2021

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Create the Right Conditions for your Innovation Team to be Successful

Strategyzer Innovation

As part of our “What makes a good innovation coach?” webinar , Aya Caldwell (Executive Director for Digital Product at Novartis) shared with us three areas of focus she's constantly working on with her teams to create the right conditions for innovation success.

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How Data Can Help Customize the User Experience

Business Innovation Brief Submitted Articles

Data 244
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Venture building as an innovation strategy

Board of Innovation

How venture building can be used as an innovation strategy. The post Venture building as an innovation strategy appeared first on Board of Innovation.

Strategy 132
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What is the ROI of Better Ideas?

IdeaScale

How much is an idea worth in terms of return on investment? It’s an intriguing question in part because it seems hard to measure. Yet, it’s possible to nail down an estimate of just how much an idea can do for your business, provided you have the right sense of both the investment and what … Continued. The post What is the ROI of Better Ideas?

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Manufacturing Sustainability Surge: Your Guide to Data-Driven Energy Optimization & Decarbonization

Speaker: Kevin Kai Wong, President of Emergent Energy Solutions

In today's industrial landscape, the pursuit of sustainable energy optimization and decarbonization has become paramount. Manufacturing corporations across the U.S. are facing the urgent need to align with decarbonization goals while enhancing efficiency and productivity. Unfortunately, the lack of comprehensive energy data poses a significant challenge for manufacturing managers striving to meet their targets.

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Applying innovation thinking to Affordability versus Sustainability

Paul Hobcraft

I recently wrote a post, “ Affordability versus Sustainability – a cause to be addressed.” That post looked at the shifts that I felt were underway in moving from a society that accepts where it is heading in expecting “affordability” is changing. I argued there is this growing recognition that a consistent amount of crisis points are causing growing anxiety and stress, and these tensions and pressures are not sustainable.

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Why Good Ideas Fail (And How To Help Yours Succeed)

Digital Tonto

We tend to think that if we get an idea right, that others will recognize its worth. That’s hardly ever true. In fact, if your idea is truly new and different, you can expect to encounter stiff. [[ This is a content summary only. Visit my website for full links, other content, and more! ]].

How To 204

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The Dunning-Kruger effect: Why stupid people think they are smart

Idea to Value

Have you ever met someone who thinks that they are amazing at something, but does not realise that in fact they are below average? This could be the Dunning-Kruger effect in action. The Dunning-Kruger effect is a cognitive bias whereby people who are incompetent in an area don’t understand what high performance looks like in that field, and so cannot tell they are incompetent.

Study 353
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Design Thinking Rooted in Empathy Enables Innovation

Tullio Siragusa

Empathy is one of the best virtues to have as a leader of an organization or a group of people dedicated to achieving any cause, but it’s not exclusively valuable just to leaders.

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Why Patients Deserve Cannabis-Educated Healthcare Professionals

Business and Tech

Cannabis consumption has become mainstream. Now is the time for clinicians to be educated on the endocannabinoid system and the therapeutic use of cannabis. Meredith Fisher-Corn, M.D. Editor-in-Chief, TheAnswerPage.com. Nearly 35 million U.S. adults consume cannabis on a regular basis, according to a 2017 survey , and the population of recreational cannabis consumers has skyrocketed since then, as more and more states have enacted adult-use cannabis legislation. .

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How Your Organization Can Innovate in a People-Centric Way

HYPE Innovation

When we talk about innovation, we often talk about harnessing people's creative energies, and then turning that energy into something of value. How can we help people collaborate and create new things?

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Peak Performance: Continuous Testing & Evaluation of LLM-Based Applications

Speaker: Aarushi Kansal, AI Leader & Author and Tony Karrer, Founder & CTO at Aggregage

Software leaders who are building applications based on Large Language Models (LLMs) often find it a challenge to achieve reliability. It’s no surprise given the non-deterministic nature of LLMs. To effectively create reliable LLM-based (often with RAG) applications, extensive testing and evaluation processes are crucial. This often ends up involving meticulous adjustments to prompts.

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The Ultimate Guide to Jobs To Be Done Theory

Viima

Like a fine-tuned instrument, successful innovation needs perfect calibration and careful adjustments, over and over again. Maybe you’ve already tried recalibrating your innovation efforts but to no avail. What went wrong and what to improve next? Successful companies focus on optimizing around the customer’s real needs. But how to do that? How to discover their underlying needs?

Company 145
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The Blind Men & The Elephant: An Open Innovation Blueprint

Business Innovation Brief Submitted Articles

Curb Transactional Open Innovation and Embrace an Integrated Ecosystem Strategy “It’s a wall,” “It’s a snake,” “It’s a rope,” “It’s a spear,” “It’s a fan,” no, “It’s a tree,” and so goes the story of “The Blind Men & The Elephant”.

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How we’ll eat in 2022: 10 food innovations that will shape how we eat

Board of Innovation

Do you wonder what the food industry will look like in the near future? Here are 10 food innovations that will shape how we eat in 2022 - from lab grown meat and printed meals, to upcycled coffee drinks. The post How we’ll eat in 2022: 10 food innovations that will shape how we eat appeared first on Board of Innovation.

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What Are Some of the Benefits of Open Innovation?

IdeaScale

The span of human knowledge has grown vastly in the last century, to the point where many feel a traditional “closed” model of independent, internal research and development teams is no longer effective. This has led to the theory of “open innovation,” and it’s one worth considering as you develop an innovation strategy. What Is … Continued.

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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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Accelerating Clean Energy Innovation

Paul Hobcraft

“Without a major acceleration in clean energy innovation, reaching net-zero emissions by 2050 will not be possible.” A groundbreaking report, “ Net-Zero by 2050: a roadmap for the global energy system “(referred to as NZE here) by the Internation Energy Agency (IEA), has been emphasising that this decade is pivotal to reaching net-zero by mid-century.

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It’s Time To Admit We Were Wrong About What Was Supposed To Drive The 21st Century

Digital Tonto

Technology is a process that involves both revealing and building. Yes, we revealed the power of market forces and the bankruptcy of the Soviet system, but failed to build a more prosperous and. [[ This is a content summary only. Visit my website for full links, other content, and more! ]].

System 254
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If You Want to be More Creative, Mix With More Creative People

Destination Innovation

According to Jim Rohn, you are the average of the five people you spend the most time with. The people you associate with help shape what you think and who you are. We tend to congregate with friends who are like us in background, interests, education, attitudes and opinions. This is comfortable and reassuring but it inhibits creativity or independent thought.

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Disruption is not a strategy

Idea to Value

If you ask a number of startups what they are hoping to achieve, undoubtedly you will encounter one that is going to “Disrupt” their industry. Disruption is what Uber, Airbnb, Amazon and the iPhone did to their industries. Disruption is cool. Disruption is sexy. And unfortunately, hardly any of these companies even know what disruption really is.

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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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Society 2045 Future of Workplaces

Tullio Siragusa

Society 2045 Future of Workplaces. This past summer, Society 2045 had a series of interviews with change makers seeking to improve the way society works. One of our guest speakers was Kimberly Wiefling, Founding Member of Silicon Valley Alliances. Society 2045 is a community of people from around the world seeking to co-discover a vision for the year 2045.

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Simple Steps That Can Help Prevent Drowning at Your Home

Business and Tech

While drowning is the leading cause of accidental death for children 1 to 4 and a leading cause for children under 15, there are things you can do to add layers of protection to your home to prevent a drowning. Here’s what you need to know about drowning, as there are many misconceptions: Drowning is silent. It is not like the movies, where you often see splashing and screaming.

Meeting 290
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What is the New Model for Innovation Success?

InnovationManagement

In this series I’ve been critically examining the significant changes impacting the corporate innovation competency, which leads to how organisations drive future growth and impact. The post What is the New Model for Innovation Success? appeared first on InnovationManagement.

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Design Thinking, Lean Startup, Agile? There is a Bigger Thing Happening

Leanstack

(This is guest post by Alejandra Gonzalez , a seasoned business model strategist, product owner, and innovation coach. In this post, Alejandra shares her perspectives on when and how to incorporate lean, agile, and design thinking into your product lifecycle. Enjoy… -Ash) As a product design manager and portfolio owner, I have found myself endlessly defending why it takes 9 months to design and launch a product with no guarantee of success.

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The Big Payoff of Application Analytics

Outdated or absent analytics won’t cut it in today’s data-driven applications – not for your end users, your development team, or your business. That’s what drove the five companies in this e-book to change their approach to analytics. Download this e-book to learn about the unique problems each company faced and how they achieved huge returns beyond expectation by embedding analytics into applications.

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The Blind Men & The Elephant: An Open Innovation Blueprint

Business Innovation Brief Submitted Articles

Curb Transactional Open Innovation and Embrace an Integrated Ecosystem Strategy “It’s a wall,” “It’s a snake,” “It’s a rope,” “It’s a spear,” “It’s a fan,” no, “It’s a tree,” and so goes the story of “The Blind Men & The Elephant”.

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Business and concept validation through qualitative and quantitative data

Board of Innovation

Validation is the process of gathering evidence and learning around business ideas through experimentation and user testing, in order to make faster, informed, de-risked decisions. Validation techniques are usually divided into two main categories, relating to the type of information being collected - either qualitative or quantitative. Here's how you can use them.

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Interview with Design Thinking Leader Steven Forth on What Makes Business Model Innovation So Challenging

IdeaScale

Ibbaka is a consulting and technology development company focused on helping companies bring innovations to market and to help them to scale. IdeaScale was introduced to Ibbaka because they are working with us on a very special project to help us innovate on our business model, but we were impressed at their experience, conversancy in design thinking and innovation and passion for subjects like growth models.

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Why do we have difficulties to self-disrupt?

Paul Hobcraft

“Why do we always seem to have internal difficulties to self-disrupt?”. Now that is an interesting question. My quick and simple answer is to look at all the internal constraints you can see, or those around you can add to your list or the ones you place on looking outside your own organization. It is also being constrained when you look outside your organization and not recognizing the (perpetual) changes going on, often until it is too late or a fast, nimble entrepreneur has nipped in and set

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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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Why The 2020s Will Be An Era Of Atoms, Not Bits

Digital Tonto

The simple truth is that the digital era is ending and innovation is shifting to other places. Digital technology will remain —just as heavy industry persists long after the end of the industrial. [[ This is a content summary only. Visit my website for full links, other content, and more! ]].

Industry 254
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Five Reasons Why You Should Think Like a Criminal

Destination Innovation

Image by Ryan McGuire on Pixabay. Have you seen the movie, The Day of the Jackal? In this 1973 film directed by Fred Zinnemann, Edward Fox plays a professional assassin, the “Jackal”, who is hired to assassinate French president Charles de Gaulle. It is a compelling thriller in which it is hard not to admire the cunning and guile of the ruthless killer.

Examples 357
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Kill a stupid rule: an amazing way to reduce red tape

Idea to Value

A few years ago I had a very interesting discussion with Lisa Bodell , CEO of Futurethink and bestselling author of innovation books Kill the Company and Why Simple Wins. She told me about how most employees waste far too much time in meetings and answering emails. They were too busy to get any real work done throughout the day. In effect, busyness is getting in the way of their business.

Exercises 331
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The 3 elements of an innovation ecosystem

Strategyzer Innovation

Developing an innovation capability within a large organization is a daunting prospect. In the past, many have tried but few succeeded. Often difficulties are linked to a too narrow and shallow approach, such as training a group of employees in an innovation methodology and expecting the organization to turn into an innovation powerhouse as a consequence.

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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