2020

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The Trifecta of Innovative Project Portfolio Management

Business Innovation Brief Submitted Articles

This article received the 2020 Business Innovation Brief Most Valuable Post Award in the Innovation Strategies category. Would you like fries with that? You were probably asked this question at some point or another while ordering a hamburger—and for good reason, too. After all, what goes better with a mouthwatering burger than some golden-crispy french fries?

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Building our understanding of the factory of the future

Paul Hobcraft

Siemens Digital Enterprise SPS Dialog Results. Last week, Siemens had a really valuable virtual event called their “ Digital Enterprise SPS Dialog “ Those that missed it you can watch previous sessions on-demand at any time via “Recordings”. They provided an outstanding virtual showroom packed full of innovations, product presentations and use cases are exhibited in an exciting real 3D environment.

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A Remote Innovation Brainstorm Method

Destination Innovation

Gibbard and Tamborello. In 2001 two musicians, Ben Gibbard and Jimmy Tambrello, wanted to collaborate on some new compositions. The problem was that they lived hundreds of miles apart at opposite ends of America’s west coast. So Tamborello composed some rhythms (or ‘beats’) and sent them to Gibbard on CD by post. Gibbard added some instrumentals and vocals and returned the arrangements to his partner.

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Survey shows the most important skills for 2025 will be creativity and innovation

Idea to Value

According to the new 2020 Future of Jobs report by the World Economic Forum, there will be an increasing demand for skills related to Innovation and Creativity between now and 2025. Of the Top 5 skills listed there as having a growing importance and demand for the future, creativity and innovation are related to four out of the top 5. Listed in the image above are the Top 15 Skills needed by companies by 2025, with the ones related to creativity and innovation highlighted by my beautiful red squ

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2024’s Retail Odyssey: Going Small, Artificial, and Augmented!

Speaker: Joe Cicman - Principal Analyst at Forrester, and Jason Cottrell - CEO & Founder at Orium

Significant modifications are on the horizon for digital commerce in retail and customer experience come 2024. The pace of tech shifts will intensify, businesses are set to defund legacy solutions, and attractive opportunities will surface as social and retail media players join forces. To stay ahead of the curve, digital leaders are experimenting with less risky initiatives and scaling back on outdated projects that no longer yield impactful results.

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10 Principles for Transformational Change

Digital Tonto

Positive change never happens by itself. Any significant change always inspires fierce resistance and we need to overcome that resistance to bring change about. The post 10 Principles for. [[ This is a content summary only. Visit my website for full links, other content, and more! ]].

Change 200
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Why Consensus Kills Innovation

Digital Tonto

Big ideas are never easy. Almost by definition, they are unlikely, fraught with risk and often counterintuitive. They need champions to inspire and empower beliefs around them. That’s why leadership. [[ This is a content summary only. Visit my website for full links, other content, and more! ]].

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The Pandemic Pivot: The Need for Product, Service and Business Model Innovation

InnovationManagement

The pandemic and economic depression the world faces is a dark period for all businesses, but there are also opportunities. The companies that see the opportunities, and pivot to exploit them, will succeed, while those that fail to innovate will fade away. The post The Pandemic Pivot: The Need for Product, Service and Business Model Innovation appeared first on InnovationManagement.

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How crisis-driven innovation can help your organization

HYPE Innovation

A note from the author: I first wrote this blog as the basis for a talk in the UK last year when the only thing worrying us was the "crisis' of Brexit. Now we’re facing some much more serious challenges – and yet the inventive responses from communities trying to think outside the box suggests that the core themes do hold up and may offer us some hope during these troubled times.

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The Five Building Blocks of Collaborative Innovation

IdeaScale

Are you looking for ways to inspire collaborative innovation in your organization? Your staff has the talent and intelligence, but are they working with the right people? Collaborative innovation involves bringing together ideas that can result in something groundbreaking. It is typically achieved by collaborating with larger organizations that can provide perspective and strategic development.

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What type of innovation are you talking about?

Strategyzer Innovation

People often don't understand each other when they talk about innovation. The main reason for this confusion is that there are different types of innovation. To be understood, it is fundamental to specify what type of innovation you are talking about.

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LLMs in Production: Tooling, Process, and Team Structure

Speaker: Dr. Greg Loughnane and Chris Alexiuk

Technology professionals developing generative AI applications are finding that there are big leaps from POCs and MVPs to production-ready applications. They're often developing using prompting, Retrieval Augmented Generation (RAG), and fine-tuning (up to and including Reinforcement Learning with Human Feedback (RLHF)), typically in that order. However, during development – and even more so once deployed to production – best practices for operating and improving generative AI applications are le

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? Knock Your Innovation Program Out of the Park

Business Innovation Brief Submitted Articles

It’s in our nature to support a cause that’s bigger than ourselves—we’re social creatures after all, so we’re at our best when we work together towards a common goal. However, out of left field came the global health pandemic, and collaboration has since taken a major hit at a time when creative ideas and solutions are needed most. That’s because the free-flow of information and exchange of ideas between internal and external stakeholders are the lifeblood of an innovative organization, and now

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Digital validation: a crucial part of rapid testing in business design

Board of Innovation

Why you need to digitally validate the desirability and viability of your new product or service. (incl: a downloadable sample experimentation plan). The post Digital validation: a crucial part of rapid testing in business design appeared first on Board of Innovation.

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Experiment, Experiment, Experiment

Destination Innovation

Here is a question for leaders and managers. Would you like your people to try out their ideas for better ways to meet the needs of customers or better ways to run the business? Most leaders I ask give a positive response – often guarded with a ‘within reason’ They would like to see people trying to find new and better ways to do things on their own initiative.

Agile 363
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Why Every Large Organization Should Decentralize Innovation

Idea to Value

I recently met with a very successful company that is seen as a highly innovative global pioneer that others in their industry, which is facing many structural headwinds and inevitable changes, look up to. They understood that even though they are seen as an extremely innovative company now, their current success is actually a result of innovations that happened a decade ago, and that to live up to their reputation, they now need to create the next wave of innovations to keep the company on thei

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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

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5 Big Advantages of Remote Design Thinking

InnovationTraining.org

When bringing people together to solve problems with design thinking, there may be more benefits to going remote than you think. Face-to-face design thinking workshops can be amazing. There is a certain energy, human connection and buzz that is pretty hard to reproduce in a virtual format. But since we created Sprintbase in 2016 – a platform that enables remote teams to solve problems with design thinking – we’ve learned a lot about what it takes to create new kinds of virtual experi

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What Amazon’s Entrance Tells Us About The New Era Of Quantum Computing

Digital Tonto

Make no mistake. The future will not be digital and digital strategies are unlikely to succeed in a post-digital world that will likely includes not only quantum technologies, but neuromorphic. [[ This is a content summary only. Visit my website for full links, other content, and more! ]].

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The immediate shift in work and social norms needs innovation

Paul Hobcraft

Being in a personal crisis is one thing, but being in a global one is a whole lot different. So much is totally out of your control. You can rant and rave at some of the decisions have been made, or likely to come on some current performances. Often you are left wondering where the insights or collective thinking was trying to offset the events that were unprecedented and scary but have now put us into such a massive economic downturn.

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A Successful Approach to Corporate Innovation: ?The 8 Ps of Innovation?

InnovationManagement

The business environment is becoming increasingly complex. Organizations have lived in a stable environment for many decades. The competitive advantage resulted from executing better than competitors. This is no longer the case. The post A Successful Approach to Corporate Innovation: ‘The 8 Ps of Innovation’ appeared first on InnovationManagement.

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Software Composition Analysis: The New Armor for Your Cybersecurity

Speaker: Blackberry, OSS Consultants, & Revenera

Software is complex, which makes threats to the software supply chain more real every day. 64% of organizations have been impacted by a software supply chain attack and 60% of data breaches are due to unpatched software vulnerabilities. In the U.S. alone, cyber losses totaled $10.3 billion in 2022. All of these stats beg the question, “Do you know what’s in your software?

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Pace of Innovation – The Ultimate Competitive Advantage

Viima

When we think of a business having a competitive advantage, we still tend to think of traditional economic moats such as a low-cost structure, economies of scale, or perhaps a more intangible moat like a strong brand. While all of these are still extremely desirable assets, they no longer guarantee a sustainable competitive advantage for most companies.

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8 Major Challenges Faced By Data Scientists

Acuvate

8 Major Challenges faced by Data Scientists Organizations across the globe are looking to organize, process and unlock the value of the torrential amounts of data they generate and transform them into actionable and high value business insights. Hence, hiring data scientists – highly skilled professional data science experts, has become super critical.

Data 134
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The Most Common Experiment Pitfalls and How to Avoid Them

Strategyzer Innovation

The best plans for experimentation don’t always come through. We’ve learned this in working with teams to design, run, and analyze experiments over the years. Part of learning this process is becoming more proficient at quickly running experiments while making progress through data-driven insights. Below is a list of the most common experiment pitfalls we’ve seen in the field.

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How to Protect Business with Stronger Customer Relationships. - ThriveableBiz | Innovation That Wins

Business Innovation Brief Submitted Articles

It doesn't matter which technological advancements are taking us into the future, our physical and mental survival still boils down to our humanity.

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Brick & Mortar Retail Relevance: How to Stay Ahead of the Curve

Speaker: Jay Black, Senior Account Executive

Let's set the record straight: in-store retail isn't dead - it's evolving! Faced with the digital age and the demands of omnichannel shopping, some retailers are thriving while others are struggling to adapt. Join Jay Black in this exclusive session as he explores the strategies that set successful stores apart, including: Crafting unique and unforgettable in-store experiences 🛍️ Mastering the art of retail demands 🛒 Navigating inventory challenges in today's climate 📦 an

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Innovation gaps between the real world and the virtual world in the time of quarantine

Board of Innovation

It’s been 6 months since the majority of the world came to a halt, shuttering businesses, and forcing many to move from the boardroom to the game room. But the tech world never slowed down. So why haven’t we seen any clear advancements to improve our “virtual” quality of life? The post Innovation gaps between the real world and the virtual world in the time of quarantine appeared first on Board of Innovation.

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The Accidental Innovation

Destination Innovation

Thomas Sullivan was a tea merchant in New York. In 1908 he despatched to customers samples of tea leaves in small silken sachets for them to try. Some people thought that the sachets were to be used like metal infusers. Customers were supposed to empty out the contents but instead they put the whole bag into the teapot and then added hot water. Sullivan heard back that the customers were happy with this new arrangement so he designed teabags for large scale production.

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Innovation Culture – The Ultimate Guide

Idea to Value

Innovation culture has long been one of the most challenging, and oft-discussed, topics in our conversations with business and innovation leaders. Given the extraordinary importance of innovation for businesses, and society in general, and the fact that culture has been shown to be one of the biggest barriers for innovation performance, it’s not much of a surprise.

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How to Run a Virtual Design Thinking Project with Remote Teams

InnovationTraining.org

In this guest post, learn how to effectively implement a virtually-led design thinking project. This is an InnovationTraining.org guest article by Sprintbase. . Design thinking is a hot topic for business these days, and it’s no surprise. A growing body of research shows that organizations that have adopted this innovative approach based on customer-centricity, creative problem-solving and experimentation, are significantly outperforming their competitors.

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How Intent Data Helps Marketers Convert A-List Accounts

One of the biggest challenges for any B2B marketer is understanding your prospects’ next move — who is most likely to buy and when. Without these insights, marketing campaigns can feel more like guesswork, with high investment and little return. We’re here to tell you there’s a better way. By tracking buyers’ digital footprints and online activity, such as website visits, product reviews, and spikes in content consumption, you can engage prospects with a message that really resonates.

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Do You Want To Make A Point Or Do You Want To Make A Difference?

Digital Tonto

We all have things we don’t like and it is natural to want them to change. Yet we should remember that change is always built on a foundation of shared values and common purpose. If you aren’t able. [[ This is a content summary only. Visit my website for full links, other content, and more! ]].

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Exploring the Energy Transition Fitness Landscapes – opening thoughts on Hydrogen

Paul Hobcraft

I am struggling with the Hydrogen Story. It is tough to relate to something where the realization may take 40 years to move from ambition to achievement. I get it that delivering Hydrogen is the vital piece of the decarbonizing of the world by 2050, yet it does seem a long, hard road to travel. Hydrogen is undoubtedly becoming the big agenda ticket within any Energy Transition.

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How the Next Wave of Innovators Can Rebuild the Economy After a Crisis

InnovationManagement

Innovation takes many forms, and it will likely come from unexpected places in the next normal. Here are 3 ways business leaders can drive innovation regardless of what happens in the world. The post How the Next Wave of Innovators Can Rebuild the Economy After a Crisis appeared first on InnovationManagement.

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LG Unveils Puricare Air Purifier Face Mask

Entrepreneur - Innovation

The battery-powered mask uses two replaceable H13 HEPA filters, dual three-speed fans, and a patented Respiratory Sensor to ensure the air you breathe is virus-free.

Trends 128
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From Complexity to Clarity: Strategies for Effective Compliance and Security Measures

Speaker: Erika R. Bales, Esq.

When we talk about “compliance and security," most companies want to ensure that steps are being taken to protect what they value most – people, data, real or personal property, intellectual property, digital assets, or any other number of other things - and it’s more important than ever that safeguards are in place. Let’s step back and focus on the idea that no matter how complicated the compliance and security regime, it should be able to be distilled down to a checklist.