Thu.Dec 05, 2024

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Innovation cannot succeed without dedicated time for team members

Idea to Value

As the leader of a cross-functional innovation team within a large pharmaceutical company accelerator, I’ve noticed a recurring challenge: team members struggle to balance their innovation tasks with the demands of their regular roles. Our team brings together individuals from multiple departments, each contributing a portion of their time—typically 20% to 50%—to the innovation project.

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Designing a Responsible AI Program? Start with this Checklist

Harvard Business Review

When implementing responsible computing initiatives, companies run into a common problem: They rush to deploy their respective programs before they’ve finished designing them. The results are predictable: inefficient and difficult-to-scale efforts at managing AI’s ethical, reputational, and legal risks; wasted resources; and slowed innovation. To assess how ready their company is to implement an RAI program, leaders should ask eight questions: 1) Have you determined what its objectives are?

Design 138
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Innovation Debt: The Comfort Zone Trap

Phil McKinney

Remember that child-like curiosity that makes kids ask "why" about everything around them? That pure, questioning spirit seems to vanish in most organizations today. In its place grows something far more dangerous: innovation debt. This debt runs deeper than balance sheets and efficiency metrics - it fundamentally reshapes how companies think and dream.

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Research: When Prototypes Don’t Yield Useful Insights

Harvard Business Review

A study of digital healthcare startups found that successful firms avoided prototypes early.

Study 135
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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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From Concept to Reality: Mastering the Innovation Lifecycle with Ezassi

eZassi

Bringing a groundbreaking idea to life is an exhilarating journey, but it’s also one that requires strategic execution. Whether you’re a startup founder, R&D leader, or innovation manager, the transition from concept to market-ready solution involves navigating a series of interconnected stages. At Ezassi, we specialize in helping organizations streamline the idea-to-implementation process with our suite of Innovation Management Products and Services.

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Successful Private Equity Firms Manage Talent Differently

Harvard Business Review

Private equity firms are increasingly recognizing the importance of talent management in driving value creation. The article outlines seven key behaviors that advanced firms are adopting, including integrating human capital into deal planning, improving talent assessments, and fostering leadership development. These practices mark a shift from traditional approaches, emphasizing the strategic role of talent at all organizational levels.