Sat.May 06, 2023 - Fri.May 12, 2023

article thumbnail

Recognizing the Building Blocks of Innovation

Paul Hobcraft

I finished my last post, “ Are we EVER going to embrace innovation? ” With the argument, we need to change the innovation narrative and significantly update the innovation approach and processes to meet today’s and tomorrow’s business challenges. I am working through what I think this should become in design and application, involving providing the key innovation building blocks as components of the innovation stack, using the innovation stack to guide platform development and the pl

article thumbnail

How Generative AI Changes Creativity

Harvard Business Review

Conversations with a video artist and innovation researchers about the new technology.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Seven Pitfalls of Growth. One way to Combat them All: Be Anticipatory

Daniel Burrus

Going into business of any kind always proves to be a complex endeavor, one that requires a balance of anticipation, communication, and perseverance to succeed. Unfortunately, many newer and more seasoned business owners have a fear of failure that inhibits them from finding or even continuing the success of their organization. As a business leader, the fear of failure is truly a debilitating experience, so much so that it can ultimately cause failure, believe it or not!

article thumbnail

Top 11 Best Lean Tools For Continuous Improvement | KaiNexus

Kainexus

Lean continuous improvement is a systematic approach to perfecting business processes and operations by eliminating waste, increasing efficiency, and delivering more value to customers. The "lean" philosophy emphasizes eliminating non-value-added activities and processes to create more value with fewer resources. Lean is built on best practices for continuous improvement , including employee engagement and focusing on creating a culture that supports positive change.

LEAN 75
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

Why ‘system transformation’ is likely a pipe dream

Christensen Institute

I can’t count the number of times people at an education conference have approached me and said something to the effect of, “But how do we transform the education system?” or “We need to focus on system transformation” or “How do we scale system transformation?” I get why they share these sentiments with me. Ever since I wrote Disrupting Class in 2008, I’ve been publicly in favor of transforming education, not merely reforming it (although I do work in both spheres).

System 98
article thumbnail

Sustaining Imagination is Hard

Innovation Excellence

by Braden Kelley Recently I stumbled across a new Royal Institute video of Martin Reeves, a managing director and senior partner in BCG’s San Francisco office. Martin leads the BCG Henderson Institute, BCG’s vehicle for exploring ideas from beyond the world of business, which have implications for business strategy management.

Video 82

More Trending

article thumbnail

Revolutionize Your Business with These Innovation Thinking Techniques – Expert Reveals Secrets

IdeaScale

Innovation thinking has become a crucial aspect of business success. In today's rapidly changing world, it's essential to stay ahead of the curve, and the best way to do so is by embracing innovative thinking. Innovation thinking is all about taking a fresh approach to problem-solving and finding creative solutions that can revolutionize your business. [.

article thumbnail

What Causes Us to Regret Key Decisions?

Michael Roberto

Source: Getty Images Do you find yourself often regretting the path not taken? What's causing those feelings? Is it affecting your job satisfaction, or your commitment to a key plan of action at work? Scholars Daniel Feiler and Johannes Müller-Trede have published a fascinating study about regret in the context of decision making. Prior research had shown that "decision-makers both anticipate and experience greater regret when they can observe the consequences of unchosen options.

Study 29
article thumbnail

6 Key Levers of a Successful Organizational Transformation

Harvard Business Review

Leaders, don’t overlook your employees’ emotional journey.

Change 102
article thumbnail

How lithium can jumpstart Latin American economies

Christensen Institute

Three Latin American countries–Chile, Argentina, and Bolivia–account for approximately 61% of the world’s identified lithium resources, notes Eduardo Porter, in his most recent Bloomberg opinion column. An essential component in lithium-ion batteries, these countries have a unique opportunity to jumpstart their advancement to high-income economies in the next decade.

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

Navigating the Sea of Information: Legitimacy in Content Creation and Detecting Truth on the Internet

helloFUTURE

In today’s digital age, the internet is awash with information, making it increasingly challenging to discern fact from fiction. With corporate innovators, startup founders, product managers, and future-focused individuals relying on accurate, high-quality content to make informed decisions, the importance of legitimacy in content creation cannot be overstated.

article thumbnail

Elevate Your Innovation Management Capability With ISO 56004 Assessment

PlanBox Innovation

This article originally appeared on Forbes. Innovation is the key to staying ahead of the competition and meeting the ever-changing needs of customers. To be successful, organizations must be able to effectively manage their innovation processes, from idea generation to commercialization. An Innovation Management Assessment (IMA) can help organizations identify gaps in their innovation capabilities and create an action plan for improvement.

article thumbnail

AI Can Be Both Accurate and Transparent

Harvard Business Review

Historically, tech leaders have assumed that the better a human can understand an algorithm, the less accurate it will be. But is there always a tradeoff?

article thumbnail

A Shortcut to Making Strategic Trade-Offs

Innovation Excellence

GUEST POST from Geoffrey A. Moore I read with interest the following article posted on hbr.org. It highlights the challenge facing every Executive Leadership Team in securing alignment around what they should prioritize, short versus long-term gains, high versus low-risk initiatives, and disruptive versus sustaining innovation.

article thumbnail

From Data to Decisions: Maximizing Retail Potential with 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

Debunking Open Innovation Myths with Oana Maria Pop

Viima

We are back with yet another Innovation Room Podcast episode. Today, Oana-Maria Pop shares her thoughts on fears that arise from all the myths and misconceptions shrouding open innovation. Oana-Maria has over a decade of experience in the innovation field. Currently, she is the Head of Open Innovation at Hype Innovation, engaging in consulting and training, and supporting marketing activities.

article thumbnail

Accelerating Cures with Artificial Intelligence: The Future of Medicine

Tullio Siragusa

Accelerating Cures with Artificial Intelligence: The Future of Medicine The search for cures to various diseases has been an ongoing process for centuries, with scientists and researchers tirelessly working to develop new medications and treatments. However, the traditional process of drug discovery is often slow, expensive, and fraught with failure.

article thumbnail

Face-to-Face Time with Your Employees Still Matters

Harvard Business Review

Four strategies to help leaders get creative about maintaining their visibility — without resorting to a “butts-in-seats” approach.

article thumbnail

Save on Charting Change Digitally for Two Weeks

Innovation Excellence

Wow! Exciting news! From now until May 26, 2023 you can get the digital version (eBook) of my latest best-selling book Charting Change for only $16.99! Sorry, unfortunately this sale doesn’t have a discount on the hardcover.

Change 81
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

A Silicon Valley CEO Thinks Paraguay Could Become One of the Top Leaders in AI Computation

Entrepreneur - Innovation

Want to learn more about the power of AI and business? Toufi Saliba is pushing AI machines forward for the future.

article thumbnail

Trends and Technologies Enabling Innovation in Supply Chain Traceability

ITONICS

Supply chains are in focus in an age of value-driven delivery, heightened consumer expectation, a volatile global economic landscape, and the pressing need for sustainable business models globally. The need for transparency within supply chains has emerged out of these factors.

Trends 67
article thumbnail

Employees Are Losing Patience with Change Initiatives

Harvard Business Review

A Gartner survey found that employees’ willingness to support enterprise change fell from 74% in 2016 to just 43% in 2022.

Change 100
article thumbnail

The Shareholder Value Myth

Innovation Excellence

GUEST POST from Greg Satell The Business Roundtable, an influential group of almost 200 CEOs of America’s largest companies, a few years ago issued a statement that discarded the old notion that the sole purpose of a business is to provide value to shareholders.

Groups 79
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

My Next Innovation Book: PIVOTAL

Stephen Shapiro

For the past few years, organizations have been reactively responding to disruptions caused by the pandemic. This has led to another pandemic, one of perpetual pivoting. Organizations have been spinning in circles, dissipating energy, causing confusion, and burning out employees. It is for this reason that I have been writing my seventh book. It is the antidote to this nonstop pivoting.

article thumbnail

Managing Innovation Strategies With Data | Sopheon

Sopheon

Former professional poker player Annie Duke once said , "Poker players taught me to understand what a bet really is: a decision about an uncertain future.” This insight extends beyond the felt and has long resonated with me as a guidepost for corporate investments, and, more specifically, to my area of expertise — innovation strategy investments.

article thumbnail

Leaders, Sharing Your Own Mental Health Story Can Help You Become a Better Ally

Harvard Business Review

Role modeling vulnerability shows that it’s possible to achieve professional success while navigating mental health challenges.

article thumbnail

Why Great Teams Embrace Failure

Innovation Excellence

And How to Do Failure Properly GUEST POST from David Burkus Failure is feedback. And that maxim is nowhere more true than on teams.

How To 80
article thumbnail

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.

article thumbnail

The Punctuality Paradox: The Ethics of Time

Phil McKinney

"Time is the most valuable thing a man can spend," said Theophrastus, a Greek philosopher. Many say time is money, but I think it's more precious than mere money. It's a resource that cannot be bought or saved. Each day grants us a grand total of 1440 precious minutes. After accounting for the recommended amount of sleep, we're left with a total of 960 minutes to use as we wish.

Meeting 52
article thumbnail

18 Best Entrepreneur Blogs for Women in Business

CMOE

As a woman in business, finding resources tailored to your unique experience is crucial for furthering your skills and knowledge in your industry. With the right information, you can transform your career and build a business aligned with your goals. For the best women’s entrepreneur blogs across the internet, CMOE has put together these 18 sites for exceptional inspiration, motivation, and advice to help women in business succeed. 1.

Tips 52
article thumbnail

To Implement Change, You Don’t Need to Convince Everyone at Once

Harvard Business Review

Rather than trying to convince skeptics from the outset, start with a small group of enthusiastic people.

Change 106
article thumbnail

A 90% Project Failure Rate Means You’re Doing it Wrong

Innovation Excellence

GUEST POST from Mike Shipulski For work that has not been done before, there’s no right answer. The only wrong answer is to say “no” to trying something new. Sure, it might not work. But, the only way to guarantee it won’t work is to say no to trying.

Project 60
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.