Idea to Value
JULY 5, 2023
Sometimes, having more information will not make your decisions any better. Yet many people panic before making any decision, and want to keep gathering more data and information before they feel “ready” to make the correct choices. And one of the cognitive biases which may underpin it is called the Information Bias.
IdeaScale
FEBRUARY 18, 2020
Innovation roadmaps use the product roadmap technique to drive innovation strategy, and they’re powerful tools regardless of your industry. Innovation is about creativity, but it only works when that creativity is focused. Remember, innovation roadmaps are no replacement for drive, creativity, and ambition.
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Idea to Value
NOVEMBER 2, 2021
When it comes to doing research and validating your innovations, be careful that you aren’t unconsciously suffering from confirmation bias. Simply put: we want to find information that proves that we were right all along. There are three major ways that confirmation bias is expressed: Biased search for information.
InnovationManagement
FEBRUARY 2, 2022
Nearly 40% of IdeaScale’s customer base is run from a dedicated innovation department helmed by a Chief Innovation Officer, an innovation leader, an innovation manager or someone else. However, there is another emerging owner for innovation at a large organization. appeared first on InnovationManagement.
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Idea to Value
JANUARY 13, 2021
And usually this leads to advice about making sure you have enough information for a thorough analysis, weighing up all the factors before then being able to be confident in a decision you make. The problem is that research shows that having more information does not necessarily lead to better quality decisions.
InnovationManagement
JANUARY 22, 2020
What separates the great innovators from the industry laggards? The post Innovation Differentiators: Information and Implementation appeared first on Innovation Management. The post Innovation Differentiators: Information and Implementation appeared first on Innovation Management.
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It’s common to run into data overload throughout this process, leading to disparate systems, information silos, and the inability to navigate external challenges. The future of the supply chain industry will take the emotion out of decision-making by leveraging innovative technology to transform raw data into actionable intelligence.
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