IdeaScale
JUNE 27, 2024
It’s not easy leading innovation. Especially these days. You need to do more with less. Take risks while guaranteeing results. Keep up with competition through incremental innovation and redefine the industry with radical and disruptive innovation. It’s maddening. Until you find the Goldilocks Zone of adjacent innovation.
Harvard Business Review
JUNE 27, 2024
In a well-functioning capital market, profits should be the sole criterion for firm survival; that is, firms reporting losses should disappear. Of late, however, loss-making firms are highly sought after by investors — often more than some profitable firms. Unicorns, or startups with valuations exceeding a billion dollars, are examples of such loss-making firms.
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Innovation Excellence
JUNE 27, 2024
A Customer Experience That Will Be Appreciated GUEST POST from Shep Hyken When reaching out for customer service and support, most customers still prefer to communicate with a company or brand via the traditional phone call. That said, more and more customers are attracted to and embracing a do-it-yourself customer service experience, known as self-service.
Harvard Business Review
JUNE 27, 2024
Even smaller and medium-size enterprises can become more sustainable by finding other companies that need their waste. Pursuing those opportunities — and becoming part of the circular economy — entails four steps: take stock of your materials flow, seek collaboration opportunities, leverage digital marketplaces, and treat going circular as a major change program.
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Large enterprises face unique challenges in optimizing their Business Intelligence (BI) output due to the sheer scale and complexity of their operations. Unlike smaller organizations, where basic BI features and simple dashboards might suffice, enterprises must manage vast amounts of data from diverse sources. What are the top modern BI use cases for enterprise businesses to help you get a leg up on the competition?
ITONICS
JUNE 27, 2024
Although innovation is a strategic priority, leadership satisfaction with innovation practices is at a record-low 3 percent ( BCG 2024 ). The low satisfaction comes at a time when most companies have well-structured innovation processes, employee and crowd engagement programs, or even specific budgets for AI, digital transformation, or venturing. All seems to be in place, yet is not when we look at our ITONICS Innovation Playbook and Innovation Operating Model.
Harvard Business Review
JUNE 27, 2024
Typically, organizations in the midst of transformation efforts spend significant time and resources trying to correct massive amounts of “technical debt” — the price of years of short-term decisions and prioritizations that result in an overly complex technological infrastructure. But equally challenging is managing organizations’ often undiscussed “process debt” — the build-up of often antiquated, functionally isolated, and customer-disconnected ways of doing work.
Qmarkets
JUNE 27, 2024
Watch this recording to learn how to stay focused in an everchanging world with the right organizational approach to innovation management. Julian Eberling from innovation management consultancy Lead Innovation will show you how to develop an effective scouting strategy and create the necessary processes and structures, before Qmarkets’ Carol Wright demonstrates how our Q-scout software can be seamlessly integrated to solve the most pressing pain points in practice.
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