2018

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You Need an Innovation Value Proposition and Here's Why

HYPE Innovation

An innovation value proposition (IVP) is not the easiest place to go. It must build meaning and purpose and provide that unique identity that enables innovation to flow. Building your innovation value proposition is critical to your innovation success.

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A Revolutionary Idea – Thinking Inside the Box

Destination Innovation

McLean in 1957. Containerization was a massively important innovation which powered the expansion of global trade but it was a difficult idea to implement. Before containerization, goods were physically manhandled as break bulk cargo. At the factory or warehouse goods were loaded onto a truck, driven to a port and then offloaded to await the next suitable ship.

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Is Your Innovation Problem Really a Strategy Problem?

Tim Kastelle

Note: this was originally posted on Harvard Business Review Blogs , with terrific editing by Sarah Green Carmichael. Sometimes, the problem that we think we’re solving isn’t the real problem that we face. I was running a workshop with a multinational engineering firm when I ran into a perfect example of an air sandwich, which illustrates this point.

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The 7 (+1) things you have to do to succeed as an Innovation Director

Exago

As companies fight to stay ahead of the innovation curve, the role of the Innovation Director is developing and growing in significance. Some have trained in the field with a high degree of specialisation, while others have fallen into the position from other areas and have moulded themselves to become the innovation leader of their company. Regardless, their goal is the same: to help propel and direct innovation within their organisation.

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Why You Need to Use Case Studies in Sales and Marketing (and How to Start Now)

Case studies are proof of successful client relations and a verifiable product or service. They persuade buyers by highlighting your customers' experiences with your company and its solution. In sales, case studies are crucial pieces of content that can be tailored to prospects' pain points and used throughout the buyer's journey. In marketing, case studies are versatile assets for generating business, providing reusable elements for ad and social media content, website material, and marketing c

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The Arrival and Potential of Knowledge Graphs into Our World

Paul Hobcraft

Knowledge Graphs have a real potential to become highly valuable, topical and relevant. If only we can get them prised out of the engineer, data scientists, or software experts hands. We simply should so we can get this concept fully out into the real world, that of applying as solutions to real client problems, it would really help. I get tired of hearing about “use cases”, where concepts like KG often get caught-up in never-ending validation.

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Tools to Predict Your Company’s Future: Scenario Planning and Crowdsourcing

IdeaScale

As an innovation strategist at IdeaScale, I focus on helping our clients think creatively about how best to engage their crowd and leverage the wisdom of the crowd to source ideas for new products and services and improve processes. I often share this quote by Wayne Gretzky “Skate to where the puck is going, not where it has been.” I have revised Gretzky’s statement to say “Skate to where the puck is going, not where it is.”.

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How To Prepare Your Kids For a Post-Digital Age

Digital Tonto

The jobs of the future will involve humans collaborating with other humans to design work for machines and value will shift from cognitive to social skills Related posts: How We Should Prepare Our. [[ This is a content summary only. Visit my website for full links, other content, and more! ]].

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In Defense of Experiment Velocity

Grasshopper Herder

As corporate innovation gets more trendy, businesses are keen to put clear KPIs in place to measure the effectiveness of innovation teams and hold them accountable for making progress. There is a rush to replace traditional KPIs with more actionable metrics such as experiment velocity. The post In Defense of Experiment Velocity appeared first on GrasshopperHerder.com.

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Putting the coordinates into your innovation World

Guide 4 Innovating

Innovation can be fairly complex in what needs to be pulled together, as often it ‘flies’ in contradiction to the normal organizations ways and wishes to work in structured, efficient ways. Innovation can often be rather chaotic and discovery driven. One of the useful ideas of using an external resource is to put additional coordinates into your innovation world, they see contradictions in a different way and can assist in working through the conflicting signals, so as to help align

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Innovation Management ? Definition, Processes, Frameworks and More

Viima

Innovation, innovation, innovation! There’s hardly a business event or conversation you can have without hearing the term.

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Retail Tech: Empower Associates, Optimize CX, and Boost Productivity

Speaker: Andrew Regan, Managing Partner at BlueSeed Retail Ltd.

Did you know that 70% of new retail technology fails to deliver expected benefits and can often decrease customer value, service, and experience? With that in mind, how can we empower our store associates to leverage new technology to optimize the customer experience and boost productivity? This exclusive webinar with Andrew Regan will dive into strategies to empower retail associates for success with new technology.

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Living Labs and Open Innovation

HYPE Innovation

"Living labs" is a label applied to an array of very different innovation infrastructures that did not make it in the Jargon Madness finals of Forbes but is nonetheless “trendy, but confusing.” In this post, you will learn what it means and how linging labs is a usefuly concept for open innovatino programs.

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Six tips to help you think better at chess – and in general.

Destination Innovation

Here are some thinking tips to help make you a better chess player. Funnily enough the same approaches can be very helpful in other walks of life too. Develop your pieces. At the start of the game don’t move the same piece several times or launch a premature attack with just one or two pieces. This rarely works. Use each move to develop another piece and put it on a strong square.

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How Do We Build 21st Century Business Skills?

Tim Kastelle

“How do you teach people to be more comfortable with ambiguity?” That was the question from the person in charge of Talent for a big bank at a workshop we ran with them recently at UQ. My response was: “The first thing we need to do is give them projects to do where we can’t know what the right answer is in advance.” Of course, we often avoid doing this in universities, mainly because…… we’re uncomfortable with ambiguity ourselves.

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The 4 types of innovators: hunters, builders, explorers, and experimenters

Board of Innovation

Board of Innovation helps companies who want to stay ahead of the curve. Over the past years, we’ve supported many leading organizations like GE, Philips, ING, and AB-Inbev in designing and executing innovation strategies. By assisting multiple global innovation leaders in their innovation journeys over the years, we got to see how innovation itself has.

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Future Focus: Constructing Unshakeable Stability in Your Manufacturing Supply Chain

Speaker: Jay Black, Senior Account Executive

We’ve all heard the buzzwords to describe new supply chain trends: resiliency, sustainability, AI, machine learning. But what do these really mean today? Over the past few years, manufacturing has had to adapt to and overcome a wide variety of supply chain trends and disruptions to stay as stable as possible. Stability has become key in this post-COVID world, and will remain key moving forward.

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How do we measure success in our digital transformation? A journey of discovery

Paul Hobcraft

How do we find answers to knowing what measures give us for success in any digital transformation? Are today’s measures relevant to tomorrow, are they still based on our legacy system of measurement, when a business was operating in a stable, predictable environment? Today I think we certainly have a beginning point but all of us lack a clarity of the end point of where digital transformation will take us.

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Are Digital Transformation and Innovation the Same Thing?

IdeaScale

Some companies have an innovation strategy. Some companies have a digital transformation strategy. Are these the same thing? The short answer is “no” but both efforts are important and here’s a brief explanation and an example of each of them. Innovation. Innovation is the introduction of any significant, positive change. This can be changes in public policy, small improvements to a company’s processes, totally new, disruptive product offerings, and more.

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Innovating what we innovate

Jeffrey Phillips

It finally came to me last week. For over a decade I've been working with corporations, trying to help them accelerate their ability to generate new, interesting ideas to market as viable products and services. In some instances we've been successful, and in other instances there were interesting failures. I've recognized for a while that some major challenges exist.

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4 Things Nobody Ever Tells You About Innovation

Digital Tonto

The truth is that there is no one path to innovation, everybody has to find their own way Related posts: #MonkeyFirst Innovation. Becoming A Successful Executive Doesn’t Prepare You To Innovate. 4. [[ This is a content summary only. Visit my website for full links, other content, and more! ]].

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Cracking the Code to Product Team Success: Data, Empathy, and Extraordinary Communication

Speaker: Donna Shaw - Senior Product Manager & Eric Frierson - Director of Innovation for Public and School Libraries

Product management goes beyond product development; it involves nurturing a cohesive team. Collaborating with cross-functional teams can be overwhelming, particularly when objectives diverge. Establishing effective communication channels with team members and stakeholders can be a daunting task. Nonetheless, by leveraging foresight and valuable insights, you can cultivate a thriving product management team that works together harmoniously to craft customer-centric products.

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24 Experts Share How To Build An Organisational Culture That Drives Innovation | Collective Campus

Collectivecamp

The biggest killer of innovation programs is organisational culture. Learn from experts like Steve Blank, Adam Grant, Jacob Morgan and Lawrence Levy on how to make it work within your company.

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Innovate Like Isaac Asimov – Lessons from An Innovator Years Ahead of His Time

Innovation Excellence

It should be no surprise that innovation is a constantly evolving field. As innovators, it is in our nature to constantly evaluate, optimize and reinvent our models and processes. Indeed, how can we expect to help our clients to evolve and reinvent their products and services if we cannot continuously improve our own? However, sometimes.

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The Shake Up Learning Members-Only Library! (FREE Downloads)

BrainZooming

The post The Shake Up Learning Members-Only Library! (FREE Downloads) appeared first on Shake Up Learning. The FREE, Shake Up Learning Members-Only Library Has Arrived! New for 2018, the Shake Up Learning Members-Only Library of FREE Downloads ! I’ve been blogging since 2014, and I’ve always tried to create free and useful resources for educators.

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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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ERM Program Fundamentals for Success in the Banking Industry

Speaker: William Hord, Senior VP of Risk & Professional Services

Enterprise Risk Management (ERM) is critical for industry growth in today’s fast-paced and ever-changing risk landscape. When building your ERM program foundation, you need to answer questions like: Do we have robust board and management support? Do we understand and articulate our bank’s risk appetite and how that impacts our business units? How are we measuring and rating our risk impact, likelihood, and controls to mitigate our risk?

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The Innovation Sophistication Index

Destination Innovation

How can you assess how innovative your business is? The Innovation Sophistication Index is a list of just 24 statements. For each statement you score one point if you fully agree with it for your organization. Please try the list below now. If your score is less than six then you are probably at Stage 1. This is the Launch phase where the need for innovation is recognised but not much has been achieved so far.

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Well, No, I am NOT a Natural

Tim Kastelle

“I was looking for work that would make my heart sing.” Jamie Ford said that recently at a UQ Business School alumni event as she told us about the path her career has taken. She said that her current role as Head of Customer Experience for Uniting Care Queensland does exactly that. Jamie was one of the people that I interviewed for Design Thinking and Creativity for Innovation which is a free online course – please check it out!

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How to shape your innovation strategy in only 5 days

Board of Innovation

Go from the blank page on Monday to multiple innovation blueprints on Friday. The post How to shape your innovation strategy in only 5 days appeared first on Board of Innovation.

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Optimism in Innovation, Thinking About Risk Differently

Paul Hobcraft

For me, there is never enough talked about innovation risk. Innovation is held back so often because the quantification of risk cannot fit into an organization’s current assessment and measurements of risk. It is often too intangible, full of unknowns as the very nature of anything new and different. Innovation risk leaves many executives very uncomfortable.

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The B2B Sales Leader's Guide for Any Economic Environment

When economic headwinds pick up, sales leaders are the first to sound the alarm — and chart a new course. Longer sales cycles, larger buying committees, increased price pressure, and smaller teams can quickly combine to reduce your margin for error and increase the urgency to find a solution. To thrive in a challenging environment, sales teams need a rock-solid grasp of the fundamentals and the biggest force-multipliers they can get their hands on.

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Strategy of Innovation vs. Innovation Strategy

Grasshopper Herder

Whether the companies are private or public, shareholders are demanding a vision for the future. How will these old, inflexible companies survive in industries facing. The post Strategy of Innovation vs. Innovation Strategy appeared first on GrasshopperHerder.com.

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Corporate Innovation – How To Overcome Unique Challenges

Econic

The biggest challenges in corporate innovation and how to navigate them. Corporate innovation is hard. There are loads of challenges and pitfalls when trying to explore new opportunities inside of an existing organization. More and more, we’re seeing innovation programs close their doors after only a few years, with few senior leaders in the organization recognizing any real value from their efforts.

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Why We Can't Innovate

Bill Fischer

In the face of disruptive innovation, most firms that we see recognize the threat fairly early, but fail to change the way that they go about innovating. They falsely believe that they "know" the customer, they champion the future, but invest in the present and they lack urgency.

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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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Fail Well, Pivot Fast: Product Experimentation for Continuous Discovery

Speaker: William Haas Evans - Principal Consultant, Head of Product Strategy & Design Practice, Kuroshio Consulting

The purpose and value of experimentation (from a scientific and product perspective) is to produce new information. From a product discovery/product management perspective, the purpose of experimentation is to focus our efforts on invalidating our assumptions to reduce the risk of developing and going-to-market with the wrong product. It’s our way of intentionally managing through uncertainty — since, as Claude Shannon said, “the only resolution to uncertainty is information.