Idea to Value
MAY 26, 2016
Look at the picture above. Focus completely on the dot in the middle, stay still and don’t blink. Within about 5-10 seconds, you might notice that all of the colours disappear. And while it might seem just like an interesting trick, it actually tells us a lot about how your brain works, and why it can be so hard to think of new, truly creative ideas.
Exago
MAY 18, 2016
Just a little over two decades ago, engaging external stakeholders was a rare thing. Now, open innovation is trendy. Why is this? For a start, change has become the rule. The post The rise of open innovation appeared first on www.exago.com.
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Paul Hobcraft
MAY 24, 2016
A Question: If you could ask those that lead innovation, your senior organizational leadership, a series of questions that might help unlock innovation blockages, now would that be valuable? Getting to a root cause of innovation blockage. So what does block innovation? Arguably there are plenty of things up and down organizations: a lack of resources, an overcrowded portfolio of ideas, a lack of dedicated people, treating innovation as one-off, keeping it isolated and apart from mainstream activ
HYPE Innovation
MAY 25, 2016
Are innovator’s born differently? Do they have a special something which eludes the rest of us? Or, can innovative traits be studied, understood, and learned? In a study of 72 ‘known innovators’, and 310 executives, it transpired that the innovators consistently demonstrated 5 key skills more than the regular executives. Surprisingly, four of the skills are physical ones, and only one is cognitive.
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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?
Jeffrey Phillips
MAY 16, 2016
I've been puzzling this over the last few weeks, trying to wrap my head around the importance of innovation generally and the lack of real innovation delivery specifically. What I mean is that everyone knows that innovation is vital to growth and future success, but very few new innovations are created. The vast majority of innovation effort and outcome is expended on me-too, so what incremental innovations that don't really change the user or the market.
Braden Kelley
MAY 17, 2016
April Fool’s Day was this week. Did anyone have a good prank played on them or come across a good corporate April Fool’s? My favorite this year was from my alma mater, the University of Oregon. Go Ducks!
Business Innovation Brief brings together the best content for business innovation and strategy professionals from the widest variety of industry thought leaders.
Exago
MAY 25, 2016
While the idea goes back to the 60s, Henry Chesbrough, faculty director of the University of California’s Center for Open Innovation, coined the expression ‘open innovation’ in 2003. He defined it as ‘a paradigm that assumes that firms can and should use external ideas, as well as internal ideas, and internal and external paths to market, as firms look to advance their technology’.
Paul Hobcraft
MAY 24, 2016
A Question: If you could ask those that lead innovation, your senior organizational leadership, a series of question that might help unlock innovation blockages, now would that be valuable? Getting to a root cause of innovation blockage. So what does block innovation? Arguably there are plenty of things up and down organizations: a lack of resources, an overcrowded portfolio of ideas, a lack of dedicated people, treating innovation as one-off, keeping it isolated and apart from mainstream activi
Destination Innovation
MAY 22, 2016
There is much talk in the innovation community about the need to produce a minimum viable product (MVP) and bring it quickly to market. But what exactly constitutes a MVP and what is its purpose? In his seminal book, The Lean Startup , Eric Ries defines the MVP as a version of the entrepreneur’s product which enables a full turn of the Build-Measure-Learn cycle with minimum effort and the least amount of development time.
Jeffrey Phillips
MAY 20, 2016
One of my recent pet peeves is the proliferation of education options for innovation. One of my alma maters offers a "certificate" for innovation management. While I cannot comment on the course, it is taught by two professors with little private sector experience who haven't created a product. One of them is a psychology major, which I guess makes sense because innovation is often the product of new or unusual insights or perspectives.
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.
HYPE Innovation
MAY 29, 2016
Business digital transformation, it can get your pulse racing as you look for the nearest exit. It is being asked of everybody to get involved but have we a sufficient understanding of it? Add in the magic ‘need’ so innovation can benefit from this business digital transformation and we begin to shift around in our chairs even more. What would it mean if we ‘went’ digital and transformed ourselves for innovation with in our organization?
Idea to Value
MAY 20, 2016
Silicon Valley is home to some of the biggest and most innovative companies in the world. But what most people know is that over the past 10 years, many of them have fundamentally changed their strategy, allowing anyone and everyone to access their most advanced technology, often for free. When I was growing up, the largest technology companies in the world dominated their industries with a simple premise: stay in control of the customer, and keep your technology secret.
Exago
MAY 12, 2016
Apple, Lego, Philips, Samsung, IBM, GSK and, most recently, Tata Steel, among many others – all have adopted open innovation initiatives to expand their organisations’ horizons. You’ll likely need to do this, too, since competitive advantages enjoy shorter lives. As. Read More. The post Open innovation and the fight for your audience appeared first on www.exago.com.
Paul Hobcraft
MAY 18, 2016
We need to open up our thinking about risk and innovation management. We should aim for a really healthy construct that does help all involved or associated with innovation and managing risk, that gives a better chance of pushing beyond the incremental innovation that avoids most risk and disappoints those seeking real growth. In this post two, within a three part series, I build the argument on why we need to treat innovation differently within any risk assessment.
Speaker: Kevin Kai Wong, President of Emergent Energy Solutions
In today's industrial landscape, the pursuit of sustainable energy optimization and decarbonization has become paramount. ♻️ Manufacturing corporations across the U.S. are facing the urgent need to align with decarbonization goals while enhancing efficiency and productivity. Unfortunately, the lack of comprehensive energy data poses a significant challenge for manufacturing managers striving to meet their targets. 📊 Join us for a practical webinar hosted by Kevin Kai Wong of Emergent Ene
Destination Innovation
MAY 17, 2016
As a boy brought up in Florida, Jeff Bezos developed a keen interest in computers. He graduated from Princeton in 1986 with a degree in computer science and electrical engineering. He then worked for an investment firm in New York before quitting his well-paid position in 1994 to start Amazon, just as internet commerce was beginning to take off. He started the company in his garage where he wrote the software systems for online commerce.
Jeffrey Phillips
MAY 31, 2016
As a marketer who was first an engineer, I am often guilty of larding up my marketing content with facts about features. As we used to say at Texas Instruments, I can quote "feeds and speeds" all day long. We can talk about faster processors or larger memories, more sophisticated storage devices and the ability to stream video at close to the speed of light.
HYPE Innovation
MAY 16, 2016
Continuing the “Best Of The Bonn Forum” series, this next post is all about some of the handy (and often surprising) resources our presenters used to refine and redefine their innovation processes, principles and culture. From “children’s” stories to established toolkits and cutting-edge software & algorithms, getting innovation started is as much a science as it is an art.
Idea to Value
MAY 20, 2016
Sometimes, the biggest innovation breakthroughs come from unexpected places. Today I want to show you a recent example, where a group on Facebook found a solution to a problem which the food industry has spent billions trying to solve. It’s called aquafaba. In the world of innovation, such breakthroughs by people outside of the industry are known as outsider thinking, from people who bring a different perspective to approaching the challenge.
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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
Tim Kastelle
MAY 8, 2016
As reiterated by Tim Kastelle in the previous post , it’s imperative to distinguish discovery from execution when it comes to startup and innovation activities – bearing in mind that both are equally important. This suggests following a dual approach for balanced corporate innovation management. The main objective of dual approaches is to sufficiently separate exploration-/discovery-oriented initiatives from exploitation-/execution-oriented ones (e.g. in terms of used tools and metri
Paul Hobcraft
MAY 18, 2016
We need to open up our thinking about risk and innovation management. We should aim for a really healthy construct that does help all involved or associated with innovation and managing risk that better chance of pushing beyond the incremental innovation that avoids most risk and disappoints those seeking real growth. In this post two, within a three part series, I build the argument on why we need to treat innovation differently within any risk assessment.
Exago
MAY 5, 2016
Be it through team idea contests or widespread programmes, we are enthusiasts of innovation’s number one rule: Give your teams a voice. The post Decisions, decisions… appeared first on www.exago.com.
Matthew May
MAY 4, 2016
Recently I accepted an invitation from Inc. magazine to be a columnist for their Innovate channel. The column will be called (appropriately, given my new book) BRAIN GAME. It will focus on the nexus of neuropsychology and business, applying the latest insights from neuroscience and psychology to business. Inc. has a massive audience, and it’s the kind of mass appeal platform I’ve been wanting for some time.
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
HYPE Innovation
MAY 12, 2016
Accidents will happen – and as far as innovation is concerned, that’s a good thing. Whilst much of our attention is on the focused efforts to bring new ideas to market or to effect process changes in systematic, planned and strategically targeted fashion, there are some times when Fate takes a hand. What might appear to be a failed experiment or a strange but ultimately useless outcome can sometimes turn out to be the basis of a game-changing innovation.
Idea to Value
MAY 24, 2016
Robert’s Rules of Innovation: A 10-Step Program for Corporate Survival set forth a fundamental framework of 10 Key Imperatives. These Imperatives were intended to help everyone from novices to experts use a structured, repeatable innovation process to Create and Sustain Innovation in order to Innovate and Thrive in this hyper-competitive marketplace.
Tim Kastelle
MAY 5, 2016
“In the end, these projects are all business model problems.” That’s what I said to my friend Steve Adelman about the projects we collaborate on as part of the Wharton-UQ Global Consulting Practicum program. “Why aren’t they market entry problems?” he replied. I was stumped by his question for a couple of days.
Paul Hobcraft
MAY 18, 2016
I believe we need a new way to manage risk within our innovation activities. It needs to be treated differently from the general ‘risk management’ criteria applied within our business organizations. In a three-part series, part one outlined the implicit need to align innovation to the corporate strategy and through this we can determine ‘acceptable risk’ In part two I offered up numerous reasons why we should recognize and treat innovation risk differently, so as to allow
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Digital Tonto
MAY 22, 2016
It is all too easy to get caught up in old paradigms. What we often miss is that paradigms shift and the challenges—and opportunities—of the future are likely to be vastly different. In an age of. [[ This is a content summary only. Visit my website for full links, other content, and more! ]].
BrainZooming
MAY 19, 2016
I’ve lost count of how many times I have heard business people say and then try to explain why their particular companies are unique. By this, they typically mean there is no possibility any other company faces the same types of challenges and operational issues they deal with daily. While that might be a comforting perspective if you’re fond of business isolationism, it’s rarely true once you start to explore the business strategically.
HYPE Innovation
MAY 9, 2016
As you’ve probably seen & heard by now, John Bessant’s talk on learning the new innovation game wasn’t the only intellectual delight (+ conversation starter) at this year’s Innovation Managers Forum in Bonn. Robert (Bob) Neuhard, Executive Director for Operational Strategic Initiatives at the University of California, San Diego (UCSD), delivered an equally rich & entertaining presentation on “new school” crowdsourcing or “Leveraging Collective Genius to Deliver Innovations that Advance S
Idea to Value
MAY 18, 2016
Using nothing more than marbles, magnets and some wooden blocks, this guy has created a wonderfully creative machine. This creation is the brainchild of Youtuber Kaplamino , whose channel has all sorts of other creations for your viewing pleasure. It also has more than a striking resemblance to a computer game I used to play, called The Incredible Machine.
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