Sat.Oct 08, 2022 - Fri.Oct 14, 2022

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Why Business Transformation Fails: Learn From An Expert

Cascade Strategy

“Dealing with uncertainty is the biggest challenge strategy is facing today,” says Melvine Manchau , Digital Strategy Director at Salesforce in our Strategy Podcast.

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Strategies to Improve Employee Engagement in the Workplace

Kainexus

Leaders need to get the most out of every asset they have in today's business environment with tight budgets and tough competition. For almost every organization, the most significant opportunity for improvement is to increase employee engagement.

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Why Unlearning Is At Least As Important As Learning

Digital Tonto

When I first went overseas to Poland in 1997, I thought I knew how the media business worked. I had some experience selling national radio time in New York and thought I could teach the Poles who, after 50 years of communism, hadn’t had much opportunity to learn how a modern ad market functioned. I was soon disappointed. Whenever I would explain a simple principle, they would ask me, “why?

Learning 216
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Why do we need to change our thinking about innovation?

Paul Hobcraft

The Innovation Ecosystem Cascading Effect. I have been arguing in recent posts about the need to change the way we approach innovation. We need to think about designs around innovation ecosystems. In a series that builds the argument so far I have provided the basic context within this post” Please, we need a different innovation narrative ” followed by “ Building out our innovation ecosystem in design and thinking.” My personal energy is drawn from all the challenges we

Change 182
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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 Great Transformational Leaders Learn from Their Failures

Innovation Excellence

GUEST POST from Greg Satell We tend to think of transformational leaders emerging fully actualized. We look for early indications of promise, sure that there must have been nascent signs of greatness from the start. It’s hard to imagine those that attain the highest level of achievement are anything less than destined for greatness. While […].

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Which is Stronger – Outside Pressure to Change? Or your Internal Drive to Transform?

Daniel Burrus

There are two mindsets surrounding the concepts of transformation and change. First, there is fear that comes with transformation and change. The feeling of not having control over something in your personal or professional life can be daunting, because it leaves us feeling helpless. And the second mindset is an apathetic, hands-off one. This is where the concepts of transformation and change seem so insurmountable that we accept them passively.

Change 74

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5 Misconceptions about AI that are Slowing Your Business Down

Stephen Shapiro

Today’s post is from a brilliant friend of mine, Paul Golding. I first met him over a decade ago when he was a technology wizard for 02, a large UK mobile provider. Since then, he has continued to stay on the leading edge of a variety of technologies, including Artificial Intelligence (AI). In this article, Paul outlines five of the biggest misconceptions that are preventing many businesses from unleashing the power of AI – and why you should double-down on AI during an economic downturn

Data 98
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March-Madness In October: Business Model Innovation Scores Big

Bill Fischer

Business model innovation is the hottest topic in today's innovation conversations, but it is often far less visible than are technical advances. Sports offer abundant examples of business model innovation and MLB's wild-card playoffs are an especially interesting illustration of what is possible.

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The pandemic has changed our personalities

Idea to Value

If you have felt like being locked inside during the last 2+ years of the pandemic has made you less creative, you might just be right. New research from September 2022 has looked at how the Big 5 Personality traits of more than 7,109 people in the USA have changed over time, comparing their results before the pandemic to 2022. Just as a reminder, the Big 5 Personality traits are the most commonly used ways to assess people’s personality which are used by scientists, and include: Openness

Change 273
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Innovative Start-Ups Founded by Women

Destination Innovation

Nadine Hachach-Haram. We need more women entrepreneurs. A report by the Kaufmann Foundation found that only 3% of technology start-ups are led by women. Most of the high-profile role models for start-ups are men – Elon Musk, Jeff Bezos, Steve Jobs are household names. How many women role models in business can you name? Here are some inspiring women entrepreneurs and the companies they have started.

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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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Utilizing Coaches for Leadership Development and Innovation

IdeaScale

One of the many things that Steve Jobs, Bill Gates, Oprah Winfrey, and Barak Obama have in common is that they all utilize coaches. The higher you rise in your career, the less likely you have people who challenge you to level up. Even if you or your organization have reached the pinnacle of [.].

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Quiet Quitting Isn’t the Problem. Your Business Strategy May Be.

Leapfrogging

When it comes to “quiet quitting,” the bigger issue may be a lack of purpose and meaning in your company and culture. The term “quiet quitting” recently exploded on social media and in business circles. It describes an approach to work that has you doing the very barest minimum to meet your responsibilities. You don’t go above and beyond what’s needed.

Strategy 130
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The availability bias: Why we overestimate the likelihood of scary but unlikely events

Idea to Value

What is more likely to kill you: A shark? Or a cow? Most people would be much more afraid of a shark. After all, they are known to be an alpha predator, and many movies show how easily they will kill anyone that comes to close. Indeed, a 2010 survey conducted in the USA found that shark attacks were one of the top 6 most feared ways to die. However, in the last 500 years only 1,909 confirmed shark attacks occurred worldwide (as of the 2015 research paper ); of the 737 that happened in the United

Examples 249
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Calling all innovators: Africa’s electricity market is ripe for market-creation

Christensen Institute

In 2022, there are still 600 million people who lack access to electricity in Africa. . Africa has the lowest levels of per capita use of modern energy, and despite the region being home to 60% of the best solar resources globally, there’s only 1% of installed solar photovoltaic (PV) capacity due to lack of sufficient investments being directed towards these resources. .

Marketing 116
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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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Leverage the Power of Google with Revolutionary New Ad Format, Performance Max Advertising

Brunner

Here at Brunner, we are always striving to better our work for our clients. Something we have been having a lot of recent success with is Google’s new ad format called Performance Max. Performance Max is a new campaign type that runs within the Google Ads interface. Instead of targeting a single channel as you would normally do, this revolutionary new ad format runs across several different Google-owned channels including YouTube, Gmail, Discovery, Google Display Network, and Paid Search.

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Changes to the Continuous Innovation Blog

Leanstack

For the past several years, I have been sharing all my raw (and not so raw) thoughts on Lean Startup, Lean Canvas, Continuous Innovation, and LEANSTACK on this blog. As LEANSTACK has grown, I've decided to split and reorganize things a bit differently.   Moving forward, I will be posting on three separate blogs/newsletters. 1. The LEANSTACK Blog This blog will be used primarily as a company blog where I/we will share company announcements, product how-tos, and product updates.

LEAN 97
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Who Are the 2022 Nobel Prize Winners? Meet the Recipients So Far.

Entrepreneur - Innovation

The six prizes are awarded to individuals who made groundbreaking innovations in the fields of physiology or medicine, physics, chemistry, economic science, literature and peace work.

Meeting 95
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Surrounded: When disruption hits on all sides (Part 1)

Christensen Institute

Disruption in health care started to accelerate about 15 years ago when models like One Medical and iora health launched their lower-cost, more affordable, and more accessible approaches to primary and on-demand care. I started to follow these new market entrants closely back in 2013 as their competitive moves had implications for incumbent health care providers.

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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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Is Agenda Theater Ruining Your Meetings?

Harvard Business Review

Research shows that agendas often create the appearance of effective meetings — without actually improving how they’re run.

Meeting 108
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How Do You Judge Innovation: Guilty or Innocent?

Innovation Excellence

GUEST POST from Robyn Bolton Several months ago, a colleague sent me a link to Roger Martin’s latest article, “The Presumption of Guilt: The Hidden Logical Barrier to Innovation.” Even though the article was authored by one of the preeminent thinkers in the field of innovation and strategy (in 2017, Thinkers50 voted him the #1 most […].

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6 Remarkable Applications of AI in the Oil & Gas Industry

Acuvate

The Oil and Gas (O&G) industry, though seemingly one of the most lucrative to work with, has been battling several challenges in the last few years. Demand evolution, regulatory concerns, supply diversification, rapidly growing infrastructure and resulting frequent asset downtimes, siloed operations, and environmental, social, and governance (ESG) risks continue to plague the industry with difficult-to-conquer obstacles.

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Fund schools based on learning, not attendance

Christensen Institute

Note: Though this piece centers on the Jewish holiday, the call for states not to rely on a single count day to determine funding remains urgent. Michigan’s public schools will receive funding this year based on how many students attend on October 5, Chalkbeat reports. This “count day” fell on Yom Kippur, the holiest day of the Jewish year—when many Jewish students were absent.

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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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Why Your Company Needs Data-Product Managers

Harvard Business Review

Legacy companies often struggle to leverage data effectively. These roles can help.

Data 133
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How to Use TikTok for Marketing Your Business

Innovation Excellence

GUEST POST from Shep Hyken If you think your business isn’t right for TikTok, you may want to think again. If you’re like most businesspeople, TikTok is not what you think. It’s not just 20- to 30-second videos of kids dancing, dogs doing tricks and influencers showing off the latest fashions. It’s become a serious […].

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Leadership and Happiness

Rmukesh Gupta

One significant impact that Covid-19 had is that it has caused a sudden explosion of the importance of wellness all around us. The contrast between working from home and working from our offices has been stark. This has also initiated a lot of great conversations about mental health and the importance of the role of emotions within the business context.

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How Effective is Open Innovation?

100%Open

This month we’ve been thinking about how the popularity of all the tools in our toolkits has varied over the years, and why we think that is. For example, this month’s tool in the spotlight is 100%Open Innovation Metrics. It is curious that this particular tool has seen very little light over the past 14 years, yet is becoming one of our most popular.

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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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Why You Need a Bedtime

Harvard Business Review

Going to bed at the same time each day can help you find time and energy you didn’t know you had.

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The Problems with ‘I’ll eat what you kill’ Arrangements?

Innovation Excellence

GUEST POST from Arlen Meyers, M.D. As more health professionals get involved with biomedical and clinical innovation and entrepreneurship, some are becoming advisors, mavens, salespeople, consultants and connectors. As such they are hired to help potential clients or employers meet benchmarks or the next critical success factor. In many instances, that means finding investors or helping […].

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Canva’s Latest Design Tool: Online Whiteboard

InnovationTraining.org

Design tool Canva launches online whiteboard designed for innovation projects and teams. Online whiteboard tools are fantastic ways to collaborate and communicate with teams in the innovation and design thinking space, and there’s many great options out there. We’ve covered our favorites on our blog, including industry leaders Miro and Mural.

Tools 52
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6 Tips for Talking to Leaders & Other Stakeholders

CMOE

A key component of being a good manager is being able to effectively communicate with leaders and key stakeholders. Whether it is a structured presentation or a more casual conversation, being able to “talk the talk” is crucial to letting leadership know how hard your team has been working and the challenges you are facing. Before you start planning your presentation or conversation, be sure to fully understand the goals and interests of your audience.

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