Sat.May 05, 2018 - Fri.May 11, 2018

article thumbnail

Innovation “Gurus” Love To Talk About These 4 Myths — None Of Them Are True

Digital Tonto

What worked for Steve Jobs or Elon Musk Might not work for you Related posts: 4 Myths About Innovation That “Gurus” Love To Tell. There Is No One True Path To Innovation. Innovation Is The Only True. [[ This is a content summary only. Visit my website for full links, other content, and more! ]].

article thumbnail

Why We Can't Innovate

Bill Fischer

In the face of disruptive innovation, most firms that we see recognize the threat fairly early, but fail to change the way that they go about innovating. They falsely believe that they "know" the customer, they champion the future, but invest in the present and they lack urgency.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Overcoming the Not-Invented-Here (NIH) Mindset

Innovation Excellence

When Chris Messina, a former Google designer, conceived of a simple way to filter content and create channels on Twitter in 2007, he blogged about his idea: “Every time someone uses a channel tag to mark a status, not only do we know something specific about that status, but others can eavesdrop on the context.

Design 57
article thumbnail

How Mental Models Drive Strategy, Often For The Worse

Digital Tonto

Our brains are wired to look to the past, not the future. Related posts: We Need To Switch Our Mental Models From Hierarchies To Networks. Why Digital Marketing Strategy is so Hard. [[ This is a content summary only. Visit my website for full links, other content, and more! ]].

Strategy 108
article thumbnail

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.

article thumbnail

Hack: Build an innovation library

Board of Innovation

Read More. The post Hack: Build an innovation library appeared first on Board of Innovation.

article thumbnail

The Right ROI of Innovation for Your Firm

Innovation Excellence

Too many organizations try an innovation effort once, under resource it, then claim failure and never try again. This over-reactive tendency to dismiss innovation as “oh, we tried that eight years ago and it didn’t work” displays a lack of real ROI thinking at an organization. In fact, if you think of your innovation mix.

More Trending

article thumbnail

Why do we Underestimate the Power of Progress?

Destination Innovation

How well-informed are you about the state of the world? Please try this short quiz. How did you get on? Most well-educated people do badly in this little test. The average person gets only two or three questions right out of 13. This is because we generally hold a distorted view of the world – we see the world as much poorer and less developed than it really is.

Video 194
article thumbnail

Applying the Three Horizon Thinking to a Fresh Perspective of Innovation Design

Paul Hobcraft

There is huge value in applying the three horizon framework into your thinking. It is as useful a framework that you can get to help decide where you are heading. It is not just for innovation application, that can determine innovation activities. It has multiple values in any organization thinking and alignment. The 3H informs the decisions to be taken, by recognizing their importance to the future and ‘frame’ resource allocation, identify current capability gaps to resolve.

Design 138
article thumbnail

A Collaborative Product Development Stage Gate

IdeaScale

You might be surprised to learn that silica sand is used in a wide variety of industries: everything from the oil & gas vertical to products in sports & recreation. It’s amazing that sand can be used for arts and crafts or even water filtration. So a company that provides silica and sand based products actually has a wide range of innovation opportunities as they build out their product portfolio.

article thumbnail

Evolution and its impact on business models, slow and fast

Jeffrey Phillips

Darwin teaches us that evolution is a long, slow process, gradually leading to new adaptive species that emerge over time with specialized capabilities. Therefore, the change in species from generation to generation may be relatively small, but always purposeful and testing the best ways to win in a niche. Just as both the Chihuahua and the Newfoundland emerged from evolution (and a fair amount of selective breeding) from the wolf, modern businesses are slowly emerging and adapting new forms and

Trends 124
article thumbnail

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.

article thumbnail

Is Your Company Prepared for GDPR? What You Need to Know

HYPE Innovation

It's May! If you're like us, you're probably wondering how the past four months flew by so quickly. If that's the case, then you may also be surprised to learn about a major deadline happening at the end of the month: GDPR compliance. Hopefully, you're already aware of this and have dotted your "i"s and crossed your "t"s. But for those who might be hearing this acronym for the first time, we're here to help.

Company 100
article thumbnail

Why It’s Time to Become Your Company’s Chief Laziness Officer

Stephen Shapiro

Most of the work you do is not important and in fact slows you down… My first real job was working for a large computer manufacturer in their production control department. After two months there, the department head called me into his office and told me I was the laziest person he’d ever met. And he meant this as a compliment. When I first started this job, I worked 50 hours a week and my direct supervisor worked 60 hours a week.

article thumbnail

A Successful Customer Experience Innovation Workflow

IdeaScale

Last week, IdeaScale introduced a proven product improvement workflow that is being used by our highest performing communities. This week, we continue that trend by showcasing a workflow that has been used to demonstrably improve customer experience and customer satisfaction. Organizations like this gather ideas from employees about how to make customers lives better and they track their progress by measuring their customer NPS Score.

Ideation 113
article thumbnail

Now That We’ve Captcha’d Your Attention…

Boxes and Arrows

The other night I listened to my friend swear his way through the online purchasing process for concert tickets. He knew who he wanted to see, how many tickets he wanted, and his budget. All was going well until he got to a point in the journey that kept tripping him up, and the longer it went on the more frustrated he became. As UX practitioners, these are the types of experiences we try to avoid; we would never knowingly place an obstacle in a user journey that would cause such frustration.

article thumbnail

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.

article thumbnail

Deep learning techniques

IdeaSpies

If you have been wondering how there is always so much to do yet so little time, time has come when you can finally put a halt to that thought as artificial intelligence has just the things you need. In fact, with artificial intelligence and cognitive computing you can get things done with greater efficiency and much lesser effort than you thought was possible.

article thumbnail

Design Thinking or Design Theatre?

Dawid

There is an element of Design Thinking that is simply cool. Our users, who are frustrated with something get to participate in an immersive experience where they are in control of shaping their future solution. It’s a playful, fun and rewarding experience for the participants. However, how much did they contribute that fieldwork could’ve told you? Did you truly look to find the overlap of Feasibility, Viability & Desirability?

article thumbnail

5 Strategic Thinking Questions to Engage Employees in Reorganization

BrainZooming

A participant at a Brainzooming creative leadership presentation stayed afterward. He asked an intriguing question. His department is about to undergo a reorganization. Currently, certain people are underutilized. While the reorganization isn’t intended to move them out of the department, he wondered how to best involve all the team members in re-imagining the department.

article thumbnail

A Look at Credit Agricole’s Open Innovation Incubator

Innovation Excellence

Fabrice Marsella is head of the Le Village by CA Paris or the village’s Mayor as they say! Benoît Bourdin is Deputy Head of Le Village, and responsible for Partners & CA Group connections / International Network. The Village is the startup accelerator initiated by Credit Agricole (CA) Banking company which looks at detecting and supporting the.

article thumbnail

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

article thumbnail

What is Innovation Software?

eZassi

What is Innovation Software? Innovation Software Helps Businesses Cultivate and Implement Innovation — Faster. Innovation software is a fairly recent development that was made possible by the rise in popularity of both cloud computing and social sharing platforms. The main goal of this software is to help enterprise level businesses generate and evaluate ideas so that innovation can be cultivated and implemented.

article thumbnail

Is the Tipping Point for AI Here?

Yet2

Artificial intelligence (AI) is poised to change how we work, play, and live, but it may not change things nearly as quickly or as impressively as today’s hype claims it will. In the words of Gary Marcus , commented during the Open Data Science Conference , “We wanted Rosie the Robot and we got the hockey puck Roomba.” The reality is that AI, machine learning (ML), and deep learning (DL) capabilities today lie somewhere in the middle.

article thumbnail

5 Innovative Technologies of the 21st Century

InnovationManagement

The researchers and engineers of the 21st century have produced marvels such as personalized hover boards, self-driving cars and, of course, the societally pervasive smartphone. While the devices are commonplace now, just a decade and a half ago they were unfathomable.

article thumbnail

This Is What Real Courage Looks Like

Innovation Excellence

Have the courage to do this one thing and you’ll never look at giving up in the same way again. “…never give in, never give in, never, never, never-in nothing, great or small, large or petty – never give in except to convictions of honour and good sense.” – Winston Churchill If you’ve followed me.

article thumbnail

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

article thumbnail

Artificial Intelligence: A Question of Data

Daniel Burrus

Business people, not to mention the public on a global basis, are getting increasingly excited, as well as concerned, about the potential of artificial intelligence (A.I.)—so much so that China’s growing involvement in A.I., and the vast quantity of data that China is capable of generating on a daily basis, has many wondering if the U.S. will be a leader or follower in this important technology category as the future unfolds.

article thumbnail

Open Innovation for the Korean Pharma Industry

IdeaConnection

Delegates at the recently held Korean Pharma Associations Conference (KPAC) 2018 spent part of their time talking about the importance of open innovation to improve public health and for the growth of local and foreign pharmaceutical companies. And one of the key topics was how to facilitate open innovation for new drug development. “As research and development activities for new drugs are becoming open innovation-based ones, innovative ideas, knowledge, and know-how are being shared witho

article thumbnail

The Future of Database Technology

InnovationManagement

Disruptive database technologies have mandated retailers to innovate to keep up with market trends and competition. While this may seem costly, it's the only way businesses can stay relevant. Project managers are expecting a higher return and lower costs on technology projects.

article thumbnail

Innovation Perspectives: Colombia’s Modern Day Renaissance

Innovation Excellence

The city of Medellin Columbia has received numerous awards recently, including the world’s most innovative city award from the Wall Street Journal and CitiBank in 2013, as well as the biennial Lee Kuan Yew World City Prize in 2016. As I was planning a trip to Colombia with a focus on innovation, I decided to apply one of my own maxims to the voyage.

article thumbnail

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.

article thumbnail

Laurel Shu Lau

Innovation 360 Group

Based in Melbourne, Australia. Background: Laurel is a Change Agent that helps Team Leads and innovators recognise the talent of who they are so they can activate dormant stars in their teams. I help organization increase the organisation co-creative potential, and cultivate innovation culture. I create unique Mindfulness leadership training based off knowing the distinctive layers of talent development each individual goes through.

article thumbnail

The Assumptions Juice Press – A tool to identify your most critical assumptions

The BMI Lab Blog

How to identify your assumptions? Over the past 5 years, the BMI Lab has supported many large companies in innovation workshops, BMI sprints and advisory projects. A vital step after discovering a new business opportunity and creating a business model concept, is to identify the most critical assumptions of the concept. The reason behind this is, that before you have established a clear understanding of your underlying assumptions, the testing and prototyping phase of an idea becomes redundant.

Tools 40
article thumbnail

Design Thinking or Design Theatre?

Dawid

There is an element of Design Thinking that is simply cool. Our users, who are frustrated with something get to participate in an immersive experience where they are in control of shaping their future solution. It’s a playful, fun and rewarding experience for the participants. However, how much did they contribute that fieldwork could’ve told you? Did you truly look to find the overlap of Feasibility, Viability & Desirability?

article thumbnail

Why are we so Gloomy about Human Progress?

Innovation Excellence

How well-informed are you about the state of the world? Please try this short quiz. How did you get on? Most well-educated people do badly in this little test. The average person gets only two or three questions right out of 13.

article thumbnail

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.