Sat.Aug 12, 2023 - Fri.Aug 18, 2023

article thumbnail

Why Most Corporate Innovation Programs Fail

Innovation Excellence

(And How To Make Them Succeed) GUEST POST from Greg Satell Today, everybody needs to innovate. So it shouldn’t be surprising that corporate innovation programs have become wildly popular. There is an inherent tradeoff between innovation and the type of optimization that operational executives excel at.

article thumbnail

Dissecting 8 Startup Failures in 2023 (so far) and Their Crucial Lessons

Collectivecamp

Stepping into the world of startups is akin to embarking on an expedition: the journey is thrilling, the prospects of discovery unparalleled, but the path is often treacherous. However, the bitter truth is that 90% of startups fail.

52
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Technical Advisors: Every Startup Needs One

TechEmpower Innovation

No good innovator turns down advice! Startup founders make decisions on a daily basis – significant decisions that will have lasting impact on their business. Why do this without the right technical advisor? Would you create contracts without an attorney? Just like attorneys, technical advisors can help navigate waters that many find murky. A technical advisor can: Help specify what to build versus what to buy Help structure third-party development contracts, or lead an in-house team Plan

article thumbnail

We need a new Energy Mantra- innovate, innovate, innovate.

Paul Hobcraft

Energy is a vital part of any country’s ability to be competitive, and we need to recognize that to innovate is the critical enabler to a clean energy future. Today half the world’s capital is invested in energy and its related infrastructure, which is the backbone of any industrial and urbanization strategy. We need to keep pushing for discoveries, experimentation, and demonstrating.

article thumbnail

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

article thumbnail

Barbie the Innovator

Destination Innovation

Margot Robbie as Barbie in the 2023 Film directed by Greta Gerwig Barbie, the iconic fashion doll created by Ruth Handler and launched by the American toy company Mattel in 1959, was highly novel when launched and the brand has continued to innovate in many ways since then. Adult-Like Appearance: At a time when most dolls were babies or infants, Barbie displayed an adult appearance as a slim teenager or young woman.

article thumbnail

The Universality of Leadership: Challenging Industry-Specific Biases

Tullio Siragusa

The Universality of Leadership: Challenging Industry-Specific Biases In the modern business landscape, we often hear the argument that leaders should be hired from within the same industry to be effective. Proponents of this belief argue that familiarity with industry jargon, processes, and nuances is indispensable. While industry-specific knowledge can be beneficial, it’s essential to challenge this bias.

More Trending

article thumbnail

Meet Dan Magdich, Brunner VP, Executive Creative Director Who Runs on Endless Creative Curiosity

Brunner

Dan Magdich’s career has been a fasten-your-seat-belt adventure from his first lessons as an ad agency intern to his current role leading the award-winning Creative team at Brunner. In July 2023, Brunner promoted Magdich from director of creative services to VP, executive creative director. “Dan has consistently demonstrated exceptional dedication, an unparalleled drive for creative excellence, and a passion for the work and the agency.

article thumbnail

Turn Cynics into Believers in Three Simple Steps

Innovation Excellence

GUEST POST from Robyn Bolton You are a leader, an innovator, and an optimist. You see what’s possible, and you sell people on your vision, encouraging them to come on the journey of discovery with you. You’re making progress, getting things done until *WHAM* you run right into that one person.

article thumbnail

What's the Importance of Technology in Continuous Improvement?

Kainexus

The future of excellence is where proven continuous improvement methods and mindsets meet cutting-edge technology, propelling your organization to new heights of efficiency and innovation. Embracing the philosophy of continuous improvement means committing to an ongoing journey of refinement and innovation, empowering all people in our organizations to adapt, evolve, and excel amidst ever-changing market dynamics and customer demands.

article thumbnail

How to Make a Compelling Pitch

Harvard Business Review

If you want to be an effective communicator, you’re going to need to know how to pitch your ideas, concepts, and perspectives to others in both professional environments and day-to-day interactions. To be effective, a pitch needs to be understandable, relevant, and readily convincing — without any strong-arm tactics or perceived gimmicks and tricks.

How To 98
article thumbnail

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.

article thumbnail

How Effective Leadership Skills Foster Strong, High-Performing Teams 

Brunner

Having an effective leader is crucial when it comes to building a solid and high-performing team. A great leader knows that they need to exhibit certain qualities and take specific actions to create a strong team dynamic and help the team succeed. At Brunner, we embrace a “player/coach” management style, actively involving ourselves in the process.

article thumbnail

Imagination versus Knowledge

Innovation Excellence

Is imagination really more important? GUEST POST from Janet Sernack Is imagination really more important than knowledge? How does imagination link to catalyzing collective innovation and unleashing corporate vitality? When I did my research, I discovered that the answer is actually paradoxical! Albert Einstein famously said “Imagination is more important than knowledge.

article thumbnail

Embracing the Inevitable: How Can Anticipatory Leaders Harness Disruptive Technologies?

Daniel Burrus

Today, we are in an era of drastic technological transformation. With the increasing use of digital technologies that include everything from 3D printing to various applications of extended reality, how we do business is constantly and dramatically transforming in ways that we have not seen since the industrial revolution! While company leaders have long been questioning how to navigate this quickly changing landscape, Anticipatory Leaders are one step ahead, leveraging the ever-evolving digital

article thumbnail

How to Strengthen Your Relationship with a Career Sponsor

Harvard Business Review

Junior talent — especially those from underrepresented backgrounds — often face challenges making these connections. Here are three strategies that can help.

How To 98
article thumbnail

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

article thumbnail

Innovation in the Age of AI: How Innovators Stay Relevant

Phil McKinney

Artificial intelligence (AI) has come a long way since its inception, and today it is no longer just a buzzword but an integral part of our daily lives. Innovators know that in the era of AI, they must not only stay relevant but also pass the test of time. Failure to do so could mean being left behind or becoming obsolete. The challenge thus is how innovators evolve and maintain relevancy.

article thumbnail

Will Artificial Intelligence Make Us Stupid?

Innovation Excellence

GUEST POST from Shep Hyken I was just at an industry conference focusing on AI (Artificial Intelligence). Someone commented, “AI is going to make us stupid.” Elaborating on that statement, the commenter’s reasoning was that it takes thinking and problem-solving out of the process.

article thumbnail

Getting One's Ducks In A Row: Tracking A Lux Journey, From Startup To Acquisition

Entrepreneur - Innovation

The Qode co-founders share their experience to offer insights for other entrepreneurs navigating their way from startup to stability, growth, and success.

article thumbnail

What to Do When You Don’t Trust Your Employee

Harvard Business Review

Bi-directional trust is a fundamental aspect of a healthy employee relationship; without it, the leader, the employee, and the broader team suffer. In this article, the author outlines five steps to take if you’re in the uncomfortable position of not trusting one of your employees: 1) Separate facts from assumptions and focus on specific problematic behaviors.

article thumbnail

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.

article thumbnail

How to Spot Your Innovation Blind Spot

Phil McKinney

We all have blind spots in different areas of our lives. For example, while driving, there are areas around your car that you cannot see, whether it's on the sides or behind the car. The same applies to innovation. We all have areas where we are unaware, uninformed, prejudiced, or unappreciative of certain things, and this makes it difficult to recognize an innovation.

article thumbnail

Save on Charting Change Hardcover for Two Weeks

Innovation Excellence

Wow! Exciting news! From now until August 29, 2023 you can get the hardcover version of my latest best-selling book Charting Change for only $34.99 (30% off) using code PALB2S, including free shipping worldwide*! Sorry, unfortunately this sale doesn’t have a discount on the eBook.

Change 75
article thumbnail

How to Set Up an Effective Phase-Gate Process for Ideation | ITONICS

ITONICS

The traditional approach of ad-hoc idea generation often leads to missed opportunities, lack of direction, insufficient evaluation of ideas, and, ultimately, an inability to execute ideas quickly and effectively. A phase-gate process addresses these pain points by providing a structured methodology that guides teams through distinct phases of an idea workflow—from idea generation to evaluation and development.

article thumbnail

Making the Case for the Resources Your Team Needs

Harvard Business Review

Advocating for resources goes beyond the act of getting a “yes” to acquire more tools, personnel, or funds. It represents a deep commitment to your team’s success. It shows those you lead that you’re someone who understands their challenges, values their efforts, and is willing to champion their needs. Plus, with more resources at your disposal, your team can work more efficiently, innovate more effectively, and deliver higher-quality results, directly contributing to the bottom line.

article thumbnail

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.

article thumbnail

Thinkpak: More Than Just a Brainstorming Too

Phil McKinney

Are you finding it challenging to generate fresh, innovative ideas? Are your brainstorming sessions falling flat? Or perhaps you're merely looking for a creative spark to ignite your problem-solving skills? Enter Thinkpak: A Brainstorming Card Deck. This ingenious tool supercharges your creative process and takes your idea generation to the next level.

article thumbnail

Productive Disagreement Requires Trust

Innovation Excellence

GUEST POST from Mike Shipulski When there’s disagreement between words and behavior, believe the behavior. This is especially true when the words deny the behavior. When there’s disagreement between the data and the decision, the data is innocent.

Data 70
article thumbnail

The Fear of Innovation and Change May Directly Cost You as an Individual. Here's How.

Entrepreneur - Innovation

Innovation and change can be scary. But ignoring new ways of doing things has legitimate and tangible costs that can affect all of us.

article thumbnail

Building a Culture Where Employees Feel Free to Speak Up

Harvard Business Review

When employees at every level speak up, they circulate local knowledge, expand the universe of useful ideas, and prevent collective tunnel vision. And not infrequently, minority views turn into novel solutions. But you can’t speak a speak-up culture into existence — doing so in the absence of true psychological safety is an abdication of leadership and an admission of failure.

Culture 90
article thumbnail

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.

article thumbnail

Corporate Venture Capital Firm Structure - Decoding the Anatomy of CVC

Collectivecamp

In the dynamic landscape of investment and innovation, the emergence of Corporate Venture Capital (CVC) firms has introduced a distinctive synergy between established corporations and agile startups. These firms function as a bridge, connecting the resources, expertise, and market access of large corporations with the ingenuity, speed, and disruptive potential of startups.

Agile 52
article thumbnail

Navigating the Unpredictable Terrain of Modern Business

Innovation Excellence

Shifting Sands GUEST POST from Teresa Spangler If you ask me, ‘So what is your business model?’ Our business model’s always about shifting to higher value opportunities. Ginni Rometty Navigating the Unpredictable Terrain of Modern Business The adage “a rolling stone gathers no moss” takes on a new dimension in an ever-evolving world.

article thumbnail

Thought Leader and Influencer Interview with Jean-Christophe Gaillard, Founder & CEO, Corix Partners

Thinkers360

At a Glance Jean-Christophe Gaillard, Founder & CEO, Corix Partners Focus Areas: Cybersecurity, Management, Leadership Thinkers360 In-Depth Profile & Portfolio: Jean-Christophe Gaillard Social Media: LinkedIn | Twitter Book: The CyberSecurity Leadership Handbook for the CISO and the CEO Highlighted Content: The Cybersecurity Spiral of Failure (and How to Break Out of It) , Going the Right Way about Cybersecurity Transformation , There Are Just Too Many Security Tools and Products Thinke

article thumbnail

Designing Generative AI to Work for People with Disabilities

Harvard Business Review

While trust is taking top billing in many discussions about generative AI’s design and uses, it’s also important to bring inclusivity and accessibility into the thick of things early on.

Design 84
article thumbnail

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.