Sat.Nov 28, 2020 - Fri.Dec 04, 2020

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NASA’s Work to Fight COVID-19

IdeaScale

The COVID-19 pandemic has forced organizations to take a different approach to how businesses are run. Innovation management has taken priority as business leaders scramble to find new ways of providing relief and assistance. Technology is a critical part of all businesses but is now one of the highest accelerating business trends in the market. As seen … Continued.

Trends 130
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"Lean Thinking" and the 5 Principles of Lean Manufacturing

Kainexus

James Womack and Dan Jones are the founders of the Lean Enterprise Institute and the Lean Enterprise Academy (UK), respectively. Their book, Lean Thinking: Banish Waste and Create Wealth in Your Corporation , is considered by some to be the bible of Lean manufacturing. It was originally published in 1996 based on their in-depth study of Toyota’s fabled Toyota Production System (TPS).

LEAN 76
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Strictly for English Grammar Nerds

Destination Innovation

An Oxford comma walks into a bar where it spends the evening watching the television, getting drunk, and smoking cigars. A dangling participle walks into a bar. Enjoying a cocktail and chatting with the bartender, the evening passes pleasantly. A bar was walked into by the passive voice. An oxymoron walked into a bar, and the silence was deafening. Two quotation marks walk into a “bar.”.

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Building our understanding of the factory of the future

Paul Hobcraft

Siemens Digital Enterprise SPS Dialog Results. Last week, Siemens had a really valuable virtual event called their “ Digital Enterprise SPS Dialog “ Those that missed it you can watch previous sessions on-demand at any time via “Recordings”. They provided an outstanding virtual showroom packed full of innovations, product presentations and use cases are exhibited in an exciting real 3D environment.

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Turn Payments Into Personalization: Unlock the Value of Transaction Data

Speaker: Loreal Lynch, Everett Zufelt, and Michaela Weber

Once upon a time, in the vast realm of online commerce, there lived a humble checkout button overlooked by many. Yet, within its humble click lay the power to transform a mere visitor into a loyal customer. 🧐 💡 Getting checkout right can mark the difference between a successful sale and an abandoned cart, yet many businesses fail to make payments a part of their commerce strategy even when it has a direct impact on revenue.

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Podcast S4E89: Brant Cooper – The 5E Model of Innovation

Idea to Value

In today’s episode of the Idea to Value podcast, we speak with Brant Cooper, Founder of Moves the Needle. We wrote the first book on the Lean Startup method, The Lean Entrepreneur, and we speak about Lean Innovation and dealing with Uncertainty. Topics covered in this episode: 00:04:00 – The 5E Model of Disruption Poetry. 00:06:00 – Everybody needs to balance execution work with exploration work. 00:09:00 – Teams need to be agile. 00:12:30 – How to measure and impro

LEAN 186
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Innovation Isn’t Just About What You Know, It’s About Who You Talk To

Digital Tonto

The best innovators are not necessarily the smartest or even the hardest working, but those who actively build up a strong network of collaborators. What’s becoming clear is that collaboration is. [[ This is a content summary only. Visit my website for full links, other content, and more! ]].

More Trending

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How Have Organizations Approached Changed Management with COVID-19?

IdeaScale

The COVID-19 pandemic has revealed the preparedness of some organizations to deal with change. Other companies, however, are struggling to find new ways of doing business in a constantly shifting landscape. Here’s what we have learned about the response over the past six months. Combatting COVID-19 calls for change management. It requires obtaining business continuity … Continued.

Change 130
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The Pandemic Pivot: The Need for Product, Service and Business Model Innovation

InnovationManagement

The pandemic and economic depression the world faces is a dark period for all businesses, but there are also opportunities. The companies that see the opportunities, and pivot to exploit them, will succeed, while those that fail to innovate will fade away. The post The Pandemic Pivot: The Need for Product, Service and Business Model Innovation appeared first on InnovationManagement.

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Testing Business Ideas: 4 most common tests to get you started

Strategyzer Innovation

Great innovation teams are able to gain momentum and build up stronger evidence over time with a series of experiments. In this blog post, we share one four-step example of how to execute and analyze multiple experiments in order to increase the strength of your evidence.

Examples 121
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6 Giant Companies That Nearly Flopped

Entrepreneur - Innovation

Apple, Google, Tesla, and more were not obvious winners at first. Here's what nearly took them down.

Company 145
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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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Innovation in the Drive for a Coronavirus Vaccine

IdeaScale

The novel coronavirus (COVID-19) pandemic and impacts from attempts to manage it have brought forth some stunning creativity and scientific work. However, to move the world forward from the pandemic will require an innovation strategy in vaccines and medical science. Here are some fascinating steps forward as we find that way. Scientific Innovation By far, … Continued.

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How Is Machine Learning Revolutionizing Supply Chain Management

Acuvate

How Is Machine Learning Revolutionizing Supply Chain Management Supply chain management is a complex medley of processes in which even a slight lack of visibility or synchronization can lead to enormous losses and overheads. But with the recent developments in AI & machine learning, we can now harness historic and real-time supply chain data to […].

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6 Steps to Improvement in Manufacturing

Kainexus

One of the most important responsibilities of managers in manufacturing environments is to contain costs. The most obvious cost to eliminate is the cost of low quality. Defective products and lost labor hours add no value to the customer and represent a significant strain on the organization. To eliminate the waste of low quality, a strategic approach to improvement is essential.

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How Regulatory Frameworks Drive Technological Innovations

Entrepreneur - Innovation

The spirit of regulation is to establish fairness and openness, which encourages better participation among innovators and users.

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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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Purpose: A Key to Success | Hosted by C2E2 for UConn Center for Clean Energy (Nov 16, 2020)

Inspiring Next

On Monday November 16th 2020, C2E2 hosted Dr. Ripi Singh for a seminar on “Purpose” on a professional and personal level. The audience consisted of professors and students who are affiliated with the UConn Center for Clean Energy. The seminar reminded the audience of their purpose with questions like why did you decide to do… Read More » Purpose: A Key to Success | Hosted by C2E2 for UConn Center for Clean Energy (Nov 16, 2020).

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5 Major Advanced Analytics Use Cases In The Oil And Gas Industry

Acuvate

5 Major Advanced Analytics Use Cases In The Oil And Gas Industry Data analytics has made a considerable impact on the oil and gas (O&G) industry be it in enhancing ROI or enabling safety measures. According to a report by McKinsey, advanced analytics has yielded returns amounting 30-50 times the investment within a few months […]. The post 5 Major Advanced Analytics Use Cases In The Oil And Gas Industry appeared first on Acuvate.

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4 Corporate Innovation Trends Set to Disrupt the Business Landscape in 2021

Qmarkets

2020 was not what we expected, but nevertheless the old adage ‘out of adversity comes opportunity’ has never been more apt. The enormous pressure of the pandemic has caused irrevocable change, forcing organizations to adapt and innovate to survive. Yet in many cases it is the most hostile or adverse environments that create the most brilliant things.

Trends 83
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Teen Scientist and Inventor Named First-Ever 'Time' Kid of the Year

Entrepreneur - Innovation

The 15-year-old wunderkind was interviewed by Angelina Jolie about her efforts to combat everything from contaminated water to cyberbullying.

Trends 107
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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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Leaders from Lyft, Fitbit on How Diversity Drives Innovation

Innovation Leader

Leaders with experience at Fitbit, Lyft, and the Alliance for Smiles discuss hiring diversely and support talent in an equitable environment.

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The Three Factors That Drive Consumer Behavior

InnovationManagement

As the adage goes, the only constant is change, and such is the case with consumer behavior. Thus, tracking trends, using business analytics to predict where the next trend may be, and acting accordingly with your marketing is a recipe for success. The post The Three Factors That Drive Consumer Behavior appeared first on InnovationManagement.

Trends 71
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What to Expect When Pittsburgh Drops in Nielsen Rank

Brunner

When Nielsen announced Pittsburgh would drop rank from #24 to #26 in 2021, there was concern about how that would affect the market.?What would that mean for the local TV market??Would the market lose national advertisers?? . Nielsen’s market rank is determined by the number of TV households in the DMA. Even though Pittsburgh dropped in rank, I have good news.

Data 75
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"Lean Thinking" and the 5 Principles of Lean Manufacturing

Kainexus

James Womack and Dan Jones are the founders of the Lean Enterprise Institute and the Lean Enterprise Academy (UK), respectively. Their book, Lean Thinking: Banish Waste and Create Wealth in Your Corporation , is considered by some to be the bible of Lean manufacturing. It was originally published in 1996 based on their in-depth study of Toyota’s fabled Toyota Production System (TPS).

LEAN 63
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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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Highlights from November on Culture Audits, Budgets, and AI

Innovation Leader

We’ve gathered the best pieces of recent advice we’ve been given by innovators in our live show, report, and other online coverage.

Culture 77
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How Innovation Can Help Companies Be Successful During Difficult Times

Tullio Siragusa

How Innovation Can Help Companies Be Successful During Difficult Times. Every company at one point in time will face difficult circumstances. It can become difficult to serve customers and stay ahead of the competition. While it may seem to be an impossible task to make it through difficult times, there is still one aspect that can drive companies through them.

Company 63
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#2,017 – Sanitizing Face Mask

Greatest. Idea. Ever.

When I was in college at Northeastern University it used to bother me when people like washed up comedian Colin Quinn confused my alma mater with Northwestern University. But now I wouldn’t mind being confused with that other school located in Chicago. For they have invented a face mask that sanitizes exhaled droplets, further keeping those around you safe.

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An investment in your personal brand is an investment in your professional future

Brunner

And for women in the current job landscape, many of whose careers are disproportionally affected by COVID19, a personal brand is critical to gaining professional currency for their next career opportunity. That’s why Brunner’s Director, PR + Brand Engagement , Meredith Klein recently co-led a workshop on creating, refining and extending your personal brand with?

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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 Three Mistakes People Make With Business Case Method

Ankush Chopra

MBA students make three mistakes with business case method. These errors make their classroom experience less than optimal. As a result, they leave money on the table when exiting from the classroom. By making small changes in your approach to business cases, you can increase your learning manifold. Business Case Method If you are reading this, you already know that business case method is the dominant method of teaching in business schools.

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What is Shape? IDEO’s Latest Innovation Tool

InnovationTraining.org

Meet the latest visual, collaborative software tool from IDEO. Shape is the latest collaborative digital software tool created by IDEO to help with innovation and design thinking projects. This software platform was designed to be fully customer-centric – allowing users to quickly gather feedback and collaborate on new ideas. Learn more about Shape as well as resources designed to help you get started below.

Tools 59
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#2,021 – Verse by Verse

Greatest. Idea. Ever.

Writing poetry is one of my favorite things to do and I’ve gotten quite adept over the years at crafting celebratory poems for my friends, family, and co-workers for birthdays, weddings, anniversaries, retirements, and other special occasions. But not everyone is a poet that didn’t know it. Most people struggle with rhyming while also maintaining a consistent narrative throughout.

Tools 67
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Are you Shaking The Box?

helloFUTURE

Have you heard of the term “shaking the box”? It’s a great way to trigger new thinking – or at least try to unearth current hidden thinking. When encountering a situation, you go into it with the express purpose of creating disruption, just to see what people’s reactions are – and what you can observe… The post Are you Shaking The Box?

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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.