Thu.Aug 01, 2024

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One-way door decisions or Two-way door decisions

Idea to Value

How can you determine if part of your business should be innovated on or not? Many companies and leaders become afraid to make a decision because they are afraid it might not work out. Ironically, not making a decision if often the worst thing you can do, as it is guaranteed not to change or improve anything. At best, you stay at the status quo. At worst, competitors begin to overtake you.

Analysis 268
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The Case for College in the Era of Online Learning

Harvard Business Review

Does pursuing a college education still make sense in the age of online learning and AI — when we have access to information for free via the internet? The problem with this question is that it frames college as an information gatekeeper, misunderstanding much of its value. For many, higher education institutions offer more than that: a transformative journey where students can network and develop transferable soft skills that require teamwork and repetition.

Learning 145
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Satisfied Customers Could Ruin Your Business

Innovation Excellence

GUEST POST from Shep Hyken What if I told you that satisfied customers could ruin your business? Most people think satisfied customers are happy and will come back. At least, it appears that way.

Marketing 123
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How to Ask for Help Without Making Yourself Look Bad

Harvard Business Review

In a work world that values ownership and personal initiative, many assume that asking for direction or seeking clarification will make them look incapable, or worse, will prove to others — and themselves — that they have no idea what they’re doing. Asking for help without appearing weak requires a delicate balance of convening vulnerability and strength.

How To 144
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15 Modern Use Cases for Enterprise Business Intelligence

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?

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Company Innovation: Key Approaches and Real-Life Examples

Qmarkets

The companies that excel are those that continuously explore new ideas, enhance their processes, and adapt to changing environments. By innovating—whether through product development, operational improvements, or adopting new business models—organizations can not only meet current demands but also anticipate future challenges. This article delves into various types of company innovation, highlighting real-life examples of businesses that excel in these areas.

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Video Quick Take: Unisys’ Mike Thomson on Navigating Tech Trends and Cybersecurity in the Modern Workplace - SPONSOR CONTENT FROM UNISYS

Harvard Business Review

Sponsor content from Unisys.

Video 141

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Charting your unique ecosystem pathway to collaborative success.

Ecosystems4Innovating

Charting a pathway of collaboration to a successful Ecosystem It’s not just about where you fit in the ecosystem – it’s about how you can reshape it, and the unique journey you’ll undertake to get there, transforming your ecosystem presence from a set of business relationships into a vibrant, strategic asset that defines your place in the interconnected economy, making it resilient and highly adaptive.

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Mastering the Innovation Management Process: A Comprehensive Walkthrough

Qmarkets

Businesses must continually innovate to stay relevant and drive growth. However, innovation is not a haphazard endeavor; it requires a well-structured approach to harness creativity and translate it into tangible results. This structured approach, known as the innovation management process, is essential for turning novel ideas into successful products, services, or processes.

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Should Senior Managers Learn about AI from Younger Employees?

Michael Roberto

[link] Katherine C. Kellogg and her co-authors have written a fascinating new HBS Working Paper titled "Don’t Expect Juniors to Teach Senior Professionals to Use Generative AI: Emerging Technology Risks and Novice AI Risk Mitigation Tactics." They begin by noting that experienced managers often can learn a great deal from younger, less experienced employees.

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5 Approaches to Business Innovation: Unleashing Your Company’s Potential

Qmarkets

Imagine a world where every great idea within your organization effortlessly rises to the surface, poised to revolutionize your industry. This isn’t just a dream—it’s the potential unlocked through business innovation. For companies striving to outpace their competitors and adapt to rapid changes, embracing innovation isn’t a luxury; it’s a strategic imperative.

Trends 52
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Prepare Now: 2025s Must-Know Trends For Product And Data Leaders

Speaker: Jay Allardyce, Deepak Vittal, Terrence Sheflin, and Mahyar Ghasemali

As we look ahead to 2025, business intelligence and data analytics are set to play pivotal roles in shaping success. Organizations are already starting to face a host of transformative trends as the year comes to a close, including the integration of AI in data analytics, an increased emphasis on real-time data insights, and the growing importance of user experience in BI solutions.

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Developing and Implementing an Effective Innovation Strategy

Qmarkets

When markets shift and new technologies emerge, having a strategic blueprint becomes crucial for businesses aiming to thrive. Rather than reacting to change, a proactive strategy empowers companies to set the pace, ensuring they don’t just survive but lead the way in their industry. Key to setting the pace is a well-defined innovation strategy.