Sat.Jul 29, 2017 - Fri.Aug 04, 2017

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The limitations, criticisms and new pathways for Design Thinking – Part One

Paul Hobcraft

Let me summarize where we are today in design thinking. In the past couple of weeks, I have been spending a fair amount of time on investigating design thinking. This is part one of my thoughts that came out of investigating and researching design thinking in the past couple of weeks. Within two posts, I want to provide my outcomes, bridging the present and pointing towards a better design thinking future, in my opinion urgently needed.

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Incentives for Participation or Incentives for Success? What Works?

IdeaScale

In a fast-paced corporate environment where there are many expectations and a steady stream of work, how (and more importantly) why, would you carve out time to contribute to your company’s new ideation platform? Recently a customer asked me if I could share some insight as to what type of incentives really work to drive engagement across divisions and companies.

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Innovate and Persuade with a Well-Judged Nudge

Destination Innovation

Behavioural nudges are clever policy tweaks often used by governments to influence the choices that people make. They are often found to be more effective and less costly than direct actions such as quotas, taxes or subsidies. Here are some simple examples: Putting calorie counts on menus encourages people to make healthier choices – salads instead of french fries.

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Ecosystems: Goods-dominant vs Service-dominant logic

HYPE Innovation

“Anything that just costs money is cheap” John Steinbeck - American novelist. Before we move on to see how ecosystems are built and managed, let’s take a moment to grasp their underlying logic. In as follows, a crash course on “goods-dominant” versus “service dominant” logic, customer focus, resilience thinking and value co-creation. In short, the “stuff” ecosystems are made of.

Course 187
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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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No Innovation Strategy Fits Every Problem, So You Need To Work With Full Toolbox

Digital Tonto

The truth is that every innovation strategy fails eventually, because there are always new problems to solve. Related posts: Here’s Why Your Innovation Strategy Will Fail. The Difference between. [[ This is a content summary only. Visit my website for full links, other content, and more! ]].

Strategy 169
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Seven Critical Crowdsourcing and Open Innovation Mistakes to Avoid

IdeaScale

Don’t get frustrated with your crowdsourcing campaign. Crowdsourcing and open innovation are great ideas. But like any great ideas, great results need smart execution. Too many ideas fall into a crowdsourcing gap, so here are the problems to avoid. Unfocused Strategy. By far the biggest problem is people have an idea and decide, vaguely, to throw crowdsourcing at the problem.

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Using the FORTH Method to Navigate Your Innovation Journey

HYPE Innovation

Gijs van Wulfen has created a wonderful innovation method, the Forth Innovation Methodology , to provide a systematic way to take ideas into tested business case concepts. Using a highly visual approach he takes the notion of “ the Innovation Expedition ”, as a way to think about the path along which ideas travel, from discovery, to business case concept, to finally emerging as winning ideas in the marketplace.

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How to conquer your Daily Innovation Zone

Exago

Once you've understood the four quadrants of the innovation model - steady growth, productivity gain, industry leadership, game change -, you'll need a plan to conquer your own Daily Innovation Zone. This means also learning how to create game changing innovation with minimum cost and risk. The post How to conquer your Daily Innovation Zone appeared first on Exago.

How To 124
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Do you know how to select the best idea?

IdeaScale

Good innovators recognize that our ability to create meaningful, positive change doesn’t just depend on gathering good ideas, but on our ability to recognize great ideas. That means that we get a lot of questions from our customers about how to select the best idea – things like “how do I prioritize good ideas when I have them?” or “how do I control for the fact that I don’t have a lot of resources to implement ideas?

How To 0
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The neuroscience of imagination

Idea to Value

How is it possible for the brain to imagine something which it has never seen before? While you may never think about it, it is a complex problem which requires sophisticated coordination of different parts of your brain. Check out this excellent TED video above where Andrey Vyshedskiy explains exactly what is going on in your head when you imagine something new.

Video 120
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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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The Baldrige Framework: In Pursuit of Excellence

HYPE Innovation

The history of management is littered with outmoded fads, those tools that seem to have a short shelf-life. There are a few that are seemingly enduring, but one that perhaps does endure is the Baldrige Excellence Framework. Since its inception in 1988 thousands of organizations around the world have used the framework to improve their organization's effectiveness and achieve sustaining results.

Tools 168
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3 Free Change Planning Toolkit™ Site Licenses*

Braden Kelley

According to multiple sources, including McKinsey, 70% of change efforts fail. The reason many change efforts fail is that they often lack a clear plan.

Change 124
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Stop Complaining About Meetings And Start Making Them More Effective

Digital Tonto

They need to function as enablers of networks, not extensions of hierarchies Related posts: How to Run Effective Meetings. We Need To Stop Chasing The Last Big Thing And Start Preparing For the Next. [[ This is a content summary only. Visit my website for full links, other content, and more! ]].

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Incentives for Participation or Incentives for Success? What Works?

IdeaScale

In a fast-paced corporate environment where there are many expectations and a steady stream of work, how (and more importantly) why, would you carve out time to contribute to your company’s new ideation platform? Recently a customer asked me if I could share some insight as to what type of incentives really work to drive engagement across divisions and companies.

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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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Public Speaking Skills: My Worst Presentation Ever

BrainZooming

Ten years ago, last week, I gave what I’ve always considered my worst presentation ever. I call it my “Lee Harvey Oswald presentation.”. The horrible experience wasn’t for lack of public speaking skills, sufficient preparation, and scouting the unusual location ahead of time. It wasn’t for not being ready with options in case something didn’t work. And it wasn’t for not having a friendly audience.

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Good for species survival, not so great for innovation: 16 cognitive biases that can kill your decision making

Board of Innovation

The purpose of this article is to discuss several key cognitive biases and their effects on decision making within strategic innovation management as well as how to minimize their effects so that team members can contribute optimally to the fuzzy innovation process. They are essential in understanding and managing appropriately to ensure your innovation outputs are most suitable to your.

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5 of the Biggest Information Technology Failures and Scares

Exoplatform

IT has become an essential part of our lives nowadays. IT allows us to complete most of our daily tasks, and most jobs require software and a computer. The post 5 of the Biggest Information Technology Failures and Scares appeared first on eXo Platform Blog.

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How Allianz supercharged HR improvements with innovation

Be-novative

The subsidiary of Allianz Group revealed areas for improvement in their employee satisfaction survey. HR identified two areas pointed out by their members: the need for internal process improvement for more efficiency and the want for more opportunities to grow professionally as an organization.

Survey 74
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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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Announcing the 4th Annual World Open Innovation Conference

IdeaConnection

Do you want to hear about the latest open innovation research? Are you keen to know more about how open innovation can help your business? If so, point your feet toward Silicon Valley, San Francisco this coming December for the 4th Annual World Open Innovation Conference (WOIC 2017). This huge annual event lays claim to being one of the most well attended open innovation conferences in the world.

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Your Corporate Ideation Submission Process Directly impacts the success of your innovation initiatives

Svava

Your Corporate Ideation Submission Process Directly impacts the success of your innovation initiatives The means through which internal team members submit their ideas for innovations, the feasibility of submitting the ideas, the framework for their submission ensuring their quality, and the organization or storage of these ideas (or lack thereof), has a direct impact + Read More.

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Innovation: Who Owns it at Your Organization?

Daniel Burrus

Innovation is the lynchpin to success in an era dominated by exponential growth and transformational change. You know that. For some reason, many of your employees seem to know it even better. This raises the question: Is it an issue if your employees are more innovative than you are? And, what happens if there is a culture of innovation among staff that’s more developed and productive than anything your leadership team may have tried to encourage?

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Two strategic approaches to innovation: incremental vs radical

The BMI Lab Blog

There are two complementary approaches to innovation: incremental vs radical. When setting up an innovation strategy, there are many decisions to take. And, probably, one of the first challenges is to choose between two different approaches. Should I choose an incremental innovation path? Or should I rather look for a radical, or disruptive, approach?

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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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Government Funding: Does It Help Or Hurt Innovation?

Phil McKinney

Governments around the world are beginning to see just how much the everyday citizen, the small business owner, or a startup can change the world. They understand that it is no longer just the Walmarts and BPs of every industry that have a significant impact on the economy. Innovators can pop up out of anywhere, […].

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How to Educate for the Future – Not the Past

Innovation Excellence

Clearly, we need to rethink education. Our kids will face a much different world than we live in now. In fact, a study at Oxford concluded that nearly half of the jobs that exist today will be automated in the next 20 years. To prepare for the future, we need to replace our regimented education system with one that fosters skills like teamwork, communication and exploration.

How To 57
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InnoCentive Partners with bauma Open Innovation to Solve Challenges in the Construction Industry

Innocentive

With the launch of the second Challenge on the bauma Open Innovation (OI) platform , we wanted to take the opportunity to highlight this exciting collaboration! bauma is the leading trade fair for the construction and construction machinery industry and the world's largest trade show. The bauma Open Innovation initiative aims to extend the bauma experience for their exhibitors and attendees beyond the trade show, providing opportunities throughout the year for Solvers to tackle industry leaders’

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Is your business innovation strategy outdated?

Idea Drop

The Suggestion Box This box is where you go to store ideas, not act on them. As one of the oldest and most basic forms of market research, the suggestion box is flawed for one key reason: anonymity. The obscurity of the suggestion box was first invented to make employees feel safe in giving their bosses honest, unfettered feedback. Sadly, this whole concept undermines itself pretty quickly.

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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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Learn in small batches, rinse and repeat.

Mike Shipulski

When the work is new, it can’t be defined and managed like work that has been done before. Sometimes there’s a tendency to spend months to define the market, the detailed specification and the project timeline and release the package as a tidal wave that floods the organization with new work. Instead, start with a high-level description of the market, a rough specification and the major project milestones, all of which will morph, grow and inform each other as the team learns.

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Why Are Meetings so Important and How to Make them Effective and Fun

Rmukesh Gupta

Premise: Not a day goes by when I dont hear someone complain about yet another meeting that they need to attend and how it is such a waste of time, money and effort. Yet, there is enough written about the way Alan Mulally , the ex-CEO of Ford, turned around the company in his stint as the CEO, primarily using a weekly cadence meeting with his entire leadership team , called The Business Plan Review.

Meeting 53
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The 5 Most Innovative Renewable Energy Sources

InnovationManagement

As our population grows and we use more natural resources than ever, the issue of renewable energy sources becomes ever more pressing. Innovation isn’t only important in the business world, it’s also crucial for ensuring the future of our planet.

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BMI´s 55 pattern cards: ADD-ON

The BMI Lab Blog

Pattern description. Add-on pattern card illustration. This business model offers a core value at a competitive price, while numerous extras drive up the final price. So, in the end, customers pay more than the originally anticipated but benefit from several options that meet their particular needs. This pattern requires a very sophisticated pricing and marketing strategy.

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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.