Sat.Jul 09, 2022 - Fri.Jul 15, 2022

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Five Myths That Kill Change and Transformation

Innovation Excellence

GUEST POST from Greg Satell I first became interested in transformation in the fall of 2004. I was managing a leading news organization in Kyiv, Ukraine when the Orange Revolution broke out.

Change 83
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Designing Effective Change Tactics Starts With Viable Targets

Digital Tonto

When we’re passionate about something, we want to take action. We want to launch an initiative, start a business, hit the streets, get stuff done. Yet our bias for action can be a trap that. [[ This is a content summary only. Visit my website for full links, other content, and more! ]].

Design 226
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Don’t Lose Your Best People. Use the 9-Box Grid to Grow Your Future Talent.

Leapfrogging

Keep and develop your best people to create a high-performance culture and competitive advantage. Hiring good people is tough. Retaining your best talent can be equally challenging. In today’s disruptive world, competitive advantage relies as much on people as it does technology. So, how do you objectively know which people are your all-stars, especially in a bigger organization?

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How Fintech Can Deliver on Its Social Impact Promises

Harvard Business Review

Digital financial companies are making big claims about financial inclusion — but are failing to disclose data that backs up their efforts.

Data 128
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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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Transforming classroom practices by meeting teachers’ Jobs to Be Done

Christensen Institute

Over the last two and a half years, if there was a glass-half-full way of looking at COVID-19’s effect on education, it was to consider how the challenges created by the pandemic might also catalyze innovation. Remote learning led to substantial investments in devices, software, and connectivity that could serve as basic infrastructure to support innovative approaches to teaching and learning.

Meeting 98
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Why Wellspring Chose to Raise Capital in 2022

Wellspring

Today, Wellspring announced a significant capital raise. You can read the press release to learn more about Resurgens , our new growth partners, and the deal itself. In this post, I’d like to focus on the bigger picture — why it made sense to raise a fresh round of capital, why 2022 was the right time, and why I’m deeply excited for Wellspring’s future.

More Trending

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Does Elon Musk Have a Strategy?

Harvard Business Review

A look across Tesla, the Boring Company, SpaceX, and his other companies reveals a consistent vision, organization, and ability to mobilize resources.

Strategy 125
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Abortion: The imperative to reflect reality, not a false dichotomy

Christensen Institute

Our nation is in the midst of multiple crises, and it’s hard to see how we’ll get through any of them. But when it comes to abortion, rethinking the categories we use to discuss this particular crisis sheds light on how we can move forward. The Supreme Court’s recent Roe v. Wade decision marks yet another one-size-fits-none approach propelled by an unprecedented era of extreme political polarization.

Study 98
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How “Core” Innovation Has Landed the Supply Chain in Its Current Mess

Wellspring

Get a look at how the supply chain has missed on innovation in the past, and why strategic innovation is proving to be the way forward. This article was originally published on Supply & Demand Chain Executive.

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Raising Lean Thinkers in a Lean House

Kainexus

Karidja Sakanogo joined us on our Continuous Improvement webinar series to share the core values and dimensions of Lean management that can alleviate parenthood. You can watch the webinar recording here or read the webinar transcript below.

LEAN 87
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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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Adding More Data Isn’t the Only Way to Improve AI

Harvard Business Review

Four strategies to boost your algorithm’s accuracy — especially as it relates to the physical world.

Data 125
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How the Customer in 9C Saved Continental Airlines from Bankruptcy

Innovation Excellence

GUEST POST from Howard Tiersky When Gordon Bethune took over as CEO of Continental Airlines in 1994, the carrier had just emerged from its second bankruptcy and was headed for their third and potentially final round.

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How to Define the Right Search Criteria in Emerging Technology Scouting

ITONICS

Which emerging technologies will be game-changers for your industry? Recognizing this early can be a great asset to your business. To adapt to changes in the market, companies must research technological breakthroughs and use them to develop products and services to meet evolving consumer needs.

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My Favorite Mistake, Your Favorite Mistake? Learning From Mistakes as Individuals and Organizations

Kainexus

Mark Graban, Senior Advisor at KaiNexus, joined us on our Continuous Improvement webinar series to talk about My Favorite Mistake, Your Favorite Mistake? Learning From Mistakes as Individuals and Organizations. In this webinar, you'll learn and hear stories about: · Why it’s important to admit mistakes to ourselves · How to reflect on mistakes without being too hard on ourselves · How to prevent repeating our mistakes · Key leadership behaviors that create a culture where it’s safe for people to

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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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What You Lose with Your New strategy

Harvard Business Review

Changing your strategic priorities will inevitably come with downsides. Here’s how leaders can address those losses head on.

Strategy 104
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Bullying Doesn't Just Happen in Schools. Here's How to Turn a Workplace Culture of Bullying to a Culture of Innovation

Entrepreneur - Innovation

In today's workplace, you need a culture that allows people to be their best -- inclusiveness and acceptance are essential.

Culture 76
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Supply Chain Innovation (Part 2): Developing Future-Fit Supply Chains

ITONICS

As a variety of factors continue to impact the global economy, the clear call for companies to prioritize foresight and innovation across business activities is more relevant than ever. In this blog, we look at the role of foresight and innovation in supply chain management to anticipate and respond to future requirements for supply chains. Moreover, we provide three k ey factors to ensure future-fit supply chains.

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A Framework for High Performance Leadership

Rmukesh Gupta

Premise: I read a post by Michael McCune on Gartner’s blog about thought leadership and it resonated really well with me. In the post, he talks about the importance of original thought provoking content. Content that deepen’s someone’s understanding of their own challenges and how to solve them by sharing an insight that is either original or is non-obvious has significant impact.

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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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Build Learning into Your Employees’ Workflow

Harvard Business Review

Developing employees’ skills doesn’t have to be disruptive. In fact, research suggests it shouldn’t be.

Learning 101
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What Did the Pandemic Teach Us About New Product Development?

Planview

In this post, you will find questions and answers from an incredibly timely and informative webinar that provided crucial new product development best practices based on lessons learned from the pandemic. The information collected in these Q&As will act as valuable assets for anyone wanting to make clear the real need for more adaptive product development and to show that an accelerated process is still highly possible, even in the face of consistent disruptions.

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14. Your Market Research Sucks! (part 1 of 2)

Stephen Shapiro

Tip 14 from Best Practices are Stupid…remember this is from over 10 years ago. Splitting this into two posts. Imagine you are a hearing aid manufacturer and you want to develop the next generation of product. You conduct surveys and focus groups and discover that nearly 80% of the hearing impaired population, despite the recommendations of their health care provider, refuse to wear hearing aids, mainly citing cost as the key reason.

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Design Thinking: a Global Study on Implementation Practices in Organizations from HPI

InnovationTraining.org

Top insights from this 2022 Hasso Plattner Institute study. In 2015, the Hasso Plattner Institute (HPI) and the Stanford Design Thinking Research Program conducted one of the most extensive global studies looking into the state of design thinking in organizations. A replicative study was done more recently in 2021 , reviewing the development of the last six years and outlining the future of design thinking in organizations.

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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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What Makes Innovation Partnerships Succeed

Harvard Business Review

Collaborations often start with high hopes — then break down. Here’s how to actually make them work.

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What is Innovation Accounting? Explained by Artificial Intelligence

IM Insights

By Elijah Eilert. My friend Mark Vaughn recently found this interesting tool – OpenAI. In a group chat with friends, we had some fun with it, writing poems and asking the AI silly questions. Needless to say, I wanted to see how well the answer to this question would turn out: What is innovation accounting? “Innovation accounting is a framework for measuring and managing the progress of innovative initiatives.

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13. Lessons from Indiana Jones®

Stephen Shapiro

Tip 13 from Best Practices are Stupid. Here I explore the lessons from one of my favorite movies of all time. In 1989’s “Indiana Jones and the Last Crusade,” the nerdy archeology professor Indiana Jones advises students to “forget any ideas you’ve got about lost cities, exotic travel and digging up the world. We do not follow maps to buried treasure, and ‘X’ never, ever marks the spot.”.

Study 52
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Episode 100: Which Technique is Best for Certain Situations

Innovation in Practice

Have you ever wondered if certain creativity techniques are better to use in certain situations? If so, this episode is for you. As you know by now, creativity is a skill that anyone can learn. It is a structured process and involves using structured techniques. These techniques are patterns that mankind has used for thousands of years to create new solutions without consciously realizing it.

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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.

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How Fair Is Your Workplace?

Harvard Business Review

To shape a more equitable employee experience, leaders should ask themselves these four questions.

Resources 107
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Why AI Models Turn Out Bad: Its Our Fault

helloFUTURE

Recently, there was a story about an AI model that used 4chan to learn behaviors. Needless to say, the AI it created was pretty horrible. Prior to that, there was another story about an AI trained on Reddit. It, too, turned out to be pretty terrible. Even before that, Microsoft created a bot called Tay… The post Why AI Models Turn Out Bad: Its Our Fault appeared first on IDEATE + EXECUTE.

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Customer Experience – The Forever Gift

Innovation Excellence

GUEST POST from Shep Hyken Nothing lasts forever … or does it? If something could last forever, what would the business model look like?

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The V2MOM framework: why and how to use it + 4 tips

Cascade Strategy

Salesforce co-founder and co-CEO Marc Benioff developed the V2MOM framework in the early days of the company as a management process tool.

Tips 52
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Mapping Digital Transformation: Retail’s Strategic Shift

Speaker: Jennifer Wright, Michael Scholz, Jasmin Guthmann, and Scott Canney

Digital transformation in retail is so much more than new technology. You need to get your whole organization, from entry-level workers to executives, on board with the new tech, new skills, and culture changes that digital transformation brings. Leading this mindset shift can be a daunting task… but that’s where this webinar comes in! Join our panel of experts as they guide you through the challenges of digital transformation, preparing you to avoid common mistakes and make the most of incredib