Sat.Oct 06, 2018 - Fri.Oct 12, 2018

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Why Your Innovation Team Will Quit on You 3 Years In

HYPE Innovation

A lot can happen to an innovation program in three years. Some companies see their programs gain momentum and excel in that time. Other companies experience something different. According to former Volvo Trucks Innovation Manager Mike Hatrick, most organizations start to see their programs fail about three years in.

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50+ statistics on innovation – What do the numbers tell us?

Viima

Even though innovation is a highly researched topic, the majority of the work has been conceptual, which in practice means that the researchers have looked at innovation and have tried to classify and explain it, as well as to find ways to best succeed in it.

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Can We Have One of These? A Product Innovation Platform

Paul Hobcraft

Recently I was exploring the world of Product Lifecycle Management (PLM) and read an excellent Whitepaper from Aras Corp , one of the leading PLM solution providers. The Whitepaper called “ Product Complexity, Digital Transformation, and the Innovation Imperative- The race to reinvent how complex products are developed is here “ This made me a little jealous and a little wishing that ‘we’, across the whole of innovation management , could not have one of these platforms a

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How much innovation energy does your bureaucracy have left?

Jeffrey Phillips

One factor I've been considering for some time has to do with the power of a corporate bureaucracy to create or block change. On one hand, bureaucracies are good, in that they codify practices, principles and processes and allow people to get more done quickly as a unit than they might get done alone. Bureaucracies were created to allow people to scale concepts, inventions, products and ideas.

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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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Nine Actions You Can Take Today to Make Your Company More Innovative

IdeaScale

Innovation strategy is often about direction and momentum. But in order to have either, you need at least a small amount of mass to get started. And as we all know, whether it’s a boulder or a bureaucracy, inertia keeps objects at rest from moving. So how do you get up some speed? Try these methods. Focus on small innovations. Big innovations often grow not out of big ideas, but a thousand little ones that come together at the just the right moment.

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Good news for medium enterprises looking to innovate

Exago

Medium enterprises face challenging barriers on the path to good innovation management: limited resources to invest, lack of incentives and of innovation infrastructure, and shortage of innovation specialists are some examples. However, if you are leading innovation efforts in such a company, there are some good news too. The post Good news for medium enterprises looking to innovate appeared first on Exago.

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Reflections ~ One Month Post-BIF

Mills-Scofield

Saul Kaplan Starting Day 2 of BIF - Photo by Stephanie Alvarez Ewens. Every year, the crew at BIF lets me bring a bunch of my Brown University students to BIF. My students are of all ethnicities, backgrounds, years and concentrations - #STEAM. This year, I asked the kids to share their reflections. Profound, personal, hopeful, cautious. Here are their thoughts.

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Innovations in Community Policing: Security & Public Safety for Cities of Brazil

IdeaScale

This summer, I had the opportunity to travel to New York City where I participated in an informative and lively workshop with 15 Latin American Mayors. The Mayors traveled to the United States from Brazil to learn about innovations in community policing. The session was held at the historical Columbia University School of International and Public Affairs, drawing in a robust crowd of academic administrators, educators, and international policy makers.

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Four Pathways to Innovation

Innovation Excellence

I was facilitating a group of senior leaders who were tasked with leading the innovation effort in their respective organization and started the facilitation with the simple yet profound question – “How do you define innovation?” The best answer I’ve so far received to this question is the following: “Innovation is applied problem solving leading.

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How Amazon Innovates

Digital Tonto

It's not any one practice, but how its culture and practice are so deeply intertwined that makes Amazon one of the most innovative companies on the planet. Related posts: How IBM Innovates. How. [[ This is a content summary only. Visit my website for full links, other content, and more! ]].

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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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How to Nail Your Most Valuable Metrics Using the Customer Journey

Moves the Needle

The Customer Journey Everyone is on a journey. Some quite consciously, others perhaps unknowingly, but they still are moving, evolving, and hopefully growing. Businesses are inevitably a part of the journey. Through their products and services, they influence the experience. Their influence might be, quite frankly for better or for worse. Or both. All of our individual journeys are made up of numerous sub-journeys.

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Priorities for Building an Innovation Culture

InnovationManagement

The 97 th Floor Mastermind Series recently interviewed IdeaScale about our company , our industry, our vision for the future and more, but we thought that one of their questions about what values we look out for when building a team are worth repeating here for those of you that are looking to build a culture of innovation at your company (whether it’s start-up sized like IdeaScale or not).

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Lead Innovators, Don’t Manage Innovation

Innovation Excellence

Chief Innovation Officers are growing like weeds. Some think their job is to manage innovation. Some even go so far as to define their desirable traits. They might as well quit since managing innovation will take them in the wrong direction. Instead, they should be leading innovators. Here’s why: 1. Everyone seems to have a different.

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21 projects in 21 months: the numbers behind my consultant life

Board of Innovation

I just wrapped up my 21st project in the span of 21 months! ?? And still, it’s really tricky to explain what I do.* To help answer that question for talents looking to join our team, I wrote down some statistics and spotted some patterns about my work at Board of Innovation so far. Here’s. Continue reading. The post 21 projects in 21 months: the numbers behind my consultant life appeared first on Board of Innovation.

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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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How SAY San Diego is Using Lean Innovation to Create Real Change

Moves the Needle

Co-Authored by Heather Hiscox and Amelia Klawon Get the full case study to save for your records or to show to your leadership team here: Download Case Study. Innovation in the social impact sector can seem intimidating and unreachable. Nonprofit organizations tackle critical and complex community challenges - lack of affordable and accessible food, shelter, health care, and safety - with too few staff and resources.

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Innovation Management: The Value of Seeing What You Have

InnovationManagement

If your job is to get your company, team, or community to innovate, you know how organizational forces can make it hard to even try something new. Visualizing the resources available is an effective first step in overcoming some of those organizational forces. Simply being able to see, and show, what you have allows you to make a compelling case for marshalling resources and even spark some initial interactions in that direction.

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How To Solve A Really Tough Problem In 3 (Not So Easy) Steps

Innovation Excellence

By the early 20th century, the world’s great mathematicians knew they had a big problem. The very foundations of logic, held sacred since the time of Aristotle, were under siege after the discovery of troubling paradoxes by Cantor, Frege and Russell. It was unclear whether things could ever be set aright. It was against this.

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7 hurdles that prevent breakthrough sustainable innovations. How clients can help to overcome these hurdles!

Norbert Bol

Most companies nowadays understand the need to become more sustainable. In general it is fair to say that companies are making progress and have a positive intention to become more sustainable. So called breakthrough sustainability innovations are however scarce. Mostly because these type of innovations are complex and can not be done by one company alone or by a new startup.

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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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How to Attract and Retain Innovative Talent at an Enterprise

Moves the Needle

By Chris Galy, HR Executive Advisor, Moves the Needle Every organization's "greatest asset" is also its most underutilized. Of course, I am referring to the people. The very phrase "Our People Are Our Greatest Asset" rolls off the tongues of CEOs and top leaders so easily that it has become cliche. It’s become just another of those obligatory corporate catch phrases to say in every all-hands meeting and quarterly analyst call.

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Five Digital Profiles of Innovators

InnovationManagement

Organizations need to invest in the cultivation of capacity for innovation and recognize innovators with varying talent and strengths.

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The Silver Bullet Myth

Innovation Excellence

In Eric Ries’s bestselling book, The Startup Way, the Silicon Valley entrepreneur explains how he helped lead General Electric’s transformation from a stodgy industrial era dinosaur into a lean, entrepreneurial enterprise. Yet strangely, as Steve Blank points out in Harvard Business Review, the effort ended up with the ousting of GE’s CEO for underperformance.

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Innovation Programs Are Good, Just Not Good Enough.

helloFUTURE

Like most big companies, you’ve probably run or are currently running, at least one internal innovation program. It might be small workshops, departmental level programs, the rollout of an enterprise idea management tool like Spigit, or something less formal. In our experience, innovation programs are great at generating small, incremental innovations, but they don’t go… The post Innovation Programs Are Good, Just Not Good Enough. appeared first on hellofuture.

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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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Reflections ~ One Month Post-BIF

Mills-Scofield

Saul Kaplan Starting Day 2 of BIF - Photo by Stephanie Alvarez Ewens. Every year, the crew at BIF lets me bring a bunch of my Brown University students to BIF. My students are of all ethnicities, backgrounds, years and concentrations - #STEAM. This year, I asked the kids to share their reflections. Profound, personal, hopeful, cautious. Here are their thoughts.

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Imagination – Our Greatest Strength and our Greatest Weakness

Rmukesh Gupta

One of the greatest strengths of the human race is also one if its weakest link. Our ability to imagine is the source of all the innovations around us that has made our lives and our species so dominant in the also what causes us to trip in a lot of our pursuit. Imagination can be both productive and destructive. . We could end up living in our imaginary worlds and never see the reality.

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Innovation as a Path to Peace

Innovation Excellence

Can collaborative entrepreneurship facilitate a rapprochement in Cyprus? How can innovation offer a path to peace? This question was asked by two young entrepreneurs in Cyprus. For readers unaware of the Cyprus problem, the island of Cyprus is physically divided into the Republic of Cyprus (a UN and EU member) inhabited principally by Cypriots of.

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Smarter Networking to Improve Your Company’s Visibility

InnovationManagement

External networking serves many purposes for a company, and modern digital marketing has become a combination of marketing, customer service, and public relations. Social media and other platforms also allow industry experts and organizations to engage in public conversation about important topics, so being involved and engaged in business and local communities is vital to a company’s success in order to appeal to modern socially conscious audiences.

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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.

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How Platform is Changing What it Means to be a Mall

Innovation Leader

Despite the dire forecasts in the retial industry, Joseph Miller and his partner, David Fishbein, set out in 2013 to create something that was anything but mall-like.

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Which comes first strategic positioning or strategy? Neither.

Focused Momentum

The relationship between strategy and positioning are both the result of strategic planning in which you first set the context within which you operate, and then define the ultimate position you want to achieve within this context. A strategy is your plan for how to move from where you are today, your current positioning, and where you ultimately want to be, your ideal strategic positioning.

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Making Introverts Successful Innovators

Innovation Excellence

I have two sons and they are so different, they have same interests, but comparing their social skills or the way they communicate, they are totally different. Since they were 3 years old and started with Kindergarten, we knew for sure that one is introvert and other is extrovert. A week ago, I was on.

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6 Mistakes to Avoid When Creating a Social Media Conversion System

InnovationManagement

Many people create social media profiles, and then simply leave them online, not particularly performing or contributing to business at all. Social media can be considered a necessary, if not a little meaningless, use of time and resources, but the people who think this way are often missing out on the amazing conversion rates that social media can offer when used properly.

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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.