Wed.Aug 23, 2023

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Investing in Your Company’s Physical Risk Resilience

Harvard Business Review

Extreme weather events, infrastructure and technology failures, and transportation accidents are on the rise globally. These physical threats often have cascading effects that reach all areas of a business. Organizational resilience, or the ability to anticipate, absorb, and recover from hazardous events, is now table stakes. When the C-suite prioritizes resilience, they set the business up for recovery in the face of these physical threats, saving time, resources, and revenue and making the org

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3 Ways You Can Actually Use AI in Your Business (and Why You Should Still Be Careful With It)

Entrepreneur - Innovation

Get inspired with ideas on how to look at and implement greater generative AI into your strategy to stay competitive across product development, customer success, marketing, employee experience and investor efforts — but also where to also draw the line to avoid AI-driven issues some overly adoptive companies are facing.

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Research: When Leaders Disclose a Chronic Illness at Work

Harvard Business Review

Living with a chronic illness (e.g., diabetes, cancer, depression etc.) is a growing reality many leaders face. But disclosing your illness when you’re in a position of leadership can feel fraught. In this article, the authors outline the findings of their research on chronic illness disclosure and offer a series of questions to ask yourself if you’re discerning whether to disclose or not.

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Days of Empathy

CorporateIntel

Recently I was reviewing a difficult business situation with one of our company’s top problem-solvers. The challenge he agreed to tackle was similar to another he had turned around, and I asked him if his approach was likely to follow the same course. He is a thoughtful fellow with strong character and an abundance of pragmatism in his toolbox.

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Navigating the Future: Generative AI, Application Analytics, and Data

Generative AI is upending the way product developers & end-users alike are interacting with data. Despite the potential of AI, many are left with questions about the future of product development: How will AI impact my business and contribute to its success? What can product managers and developers expect in the future with the widespread adoption of AI?

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Innovation Management ISO 56000 Series Explained

Innovation Excellence

What is the ISO 56000 for innovation and who's it for? Discover what it means to be ISO 56000 compliant and whether it can transform the way you innovate.

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How Eastern Bank Shifted Its Strategy to Compete with Online Lenders

Harvard Business Review

How one 200-year-old regional bank in the U.S. used intrapreneurship to compete with online lenders.

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What It Takes to Lead Across Generations

Harvard Business Review

Empathy can help you build common ground and tackle generational tensions on your team.

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CONTROLLED DISRUPTION [CASE STUDY]

Flying Fish Lab

How to Stick or Twist? What do you do when things don’t go according to plan? You’re confronted with two options: “stick” to the original plan and keep trying, or “twist” your way forward so that you’ll reach your objective, even if you take a different road. A few years ago, we were faced with exactly such a situation, for a Vaseline project. Vaseline had a particular product range, for which they needed to revamp their Innovation pipeline and they (in their words) very much felt like they had

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Key Performance Indicators (KPIs) in Innovation Management | ITONICS

ITONICS

The imperative for innovation is clear: As the technological landscape rapidly evolves, with AI and other emerging technologies taking center stage, businesses must consistently track and fine-tune their innovation initiatives to maintain a competitive edge. The tug-of-war between immediate financial returns and long-term innovation investments, however, can often lead to the latter being sidelined.

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Your Guide to Incremental Innovation: Examples and Lessons from Global Brands

Qmarkets

What do you think about when you hear the word innovation ? For many people, it evokes brands that created something so new that it changed the way we interact with certain products or services forever: Uber. Netflix. Tesla. Disruptive innovations like these have a legendary status that is richly deserved, but it is actually incremental innovations that are more likely to provide sustainable fuel to drive ROI for your innovation programs year in, year out.

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Turn Payments Into Personalization: Unlock the Value of Transaction Data

Speaker: Loreal Lynch, Everett Zufelt, and Michaela Weber

Once upon a time, in the vast realm of online commerce, there lived a humble checkout button overlooked by many. Yet, within its humble click lay the power to transform a mere visitor into a loyal customer. 🧐 💡 Getting checkout right can mark the difference between a successful sale and an abandoned cart, yet many businesses fail to make payments a part of their commerce strategy even when it has a direct impact on revenue.

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Tip 2: Avoid Becoming a One-Hit Wonder

Stephen Shapiro

Summary of Tip 2 (of 40) from Best Practices Are Stupid. How Can You Avoid Becoming a One-Hit Wonder? Lipps Inc, The Sugar Hill Gang, and Haddaway, known for hits like Funky Town and What is Love, exemplify “one-hit wonders.” This phenomenon parallels businesses that shine momentarily but later fade. To prevent becoming a corporate one-hit wonder, make innovation predictable and sustainable, treating it similarly to other organizational capabilities, like finance.

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