Sat.Jul 11, 2020 - Fri.Jul 17, 2020

5 Key Skillsets of an Innovation Manager

IdeaScale

The role of an innovation manager is diverse. It cannot be described in one single job description. Instead, it is defined by the skills needed to embrace disruption and invoke change. Innovation managers may be referred to by various titles. These can include: Chief Innovation Officer Head of Innovation Innovation Portfolio Manager Some innovation manager … Continued. The post 5 Key Skillsets of an Innovation Manager appeared first on IdeaScale.

Celebrate Failures as Much as The Successes

Strategyzer

In most companies, incentives are tied to success (e.g. sales targets, revenue). But this approach does not work for innovation. In order to succeed at innovation, companies need to build a portfolio with a pipeline of projects and accept that most of these will fail before you find one that works. As such, in order to succeed you can't just incentives and reward the successful projects. It is just as important to celebrate as failures as much as the wins.

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Seeing The Future

Innovation Excellence

Marketing. We will see a decline of traditional media, and a concentration and digitization of advertising. Consumers will be sourcing their info and ‘cool’ online, via very few, integrated and global platforms. Marketing needs to adjust to this behavioral shift. All of this needs to be orchestrated centrally, with a strong set of corporate positions and a periphery of experimentation & negotiation. Trade. Brick & Mortar will see increasing concentration (M&A).

Timing of Innovation – Getting the Odds On Your Side

Idea to Value

When it comes to innovation, there are countless ways things might go wrong. However, one of the most prevalent ones is incorrect timing. If you manage to get the timing just right, your innovations will obviously benefit from huge tailwinds when entire industries are transitioning from the old to the new with you riding at the top of the wave. With the right timing, even mediocre execution can lead to extraordinary results.

The Best Sales Forecasting Models for Weathering Your Goals

Every sales forecasting model has a different strength and predictability method. It’s recommended to test out which one is best for your team. This way, you’ll be able to further enhance – and optimize – your newly-developed pipeline. Your future sales forecast? Sunny skies (and success) are just ahead!

Knock Your Innovation Program Out of the Park

Planbox

From MW to GW’s of Renewable Hydrogen using Electrolyzers

Paul Hobcraft

I was listening to a short chat between Armin Schnettler, the SVP New Energy Business, Siemens Energy, and Kevin O’Donovan. Kevin, without doubt, is an outstanding, knowledgeable technology evangelist for all things relating to the Energy Transition. The two briefly discussed green Hydrogen and where Electrolyzers will fit within the future strategy of building a broader Hydrogen business. You can watch the 4-minute chat here on YouTube.

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Podcast S4E69: Daniel Burrus – Seeing the future and knowing the trends that will come true

Idea to Value

In today’s episode of the Idea to Value podcast, we speak world-renowned futurist Daniel Burrus. He has written 7 bestselling books on innovation, including the Anticipatory Organisation , and has also started 6 leading companies himself. We speak about the difference of hard trends ( that will definitely happen) and soft trends (assumptions, that might happen or might not) , and using the principles of hard trends to guide your innovation efforts.

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This Key Performance Indicator (KPI) Template Drives Growth

Leapfrogging

Management guru Peter Drucker once said, “What’s measured improves.” So true. You get what you measure when it comes to business performance. The problem is that most teams don’t have clear key performance indicators (KPIs) to measure the success of their strategies and projects. Sure, they may have goals, but without clear KPIs, they don’t have a way to know quantitatively that they’re on or off track.

2020 IM Awards: PSA International

IdeaScale

Building an Inclusive Innovation Process. The Need to Innovate at PSA International But prior to 2016, innovation was driven purely by respective business units across the organization around the world and ideas were submitted mainly on paper or through email and manually routed to the relevant subject matter experts. There was no overview of the … Continued. The post 2020 IM Awards: PSA International appeared first on IdeaScale. Case Study 2020 im awards PSA International

Why Let Others Disrupt You? Take the Smart Self-Disruption Journey!

InnovationManagement

In a time when uncertainty reigns, the fear of being disrupted can brutally hurt any business. Responsible leaders who dare to anticipate disruption and take steps to self-inflict it to their organization in a smart and controlled way are best positioned for the future. The post Why Let Others Disrupt You? Take the Smart Self-Disruption Journey! appeared first on InnovationManagement.

11 Ways to Make a Short Remote Design Thinking Project a Success

You can achieve a huge amount in a short period with a virtual design thinking project. While some teams want to come together for several weeks or months to tackle a challenge, others want to run short, sharp projects to find a quick solution. And with the right preparation, attitude, and structure in place, that's totally possible.To help make sure your short innovation projects are a success, download this free guide from the team at Sprintbase, a virtual design thinking platform, to learn their top tips.

STATE: the innovation hub joining the Exago Partner Programme

Exago

STATE, an innovation ecosystem that encourages the development of the creative industry, smart cities, deep tech and hard science, is Exago’s newest partner in Brazil. The post STATE: the innovation hub joining the Exago Partner Programme appeared first on Exago.

Doing and managing innovation

The Future Shapers

For a long time innovation – just like entrepreneurship – has been considered a matter of luck, something that magically happens when the right creative minds meet. Being lucky is great, but not something that can be counted on consistently – as fortune does favour the prepared mind. An organisation prepare itself by improving two critical practices – how they do and manage innovation. The post Doing and managing innovation appeared first on The Future Shapers.

Embracing a Culture of Continuous Learning in Government

IdeaScale

We never stop learning, on a personal level, and that should be transferred over to the professional world. Yet, prioritizing continuous learning can sometimes be a difficult task in government. Here’s what you need to know to implement continuous learning to breed innovation leadership, at all levels. Build A Learning Mindset It all starts with … Continued. The post Embracing a Culture of Continuous Learning in Government appeared first on IdeaScale.

Peace through Entrepreneurship: How Businesses Can Be a Force for Unity

InnovationManagement

Cyprus is politically divided, movement is restricted, and there are two different authorities and sets of laws. How can innovation and entrepreneurship thrive in such a polarized environment - and alternatively, how does that polarization drive innovation? The post Peace through Entrepreneurship: How Businesses Can Be a Force for Unity appeared first on InnovationManagement.

The D&I Garden: Seeds of Innovation that Grow into Creative Breakthroughs

Speaker: Donald Fan, Senior Director of the Global Office of Culture, Diversity & Inclusion at Walmart Inc.

In the digital era, rife with uncertainty and ambiguity, innovation plays an essential role in sustaining organic growth and outperforming the global competition. Research proves time and again, there exists a robust bond between innovation and diversity & inclusion (D&I); our challenge is to help our leaders understand how to plant the seeds of innovation in the fertile D&I garden in order to drive a strategic and competitive advantage from the office and in the digital landscape.

How Small Businesses Can Leverage AI to Battle Bigger Competitors

Entrepreneur - Innovation

Increased productivity, better data collection and more are there for the taking. Keeping Connected

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How internal innovators win the game, with Kaihan Krippendorf

Rapid Innovation in digital time

22 out of the 30 most transformative innovations were conceived by employees. Kaihan explains why internal innovators are so essential for corporate growth, and how they can win out on the innovation path. Innovation Rapid Innovation Unit Corporate Entrepreneurship Entrepreneur Innovator intrapreneurship Kaihan Krippendorf Outthinker The Intrapreneurs' Factory

Anatomy of a Cross-Functional Innovation Team

IdeaScale

Cross-functional teams are powerful tools for innovation. Instead of moving ideas through a committee process department by department, decision-makers and stakeholders come together in one to move raw ideas into concrete approaches. Here’s how to build a cross-functional team that works. Involve Leadership Leaders in a department are the ones who make things happen. They’ll … Continued. The post Anatomy of a Cross-Functional Innovation Team appeared first on IdeaScale.

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The Rise of ‘Conferencing Competence’ and the Decline of Fancy Footwear

Innovation Leader

Thornton May contends that many leaders — and many organizations — are moving too slowly in responding to the dramatic changes that 2020 has brought. More insights inside

B2B Pocket Playbook: End-to-End Guide to Sales Enablement

Sales enablement is the strategic process of providing sales teams with the content, guidance, and mentorship needed to engage targeted buyers. It’s all about equipping sales professionals with the tools they need to put their best-selling foot forward. And if sales teams want to continuously sell better -- and faster -- their sales enablement process must have a game-winning strategy. It's time for you to start selling smarter - and hitting your sales number - with the best B2B database in the market. Get started today.

Becoming A Learning Organization Enables Innovation and Growth

Tullio Siragusa

Becoming A Learning Organization Enables Innovation and Growth. It is rightly said that anyone who stops learning is old, doesn’t matter if they are twenty or eighty. Anyone who keeps learning stays forever young.”. We are living in an age where technologies and economies are transforming the entire workplace. Employees are consistently trying to do better, and don’t like to remain stuck in the same position or organization for too long.

Complacency Stunts Innovation

Daniel Burrus

Complacency is often mistaken for stability, the feeling you’ve “made it” and now you can sit back and revel in what you’ve built. However, that ideology carries far more pitfalls than we realize. Complacency is even more detrimental in the environment we live in today, dominated by exponential digital disruption. It’s essential to eliminate complacency with both an anticipatory mindset and a willingness to act on the abundant opportunities ahead. Why Is Complacency Dangerous?

How the Royal Australian Navy Nurtures Innovators

InnovationManagement

The first time I heard Stephen Delo speak, it was at the Australian Intrapreneurs Summit. He was talking about some truly fascinating ideas: how 3D printing could be used at sea, possibilities for drones, new methods for making the Royal Australian Navy more sustainable, and beyond. The post How the Royal Australian Navy Nurtures Innovators appeared first on InnovationManagement. Podcast intrapreneurship recognition

Shifts in the Retail Pharmacy Ecosystem

Board of Innovation

We mapped the retail pharmacy ecosystem in the US and identified opportunities new players are leveraging to challenge incumbents. The post Shifts in the Retail Pharmacy Ecosystem appeared first on Board of Innovation.

Pressure Points: How to Ensure Your B2B Pipeline Passes Inspection

This eBook highlights best practices for developing a pipeline management process that helps sales leaders and their team C.L.O.S.E (you’ll see what we mean in this eBook) more revenue through data-driven prospecting, stage analysis, and subsequent sales enablement.

20 Inspirational Business Process Improvement Quotes

Kainexus

Let’s be honest, it can be difficult to get people excited about the subject of business process improvement. The phrase itself has no personality, no flair. Of course, we know that continuous improvement and innovation are requirements for success in today’s hyper-competitive environment. One way to get teams excited about business process improvement is to bring meaning to it using an inspiring motto or catchphrase that gives life to the idea.

Praktikant (m/d/w) im Innovationsmanagement

whataventure

Werde Teil des Teams! Praktikant (m/d/w) im Innovationsmanagement. JETZT BEWERBEN. Start. Ab sofort. Anstellung. Praktikum. Sprachniveau. B2 Deutschniveau. Über uns. WhatAVenture hat es sich zum Ziel gemacht, Unternehmen dabei zu unterstützen, ihre Geschäftsideen iterativ und nahe am Kunden zu entwickeln.

Why Pampered Chef is Reinventing a Well-Established Sales Model

Innovation Leader

The migration away from in-person selling actually predates COVID-19 for Pampered Chef, but they’re taking advantage of the moment to experiment with social media

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Innovation Feedback Loops

Innovation 360 Group

One of the hardest parts of working with any kind of innovation or development is reimagining an old problem or discovering a new one. Anthropological studies, business model canvases. The post Innovation Feedback Loops appeared first on Innovation360. Blog Feed Back Loops Innovation

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Marketing-Led Post-COVID-19 Growth Strategies

Businesses are laying off workers, shutting their doors (some permanently), and struggling to react to the radical destruction that coronavirus (COVID-19) is doing to our society and communities. Most have already sustained massive damage, and we still have yet to see the scope of impact of the global pandemic that has upended the globe. Any return to normalcy may seem far-off, but sales and marketing are on the front lines of restarting the economy. When the dust settles, we have a responsibility to turn our shock and grief into fierce determination, and lead the charge of responsible, strategic, sustainable future growth. However, there’s no team better suited to lead that charge than the marketing department. Marketers are uniquely positioned to provide creative solutions to aid their organization in times of change and chart a course for navigating success.

The price of a cheap supply chain. Are you willing to take the risk?

Board of Innovation

Thanks to the resilience of global supply chains the world economy did not grind to a halt when most of the world went into lock-down. But, it has come at a price. Going forward supply chains need to be re-examined to keep operating cost-effectively while minimizing risk. The post The price of a cheap supply chain. Are you willing to take the risk? appeared first on Board of Innovation. All Innovation strategy low touch economy supply chain

10 Things to remember before you launch your own Innovation Lab

The Future Shapers

So your business is thinking about introducing an innovation lab and you can’t wait to get started – but are you fully prepared? Pietro Marini’s essential guide – derived from successful real-life implementation – is everything you need to know about what to remember and what to expect when beginning this part of your company’s journey. The post 10 Things to remember before you launch your own Innovation Lab appeared first on The Future Shapers.

How to Rebuild a Team During a Crisis [A CMOE Case Study]

CMOE

Helping leadership teams recover after the global pandemic will be no small task. In this blog, we will share the story of one leader who is using his experience with CMOE’s Team Alignment process to bring his team back from the brink. Case Study: Shawn. Shawn is considered by many to be a good leader. He wants the best for his team and all of his stakeholders and worked tirelessly during the pandemic-driven shutdown and subsequent reopening of his plant to ensure the business would survive.

Becoming A Learning Organization Enables Innovation and Growth

Tullio Siragusa

Becoming A Learning Organization Enables Innovation and Growth. It is rightly said that anyone who stops learning is old, doesn’t matter if they are twenty or eighty. Anyone who keeps learning stays forever young.”. We are living in an age where technologies and economies are transforming the entire workplace. Employees are consistently trying to do better, and don’t like to remain stuck in the same position or organization for too long.

How ZoomInfo Helps Overcome the Top Pain Points of Inside Sales

Recent digital transformation has shifted the B2B landscape by ushering in the era of buyer empowerment. With more access to user reviews, analyst opinion, and industry research, decision-makers are more informed than ever while navigating what is now known as the “buyer’s journey.”