April, 2024

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Ignite Innovation with These 3 Key Ingredients

Innovation Excellence

GUEST POST from Howard Tiersky The team at FROM has worked with dozens and dozens of companies to create innovative new products, processes, and channels to connect with customers. It’s very rewarding work for many reasons, one of which is the incredible people we get to work with at our clients.

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Visualization for Innovation and Zen

IdeaScale

A recent IdeaScale Blog article by Nick Jain—“Unlock Your Inner Genius: 10 Creative Problem-Solving Techniques You Need to Try Today” (March 24, 2024)—cites “Visualization” as one such method. Jain states: Visualization: Visualization involves mentally imagining potential solutions to a problem.

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Overcoming the Innovation Paradox: Three key reasons why Large Organisations Struggle to Stay Ahead

Cris Beswick

In the modern business world, where disruption is the norm and change is relentless, the ability to continuously drive innovation-led growth has become the ultimate competitive advantage. Yet, for many large, established organisations, the pursuit of building innovation capability and embedding it into organisational culture remains an elusive and often frustrating endeavour.

Agile 59
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Returning to the Hierarchy of Business Ecosystems

Paul Hobcraft

Building out the Hierarchy of Business Ecosystems In January of this year, I introduced the thinking behind “the Hierarchy of Business Ecosystem needs.” This framework was outlined initially in a series of seven posts on my dedicated ecosystem posting site. On this posting site, I provided numerous supporting posts in “given” areas of Business Ecosystems that covered some areas I felt were important explainers.

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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, CTO of Betterworks, will explore a practical framework to transform Generative AI prototypes into

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Navigating Supply Chain Innovation: Strategies for Success

HYPE Innovation

In today's rapidly evolving business environment, where 84.6% of businesses report increased operational costs due to supply chain disruptions , supply chain innovation has become critical for companies seeking to remain competitive and sustainable. These disruptions, driven by factors such as geopolitical tensions, global conflicts, and evolving market dynamics, highlight the urgent need for adaptive and resilient supply chain strategies.

Strategy 130
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An innovation culture or a culture of continuity

Jeffrey Phillips

I've been reading and thinking a lot lately about what is described as a "culture of innovation". While I would like to think that such an animal exists, the more skeptical side of me doubts it. I think a culture of innovation is kind of like a unicorn: it would be cool if it existed, and some people claim to have seen one, but when you get up close it's just a normal animal that happens to be missing a horn.

Culture 252

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What is the Decision-Making Process? Definition, Steps, Examples, and Ethical Process

IdeaScale

What is the Decision-Making Process? The decision-making process is defined as a systematic approach to making choices or selecting a course of action among several alternatives. It involves several steps, which can vary depending on the context, complexity, and significance of the decision.

Examples 246
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Part of Leadership is to Create a Crisis

Destination Innovation

Paul O’Neill was appointed CEO of aluminium giant Alcoa in 1987. He is particularly remembered for his decision to focus on one key priority, safety. His first speech as CEO was to a group of investors and analysts. He started by saying, “I want to talk to you about worker safety.” He continued, “I intend to make Alcoa the safest company in America.

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Unlocking Success: Helping Executives Change Mindsets for Strategic Thinking

Leapfrogging

Understanding Strategic Thinking for Executives Strategic thinking is a critical component of successful leadership, particularly for senior executives who chart the course of their organizations. It involves the ability to anticipate market trends, identify opportunities for growth, and create long-term plans that align with the company’s goals.

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The great miscalculation–and exit–of multinationals in Africa… again

Christensen Institute

Deja vu. In 2015, many multinational companies exited Africa. Nestle cut staff across 21 countries and Barclays, Coca-Cola, Cadbury, Eveready, and SABMiller retreated from different African markets they once believed had promise. The allure of Africa, particularly the widely referenced Africa rising narrative, was fading. The reasons the multinationals cited were all too familiar: failing or inexistent infrastructure, smaller than expected consumer market, struggling institutions, and corruption

Report 145
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Leading the Development of Profitable and Sustainable Products

Speaker: Jason Tanner

While growth of software-enabled solutions generates momentum, growth alone is not enough to ensure sustainability. The probability of success dramatically improves with early planning for profitability. A sustainable business model contains a system of interrelated choices made not once but over time. Join this webinar for an iterative approach to ensuring solution, economic and relationship sustainability.

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6 Common Leadership Styles — and How to Decide Which to Use When

Harvard Business Review

Research suggests that the most effective leaders adapt their style to different circumstances — be it a change in setting, a shift in organizational dynamics, or a turn in the business cycle. But what if you feel like you’re not equipped to take on a new and different leadership style — let alone more than one? In this article, the author outlines the six leadership styles Daniel Goleman first introduced in his 2000 HBR article, “Leadership That Gets Results,” and explains when to use each one.

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Why The Right Way Is Usually The Hard Way

Digital Tonto

One of the things that I’ve learned in over two decades researching innovation, transformation and change is that things that change the world always arrive out of context, for the simple reason that the world hasn’t changed yet. Ideas start out feeble, weak and alone. They need ecosystems to make an impact on the world. Einstein's ideas about relativity started out as a boyhood dream about riding on a bolt of light.

Change 170
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What is a Cause and Effect Diagram? Definition, Examples, Benefits, and Analysis

IdeaScale

What is a Cause and Effect Diagram? A Cause and Effect Diagram, also known as a Fishbone Diagram or Ishikawa Diagram, is defined as a visual tool used to identify and organize potential causes of a specific problem or effect.

Analysis 182
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Is Customer Obsession a Two-Way Street At Your Company?

Innovation Excellence

GUEST POST from Shep Hyken One of my favorite ways to measure a customer’s satisfaction level with a company or brand is by using the Net Promoter Score (NPS) question, which is, “On a scale of zero to 10, how likely are you to recommend this company to a friend or colleague?

Company 105
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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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Unlocking Success: Helping Executives Change Mindsets for Strategic Thinking

Leapfrogging

Understanding Strategic Thinking for Executives Strategic thinking is a critical component of successful leadership, particularly for senior executives who chart the course of their organizations. It involves the ability to anticipate market trends, identify opportunities for growth, and create long-term plans that align with the company’s goals.

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Yes: Underpaid, under-the-table work is an innovation problem

Christensen Institute

During a recent trip to a low-income country, I met a young man whose story may be similar to one many of us have previously heard. Orphaned at a young age, he didn’t finish school and started working as a child. Unfortunately, as he got older, work opportunities in his small hometown ran out, so he had to move to a larger city in search of work. Despite the circumstances he was excited to reach the city, but upon moving, he found that employers wouldn’t hire him without a school diploma.

Policies 122
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4 Reasons Why Managers Fail

Harvard Business Review

Gartner research has found that managers today are accountable for 51% more responsibilities than they can effectively manage — and they’re starting to buckle under the pressure: 54% are suffering from work-induced stress and fatigue, and 44% are struggling to provide personalized support to their direct reports. Ultimately, one in five managers said they would prefer not being people managers given a choice.

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Here’s Why “Creating Awareness” Is Usually A Waste Of Time

Digital Tonto

In one of my favorite essays the physicist Richard Feynman wrote, “The first principle is that you must not fool yourself—and you are the easiest person to fool. So you have to be very careful about that.” I can think of no greater example of this simple axiom than the practice of change management, especially with regard to communication. There is an enormous track record of failure—study after study finds that the vast majority do not succeed.

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Turn Payments Into Personalization: Unlock the Value of Transaction Data

Speaker: David Nisbet, 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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AI on the Farm: How Artificial Intelligence is Revolutionizing the Food Industry

IdeaScale

From farm to fork, artificial intelligence (AI) is poised to revolutionize the food industry. This powerful technology has the potential to transform every step of the food supply chain, from ensuring food safety and optimizing production to personalizing our food choices. One of the most pressing concerns for consumers is food safety.

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Predicting Unintended Consequences

Innovation Excellence

The 93% Rule GUEST POST from Robyn Bolton Unintended consequences often catch us off guard despite their predictability. The moment they occur, we gasp in shock, shake our heads, and look at each other in wide-eyed horror at this thing that just happened that we could never ever ever have anticipated.

Change 104
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Empower Your Team: Keynote Speakers for Inspiring Team Innovation

Leapfrogging

The Power of Team Innovation Keynote Speakers Keynote speakers hold a pivotal role in setting the tone and driving the theme of corporate events, conferences, and leadership programs. Their impact can often extend beyond the event, influencing long-term team dynamics and innovation. Importance of Keynote Speakers in Team Innovation Harnessing the collective creative power of a team is essential for innovation and growth within any organization.

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Selective universities won’t be disrupted

Christensen Institute

Just over a decade ago, Clayton Christensen and I predicted that serious challenges were coming to higher education. Thanks to a confluence of factors—unsustainable business models and cost structures; demographics; and new, low-cost college options or alternatives powered in part by online learning—roughly 25% of colleges would close or merge in the couple of decades ahead.

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The Key to Sustainable Energy Optimization: A Data-Driven Approach for Manufacturing

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

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Why Engineers Should Study Philosophy

Harvard Business Review

The ability to develop crisp mental models around the problems you want to solve and understanding the why before you start working on the how is an increasingly critical skill, especially in the age of AI. Coding is one of the things AI does best and its capabilities are quickly improving. However, there’s a catch: Code created by an AI can be syntactically and semantically correct but not functionally correct.

Study 129
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Change Always Involves Strategic Conflict. Here’s How You Build Strategies To Win:

Digital Tonto

The biggest misconception about change is that once people understand it, they will embrace it. That’s almost never true. If you intend to influence an entire organization, you have to assume the deck is stacked against you. You not only need to build support for an alternative vision of the future, you have to undermine the forces supporting the status quo.

Strategy 155
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Learning Beyond Reality: How VR and AR Are Transforming Higher Education

IdeaScale

The landscape of higher education is undergoing a revolution fueled by the rise of virtual reality (VR) and augmented reality (AR). These immersive technologies, collectively known as the metaverse, are fundamentally changing the way students learn and professors teach.

Learning 130
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How I Use AI to Understand Humans

Innovation Excellence

(and Cut Research Time by 80%) GUEST POST from Robyn Bolton AI is NOT a substitute for person-to-person discovery conversations or Jobs to be Done interviews. But it is a freakin’ fantastic place to start…if you do the work before you start.

ChatGPT 100
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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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Brainstorming is dead – here’s how to generate your best ideas

Sopheon

Have you ever been in a magical brainstorming session? Me neither. Depending on who’s invited, a typical brainstorming session may consist of throat-clearing, eye-rolling, and apathy. And there’s very little magic involved unless someone brought Homer Simpson-like donuts with sprinkles. There’s nothing magical about watching the person with the loudest voice dominate the conversation.

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Emergent Leadership

Rmukesh Gupta

Leaders must adopt emergent leadership in a rapidly changing world with new workforce expectations, technological advancements, and increasing competition. Becoming intentional, aware, and capable of sense-making is key, alongside viewing actions as experiments and monitoring for unintended consequences, thus necessitating continuous dynamic adaptation and a cultural shift away from rigid planning towards empowerment and engagement.

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A Growth Strategy that Creates and Protects Value

Harvard Business Review

For organizations to truly innovate and grow, leaders in every role and at every organizational level must be attuned to how they are creating new value while simultaneously protecting existing value. Just as a soccer coach must simultaneously pursue both scoring and defending, leaders must constantly focus their attention on opportunities to create value — through innovation, risk-taking, and experimentation — and to protect value — by preserving and defending key aspects of their responsibilit

Strategy 132
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Enhancing child and family well-being using Family Resource Centers

Christensen Institute

In our latest report, “ From child welfare to well-being: A blueprint for CBOs and government agencies ,” we unveil the business models that enable prevention-oriented CBOs and prevention-enabling government agencies to enhance child and family well-being. The report highlights innovators in the field, including deep dive case studies that highlight what separates new approaches from traditional models.

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How To Get Promoted In Product Management

Speaker: John Mansour

If you're looking to advance your career in product management, there are more options than just climbing the management ladder. Join our upcoming webinar to learn about highly rewarding career paths that don't involve management responsibilities. We'll cover both career tracks and provide tips on how to position yourself for success in the one that's right for you.