2023

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The needs of Innovation Coherence

Paul Hobcraft

The needs of Innovation Coherence. Innovation often fails to align with strategic needs. It is a known, well-discussed fact. This is often not the fault of the innovator but the very people designing but not sharing the strategy or failing to recognize all the implications this might mean in shifting resources, investing money or simply under-appreciating the complexities that often lie with innovation to conceive, validate, contribute and deliver the contributions into that strategy.

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Job One of the 2022 CHIPS and Science Act: Closing the Digital Divide

Business and Tech

The United States is taking bold steps to reinvigorate its economy through game-changing investments in high-tech research and manufacturing. For more than 50 years, U.S. businesses outsourced manufacturing overseas rather than investing at home. For example, engineers invented the semiconductor in the United States, but the nation produces about 10% of the world’s supply today.

LEAN 299
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Leaders will invest less in transformational innovation due to fears over the economy

Idea to Value

One of the biggest questions I am getting from businesses at the moment is what the potential impact of a recession or the slowdown of the economy might have on their innovation efforts. And according to a new report by Innovation Leader and KPMG USA called “ Benchmarking Innovation Impact, from InnoLead.” (available for download from Tuesday 7 Feb 2023), the outlook shows that there are potentially major problems ahead for innovation teams.

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Inside-out versus outside-in strategy: Which is better for your business?

HYPE Innovation

As a passionate customer insight strategist, I tend to prefer an outside-in business strategy, meaning one that looks at customers’ latent or hidden needs and translates them into solutions that will serve them. In other words, a strategy that focuses on co-creating value together with your customers.

Strategy 297
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Why You Need to Use Case Studies in Sales and Marketing (and How to Start Now)

Case studies are proof of successful client relations and a verifiable product or service. They persuade buyers by highlighting your customers' experiences with your company and its solution. In sales, case studies are crucial pieces of content that can be tailored to prospects' pain points and used throughout the buyer's journey. In marketing, case studies are versatile assets for generating business, providing reusable elements for ad and social media content, website material, and marketing c

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Best Selling Lateral Thinking Books

Destination Innovation

Here are my top four best-selling Lateral Thinking Books Lateral Thinking Puzzlers – published by Puzzlewright Press. The classic collection of the top lateral thinking puzzles. First published in 1991 and still in print. It has sold over 600,000 copies and is a firm favourite with puzzle fans young and old. Lateral Thinking for Every Day – published by Kogan Page.

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Innovating in India Part 2 – History of India’s Innovation Challenges

IdeaScale

In the first part of our three-part series, we discussed the unique challenges of innovating in India. In this second part, we will explore how these challenges have their origins in India's culture, history, and institutional structures. Regulatory Challenges: A Legacy of Colonialism India's regulatory environment is a legacy of its colonial past, although [.

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The AI Hype Cycle Is Distracting Companies

Harvard Business Review

Machine learning has an “AI” problem. With new breathtaking capabilities from generative AI released every several months — and AI hype escalating at an even higher rate — it’s high time we differentiate most of today’s practical ML projects from those research advances. This begins by correctly naming such projects: Call them “ML,” not “AI.” Including all ML initiatives under the “AI” umbrella oversells and misleads, contributing to a high failure rate for ML business deployments.

Company 137
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ChatGPT on Business Innovation Ecosystems

Ecosystems4Innovating

Discussing with ChatGPT about Business Innovation Ecosystems, their value and progress

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23 Experts Predict What’s the Most Exciting AI Trend in 2023

Acuvate

The future of Artificial Intelligence is a hotly debated topic, with countless predictions and speculations about its potential impact. With the rise of Generative AI and Adaptive AI, the field is rapidly evolving and advancing. At Acuvate, we have been using AI to revolutionize business processes. To gain a deeper understanding of what’s to come, we asked 20 of the top AI specialists globally this question: ‘What is your prediction for the materialization of AI in 2023?

Trends 145
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Shifting the conversation from poverty alleviation to prosperity creation

Christensen Institute

In the recently published report , Scenarios for Future Global Growth, Charles Kenny and Zack Gehan forecast how the global economy will evolve by 2050. There’s good and bad news. The good news is that, by their estimates, no country will be classified as low-income (currently defined as having a Gross National Income per capita of $1,085 or less) by 2050.

Report 131
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Retail Tech: Empower Associates, Optimize CX, and Boost Productivity

Speaker: Andrew Regan, Managing Partner at BlueSeed Retail Ltd.

Did you know that 70% of new retail technology fails to deliver expected benefits and can often decrease customer value, service, and experience? With that in mind, how can we empower our store associates to leverage new technology to optimize the customer experience and boost productivity? This exclusive webinar with Andrew Regan will dive into strategies to empower retail associates for success with new technology.

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The power of ecosystem thinking for resolving the innovation complexity of today

Paul Hobcraft

Applying ecosystem thinking to innovate complex and challenging problems “Opening up our thinking towards ecosystems will have a powerful effect, it alters the way we will approach problems today and in the future, ecosystems offer a greater potential for collaborative growth, impact and sustaining innovating value” Our understanding of innovation is changing; we are evaluating and changing our existing focus from closed (internal orientation) into open and far more collaborative innovation (ext

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The Uplifting Wisdom of Fred Smith

CorporateIntel

I recently enjoyed the privilege of participating in a small group online discussion with Frederick W, Smith , the founder and longtime CEO of Federal Express. Imagine being at the helm of a global disruptor like FedEx for an uncanny five decades. Think someone like that might have a few things to say about the life and times of business, society, and learning?

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What is the purpose of a manager nowadays?

Idea to Value

A few months ago, I saw a piece of research which has stuck with me. Research by Microsoft was looking into how Hybrid Work was working , and found out the following shocking statistic: 87% of employees feel like they are just as productive working remotely as they are in the office But 88% of managers feel like their team members are not as productive remotely That means only 12% of managers feel like their team is being productive in an environment where they are not visible to the managers.

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Unleashing The Superpower That Is Intrapreneurship

Innov8rs

Innov8rs | Intrapreneurship is a superpower that drives innovation for any organization, waiting to be unlocked. To harness this power, corporates should prioritize people whilst blending innovation and creativity with structure and focus. Embracing the chaos in between is crucial. Easier said than done? Read what Daniel Alexus (Head at Ericsson ONE) shared during our recent Innov8rs Learning Lab on Culture, Talent & Teams how they created a unique program that encourages disruptive innovati

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Future Focus: Constructing Unshakeable Stability in Your Manufacturing Supply Chain

Speaker: Jay Black, Senior Account Executive

We’ve all heard the buzzwords to describe new supply chain trends: resiliency, sustainability, AI, machine learning. But what do these really mean today? Over the past few years, manufacturing has had to adapt to and overcome a wide variety of supply chain trends and disruptions to stay as stable as possible. Stability has become key in this post-COVID world, and will remain key moving forward.

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Improving Your Match Quality: How to Differentiate Yourself and Thrive

Phil McKinney

Have you ever found yourself in a job you thought you wanted, only to realize it wasn't the right fit for you? Or maybe you've been in a job for years but still don't feel entirely satisfied with your career? The concept of match quality might be the missing piece to your career puzzle. As I look back on my career, the importance of match quality on my career satisfaction and success cannot be understated.

How To 98
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7 Innovative and Inspiring Examples of Brand Repositioning

IdeaScale

It’s not ideal, but it’s a reality—some businesses hit a point of no return. Their core products are no longer relevant, the wave there are riding has crashed, or their demographic’s needs have shifted. While some businesses throw in the towel, others explore entirely new business models. The brands below slightly repositioned themselves, drastically expanded [.

Examples 264
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What Will Humans Do In An Artificially Intelligent World?

Digital Tonto

In his story The Library of Babel, Borges describes a library which contains books with all potential word combinations in all possible languages. Such a place would encompass all possible knowledge, but would also be completely useless, because the vast majority of books would be gibberish consisting of random strings of symbols. In essence, deriving meaning would be an exercise in curation, which machines could do if they perfectly understood our intentions.

Exercises 209
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When Blind Hiring Advances DEI — and When It Doesn’t

Harvard Business Review

As a decision-making strategy, “blind hiring” involves blocking evaluators from receiving potentially biasing information about a job candidate until after an evaluation of their application materials are complete. Most famously, the tactic was used to boost the hiring of women in orchestras by having people audition from behind a screen that concealed their gender.

Strategy 129
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Cracking the Code to Product Team Success: Data, Empathy, and Extraordinary Communication

Speaker: Donna Shaw - Senior Product Manager & Eric Frierson - Director of Innovation for Public and School Libraries

Product management goes beyond product development; it involves nurturing a cohesive team. Collaborating with cross-functional teams can be overwhelming, particularly when objectives diverge. Establishing effective communication channels with team members and stakeholders can be a daunting task. Nonetheless, by leveraging foresight and valuable insights, you can cultivate a thriving product management team that works together harmoniously to craft customer-centric products.

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Exploring, innovating and settling the new frontier of Space

IdeaSpies

Many of the inventors, researchers, entrepreneurs and government officials who are planning on exploring, innovating and s (Feed generated with FetchRSS )

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Jira and Acclaim Products: complementary product management tools

Sopheon

Managing a product is no easy feat — it involves juggling a wide range of tasks, from planning and tracking to executing and releasing. Jira and Acclaim Products are two complementary product management tools that product managers use to help them complete these tasks.

Tools 98
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Is global development anti-development?

Christensen Institute

On April 25 th , 2023, I had the opportunity to present some of our work on market-creating innovations in the halls of the United States Congress. I began my remarks by telling the following story I’d heard from a minister in an East African country. The minister explained that as the COVID-19 pandemic began, leaders in the country realized they didn’t have the capacity to make facemasks and other personal protective equipment (PPEs).

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Specific skills and toolkits are needed for cross-sector innovation ecosystem collaborations.

Paul Hobcraft

This month I am completing a series on cross-sector innovation ecosystem collaborations. This is the second post that I am sharing on both my dedicated ecosystem thinking site and also through my paul4innovating posting site , which has different audiences to discuss this with. For me, cross-sector collaborations are becoming essential to our future in tackling highly complex challenging issues that need collaborative resolution.

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ERM Program Fundamentals for Success in the Banking Industry

Speaker: William Hord, Senior VP of Risk & Professional Services

Enterprise Risk Management (ERM) is critical for industry growth in today’s fast-paced and ever-changing risk landscape. When building your ERM program foundation, you need to answer questions like: Do we have robust board and management support? Do we understand and articulate our bank’s risk appetite and how that impacts our business units? How are we measuring and rating our risk impact, likelihood, and controls to mitigate our risk?

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Be In The Room

CorporateIntel

Over the past weeks, several major companies have announced various return-to-office policies. That means a requirement to be in an office some number of days each week. Thus far I have resisted sending a similar memo because I think for the most part this is best left to the judgment of department leaders who understand their goals, More than that, I am counting on the good judgment of individuals to make sense of advancing their career horizons.

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What impact does sleep have on creativity?

Idea to Value

If you have ever felt challenged solving a problem, or struggled to come up with an idea, there is one piece of advice that many people would give: Sleep on it For hundreds of years, artists, scientists and entrepreneurs have told tales about how some of their best ideas came to them in their sleep, during their dreams. After all, dreams happen when we sleep.

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Crack The Code Audiobook

Qmarkets

Crack The Code is the eye-opening book about innovation mindsets and creativity from Kaiser Yang, co-founder of US-based innovation consultancy and Qmarkets partner Platypus Labs. Listen to this exclusive free audio version to discover eight game-changing tactics to dramatically improve your organization's capacity for innovation, and drive success for your program.

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There Is No Such Thing As A New Idea, And That's Ok.

Phil McKinney

As innovators, we push ourselves in the hunt for new innovative ideas that will change the world. We strive for that original idea and the praise that comes with it. Just like the innovators before us who came up with what many consider an original idea and were celebrated as pioneers and trailblazers. But what if I told you there is no such thing as a new idea?

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The B2B Sales Leader's Guide for Any Economic Environment

When economic headwinds pick up, sales leaders are the first to sound the alarm — and chart a new course. Longer sales cycles, larger buying committees, increased price pressure, and smaller teams can quickly combine to reduce your margin for error and increase the urgency to find a solution. To thrive in a challenging environment, sales teams need a rock-solid grasp of the fundamentals and the biggest force-multipliers they can get their hands on.

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Innovating in India Part 1 – The Unique Challenges

IdeaScale

A Personal Preamble I’m always amazed when I return to India at both how similar and how different it is from the US, where I now live. My family’s originally from India and I grew up there till I was 5, and then intermittently have lived and worked in India. So, in many ways, India [.

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We Need To Stop Worshiping Algorithms

Digital Tonto

Humans can be irrational and maddening. Decades of research have shown that, when given the exact same set of facts, even experts will make very different assessments. Some people will be more strict, others more lenient. Some of us are naturally optimistic, others are cynics. A family squabble in the morning can affect the choices we make all day. So it’s not unreasonable to want to improve quality and reduce variance in our decision making by taking a more algorithmic approach by offering clea

System 202
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Who Is Going to Regulate AI?

Harvard Business Review

As the world reckons with the impact of powerful new AI systems, governments are jostling to lead the regulatory charge — and shape how this technology will grow.

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5 Tough Questions Every IT Leader Must Answer in 2023

Entrepreneur - Innovation

IT leaders must be prepared to answer these five complex questions that address their organization's technological needs and challenges.

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Fail Well, Pivot Fast: Product Experimentation for Continuous Discovery

Speaker: William Haas Evans - Principal Consultant, Head of Product Strategy & Design Practice, Kuroshio Consulting

The purpose and value of experimentation (from a scientific and product perspective) is to produce new information. From a product discovery/product management perspective, the purpose of experimentation is to focus our efforts on invalidating our assumptions to reduce the risk of developing and going-to-market with the wrong product. It’s our way of intentionally managing through uncertainty — since, as Claude Shannon said, “the only resolution to uncertainty is information.