Sat.Apr 02, 2022 - Fri.Apr 08, 2022

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Podcast S7E156: Andy Binns – How corporations can beat startups at innovation

Idea to Value

In today’s episode of the Idea to Value Podcast , we speak with Andy Binns, Co-Founder of Change Logic and author of Corporate Explorer: How corporations can beat startups at the innovation game. Andy has worked as a strategic advisor to Leaders for decades, with experience at McKinsey, IBM and now Change Logic. We speak about the myth of only startups being able to innovate, and what it takes for large corporations to be able to execute disruptive innovations.

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Leading Through Uncertainty

Digital Tonto

It is through managing complexity, not avoiding it, that we can most effectively impact the world. The truth is that uncertainty is only a problem if you try to control it. The framers of the US. [[ This is a content summary only. Visit my website for full links, other content, and more! ]].

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How can we Combat the Peter Principle?

Destination Innovation

Laurence Peter (1919-1990). The Peter Principle was expounded in the 1969 book of this name by Canadian educator, Laurence J. Peter. It states that people in a hierarchy tend to rise to their level of incompetence. They are promoted based on their success in previous jobs until they reach a level at which they are no longer competent. They then stay there.

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The Ultimate Competitive Advantage: Investing in Your Employees

Business and Tech

As work evolves into hybrid and remote models, companies must also evolve their thinking on recruitment, retention, and growth. The way we work is changing. Employees overwhelmingly prefer hybrid models of work and enjoy more power in the job market than ever before. The companies that adapt to this new reality successfully will be the ones that take investing in their employees seriously.

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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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Could your team cut down meetings to only two days a week?

Idea to Value

Is your team having too many meetings? Do you ever come to the end of a workday and feel stressed because instead of getting any productive work done, you have spent nearly the whole day in back-to-back meetings? Ben Laker and his team recently conducted some research across 76 companies into the impact of reducing the number of meetings which teams have, and they just published their findings in HBR.

Meeting 247
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Sustainability will increasingly come through innovation ecosystem designs

Paul Hobcraft

Making Sustainability central to our future innovation capability building will be through the adoption of taking on a new open ecosystem approach. Broader collaborations will become central for future organizations to find ways to cooperate, network and build relationships, that recognize the partnership value, to achieve a sustainable, future business that offers impact and connected design for customers to value, that meets their changing needs.

Design 130

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How to Create a Competitive Advantage Through Innovation

InnovationManagement

In the modern world of business, innovation is both an equalizer and a differentiator. It can give tiny startups an edge over global conglomerates and enable industry leaders to develop competitive advantages. The post How to Create a Competitive Advantage Through Innovation appeared first on InnovationManagement.

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Humans are social animals, and being excluded stresses us out

Idea to Value

If there is one chemical in our body which can impact our well-being and creative performance, it might just be cortisol. Cortisol is a natural hormone produced in our bodies with a number of functions, but one of the primary functions is to feelings of stress. This evolved hundreds of millions of years ago in order to protect us from danger. For example, when we feel stressed, our bodies release cortisol in order to allow more glucose to be used in the body, such as by our legs to run away from

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Design Thinking Human-centered Approach to Innovation

Tullio Siragusa

Design Thinking Human-centered Approach to Innovation. As today’s world advances, modern society brings a new set of complexities that the same thought processes of yesterday cannot solve. Long established solutions may not effectively cope with the changing environment. This is where Design Thinking steps in to create better solutions, services, and experiences to solve our current problems. .

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THE EXQUISITE CORPSE

Michael Michalko

It is not possible to think unpredictably by looking harder and longer in the same direction. When your attention is focused on a subject, only a few patterns dominate your thinking. These patterns produce predictable ideas no matter how hard you try. In fact, the harder you try, the stronger the same patterns become. If, however, you change your focus and combine your subject with something that is not related, different, unusual patterns are activated.

Handbook 111
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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.

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How to Innovate Your Business to Make It Climate Efficient

InnovationManagement

Climate efficiency is key for the future of everyone on this planet. With an issue of such magnitude, you may feel that individual actions cannot make a large impact. While your business by itself cannot solve global warming, the actions you take can inspire others and can have a much bigger impact than you may realize. The post How to Innovate Your Business to Make It Climate Efficient appeared first on InnovationManagement.

How To 110
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Build it, and they won’t come

Idea to Value

In the 1989 movie Field of Dreams , Kevin Costner’s character builds a baseball field within his corn farm after a ghostly voice tells him “If you b uild it, he will come” In this case, the “he” refers to Costner’s character’s dead father. Since then, especially in entrepreneurial companies and startups, the phrase has been changed to “If you build it, they will come” , which suggests that if you create a new product, customers will find the

Marketing 234
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Can learning ecosystems work? (Part 1)

Christensen Institute

Key Points. Students benefit from a range of learning experiences that happen outside of schools and classrooms. Might it be possible to develop learning ecosystems that stack various learning experiences together to create a formal education? Modularity Theory sheds light on what learning ecosystems would need to be viable for mainstream public education.

Learning 105
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HOW TO SEE AND FORCE RELATIONSHIPS INTO NEW IDEAS BETWEEN UNRELATED SUBJECTS

Michael Michalko

If one particular thinking strategy stands out about creative genius, it is the ability to make juxtapositions that elude mere mortals. Call it a facility to connect the unconnected that enables them to see relationships to which others are blind. They set their imagination in motion by using unrelated stimuli and forcing connections with their subject.

How To 105
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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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Five Product Innovation Misconceptions You Should Ignore

Sopheon

Product innovation is a difficult process, and it’s even more challenging when your path forward is based on inaccurate conceptions about the process. The post Five Product Innovation Misconceptions You Should Ignore appeared first on Sopheon.

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Done is better than perfect

Idea to Value

If I just spend another week in the editing room, I can get the colour levels just right. If I just do another month worth of focus group testing, maybe I will get that killer insight. If I just have another branding workshop, I will finally be happy with our company logo and then we can start working on the product. When it comes to working on anything creative or innovative, it can be tempting to just spend that little bit more time and effort taking what you have and polishing it until you fe

Groups 214
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Innovation in action: CBE and bridging the college to career gap

Christensen Institute

Welcome to our first “Innovation in action” piece, where we ask leaders in the postsecondary and K–12 space to discuss what innovation looks like within their community, institution, or school; why they believe it has the potential to help students; and tips for successful implementation or scale. At the end of each piece, we ask one of our education researchers to weigh in on what Theories of Disruptive Innovation have to say about the innovation.

Course 98
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Next-Gen Diagnostics: At-Home COVID Testing

Wellspring

According to NBC, this year’s Super Bowl viewership rose 16% from 2021 , with over 112.3 million viewers tuning in to watch the championship game. While football is the main event, the halftime show and commercials draw in their own audience. This year, alongside funny ads and new product announcements, CueHealth used this time to show off their home COVID-19 test - a potential game-changer for at-home diagnostics.

Data 98
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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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How to Find and Refine Valuable Ideas for Your Organization

Entrepreneur - Innovation

Instead of moving forward with every idea, learn to identify the best opportunities through careful evaluation.

How To 118
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An opportunity to co-design women's sportswear due to a school design initiative

IdeaSpies

Women's sport went professional more than 40 years ago and yet it is still heavily unfunded and supported.

Design 108
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3 lessons on creating a successful enterprise: Managers in growth markets should take note.

Christensen Institute

While on my way back on a trip from Sierra Leone working with the team at Water4 , which provides affordable access to safe and clean water for thousands of Sierra Leoneans and across Africa, I had the opportunity to re-read The Innovator’s Solution authored by Michael Raynor and the late Harvard Business School Professor Clayton Christensen. This was one of the first books that I read that made me really interested in the work at the Christensen Institute, and I continue to refer to its insight

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What Does the Concept of “Lean” Mean in Business?

Kainexus

The modern business landscape is full of buzzwords and passing management fads, so it isn't surprising if you hear of a new "methodology" and just let it go in one ear and out the other. However, it's a good idea to make an exception for Lean business management. The Lean approach is one of the most widely used structures for continuous improvement worldwide for good reasons.

LEAN 84
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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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5 Ways to Provide a Positive Customer Experience in Ecommerce

Entrepreneur - Innovation

Today, consumers have many online shopping options to choose from, making the customer experience a key competitive differentiator for ecommerce companies.

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Should You Have a Department of Artificial Intelligence?

Innovation Excellence

GUEST POST from Arlen Meyers Several hospitals, academic medical centers and medical schools are creating artificial intelligence organizational centers, institutes and programs. Examples are Stanford, the University of Colorado , Children’s Hospital of Orange County and Duke.

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Three Practical Tips to Supercharge Your Next Online Innovation Event

PlanBox Innovation

This article originally appeared on Forbes. Capturing and maintaining people’s attention during any innovation event is hard enough as it is, and the current imbalance between in-person and remote work, along with unpredictable travel restrictions, makes this all the more challenging. But it’s not all doom and gloom. Online innovation events have the unique potential to cut through barriers and empower people to connect and collaborate on an even footing no matter where they physically reside

Tips 78
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How to innovate when failure isn’t an option

Strategyzer Innovation

Imagine you’re the head of an innovation team in one of the world’s leading aerospace companies. Your job is to innovate on a mandate to both connect and protect people, to explore outer space, and to provide life-saving supplies to those in need. Failure, it would seem, is not an option.

How To 77
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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.

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How Success Happened for Anouck Gotlib, CEO of Belgian Boys

Entrepreneur - Innovation

Anouck Gotlib runs a business that makes everything from breakfast to dessert, but if you ask her, she'll tell you that she runs a happiness company.

Company 68
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Accelerate Your Mission

Innovation Excellence

Moving Beyond Luck, Genius and Heroics BMNT Editor’s note: This blog series will explain the common beginner-steps needed to get an innovation practice off the ground, like creating an innovation thesis, organizing a minimum viable team, operationalizing the Innovation Pipeline®, … Continue reading →

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Using Idea Management Tools For Better Innovation Outcomes

ITONICS

A new idea is only as good as the innovation ecosystem that surrounds it. Managing ideas in a systematic and structured way ensures that ideas address the right goals, with the right people involved at the right time—from initial idea generation by those closest to a particular business function, to prioritization and execution by leadership teams and technical experts.

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Is Your Article in the Top 10 on IdeaSpies?

IdeaSpies

IdeaSpies is rated as a Top 100 Innovation Blog (no 26) worldwide and special thanks for this success go to those whose (Feed generated with FetchRSS )

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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.