Sat.Nov 19, 2022 - Fri.Nov 25, 2022

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Overcoming The Challenges Of Reinvention

Faisal Hoque

Commitment, timeframe matters when remaking your organization.

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How Do You Measure Power?

Innovation Excellence

GUEST POST from Geoffrey A. Moore In a recent blog, I argued that management needs to be accountable not only for delivering current performance but also for investing in power initiatives that will fuel future performance. Compensation systems that focus solely on the former too often result in a hollowing out of the enterprise, as […].

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8 Misconceptions about Minimum Viable Products

IdeaScale

One thing consistently successful innovation programs do, is test their concept during the development process. Whether physical or intangible, it’s rare that a final product is precisely what you initially envisioned. During the development process, your product is likely to evolve. While the end objectives remain the same, they may be expanded or revised.

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The linkages of innovating purpose

Paul Hobcraft

The linkages of innovation purpose. Whenever I get into conversations about innovating, we always hit difficulties on the question, “how can I build this well and be sustainble?” Hence, I often try to build an extended narrative for what makes up the innovation capability building and understanding for the future. I frame this as the linkages of innovation purpose.

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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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Are We Ready To Give Up Agency To Save Time?

helloFUTURE

I have spent the better part of the past few years advocating for goods and services that cater to the inherent slothfulness in all human beings. I’ve concluded that the automation of many of the daily tasks would make my life significantly easier. If the automation is carried out correctly and is audited, it will… The post Are We Ready To Give Up Agency To Save Time?

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THE BEAUTY OF FEEDBACK: It's Not a Weapon. It's a Mirror.

Idea Champions

I want you to imagine, for a moment, that I am your manager and, while passing you in the hallway on the way to yet another meeting. I catch your eye, take a step towards you and, in a halting voice, say "Umm. uh. hi. I'm wondering if you have some time later today for me. er. to share a bit of feedback with you.". How are you feeling right now? I'm guessing not so good -- especially since the word, "feedback", in most organizations, has become synonymous with, "I'm just about to chop your head

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Innovation Accounting & Product Led Growth – A Failed Experiment

IM Insights

By Elijah Eilert. I recently wrote an article called What is Innovation Accounting? Explained by Artificial Intelligence , and was surprised by how well the tool, called OpenAI, managed to describe what innovation accounting is. The challenge then arose to ask OpenAl to produce an article about innovation accounting by providing only subheaders as inputs for the tool that would then generate the paragraphs.

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Why Facebook needed to let go of 13% of their workforce

Idea to Value

While the massive layoffs at meta are terrible, it sadly shows one of the major issues that companies struggle with when they try to grow and innovate too quickly … facebook tried a huge number of innovation projects which failed. But this was not the problem. As I read in a wonderful WIRED article : Remember Libra, Meta’s ambitious plan to enter the cryptocurrency market?

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How to create effective KPI’s for 2023 | Ep 09

Moves the Needle

What’s so interesting about KPIs and OKRs is every few years there’s a new framework for metrics, but essentially, they’re always about outcomes. So, what are the desired outcomes? We want more customers. We want happier customers. We want more revenue, more growth, and more market share. That’s going to keep the bosses happy and their bosses happy.

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E-Bikes Are the New Green Mobility Solution

Business and Tech

Sara Wainer, who manages business priorities and communications for the USA market at Specialized Bicycle Components, discusses the importance of zero-emissions vehicles and the future of e-bike transportation. Sara Wainer Executive Assistant (USA), Specialized Bicycle Components. What does the future of transportation look like in the coming years?

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The Product Symphony: Orchestrating Success with Storymapping

Speaker: Jamie Bernard - Senior Product Director at Launch by NTT Data

In today’s dynamic business landscape, successful product management hinges on a keen understanding of customer needs and market dynamics. Storymapping emerges as an invaluable pre-investment tool, enabling smarter decision-making, more accurate resource allocation, and enhanced scope control. It serves as a catalyst to better align your entire organization, setting the stage for impactful, customer-centric product management.

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We Can’t Define The Change We Want To Pursue Until We Define Who We Want To Be

Digital Tonto

Today, we stand on the precipice of a new paradigm. We’ve suffered through a global financial crisis, a pandemic and the most deadly conflict in Europe since World War II. The shifts in technology, resources, migration and demography are already underway. The strains and dangers of these shifts are already evident, yet the benefits are still to come.

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How Daystar Power is empowering Africa’s energy market

Christensen Institute

As I’ve recently highlighted in my latest blogs , there is great entrepreneurial opportunity in Africa’s electricity market: Africa’s mass nonconsumption of electricity is ripe for market creation. Daystar Power is one such market innovator that jumped on this opportunity in 2017, and in a signal of its success, was acquired earlier this year by the multinational oil and gas company, Shell. .

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Want to Create a Culture of Innovation? Ask These 3 Essential Questions.

Entrepreneur - Innovation

Innovation comes from experimentation. Experimentation leads to failure. Embracing failure is the path to building great products and enterprise value.

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Are You Giving Your Customers Friction or Function?

Innovation Excellence

Former VP Of Amazon Preaches a Frictionless Experience GUEST POST from Shep Hyken Customers hate friction. They want easy, no hassle, low/no effort experiences. In short, they want convenience. Our 2022 customer experience research findings confirm: 70% of customers would pay more if they knew they would receive a convenient experience. 75% would switch to […].

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How to Stay Competitive in the Evolving State of Martech

Marketing technology is essential for B2B marketers to stay competitive in a rapidly changing digital landscape — and with 53% of marketers experiencing legacy technology issues and limitations, they’re researching innovations to expand and refine their technology stacks. To help practitioners keep up with the rapidly evolving martech landscape, this special report will discuss: How practitioners are integrating technologies and systems to encourage information-sharing between departments and pr

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What Founders Need to Know Before Selling Their Startup

Harvard Business Review

You might be surprised at what your acquirer will agree to — if you just ask.

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Why Hiring a Fractional CRO Is Smart for Startups

Tullio Siragusa

Why Hiring a Fractional CRO Is Smart for Startups. A Chief Revenue Officer (CRO) is a high-level executive who is responsible for overseeing the revenue-generating activities of a company. The specific duties and responsibilities of a CRO can vary depending on the size and nature of the organization, but some common responsibilities may include: · Setting revenue targets and developing strategies to meet them. · Overseeing the sales and marketing departments. · Identifying new business opportuni

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Kickstart Your Trend and Technology Foresight for 2023 with ITONICS

ITONICS

Preparing your business for the year ahead requires a look back at this year's results, clear and quantifiable short- and long-term goals, and an understanding of the internal and external drivers of change influencing your business environment. In this article, you lear n how to kickstart your environmental scanning for 2023 in just a few clicks.

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Imagine Your Next

Innovation Excellence

Planning for the Future! GUEST POST from Teresa Spangler “Our imagination is the only limit to what we can hope to have in the future.” – Charles Kettering The line between humans and machines is blurring by the day. The future, as we know it today may be tomorrow’s history book; with our exponential technological advancement […].

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From Complexity to Clarity: Strategies for Effective Compliance and Security Measures

Speaker: Erika R. Bales, Esq.

When we talk about “compliance and security," most companies want to ensure that steps are being taken to protect what they value most – people, data, real or personal property, intellectual property, digital assets, or any other number of other things - and it’s more important than ever that safeguards are in place. Let’s step back and focus on the idea that no matter how complicated the compliance and security regime, it should be able to be distilled down to a checklist.

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The Myth of the Brilliant, Charismatic Leader

Harvard Business Review

Research shows that good management is more profitable than a cult of personality.

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Porter's Five Forces (2022): The Definitive Overview (+ Examples)

Cascade Strategy

Every business strives to prevent its competitors from stealing its profits. With today's fierce competition in almost every industry, it's not a question of if, but it’s a matter of how. Before you make any strategic decisions, you need to take a step back, analyze and answer these questions: What forces beyond direct competitors shape your industry?

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Inspiration From the Crowd [CASE STUDY]

Flying Fish Lab

Crowdsourcing is an excellent way to get inspiration to solve your challenge or sometimes even generate potential solutions. It’s often used to inspire New Product innovation. THE CHALLENGE: Develop a new tissue-based product that will stand out amidst a highly commoditized environment. WHAT THE CROWD INSPIRED US WITH: Applications as diverse as gym products, products that offered high water retention properties, or simply an idea that offers essential hygiene in times of germ-phobia.

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Black Friday Cyber Deal on Charting Change

Innovation Excellence

Wow! Exciting news! From now until November 30, 2022 you can get a 55% discount on my latest best-selling book Charting Change – plus FREE shipping! You must go to SpringerLink for this Cyber Sale: The offer is valid until November 30, 2022 Please use CYB22 at check-out to get your discount on books & […].

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2 Retail Sectors That Are Completely Changing the Game: FMCG & Q-Commerce

Speaker: Joe Heather, Deliverect GM (UK&I)

Fast-Moving Consumer Goods (FMCG) and Quick Commerce (Q-commerce) are two vibrant sectors that have undergone significant transformations with the advancements in digital technology. With growing internet penetration and the proliferation of smartphones, consumers' purchasing habits have unsurprisingly evolved. They now demand quick, convenient, and seamless shopping experiences, which both FMCG and Q-commerce sectors strive to provide.

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Why Startups Should Embrace Radical Transparency

Harvard Business Review

It’s in founders’ best interests to not only accept, but invite, oversight.

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The Hershey Company wins Outstanding Corporate Innovator Award

Sopheon

Last week, Sopheon took part in the Inspire Innovation Conference in Orlando, hosted by PDMA — Product Development & Management Association — a global association of innovation management professionals. It was an insightful four days packed with exploring all the best strategies for improving new product innovations.

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From Strategy To Elevator Pitch

Cascade Strategy

Lesley Hawkins , VP of Retail at Adidas, joined us for World Strategy Day 2022. In her session, “From Strategy To Elevator Pitch,” where she talked about a subject that has taken her about 30 years to refine: how to build a strategy that can be easily explained in a 30-second elevator ride.

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Effective Facilitation for All

Innovation Excellence

How Leadership Fundamentals Benefit Everyone GUEST POST from Douglas Ferguson Effective facilitation isn’t limited to the inner workings of staff meetings. True facilitation goes beyond simply setting an agenda: it’s a mindset, framework, and way of being. Excellent facilitators know how to get the best out of their teams and design conversations that are innovative, […].

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PM Development: How Product People Continue to Learn

Speaker: Greg Coticchia - CEO, Sopheon

Marc Andreessen famously said “Software is eating the world” and he was right! With all the technological improvements relevant to product management, there is an increasing need to educate new product managers as well as upgrade the abilities of experienced professionals. Unfortunately, little has changed in the world of product management education, training, or preparation to meet today’s high demand.

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Tech Talent Is Flooding the Job Market

Harvard Business Review

Employers have a rare opportunity to recruit from the ranks of the world’s leading digital companies.

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The characteristics of data-driven business model development and how to succeed

The BMI Lab Blog

The experience of recent years shows that companies often overestimate the value of their own data and their own ability to generate revenue from it. In practice, very few companies can establish a sustainable business model based on data. In our recently published book chapter Besonderheiten datenbasierter Geschäftsmodellentwicklung in the book Datenwirtschaft und Datentechnologie - wie aus Daten Wert entsteht (Springer, 2022) , we go into more detail on this topic.

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Strategic Agility: A Careful Balance Between Stability And Flexibility

Cascade Strategy

Grimt Habtemariam , Director of Global Routes to Market Acceleration at Cisco joined us for World Strategy Day 2022. In her session, “Strategic Agility: a careful balance between stability and flexibility,” she shared the most important lessons learned across her 15+ year career in the high-tech, startup, and consulting industries in how to create, incubate, scale, and execute sustainable growth strategies.

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Things I Occasionally Forget

Innovation Excellence

GUEST POST from Mike Shipulski Clean-sheet designs are fun, right up until they don’t launch. When you feel the urge to do a clean-sheet design, go home early. When you don’t know how to make it better, make it worse and do the opposite. Without trying, there is no way to know if it will […].

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ABM Evolution: How Top Marketers Are Using Account-Based Strategies

In times of economic uncertainty, account-based strategies are essential. According to several business analysts and practitioners, ABM is a necessity for creating more predictable revenue. Research shows that nearly three-quarters of marketers (74%) already have the resources needed to build successful ABM programs.