Sat.Oct 29, 2022 - Fri.Nov 04, 2022

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12 open innovation best practices for the year to come

HYPE Innovation

Did you know that not that long ago, drones were one of the bestselling Christmas presents ?

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How Can Business Transformation Reduce Costs?

Kainexus

Our recent conversations with business leaders clearly show that the disruption of COVID-19 and changing market conditions have left them thinking about costs in a different light. The "new normal" has forced them to shift from simple cost reduction to cost transformation. The tricky part is that for an actual cost transformation, organizations must adopt optimal cost behaviors that last over time.

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Spotting Frauds and Hucksters

Innovation Excellence

GUEST POST from Greg Satell Within hours of planes crashing into the World Trade Center on 9-11, stories began circulating that it was not, in fact, the planes that caused the towers to collapse, but explosives planted inside by someone with access. Since then, a number of conspiracy theories have circulated that people ranging from […].

Change 80
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Uncovering Hidden Risks: Three Challenges

Michael Roberto

I've argued that leaders need to become more proactive problem finders if they wish to avert surprising failures in their organization. They need to seek out and uncover hidden risks. Unfortunately, as humans, we struggle with regard to how we cope with risk. Three patterns of behavior prove particularly problematic when it comes to risk. 1. We actively downplay and discount ambiguous risks.

System 52
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LLMs in Production: Tooling, Process, and Team Structure

Speaker: Dr. Greg Loughnane and Chris Alexiuk

Technology professionals developing generative AI applications are finding that there are big leaps from POCs and MVPs to production-ready applications. They're often developing using prompting, Retrieval Augmented Generation (RAG), and fine-tuning (up to and including Reinforcement Learning with Human Feedback (RLHF)), typically in that order. However, during development – and even more so once deployed to production – best practices for operating and improving generative AI applications are le

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The External Innovation Partners You Need Most

IdeaScale

Partnering with third-party subject-matter experts delivers a variety of benefits. The type of partners that will benefit your organization will vary greatly depending on factors such as your industry, tenure, objectives, and budget. Even with an empowered, skill-diverse, and enthusiastic team, partnering with external experts gives you a competitive edge.

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Time for Innovation 2.0

Jeffrey Phillips

I've been writing about innovation for close to 20 years. During most of that time, I've had the good fortune to lead innovation projects for clients as well. The work I get to do, and the material I see online and read in (yes, I still read paper magazines) has provided a lot of fodder for this blog over the years. There are kids out there, getting ready to graduate from college, who were just being born when I started doing innovation work.

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3 Startups Making a Big Difference with Small Innovations

Entrepreneur - Innovation

Most innovation is not a game-changer or breakthrough in nature. It is about creating novel and valuable solutions to problems and small but effective adaptations to processes, ways of working and models.

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What to Do When You Don’t Know What to Do

Innovation Excellence

GUEST POST from Mike Shipulski When you don’t know what to do, what do you do? This is a difficult question. Here are some thoughts that may help you figure out what to do when you really don’t know. Don’t confuse activity with progress. Gather your two best friends, go off-site, and define the system […].

System 78
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Leading Change: The Old Way vs. The New Way

CMOE

If there is one thing that we can count on, it is that things will change. Especially in the last two years, how and where we work has changed, and the workforce itself is decidedly different. Organizations are facing new changes every day, and it is essential for leaders to exploit the advantages that these changes can give. But how can leaders make change appealing to their team members , especially after constant change has been thrust upon us over the past two years?

Change 52
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“Art is never finished, only abandoned.”

Idea to Value

“Art is never finished, only abandoned.” A few weeks ago, I came across a fantastic quote on creativity in an interview Todd Henry ‘s podcast and Joey Cofone. They were talking about when to know whether something you are working on is “finished” and ready to be released, and Joey came out with this quote attributed to the famous Leonardo Da Vinci: “Art is never finished, only abandoned.” While this quote initially may seem depressing, suggesting that we

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How to Achieve Product-Market Fit

Speaker: Dan Olsen - Product Management Trainer and Consultant, Author, and Speaker

Everyone working on a product is trying to achieve the same goal: product-market fit. But most products fail to do so. In this webinar, product management expert Dan Olsen will share his simple but effective framework for achieving product-market fit from his book The Lean Product Playbook. He will explain his Product-Market Fit Pyramid and The Lean Product Process, a 6-step methodology that guides you through how to: Determine your target customer Identify underserved customer needs Define your

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3 Ancient Wisdoms We Needed To Leave Behind To Create The Modern World

Digital Tonto

If you were a person of sophistication and education in the 19th century, your world view was based on certain axiomatic truths, such as parallel lines never cross, logical propositions are either true or false and "bad airs" made people sick. For the most part, these ideas would have served you well for the challenges you faced in daily life. Even more importantly, your understanding of these concepts would signal your inclusion and acceptance into a particular tribe, which would confer prestig

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Predicting innovation trajectories in K–12 education

Christensen Institute

Key points. Analyzing a school’s value network reveals which types of improvements and innovations it will or won’t adopt. The concept of value networks explains why districts often struggle to make major changes to their organizational models and why charter schools often find it easier to innovate. There are lots of promising innovations in tiny pockets of the education system, but decades of advocacy and investment have failed to see those innovations scale.

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The Emotional Labor of Being a Leader

Harvard Business Review

Many organizations fail to adequately prepare leaders for — or support them in — this critical part of the job.

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Career Innovation Through Continuous Learning Platforms

Tullio Siragusa

Career Innovation Through Continuous Learning Platforms. Learning is a continuous process that is not confined to the classroom alone. Digitization of learning platforms has brought innovation to education. It has enabled learners to get quality yet affordable and user-centric learning experiences that have been a positive force on their career. In modern times, learning is becoming a continuous process.

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Software Composition Analysis: The New Armor for Your Cybersecurity

Speaker: Blackberry, OSS Consultants, & Revenera

Software is complex, which makes threats to the software supply chain more real every day. 64% of organizations have been impacted by a software supply chain attack and 60% of data breaches are due to unpatched software vulnerabilities. In the U.S. alone, cyber losses totaled $10.3 billion in 2022. All of these stats beg the question, “Do you know what’s in your software?

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Business Process Improvement Examples: 34 Actionable Ideas

Kainexus

When leaders consider implementing a structured business process improvement methodology , one of the challenges they often face is explaining to employees what types of opportunities to consider. Usually, there are some apparent needs that people attack immediately. Still, once those are addressed, it can be challenging to recognize the flaws in processes, especially ones you operate every day.

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How do you talk to students about their networks?

Christensen Institute

How do you talk to students about social capital? If you want students to deepen and expand their networks, what messages and experiences increase the likelihood that they’ll feel confident and inspired to do so? These questions come up frequently in our field work. Although this is certainly an area where more R&D would benefit the field, there’s a few guiding principles and examples that we point people to.

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Adapting Your Sales Approach in a Downturn

Harvard Business Review

The right process can help you boost revenue, expand margins, and successfully launch new products — even in challenging economic times.

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Music Can Make You a More Effective Leader

Innovation Excellence

GUEST POST from Shep Hyken You don’t have to be a rock star with an album that makes millions to say, “Music changed my life.” You can be the leader of an organization, searching for a way to overcome an obstacle or challenge plaguing you—potentially for years. The key to resolving an ongoing leadership challenge […].

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The Future of Customer Loyalty: Rewards, Retention, Appreciation, and More

Speaker: Jennifer Hileman - Director, Retail Data & Technology at Orium, and Zach Ettelman - Solutions Partner Team in North America at Talon.One

Elevate your retail game by unleashing the power of customer loyalty! The holidays are the perfect time to redefine and reimagine your retail strategy, as modern customers are being re-engaged through creative retention tactics. Discover how the combination of loyalty management and MACH technology can revolutionize your retail strategy, ensuring sustained customer success through the holiday rush, into the new year, and beyond.

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How Visual Management Tools Start & Sustain Improvement

Kainexus

Visual management tools surround us. Although they are so ubiquitous, we might not even think about them. For example, when your car is about to run out of gas, a light will alert you to the problem. Your fitness app may even show you how close you are to your daily goal. Your brain can quickly process these easy-to-understand visual clues and use the information to make decisions.

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WHY IS IT MORE IMPORTANT THAN EVER TO INNOVATE?

ImagineNation

At ImagineNation we are celebrating 10 years as a global innovation consultancy, learning, and coaching company. During this time, we’ve identified some of the common patterns that people demonstrate as a result of feeling uncomfortable, frozen, inert, stubborn, and resistant to innovation. Resulting in many organisations, teams, and leaders appearing to walk backward as if they are sleepwalking through this time in their lives.

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3 Strategies to Earn Consumer Trust in Email Marketing

Harvard Business Review

People prefer a personalized message — but are also skeptical of how companies use their data. Here’s how to thread the needle.

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Ice Cream Dreams

Innovation Excellence

The surprising innovation stories behind that sunny afternoon delight GUEST POST from John Bessant Season of mists, mellow fruitfulness — and those rare but wonderful days when the sun smiles down benignly. Strolling in the park, absorbing the warmth my attention was taken by an ice cream. Or rather, to the face of a toddler […].

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Brick & Mortar Retail Relevance: How to Stay Ahead of the Curve

Speaker: Jay Black, Senior Account Executive

Let's set the record straight: in-store retail isn't dead - it's evolving! Faced with the digital age and the demands of omnichannel shopping, some retailers are thriving while others are struggling to adapt. Join Jay Black in this exclusive session as he explores the strategies that set successful stores apart, including: Crafting unique and unforgettable in-store experiences 🛍️ Mastering the art of retail demands 🛒 Navigating inventory challenges in today's climate 📦 an

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How can AFE modernization help the oil and gas industry?

Acuvate

The Authorization for Expenditure (AFE) business process plays a vital role in the energy sector, particularly the oil and gas (O&G) industry. It enables O&G companies to raise and obtain approvals on project funding proposals and get funds allocated from the Board’s approved budgeted expenditure. Owing to the critical nature of oil and gas projects and the exorbitant investment needs, AFE requires several levels of input and approval from various stakeholders, including surveyors, engin

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Making personal finances fun!

Innovation 360 Group

Rise Up is a start-up that empowers people to build confidence and to inject a little fun into managing their finances. The post Making personal finances fun! appeared first on Innovation360.

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Research: Why It’s So Hard to Map Global Supply Chains

Harvard Business Review

They’re more vast, dense, and dynamic than you might think, according to an analysis of 40,000 global firms.

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Human-Centered Design and Innovation

Innovation Excellence

by Braden Kelley Recently I had the opportunity to interview Mauro Porcini, author of the new book The Human Side of Innovation: The Power of People in Love with People. Mauro Porcini is PepsiCo’s first ever Chief Design Officer. He joined the food & beverage corporation in 2012 and in said role he is infusing […].

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From Whims to Wins: How a Customer-Centric Portfolio Transforms Product Strategy

Speaker: John Mansour - President, Product Management University

You know that sinking feeling. You’ve come up with a winning product strategy, everyone’s on board and energized, and you’re halfway down the path to execution only to have it submarined by something someone convinced your leadership was more strategic! It’s a scenario that’s all too familiar, and it exemplifies one of the biggest struggles with individual product strategies.

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An Executive’s Perspective on VSM: Best Practices for Moving from Project to Product

Planview

Shifting from project to product and implementing value stream management requires buy-in across the organization, including senior executives. At this year’s Planview Accelerate Customer Conference, senior leaders from healthcare and financial services answered questions about their decisions to start this journey, how it affected value delivery in their organization, and what they recommend to organizations that are just starting on their transformations.

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Digitizing Inspection Activity with Modern Inspection Apps for Businesses

Acuvate

Inspections are a routine part of daily work in every industry. Ensuring things are running smoothly and compliance regulations are being adhered to is significant for business operations to run well. With increasing digitalization transforming business landscapes, many companies are starting to deploy inspection apps to simplify processes for employees that perform field inspections every day and typically fill out several paper forms and checklists to record all the information manually and cr

Report 52
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How Executive Teams Shape a Company’s Purpose

Harvard Business Review

The connection between purpose and performance is real. And it starts at the top.

Culture 103
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3 Mind-Blowing Things I Learned in Nebraska

Innovation Excellence

GUEST POST from Robyn Bolton In the Before Times, we attended conferences to learn, make connections, and promote ourselves and our businesses. Then COVID hit, and conferences became virtual. Although that made them easier to attend, it also made them easier to skip. Because, if we’re honest, most conferences were more about connecting and promoting […].

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How Intent Data Helps Marketers Convert A-List Accounts

One of the biggest challenges for any B2B marketer is understanding your prospects’ next move — who is most likely to buy and when. Without these insights, marketing campaigns can feel more like guesswork, with high investment and little return. We’re here to tell you there’s a better way. By tracking buyers’ digital footprints and online activity, such as website visits, product reviews, and spikes in content consumption, you can engage prospects with a message that really resonates.