Sat.Mar 10, 2018 - Fri.Mar 16, 2018

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How the 'Not Invented Here' Effect Impacts Innovation Success

HYPE Innovation

Getting past the 'corporate immune system'. Imagine the scene. A warm summer’s day. The tree-lined slopes of gentle hills stretch towards a darker valley below. There’s a river running through it, sparkling water, dappled light through the leaves. Now place a party of schoolboys there, shipped out from the nearby town – lucky kids from well-off families, enjoying the fun of summer camp.

System 197
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Innovators in FMCG love Direct to Consumer

Destination Innovation

In 2010 the Gillette brand which is owned by Proctor and Gamble held 70% of the US market for razors. It boasted continuous innovation in product design and enjoyed a gross margin of around 60%. Its market share has now slid to around 50%. It has suffered at the hands of two aggressive start-up companies which went direct to consumer (DTC). They are Harry’s and Dollar Shave Club.

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How the best Human Resource leaders make the most of innovation management

Exago

With innovation management capturing rising interest from human resource managers and directors, Exago’s team took part in the Expo’RH2018 in Estoril, Portugal, to discuss the latest news and trends in the sector. The event organised by the International Faculty for Executives gathered hundreds of HR directors from leading companies such as Nestlé, Ageas, Pfizer, Renova and McDonald’s, under the motto “Experience is the way”, on March 14 and 15.

Resources 167
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What Makes an Organization Innovative?

IdeaScale

Is your organization innovative? We’d likely all think ‘yes’ without hesitation. But in truth, what makes an organization an innovator, whether it’s a non-profit attacking a problem from new angles or a private company looking for a leg up on its competitors, is more than a question; it’s a set of skills to be cultivated, from the team in the trenches to the leaders at the top.

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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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There are Knowns and Unknowns in Innovation: Let’s Manage Them Differently

Paul Hobcraft

This quote is from the former U.S. Secretary of Defense Donald Henry Rumsfeld, who mentioned: “unknown unknowns” (Rumsfeld, 2002). Since then, people have started using quadrants of knowledge, i.e., known known, known unknown, unknown known, and unknown unknown, to understand and explain the nature of risk but also of leading to an opportunity. For innovators so much of innovation is hard to detect, it needs discovery and working through these quadrants of knowledge as well.

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Building an Innovation and Insights Group from Scratch

Braden Kelley

Many of you reading this have created or operated innovation or insights programs for organizations of a variety of sizes, or are curious about how to go about it.

Groups 138

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How to Boost Innovation by Recycling Existing Ideas

IdeaScale

When it comes to innovation, businesses can often find it seemingly impossible to generate completely new ideas. In these early stages of product development, it can sometimes seem like all of the good ideas have already been taken. However, maybe we don’t need completely new ideas; simply a reinvention of an old classic. Mark Twain famously said in his autobiography ‘Chapters From The North’ that; “There is no such thing as a new idea.

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The Silver Bullet Myth

Digital Tonto

All generalizations are false, including this one Related posts: Don’t Bet On Someone Else’s Success Story. The Bureaucracy Myth. The Myth Of The Moron CEO. The Big Idea Myth. Here’s Why Your. [[ This is a content summary only. Visit my website for full links, other content, and more! ]].

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Embrace Today’s Crisis to Heal a Professional Rift

BrainZooming

I was talking with an executive about the dramatic changes going on in her organization. Everything is maxed out: expectations, pressure, stress, timelines. The whole nine. In the midst of it, two leaders who experienced a serious professional rift a number of years ago are simultaneously thrust into the center of today’s crisis. They are readjusting their roles, as they’re now required to always be on the same page publicly.

eBook 78
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Announcing the startups in the Village Xperience (VR/AR) Accelerator Program! | Collective Campus

Collectivecamp

Collective Campus is pleased to announce the startups that have been selected as part of the inaugural VR/AR accelerator program with Village Roadshow and Microsoft.

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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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IM Award Lessons: Know Your Innovation Audience

IdeaScale

This year, Amway won the Innovation Management award for best innovation engagement strategy. They won this award, because of the global reach of their community and their tactics for bringing people on board (including creating cool videos like this one ). So we asked Amway a few questions about their program and here’s what they had to say: IdeaScale : Why is innovation vital to your organization?

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The doom of multitasking: don’t force your employees into it

InnovationManagement

Did you know that you’re multitasking at least several times a day? That’s right! It’s enough if you cook, listen to music, and check your Facebook at the same time. Fortunately, it’s not fatal.

Culture 71
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Pivotal Innovation Management: The Past, Present, and Future of 180° Business Changes

Qmarkets

With so much disruptive innovation happening so fast, it has become less and less rare for companies to be formed around a service or product that defines them for their lifetime. In almost every industry, the possibility of pivoting or even shifting the entire business model has become more real and mainstream. As increased consumer awareness transforms markets and government policy, and as technology creates so many unexpected shortcuts, I believe that this trend will only continue in the futu

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The Eight Pillars of Innovation

Innovation Excellence

Recent years have seen the unprecedented progression of digital advances, with artificial intelligence and virtual reality making the stuff of science fiction movies not quite as unrealistic as previously thought. Combine this with a new generation of employees and consumers harbouring fresh expectations and it is easy to understand why innovation is enjoying a renewed.

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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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Taking advantage of free publicity

IdeaSpies

When social media was starting to become popular free publicity was freely available. Many online businesses spread awareness by growing followers, particularly on Facebook. More recently Facebook has been taking advantage of its market leading position by charging businesses to reach their followers. This has led to the need to find other ways of getting free publicity.

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7 Innovative Approaches to Educating Your Team

InnovationManagement

Innovation can’t happen without education and inspiration. Stagnation is the absence of creativity, and far too many teams aren’t using education as a way to keep the fresh and creative ideas flowing.

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PBTO S2E7: Fusion – How Integrating Brand and Culture Powers the World’s Greatest Companies with Denise Lee Yohn

Rmukesh Gupta

Who is on the show: In this episode, we host Denise Lee Yohn. She is a best selling author, keynote speaker and the leading authority on building great brands and exceptional organizations. Why is she on the show: Her book “Fusion” comes out today in which she shares her insights on the importance of bringing organisational culture & the power of branding together to create an organisation that can become a powerhouse of a business.

Culture 64
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Innovation Circle Night with Magnus Penker in Singapore 

Innovation 360

Innovation Circle in Singapore. MAGNUS PENKER, Founder & CEO of Innovation360. Innovation Strategy for Sustainable Profits and Growth in the 4th Industrial Revolution. Innovation 360 Group and Heluo Institute Singapore proudly invite you to attend our insightful event on how to succeed at innovation with global experts in the field. Magnus Penker, CEO of Innovation360, has helped countless business leaders and organizations think differently and co-create a better future.

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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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DIY PR 101 - Bootstrapping your own communications

IdeaSpies

Freelancer's Liam Fitzpatrick explains how to get your startup in the media: You’ve got a great business, but no one knows about it. Time to get yourself noticed. And sites like Ideas Spies are always on the hunt for people doing new and interesting things. So how do you go about it? ‘Be interesting and interested’ A former boss of mine had a phrase for most scenarios.

Trends 57
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How to Build an Innovation and Insights Group from Scratch

Innovation Excellence

Many of you reading this have created or operated innovation or insights programs for organizations of a variety of sizes, or are curious about how to go about it. Operating an innovation program or leading an insights group is definitely much different than creating one. In some ways it is easier, because things are already.

Groups 58
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New Consulting: Showing, not telling

Dawid

credit: designthinking.co.nz In the new world of consulting (the one that includes accepting the fact that it’s impossible to know what will be successful or not (90% of startups fail), the one that accepts experimentation as testing over a business case, the one that treats each failed experiment as data, the one where action and context are king) we accept that in almost every case, doing something is better than just talking about it.

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Beyond the Killer Idea

Beyond the Obvious

I’ve been able to succeed because I’ve generated a system that guides me past the obvious ideas and straight toward the killer idea. I also have the confidence to push for my ideas and make sure they get a chance to prove themselves. So, if you find yourself with a killer idea, but are lacking […].

System 57
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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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Life outside the box

IdeaSpies

Among the gadgets in the kitchen the knife appears as the most simple tool. It is not as flashy as the electronic machines that make kitchen tasks so much lighter. Yet it is unimaginable to have a kitchen without this unassuming knife. Actually, scientists consider this humble tool as the first machine of the mechanical evolution. Thanks to the creative capacity of our ancestors.

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Innovation Sighting: Task Unification in Samsung’s New Smart TV

Innovation in Practice

Imagine no longer deliberating between trendy art, your favorite photos, or the nonnegotiable family TV for your prominent living room wall. Samsung’s new 2018 QLED TVs are designed to end that dilemma and serve a two-in-one purpose: endless entertainment and personalized décor. And it turns out, Samsung’s newest design is a great example of the innovation template called Task Unification.

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3 Reasons Children are More Creative Than Adults

Innovation Excellence

The factor that affects team productivity and creativity is the ability to conduct constructive conflict. In turn, three other factors that affect that ability, which are strong in children, and disappears when they reach adulthood and the work environment. Natural selection For a team to be creative, members must get along. This cannot be forced by management, and if it is–it.

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Apathy, Ambivalence and Annoyance in co-creation and gamification

Norbert Bol

In this Strategy Blog I follow up on the topic of gamification. Specifically where potential users do not engage, because of their apathy, ambivalence or annoyance. In a different context these three issues were recently discussed by Malshe & Friend (2018) in the Journal of the Academy of Marketing Science. They discussed apathy, ambivalence and annoyance in relation to co-creation.

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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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Inspiring action by sharing a clever idea

IdeaSpies

The purpose of IdeaSpies is to inspire action by sharing clever ideas and this story is a perfect example of how this can happen. Our son told me about rain gardens being installed by the City of Sydney Council. These self-watering gardens are often installed when new traffic public works improvements are made to the City’s streets. They are typically at street corners in the space where cars cannot park, and they replace what was once asphalt road pavement.

Course 57
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Increasing Experimentation and Autonomy Capability: The New Corporate Innovation Imperative

InnovationManagement

In the past 12 months, there has been a concerted push to foster a more experimental and autonomous workforce within mature, corporate organizations. This is impacting how innovation professionals operate, drive value, and ultimately succeed in their own careers.

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3 Technologies You Need To Start Paying Attention To Right Now

Innovation Excellence

At any given time, a technology or two captures the zeitgeist. A few years ago it was social media and mobile that everybody was talking about. These days it’s machine learning and block chain. Everywhere you look, consulting firms are issuing reports, conferences are being held and new “experts” are being anointed.

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Warren Buffett Is Loading Up On Apple – Why You Should Not

Adam Hartung

In February, Berkshire Hathaway revealed it had dumped its IBM position. Good riddance to a stock that has gone down for 5 years while the S&P went up! What did Buffett do with the money? He loaded up on Apple – making that high-flyer Berkshire’s #1 holding. So, one could say the smart thing to […].

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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.