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Ten pitfalls inventors face and tips for avoiding them

Idea to Value

Many studies have been carried out by different groups coming to different top 10 or top 20 reasons why startups fail, which are, without any doubt worth reading and learning from. Tip: Do your research before you start investing time and money. The number one reason why startups fail is insufficient need for their product.

Tips 264
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Generative AI – The End of Empty Textboxes

TechEmpower Innovation

On a different project, we’d just used a Large Language Model (LLM) - in this case OpenAI’s GPT - to provide users with pre-filled text boxes, with content based on choices they’d previously made. For example, let’s consider Mark. It means wasted advertising spend and lost goodwill.

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Eight Tips to Improve Employee Engagement in 2020

IdeaScale

Yet bringing your team out of their box of day-to-day tasks and larger projects to focus on innovation can feel daunting. Lead by example. That said, be sure to use successful results as examples for other departments, and be sure the ideas themselves are visible outside the department also.

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How to Set Department Goals: 5 Useful Tips

CMOE

Learn what department goals are and why they are essential and review a five-step plan to actually execute them. For example, the level of quality each team member must achieve for the department. These statements help to set expectations and encourage individuals to learn, grow, and contribute. What Is a Department Goal?

Tips 52
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Digital transformation examples

Board of Innovation

Digital transformation examples How do you structure a digital transformation process, who needs to be involved, where to start? Learn how to start small: the art of minimum viable products. In our own innovation consultancy projects, we regularly look at how other companies approached this problem. Unplug from the organization.

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How to Create a Learning Culture in the Workplace

CMOE

A workplace culture of learning is becoming increasingly important as organizations strive to keep up with the ever-changing business landscape. Creating a learning culture encourages employees to refine old skills and develop new ones to help them perform their jobs better and contribute to the organization’s success.

Culture 59
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The Nuanced Art of Leadership: When to Step in and When to Guide

Tullio Siragusa

Knowing When to Intervene: Tips and Examples Every situation is unique, and the ability to discern when to step in and when to let team members handle matters is a testament to effective leadership. The Role of Friction in Growth Every obstacle and challenge faced by a team serves as a pivotal learning point.