Sat.Apr 03, 2021 - Fri.Apr 09, 2021

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The Critically Important Innovation Narrative

Paul Hobcraft

Whatever we do, we do far better when we become emotionally connected. Often understanding a good story builds this emotional connection or simply puts you off. Stories can inspire and spark even greater ideas. The art of storytelling and making connections with the listener or reader has incredible value. A story has limited value; for me, it is the more powerful narrative that drives innovation, inspiring and gaining identification in multiple ways.

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Five Barriers to the Innovation Process and How to Overcome Them

IdeaScale

It would seem that the innovation process is simple: Get an idea, refine that idea, implement it, and repeat the process. Yet like anything that’s simple to put on paper, practice is another matter. Here are five common problems with the innovation process and how to resolve them. Challenges in “Buy-In”. This, by far, is the most common challenge faced across companies.

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The Top 25 Most Influential Innovators

Innovation Leader

2020 was a brutal year that separated a few forward-looking companies that continued to invest in innovation from the rest of the pack. From mRNA vaccines to streaming services to commercial spaceflight, here’s our list of the Top 25 Most Influential Innovators working inside big organizations.

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The Double-Handed Approach to Innovation

Destination Innovation

Most new products and services are developments or combinations of existing offerings. But just adding features can lead to a product overloaded with ‘feature bloat’ Instead try giving with one hand and taking away with the other. Add something different and take away something of little value. Start by focussing on the market leading product (or products).

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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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Podcast S5E110: Jeff Wald – The End of Jobs

Idea to Value

In today’s episode of the Idea to Value podcast, we speak with serial entrepreneur and investor Jeff Wald. Jeff’s most recent company, Work Market, an enterprise software platform that enables companies to manage freelancers was acquired by ADP in 2018. We speak about some of research behind understanding how the job market has changed over the past decades, and what this says about how it will change in the future.

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There Will Always Be People Who Want To Kill Change. Here’s How To Outsmart Them

Digital Tonto

Look at anyone who has truly changed the world and they encountered significant resistance. In fact, while researching my book Cascades, I found every major change effort, whether it was a political. [[ This is a content summary only. Visit my website for full links, other content, and more! ]].

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A Look Back at Crowdsourced Innovation in 2020

IdeaScale

Crowdsourcing can influence innovation. According to a 2017 survey, 86% of companies who incorporate crowdsourcing in the workplace cite employee engagement as a top priority. This gives everyone an opportunity to share ideas about the issues that affect them. Data gathered from IdeaScale’s innovation communities provides benchmarks and insights for innovators creating new crowdsourced innovation programs.

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Stability

Idea to Value

What is more stable: A pure diamond or pure graphite? And what does this have to do with innovation? Both of these are a pure form of the element Carbon, so chemically at the atomic level they are identical, but structurally diamond is the hardest natural material in the world, whereas graphite is brittle and soft. We would expect therefore for diamond to be the most chemically stable form of pure carbon.

Company 201
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Strategic Agility: The Leadership Survival Skill of the Year

InnovationManagement

Chaos might have defined the year that was 2020, but that turmoil helped business leaders learn a new skill that will serve them well in the years to come. The post Strategic Agility: The Leadership Survival Skill of the Year appeared first on InnovationManagement.

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The Critically Important Innovation Narrative

Paul Hobcraft

Whatever we do, we do far better when we become emotionally connected. Often understanding a good story builds this emotional connection or simply puts you off. Stories can inspire and spark even greater ideas. The art of storytelling and making connections with the listener or reader has incredible value. Yet, a story has limited value. For me, it is the more powerful narrative that drives innovation, inspiring and gaining identification in multiple ways.

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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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Here's What AI Will Never Be Able to Do

Entrepreneur - Innovation

While artificial intelligence and data-driven technologies are powerful, they can never master the mysterious impulses of human creativity that lead to breakthrough innovation.

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The G.I. Joe Fallacy: Knowing is not enough

Idea to Value

I have a problem. One of my missions in life is to help spread facts and knowledge which helps individuals improve their creativity and innovation capabilities. I make a concerted effort to ensure that this advice is evidence-based, so that people can use that knowledge to make changes in their lives which should be proven to work. However, recent research shows that this may not be enough.

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Slow Innovation: decelerating in a high-speed world

Board of Innovation

Speed has long been seen as a trademark of innovative companies – maybe it’s time for a different approach; see how slow innovation can help you manage in a high-speed world. The need for speed Let’s face it, we live in a time where we expect everything done quickly. We praise the fastest sprinter, crave […]. The post Slow Innovation: decelerating in a high-speed world appeared first on Board of Innovation.

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Why do digital transformation initiatives derail and how to bring them back on track?

Acuvate

Why do digital transformation initiatives derail and how to bring them back on track? The COVID-19 pandemic has brought the future of business to your doorsteps in terms of where and how work is done. CIOs are rapidly integrating cloud, APIs, microservices, AI and other emerging technologies into their business operations in the hope of […]. The post Why do digital transformation initiatives derail and how to bring them back on track?

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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 Vital Idea Crowdsourcing Best Practices from the 2021 Suez Canal Obstruction

Qmarkets

In recent years, the concept of crowdsourcing has become an increasingly common tool used in response to large scale crises and world events. From the BP Gulf of Mexico oil spill in 2010 to the Covid-19 solutions marketplace in Israel last year, crowdsourcing has been proven as an effective way to gather solutions and solve problems. So, in March 2021 when one of the world’s busiest trade routes became firmly blocked by a large container ship, it was another opportunity for crowdsourcing to prov

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I shaved my head

Idea to Value

Nobody knows exactly what the future is going to look like. This is especially true in business , and one of the main reasons why it can be so hard to get buy-in for new ideas. But in some cases, we can see what is coming up on the horizon and prepare for it. That is exactly why I just shaved off 99% of my hair. As I’ve previously written, I’m slowly getting older (actually, come to think of it, I’m getting older exactly as fast as everyone else…).

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Play Bold: Dear madam, please help me I lost my focus

Innovation 360 Group

Many call her the Swedish 007. Christina Bengtsson is a global thought leader on mastering focus, a former military officer and world champion precision shooter, as well as a praised author and coach. The post Play Bold: Dear madam, please help me I lost my focus appeared first on Innovation360.

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How leading businesses are making an impact

Board of Innovation

5 secrets of how leading businesses are building a better world and making an impact. Social and environmental challenges are becoming more pressing by the day, setting in motion societal transformations that will impact economic and social life in the decades to come. At the same time, awareness is growing among corporations and they are […].

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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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The Art of Decision-making as an Innovation Leader

Viima

As we all know, innovating and creating something new is usually seen, for good reason, as an important, yet highly risky endeavor. As such, innovation leaders are constantly under a lot of pressure from many different directions. Now, when we talk about innovation, we often focus on the more practical side of things related to the topic, such as processes , best practices , and tools.

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R&D investment grew by nearly 12% in Q4 of 2020?

Commodore Innovation

Research and development expenditure grew dramatically in Q4 of 2020—by nearly 12% compared with Q3. However, just three sectors accounted for most of that growth: pharmaceuticals, biotechnology & medical research, and software & IT services. Excluding these three sectors, R&D … The post R&D investment grew by nearly 12% in Q4 of 2020?

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How to Sharpen Your Intuition to Make Better Decisions

Tullio Siragusa

How to Sharpen Your Intuition to Make Better Decisions. Intuition can be described as something that helps one make decisions from instinctive feelings rather than conscious reasoning. There are some people who have what is often referred to as an inner voice, that guides them about what to do and when to do it. That little voice is often right, and it is an art learning to listen to it and follow it.

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Takeda's CTO on Building Technology Roadmaps

Innovation Leader

How do Chief Technology Officers build roadmaps to implement new technologies? And, how do they leverage data to innovate? Leo Barella, Chief Technology Officer at Takeda Pharmaceutical Company, explains.

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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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The Challenge of Creating Smart Products

Sopheon

You are using features across products while managing feature and product releases. but how can you keep everything aligned and coordinated? The post The Challenge of Creating Smart Products appeared first on Sopheon.

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3 key success factors for setting up a Corporate Venture Builder

Articles from GroundControl

What is a Corporate Venture Builder A Corporate Venture Builder is an innovation department that creates new corporate startups in succession. Corporate Venture Builders spin out startups to commercialize new products, services, or intellectual property and often have business models that are fundamentally different from that of the parent company. The Corporate Venture Builder looks […].

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What Impact Did 2020 Have on Innovation?

InnovationManagement

2020 revealed our fragility and our capacity for adaptation, and what IdeaScale's 2021 State of Crowdsourced Innovation report reveals is improved innovation capability from faster implementation rates to more engaged leadership. Let's look at some trends and takeaways from this year's report. The post What Impact Did 2020 Have on Innovation? appeared first on InnovationManagement.

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How Moderna’s CDO Leverages Software & Automation for Speed

Innovation Leader

Moderna’s Chief Digital and Operational Excellence Officer shares insights on how the company’s digital infrastructure supported the design and production of the company’s COVID-19 vaccine.

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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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do you feel empowered to take action on the future?

helloFUTURE

One of the vital life learnings which many dismiss is that “life is change” It has been my mission to help people and organizations deeply understand this fact of nature, learn to deal with this fact, and use it to forge their ideal futures. Part of forging your future is being and feeling sufficiently empowered… The post do you feel empowered to take action on the future?

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Gender Role in Creative Thinking – Not What You Think!

Innovation in Practice

Guess who’s more creative – men or women? . Well, neither is more creative than the other because both are equally creative. They just have different roles in terms of their creative output. At the end of the day, men and women can both knock it out of the park when it comes to creative ideas. . It’s just a matter of finding that sweet spot of innovation and finding the right techniques to boost creativity – no matter the gender.

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5 Ways to Overcome the $1 Million Paradox

InnovationManagement

Inside large companies, the first $1 million in revenue that a new idea generates often triggers skepticism: how big can this idea really get? Corporate innovators need a strategy for addressing that skepticism. The post 5 Ways to Overcome the $1 Million Paradox appeared first on InnovationManagement.

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Member Spotlight: Tom Wagner, AstraZeneca

Innovation Leader

Tom Wagner is the Director of Digital Research, Knowledge Management & Market Intelligence at AstraZeneca. We spoke with Wagner as part of our IL Member Spotlight series, which profiles our members.

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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.