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Eleven Reasons for the UK’s Poor Productivity

Destination Innovation

This is the key reason why wages, growth and competitive performance are all held back. Resistance to change. Managers and staff are often risk averse and reluctant to change. Only 37 per cent of UK workers surveyed felt they were encouraged to be innovative and fewer than half felt valued at work, according to HR magazine.

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11 female innovation leaders share their definition of innovation

Idea to Value

What simple thing can a company do to change their conversation / perspective about innovation? But it can also be a new process, a new combination, a new workflow – really across the board changing the existing order of things, but in such a way that new value is created. I asked them all: What is your definition of “innovation”?

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How this 1976 French wine tasting disrupted an entire industry

Idea to Value

How sure are you that your products are better than the competition? This would likely not have been a problem, except that a single reporter from TIME magazine was invited and attended, publishing the surprising results in the June 1976 edition of TIME under the now infamous article Judgement of Paris.

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FinTech and Machine Learning

IdeaScale

These programs can grow and change on their own once they know how to learn and some financial companies are beginning to use machine learning for a variety of different reasons. When people talk about machine learning they are a referring to a type of artificial intelligence that has the ability to learn without explicit programming.

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Curiosity: The Key to Creativity and Innovation

Idea to Value

Albert Einstein generally did not like school, but this all changed when he was 16 at Aarau High School, Switzerland where teachers nurtured his curiosity and encouraged him to ask a lot of questions and even express criticisms. Putting collaboration before competition, and autonomous motivation before rewards. Different times (e.g.,

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How to use the 70-20-10 Rule to drive innovation within your business

Leapfrogging

The basic premise of the 70-20-10 Rule is that if the organizational stakeholders consistently makes small improvements to their existing line or enters into new markets, they will sustain the organization without ever evolving it to remain competitive with changing times. Magazine , a globally recognized? Leapfrogging ?and?

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3 innovation types: evolution, preventative and creative

Jeffrey Phillips

So, while we can speed up the existing processes and use innovation to identify gaps or inefficiencies, or use innovation to make some changes to the periphery of the product or service, there's not a lot of innovation that can be delivered and impact the bottom line in 90 days or less.