Sat.Sep 17, 2022 - Fri.Sep 23, 2022

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Status Bias Inhibits Innovation

Destination Innovation

Status bias is the term used to describe the unfortunate fact that communications such as ideas, proposals and papers are often judged not on their merits but on the status of the originator. Researchers at the University of Innsbruck in Austria carried out a study in which they sent out the same academic paper to three groups of reviewers. The first set of reviewers were told the paper was written by Vernon Smith, winner of the Nobel Memorial prize for Economic Studies.

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Regaining your Curious Nature

IdeaScale

Curiosity is an instinctive impulse that is at the root of all innovation. It’s a trait celebrated as infants, but something many of us begin to exchange for conformity as early as two-years-old. This conformity isn’t just social, but intellectual, as we are expected to process information in methods that aren’t natural for everyone. At-home [.].

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Are You Building Trust or Destroying It?

Innovation Excellence

GUEST POST from Mike Shipulski When someone tells you their truth, what do you do? Do you ask them to defend? Do you tell them what you think? Do you dismiss them? Do you listen? Do you believe them? When someone has the courage to tell you their truth, they demonstrate they trust you. If […].

Design 78
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Success results from deeper engagement and more holistic thinking

Jeffrey Phillips

I've been a consultant most of my working life, doing all kinds of consulting - starting out in software development, moving on to process improvement, data analytics, new product development and strategy. To paraphrase an old saying, all consulting is good, and some of it is useful. I want to talk today about a point I keep seeing get repeated in many of my strategy and innovation customers, a problem that should be easy to solve but it isn't.

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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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3 Reasons Why Business Thinking Is So Consistently Shoddy

Digital Tonto

When I’m finishing up a book, I send out sections to be fact-checked by experts and those who have first-person knowledge of events. I’m always amazed at how much I get wrong. In some cases, I make truly egregious errors about facts I should have known (or did know, but failed to take into account). It can be an incredibly humbling process. That’s why it's so important to not to believe everything you think, there are simply too many ways to get things wrong.

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9 Essential Principles to Create, Innovate, and Sustain

Faisal Hoque

How to work with yourself and others. The newest problems of the world find solutions in the oldest timeless practices like mindfulness, authenticity, and devotion.

More Trending

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How to Properly Engage with Customers to Receive Meaningful Insights

Moves the Needle

One of the most under-appreciated aspects of the global economy’s Digital Transformation may be surprising at first blush: Customers have a lot more power now. While lax antitrust enforcement and the erosion of consumer protections might suggest otherwise, generally, consumers’ needs, desires, and whims are addressed in a multitude of ways, such that the customer gets to choose. .

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Employers Making Strides To Improve Workplace Mental Health

Business and Tech

As workplace stress continues to rise, some employers are making changes to increase benefits that promote self-care, wellbeing, and life-work balance. Taylor Adams Director of Workplace Mental Health, Mental Health America (MHA). Expressing job-related frustrations is an American tradition. However, many employers across the nation over the past year took time to listen to their employees, examine policies, and update benefits that have a direct, personal impact on worker wellbeing.

Policies 246
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The most important words Bill Gates wrote in the Goalkeepers report?

Christensen Institute

“The goal [of food aid] should not simply be giving more food aid. It should be to ensure no aid is needed in the first place. ”. – Bill Gates, 2022 Goalkeepers Report. (Emphasis Gates’). In my view, those words in the most recent Goalkeepers report, are the most important Gates wrote in the annual update. . The brilliance of the words is masked in its simplicity.

Report 145
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If It’s Lonely at the Top – Find the Right Peer Advisory Group

Innovators Alliance

The past few years have been rocky for businesses. Navigating the pandemic and the ensuing economic upheaval, you’ve probably faced critical decisions relating to managing staff, service relationships, supply chain issues and more. On your own. You desperately wanted sage advice while pondering tough choices that you just couldn’t discuss with anyone on your team.

Groups 105
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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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Are You Hanging Your Chief Innovation Officer Out to Dry?

Innovation Excellence

GUEST POST from Teresa Spangler Only 7 percent of companies are delivering on the growth triple play by unifying creativity, analytics, and purpose. They are driving average revenue growth of 2.3 times versus peers from 2018–19 (which increased to 2.7 times versus peers from 2019–20). McKinsey Many innovation leaders are feeling “hung out to dry.” It’s not for the lack of […].

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Moving the Skilled Trades Industry Forward

Business and Tech

In the late part of the 20th century, the skilled trades were thriving. As soldiers returned from war and families were growing at a rapid pace, infrastructure also boomed, which led to high demand for a workforce of men and women to support those industry needs. In schools across the country, classes like wood shop and mechanics were offered to students, providing skill that would afford them the opportunity to work, be successful, and proud.

Industry 246
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Folic acid: The risk of modular thinking in an interdependent situation

Christensen Institute

Randomized controlled trials (RCTs) have long been heralded as the gold standard for evaluating whether interventions are effective. As a result, medical advice and public health policies are often made based on their outcomes. But what if the gold standard is actually leading us astray? By design, RCTs isolate the intervention that is under consideration and hold the other variables constant.

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How is the Lean Methodology Practiced in Healthcare?

Kainexus

The Lean methodology is a set of practices and tools that business leaders initially developed to help manufacturing organizations improve quality and become more efficient. The approach was built on concepts included in the Toyota Production System, which helped Toyota gain a stellar reputation for quality and affordability. The benefits of Lean management are not confined to manufacturing.

LEAN 81
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Reimagined: Building Products with Generative AI

“Reimagined: Building Products with Generative AI” is an extensive guide for integrating generative AI into product strategy and careers featuring over 150 real-world examples, 30 case studies, and 20+ frameworks, and endorsed by over 20 leading AI and product executives, inventors, entrepreneurs, and researchers.

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Driving Change Forward Requires a Shared Purpose

Innovation Excellence

GUEST POST from Greg Satell On September 12, 1962, President Kennedy addressed the nation from Rice University. “We choose to go to the moon,” he said. “We choose to go to the moon in this decade and do the other things, not because they are easy, but because they are hard, because that goal will […].

Change 82
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Addressing Mental Health Post-Pandemic

Business and Tech

Workplace wellness author and Motion Infusion founder and CEO Laura Putnam explains why having the best benefits isn’t necessarily the key to better employee retention and morale. Laura Putnam Founder and CEO, Motion Infusion. Amidst The Great Resignation, what benefits and other rewards should employers offer to help increase retention and prevent burnout?

Study 246
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Larry Fink at BlackRock: Linking Purpose to Profit

Harvard Business Review

What role should investors play in urging business leaders to take environmental, social, and governance (ESG) issues more seriously and enforcing compliance?

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Why Isn’t Your Suggestion Box Working?

Viima

Oh, the suggestion box. Such a little innocent concept, a simple object. Yet it holds a peculiar power to divide people into two opposing camps. One group will state with vigor that the suggestion box is dead. The other one will claim that the suggestion box is a crucial part of your business’s growth. So, which one holds true? Sure, the good old, beaten-up box is obsolete and rarely seen around; however, it does not mean that the concept isn’t working.

Survey 75
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The Big Payoff of Application Analytics

Outdated or absent analytics won’t cut it in today’s data-driven applications – not for your end users, your development team, or your business. That’s what drove the five companies in this e-book to change their approach to analytics. Download this e-book to learn about the unique problems each company faced and how they achieved huge returns beyond expectation by embedding analytics into applications.

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Data Storytelling Training

InnovationTraining.org

Learn the basics of data storytelling and find training resources, articles, videos, and more. Data is all around us – from our schools, to our workplaces, and internet habits. Data storytelling recognizes that data on its own is often not enough to move people to action. Instead, we need to build narrative stories to engage audiences with data and provide value that serves a purpose.

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Employers: Help Your Workers Reduce Stress With Financial Wellness Education

Business and Tech

A recent Mental Wealth survey by Laurel Road, KeyBank’s digital banking platform for healthcare and business professionals, found that 72% of Americans under the age of 40 — Millennials and Gen Z — say managing their finances is a strain on their mental health. The survey also suggests that the strain can be alleviated through financial education, as 79% said they would feel less stressed if they were further educated on topics such as student loan repayment, debt repayment, understanding invest

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Six Simple Growth Hacks for Startups

Innovation Excellence

GUEST POST from Soren Kaplan Building a new business is tough. These strategies will help your startup succeed without a big investment. As many of my readers know, I usually write about strategy, innovation, and leadership. But recently I’ve been asked a lot about how I helped establish Praxie.com as a destination website for hundreds […].

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It’s Time to Fine-Tune Performance Management

Harvard Business Review

A conversation with Harvard’s Heidi Gardner about incentivizing collaboration and long-term customer value.

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Mapping Digital Transformation: Retail’s Strategic Shift

Speaker: Jennifer Wright, Michael Scholz, Jasmin Guthmann, and Scott Canney

Digital transformation in retail is so much more than new technology. You need to get your whole organization, from entry-level workers to executives, on board with the new tech, new skills, and culture changes that digital transformation brings. Leading this mindset shift can be a daunting task… but that’s where this webinar comes in! Join our panel of experts as they guide you through the challenges of digital transformation, preparing you to avoid common mistakes and make the most of incredib

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Optimising Your Return on Open Innovation

100%Open

David recently did a live interview on Twitter Spaces with one of our platform partners, HeroX. They came forward with a few questions to guide the conversation, and the consequent hour was full of fascinating insights and quotable snippets. Adam Olsen , who hosts and produces the Innovation Heroes interviews, describes his motivation behind starting the series: “It’s time to open up the airways, share strategies, engage partners, and leverage the power of crowd intelligence to exped

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Forward-Looking Employers Are Leading the Charge on Cultural Transformation

Business and Tech

Employees’ mental health is at an all-time low, according to a recent survey by Lyra. Nearly 31% of workers surveyed said their mental health has declined over the past year, up from 24% at the end of 2020. Workers were also more likely to say they’d faced stress, anxiety, burnout, and depression over the past year. The biggest jump was among employees with anxiety, which affected 14% more employees than in 2020.

Culture 246
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Five Ways Discomfort Could Lead to Your Next Breakthrough

Innovation Excellence

GUEST POST from Shep Hyken The disclaimer on investments is that “past performance is not an indicator of future results.” In other words, don’t get too comfortable with the past. All you have to do is look at the stock performance through last year (2021) compared to this year’s performance to know this is true. […].

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What Has (and Hasn’t) Changed About Being a Chief Diversity Officer

Harvard Business Review

Interviews with more than 40 CDOs in 2019 and 2021 explore how DEI has transformed in the wake of George Floyd’s murder.

Change 82
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How to Achieve Product-Market Fit

Speaker: Dan Olsen - Product Management Trainer and Consultant, Author, and Speaker

Everyone working on a product is trying to achieve the same goal: product-market fit. But most products fail to do so. In this webinar, product management expert Dan Olsen will share his simple but effective framework for achieving product-market fit from his book The Lean Product Playbook. He will explain his Product-Market Fit Pyramid and The Lean Product Process, a 6-step methodology that guides you through how to: Determine your target customer Identify underserved customer needs Define your

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Seeing innovation differently through ecosystem thinking and design

Ecosystems4Innovating

Thinking of innovation as an innovation ecosystem in design. We need to re-think innovation and provide a new level of innovation integration and optimization. What we see increasingly is the need to change to a different thinking, one of what “ innovation ecosystems.” can provide. In designing these innovation ecosystems, we might have the potential answer to overcoming and giving innovation that chance to be more central to the core of the business.

Design 52
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Reimagining the Future of Work

Business and Tech

Liz Ryan is the chief executive officer and founder of Human Workplace , a publishing and consulting firm whose mission is to reinvent work for people. Below, she discusses how to recruit talent in a digital workspace. Liz Ryan Founder and CEO, Human Workplace. How can corporate leaders positively leverage recruiting platforms and other solutions to recruit and retain top talent in an increasingly digital workplace?

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The Seven P’s of Raising Money from Investors

Innovation Excellence

GUEST POST from Arlen Meyers, M.D. Budding sickcare entrepreneurs inevitably want to know, “How do I raise money for my idea?” Most of the time, they are not ready for fundraising prime time and they have not taken the necessary steps to begin to do so or understand when and if it is the prudent thing or right time […].

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Sustaining an Entrepreneurial Spirit in Your Family Business

Harvard Business Review

Innovation tends to decline from one generation to the next. But it doesn’t have to.

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A Tale of Two Case Studies: Using LLMs in Production

Speaker: Tony Karrer, Ryan Barker, Grant Wiles, Zach Asman, & Mark Pace

Join our exclusive webinar with top industry visionaries, where we'll explore the latest innovations in Artificial Intelligence and the incredible potential of LLMs. We'll walk through two compelling case studies that showcase how AI is reimagining industries and revolutionizing the way we interact with technology. Some takeaways include: How to test and evaluate results 📊 Why confidence scoring matters 🔐 How to assess cost and quality 🤖 Cross-platform cost vs. quality tr