Sat.Apr 22, 2023 - Fri.Apr 28, 2023

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Constructing the innovation mandate

Paul Hobcraft

So often innovation struggles to be recognized for what it is. Innovation is a critical source of future competitive advantage. It is our ability to consistently capture, build and develop new ideas within organizations or in open collaborations with others that have a direct effect on revenue growth and the ability to provide future sustainability.

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What it means to continuously improve: Definition and strategies

HYPE Innovation

How to define Continuous Improvement? Small steps matter, especially when they’re all taken in the same direction. And there are plenty of examples of innovations that have made a difference – not through a sudden big bang but, instead, through a slow, continuous attack on a problem. Driving incremental improvements may seem like taking only small steps, but those small steps combined can add up to big change.

Strategy 130
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Design Sprint 101: How to Innovate Faster and Find Winning Solutions

Viima

Don’t judge a book by its cover or a process by its name. The design sprint is not just about design, not only for designers, nor it has anything to do with running. But it has plenty to do with guiding a team in the right guiding a team’s innovation efforts. A problem, after all, is at the core of good design and successful innovation. And that’s exactly what a sprint is meant to do – solve a well-defined problem.

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Driving Organizational Change — Without Abandoning Tradition

Harvard Business Review

To shift entrenched ways of thinking, leaders need to understand and respect where people are coming from.

Change 131
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Empowering Retail Associates to Enhance the Customer Experience

Speaker: Andrew Regan, Managing Partner at BlueSeed Retail Ltd.

Did you know that 70% of new retail technology fails to deliver expected benefits and can often decrease customer value, service, and experience? With that in mind, how can we empower our store associates to leverage new technology to optimize the customer experience and boost productivity? This exclusive webinar with Andrew Regan will dive into strategies to empower retail associates for success with new technology.

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How Startups Can Improve the World Through Innovation

Entrepreneur - Innovation

Startup founders should pursue their passion without hesitation. They can improve the world and enhance the lives of customers and employees.

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Innovation Basics: 5 key benefits of Crowdsourcing in Innovation

Wazoku

Changing the world, one idea at a time has to start somewhere. Even the organizations that regularly bring about revolutionary change had to take a first step on their journey. In the Innovation Basics series, we focus exclusively on what that first step could look like for newcomers to the innovation world. Follow this guidance to achieve faster, better innovation.

More Trending

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Unlocking the Power of Imagination

Innovation Excellence

How Humans and AI Can Collaborate for Innovation and Creativity GUEST POST from Teresa Spangler Imagination is not only the uniquely human capacity to envision that which is not, and, therefore, the foundation of all invention and innovation.

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Great Minds Think Unalike — 3 Ways to Drive True Innovation Through Diversity

Entrepreneur - Innovation

When companies diversify at every level, they see increased success. Here's how to follow suit.

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Make It Safe for Employees to Speak Up — Especially in Risky Times

Harvard Business Review

The same behaviors that feel dangerous to employees are precisely what organizations need to thrive in an uncertain economic climate.

Culture 105
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We Need To Stop Fooling Ourselves And Get Our Facts Straight. That Takes Work.

Digital Tonto

In one of my favorite essays the physicist Richard Feynman wrote “The first principle is that you must not fool yourself—and you are the easiest person to fool. So you have to be very careful about that.” He goes on further to say that simply being honest isn’t enough, you also need to “bend over backwards” to provide information so that others may prove you wrong.

Change 169
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Future Focus: Constructing Unshakeable Stability in Your Manufacturing Supply Chain

Speaker: Jay Black, Senior Account Executive

We’ve all heard the buzzwords to describe new supply chain trends: resiliency, sustainability, AI, machine learning. But what do these really mean today? Over the past few years, manufacturing has had to adapt to and overcome a wide variety of supply chain trends and disruptions to stay as stable as possible. Stability has become key in this post-COVID world, and will remain key moving forward.

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Deepening the Thinking Around the Innovation Mandate – part two

Paul Hobcraft

Building out the clarity of any robust innovations mandate needs a depth of thinking Following on from my first post “ Constructing the Innovation Mandate ” we should look further into aspects of the innovation mandate that need considering and clarification Any innovation mandate needs to consider what is meant by the following and provide explanations: Corporate Objectives : The innovation mandate should clearly align with the organization’s corporate objectives and business strate

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How to Create a Continuous Improvement Culture: Strategies and Examples

HYPE Innovation

Raise your hand if you don't want to continuously improve your organization.

Examples 130
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5 Ways to Future-Proof Your Career in the Age of AI

Harvard Business Review

Tools like ChatGPT have the potential to displace human creativity — but people still offer unique value.

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ChatGPT and health care: Disruptive? Or just the same old thing?

Christensen Institute

Back in February, ChatGPT, the popular AI chatbot, passed a medical licensing exam. This exercise, cosponsored by Massachusetts General Hospital, highlighted the potential benefits of ChatGPT (or any AI chatbot) in the future treatment of medical conditions. AI’s potential in health care is not a new discussion point ; forward-thinking health care organizations have been using AI in their offerings for a few years now.

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Unlocking the Secret to Product Team Success: Data, Empathy, and a Whole Lot of Communication

Speaker: Donna Shaw - Senior Product Manager & Eric Frierson - Director of Innovation for Public and School Libraries

Successful product management is more than building a product: you’re also building a team. Working with cross-functional teams can appear chaotic, especially if your goals differ! It can be challenging to figure out how to communicate with team members and stakeholders. However, with some forethought and insights, you can build a successful product management team—one that collaborates to create a product that truly delights your customers.

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Questions Asked But Not Always Answered

Innovation Excellence

GUEST POST from Mike Shipulski This seems like a repeat of the last time we set a project launch date without regard for the work content. Do you see it that way? This person certainly looks the part and went to the right school, but they have not done this work before.

Project 83
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Unraveling the Blockchain Revolution: A Deep Dive into Its Promising Future

Tullio Siragusa

Unraveling the Blockchain Revolution: A Deep Dive into Its Promising Future The blockchain revolution is upon us. Its disruptive potential has captured the attention of technology enthusiasts, entrepreneurs, and investors alike. In a recent episode of the Tech Leaders Unplugged podcast, we explored the the transformative power of blockchain technology by delving into various aspects of blockchain, its applications, and its future.

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Don’t Let Distractions Derail Your Company’s Strategy

Harvard Business Review

They can slow down progress and waste effort — but when managed well, they can also present new opportunities.

Strategy 120
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How can K-12 leaders correctly diagnose what needs to be changed in their schools? And why does it matter?

Christensen Institute

If you’re reading this post, there’s a good chance you’re in the business of “organizational change.” Those words may not be the words you use to describe what you do. But a major body of work happening in K–12 education today boils down to organizational change. Are you a proponent of high-quality curriculum? High-dosage tutoring? Blended learning?

Change 77
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ERM Program Fundamentals for Success in the Banking Industry

Speaker: William Hord, Senior VP of Risk & Professional Services

Enterprise Risk Management (ERM) is critical for industry growth in today’s fast-paced and ever-changing risk landscape. When building your ERM program foundation, you need to answer questions like: Do we have robust board and management support? Do we understand and articulate our bank’s risk appetite and how that impacts our business units? How are we measuring and rating our risk impact, likelihood, and controls to mitigate our risk?

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Reasons Change Management Frequently Fails

Innovation Excellence

GUEST POST from Greg Satell In 1983, McKinsey consultant Julien Phillips published a paper in the journal Human Resource Management that described an “adoption penalty” for firms that didn’t adapt to changes in the marketplace quickly enough. His ideas became McKinsey’s first change management model that it sold to clients.

Change 71
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Why Proactive Change Management is the Right Approach to Transformation (Part 1)

Planview

You know the saying: The only constant is change. It’s true in business — it’s certainly true in life — and it’s why proactive change management matters. Consider this statistic from Gartner: “The typical organization today has undertaken five major firmwide changes in the past three years — and nearly 75% expect to multiply the types of major change initiatives they will undertake in the next three years.

Change 59
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Cyber Thieves Are Getting More Creative

Harvard Business Review

They’re combining real information with tiny bits of misinformation to steal from companies and individuals.

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Why is AI Exploding Now?

IdeaSpies

AI was first discussed in 1956 at a Dartmouth Conference 70 years old.

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The B2B Sales Leader's Guide for Any Economic Environment

When economic headwinds pick up, sales leaders are the first to sound the alarm — and chart a new course. Longer sales cycles, larger buying committees, increased price pressure, and smaller teams can quickly combine to reduce your margin for error and increase the urgency to find a solution. To thrive in a challenging environment, sales teams need a rock-solid grasp of the fundamentals and the biggest force-multipliers they can get their hands on.

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Customer Service is a Team Sport

Innovation Excellence

GUEST POST from Shep Hyken The other day I was having breakfast with 11 of my friends. The server came over, introduced herself, and said, “I’ll be taking care of you.” She took our orders, and a few minutes later, a different server dropped off three of our meals.

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Reducing Carbon Footprint and Energy Costs in Refining Operations with Energy Management Analytics

Acuvate

The hot topics of climate change and global warming have made the world sweat, necessitating swift intervention from the industry and policy-makers alike. With earth feeling the heat, businesses are turning their attention to eco-friendly operations on a large scale. Trimming down carbon footprints and energy expenses in refining processes is vital not just for the planet but also for companies’ survival.

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Infusing Digital Responsibility into Your Organization

Harvard Business Review

Four strategies based on in-depth studies of 12 large European firms.

Study 133
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Idea Management Platform to Support ESG Goals

eZassi

The Triple Bottom Line Approach in Innovation Strategy People | Planet | Profit – their intersection point is Sustainability, and an Idea Management Platform is the best solution to support this critical innovation strategy and the KPIs impacting the triple bottom line. Ezassi’s Idea Management Software is important for sustainability because it enables organizations to systematically gather and manage ideas for green initiatives, circularity, and improved environmental practices from employees,

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Retail Reimagined: What It Means To Be An Innovative Retailer

Speaker: DeAnna McIntosh, Retail Growth Strategist

The past three years have forever changed the retail landscape. Companies of all sizes were forced to welcome change with open arms and surrender to total flexibility in order to be agile in the ever-evolving economic environment. In 2023, we are navigating inflation and its impact on consumer spending, various lasting side effects from the pandemic, and a looming recession in the back half of the year.

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A Global Perspective on Psychological Safety

Innovation Excellence

GUEST POST from Stefan Lindegaard Professor Amy C. Edmondson defines psychological safety as “a belief that one will not be punished or humiliated for speaking up with ideas, questions, concerns, or mistakes.” Achieving psychological safety is essential for fostering innovation and maintaining a competitive edge in today’s rapidly changing business landscape.

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Inclusive Innovation For Net Zero

100%Open

At 100%Open, we’re committed to exploring the latest trends and developments in open innovation. This month, we’re focusing on the urgent need for a new approach to the climate crisis. When the pandemic exposed the fragility of our economic and social systems, a new, more connected, approach emerged. The situation was clearly urgent and important.

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Leading a Midsize Business Through Change

Harvard Business Review

Senior leaders can take in valuable employee input while maintaining decision-making authority.

Change 111
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Relationships as outcomes: Updates from the field measuring students’ networks

Christensen Institute

In 2020, the Christensen Institute released our first Missing Metrics report, detailing how schools and nonprofits were starting to measure their students’ networks. In the three years since, the field has seen significant developments in surveys and other measurement strategies. As the urgency to understand and leverage social capital gains a stronger foothold across education, industry, and research, advances in measurement are taking off on multiple fronts.

Survey 52
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The Problem with Product Market Fit (and What to Use Instead)

Speaker: Daniel Elizalde - Product Executive and Advisor

There is a big problem with the term "product market fit." Launching successful products requires a rare combination of market understanding, iterative development, and a lot of luck. To increase your chances of success, you need to drive your team through a series of clear, actionable milestones that demonstrate you are going in the right direction.