2020

article thumbnail

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?

article thumbnail

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.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

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.

article thumbnail

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

article thumbnail

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

article thumbnail

We need to shift from scalable efficiency to scalable learning.

Paul Hobcraft

We need to shift from scalable efficiency to scalable learning but how can we liberate creative energy, how can we achieve higher engagement? The best way is to encourage everyone to have the ongoing experience, to get really involved and caught up in projects and initiatives that have the potential for impact. Learning from failures needs to be part of this.

Learning 363
article thumbnail

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.

More Trending

article thumbnail

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.

article thumbnail

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! ]].

Strategy 200
article thumbnail

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.

How To 145
article thumbnail

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.

Design 145
article thumbnail

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.

article thumbnail

? 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

article thumbnail

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

article thumbnail

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
article thumbnail

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

article thumbnail

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.

article thumbnail

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.

article thumbnail

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.

article thumbnail

Innovation Mentoring vs. Innovation Coaching: Which Do You Need?

Phil McKinney

Mentoring is certainly not a new concept. In fact, the name comes from a character named “Mentor” in Homer's Odyssey. He was a trusted advisor to Odysseus' son. Even though its roots run back thousands of years, however, the recent growth of social learning has given rise to a boom in mentoring and coaching programs. […].

article thumbnail

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.

article thumbnail

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.

article thumbnail

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
article thumbnail

4 Innovative Business Pivots In The Age Of The Pandemic

Strategyzer Innovation

2020 has been an incredibly challenging year on a multitude of fronts and, like many of us, businesses all over the world have struggled to stay afloat. The covid-19 pandemic has accelerated and magnified shifts in the business world, creating a radically different setting for businesses to operate in. While these challenges have proved to be too great for many businesses, the pandemic related constraints have also spurred a great deal of innovation, with many businesses using these constraints

article thumbnail

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.

article thumbnail

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.

article thumbnail

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?

article thumbnail

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.

article thumbnail

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.

article thumbnail

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.

Culture 345
article thumbnail

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.

article thumbnail

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.

article thumbnail

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.

article thumbnail

How Can You Use Gamification to Boost Innovation?

Innovation Excellence

Gamification can help at different phases in the innovation process Companies are becoming increasingly aware of the benefits of gamification. It promotes disinhibition, reduces prejudice, encourages cross-disciplinary teamwork and co-creation, helps groups with very different profiles to speak the same language and achieves a level of engagement that drives participants to go one step further.

article thumbnail

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.

article thumbnail

9 Biggest Big Data Mistakes Every Company Should Avoid

Acuvate

9 Biggest Big Data Mistakes Every Company Should Avoid The success from Big Data and data analytics initiatives for a lot of traditional companies has been restricted to only small parts of their business. A huge impact through big data projects is something that not many have been able to achieve. Gartner predicted that only […]. The post 9 Biggest Big Data Mistakes Every Company Should Avoid appeared first on Acuvate.

Big Data 128
article thumbnail

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.