Sat.Jul 30, 2022 - Fri.Aug 05, 2022

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Why expertise is a seductive trap for innovation

Jeffrey Phillips

I've been thinking for years that we have innovation all wrong. We treat innovation as it if requires years of experience, deep knowledge of an industry or a technology, or mastery of a specific subject. I think far too often we fall into the fallacy of expertise, and look for great ideas from people who are deeply experienced in one technology or field.

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How to Create Your Trend and Technology Radar in 5 Minutes

ITONICS

B eing able to visualize relevant trends and emerging technologies in a manner that allows specific views, filtering, linking, and relating of different data to each other provides a helpful perspective on opportunities. In the following, w e outline how to create your trend or technology radar with ITONICS in four simple steps.

Trends 69
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America Needs to Innovate Its Innovation Ecosystem

Innovation Excellence

GUEST POST from Greg Satell The world today just seems to move faster and faster all the time. From artificial intelligence and self-driving cars to gene editing and blockchain, it seems like every time you turn around, there’s some newfangled thing that promises to transform our lives and disrupt our businesses. Yet a paper published […].

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Speed may feel like progress, but Velocity gets you to your target

Idea to Value

Too many startups and scale ups today think that the way to success is by being fast. Especially, by growing fast. Speed is king. You need to be the first to market , even if you do not know what your business model is yet. “Move fast and break things” But if you look at making innovation and growth like a scientist would , there is a way of building a business which is much more effective than just speed.

Strategy 261
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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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Why Your Values Determine Your Ability To Compete

Digital Tonto

The truth is that values are essential to how an enterprise honors its mission. They represent choices of what an organization will and will not do, what it rewards and what it punishes and how it defines success and failure. Perhaps most importantly, values will determine an enterprise’s relationships with other stakeholders, how it collaborates and what it can achieve.

Strategy 236
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The Hyper-personalization Data and Privacy Debate?-?Solved

Tullio Siragusa

The Hyper-personalization Data and Privacy Debate?-?Solved. The Internet is an essential part of our life. We surf the internet throughout the day, looking for various products or services online. Data is what we share with the websites we visit. But do we know what happens to our shared information or how our preferences pop as ads? In this podcast recap blog post, we will discuss how websites store data, what goes on with the data that we share, and how we can have an option to control our dat

Data 118

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JIRA isn’t an optimal product management tool—here’s why

Sopheon

Jira has evolved from being a bug and issue tracker software to uses ranging from test case management to agile software development. But should it be used for product management? The post JIRA isn’t an optimal product management tool—here’s why appeared first on Sopheon.

Tools 98
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Disrupt a Business-As-Usual Industry in 6 Steps

Entrepreneur - Innovation

The most influential innovators all have one thing in common: disrupting traditional industry markets. However, only some are able to pull it off. Here are six steps all market disruptors must follow to succeed.

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ESG Investing Isn’t Designed to Save the Planet

Harvard Business Review

Counterintuitively, ESG ratings reward companies that are likely to profit in the climate crisis — not those who are doing the most to fight it.

Design 104
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Innovation in action: Taking lessons, programs, and assessments online

Christensen Institute

This piece is authored by Esther Clark, Executive Director of Marketing, Inspired Online Schools. As the pandemic accelerated growth in the online education space, major accrediting organizations and exam boards turned their attention to online learning and to experienced online schools, like King’s InterHigh , to source expertise and partnership. Our expertise comes from two key innovations: 1) King’s InterHigh is considered the original online school, founded in the UK in 2005 on a simple prem

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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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Continuous Improvement Methodologies - A Brief Overview

Kainexus

While multiple continuous improvement methodologies are used worldwide, they all have one thing in common. They each rely on a scientific approach to problem-solving. Because of that, they offer increased customer satisfaction, lower operating costs, more engaged employees, and overall more successful organizations. Most of these process improvement approaches have roots in the manufacturing sector but have been adapted to fit every industry, from healthcare to construction.

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Why Are Transformations So Hard to Manage?

Innovation Excellence

GUEST POST from Drs. Dean Anderson and Linda Ackerman Anderson Knowing which type of change your organization is undergoing is critical to your success. Three types exist, and each requires different change strategies, plans and degrees of employee engagement. A very common reason for failure in transformational change is leaders inadvertently using approaches that do […].

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Latest ideas from Israel

IdeaSpies

Israel is a little country in land mass with a relatively small population that is only turning 75 years old next year.

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Some students succeed at the expense of others. It doesn’t have to be that way.

Christensen Institute

Educators preach about growth and grit to children, but the system itself fails to encourage perseverance and curiosity. Instead, it does the opposite by affixing labels to students, sorting them into relatively static groups, and signaling to the students that their effort doesn’t matter. This learning model is an outgrowth of a dangerous zero-sum mindset.

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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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Continuous Improvement vs. Lean Six Sigma

Kainexus

We are in a fortunate position to have the opportunity to chat with business leaders across the spectrum about the challenges and opportunities they face. Most conversations involve employee engagement, operational excellence, and customer satisfaction. Leaders are hungry for ways to transform their organization's culture and results. Unfortunately, because so much has been written about the various business management methodologies, it is easy to become confused about what will work best.

LEAN 84
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Now is the Time to Design Cost Out of Our Products

Innovation Excellence

GUEST POST from Mike Shipulski With inflation on the rise and sales on the decline, the time to reduce costs is now. But before you can design out the cost you’ve got to know where it is. And the best way to do that is to create a Pareto chart that defines product cost for […].

Design 83
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Crypto Doesn't Have to Be Serious. Just Ask This Comedian Who Organized a Conference About Failure in the Industry.

Entrepreneur - Innovation

Allison Bishop, general chair of this year's International Crypto Conference, is a computer scientist and comedian who knows humor can make a real impact.

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The secret to UnitedHealth Group’s power

Christensen Institute

As tends to be the case each earnings season, UnitedHealth Group (UHG) has been at the top of multiple headlines lately. Among them was a clear and insightful analysis from Dr. Nisarg Patel that outlined UHG’s strategy playbook as “the original full-stack healthcare company.” Despite the detail and insights he provided, I was left wanting more. It’s clear that with its Optum division, United has a new growth engine that is fueling its growth today, and will do so well into the future.

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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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Restoring Shareholder Confidence When Your Stock Is Down

Harvard Business Review

With an aggressive but thoughtful approach, it’s possible to survive a downturn — and even emerge stronger.

Marketing 102
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Should you be a physician entrepreneur?

Innovation Excellence

GUEST POST from Arlen Meyers, M.D. Not every doctor is cut out to be a physician entrepreneur. Are you? It seems to me there is confusion about physician entrepreneurship, its definition and whether it represents a threat to professionalism. I’m not alone. Is a physician entrepreneur someone who starts and runs a business, or is it something […].

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The 7 Dimensions to Prioritize Your Innovation Efforts

ITONICS

In this article, we’ll unpack the seven critical dimensions upon which organizations should prioritize their innovation efforts, as recommended by Gartner®. This framework can be combined into innovation portfolio planning models, such as the Three Horizons Model, which can be used to balance multiple goals, making it a practical innovation methodology.

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How four market-creating innovations are improving education and employment in Brazil

Christensen Institute

In our recently published paper titled Leveraging Market-Creating Innovations to Solve Brazil’s Education Paradox , we describe how Brazil currently spends more money on education than its Latin American peers, however much of the outcome of its education system is subpar to theirs in comparison. This mismatch in spending versus outcome is what we call Brazil’s Education Paradox.

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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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Amazon’s Foray into Primary Care Won’t Be Easy

Harvard Business Review

After its acquisition of One Medical, how will the giant navigate the U.S.’s $4.1 trillion health care sector?

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7 Tips for Creating a Great Content Experience

Innovation Excellence

GUEST POST from Shep Hyken Content marketing is a sound strategy. Using email, texting, and social media, companies, and brands are taking advantage of an effective way to connect with customers. Most companies use content to deliver value-added information that gets customers excited about what they sell. That makes sense, but it’s limiting. Think beyond […].

Tips 74
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Planview Enterprise One vs. Cascade: Which One Is Right for YOU?

Cascade Strategy

For project management offices (PMOs), picking the right platform to master their workflow productivity and performance often boils down to the same dilemma: Planview vs. Cascade.

Project 52
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Disrupt a Business-As-Usual Industry in 6 Steps

Entrepreneur - Innovation

The most influential innovators all have one thing in common: disrupting traditional industry markets. However, only some are able to pull it off. Here are six steps all market disruptors must follow to succeed.

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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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How to Answer “Why Do You Want to Work Here?”

Harvard Business Review

Three approaches to help you ace this classic interview question.

How To 113
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Top 10 Human-Centered Change & Innovation Articles of July 2022

Innovation Excellence

Drum roll please… At the beginning of each month we will profile the ten articles from the previous month that generated the most traffic to Human-Centered Change & Innovation. We also publish a weekly Top 5 as part of our FREE email newsletter. Did your favorite make the cut? But enough delay, here are July’s […].

Change 58
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Best 7 Project Portfolio Management Software For Portfolio Managers in 2022

Cascade Strategy

Your decision-making is only as good as your information. When juggling multiple projects across an organization, it's not always easy to focus on the big picture and keep strategic priorities in mind. With project portfolio management software, you stand a chance.

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What does it mean to be Disruption Proof? | Ep 01

Moves the Needle

Welcome to The Disruption Proof Podcast! In this episode, Brant talks about what it truly means to be Disruption Proof. To him, disruption means much more than the ideology of startups eating away at the market share of large businesses. What we will focus on are the ongoing disruptions we’re seeing at a rapid pace e.g. pandemic, global supply chain, ransomware attacks, inflation, shortages, and the list goes on.

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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.