July, 2021

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The Power of the Outsider Mindset

Destination Innovation

Elon Musk. What do the following people have in common? Levi Strauss, Henry Ford, Estee Lauder, Walt Disney, Elon Musk, Arianna Huffington, Sergey Brin? They are all famous entrepreneurs who founded successful new businesses. But also they are all immigrants or the children of immigrants. According to the Entrepreneurs Network , while just 14% of UK residents are foreign-born, 49% of the UK’s fastest-growing startups have at least one foreign-born co-founder.

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The Truth About Automation, Jobs And Prosperity

Digital Tonto

When we use machines to perform tasks formerly done by humans we unlock multiple effects. The most obvious, of course, is that somebody is out of a job, less obvious are how technology affects. [[ This is a content summary only. Visit my website for full links, other content, and more! ]].

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How Design Thinking Promotes Innovation

IdeaScale

It’s well known that design thinking is a creative problem-solving process, which focuses on reaching solutions that were previously inaccessible. To the trained eye, this may ring a bell as a common goal of innovative thinking as well. In reality, design thinking is a process that overlaps with traditional innovation in many different ways, making it extremely useful for innovative ideation.

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Disruption is not a strategy

Idea to Value

If you ask a number of startups what they are hoping to achieve, undoubtedly you will encounter one that is going to “Disrupt” their industry. Disruption is what Uber, Airbnb, Amazon and the iPhone did to their industries. Disruption is cool. Disruption is sexy. And unfortunately, hardly any of these companies even know what disruption really is.

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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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East meets West in understanding Innovation Cultural Orientation

Paul Hobcraft

East and West- the different meeting points in understanding. I lived for about fifteen years in Asia and the before, and in the in-between period, I travelled around the region a fair amount. Today less so, but ask me where I want to go, and it is back to my city for twelve plus of those years, Singapore. Some events today set me thinking that resulted in re-issuing this post, shortening it down a bit.

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Innovation in the Legal Services Sector

HYPE Innovation

While product-oriented innovation is well-established as a business practice, innovation in service-oriented sectors, such as legal, accounting, and consulting, has had a slower progression – until now. Workforce disruption due to the pandemic, coupled with the rapid adoption of digital workplace technologies, are creating unique, exciting opportunities for service-focused innovation.

More Trending

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4 Things Every Business Leader Should Know (But Most Don’t)

Digital Tonto

The truth is that leadership is the art of managing the ambiguous, or as Stanley McChrystal has put it, “a complex system of relationships between leaders and followers, in a particular context, that. [[ This is a content summary only. Visit my website for full links, other content, and more! ]].

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Why an Innovation Roadmap Tool is Still Key to Driving Your Long-Term Business Success

Leapfrogging

Over the last 25 years, I’ve spent thousands of hours and run hundreds of innovation sessions designed to help business executives across all industries to develop better strategies which will enable them to stay ahead of the competition when it comes to developing the most innovative products and services to serve their customers. ? . One of the most important tools in my arsenal as an innovation consultant is the Innovation Roadmap Template , a tool that provides a visual representation o

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Kill a stupid rule: an amazing way to reduce red tape

Idea to Value

A few years ago I had a very interesting discussion with Lisa Bodell , CEO of Futurethink and bestselling author of innovation books Kill the Company and Why Simple Wins. She told me about how most employees waste far too much time in meetings and answering emails. They were too busy to get any real work done throughout the day. In effect, busyness is getting in the way of their business.

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Our innovation era: creative destruction or destructive creation- which?

Paul Hobcraft

I keep coming back to the dilemma often faced in innovation- do we practice “creative destruction” or “destructive creation? We are entering some perilous times in climate change and what this will mean in destruction in what we know, what we value and what we are used to. I can’t imagine when Joseph Schumpeter outlined his groundbreaking efforts for explaining “ creative destruction ” he or anyone else could imagine this being flipped around to what we are facing more of today

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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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How Government Stakeholders Identify and Embrace Innovation

IdeaScale

The path to identifying and adopting innovation in government is complex and non-linear. Government innovation teams and non-profits will have to work closely to communicate needs, coordinate ideas, and anticipate challenges before they arise. The Challenges Of Government Innovation. Governments face a few specific challenges that any innovator in the space will need to be aware of, whether inside government or working with it.

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The cost of delaying innovation

Jeffrey Phillips

Right now, as we (hopefully) emerge from the COVID pandemic in late summer 2021, there is a real debate underway in a lot of corporations. The debate is about whether or not to fund innovation work, and if the decision is positive, how much to spend or invest in innovation. The debate is fueled by the fact that during COVID few really new or interesting products were created, and by the sense that customers are beginning to demand something new and different from the same old products and servic

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How To Prepare Your Organization For Transformation In A Post-COVID World

Digital Tonto

In Built to Last, management guru Jim Collins suggested that leaders should develop a “big hairy audacious goal” (BHAG) to serve as a unifying vision for their enterprise. He pointed to examples such. [[ This is a content summary only. Visit my website for full links, other content, and more! ]].

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How to Use the Innovation Matrix Template to Create New Products or Services for Your Business

Leapfrogging

Depending on your industry, size and company structure, driving innovation within your business can be a huge undertaking. Some companies are founded with innovation in mind, while others may have struggled to innovate from the very beginning. Innovation, and coming up with new products and services for your business to stand out in the market is one of the most important things you can do to ensure its success. . .

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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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Why mind wandering is good for your creativity

Idea to Value

If you want to become more creative, one of the most effective things you can do is become more comfortable letting your mind wander. It sounds simple, but there is a wealth of research which shows the creative benefits of letting your thoughts flow freely. Mind wandering, or daydreaming, often occurs when you are not focussed on a specific task in front of you.

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The Cascading Innovation Effect.

Paul Hobcraft

Visual source; [link]. We need to think about a choice-cascade integrative model for innovation. Often we fail to understand our role in contributing to innovation; we need a cascading effect. Here I want to explain my thinking behind this and provide the visual cascading steps I feel help us succeed in innovation. For me, the “cascading effect” for innovation is “ a sequence of events in which each produces the circumstances necessary for the initiation of the next”.

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IdeaScale Integration With MS Teams Helps Streamline the Idea-Sharing Process

IdeaScale

IdeaScale now has a Teams integration that makes it simple to submit ideas straight from your chat. Here’s how it works. Over the past year, both due to necessity and the more natural process of remote work becoming more popular, Microsoft Teams has taken center stage as the collaboration software of choice. Now, IdeaScale has developed an integration that makes it even more useful and effective, especially for brainstorming sessions, innovation committees, and open innovation initiatives.

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The Ultimate Guide to Jobs To Be Done Theory

Viima

Like a fine-tuned instrument, successful innovation needs perfect calibration and careful adjustments, over and over again. Maybe you’ve already tried recalibrating your innovation efforts but to no avail. What went wrong and what to improve next? Successful companies focus on optimizing around the customer’s real needs. But how to do that? How to discover their underlying needs?

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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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Anyone Can Have A Vision. Building Competence Is Often More Important

Digital Tonto

Plenty of people have visions. Elizabeth Holmes had one for Theranos, but its product was a fraud and the company failed. Many still believe in Uber’s vision of “gig economy” taxis, but even after. [[ This is a content summary only. Visit my website for full links, other content, and more! ]].

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Where do You Stand on the Road to Innovation? Use the Innovation Matrix to Help Drive Your Next Innovation Initiative

Leapfrogging

A little self-awareness goes a long way. For most organizations struggling to innovate for their customers and in their markets, chances are there is a lack of genuine self-understanding and assessment around what’s getting in the way and why. In my 25 years leading innovation initiatives, I have found that big challenges arise when there’s misalignment between commitment to innovation and actual competence to develop new solutions. . .

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The 6 core skills every innovator needs

Idea to Value

In order to succeed as a professional innovation manager, you need a variety of skills. And these skills are only going to become more valuable in the coming decades as companies realise that they are required for future growth. From being able to manage bureaucracy to coming up with ideas in the first place, here are the 6 Most Important skills you need to be an effective innovator: 1.

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Our innovation era: creative destruction or destructive creation- which?

Paul Hobcraft

I keep coming back to the dilemma often faced in innovation- do we practice “creative destruction” or “destructive creation? We are entering some perilous times in climate change and what this will mean in destruction in what we know, what we value and what we are used to. I can’t imagine when Joseph Schumpeter outlined his groundbreaking efforts for explaining “ creative destruction ” he or anyone else could imagine this being flipped around to what we are facing more of today

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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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Help IdeaScale Identify the Future of Innovation

IdeaScale

IdeaScale is gathering trends to inform their view of the future of innovation. To do that, they are asking futurists, innovation leaders, entrepreneurs, and other forwarding-thinking business leaders to answer at least one of three questions in their Future of Innovation Campaign. Change happens fast. Technology creates opportunities at lightning speed, which presents companies with more ways of making money than ever before.

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What is the New Model for Innovation Success?

InnovationManagement

In this series I’ve been critically examining the significant changes impacting the corporate innovation competency, which leads to how organisations drive future growth and impact. The post What is the New Model for Innovation Success? appeared first on InnovationManagement.

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Red pill or Blue pill innovation

Jeffrey Phillips

As readers of this blog (and you know who you are) are bound to know by now, I am a movie fanatic. I love good movies, average movies, older movies and so forth. I like movies that I can quote, and also like movies that are based on my favorite books. I am one of those people who is constantly astounded when I say " African or European swallow " and people give me a blank look.

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Innovation Funnel Management System: The Secret Tool to Drive Innovative Product Development in Your Business

Leapfrogging

There were over 200 different concepts for new products and services written on multi-colored post-its and stuck on every conceivable surface across the conference room in my client’s office. The innovation session had been going on for most of 2 days, yet the participants didn’t look tired. In fact, they were energized. But how on earth were we going to cut down over 200 ideas into a few that the company could bring forward?

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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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How to tell when it is the right time to walk away

Idea to Value

It is one of the most painful things to do. But at the same time, one of the most important. Walking away from an idea or project which is just not working. In some cases this can mean literally moving on and walking away, to another team or project. But in most cases, walking away means moving your focus to something different. Every innovation team or creative person will encounter a situation where no matter how much effort you put in, it seems like the idea is going nowhere.

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East meets West in understanding Innovation Cultural Orientation

Paul Hobcraft

East and West- the different meeting points in understanding. I lived for about fifteen years in Asia and the before, and in the in-between period, I travelled around the region a fair amount. Today less so, but ask me where I want to go, and it is back to my city for twelve plus of those years, Singapore. Some events today set me thinking that resulted in re-issuing this post, shortening it down a bit.

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Winpak Case Study: Connecting Employees Across Multiple Continents and Languages

IdeaScale

Overview: Winpak, a global packaging company, noticed that its innovation outreach efforts were limited to those who were able to attend at specific times and places and rarely from its 2,500 frontline workers. They developed an innovation platform, called 25hundred Innovators , to lift the voices of those workers, transcending both language and geographical barriers.

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How Artificial Intelligence Can Create Real Value for your Business

Daniel Burrus

Whether we ask Amazon’s Alexa to play our favorite song or shout “Hey, Google” before asking the device a question to help our child with their homework, artificial intelligence (A.I.) has been in the spotlight more frequently in the past few years in consumer applications. In past articles, I have identified the implementation of artificial intelligence (A.I.) as being “helpfully cool”; however, its application in industries of all sorts is exponentially revolutionizing how we both think and wo

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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.