Sat.Oct 23, 2021 - Fri.Oct 29, 2021

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Why We Need To Invest In An Innovation Economy

Digital Tonto

The Cold War was fundamentally different from any conflict in history. It was, to be sure, less over land, blood and treasure than it was about ideas. Communist countries believed that their ideology. [[ This is a content summary only. Visit my website for full links, other content, and more! ]].

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How to Sell Your Idea Internally

Viima

We all know the stories of managers who far too often dismiss the ideas of their employees. When we seem to get more “no”, than “yes”, we tend to blame the leadership, or perhaps the organizational culture. But there’s more to rejected ideas than meets the eye. Indeed, in some top-down corporate cultures ideas are not valued as much as they should, and people don’t feel comfortable enough to speak up.

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How to Create a Company Culture Plan

CMOE

Over the past decade, the term “company culture” has become a buzzword in the business world. Company culture defines the essence of a company, both internally and externally. In other words, your company culture answers the question, “What does my team think of my business from the inside out?” and “What do current and future customers think of the company from the outside in?

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How Open-Minded Are You? Quick Quiz.

Destination Innovation

Image by Mohamed Hassan on Pixabay. Almost everyone considers that they are open-minded and receptive to new ideas. But in reality it is very easy to fall into a rut where we cling to our own entrenched concepts of the world and subconsciously reject notions which might disturb our views. Try this quick quiz to see how you rate as regards being open minded.

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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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Choose Your Own Innovation Adventure Infographic

IdeaScale

Overview : Innovators face a number of challenges, as detailed in our choose-your-own-adventure infographic , including leadership buy-in, resources, and team-building. Yet, these challenges can be overcome with the right tools and approach. Leadership. The first step in building an innovation culture in any organization is to develop the idea of innovation as a priority.

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Book Review - Built to Innovate by Ben Bensaou

Jeffrey Phillips

Since I am an innovation consultant, working with Fortune 500 companies to build innovation capacity, and I regularly blog on this site about innovation topics, I often have the opportunity to review new books about innovation. In the coming days I will review two books, one by an old friend (Roger Von Oech) and one by a professor at INSEAD who I have not had the pleasure of meeting.

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Tips for Managers with Staff Working From Home

Destination Innovation

Image by Tumisu on Pixabay. With the Covid pandemic showing few signs of abating many teams are now working part from home and part in the office. This can be challenging for any manager. You want everyone on your team to feel engaged, motivated and set up for success. Here are some handy tips. Set Clear Objectives. Spend time agreeing with each person what outcomes you want from their work.

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Is your company ready to innovate at scale?

Strategyzer Innovation

Every organization needs to reinvent itself to survive over the long term. Some are in a stronger position to do this than others. There are three areas you need to consider if you want to quickly assess your company. They are leadership support, organizational design and innovation practice.

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When is Organizational Culture Considered Dysfunctional?

Kainexus

Most leaders would agree that culture is an essential element of the success of any organization. However, in a study by the HR company, Hayes, 46% of employees cited culture as the reason they quit their job. Clearly, there is room for improvement when it comes to workplace culture. Before we get into the signs and symptoms of a dysfunctional culture, it is helpful to outline what culture does in business.

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An Insider’s Guide to Modern PPM: Evolving Approaches and Technology

Planview

PMOs are in a state of transition: ever shifting to support different teams, ways of working, strategic objectives, transformation programs, priorities, and more. Managing this level of complexity and constant change requires a modern approach to PPM – one that positions the PMO to become a more strategic creator of business value. “ The Insider’s Guide to Modern PPM ” defines what this means and the competencies needed to confidently and effectively traverse the journey.

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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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RE-THINKING FOR A NEW AGE

ImagineNation

In our last blog , we proposed, rather than living in a world where everyone hates to fail, why not adopt a rethink, respond, regroup, thrive pattern, and experience failure as an opportunity for change, unlearning, and re-thinking? Adopting this approach supports your human-centricity and enables you to become future-fit through developing your set of 21st-century superpowers in the face of the acute disruption of COVID-19.

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Recruitment in Canada: The Hiring Dilemma – Insights from Our Round Table

Innovators Alliance

It’s no secret that employers throughout Canada are concerned with recruitment. Indeed, the country has seen a significant labor shortage which has made employers’ lives very difficult. According to a labor shortage study by the BDC, more than half (55%) of Canadian entrepreneurs are struggling to hire the workers they need and more than a quarter (26%) are having difficulties retaining their employees.

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Value Stream Mapping Best Practices

Kainexus

Value stream mapping (VSM) is used to visually depict, analyze, and improve the flow of materials and information through end-to-end processes. It is an effective method of identifying waste and opportunities for error. It is used by companies who have adopted the Lean Manufacturing or Lean Sigma business methodologies, as well as by others who are practicing continuous improvement.

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Here’s Your Agile Track Recap from Accelerate

Planview

In case you missed it, Planview’s premier customer conference was bigger and better than ever this year! The virtual event attracted almost 2,800 registrants from more than 45 countries on Sept. 21-22. On the jam-packed agenda were several presentations, customer stories, and roundtable discussions aimed at supporting Agile leaders at all levels of the organization.

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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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Employee Inspired Innovation

Strategos

As always, business is changing. Ever since the middle half of the last century, we have continued to shift our economy from agriculture -> industrial -> services. And underneath this evolution is the revolution of technology that makes it all work. These shifts have also allowed us to evolve away from “command & control” management and use more leadership techniques which are often encased in.

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Why an Entrepreneur's Ability to Innovate Will Make (or Break) Future Success

Entrepreneur - Innovation

If you're still early in your entrepreneurship career, it's essential to start developing an innovative mindset right away.

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Critical Considerations During the DMAIC Measure Phase

Kainexus

Organizations turn to the Six Sigma business methodology to reduce variation, eliminate defects, and make operations more efficient and effective. One of the cornerstones of Six Sigma is the DMAIC process improvement cycle. DMAIC stands for define, measure, analyze, improve, and control.

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Importance of Long-Term Innovation

Innovation Excellence

GUEST POST from Greg Satell Scientists studying data from Mars recently found that the red planet may have oceans worth of water embedded in its crust in addition to the ice caps at its poles.

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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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Lessons in Leadership from Blind Runners and their Running Guides

Rmukesh Gupta

Did you know that David Brown runs a 100m in under 11 seconds? So, what’s so special you ask? The special thing is that he is blind. He is the world’s fastest blind runner and has won two world championships and a Paralympic gold medal so far. You can watch a documentary, On | Untethered about him and his journey here. But I digress.

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Here's When Your Elementary Schooler May Be Able to Get Their Covid Vaccine

Entrepreneur - Innovation

After approval from the FDA's vaccine-advisory board, the option could be on the table as soon as next week.

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The Formula for Successful Strategy Deployment

Kainexus

When you're thinking about rolling out Strategy Deployment in your organization, it can be intimidating to know exactly where to start, what pitfalls to avoid, and how to set yourself up for success right from the beginning. I've recently written an eBook that covers these questions, as well as information about the software you need to enable Strategy Deployment, that you can download here: But I thought that today on the blog, I'd give you a sneak peek into one of the chapters of the book cove

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CEOs Say Creativity is the Most Critical Factor for Future Success

Innovation Excellence

GUEST POST from Linda Naiman According to the IBM 2010 Global CEO Study, which surveyed 1,500 Chief Executive Officers from 60 countries and 33 industries worldwide, CEOs believe that, “More than rigor, management discipline, integrity or even vision — successfully … Continue reading →

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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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Effective Idea Management: How It Can Help Your Business

ITONICS

The thought of missing a great idea or simply letting an opportunity-rich concept slip through the cracks too early on in the innovation process is one that keeps innovators everywhere awake at night. Effective idea management offers a systematic and structured approach to remedy these concerns. When applied appropriately the practice of idea management works to verify and validate concepts so that those that hold the most potential are nurtured and protected.

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Your Greatest strength could also become Your Greatest Weakness

Rmukesh Gupta

Premise In a recent post, Mike Shipulski, talks about how the core strength of a business usually also becomes the biggest weakness for that business, as it ends up consuming all of the resources to optimise its growth and starves all new ideas for resources. I recommend that you read the entire post here. I reckon that this hypothesis holds true for all of us as individuals and as leaders as well.

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Our 7 Favorite Newsletters

The BMI Lab Blog

Newsletters have been around for many many years. Probably even for hundreds of years. With the rise of email marketing in the early 2000’s, sending news updates and other information became more common. Yet, in the past 4 to 5 years new types of online publishing platforms have appeared which made it easier for publishers to monetize their content.

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Creating a Movement that Drives Transformational Change

Innovation Excellence

A while ago I had the opportunity to interview Greg Satell, author of the new book Cascades: How to Create a Movement that Drives Transformational Change.

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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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Best Practices for Strengthening University-Industry Partnerships

Yet2

yet2 ‘s CEO, Tim Bernstein , presented the keynote address in the “CEOs Session on Industry Academia Interconnect” at IEEMA’s DigiElecBharat conference. The conference is focused on innovation in the electrical industry in India. During his address, Tim shared case studies, and best practices on navigating university-industry partnerships.

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Unhurried Productivity with Digby Scott

Rmukesh Gupta

One of the things that absolutely fascinates me is our obsession with productivity. And this obsession almost always leads us to feel guilty about not being busy all the time. I have written about being happily busy (another way to say unhurried productivity, but unhurried productivity sounds much better) here. Digby Scott has created a model that simplifies an important and complex idea is a very simple way.

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Episode 065: Is It Creative to Copy Others?

Innovation in Practice

The title of this episode reveals the question on many of our minds: is it creative to copy someone else’s idea? At first glance, that wouldn’t seem very creative. If you were to take someone’s idea and claim it as your own, few would label that “creativity.”. However, there is some merit to the idea of copying. There’s a very good and compelling reason for using a degree of copying as a way to boost your creative output. .

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Being Too Focused on the Test is Dangerous

Innovation Excellence

GUEST POST from Arlen Meyers Like most premeds, I got into medical school, mostly, because I am good at taking standardized tests, I can memorize lots of information , I had some cultural and economic advantages and I knew what … Continue reading →

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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.