2017

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How Corporates can use the Lean Startup and Business Model Canvas

HYPE Innovation

The Lean Startup is a hot topic for organizations right now, so we asked a practitioner - Justin Souter, of Souter Consulting - to help readers get a handle on the elements of the Lean Startup framework, and provide some lessons from the field. The post is in four sections: 1. Where to begin with Startups and Corporate innovators. 2. How to make effective decisions while 'in flight'. 3.

LEAN 278
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The Eleven Change Roles

Braden Kelley

Change is Hard Change can be complicated, change can be confusing, and change can be difficult to successfully implement in any organization. This is why 70% of change initiatives have been found to fail.

Change 268
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If You Want to Be Innovative, Innovate

Tim Kastelle

Too many people want to make their organisations more innovative without going through the pain of actually changing anything. This does not work. In an interview on Tim Ferriss’ podcast , Jocko Willink says: If you want to tougher mentally, it is simple: be tougher. Don’t meditate on it. It’s the same with innovation. If you want to be innovative, it is simple: innovate.

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The future innovation core lies at the edge.

Paul Hobcraft

Boundaries seem to be continually pushed in business, nothing seemingly stands still, yet many things stay caught up in not being changed. Something has to change, we need to jettison old ways. In with the new in 2017, out with the old. I continue to read and explore as much of the thought leadership on innovation, it continually points to a change in how we approach innovation.

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From Data to Decisions: Maximizing Retail Potential with AI

Speaker: David Azoulay, Marc Stracuzza, and guest speaker Sucharita Kodali

Imagine a retail landscape where every interaction is personalized, every decision informed, and every opportunity maximized 🤔✨ Join us for an exploratory journey into the heart of AI-driven retail innovation. We’ll unveil the transformative potential of AI and data analytics in shaping the future of omnichannel personalization and e-commerce.

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How to mobilise the right audiences for innovation challenges

Exago

When putting your innovation challenges together, make sure you have a complete plan with clearly defined, targeted audiences, across cultures and business units, as well as key messages, frequency expectations, a communication and incentives strategy. The post How to mobilise the right audiences for innovation challenges appeared first on www.exago.com.

How To 231
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Five Components of a Repeatable Innovation Portfolio

IdeaScale

Creating a repeatable innovation portfolio helps you plan more efficiently, scale resources, and gain insight for the growth of your innovation program. There are five key elements of a repeatable innovation portfolio: Opportunity Identification and Campaign Creation. Idea Collection and Inspiration. Proposal Generation. Implementation. Performance Tracking.

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Handy Advice on Grammar and English Usage

Destination Innovation

Always avoid all aimless alliteration. Prepositions are not words to end sentences with. And don’t start a sentence with a conjunction. Parenthetical remarks are unnecessary (even when relevant). It’s wrong to ever split an infinitive. Contractions shouldn’t be used. Avoid ampersands & abbreviations, etc. Foreign phrases apropos of writing are not de rigueur.

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When Corporations Fund Startups, Both Can Win

Digital Tonto

A corporate venture program can provide a valuable window into the future Related posts: How Power Is Shifting From Corporations To Platforms. Could Ukraine Be The Next Silicon Valley? 4 Things. [[ This is a content summary only. Visit my website for full links, other content, and more! ]].

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Innovation Strategy – 40 Articles on Fostering an Innovative Workplace Culture

BrainZooming

We see seven keys to creating an innovative workplace culture where individuals are able to meaningfully contribute to the organization’s innovation strategy. If you’re looking at your organization and wondering where to start to foster a more innovative workplace culture, here are forty articles to go deeper into the topic. An innovative workplace culture: #1 Provides Direction.

Culture 151
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How to Tell If Innovation Matters to Your CEO

Innovation Excellence

Thank the good folks at PWC for their latest survey of executives about innovation. The new article, optimistically entitled Unleashing the power of Innovation was recently published and surveyed approximately 250 senior executives about innovation.

Survey 91
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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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3 Lessons on Innovation from Jeff Bezos

HYPE Innovation

Jeff Bezos just became the world's richest man. His creation, Amazon, is an incredible company. The consistency and breadth of innovation it has produced over the past two decades is awe-inspiring. Bezos is undoubtedly the force behind this relentlessness, and I find him fascinating to listen to and study. In the following 38-minute interview , he gives us a compelling glimpse into the mindset he’s created at Amazon that underpins its success.

Study 281
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36 Cognitive Biases that Inhibit Innovation | Collective Campus

Collective Campus

In this post I’ve unpacked 36 cognitive biases that can stifle your innovation efforts, how they might apply to the field and a proposed solution or mitigant for each. If you’ve got some alternative mitigants to address these biases, I’d love to hear from you in the comments.

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Here’s Your License to Innovate!

Tim Kastelle

All the Permission You Need The most common barrier to innovation that I hear about in my classes and talks is “But my boss won’t let me.” Here’s a solution. Print this out, fill it in, and carry it with you at all times. Problem solved! Actually, you don’t even need my permission to innovate – you just need permission from yourself.

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The limitations, criticisms and new pathways for Design Thinking – Part One

Paul Hobcraft

Let me summarize where we are today in design thinking. In the past couple of weeks, I have been spending a fair amount of time on investigating design thinking. This is part one of my thoughts that came out of investigating and researching design thinking in the past couple of weeks. Within two posts, I want to provide my outcomes, bridging the present and pointing towards a better design thinking future, in my opinion urgently needed.

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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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Five key dimensions for building your innovation challenges

Exago

In the process of setting objectives for your business goals, you should always think SMART – as management guru Peter Drucker applies this expression. To make your objectives easy to understand and monitor, they need to be specific, measurable, assignable, realistic and time-related. This mnemonic can be useful when establishing innovation challenges.

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Collective Behavior in IdeaScale Communities

IdeaScale

Contributions from community members in the form of valuable ideas are seen as strategic assets in the success of IdeaScale initiatives. The larger the community of participants the more diverse views are likely to appear; more diversity increases the chances of producing valuable ideas. But the chance for success also increases, when the behavior within communities is also understood.

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The Creativity Crisis: It’s Getting Worse

Idea to Value

In this very special guest post by Professor KH Kim, we find out the updated facts of what is happening to people’s creativity levels over the past decades, now with updated statistics for 2017. This is a follow-up to what I consider to be one of the most important pieces of creativity research from the past decade. Children are born to be creative, like eagles are born to soar, see the world, and find food, not scratch and fight for scraps in a coop.

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Four things that are killing productivity in your office

Destination Innovation

What are the biggest barriers to productivity, efficiency and creativity at work? Which activities absorb the most time for the least return? In her book, The Innovation Revolution, Melissa Kennedy accuses four key suspects. Meetings. Typically people in organizations spend 15% of their time in meetings. For middle managers the figure is 35% and for senior managers it is 50%.

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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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The Internet Of Things Is Transforming Industries You Would Never Think Of

Digital Tonto

As digital connectivity begins to transform physical machines, it’s likely that we’re now in the early days of a new productivity boom. Related posts: The 5 Powerhouse Industries of the 21st Century. [[ This is a content summary only. Visit my website for full links, other content, and more! ]].

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3 Questions When the Innovation Strategy ROI Doesn’t Satisfy the Boss

BrainZooming

We were listening in on an internal innovation strategy call conducted by one of our clients. The team was wrestling with a concern voiced by the organization’s senior leader that its complete innovation portfolio wasn’t capable of yielding the financial impact he is seeking. The key question was, “Where’s the beef with this innovation strategy?”.

Strategy 117
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Companies betting big on open innovation

hackerearth

“Open innovation is the use of purposive inflows and outflows of knowledge to accelerate internal innovation, and expand the markets for external use of innovation, respectively. [This paradigm] assumes that firms can and should use external ideas as well as internal ideas, and internal and external paths to market, as they look to advance their technology.” ( Henry Chesbrough, 2006 ).

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An introduction to Design Thinking for Innovation Managers

HYPE Innovation

“Design thinking draws on logic, imagination, intuition and systemic reasoning to explore the possibilities of what could be, and to create desired outcomes that benefit the end user (the customer). A design mind-set is not problem-focused, it’s solution-focused, and action-oriented. It involves both analysis and imagination. Design thinking is linked to an improved future and seeks to build ideas up—unlike critical thinking, which breaks them down.

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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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The Business Case Alternative: How to Support Disruptive Innovation at a Large Company | Collective Campus

Collective Campus

Disruptive ideas usually don’t see light of day at large companies. And when they do, it’s not for long. If an idea falls under the banner of Horizon 1 innovation, then congratulations - most large companies are already built for this and a business case is an almost perfect vehicle for it. But if an idea proposed by an employee meets this definition of disruptive innovation, then it needs an alternative approach.

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The Innovation Matrix. A tool to define the Innovation Strategy that fits your company.

Board of Innovation

Over the past 9 years, Board of Innovation has supported many large organizations in designing and executing a wide range of innovation initiatives. Now, navigating through all these different formats is not always easy. Multiple times, we’ve been asked by innovation managers questions like ‘ What is the best innovation initiative for our organization?

Tools 99
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Jumping to a fresh cycle of innovation design

Paul Hobcraft

I have argued in the past that innovation management needs to radically adjust and needs to be designed differently, it needs to be highly adaptive. In my opinion, it needs to be based on the thinking around the shift from products to solutions, from transactions to building far more value-adding ongoing relationships, from a supplier of product services into highly valued network partnerships, exploring innovation across all options. instead of delivering on discrete elements; this requires man

Design 232
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It’s Hard to Keep an Entire Company Aligned.  A Shared Futureview Could Be the Answer. 

Daniel Burrus

In speaking to audiences, I often point out my surprise at how little time we spend in business really thinking about the future. It’s easy to do when there are numerous tasks at hand. But, since it’s where we’re all going to be spending the rest of our lives, you would think that we’d devote a bit more time to consider the future and your Futureview.

Company 96
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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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3 Tactics that Make Innovation Management Easier

IdeaScale

IdeaScale learns from all its best customers, but in our latest interview with Redwood Credit Union we learned three things that make innovation management easier: Pre-Populate Your Campaign. When RCU launched their first campaign that asked for ideas that would help improve the member experience, they seeded that campaign with ideas that they had received in the past.

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The TRUE story of Post-It Notes, and how they almost failed

Idea to Value

Everyone knows the story of the humble Post-It Note, and how it represents an idea’s ability to evolve and flourish. Some people would even hold up Post-It Notes as a symbol for innovation itself, much like the lightbulb is a symbol for an idea. Yet what hardly anyone knows is that Post-It Notes were amazingly close to the same fate as 96% of other innovations: complete failure.

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Message to the Board – We Need to Talk about Innovation

Destination Innovation

Innovation should be a regular topic item on the agenda of company board meetings. If you have not had a fundamental conversation about innovation with your key corporate stakeholders and senior executives then these are some of the questions and topics to discuss at the first such meeting. What is the vision for our organization? Where are we headed?

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No Innovation Strategy Fits Every Problem, So You Need To Work With Full Toolbox

Digital Tonto

The truth is that every innovation strategy fails eventually, because there are always new problems to solve. Related posts: Here’s Why Your Innovation Strategy Will Fail. The Difference between. [[ This is a content summary only. Visit my website for full links, other content, and more! ]].

Strategy 174
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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