Sat.Jan 26, 2019 - Fri.Feb 01, 2019

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The Innovation Stack

The Inovo Group

“Where is the Life we have lost in living? Where is the wisdom we have lost in knowledge? Where is the knowledge we have lost in the information?”. – The Rock by T.S. Elliot. Highlights. The two dominant models of innovation are the process/activity model and the human/proficiency model. A third model – the knowledge/flow model – offers an alternative perspective and approach to designing and building an innovation system.

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How to know when the old models don't work any more

Jeffrey Phillips

As Malcolm Gladwell and other business writers have found, it is entirely possible to write a compelling article around a rather obvious point, and still hold the reader's attention. As a case in point I draw your attention to this article - entitled Why Corporate Innovation is so Hard. This article was clearly written by a communications master, because it has an attractive title that seems to address an intractable problem (and suggest an answer) and is based on a premise that seems inescapabl

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How Fantasy Becomes Reality

Digital Tonto

Once we have exhausted the realm of the possible, we often must venture into the realm of the impossible to see a new direction Related posts: 4 Visionaries Who Saw Far Into The Future And How They. [[ This is a content summary only. Visit my website for full links, other content, and more! ]].

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The Tyranny of the Blank Page: How to get over writer’s block

Idea to Value

Why are blank pages so scary? Whether it is in the form of a book to be written, a presentation to be delivered, a song to be scribed or any other creative output. The sight of a blank page is enough to prevent many people from ever getting started. But why is this? While there is little research on the topic apart from a few books and academic assessments , we can piece together the puzzle through our understanding of how the mind finds and builds new 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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How HR Impacts Corporate Innovation

IdeaScale

The right people make the difference in innovation. Human Resources is sometimes overlooked as a source of innovation. Yet, in many ways, it’s the wellspring of innovation; HR departments recruit, hire, train, and support the individual employees of an organization who will make up the innovative teams that drive your company forward. So how can your HR department help build a culture of innovation?

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How to Cut Costs and Still Be Innovative

Leapfrogging

The best innovations reduce costs while adding value at the same time. With all the hype these days around the impending disruptions on the horizon such as blockchain, artificial intelligence, augmented reality and the like, it’s natural to assume that breakthrough innovation requires breakthrough technology. And if you consider the mind-boggling burn rates of recent innovation icons like Uber , WeWork , and MoviePass , it’s also easy to assume that monstrous investments are needed t

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What are the three things every idea needs to be successful? The balanced breakthrough model

Idea to Value

What are the three things which every idea needs to be successful? At Deloitte, we have found that in order for an idea to succeed, it needs to possess three key attributes. Together, these three criteria form what we call the Balanced Breakthrough model. The Balanced Breakthrough Model. the balanced breakthrough model. In order for an idea to become a successful innovation, it needs to validate the following three characteristics: Desirability: Is there demand for this idea?

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Unleash the Power of Lateral Thinking for Inspired Innovation

IdeaScale

Sometimes the key to solving a problem is ignoring the “rules.” IBM has famously made “THINK!” a command to drive innovation. However, it’s not just the act of thought that’s innovative, but how you think. Learning to think laterally can offer surprising and elegant solutions to even thorny problems. So how do you bring lateral thinking to your organization?

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3 ways to kill a business on paper

Board of Innovation

It is one thing to take a piece of paper, fold it into an airplane shape, hurl it across a room, and make it fly. It’s quite another to construct an airplane in real life. This might seem like an obvious thing to point out, but this is often what happens when people try to. Continue reading. The post 3 ways to kill a business on paper appeared first on Board of Innovation.

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The What, Why and How of Trade Promotion Forecasting

Acuvate

Trade Promotions are a crucial part of the consumer packaged goods (CPG) industry. They are highly instrumental in driving sales, creating brand visibility, awareness and loyalty. As per a research carried out by Nielsen Holdings, more than 40% of trade promotions carried out are ineffective and do not yield the intended results, furthermore, about 59% of trade promotions done do not even break-even.

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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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Why Your Idea is Not Investor-Ready

Innovation Excellence

In my role as the President and CEO of the Society of Physician Entrepreneurs (SoPE), I sometimes receive inquiries like this: “Hi, Dr. Meyers. I was reading some of your posts on the SoPE website and social media, and was wondering if you wouldn’t mind taking time to read the enclosed business plan for an idea I.

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How to Use Crowdsourcing in Your Digital Marketing Strategy

IdeaScale

A new innovation in the digital marketing sphere is the idea of using crowdsourcing to generate or test marketing ideas. Up until this process, marketing, digital marketing and traditional marketing had been a “ one-way conversation ,” according to The Huffington Post. Previously, the only contributor had been the firm, who would generate, test, and implement marketing schemes and campaigns according to internally sourced ideas.

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B2B Co-creation: 50 key learnings and insights

Board of Innovation

Learn to co-create strategic corporate partnerships to build innovative win-wins for greater B2B business impact. We're sharing our key insights in this blog post. The post B2B Co-creation: 50 key learnings and insights appeared first on Board of Innovation.

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Explore Observe Ask: Suspend Your Own Assumption

Beyond the Obvious

I used to spend a lot of time in India, as most tech guys do. The subcontinent can be spectacularly disorienting for a Westerner. On one trip, I stayed in a blissfully air-conditioned, five-star hotel. Outside there was 100-degree heat, and the uniquely foul stench of Kolkata’s open sewers and packed streets. Inside I had […].

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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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Becoming A Successful Executive Doesn’t Prepare You To Innovate

Innovation Excellence

Becoming a successful executive is a fairly linear path. You start at the bottom and learn to solve basic problems in your field or industry. As you gain experience and improve your skills you are given more responsibility, begin to manage teams and work diligently to set up the practices and processes to help your team.

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Reorder your Chain of Beliefs with a leaner Lean Canvas

Leanstack

In my last post , I described how sketching an idea on a Lean Canvas is akin to stacking a chain of beliefs. Later links rely on earlier links, and cracks in your early links have a ripple effect. This is why it’s particularly important to confront your chain of belief and focus on your weakest links first?—?your riskiest assumptions. The real challenge isn’t idea generation, but idea validation.

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B2B Co-creation: a collection of learnings and insights

Board of Innovation

What is B2B co-creation? An innovation program where you involve a real B2B partner customer. You’ll co-create in a strategic corporate partnership whilst building a win-win situation for greater B2B business impact. Myth-buster: Co-creation is not just for B2C contexts. B2B co-creation, otherwise known as corporate partnerships, has a lot of opportunity for big impact.

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What is Digital Transformation in Business and Why is it Important?

Moves the Needle

Digital Transformation (also known as “DX”) is the phenomenon that virtually all companies are incorporating digital technology at some level. The digitization might be specific internal processes, tools, or operational components, or can refer to a complete revamp of a company’s products and services. The term is not new. In fact, it has been around since the 1990s, when technology started to become commonplace in businesses, and email and the Internet emerged as ubiquitous productivity tools.

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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 Create a Strategic Planning Process for Innovation

Innovation Excellence

Every innovative product begins as a concept in the mind of someone or some group of people. These concepts are the seeds of your company’s future growth. How is your company cultivating these seeds? How do companies manage this asset, the portfolio of product concepts, even before they enter the pipeline? In our experience, product.

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It Isn't Home Runs! More At Bats = More RBIs

Mills-Scofield

Hank Aaron ~ All time MLB RBI Hitter (2,297) Picture Credit USBData. Opening day is March 28th. The media, fans, and managers will be focused on key stats like on-base and slugging percentages, defensive runs saved, walks/hits per inning pitched and ERA … and of course Grand Slams and Home-Runs! Guess what, companies love those big sexy stats too - especially for innovation.

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Innovation Leaders Are Good at These Three Things

InnovationManagement

IdeaScale has honored innovation leaders in their annual Innovation Management Awards for six years now. Award recipients have come from almost every industry with a variety of goals (from eradicating cancer to identifying new university technology best practices), but this year’s winners share a few key characteristics that all innovation leaders need to embody.

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Individual compentences for sustainable entrepreneurship and innovation

Norbert Bol

Sustainability has become an important aspect in every business nowadays. However, how can we implement sustainability successfully in our business practices? Lambrechts et al. (2019), show how individual sustainability competences can play a role in business projects and especially in building projects. Sustainability competences can be described as a cluster of related knowledge, skills, attitudes and values that enable a person to act effectively on sustainable development.

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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 Find Innovation Champions and Pilot Partners from Outside In

Innovation Excellence

Creating corporate innovation is never easy and takes several steps. Carlson and Wilmot mention five disciplines: Important Needs: Work on important customer and market needs, not just what is interesting to you. Value Creation: Use the tools of value creation to create customer value fast. Innovation Champions: Be an innovation champion to drive the value-creation process.

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Technology Products Should “Just Work”

helloFUTURE

Judging by the state of consumer technology today, especially in the smart home space, one wonders if anyone ever ran any design thinking sessions with customers who are genuinely not like the team who builds the product. In my view, as a technologist, we still create new products for ourselves instead of for our real… The post Technology Products Should “Just Work” appeared first on hellofuture.

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How to get your startup better known

IdeaSpies

The following are ways you can make your start-up well known by publicity through guest posting. What is guest posting? Guest posting can simply be defined as the act of contributing to another web owner’s or blogger’s website. How do you get started? . The first step will be to search for an authority website that allows contributors.

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Five Perspectives of Innovators

InnovationManagement

Innovators are among us and within us, spot them by how they think and do things differently.

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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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The Killer App For Driverless Cars

Innovation Excellence

Few of us have even thought about this particular use of driverless cars. But once you know you won’t want to live without it. This is the second in my series of columns on Autonomous Vehicles. Of all the potential benefits to driverless cars, and there are many, I’m going to bet that there is.

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B2B Co-creation: Our learnings and insights

Board of Innovation

Myth-buster: Co-creation is not just for B2C contexts. B2B co-creation, otherwise known as corporate partnerships, has a lot of opportunity for big impact when it comes to innovative business offerings between manufacturers and their most trusted customers. We’ve seen firsthand how successful it can be and wonder why more organizations aren’t doing co-creation programs.

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Why and how to encourage your team to take breaks at work

IdeaSpies

Taking Breaks for Better Brain Power It may be tempting to power through a big project or compress work hours in order to leave early. But the brain needs periodic downtime. When workers stay at a task for a long time, their performance suffers. The human brain is designed to move through periods of focus and unfocus. Don’t be fooled by the term unfocus.

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Seeing What Isn’t There

Mike Shipulski

It’s relatively straightforward to tell the difference between activities that are done well and those that are done poorly. Usually sub-par activities generate visual signals to warn us of their misbehavior. A bill isn’t paid, a legal document isn’t signed or the wrong parts are put in the box. Though the specifics vary with context, the problem child causes the work product to fall off the plate and make a mess on the floor.

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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.