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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Are You Embracing Innovation Ecosystems for Enhanced Competitiveness

Paul Hobcraft

Embracing Innovation Ecosystems for Enhanced Competitiveness In today’s rapidly evolving business landscape, innovation is paramount for organizations to thrive and achieve sustainable success. Traditional approaches to innovation, often isolated and siloed within a single organization, may not be sufficient in addressing the complex challenges and opportunities presented by the modern business environment.

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Reality Strikes Back: How to Build Innovation Resilience in Uncertainty

IdeaScale

“This time feels different.” I’ve been hearing this from innovation practitioners and partners for months We’ve seen innovation resilience tested in times of economic uncertainty and geopolitical volatility. We’ve seen it flourish when markets soar and capital is abundant. We’ve seen it all, but this time feels different.

How To 130
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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 166
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The AI Superhero Approach to Product Management

Speaker: Conrado Morlan

In this engaging and witty talk, we’ll explore how artificial intelligence can transform the daily tasks of product managers into streamlined, efficient processes. Using the lens of a superhero narrative, we’ll uncover how AI can be the ultimate sidekick, aiding in decision-making, enhancing productivity, and boosting innovation. Attendees will leave with practical tools and actionable insights, motivated to embrace AI and leverage its potential in their work. 🦸 🏢 Key objectives:

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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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Read More Books

Destination Innovation

Here is a quick tip from the online course, How to be a Brillaint Thinker on Udemy. Check it out here: How to be a Brilliant Thinker Read More Books The post Read More Books appeared first on Destination Innovation.

Course 117

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Where does open collaboration figure at the top of the CEO’s thinking today?

Paul Hobcraft

Open up your CEO’s innovating thinking to make the jump Innovation must rely increasingly on interconnected organizations organized around a central focal point of value and impact. An ecosystem design in thought and design so organizations can act differently on strategies, business models, leadership, and customer engagement to build new value and worth.

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The 5 Keys to Corporate Longevity

IdeaScale

The quest for immortality is as old as humankind. From King Gilgamesh in 2100 BCE to Jeff Bezos and Larry Page, the only thing that stops our pursuit of longevity is death. So why don’t we apply this same verve and vigor to building things that last forever? Why don’t we invest in corporate longevity?

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Why You Often Need To Start Slow In Order To Go Fast

Digital Tonto

When I first moved overseas in 1997, email was still relatively new. There was no social media. Mostly, we communicated by landline and that was expensive. You couldn’t always reach who you wanted to, so things necessarily moved slower. We had to be more thoughtful because we didn’t really have any other choice. Today we live in a much more technological age, where many things move faster and we’ve come to expect nearly instant gratification.

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Four Hidden Secrets of Innovation

Innovation Excellence

GUEST POST from Greg Satell Every enterprise needs to innovate. It doesn’t matter whether you are a profit-seeking business, a nonprofit organization or a government entity, the simple truth is that every business model fails eventually, because things change over time. We have to manage not for stability, but for disruption or face irrelevance.

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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 Succeed with Corporate Innovation: Strategies and Best Practices

Qmarkets

Innovation is critical for businesses of all shapes and sizes, from launching a first product to making a new global acquisition. However corporate innovation is often the most complex and challenging due to its scale and scope. Many organizations face difficulties in establishing effective innovation programs, often due to misaligned strategies, unclear processes, and inadequate tools.

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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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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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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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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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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 154
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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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Virtual Innovation Roundtable: Building Your Ideal Enterprise Innovation Ecosystem

Qmarkets

Qmarkets has always been at the forefront of AI. Now, we are injecting the full power of generative AI across our entire suite of innovation management tools. Join our product specialist Yoel Ben Nesher as he lifts the lid on these brand new AI features and demonstrates how they can be used to achieve unparalleled efficiency in your enterprise innovation program.

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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 141
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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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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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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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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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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 109
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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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Explore the Best Operational Excellence Model | KaiNexus

Kainexus

" Operational excellence begins with having the right strategy, but it's realized through relentless focus on execution and continuous improvement. " Jeff Bezos - Amazon Operational excellence is crucial for business leaders aiming for continuous improvement because it establishes a framework for consistently delivering high-quality products and services while optimizing processes and reducing waste.

LEAN 75
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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 134
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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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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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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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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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Organizational Debt Syndrome Poses a Threat

Innovation Excellence

GUEST POST from Stefan Lindegaard Organizations face numerous challenges as they grow and evolve. One of the most significant challenges is the Organizational Debt Syndrome, a phenomenon that results from accumulated compromises and shortcuts taken in people, culture, and leadership practices over time.

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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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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 138
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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!