Sat.Jan 21, 2023 - Fri.Jan 27, 2023

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Ten Ways to Make Time for Innovation

Innovation Excellence

GUEST POST from Nick Jain Although the average American works 8.8 hours per day, most employees deliver peak productivity just 3 to 4 hours a day. Knowing this, you and your team can experiment with different time management strategies to maximize your peak hours.

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Helping discover your innovation pathway

Paul Hobcraft

You need to discover your innovation pathway. I started posting my thoughts on innovation in August 2010. I have written on this site alone, www.paul4innovating.com, by just coming up to a milestone of 700 posts focusing on innovation thoughts and opinions, so I just wanted to pause and think about all the different places I have tried to get the innovation message(s) out.

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Lessons in Candour from Pixar’s Braintrust

Destination Innovation

Ed Catmull In his book Creativity Inc., Ed Catmull, President of Pixar Animation and Disney Animation, explains the important role of the ‘braintrust’ in the creative success of Pixar. He starts by stressing the importance of candour. It is essential for open and honest discussion. The opposite of candour is reserve and there are many reasons why people should be reserved.

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Lean Continuous Improvement: Increase Productivity in 2023

Kainexus

If our conversations with business leaders are any indication, the theme of 2023 is how to get more productivity out of existing resources. The uncertain economy and difficult labor market are forcing leaders to think creatively about increasing productivity this year. Fortunately, Lean business process management is ideally suited for this challenge.

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Turn Payments Into Personalization: Unlock the Value of Transaction Data

Speaker: Loreal Lynch, Everett Zufelt, and Michaela Weber

Once upon a time, in the vast realm of online commerce, there lived a humble checkout button overlooked by many. Yet, within its humble click lay the power to transform a mere visitor into a loyal customer. 🧐 💡 Getting checkout right can mark the difference between a successful sale and an abandoned cart, yet many businesses fail to make payments a part of their commerce strategy even when it has a direct impact on revenue.

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Stereotype Threat: Why people perform worse at some tasks based on their identity

Idea to Value

Have you ever heard that women are bad drivers? Or that Asian students are good at math? Or that people who work in accounting are not creative? Well, there is a powerful psychological phenomenon which means that if someone is part of a group where there is a stereotype that they will underperform or be bad at a task, then that stereotype will actually make them perform worse.

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Innovations in Electric Vehicles and Energy Storage Materials

eZassi

It’s Electric! Innovative Energy Storage Systems for a Surging Market The power of open innovation and breakthrough R&D are transforming the electric vehicle and energy storage sectors and can be the keys to a global clean energy movement. National policy changes, consumer demand, and improved efficiency in batteries are all factors supporting this market growth and opportunity for commercialization.

More Trending

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ChatGPT did not write this blog

Jeffrey Phillips

There are a lot of folks thinking about the implications of ChatGPT, the new AI that has many writers worried about losing their jobs. I've seen posts online where people provided prompts to ChatGPT and found the resulting document to be comparable to a well-written, college level paper. Which has led, inevitably, to the claim that AI will replace humans and take their jobs.

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The Downside of Likemindedness

Innovation Excellence

GUEST POST from Rachel Audige You know that extra buzz of care you feel for people like you? That might be you caught up in like-mindedness bias. We have a tendency to seek out people like us and ideas like our own.

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Rules for Brainstorming: A Guide to Effective Brainstorming

Viima

Brainstorming is one of those hyped terms that these days has a reputation of its own because of the controversy surrounding it. Is it just a shallow activity, organizations do when they are stuck in a rut? Or is there an efficient way to go about it without wasting time? The debate still goes on, and both sides have valid arguments. The opposing sides of the debate are the experienced facilitators or managers who vouch for its value when done right, and the academic research that points out the

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What is the purpose of a manager nowadays?

Idea to Value

A few months ago, I saw a piece of research which has stuck with me. Research by Microsoft was looking into how Hybrid Work was working , and found out the following shocking statistic: 87% of employees feel like they are just as productive working remotely as they are in the office But 88% of managers feel like their team members are not as productive remotely That means only 12% of managers feel like their team is being productive in an environment where they are not visible to the managers.

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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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How can you map out your Innovation Mix by Category and Level?

IdeaScale

Innovation can be optimized by taking a strategic approach to your innovation mix. Creating an innovation strategy leaves room for organic innovation, but ensures your approach is proactive and built with sustainability in mind. While the evolving market, economy, and organizational changes may create the need to pivot, mapping out your upcoming innovations by category [.

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The ecosystem evolution of microschools

Christensen Institute

“Why is a book hanging there?” That’s a question my 11-year-old son sprang on our family recently while we were waiting in line for a ride at an amusement park. The line was designed to look like an old movie set, and he had spotted a payphone. The phone itself—an artifact predating his lifetime—was an idea he was familiar with. But the book hanging under the phone was a mystery.

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Maximizing Venture-Backed Company Success: The Importance of VC Investment in Operating Partners

Tullio Siragusa

Maximizing Venture-Backed Company Success: The Importance of VC Investment in Operating Partners Venture capital (VC) firms have long been a key source of funding for startup companies, providing the necessary capital to help these businesses grow and succeed. However, despite the vital role that VCs play in the startup ecosystem, the success rate of venture-backed companies is still relatively low.

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The Ultimate Guide to the Phase-Gate Process

Viima

While improvisation might bring the zest to a comedy performance or to your Saturday night’s Bolognese sauce, in the world of innovation a systematic approach is the way to go. And the zest here is a fitting and well-thought-through innovation management process. It has been a hot minute since we last cover ed the topic. So, for the New Year, we will dust off our knowledge and insights and share updated guides to innovation management techniques.

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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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What The Fastest-Growing Companies Have In Common

Entrepreneur - Innovation

Why do some ventures realize strong success and rapid growth while others do not? Common traits are shared among many of the world's fastest-growing companies that others can adopt to succeed in 2023 and beyond.

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Screening for mental health is a step in the right direction, but not the final destination

Christensen Institute

Over the last few years, acknowledgement of mental health disorders and their treatment rightly got a place in the limelight. Rates of anxiety and depression increased drastically in 2020 alone. Luckily, patients are not the only ones discussing the need for mental health treatment: health care experts, politicians, and more are bringing mental health issues to the forefront of health care conversations.

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Connecting Continuous Improvement to the Bottom Line: Webinar Recap

Kainexus

We recently had the honor of hosting Nick Katko, President and Owner of BMA and author of several books, including The Lean CFO - 2nd Edition and co-author of Practicing Lean Accounting , on a webinar with KaiNexus Senior Advisor Mark Graban, and Senior Director of Lean Strategy, Chris Burnham.

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How Startups Can Land a Second Meeting with a Corporate Partner

Harvard Business Review

Researchers attended 150 meetings between start-ups and corporations including IBM, Sony, L’Oréal, Toyota, and AstraZeneca.

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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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Will CHATgpt make us more or less innovative?

Innovation Excellence

GUEST POST from Pete Foley The rapid emergence of increasingly sophisticated ‘AI ‘ programs such as CHATgpt will profoundly impact our world in many ways. That will inevitably include Innovation, especially the front end. But will it ultimately help or hurt us?

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Innovation: How Banks and Businesses Can Fight Fraud and Chargebacks Should Regulation Fail

Entrepreneur - Innovation

With the CFPB's future in the hands of the Supreme Court, Chargebacks911 Founder Monica Eaton says more collaboration between banks and businesses is needed to protect themselves and consumers should a decades worth of regulation be undone.

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6 Best Practices to Help You Drive Effective Strategic Portfolio Management

ITONICS

In this article, we unpack the Gartner® 6 practices for effective portfolio management and how it provides an action plan to help organizations achieve their desired strategic outcomes.

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How to Talk with Your Team About the Elephant in the Room

Harvard Business Review

A five-step process to discuss problems that feel too threatening, too uncomfortable, or too hidden to bring to the surface.

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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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3 Things for the New Year

Innovation Excellence

GUEST POST from Mike Shipulski Next year will be different, but we don’t know how it will be different. All we know is that it will be different. Some things will be the same and some will be different. The trouble is that we won’t know which is which until we do.

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Becoming More Innovative

Mike Shipulski

It’s difficult to describe what an innovative company looks like, and there’s no singular recipe or direction that is right for all companies. Here are some From: To: pairings that I hope will help you in your migration toward innovation. You’re heading in the right direction as your company generates Tos and fewer Froms. From: No one is asking for that technology.

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How could SouthWest Airlines spend A Billion Dollars for IT Modernisation

Rmukesh Gupta

One of the biggest news story this last Christmas season was the cascading effect of flights being cancelled by Southwest Airlines. According to their SEC filing, they had to cancel more than 16700 flights over the holiday period in December, costing them an estimated $725million-$825 million. The reason for this cascading effect was a perfect storm of outdated technology, a natural storm and their very own business model (point to point service instead of the hub and spoke model that almost all

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Women Get “Nicer” Feedback — and It Holds Them Back

Harvard Business Review

Research found that a fictional “Sarah” got much kinder feedback than “Andrew,” even when their performance was identical.

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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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Five Questions All Leaders Should Always Be Asking

Innovation Excellence

GUEST POST from David Burkus Leaders don’t need to have all the answers. That sounds counterintuitive. There is a lot of pressure on leaders to have the right answers and to solve problems that team members can’t solve on their own.

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4-Step Strategy Reporting Process (With Template)

Cascade Strategy

Are you tired of struggling with collecting data from multiple sources and organizing them into meaningful strategy reports? Confused about how to effectively measure and communicate progress? Tired of having your strategies falling flat and lacking support?

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Thought Leader and Influencer Interview with Marie-Claire Ross, Speaker, Mentor, Facilitator, Trustologie

Thinkers360 - Thought Leader Interviews

At a Glance Marie-Claire Ross, Speaker, Mentor and Facilitator, Trustologie Focus Areas: Management, Leadership, Culture, Health & Safety. Thinkers360 In-Depth Profile & Portfolio: Marie-Claire Ross Social Media: LinkedIn | Twitter Books: Trusted to Thrive: How leaders create connected and accountable teams , Transform your Safety Communication.

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What Do You Like About Your Job?

Harvard Business Review

Ask yourself these three questions to figure it out before you make your next move.

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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.