March, 2024

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Using Generative AI to Drive Corporate Impact

TechEmpower Innovation

Generative AI is revolutionizing how corporations operate by enhancing efficiency and innovation across various functions. Focusing on generative AI applications in a select few corporate functions can contribute to a significant portion of the technology's overall impact. Key Functions with High Impact Generative AI is revolutionizing sales by enabling dynamic pricing and personalized customer interactions, boosting conversion rates and customer satisfaction.

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Thirty Ways to Develop your Lateral Thinking

Destination Innovation

Image by Stefan Keller on Pixabay Lateral thinking involves looking at things in different ways from everyone else. It means coming at the situation from the side rather than head on. It comprises thinking unconventional, heretical thoughts that challenge existing norms and the status quo. Here are thirty ways to foster your lateral thinking: Embrace Curiosity: Stay curious as you go through life.

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Learn How to Come Up with Innovative Ideas with Expert Tips

IdeaScale

Success in today's dynamic and competitive business environment is significantly influenced by innovation, serving as a key driver for progress. But coming up with innovative ideas is easier said than done. So, how can you unlock your creative genius and come up with ideas that will set you apart from the competition?

Tips 130
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Every Revolution Needs To Anticipate Its Own Counterrevolution

Digital Tonto

Saul Alinsky noted that every revolution inspires its own counter-revolution. “Once we accept and learn to anticipate the inevitable counterrevolution, we may then alter the historical pattern of revolution and counterrevolution from the traditional slow advance of two steps forward and one step backward to minimizing the latter,” he wrote. We are at an inflection point, with multiple pendulum’s beginning to swing the other way.

Change 149
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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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Why you need a faster, more nimble culture

Jeffrey Phillips

I wrote a piece last week introducing the idea that change is strategic, and that strategy should consider change competency as a core competency. Change is happening so quickly and from so many different directions and dimensions that companies cannot create strategy without also preparing for and being ready to change. Companies cannot build static strategies that stretch over 3 or 5 years.

Culture 157
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When You Have to Make a Strategic Decision Without Much Data

Harvard Business Review

One big challenge that leaders have when figuring out how or where their companies can grow is that a dearth of data about future problems and opportunities. In these situations, there are three techniques that leaders can employ to develop insights: look at customers and startups for signs of change, experience new technologies rather than just read about them, and practice “associative thinking,” which means connect two seemingly disparate concepts to develop a novel idea.

Data 138

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What is a product manager? | Sopheon

Sopheon

The product manager role is evolving at an unprecedented pace. The changes we’ve seen in the role over the last decade are head-spinning. And the answer to the question, “What is a product manager?” will be completely different ten years from now (thanks to AI).

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Use GenAI to Turn Insights into Investable Ideas (Part 1)

IdeaScale

Innovation is often glamorized by the bookends of sourcing promising ideas like colorful post-it notes or highlighting the final polished product we see in the store. Stories of the unglamorous hard work required to bridge the gap between “I have an idea” to its realization are often not shared.

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If You Want To Lead, You Need To Embrace The Basic Human Need For Status

Digital Tonto

A simple truth about status games is that we all play them, whether we are aware of it or not. It is our drive for status that helps us form and signal identity, figure out who we are in relation to others and derive a sense of meaning about our existence, whether that meaning is rooted in achievement, care for those around us or our ability to enforce our will on others.

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Addictive, exclusive, experience: Critical factors for new products or companies

Jeffrey Phillips

I had quite a day yesterday, meeting with a potential partner at Starbucks, getting my iPhone repaired at the Apple store and a number of other activities. Along the way I encountered a couple of very successful companies: Starbucks, where I met a potential partner, Apple, where I went to get some repairs done on my iPhone and Chik-Fil-A, which was down the hall from the Apple store.

Company 111
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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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Don’t Underestimate the Power of Small Breaks During a Busy Workday

Harvard Business Review

Many people operate from the belief that there’s too much to do and they can’t afford to pause during their workday. But taking effective breaks is essential to preventing burnout. In this article, the author outlines eight strategies to try to build more breaks into your day.

Strategy 128
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Unleash Your Teams Strategic Potential: 10 Ways to Craft the Best Business Strategies

Leapfrogging

Introduction to Strategic Thinking in Business The Importance of Strategy in a Disruptive World In today’s business environment, disruption is the new norm. With technology advancing at breakneck speeds and market dynamics shifting unpredictably, it’s crucial for you as a business leader to embrace strategic thinking. A well-crafted strategy can serve as a compass, guiding your organization through the complexities of a disruptive world and towards sustained success.

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I Moved My 80-Person Company to a 4-Day Workweek Even Though It's Against the Industry Norm. Here's Why We'll Never Go Back.

Entrepreneur - Innovation

Dominic Tremblay and his partner Ludwig Ciupka are co-founders of TUX, a creative agency that introduced a 4-day workweek. Read more about the model's success.

Industry 112
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Use GenAI to Turn Insights into Investable Ideas (Part 2)

IdeaScale

This article builds on our previous write-up (Part 1) where we demonstrated how to transform your initial thinking into a compelling value proposition. We showed how you can increase your chances for approval and funding by using generative AI and CO-STAR to accomplish this critical first step in ideation and complete it almost instantaneously.

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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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4 Questions Worth Asking on International Women’s Day

Planview

Nearly 115 years ago, Clara Zetkin set a vision: that every country, every year, would celebrate women on the same day. The group that Zetkin rallied in Copenhagen then — about 100 passionate women from 17 countries — has grown exponentially. In fact, International Women’s Day (IWD) is now an official holiday in more than 25 countries, with thousands of marches, debates, concerts, and talks taking place each year.

Policies 105
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Who is minding the change and culture store?

Jeffrey Phillips

In my last two blogs, I made the argument that given how fast change is happening, your strategy must incorporate and address external change and the ability to change internally. Otherwise, you are creating strategy that ignores exceptionally powerful forces that are creating change and shifting the competitive markets in real time. In the more recent blog, I wrote about what I consider the most difficult thing to change in an organization - its culture.

Culture 144
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How to Succeed When You’re Not the Boss’s Favorite

Harvard Business Review

Staying positive and motivated is tough when your boss has a clear favorite. When you feel like you’re not favored, you may hesitate to proactively communicate with your boss, worrying that you might be a bother and worsen your relationship or that your attempts will be futile. However, a passive approach will result in missed opportunities for growth, clarification, and relationship-building.

How To 132
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Driving Success: How to Lead High Performance Leadership Teams with Psychological Safety & Experiential Intelligence

Leapfrogging

Introduction to High Performance Leadership Teams Defining High Performance Leadership Teams High performance leadership teams are those that not only achieve outstanding results but also sustain these levels of success over time. Such teams are characterized by their ability to effectively collaborate, adapt swiftly to change, and consistently exceed expectations.

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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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10 CX and Customer Service Predictions for 2024 (Part 2)

Innovation Excellence

GUEST POST from Shep Hyken As promised, I’m back with the second part of my top predictions and trends for 2024 in the world of customer service and customer experience (CX). You can read the first five here. So, let’s get started with No. 6. 6.

Trends 99
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10 Game-Changing Strategic Marketing Innovations You Need to Implement Right Now

IdeaScale

Strategic marketing innovations are crucial for businesses looking to stay ahead of the curve and succeed in today's highly competitive market. With the constant changes in technology and consumer behavior, it's essential to keep up with the latest trends and adopt new strategies that can help your business grow.

Marketing 130
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Multitasking – NOT the Best Strategy

Focused Momentum

Multitasking is often a skill identified with a highly productive person, yet today our use of technology has pushed multitasking to ridiculous levels. As you know, it has gotten so bad that we’ve had to pass laws to do less of it, and now research indicates that rather than increasing productivity, it could be harming us. As an expert in strategy development for more than 20 years, I have had a front row seat to how this trend has impaired strategic thinking too.

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The “hug” that America’s mothers need now

Christensen Institute

As we embark upon women’s history month, it appears 2024 is on track to be another stressful year for women in America. This isn’t a post about the recent women’s health news , but instead, about what this recent ruling continues to signify about the stressors of women’s health care and health outcomes in the US, and how we might make our current state better.

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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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How to Actually Execute Change at a Company

Harvard Business Review

The author analyze project teams across 257 firms to identify why only 60% of planned value is typically realized in change initiatives, focusing on four key factors: effective initial communication (“ACE the Memo”), ensuring resource accessibility and autonomy (“Master the Means”), employing mechanisms to align actions with goals (“Amplify with Mechanisms”), and strategic measurement to influence future outcomes (“Measure to Account”).

Change 135
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Revolutionize Your Team: Creating Psychology Safety with Experiential Intelligence

Leapfrogging

Introduction to High Performing Teams High-performing teams are the engines of innovation and success in any organization. They outperform their peers in productivity, creativity, and overall results. But what distinguishes these teams from the rest? Two critical elements are psychological safety and experiential intelligence. Defining Psychological Safety and Experiential Intelligence Psychological safety is a shared belief held by members of a team that the team is safe for interpersonal risk-

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Innovation is Rubbish!

Innovation Excellence

Why waste recycling and reuse may represent a valuable entrepreneurial opportunity… GUEST POST from John Bessant One of our family traditions at this time of year is the big clear-up.

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Is Imagination really more important than knowledge?

IdeaScale

How does imagination catalyze collective innovation and unleash corporate vitality - and is imagination, like we are led to believe that Albert Einstein famously said - is more important than knowledge?

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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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Women Are More Likely to Be Laid Off Than Promoted in Tech — Here's How We Can Change the Status Quo

Entrepreneur - Innovation

In the face of a tech industry where women are more likely to be laid off than be promoted to leadership positions, it's time to hack the system and reboot the gender balance for good to turbocharge innovation and propel the industry.

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Crafting a Future-Proof Organization: The Power of Transformation Over Change

Daniel Burrus

When it comes to the concept of disruptions in this world, we tend to focus on all the new digital tools that are creating ripples in headlines. From generative AI to digital currency, these digital disruptions are definitely leaving their impact. But instead, the focus of today should be on the very concept of disruption itself, not just digital disruption.

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Put Marketing at the Core of Your Growth Strategy

Harvard Business Review

Companies that make the decision to put marketing at the core of their growth strategy outperform the competition, according to McKinsey research. Specifically, both B2C and B2B companies who view branding and advertising as a top two growth strategy are twice as likely to see revenue growth of 5% or more than those that don’t (67% to 33%). Yet their research also showed that few CEOs recognize the potential for marketing as a growth accelerator.

Marketing 128
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The Future of Design Thinking: Embracing AI Tools for Success

Leapfrogging

Introduction to Design Thinking Design thinking has become a cornerstone methodology in the worlds of innovation, business strategy, and product development. This approach emphasizes a user-centric problem-solving process that is both iterative and hands-on, encouraging teams to deeply understand their users, challenge assumptions, and redefine problems in an attempt to identify alternative strategies and solutions.

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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