2022

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Where do Innovative Ideas Come From?

Destination Innovation

Cities around the world suffer from a common problem – a shortage of affordable, decent quality housing. Cutworks Studio, a design company based in Paris and Amsterdam has developed an approach called PolyBlocs – modularly constructed residential sites consisting of individual block rooms which can be stacked in different ways to create an array of sizes and shapes.

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The need for Transformational Innovation

Paul Hobcraft

The need for transformational innovation. Transformational innovation is increasingly needed to cope with the change needed in many organizations to find a new or repositioned value proposition. Transformational innovation is one of the hardest, if not the hardest, to achieve. When you are required to become (really) different at the core, you face the inherent conflict that making change is where clear leadership can only bring about, guiding the changes required through this highly disruptive

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Podcast S7E156: Andy Binns – How corporations can beat startups at innovation

Idea to Value

In today’s episode of the Idea to Value Podcast , we speak with Andy Binns, Co-Founder of Change Logic and author of Corporate Explorer: How corporations can beat startups at the innovation game. Andy has worked as a strategic advisor to Leaders for decades, with experience at McKinsey, IBM and now Change Logic. We speak about the myth of only startups being able to innovate, and what it takes for large corporations to be able to execute disruptive innovations.

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Dating Apps love Innovation

Destination Innovation

Today some 40% of heterosexual couples and 60% of same-sex couples meet online according to a survey by sociologists Michael Rosenfeld and Sonia Hausen of Stanford University. [i] Dating apps have become the preferred way to meet for people wanting relationships. Computer dating started in 1965 when a group of Harvard students created Operation Match, a mainframe programme which asked users to fill in questionnaires about themselves and their interests.

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From Data to Decisions: Maximizing Retail Potential with AI

Speaker: David Azoulay, Marc Stracuzza, 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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Building the use of the innovation work mat as a compelling business case

Paul Hobcraft

The Executive Innovation Work Mat as a compelling business case. After a series of conversations around the Executive Innovation work mat, Jeffrey Phillips and I decided there was a need to add one more to the series, one that makes the business case for the work mat, one that is more from the leaders perspective. In this video conversation of around 13 minutes , we explore why the leadership of organizations needs to get deeply involved in the innovation activity.

Design 319
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Gemba Walks: The way to see what is actually happening in your business

Idea to Value

Do you know what is happening in your business? Not what is supposed to happen, but what is actually happening on the factory floor? For many managers and leaders, it may have been a while since they actually experienced what it is like where the action happens. Where the products they sell are manufactured, or where the services you offer are carried out.

LEAN 321

More Trending

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Who are open innovation managers and what do they do?

HYPE Innovation

Typically, innovation managers are researchers, strategists, evangelists, or pioneers who venture on to become change agents, leaders, organizational designers, coaches, and ultimately fill the seats of process owners, decision makers, and project managers.

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Stop Expecting People To Act Rationally! Here’s Why:

Digital Tonto

In an earlier age, organizations were far more hierarchical. Power rested at the top. Information flowed up, orders went down, work got done and people got paid. Incentives seemed to work. You could pay more and get more. Yet in today's marketplace, that’s no longer tenable because the work we need done is increasingly non-routine. That means we need people to do more than merely carry out tasks, they need to put all of their passion and creativity into their work to perform at a high-level.

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Design Thinking Applied to M&A Integration

Tullio Siragusa

Design Thinking Applied to M&A Integration. Merging companies is complicated. However, if merging is done right, it might lead to competitive advantages. The reality is that many companies do it wrong, resulting in failure rates as high as 70% or more. The failure rate increases due to insufficient integration design and planning or faulty integration planning.

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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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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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Controlling What You Can: Owning Your Personal and Professional Growth

CMOE

Many things can feel outside of our control or reach. For instance, a person can ask for a raise or promotion, but whether they receive the advancement is not a decision they directly get to make and is ultimately beyond their control. A person can also get stuck in traffic because they have no control over other people’s driving habits or because an accident happened farther down the road.

Exercises 142
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Space Symposium Reigns in a New Era of Ideas, Strategic Alliances and Opportunity

IdeaSpies

The latest annual Space Symposium was the biggest ever for the global space community, bringing together spacefaring nations, priv (Feed generated with FetchRSS )

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Why your innovation experiments fail

Board of Innovation

Experimentation and validation are necessary to de-risk your innovation process - but the methods are not bulletproof. Here are 7 pitfalls and how to avoid them. The post Why your innovation experiments fail appeared first on Board of Innovation.

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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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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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The Simple Shapes of Customer Stories

Leanstack

Inspired by Kurt Vonnegut’s lecture on “the simple shapes of stories,” I’ve previously riffed on The Simple Shapes of Startups. More recently, however, I discovered that customer stories too have archetypical shapes. These archetypical shapes plot customer happiness over time as customers hire and fire products in the course of getting the different jobs in their lives done.

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Potemkin villages and faking innovation

Idea to Value

Sometimes, innovation teams will attempt to show fake success in order to hide their real struggles. Have you ever heard of a Potemkin village? According to historical stories, in 1787 Prince Grigory Aleksandrovich Potemkin-Tauricheski of Russia was tasked with settling more Russians into the land of Crimea, which at that time had just been annexed from the Ottoman Empire in 1783.

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DC Fast Charging Alone Isn’t a Sufficient Answer to America’s EV Charging Future

Business and Tech

The United States is now rolling out a once-in-a-lifetime level of investment to accelerate a fast charing EV adoption by funding EV charging infrastructure. But there’s a problem: we’re obsessed with speed, and focusing on fast alone isn’t going to cut it. There is absolutely a need for DC Fast Charging (DCFC) along our highway corridors to enable long-distance travel for EVs.

Policies 306
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Overcoming the most common open innovation challenges

HYPE Innovation

Implementing open innovation in your business is not an easy task. It might be straightforward, but it is not easy.

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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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We Can’t Define The Change We Want To Pursue Until We Define Who We Want To Be

Digital Tonto

Today, we stand on the precipice of a new paradigm. We’ve suffered through a global financial crisis, a pandemic and the most deadly conflict in Europe since World War II. The shifts in technology, resources, migration and demography are already underway. The strains and dangers of these shifts are already evident, yet the benefits are still to come.

Change 245
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Society 2045’s Teamwork Based Innovative Work Culture

Tullio Siragusa

Society 2045’s Teamwork Based Innovative Work Culture. Today, many organizations have an individualistic approach to their culture and concentrate primarily on revenues and profits. This tends to impact the way employees think about their participation at work as well. . An organization focused purely on revenues and profits, will illicit employees who focus on their compensation as a similar yardstick for measuring success. .

Culture 138
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What Somalia’s Impending Famine Teaches Us About Addressing Donor Fatigue

Christensen Institute

Another famine is happening in Somalia. Exacerbated by drought, displacement, and the Russia-Ukraine war, millions of people are starving, but much of the world is focused elsewhere–Ukraine. While the U.S Congress approved $7.5 billion in economic aid for Ukraine in June and an additional $3 billion in new military aid late August, international assistance for Somalia has raised just 67% of the United Nations’ $1.5 billion appeal to help the country and its East African neighbors.

Policies 140
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How Can I Support You: Leading Through Purposeful Communication

CMOE

Words hold implications and meanings that exist outside of their dictionary definitions. Although the words “team member” and “employee” can technically be synonymous, they have different meanings and feelings attached to them. The way that you discuss people and situations inherently affects how you and others approach and understand what you were talking about.

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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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What leaders get wrong about innovation

Strategyzer Innovation

Most people overestimate the value of ideas. They think they just need to come up with a good business idea to be successful. The reality is ideas are free. They're everywhere.

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Designing experiments to alleviate behavioral biases in innovation

Board of Innovation

Experimentation is a key component of any innovation validation track, regardless of industry, goal, and even budgets. The goal of experimentation is to validate or (in)validate assumptions that we have about the task at hand - be it a new concept, a consumer segment, or a business model. Innovation validation helps lower the risk of our innovation processes, and allows for informed decision making as we move forward.

Design 145
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Plan the Unplanned. Ways to be Spontaneous at Work.

Destination Innovation

We are told that we should plan our lives, make to-do lists, work diligently, organize our schedules and arrange things in sound and sensible ways. But is it better to sometimes do the opposite and just be spontaneous? Researchers Tonietto and Malkoc at Ohio University in 2016 carried out 13 studies of leisure activities and found that scheduling an activity (vs. experiencing it impromptu) makes it feel less free-flowing and more work-like.

Meeting 351
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How to Create a Competitive Advantage Through Innovation

InnovationManagement

In the modern world of business, innovation is both an equalizer and a differentiator. It can give tiny startups an edge over global conglomerates and enable industry leaders to develop competitive advantages. The post How to Create a Competitive Advantage Through Innovation appeared first on InnovationManagement.

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Monetizing Analytics Features

Think your customers will pay more for data visualizations in your application? Five years ago, they may have. But today, dashboards and visualizations have become table stakes. Turning analytics into a source of revenue means integrating advanced features in unique, hard-to-steal ways. Download this white paper to discover which features will differentiate your application and maximize the ROI of your analytics.

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Balancing your innovation portfolio: Does the 70-20-10 rule still apply?

Idea to Value

How much of your innovation budget and innovation efforts should focus on improving your existing business, and how much should seek to explore and transform your business for the future? This is one of the fundamental strategic questions which every business leader needs to consider. One of the best ways to assess what proportions your company should allocate to different types of innovation projects is by looking at your current and desired innovation portfolio.

Project 284
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How Women Can Overcome Barriers That Some Men Don’t Even See

Business and Tech

Picture this. Several weeks ago I was on stage in front of an audience delivering a keynote speech about the topic of “Wellness Privilege.”. Laura Putnam Author, “Workplace Wellness That Works;” CEO, Motion Infusion; Creator, Managers on the Move. For those who have never heard the term before, it is the concept that some people in the workplace have more advantages than others in their pursuit of well-being because of their gender, race, religion, socio-economic status, sexual orientation, age,

Study 299
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12 open innovation best practices for the year to come

HYPE Innovation

Did you know that not that long ago, drones were one of the bestselling Christmas presents ?

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There Are Important Lessons We Should Learn From The War In Ukraine

Digital Tonto

We tend to imagine people will act rationally and that, by taking their interests into account, we can come to some sort of reasonable strategy. Yet the events in Ukraine belie that basic assumption. [[ This is a content summary only. Visit my website for full links, other content, and more! ]].

Learning 251
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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