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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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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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.

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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.

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How The “Uber Economy” Is Killing Innovation, Prosperity And Entrepreneurship

Digital Tonto

The truth is that we have a major problem and, while Uber didn’t cause it, the company is emblematic of it. Put simply, a market economy runs on innovation. It is only through consistent and. [[ This is a content summary only. Visit my website for full links, other content, and more! ]].

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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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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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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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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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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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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.

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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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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.

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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 To Use Entrepreneurial Creativity For Innovation

Entrepreneur - Innovation

An innovative entrepreneur identifies opportunities and creates value for their customers or clients. But innovation requires creativity; learn how these two traits go hand in hand.

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Sometimes, flat hierarchies can hurt innovation in Start-ups

Idea to Value

It is common to hear Start-ups talk about the desire to keep hierarchies “flat” This means they do not want multiple layers of management, bureaucracy and red tape getting in the way of people actually doing their most innovative work. Instead, in a flat organisation everyone is more or less on the same level and can therefore organise themselves and prioritise their own work.

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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.

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Why Purpose Matters

Digital Tonto

If you believe in a rational universe, a business is little more than a set of transactions. The nature of the firm, in this view, is simply to minimize transaction costs and skilled managers should. [[ 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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Tech Companies Innovate at the Edge. Legacy Companies Can Too.

Harvard Business Review

New tools make it easier to empower small-scale innovation among the employees who work most closely with suppliers, customers, and other stakeholders.

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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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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.

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Should You Trust Your Gut?

Phil McKinney

Your gut is surprisingly smart. It knows what’s good for you, and how to keep your body functioning properly. When you are in danger, it is your gut reaction that triggers your fight-or-flight response. But do you trust your gut? Do you trust its decisions? Chances are, sometimes you do and sometimes you don’t. You […].

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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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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 134
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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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Find a New Way to Show the Facts

Destination Innovation

Joseph Priestley (1733 – 1804) was an English polymath, philosopher, educator and scientist who is most famous for his discovery of Oxygen. In 1765 he published a “Chart of Biography” to accompany a series of history lectures. It showed the lives of famous people as lines on a chart. He said it would allow students to “trace out distinctly the dependence of events to distribute them into such periods and divisions as shall lay the whole claim of past transactions in a just and orderly mann

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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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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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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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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,

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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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Does Elon Musk Have a Strategy?

Harvard Business Review

A look across Tesla, the Boring Company, SpaceX, and his other companies reveals a consistent vision, organization, and ability to mobilize resources.

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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.