Sat.Nov 16, 2019 - Fri.Nov 22, 2019

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How Companies Should Manage Their Innovation Portfolios

Strategyzer Innovation

The leadership challenge for today’s companies is managing innovation in the context of their current business. This article will illustrate innovation management best practice through a case study with original data from the German company Bayer.

Company 54
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Trying Painstorming Before Creative Problem Solving

BrainZooming

In business, you’re usually equal parts discovering problems AND using creative problem solving to address the issues. Yet, a client approached us to design and conduct a cross-operation innovation strategy engagement focused solely on identifying problems. They wanted to leave the creative problem solving for later. The innovation opportunity in this example?

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Five Perspectives of Innovation Management Maturity

InnovationManagement

The success of innovation management is never an accident; it’s a holistic management process with an iterative thought-out planning and execution continuum. The post Five Perspectives of Innovation Management Maturity appeared first on Innovation Management.

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Why Business Strategy Shouldn’t Be “Scientific”

Digital Tonto

The truth is that strategy can never be scientific, because the business context is always evolving. Even if you have the right strategy today, it may not be the right strategy for tomorrow. Changes. [[ This is a content summary only. Visit my website for full links, other content, and more! ]].

Strategy 109
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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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15 Things Leaders should Not Do – if they want Innovation.

Destination Innovation

We hear plenty of advice for leaders on what they should do to drive entrepreneurship and innovation in their organizations. It might be smarter to just stop making some of the common mistakes which inhibit innovation. Here is a list of things that leaders should definitely not do. Do not encourage people to contribute ideas unless you mean to act on them.

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Fostering Innovation for a Distributed Workforce

IdeaScale

Distributed workforces will be more and more common. Flexible working, telecommuting, working from home, distributed working… no matter what you call it at your company, it offers a host of advantages. Teams are more focused, better able to balance life’s many demands, and generally happier. What impact does it have on innovation with a workforce attending a meeting via video chat instead of in person?

Video 113

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Focusing on Innovation for our Energy Transition we are all undertaking

Paul Hobcraft

When you are undertaking such a transformation in any system like energy, innovation becomes vital to inject new forces of dynamism and creative thinking to tackling such a change. The energy transition that the world is undertaking is one of the most critical areas where innovation needs to be at its very best, that top of the game to make the level of change necessary.

System 180
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Innovation is a Lifestyle, Not a Bunch of Metrics

Innovation Excellence

Far too many supposed innovation experts believe that measuring activities is critical to success. Maybe. Maybe not so much. At least for the big stuff. Innovation activities simply for the sake of doing something without context and insight from the measure may be in fact very misleading.

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What I Learned by Leaving Toyota

Kainexus

Our 2019 KaiNexicon event in Austin was a tremendous success, thanks to all of our fabulous participants and speakers. Lots of valuable information was shared, and long-term connections formed. The event kicked off with a Keynote from Jess Orr of WestRock Company. This post is a recap of her presentation. We invite you to watch the video as well. Jess Orr is a continuous improvement manager with over 12 years of experience working in a variety of industries.

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Best Practices for Internal Crowdsourcing: Lessons Learned from NASA

IdeaScale

Learn innovation and crowdsourcing strategy from NASA. Do you want to know the secrets for success through internal crowdsourcing and innovation storytelling? NASA’s Center of Excellence for Collaborative Innovation — a crowdsourcing platform — unveiled their best practices for approaches to problem-solving on a recent webinar in a move to share what they’ve learned to help others.

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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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12 years of Exago, in numbers!

Exago

Today, we're celebrating 12 years of bringing innovation together. Instead of sharing what we have achieved in that time, we take a look at some rather different numbers behind the Exago scenes. The post 12 years of Exago, in numbers! appeared first on Exago.

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S3E46: Max McKeown – The Innovator’s Gap

Idea to Value

In today’s episode of the Idea to Value Podcast, I speak with Dr. Max McKeown about his new book, The Innovator’s Book. We spoke about the need to write this book in a different way to the method-heavy textbooks which often are left on shelves and never read. It is a beautifully written, concise book that I managed to get through in less than two hours, filled with insights on the main jobs which an innovator needs to perform.

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Fairness, Trust, and Innovation Culture

Innovation Excellence

As noted in previous articles (You don’t have an Innovation Problem, You Have a Trust Problem! Part 1, Part 2, Part 3), trust is the foundation for a culture of innovation, and a culture of innovation is the foundation for innovation and the financial results from it. In this article, I will address one of.

Culture 118
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The Power of Optimism, Curiosity, and Resilience: A Talk with Dr. Navin Kunde

IdeaScale

Innovation is borne of discovery. Innovation is an invention brought to life. It’s making the world better, more useful. That’s innovation strategy, summed up by Dr. Navin Kunde, leader of the Clorox Open Innovation Group. An engineer, professor, and business school graduate, Kunde has some great advice for members of innovation leadership teams. Curiosity and Humility.

Data 124
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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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Leveraging technology to improve workplace fitness!

IdeaSpies

Based on a Roy Morgan study, 1 million people in Australia play table tennis - many of them at their workplace. This comes at li.

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How Eco-Friendly Businesses Can Improve Their Online Marketing Efforts

InnovationManagement

Eco-friendly businesses are gaining popularity among consumers who value companies that promote sustainability and corporate responsibility. However, the problem facing a lot of these companies is reaching potential customers who aren’t actively seeking out environmentally conscious businesses. The post How Eco-Friendly Businesses Can Improve Their Online Marketing Efforts appeared first on Innovation Management.

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The Intrapreneurs’ Factory

Rapid Innovation in digital time

The intrapreneurs' factory is a practical guide for corporate managers and intrapreneurs, which takes you through 10 shrewd steps to build a program for intrapreneurs, and let you discover over 20 exemplary intrapreneurs stories.

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Dare to Think Differently

Innovation Excellence

As many of my colleagues are aware, I am at heart, a maverick, an unorthodox or independent-minded person. Who is curious and inquisitive, and finds change and challenging the status quo exciting, fascinating and stimulating. I am also, considered, by some, as a misfit, someone whose behaviours and attitudes sets them apart from others in.

Change 87
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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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How to Ask for Help and Get It

Tullio Siragusa

How to Ask for Help and Get It. Asking for help is an important aspect of personal growth. Everyone faces challenges at some point in their life. One of the purposes for developing human connections, and relationships is to help and support each other through our collective life journey. To strive for total independence is to strive for isolation. Too often we tout autonomy as this extraordinary thing to strive for, but it’s not reasonable or even attractive to achieve it; that’s not how we are

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Robotic Process Automation: what changes with the automation process

mjvinnovation

These activities can include queries, calculations, and record and transaction maintenance. But this quick explanation is too brief to understand the revolutionary power of RPA. So read on and see examples of how Robotic Process Automation work, and what advantages companies can get from them. Robotic Process Automation: the concept . Robotic Process Automation (RPA) is a technology application governed by business logic and structured inputs, which aims to automate business processes.

Change 75
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How to integrate pricing into a Design Sprint

InnovationTraining.org

Companies pour billions of dollars into designing and building products and services, yet frequently struggle to monetize them. 72% of innovations fail to meet their financial targets or fail entirely. Price is such an integral part of product design yet is often overlooked until an MVP has been fully formed and perhaps even road-tested. Organisations posing the ‘How much will customers be willing to pay’ question too late in the product development journey have come to accept the resulting fail

Design 81
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Ridiculous Deal on Co-Founder Braden Kelley’s Latest Book

Innovation Excellence

Every so often something comes through your inbox that seems too good to be true. Today was one of those times when an email dropped into my inbox stating that Palgrave Macmillan, the publisher of my latest book Charting Change is offering it at a ridiculous Cyber Week Sale price of $9.99 on the USA.

Change 85
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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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The Importance and Benefits of Ensuring Data Quality

Acuvate

In 2017, The Economist reported that data is the oil of the digital era and has dethroned oil as the most valuable resource in the world. But unlike oil, extracting, maneuvering, filtering, refining and storing the continuous stream of data from various internal and external sources is a herculean task. But organisations which have focused and achieved high data quality to a degree have benefited in the highly competitive markets.

Data 72
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University Education - A New Model for a New Era

IdeaSpies

There are more than one million students enrolled in Australian Universities. The majority of these are undergraduate students chasing the dream of a better life. They have enrolled because they believe that if they graduate from University then meaningful employment will shortly follow. They believe this because it is an ingrained cultural narrative that if you go to University you will get a better job.

Trends 65
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So Much Data, So Little Time. Until Now.

Daniel Burrus

In a way, the exponential growth of machine-to-machine communications with connected sensors, or what is called the Internet of Things (IoT), has become an example of too much of a good thing. IoT facilitating communication among connected machines, devices and sensors, creates data at levels never seen before, in volumes that are growing at such a rate that organizations and government agencies will have massive problems analyzing and using in an optimal way.

Data 64
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Here’s What Most People Get Wrong About Minimum Viable Products

Innovation Excellence

Ever since Eric Reis published his bestselling book, The Lean Startup, the idea of a minimum viable product (MVP) has captured the imagination of entrepreneurs and product developers everywhere. The idea of testing products faster and cheaper has an intuitive logic that simply can’t be denied. Yet what is often missed is that a minimum.

LEAN 72
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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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Persist Like a Zen Mushroom Hunter

Gregg Fraley

Lessons a Forager Can Lend Business. Relax, Stay Hopeful, Keep Looking. I’m a mushroom hunter. I wander the woods foraging, especially in the fall season. Southwest Michigan has a lot of edible varieties but there is one particular delicacy I love. It’s called a Hen-of-the-Woods. It’s a unique shape, something like a cauliflower, and about that size or larger.

Project 62
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A keynote address about ideas

IdeaSpies

I wanted to share my recent keynote address to the students at the University of Canberra's Smart Ideas Awards and Accolades event. It contains a lot of my thoughts and what is driving me to build the World Idea Day movement. p.p1 {margin: 0.0px 0.0px 38.4px 0.0px; font: 16.0px Times; color: #000000; color: rgba(0, 0, 0, 0.75); background-color: #ffffff} p.p2 {margin: 0.0px 0.0px 0.0px 0.0px; text-align: center; font: 16.0px Georgia; color: #000000; color: rgba(0, 0, 0, 0.75); background-color:

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Delivering innovative outcomes means becoming a dynamic organisation

Cris Beswick

So, you think you’ve got a dynamic organisation which is actively delivering change? Congratulations, that means you sit firmly with the other 84.9% of executives who recognise that innovation is very important in delivering strong outcomes [1] and you’re certainly not one of the 72% of executives who admit that they are not out innovating … Continued.

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The Innovation Mandate

Innovation Excellence

Recently I had the opportunity to interview Nicholas Webb, a world-renowned Business Strategist, Bestselling Author and Futurist about his new book The Innovation Mandate: The Growth Secrets of the Best Organizations in the World. As an Inventor, Nicholas invented one of the first wearable technologies, and one of the world’s smallest medical implants.

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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