Sat.Jan 28, 2023 - Fri.Feb 03, 2023

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Where will Innovation Management Software go?

Paul Hobcraft

Where will Innovation Management Software go? This morning I decided to have a chat on ChatGPT on the future of Innovation Management Software, I asked a number of questions in a short series and can well-relate to the answers provided incredibly quickly. What do you think? Do they make sense and are the suggestions a competitive threat or a trend towards a future that needs fully embracing before others do?

Software 182
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4 Signs Your Industry Might Be Disrupted

Digital Tonto

In the 1920s the Teapot Dome scandal rocked Washington. The Secretary of the Interior, Albert Bacon Fall, was found to have corruptly leased Navy petroleum reserves to private companies. In response, Congress was given the right to subpoena any US citizen’s tax records as well as increased regulation of campaign finance. In the century since, we have had continuous cycles of largesse and reform.

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A.I. can now use text prompts to design new proteins which don’t exist in nature

Idea to Value

There is so much hype around Artificial Intelligence tools and what they are able to create in the fields of creativity. One of the most recent examples which is taking the world by storm is by using text prompts, either to create new text or even to create new images. But I just came across a new research study just published at the end of Jan 2023 which may have a bigger impact than any on the future of the planet.

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Smart Office Tools and Technology to Drive Innovation in 2023

IdeaScale

With each new year comes exciting new office tools and technology. Implementing new technology is essential for remaining competitive in the ever-evolving landscape of the modern workplace. This goes beyond remaining competitive in your industry to streamlining operations and ensuring a desirable culture for your team. Your team wants cutting-edge technology and relies on you [.

Tools 204
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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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Implement Anticipatory Solutions Instead of Reactive Responses

Daniel Burrus

In years past, many businesses have succeeded with an agile, reactive approach to business where they respond to climate, competition, and social circumstances in an “after the fact” way. This focus was predominantly on responding to disruptions as they came in, putting out fires to solve issues. As many businesses have perfected this approach, a new leadership model is now needed to stay ahead of the competition.

Trends 77
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The Law of the Loaf

Rmukesh Gupta

One of the responsibilities of leaders is to organise our people and create contexts within which they operate. This context has a significant impact on the results that the teams can achieve. One way we put in place these contexts is through the culture we operate under (intentionally or unintentionally). And this decides how we interact with each other – as one entity moving toward the goal or as individuals working on each our own goals.

Culture 64

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We are possibly at a series of inflexion points. Here’s one

Paul Hobcraft

A shift in managing differently , a possible inflexion point We are possibly at a series of inflexion points in our current business environment. Here’s one you will be required to address. What seems to be occurring increasingly in many different market spaces is defining an opportunity that directly impacts the current status quo and then seeking to make some radical moves to achieve that differentiation.

Design 189
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Leveraging Hindsight and Foresight for Innovation

Innovation Excellence

GUEST POST from Art Inteligencia Innovation is essential for businesses to stay competitive in today’s ever-changing economy. To stay ahead of the competition, businesses need to be able to anticipate the future and plan accordingly. To do this, they must leverage both hindsight and foresight in their innovation processes.

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The 10 Benefits of Business Transformation

Kainexus

"Business transformation" is a phrase used to describe what happens when an organization fundamentally changes its operations. The goal of business transformation is to enhance operational and financial performance. Business transformation may occur at the organizational level or within a department or product group.

Groups 52
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ChatGPT on Business Innovation Ecosystems

Ecosystems4Innovating

Discussing with ChatGPT about Business Innovation Ecosystems, their value and progress

ChatGPT 237
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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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Fears of those unknowns

Paul Hobcraft

The fear of the unknowns explodes upon those not ready When the established order begins to creak and dismantle, seemingly in front of our eyes, those fears of the unknown can kick in, especially if you have been used to managing in an established (slowly) evolving way for most, if not all, of your business life. We seem confronted with rapid change, and it is primarily within the business world related to technology and market uncertainty that is driving this.

LEAN 195
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Magnetize Your Team: How CEOs Can Attract the Right Leadership by Being the Right Leader

Tullio Siragusa

Magnetize Your Team: How CEOs Can Attract the Right Leadership by Being the Right Leader It’s been often said that a CEO’s success depends on hiring the right team, but this blog isn’t about that. It’s about how the CEO must first be the right leader, the kind of leader that will attract a team of people that want to see the CEO win because they earned it.

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Is venture capital bad for health care?

Christensen Institute

As the influx of venture capital (VC) dollars flowed—and have since slowed—into digital health startups, we’ve seen many companies soar to great heights , only to meet their demise months later. The question at hand is why does this happen? Was it due to bad leadership? Was it bad luck? Who, or what is to blame for these negative business outcomes, and more importantly, for the lost lives and negative health impact?

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Has Progress on Data, Analytics, and AI Stalled at Your Company?

Harvard Business Review

Four recommendations to ensure your investment strategy drives real business value.

Data 132
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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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Hyper-Innovation

Innovation Excellence

A Change Management Strategy for Better, Faster Ideas GUEST POST from Douglas Ferguson The nature of innovation is that it is a hyper-fluid force that is never fully predictable. A well-curated change management strategy helps to harness the power of innovative change.

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How to Overcome a Possible Economic Recession with Continuous Improvement

Kainexus

At the outset of 2023, concerns about economic conditions and a possible worsening recession are top of mind for most business leaders. Interest rate increases, GDP shrinking, and rising inflation alongside low unemployment rates have left many uncertain about how to manage resources, retain talent, and find a way to grow during the next year.

How To 80
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Find inspiration behind these 3 surprising market creation stories

Christensen Institute

When you think about smartphones, do you think of Simon? When I say fork, how many of you fearfully associate the utensil with the devil’s pitchfork? Better yet, when you think about vaccines do you assume you’re receiving that vaccine directly from someone else’s body? My guess is that most of you answered “No” for the above three questions, but when looking at the history of these three innovations –the smartphone, the fork, and the vaccine – all of these facts are very relevant to their diffu

Marketing 105
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For Female Founders, Fundraising Only from Female VCs Comes at a Cost

Harvard Business Review

New research suggests that exclusive support from female investors may be a mixed blessing because it can make it harder to raise additional rounds of financing.

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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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Kickstarting Change and Innovation in Uncertain Times

Innovation Excellence

GUEST POST from Janet Sernack In our last article, we described why innovation is transformational, and why, at this moment in time, it is more important than ever to innovate.

Change 80
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Techniques for Combatting Each of the 7 Wastes of Lean

Kainexus

One of the core goals of the Lean improvement methodology is the reduction of any material, effort, or expense that does not ultimately add value to the customer. Practitioners have identified seven distinct types of waste and developed specific techniques to combat them. Whether your organization practices the Lean methodology or not, knowing where to look for waste and what to do when you find it is important.

LEAN 76
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Will these 5 teaching, classroom, and administration trends continue in 2023?

Christensen Institute

In April of 2022, the Christensen Institute and Bay View Analytics conducted a final series of surveys on the state of teaching and learning in K-12 schools across the country in the wake of the pandemic. After tracking pandemic-related education trends starting in 2020, these final surveys not only collected responses from teachers and administrators, but compared these responses to those from previous years in order to reveal the trends and patterns continuing as schools reopened, as well as t

Trends 98
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How AI Will Transform Project Management

Harvard Business Review

Steps you can take now to prepare for the future.

Project 142
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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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The Five Gifts of Uncertainty

Innovation Excellence

GUEST POST from Robyn Bolton “How are you doing? How are you handling all this?” It seems like 90% of conversations these days start with those two sentences. We ask out of genuine concern and also out of a need to commiserate, to share our experiences, and to find someone that understands.

Project 78
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Innovation Vehicles: The New Innovation Concept That Shouldn't Be New At All (And That Might Just Save Your Innovation Agenda From Failure)

Entrepreneur - Innovation

As long as innovation leaders continue to underutilize the power of innovation vehicles, corporate innovation will continue to waste resources.

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Is the innovation (really) disruptive? These 6 questions can reveal the answer.

Christensen Institute

Open the business section of a major newspaper or watch “Glass Onion: A Knives Out Mystery” and you’re likely to find something, someone, or some new tech being called disruptive. The term Disruptive Innovation has become virtually ubiquitous from Wall Street to Silicon Valley…and even Hollywood. Consequently, it’s also one of the most misunderstood and misapplied terms in the business lexicon.

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A Deeper Understanding of Creativity at Work

Harvard Business Review

BetterUp’s Gabriella Rosen Kellerman and the University of Pennsylvania’s Marty Seligman on finding new paths to good ideas.

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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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Frontier Airlines Ends Human-to-Human Customer Service

Innovation Excellence

GUEST POST from Shep Hyken In a bold move to cut costs, Frontier Airlines announced that it would no longer offer human-to-human customer support. As a customer service expert, I was surprised at this move. I have waited to see the fallout, if any, and thought the company might backpedal and reinstate traditional phone support.

Company 77
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Ricky Ray Butler, CEO Of California-Based BENLabs, Will Explain How Artificial Intelligence Can Help Unlock Creativity At LEAP 2023's DeepFest

Entrepreneur - Innovation

With over 18 years of experience in digital entertainment, Butler is known to have pioneered the use of AI technology within the entertainment and media landscape.

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How to Prepare for the Future of Work: Key Drivers & Best Practices

ITONICS

The ‘Future of Work’ is a much-talked-about topic evoking a sense of uncertainty in an increasingly uncertain world characterized by accelerating technological advances and shifting cultural imperatives. The ‘Future of Work’ is one of the megatrends identified by ITONICS as pervasive and impactful for businesses globally. This article explores key factors driving the future of work and draws from the experiences of some of our clients.

How To 69
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Help Your Employees Make Strong Passwords a Habit

Harvard Business Review

To shore up security, you need to encourage practices your employees will actually use.

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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.