Sat.Jul 07, 2018 - Fri.Jul 13, 2018

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The Twelve Disciplines of Consistently Innovative Organizations

Innovation Excellence

Ever notice that some organizations seem to be far more consistent at delivering new innovation than most? I have. Ever wonder why this is… what they do differently? I certainly have. Indeed, like so many others before me, I’ve spent my entire adult life working in and around organizations that were trying constantly to deliver.

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You need a chief disruption officer, not a chief innovation officer

Jeffrey Phillips

In older times, when kings ruled countries with little input from their subjects, it was easy for the king to exhibit some hubris. After all, the king's family and retinue encouraged the idea of divine coronation - the sense that the king had his power from a divine source and that everything under his domain should pay homage to him. Given this power, it wasn't hard for kings to become a bit deaf to other ideas or suggestions, or the idea that he could be fallible.

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4 Great Innovations that Started as Employee Ideas

IdeaScale

The idea for IdeaScale functions on a simple premise: good ideas can come from anywhere. This tenet underpins most of crowdsourcing and all open innovation programs. The idea isn’t new (after all, the very idea of democracy is based on the wisdom of the crowd), but it’s become more and more sophisticated alongside the systems that enable it and more and more powerful as the total population that anyone can reach out to becomes broader and more diverse.

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To Innovate You Need To Question Your Assumptions

Beyond the Obvious

Every year I travel around the world giving workshops and motivational talks on innovation. I enjoy doing this; I’m a naturally curious person, and there’s always something interesting to observe and learn from these speaking dates. Often I’ll walk into an auditorium full of people wondering if they will learn anything new that they can […].

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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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A Revolutionary Idea – Thinking Inside the Box

Destination Innovation

McLean in 1957. Containerization was a massively important innovation which powered the expansion of global trade but it was a difficult idea to implement. Before containerization, goods were physically manhandled as break bulk cargo. At the factory or warehouse goods were loaded onto a truck, driven to a port and then offloaded to await the next suitable ship.

System 202
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We May Finally Be Winning The War Against Cybercrime. Here’s How:

Digital Tonto

Cybercriminals are becoming more sophisticated and those that guard our financial system need are upping their game as well. Related posts: Digital Media’s Secret Weapon for Winning Ad Budgets (Why. [[ This is a content summary only. Visit my website for full links, other content, and more! ]].

System 91

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Cars Don’t Have to Be Beige and Boring – Nobe 100

Braden Kelley

Estonia is known for pushing the boundaries as it tries to establish itself as a haven for innovation, and out of Estonia comes the latest in a string of interesting electric car projects.

Project 81
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Next-Level Customer Loyalty: The Lock-In Effect – Business Model Inspiration #7

whataventure

Research shows that serial entrepreneurs develop business models more successfully than others by building on proven strategies. Innovate like a serial entrepreneur! Enjoy the following business model strategy to boost your creativity. Find more on our Innovation Platform. Business Model Inspiration #7: Next-Level Customer Loyalty: The Lock-In Effect.

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Startup Investment Guide: 10 steps to assess whether a venture is suitable for investment

Board of Innovation

Read More. The post Startup Investment Guide: 10 steps to assess whether a venture is suitable for investment appeared first on Board of Innovation.

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Make Employee Engagement Part of Your Innovation Strategy

IdeaScale

Innovation starts with teamwork. Core to any organization is the people that join it. This is as true of the workplace as anywhere else: Who works for your company often defines it. However, a surprising number of employees don’t feel engaged or interested in their workplace. It’s estimated 70% of the workforce is doing little more than punching a clock, and they don’t particularly care who’s looking at that clock.

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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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Rebranding Australia as an Entrepreneurial Nation

IdeaSpies

The Academy of Entrepreneurs launched a Corporate Challenge in collaboration with the Australian Trade and Investment Commission (Austrade) in response to the Australian Government Initiative to develop a stronger Nation Brand. The initiative is all about better positioning Australia to enhance our global competitiveness. The Foreign Policy White Paper of 2017 found that the current nation branding is fragmented with no unified representation of Australia internationally.

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Three Steps to Help Prevent Employee Turnover

InnovationManagement

Keeping employees and avoiding turnover has never been easy. There is no difference based on the amount of employees. Whether it’s a few dozen or a few hundred, trying to maintain and upkeep employee happiness takes dedication, persistence, and one strong cup of coffee (maybe two or three cups, if we’re being honest).

Culture 62
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When People Say “We’re Not Like Google”, I Say “Why Not?”

helloFUTURE

I’ve worked with a number of clients over the years who seem to have a bit of a self-esteem issue. We have very successful ideation sessions, a number of great ideas are generated, but then when it comes to taking the best of the best of these ideas and turning them into reality, they get… The post When People Say “We’re Not Like Google”, I Say “Why Not?

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Applying AI and Machine Learning to Patent Data Analysis

Yet2

Artifical intelligence (AI) and machine learning techniques are changing the world of patent data analysis. A patent document is a well-structured document, with title, abstract, claims, and description all clearly defined. Patents and applications are also classified using one or more standardized classification codes. These facts make patent data very suitable to be processed with machine learning techniques.

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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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Lessons learned from the World Cup – the Croatian phenomenon

Innovation Excellence

In this time of World Cup madness, one team that reached semifinals attracts attention as their country is not often in the headlines. As a Croatian, I must share a thought or two how we achived to reach 2nd semifinal in 20 years(first WC that Croatia was eligible to compete was 1998. when it finished.

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Delivering Pizza to the Homeless

Braden Kelley

Innovation can come from a number of different potential sources of inspiration and insight. The most typical source of course is understanding customer needs.

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Apple’s Installed Base – Foundation for Success, or Curse?

Adam Hartung

The last few quarters sales growth has not been as good for Apple as it once was. The iPhone X didn’t sell as fast as they hoped, and while the Apple Watch outsells the entire Swiss watch industry it does not generate the volumes of an iPhone. And other new products like Apple Pay and […].

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10 Rules for Maintaining Energy and Enthusiasm for Anything | Collective Campus

Collectivecamp

So many entrepreneurs get excited when they start something but their investment and energy tapers off once that initial buzz wears off.

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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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Top 20 Innovation Articles of June 2018

Innovation Excellence

Drum roll please… At the beginning of each month we will profile the twenty posts from the previous month that generated the most traffic to Innovation Excellence. We also publish a weekly Top 8 as part of our FREE email newsletter. Did your favorite make the cut? But enough delay, here are June’s twenty most.

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What You Need to Know About Idea Software

Planview

What is idea software? Idea software, often referred to as idea management software, is a powerful solution that you can use to ask for, collect, analyze, and track ideas from diverse groups of people, also called a “crowd.” For businesses, this typically means employees, but many companies also use it to solicit and vet new ideas from their customers and partners, too.

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Trends Shaping Innovation in the Personal Care Industry

Yet2

There are a number of global trends in the personal care industry that are shaping the open innovation needs of both mid-sized companies and large global brands. How these companies embrace innovation can have a big impact on their bottom line. The global personal care product market is forecasted to reach more than $650 billion by 2024. In the U.S. alone, the personal care market is more than $36 million annually, with an expected annual growth rate of 9.3%.

Trends 45
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We’re on a mission. Next stop, China!

100%Open

China has over 160 cities with 1 million or more inhabitants – 24 of these are some of the largest cities worldwide. It is the world’s most populous country, with a staggering 1.35 billion people, of which 700 million live in cities. As this figure continues to rise China’s urban challenges around energy consumption, urban mobility, as well as energy and water infrastructure are becoming ever more evident.

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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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The Ideal Way To Deal With Bad Decisions

Innovation Excellence

Avoiding bad decisions is not the objective; owning them is. Think of the last really bad decision you made. You may be living through it right now. How did it, or how does it, feel? Not so great, right? Well get used to it! An Inconvenient Truth Here’s a very inconvenient truth.

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New leadership capabilities for a disruptive world

ImagineNation

Whether you are a company that wants to attract top talent or an individual who is trying to land your dream job, or create a new business, it’s becoming clear that the future of work is both human and technology centred. For us humans to be effective, productive & innovative, in the Digital Age, we […]. The post New leadership capabilities for a disruptive world appeared first on Imaginenation.

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4 Questions of World-Class Entrepreneurs

Daniel Burrus

Several years ago, I was a keynote speaker at the first world summit for Entrepreneur of the Year Award winners hosted by Ernst & Young (EY). It was held in Singapore and the theme was “Access Asia.”. It was a global summit, but the theme was on identifying new opportunities in China and India. As I talked to the award winners and other leaders in attendance, I noticed that one word kept standing out.

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Innovation and Process Automation for Small Businesses

InnovationManagement

In the world of small businesses, there are only three golden rules you need to keep in mind: Save time. Save money. Make more sales. However, achieving these goals is not as simple as it may sound.

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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 in the Balkans – Part I – Northern Croatia and Slovenia

Innovation Excellence

The region known as the Balkans, located in southeastern Europe, runs from the Southern Alps to the Greek peninsula and is surrounded by the Adriatic, Ionian, and Black Seas. The region is a crossroads of civilizations, with major influences from ancient Rome to the west, the Austro-Hungarian Empire to the north, the Greeks to the.

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Open Innovation Challenge for Suicide Prevention

IdeaConnection

According to the US Department of Veterans Affairs , approximately 20 Veterans commit suicide each day. And in 2014, roughly 67% of all Veteran deaths by suicide were the result of firearm injuries. It’s grim statistics like these that prompted the agency to host an open innovation challenge to develop cost-effective solutions for firearm storage, which Veterans and their families and friends could use to prevent suicide, injury or accidents.

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Three Pieces of Advice from Venture Capitalists and Top Executives

New Markets Advisors

For the fourth year in a row, the Harvard Business School Association of Boston hosted its Business of Food panel discussion. The event brought together industry executives, venture capitalists, entrepreneurs, and others with an interest or stake in the food and beverage industry. While food innovation is a passion of mine, what struck me most at the event was how similar the industry’s challenges and opportunities are to what I see elsewhere, whether it’s in healthcare, financial services, or i

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Atul Ghai

Innovation 360 Group

Based in New Delhi, India & Singapore. Background: Senior leader with blend of strategic thinking and execution. Developed and delivered award winning global programs for operational excellence and services from start-up to billion dollars at Nokia and Motorola respectively. Managed global teams across multiple functions. Certified Lean Six Sigma Master Black Belt, which is the highest level of expertise for a consultant, coach and master trainer for improving organization culture of problem

LEAN 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.