May, 2018

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The Single Most Important Skill of Great Innovators

Innovation Excellence

No matter how smart or creative you are, this one skill is what sets all great innovators apart from the rest of the crowd. Innovation is often thought of strictly as an act of creativity. The more creative you are the more innovative you will be. Not so. We are all creative. Yes, some more.

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The Value of Innovation at a Time of Crisis

InnovationManagement

We often talk about the role of innovation in an age of constant, radical disruption, as defined by the 4th industrial revolution. Within this new environment, innovation leaders should play an essential role in helping the organization thrive and drive growth.

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5 Valuable Innovation Lessons Companies can Learn from Google

IdeaScale

Google didn’t put the world at a fingertip without innovation. Is there a company that more perfectly defines modern life than Google? What was once a tiny search engine company is now one of the vastest corporations on the planet, offering information about everything from how to get to a new city to the best places to eat when you get there to its history in one handy package.

Learning 133
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The 7 (+1) things you have to do to succeed as an Innovation Director

Exago

As companies fight to stay ahead of the innovation curve, the role of the Innovation Director is developing and growing in significance. Some have trained in the field with a high degree of specialisation, while others have fallen into the position from other areas and have moulded themselves to become the innovation leader of their company. Regardless, their goal is the same: to help propel and direct innovation within their organisation.

Training 236
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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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Why We Can't Innovate

Bill Fischer

In the face of disruptive innovation, most firms that we see recognize the threat fairly early, but fail to change the way that they go about innovating. They falsely believe that they "know" the customer, they champion the future, but invest in the present and they lack urgency.

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Why do we Underestimate the Power of Progress?

Destination Innovation

How well-informed are you about the state of the world? Please try this short quiz. How did you get on? Most well-educated people do badly in this little test. The average person gets only two or three questions right out of 13. This is because we generally hold a distorted view of the world – we see the world as much poorer and less developed than it really is.

Video 194

More Trending

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What goes around, comes around, in Innovation

Paul Hobcraft

It is funny but that often-used phrase “ what goes around, comes around ” seems appropriate here. I was catching up with my collaborate and sparring partner on “all things innovating”, Jeffrey Phillips and within our recent conversation, some of our discussions sort of triggered a reflection back to some fundamental work we undertook some years back.

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What Does a Chief Innovation Officer Do?

IdeaScale

We continue to see more and more Chief Innovation Officers at the enterprise level. In this survey from 2015, researchers report that 43% of large companies have some sort of top innovation executive in place, which was up from 33% in 2011. But what does a Chief Innovation Officer do? Well, here are a few of their responsibilities. A Chief Innovation Officer: Builds Purpose.

Ideation 150
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TRANSFORM calls on social enterprises to apply to the open call

Exago

To help scale bold ideas to tackle the world's big social, environmental and economic issues, the Unilever partnership with the UK’s Department for International Development (DFID) is now calling on social enterprises to apply to TRANSFORM. To invite ideas and promote collaboration to further catalyse impact, they have chosen Exago’s open innovation software.

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Innovation “Gurus” Love To Talk About These 4 Myths — None Of Them Are True

Digital Tonto

What worked for Steve Jobs or Elon Musk Might not work for you Related posts: 4 Myths About Innovation That “Gurus” Love To Tell. There Is No One True Path To Innovation. Innovation Is The Only True. [[ This is a content summary only. Visit my website for full links, other content, and more! ]].

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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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When the Idea is Ahead of the Technology

Destination Innovation

Sometimes the idea is tremendous but it fails because of the current state of technology or infrastructure. Consider the common remote control for your TV set. The Zenith Radio Corporation launched the first wireless remote control for TVs in 1955. The ‘Flashmatic’ shone a beam of light onto a photoelectric cell in the TV. Unfortunately, sunlight or other strong light could also activate the cell and cause the TV channel to change.

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Why innovators should focus on product deconstruction

Jeffrey Phillips

I've been thinking a lot lately about innovation and how we may have emphasized one component at the expense of another. Here I'm talking about something that should appear obvious - the focus of innovation in building new things. We are constantly reminded that innovation is about building new products and services and experiences. And this definition is entirely right and proper.

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Applying the Three Horizon Thinking to a Fresh Perspective of Innovation Design

Paul Hobcraft

There is huge value in applying the three horizon framework into your thinking. It is as useful a framework that you can get to help decide where you are heading. It is not just for innovation application, that can determine innovation activities. It has multiple values in any organization thinking and alignment. The 3H informs the decisions to be taken, by recognizing their importance to the future and ‘frame’ resource allocation, identify current capability gaps to resolve.

Design 138
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Corporate Challenges to Innovation – How Do You Keep It Going

IdeaScale

This article is part 6 of a 5 part series, originally started on the Ever Evolving website , where we are taking a deep dive into the 5 common challenges to innovation that an organization faces. And, I admit, that is some funky math. But considering this is a special article written in collaboration with our friends at IdeaScale and the fact that I’m an innovator and not a math whiz, I’m allowing it.

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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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Launching your own innovation programme has never been this easy

Exago

Do you feel that your innovation programme is becoming too complex? That you are spending too much time picking the right software to support your initiative, instead of focusing on what your company really needs? The post Launching your own innovation programme has never been this easy appeared first on Exago.

Software 120
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Best of the Bonn Forum: Lessons from the Innovation Community

HYPE Innovation

How can an event be inclusive and exclusive at the same time? By appealing to a variety of professionals who work in a very narrow niche, of course. For example, to the professionals heading (and sometimes herding) innovation management efforts in their organizations.

Course 100
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How Mental Models Drive Strategy, Often For The Worse

Digital Tonto

Our brains are wired to look to the past, not the future. Related posts: We Need To Switch Our Mental Models From Hierarchies To Networks. Why Digital Marketing Strategy is so Hard. [[ This is a content summary only. Visit my website for full links, other content, and more! ]].

Strategy 109
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The innovation skills you need

Jeffrey Phillips

When a noted doyen of the Fortune 500 like Coca Cola talks innovation, your ears should perk up. After all the consumer packaged goods conglomerate has been in business for a long time, and has been successful, but is facing a number of headwinds in its core business. Selling sugary drinks seems passe, as bottled water, energy drinks and other health conscious foods and beverages seem to be taking over the "share of mouth" or "share of stomach" that food and beverage companies like to talk about

Agile 125
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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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The Real Reasons Failure Is Important To Innovation

Innovation Excellence

We’ve all heard the mantras around failure. “Fail fast. Fail often.” “Love your failures.” “You can’t succeed without failure.” But why? Why is failure so important to innovation and success? Why are we constantly being told to embrace failure rather than run away from it? We are told often it’s because we learn the most.

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A Successful Product Improvement Workflow

IdeaScale

For the next three weeks, IdeaScale will introduce a proven IdeaScale workflow that is being used by our highest performing communities. Our hope is that these workflows become templates that you can use in your own communities. The first workflow that we’re going to examine is an innovation funnel that has successfully been used for product improvement ideas for product development collaboration : Ideation (Uses the Ideate Stage) : In this stage, idea authors offer product improvement ide

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Meet the Exago Innovation Guru prize-winners

Exago

The challenge was set, the votes counted and the champions announced. And now, Exago has delivered the prizes to the Innovation Guru Award winners of 2017. We were proud to present the trophies to Via Varejo, Ageas and CTT, the three clients who especially stood out for their solid focus and resilience to innovate over the past year. The post Meet the Exago Innovation Guru prize-winners appeared first on Exago.

Meeting 117
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Passing 100 Strategy Blogs: Innovation for sustainability is complex but has a global interest.

Norbert Bol

Today I am writing my 100th blog post on Strategy Blogs. In this blog I want to share some of my expierences about writing 100 blog posts on a non-commercial basis including a picture overwiew of my blogs. When I started to blog about strategy, innovation and sustainability, I had no experience in blogging. The main idea was to explore the possibilities of blogging about a topic that I find very intriguing, which is: “how to manage innovation for sustainability”?

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How Automation is Driving Efficiency Through the Last Mile of Reporting

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

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If You Don’t Explore, You Won’t Invent And You Will Be Disrupted

Digital Tonto

Today we need to manage not for stability, but for disruption, Not all who wander are lost. Related posts: This Is How Your Business Will Be Disrupted. Innovation “Gurus” Love To Talk About These 4. [[ This is a content summary only. Visit my website for full links, other content, and more! ]].

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Evolution and its impact on business models, slow and fast

Jeffrey Phillips

Darwin teaches us that evolution is a long, slow process, gradually leading to new adaptive species that emerge over time with specialized capabilities. Therefore, the change in species from generation to generation may be relatively small, but always purposeful and testing the best ways to win in a niche. Just as both the Chihuahua and the Newfoundland emerged from evolution (and a fair amount of selective breeding) from the wolf, modern businesses are slowly emerging and adapting new forms and

Trends 124
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UX Writing: The Case for User-Centric Language

Boxes and Arrows

If I asked you what is one of the biggest problems on websites today, I’m willing to bet you wouldn’t say it has anything to do with words. But what if I told you it does? Let’s talk about user-centric language. One research group describes the usability problems that result from something as simple as using the wrong words on websites: “Writers often use the language they are most familiar with when describing offerings on websites, without realizing that those terms are unknown to their reader

Data 81
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A Collaborative Product Development Stage Gate

IdeaScale

You might be surprised to learn that silica sand is used in a wide variety of industries: everything from the oil & gas vertical to products in sports & recreation. It’s amazing that sand can be used for arts and crafts or even water filtration. So a company that provides silica and sand based products actually has a wide range of innovation opportunities as they build out their product portfolio.

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Reimagined: Building Products with Generative AI

“Reimagined: Building Products with Generative AI” is an extensive guide for integrating generative AI into product strategy and careers featuring over 150 real-world examples, 30 case studies, and 20+ frameworks, and endorsed by over 20 leading AI and product executives, inventors, entrepreneurs, and researchers.

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Giving Shape to the Fuzzy Front End of Innovation

HYPE Innovation

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BMW Launches Public Innovation Challenge

Planview

Cars are no longer just forms of transportation. From the ability to have hands-free conversations through interior speakers to diagnostic displays that enable you to see the health of your vehicle to autonomous driving, they’re quickly becoming a technology platform where remarkable innovations are happening. While the exterior of a car usually gets all the attention, interiors are getting more sophisticated as they become tightly integrated with our everyday lives.

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It’s Not Just Facebook and Cambridge Analytica, The Internet Is Broken, But We Can Fix It

Digital Tonto

There's a massive security hole in cyberspace and we need to close it Related posts: The Internet, The Web and the Future of Media. In Defense of Facebook. Why Your Social Strategy Is Broken And How. [[ This is a content summary only. Visit my website for full links, other content, and more! ]].

Strategy 100
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World Music Hackathon: Reengineering Music

hackerearth

Music is the universal language of mankind—a great uniter. It’s astonishing how music can connect souls, overcome barriers, and bring people closer. It is something that people who differ on anything and everything can have in common. The World Music Hackathon is a festival of music, innovation, and creativity. We are pushing down the boundaries between “hacking” and “music” to bring the music and tech world together.

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How Embedded Analytics Gets You to Market Faster with a SAAS Offering

Start-ups & SMBs launching products quickly must bundle dashboards, reports, & self-service analytics into apps. Customers expect rapid value from your product (time-to-value), data security, and access to advanced capabilities. Traditional Business Intelligence (BI) tools can provide valuable data analysis capabilities, but they have a barrier to entry that can stop small and midsize businesses from capitalizing on them.