August, 2020

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Why Consensus Kills Innovation

Digital Tonto

Big ideas are never easy. Almost by definition, they are unlikely, fraught with risk and often counterintuitive. They need champions to inspire and empower beliefs around them. That’s why leadership. [[ This is a content summary only. Visit my website for full links, other content, and more! ]].

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Why Innovation Requires a Different Set of Metrics

IdeaScale

Today’s business climate is uncertain. Disruption, exponential growth, and the technology landscape contribute to the need for constant innovation. Company leaders can no longer formulate a business model and rely on the five-year plan. Instead, organizations need change to thrive and grow. Factor innovation into the equation when figuring out how much value and benefits investments have … Continued.

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3 of the Best Uses for AI in Our New Normal

Entrepreneur - Innovation

Advances in artificial intelligence continue to provide entrepreneurs with exciting ways to improve their companies.

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We need to shift from scalable efficiency to scalable learning.

Paul Hobcraft

We need to shift from scalable efficiency to scalable learning but how can we liberate creative energy, how can we achieve higher engagement? The best way is to encourage everyone to have the ongoing experience, to get really involved and caught up in projects and initiatives that have the potential for impact. Learning from failures needs to be part of this.

Learning 363
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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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A Remote Innovation Brainstorm Method

Destination Innovation

Gibbard and Tamborello. In 2001 two musicians, Ben Gibbard and Jimmy Tambrello, wanted to collaborate on some new compositions. The problem was that they lived hundreds of miles apart at opposite ends of America’s west coast. So Tamborello composed some rhythms (or ‘beats’) and sent them to Gibbard on CD by post. Gibbard added some instrumentals and vocals and returned the arrangements to his partner.

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Podcast S4E75: Byron Lopez – How South Park produces a show in only a week

Idea to Value

In today’s episode of the Idea to Value podcast, we speak with Byron Lopez, who is a Technical Director on the award-winning animated TV show South Park. We speak about the unique creative process which enables South Park to be created from start to finish in less than a week, where other TV shows take months. Topics covered in today’s episode: 00:02:00 – Byron’s journey that brought him to South Park. 00:03:30 – What a Technical Director does. 00:05:00 – How

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It's the end of the world as we know it, and I feel fine

Jeffrey Phillips

For those of you who were listening to radio and, yes, buying compact discs back in the 1990s, you may recognize the headline of this post as the title to an R.E.M song. It also depicts what innovators and entrepreneurs should be thinking in the middle of this COVID epidemic. Don't get me wrong - we cannot celebrate as thousands of people are dying and perhaps millions are contracting the diseases associated with the Corona virus.

Trends 273
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Exago and Número 7 launch N7 e-commerce for businesses to conquer their digital space

Exago

With COVID-19 massively accelerating digital transformation, Exago and Número 7 join efforts to launch the N7 e-commerce offer and help businesses find new routes and spaces to welcome customers online. The Número 7’s marketing DNA and Exago’s know-how in innovation will enable companies to speed up the shift to digital and reach new markets, by using VTEX, the fastest-growing e-commerce platform in the world.

Marketing 189
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Do you recognize your innovators leaders position?

Paul Hobcraft

Often innovation succeeds or fails by the personal involvement and engagement of a ‘selected’ few. Recognizing the types of innovation leadership might help you manage the innovation work a little better. So can you recognize the traits of your innovation leader? Are they a front-end or back-end innovation leader? Here’s how you can begin to spot the difference.

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We Need To Unlock The Power Of Cause And Effect

Digital Tonto

Our historic inability to encode a basic understanding of cause and effect relationships into our algorithms has been a serious impediment to making machines truly smart. Clearly, we need to do. [[ This is a content summary only. Visit my website for full links, other content, and more! ]].

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

Speaker: Jay Allardyce, Deepak Vittal, and Terrence Sheflin

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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This small company achieved a 100-fold increase in production using Toyota methods

Idea to Value

This video is quite interesting, if you’re interested in how quickly a small company can innovate. It is about how a small raincoat production company was asked to produce COVID-19 protective gowns by the Japanese government, but was struggling to meet targets of 10,000 gowns a day. They were used to producing only about 500 units a day. That’s when some productivity engineers from Toyota saw an opportunity to help, by bring their expertise in kaizen and lean manufacturing, to sugges

Company 278
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And the Winner Is… Announcing 2020 Innovation Management Awards

IdeaScale

Since 2015, the Innovation Management Awards, presented by IdeaScale, have sought out the best innovation strategists, designers, and approaches. 2020’s field was a tough one to narrow down, as innovation management has spread from the smallest businesses to the biggest conglomerates. Nonetheless, we’ve picked the winners in three categories: Best Engagement Strategy, Best Innovation Process, … Continued.

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How to Protect Business with Stronger Customer Relationships. - ThriveableBiz | Innovation That Wins

Business Innovation Brief Submitted Articles

It doesn't matter which technological advancements are taking us into the future, our physical and mental survival still boils down to our humanity.

How To 130
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Innovation gaps between the real world and the virtual world in the time of quarantine

Board of Innovation

It’s been 6 months since the majority of the world came to a halt, shuttering businesses, and forcing many to move from the boardroom to the game room. But the tech world never slowed down. So why haven’t we seen any clear advancements to improve our “virtual” quality of life? The post Innovation gaps between the real world and the virtual world in the time of quarantine appeared first on Board of Innovation.

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How To Select the Right Software for Innovation Management

Finding the right innovation management software is like picking a racing bike—it's essential to consider your unique needs rather than just flashy features. This oversight can stall your innovation efforts. Download now to explore key considerations for success!

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Those that learn to frame the Strategic Innovation discussion are the big winners

Paul Hobcraft

Constructing an innovation conversation framework is never easy, we all come at it in different ways and when it comes to those strategic conversations, we feel a sense of panic and growing tension as our messages begin to fray at the edges and slip more into tactical, the more we talk. If you just diving into innovations, this sort of strategic conversation can change the goalposts, alter the perspective, and can give the innovation a more focused framing to build propositions around.

Learning 246
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How to Select the Next Best Test from the Experiment Library

Strategyzer Innovation

We are excited about the popularity of Testing Business Ideas. One of the main reasons we wrote the book was to get beyond just a list of experiments. Simply running a bunch of experiments to see what happens will create an illusion of progress. This can actually hinder your efforts in de-risking the business idea. Matching an experiment to the type of risk in your business strategy is still difficult for teams to grasp at the very beginning, but with some help, you can pick it up in no time.

How To 143
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Podcast S4E74: Michael Raynor – Setting the right strategy for innovation and disruption

Idea to Value

In today’s episode of the Idea to Value Podcast, we speak with Michael Raynor, Managing Director for the Deloitte US Strategy group, and author of numerous groundbreaking books on innovation, including The Innovator’s Solution and the Strategy Paradox. We speak about the link between strategy and innovation, what companies get wrong about disruptive innovation and understanding where your company is in the market.

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Five Ways to Engage Customers in Your Innovation Process

IdeaScale

Customers are the key stakeholders in your innovation process. Yet involving them can often be the most challenging part of building a better approach to their needs. Here are five ways to get them involved. Set Goals Start with determining how much data you need from your customers before you use it in your strategy, … Continued. The post Five Ways to Engage Customers in Your Innovation Process appeared first on IdeaScale.

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How To Set Up Innovation So That It Aligns With And Enables Corporate Strategy

Speaker: Paul Heller

Most innovation work proceeds independently from company strategy. As a result, the products that arrive in the market are not well aligned with the company’s goals. This challenge is particularly significant in organizations with transformation-oriented strategies, where innovation must directly support growth, scalability, and strategic pivots. In this session, we will discuss why innovation in large companies is so often not aligned with the company’s strategy and what innovation leaders, pro

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Strategy In A Post-Digital World

Digital Tonto

The truth is that the future tends to surprise us and nobody can say for sure what the next few decades will look like. Strategy, therefore, can’t depend on prediction. However, what we can do is. [[ This is a content summary only. Visit my website for full links, other content, and more! ]].

Strategy 163
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LG Unveils Puricare Air Purifier Face Mask

Entrepreneur - Innovation

The battery-powered mask uses two replaceable H13 HEPA filters, dual three-speed fans, and a patented Respiratory Sensor to ensure the air you breathe is virus-free.

Trends 133
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Forget Best Practice, Think Always Of Learning Next Practice

Paul Hobcraft

Often you hear the request made: “Can you give us a best practice snapshot; we would like to get a sense of where we are”. The trouble with best practice is you are looking at someone else’s practices and these are highly individual, made up of different groups of methodologies, processes, rules, theories, values, and concepts. These together have provided that specific company a level of success that others – mostly competitors – begin to notice.

Learning 162
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Taking The Guesswork Out of Innovation

Strategyzer Innovation

To manage an innovation portfolio and make the right investment decisions, you need metrics to measure progress of projects in your portfolio. But many organisations we work with fall into the trap of using execution metrics on innovation projects. We believe innovation needs its own metrics. In innovation, the main task is not to measure if you are on time and on budget, which are key metrics in an execution project.

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Driving Responsible Innovation: How to Navigate AI Governance & Data Privacy

Speaker: Aindra Misra, Senior Manager, Product Management (Data, ML, and Cloud Infrastructure) at BILL

Join us for an insightful webinar that explores the critical intersection of data privacy and AI governance. In today’s rapidly evolving tech landscape, building robust governance frameworks is essential to fostering innovation while staying compliant with regulations. Our expert speaker, Aindra Misra, will guide you through best practices for ensuring data protection while leveraging AI capabilities.

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Podcast S4E73: Robert Lowe – How LEGO invests in new innovations and partnerships

Idea to Value

?. In today’s episode of the Idea to Value podcast, we speak with Rob Lowe, head of Value Creation and Marketing at LEGO Ventures. We speak about what innovation and creativity mean at Lego, and how they look for partners to invest in. Topics covered in today’s episode: 00:01:00 – What is LEGO Ventures and its purpose: Play can be a great basis of learning. 00:03:20 – How creativity and innovation is a part of the culture at LEGO. 00:05:00 – What makes an investment

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Socially Responsible Innovation Part One: For-Profit Companies

IdeaScale

Corporations have struggled with the balance between profit and the greater good since the beginning of capitalism. Some argue that corporations have no obligation to anyone other than their shareholders, while others argue that social impacts can limit the long-term viability of the corporation, making social responsibility a core tenant of corporate responsibility.

Company 147
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Happy 11th Birthday Digital Tonto!

Digital Tonto

Thanks for all of the support over the past 11 years. Here are some of my favorite posts over the last year or so. Related posts: Happy 2nd Birthday Digital Tonto! Happy 8th Birthday Digital. [[ This is a content summary only. Visit my website for full links, other content, and more! ]].

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Examples to create value in the circular economy (Cases)

Board of Innovation

Have a look at different ways to create value in the circular economy. The examples shown are based on our own client cases. The post Examples to create value in the circular economy (Cases) appeared first on Board of Innovation.

Examples 124
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HR Meets AI: The New Way of Keeping Large Workforces Connected and Engaged

Speaker: Miriam Connaughton and Donald Knight

As organizations scale, keeping employees connected, engaged, and productive can seem like a monumental task. But what if AI could help you do all of this and more? AI has the power to help, but the key is implementing it in a way that enhances, rather than replaces, human connection. Join us for an exploration into how industry trailblazers are using AI to transform employee experience at scale while addressing both the potential and the pitfalls.

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Failing Is Learning; Fail Fast to Learn Faster

Daniel Burrus

It was Thomas Edison, inventor of the lightbulb and other mainstays of the modern world, who said, “I haven’t failed, I’ve just found ten thousand ways that don’t work.”. This concept is lost on many in the information age, unfortunately. Because of the immediacy with which we receive both positive and negative feedback from our peers now, when we innovate and put something into the world and promptly receive less than desirable results, or it doesn’t work the way we wanted it to, we are more ea

Learning 121
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Using Innovation to Improve Your McKinsey Organizational Health Index Score

InnovationManagement

2020 proved just how important our relationships to banks and credit unions are as they worked to rapidly respond to the changing financial needs of their customers. The post Using Innovation to Improve Your McKinsey Organizational Health Index Score appeared first on InnovationManagement.

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Podcast S4E72: Mark Batey – How our environment affects our creativity

Idea to Value

In today’s episode of the Idea to Value Podcast, we speak again with creativity researcher Professor Mark Batey from the Manchester Metropolitan University. We speak about some of his most recent research into how our environment affects our performance and creativity, and people who use their creativity for evil purposes. Mark is widely published on the subject of creativity and is the Associate Editor of the International Journal of Creativity and Problem Solving and an editorial board m

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Creative Networks Inspire Innovation in the Royal Australian Navy

IdeaScale

The Royal Australian Navy is one of the largest and most sophisticated naval forces in the Pacific region. Consisting of nearly 50 commissioned vessels and more than 16,000 personnel, their presence is significant worldwide. In the most recent episode of the IdeaScale Nation podcast, Lt. Commander Stephen Delo discusses his role as the Innovation Engagements Manager … Continued.

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Best Practices to Streamline Compensation Management: A Foundation for Growth

Speaker: Joe Sharpe and James Carlson

Payroll optimization can be one of the most time-consuming and complex factors of small business management. Yet, organizations that crack the code on streamlining employee compensation often discover innovative avenues for growth. With the right strategies in place, outsourcing and streamlining payroll processes can result in substantial time and resource savings.