pleasure of attending and speaking at IBM’s annual A/NZ Partner Symposium at Luna Park in Sydney yesterday where the hot topics of innovation, disruption, transformation and startup agility were central to the day’s discussions.

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The Promise and The Challenge of Automation and AI In The Workplace

Faisal Hoque

An essential part of any future transition requires both left-brained (analytical) and right-brained (creative) talent and culture. Value creation process from Automation and AI is no different. The post The Promise and The Challenge of Automation and AI In The Workplace appeared first on Faisal Hoque :: Entrepreneur | Author.

Culture 40
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?Legacy Thinking Is Transforming Us Into 'Can't Do' Guys

Bill Fischer

After so many years of creating electric light, heavier-than-air flying machines, communications systems that span the world, enormous computer power that fits in our pockets, vaccines that have conquered age-old diseases, gone to the moon, etc., we have become the “can’t do guys”!

System 40
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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.