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?

Project 229
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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

Survey 328
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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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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 202
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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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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 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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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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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.

Survey 363
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Podcast S4E76: Tamara Ghandour – unlocking your competitive advantage with innovation

Idea to Value

In today’s episode fo the Idea to Value podcast, we speak with Tamara Ghandour, founder of Launch Street, author of INNOVATION IS EVERYBODY’S BUSINESS and developer of the IQE assessment. We speak about why some people find it so challenging to innovate, how to overcome these fears and the importance of understanding how your tribe works best together.

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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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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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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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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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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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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.

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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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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.

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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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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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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.

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Podcast S4E92: Adrian Mills – Bringing creativity into consulting

Idea to Value

In this episode of the Idea to Value Podcast, we speak with Adrian Mills, Partner for Creative, Brand & Advertising at Deloitte Digital in Australia. We speak about why a consultancy would bring in advertising people, and his experience in building creative capabilities within a large company. Topics covered in this episode: 00:02:00 – His experience joining a consultancy from advertising. 00:04:00 – Why consultancies are bringing in creative talent from other industries. 00:06:3

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Book Excerpt: Think Like a Privateer, Not a Pirate

Innovation Leader

Steve Jobs once said that it’s better to be a pirate than to join the Navy. Pirates refer to startups that churn out innovative ideas. Jobs likens large organizations to the bureaucratic Navy.

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Mapping Digital Transformation: Retail’s Strategic Shift

Speaker: Jennifer Wright, Michael Scholz, Jasmin Guthmann, and Scott Canney

Digital transformation in retail is so much more than new technology. You need to get your whole organization, from entry-level workers to executives, on board with the new tech, new skills, and culture changes that digital transformation brings. Leading this mindset shift can be a daunting task… but that’s where this webinar comes in! Join our panel of experts as they guide you through the challenges of digital transformation, preparing you to avoid common mistakes and make the most of incredib

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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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Exponential innovation, with Tristan Kromer, founder of Kromatic

Rapid Innovation in digital time

Tristan is an incredible innovation speaker: so if he comes nearby, don’t miss him! Here he shares his views about his company Kromatic, and about exponential innovation.

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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