July, 2024

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Nothing creative is guaranteed to be a success

Idea to Value

Every time you produce something creative, there is a high chance that it might fail. It doesn’t matter if it is an innovative new product idea, a new song, or a new recipe. Whatever you produce, and no matter how successful you have previously been, it does not mean that customers will want what you have produced. For example, in recent years Hollywood films have more frequently begun to “bomb” at the box office, taking in less ticket sales than was expected.

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The Best Way To Overcome Resistance And Defeat Doubters: Start with a Resistance Inventory

Digital Tonto

The story of Blockbuster video is one that is often repeated, but rarely understood. The CEO, John Antioco, did not, as is frequently assumed, ignore the Netflix threat but devised an effective strategy to meet it head on. However, tensions with shareholders eventually boiled over, a salary dispute led him to resign and the strategy was abandoned. Antioco’s mistake wasn't a lack of a market strategy, but a lack of a resistance strategy.

Video 157
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The Top Innovation Management Software: HYPE Innovation recognized as #1 by Independent Research Firm

HYPE Innovation

Innovation management (IM) has evolved from merely managing ideas to encompassing the entire innovation lifecycle, including startup and technology scouting, trend management, open innovation, continuous improvement, employee engagement, and innovation portfolio management. This transformation is driven by the need for comprehensive solutions that strategically integrate diverse innovation activities, enabling structured processes and consistent outcomes.

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A Yin-Yang Model for Global Sustainability: Moving Towards Rural-Urban Balance

IdeaScale

Summary This article employs a holistic, interactive East Asian framework—the ancient yin-yang circle—for presenting both defensive and proactive carbon control strategies in urban and rural areas.

Strategy 130
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Provide Real Value in Your Applications with Data and Analytics

The complexity of financial data, the need for real-time insight, and the demand for user-friendly visualizations can seem daunting when it comes to analytics - but there is an easier way. With Logi Symphony, we aim to turn these challenges into opportunities. Our platform empowers you to seamlessly integrate advanced data analytics, generative AI, data visualization, and pixel-perfect reporting into your applications, transforming raw data into actionable insights.

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How to Integrate Cloud, Data, and AI Technologies — and Make Your Company More Adaptable

Harvard Business Review

Building a strong, flexible “digital core” that integrates cloud, data, and AI technologies to serve as an interconnected foundation for your company is the key to future growth. It is your means of supporting the current business drive toward efficiency and effectiveness, while remaining flexible enough to respond to the new needs of the organization and quickly adopt and scale the latest technology innovations.

Data 130
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Finding Success With CPG Sustainability and Innovation | Sopheon

Sopheon

Consumer demand for sustainably produced products is surging, and CPGs must take notice. A recent study from McKinsey and NielsonIQ found that products that make environmental, social and governance (ESG) claims experienced 28% cumulative growth over a five-year period, compared to a 20% rate for companies that made no such claims.

Study 101

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There Is No Secret Formula. Effective Leaders Need To Master Mode Shifting.

Digital Tonto

About a decade ago I made the trip out to see Brian Robertson, the creator of Holacracy, the leaderless management governance method. It was all the rage at the time, with high-flying firms such as Zappos and Medium adopting it enthusiastically. Brian was kind enough to spend a few hours with me, explaining the ins and outs of how it all worked. But even then I was skeptical and I told him so.

Course 156
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Transforming Businesses with Anticipatory Strategies in the Age of AI

Daniel Burrus

Right now, we are experiencing technological advancements at an unprecedented rate. From self-driving vehicles to generative AI like ChatGPT, our landscape as both business leaders and consumers is changing exponentially. In fact, I believe that change is too mild a term for the advancements in innovation we are seeing. Technological transformation is far more accurate.

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Breaking Down Silos: Collaborative Innovation in Large Organizations

IdeaScale

The Innovation Struggle: Great Ideas Lost in the Labyrinth Large organizations often face a paradox: they have a wealth of talent and resources, yet struggle to consistently generate groundbreaking ideas. The culprit? Silos. Departmental isolation, fragmented communication, and a lack of cross-pollination stifle innovation.

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The Limits of GenAI Educators

Harvard Business Review

While generative AI tools have been heralded as the future of education, more than 40 years of academic research suggests that it could also harm learning in realms from online tutoring to employee training for three reasons. First, the best student-teacher relationships are empathetic ones but it is biologically impossible for humans and AI to develop mutual empathy.

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How to Easily Navigate Crypto Accounting in the Web3 Era

Speaker: Aaron Jacob, VP of Accounting Solutions & Reagan Cook, GTM Lead

Are you struggling to navigate the complexities and challenges that come with crypto accounting? 🤔 This new webinar will cover everything businesses need to know to get started with crypto accounting after incorporating crypto into their business models! Industry experts Aaron Jacob and Reagan Cook of TaxBit will thoroughly explore the prevalent operational hurdles encountered by accounting teams when interacting with crypto on the books, and detail how software solutions can effectively

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Finding the right tools for CPG Innovation | Sopheon

Sopheon

The Consumer Packaged Goods (CPG) industry is experiencing a period of tremendous change. Shifting consumer preferences, a growing demand for health-conscious options, sustainable practices and ethical sourcing are forcing companies to continuously examine how they approach CGP innovation to stay ahead of competitors. Throw in exterior challenges like nimble startups and volatile supply, and it’s easy to see how difficult the CPG landscape is today.

Tools 105
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Do You Bring Your Whole Self to Work?

Innovation Excellence

GUEST POST from Mike Shipulski Do you bring your whole self to work? If not, how do you feel about that? When you demonstrate your unique goodness and it’s met with “You don’t fit in.” they may say they want you to fit in, but, really, that’s objective evidence that they need your unique goodness.

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Is Humanity's Dependence on Technology Good Or Bad?

Phil McKinney

In today’s rapidly evolving world, technology is both an enabler and a challenge. Its pervasive presence in our lives raises pertinent questions about its impact on our critical thinking and problem-solving capabilities. As we navigate this digital age, we must ask: Has our increasing reliance on technology improved or diminished these vital skills?

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Top Strategies to Achieve Operational Excellence | KaiNexus

Kainexus

Operational excellence as a strategic objective focuses on continuously improving internal processes and systems to achieve superior efficiency, quality, and customer satisfaction. Adopting a structured approach involves identifying inefficiencies, implementing best practices, and leveraging technology to streamline operations. This approach enhances productivity and strengthens competitive advantage by enabling organizations to respond effectively to market changes and customer needs, fostering

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Scan to Success: How to Leverage QR Codes for Offline and Online Marketing Power

Speaker: Corey Daugherty, Head of Business Development at Flowcode & Georgette Malitsis, Senior Customer Success Manager, Enterprise at Flowcode

Let's explore the transformative power of QR codes in bridging offline and online marketing worlds. 📲 This new webinar featuring Corey Daugherty and Georgette Malitsis of Flowcode will dive into how innovative QR technology not only enhances traditional marketing strategies, but also drives meaningful customer engagement and analytics. Register today to gain practical knowledge on using QR codes to increase conversion rates, optimize customer journeys, and ultimately unlock a new realm o

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Leadership Confidence: Why Executives’ Trust in Their Teams is Plummeting and How to Rebuild It

IdeaScale

“Trust no one. Suspect everyone.” Great advice if you’re an MI6 agent trying to uncover a spy at the height of the Cold War. Not great advice if you’re a senior executive responsible for leading a team to deliver record results.

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6 Ways to Bring Strategy into Your Work Every Day

Harvard Business Review

Business leaders are expected to be strategic, and while organizational obstacles can prevent you from translating intent into strategic actions, so can your personal limitations and practices. It doesn’t have to be this way. Even when it feels like the odds are stacked against you, you have more choices than you may realize. Small decisions about where to focus and what to do throughout your day may feel inconsequential, but their impacts accumulate.

Strategy 138
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Leading Innovation with Natalie Turner

Viima

We've returned with yet another Innovation Room Podcast episode. In this conversation, Colin was joined by Natalie Turner to talk about the inspiration behind The Six 'I's® model, lessons she learned while working in Asia, and explore the challenges and opportunities in the ever-evolving innovation landscape.

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Are You Pursuing Efficiency at the Expense of Effectiveness?

Innovation Excellence

GUEST POST from Mike Shipulski Efficiency is a simple measurement – output divided by resources needed to achieve it. How much did you get done and how many people did you need to do it? What was the return on the investment?

Resources 107
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Don’t Get Left Behind: Leveraging Modern Product Management Across the Organization

Speaker: Kat Conner

The challenge of delivering the right product at the right time while aligning with strategic objectives is more pressing than ever. Product management is evolving and gaining greater recognition as the means to creating this connection. Join our upcoming webinar and learn how to streamline your product development processes, infuse product thinking across the organization, and bridge the gap between vision and delivery.

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What the latest BCG report tells us about what leaders need to do to build innovation capability

Cris Beswick

Innovation has never been a higher priority for companies, yet most struggle to deliver on their aspirations. BCG’s 2024 global innovation survey found that 83% of companies rank innovation as a top-3 priority. However, innovation readiness has plummeted, with just 3% of companies scoring in the “ready zone” on BCG’s innovation maturity benchmark, down from 20% in 2022.

Report 59
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Emergent Challenges in Biopharma Portfolio Management

Planview

In 2023, Planview was pleased to sponsor several WHY Summit Events: Basil, Switzerland, and Philadelphia. A year later, we returned to Philadelphia and then headed cross-country to San Francisco for the WHY Summit’s 21st and 22nd American Pharma and Biotech Project, Program, and Portfolio Management Conference. In this blog, we will illuminate a few common themes based on presentations and discussions around the conference.

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How IdeaScale Transforms Your Organization’s Creative Potential

IdeaScale

The ability to innovate is crucial for success. Yet, many organizations struggle to harness their creative potential. Traditional suggestion boxes and unstructured brainstorming sessions often fail to capture valuable insights, leaving great ideas unnoticed. A 2023 Gallup study found that only 35% of American workers feel their ideas are heard at work.

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The Risks of Botshit

Harvard Business Review

Botshit — made-up, inaccurate, and untruthful chatbot content that humans uncritically use for tasks — can pose major risks to your business in the form of reputational damage, incorrect decisions, legal liability, economic losses, and even human safety. Yet, it’s unlikely that chatbots are going away. How can you manage these risks while taking advantage of the benefits of promising new tools?

Tools 126
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Generative AI Deep Dive: Advancing from Proof of Concept to Production

Speaker: Maher Hanafi, VP of Engineering at Betterworks & Tony Karrer, CTO at Aggregage

Executive leaders and board members are pushing their teams to adopt Generative AI to gain a competitive edge, save money, and otherwise take advantage of the promise of this new era of artificial intelligence. There's no question that it is challenging to figure out where to focus and how to advance when it’s a new field that is evolving everyday. 💡 This new webinar featuring Maher Hanafi, VP of Engineering at Betterworks, will explore a practical framework to transform Generative AI pr

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Ecosystems lack a perceived differentiation

Ecosystems4Innovating

Achieving a new positioning in Ecosystem differentiation I have been spending a lot of my time working through Business Ecosystems trying to get a decent “handle” on what really matters as the most important dynamics and why ecosystems are rising in importance to support reshaping multiple business landscapes and determine what practices will unlock value and impact.

Trends 64
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These Forgotten Customers Are Key to Your Success

Innovation Excellence

GUEST POST from Robyn Bolton “There is only one boss. The customer.” – Sam Walton With all the buzz around human-centered design, customer-centric businesses, and external-facing organizations, corporate America is (finally) waking up to the importance and value of creating things that people actually want and that solve people’s problems.

Design 102
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What is Open Innovation? Benefits & Best Practices

Qmarkets

The traditional approach to innovation, often termed “closed innovation,” relies heavily on internal resources and ideas to drive new developments. While this method has led to significant breakthroughs in the past, it comes with inherent limitations. Companies working in isolation may miss out on the vast pool of external knowledge and innovative ideas that could propel them forward.

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How to Reboot Your Innovation System

Cris Beswick

Having written several books over the past decade and contributed small snippets of thought leadership or entire chapters to over a dozen other books, I still return to the book I wrote with Derek Bishop and Jo Geraghty of Culture Consultancy fame. Despite the world of corporate innovation seemingly moving on from when we wrote it, the reality is that the basics still need to be implemented for many organisations.

System 59
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How to Optimize Call Monitoring: Automate QA and Elevate Customer Experience

Speaker: Laura Noonan, Chief Revenue Officer at CallFinder + Angie Kronlage, Director of Program Success at Working Solutions + April Wiita, Vice President of Program Success at Working Solutions

Are you still manually reviewing calls? 🤔 It's time for a change! The traditional method of manual call monitoring is no longer cutting it in today's fast-paced call center environment. Industry experts Angie Kronlage and April Wiita from Working Solutions are here to explore the power of innovative automation to revolutionize outdated call review processes!

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California Moves to Protect Community College Faculty from AI Replacement

IdeaScale

In a landmark decision, the California legislature has unanimously passed a bill aimed at preventing the replacement of community college professors with artificial intelligence (AI) bots. The brief, two-page bill, which now awaits the signature of Governor Gavin Newsom, seeks to ensure that only qualified human instructors lead college courses.

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Creating Stability Is Just as Important as Managing Change

Harvard Business Review

When we think about change at work today, we tend to assume its inevitability and focus our attention on how to manage it — what methods and processes and technology and communication we need to put in place to have it move ahead more smoothly. Of course, some change is necessary, and some is inevitable. But not all of it. What the scientific literature on predictability, agency, belonging, place, and meaning suggests is that before we think about managing change, we should consider the conditio

Change 134
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Heads of R&D and Their Changing Agendas: The Transformation Toolkit for 2024+

ITONICS

Every industry is on the move. Automakers are transforming from car producers to data centers. Manufacturers are changing from human-dominated shop floors to autonomous systems. The energy industry is on the move from fossil to renewable sources. Information systems move from information carriers to conversational systems. The nature of work itself is transforming, with remote and digital work becoming more prevalent.

Change 68
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Giving Your Team a Sense Of Shared Purpose

Innovation Excellence

GUEST POST from David Burkus With work and life becoming more intertwined than ever, people increasingly seek purpose through work. So, leaders are being called upon to create a sense of purpose on a team.

Company 105
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Deliver Mission Critical Insights in Real Time with Data & Analytics

In the fast-moving manufacturing sector, delivering mission-critical data insights to empower your end users or customers can be a challenge. Traditional BI tools can be cumbersome and difficult to integrate - but it doesn't have to be this way. Logi Symphony offers a powerful and user-friendly solution, allowing you to seamlessly embed self-service analytics, generative AI, data visualization, and pixel-perfect reporting directly into your applications.