May, 2019

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Willing to Innovate? Start with Improving on Culture!

InnovationManagement

It is neither the business models nor the products that are innovative, but rather the minds behind them. Hence, nurturing a culture where people are willing to generate and execute on creative ideas is an essential skill for every innovation leader. The post Willing to Innovate? Start with Improving on Culture! appeared first on Innovation Management.

Culture 87
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Why Perfectionism Stifles Innovation

IdeaScale

Striving for excellence is not the same thing as demanding perfection. Striving for excellence opens up possibilities while demanding perfection attempts to carve outcomes in stone. It’s easy to see how perfectionism can stifle an innovation strategy and constrain people to the point where they’re paralyzed by fear of making a mistake. Unfortunately, perfectionism is often seen as a good thing.

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The Only Way to Understand (Innovation) Success is by Measuring Failure

HYPE Innovation

Success is a scarcity, especially in innovation. In fact, one of the few certainties in life is that everything will fail at some moment. Few innovations and experiments succeed, and even the biggest success stories end at one point. It’s just the tendency of our universe towards entropy and disorder. Could be after 70 years, like in the case of Toys R Us, but happen it will.

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The Power of Silly Questions

Destination Innovation

Roger Hargreaves and the Mr Men Books. In 1970, Roger Hargreaves’ 6-year-old son Adam asked his father a question. It was a question that only a child could ask. No adult would ever conceive of it. Adam said, ‘Daddy, what does a tickle look like?’. In response Hargreaves, a cartoonist, drew a picture of a round orange blob with a face and long rubbery arms.

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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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Innovation Capital Lies Within Organizational Learning

Paul Hobcraft

We need to know how to unlock the real value of innovation both personally and within the organization, we work for. If we do not fully understand where the innovation capital comes from, how new capital and stock can be provided, innovation will remain tentative, always stuttering along. Innovation will lack that essential organization innovation rhythm, and it will stay disconnected for many and will be frustrating your own evolution in understanding if it does not become an organizational lea

Learning 208
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Understanding future conditions is vital to create innovative solutions

Jeffrey Phillips

I'm just wrapping up another project that's focused on trend spotting and scenario planning, working to help a client company understand the emerging competitive conditions their business will face in the next 5-7 years. While foresighting, trend spotting and scenario planning are exceptionally valuable, many innovation projects simply ignore the benefits they can receive from doing this work.

Trends 190

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Want Innovative Answers? Ask Effective Questions!

IdeaScale

If somebody’s car won’t start, you don’t ask them “Did you keep turning the key until it started?” Yet, when getting the motor running for innovation, we too often ask questions not unlike that one. Relevant, powerful questions can take innovation from a cold start to a blazing finish. Keep The Answer Open Let’s consider a basic question any business asks and how it can inspire innovation.

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4 Practices Innovation Managers Should Retire (And 4 to Keep)

HYPE Innovation

Every year, new tools, technologies, practices, and even full-rounded ideologies invade the innovation space. Those of us working in this space witness this change daily as we watch projects reach (or miss) their targets as a result of new information and tools used. However, the real changes in how we manage innovation are even more evident when innovation managers gather to share their stories of success and failure at industry events like INNOVATE Bonn , HYPE Innovation's annual customer foru

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What if the current use of your product were banned?

Destination Innovation

Have you ever used a knife as a screwdriver or a shoe as a hammer? If so you repurposed a product for an application that the producer did not foresee. You put the product to another use. This idea can be a fruitful source of innovations for your product or service if you only you can think laterally. De Beers is a diamond mining company founded in South Africa in 1888.

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Recognizing it is all about Value Creation

Paul Hobcraft

I am reading a lot about the concept of value creation recently, it answers everything but tells us so often nothing about how it is made up or it is truly present. It seems to have that same ‘heady vaulted position’ as innovation in that we all talk far more about the ‘promise’ of it, we want it but still are not prepared to put the real effort into it to make it happen.

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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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Digital Innovation meets As a service

Jeffrey Phillips

For a while now I've been considering the impact of all the emerging digital transformation tools on innovation. Artificial intelligence, machine learning, IoT, blockchain and a host of other technologies will have a bit impact on how corporations conduct work and create new insights and new products and services. However, I'm increasingly of the opinion that we are guilty of focusing on the technology and ignoring the real benefit of these technologies and other IT-influenced changes, and what

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Tart-up or Start up? Two innovation strategies for established companies

Idea to Value

The innovation game is not played on a level playing field. Start-ups – companies under 5 years old owned by one person or a small team of entrepreneurs and venture capitalists – will innovate quite differently from established companies, which have a history of successful growth and a market share to defend. Recent start-ups that have grown up, such as Facebook, Google and Netflix are hybrid cases, still youthful and on the warpath for new products and markets,while also owning huge

Strategy 132
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Motivate to Innovate: How?

IdeaScale

Engagement is a challenge even at the most innovative companies. Bringing in stakeholders across the board will take more than just a welcome email and a few meetings. Here’s how to gear your company for innovation, from the newest team member to the senior C-suite. Bring in The Highly Engaged. Every organization has people who give 110 percent and have a talent for motivating others.

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The 7 stages of NPD and how to effectively manage product innovation

Exago

The process of developing a new product - whether it is a tangible, physical good or intangible, like a service, experience or belief - requires a systematic method to launch and commercialise it. NPD typically comprises 7 stages, from the initial idea through to its introduction on the market, and can be aligned with good idea management practices.

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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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Is Artificial Intelligence The New Productivity Paradox?

Digital Tonto

There’s still so much we don’t yet see, for the simple reason that so much has yet to happen Related posts: 4 Ways Every Business Needs To Use Artificial Intelligence. Artificial Intelligence Needs. [[ This is a content summary only. Visit my website for full links, other content, and more! ]].

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Building the Coordinates into your Innovation World

Paul Hobcraft

Innovation can be fairly complex in what needs to be pulled together, as often it ‘flies’ in contradiction to the normal organization’s ways and wishes, especially the emphasis on working in structured, efficient and productive ways. Innovation can often be rather chaotic and discovery driven, it often is seen as counter-productive to the orderly state our organizations wish to achieve.

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Digital Transformation, Data and Innovation

Jeffrey Phillips

In my last post I tried to illustrate the importance (and the challenges) of data to digital transformation. This is often a complex and difficult idea for people to understand - why is "data" so hard? Why can't computer systems work more effectively? For example, my father called me over the weekend to ask why his doctors can't get his electronic medical records correct.

Data 129
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Fascinating new innovation: 3D colour X-rays

Idea to Value

If you think that all X-ray images can do is show you a picture of your skeleton, think again. Scientists from Mars Bioimaging at the University of Canterbury, New Zealand have developed new medical imaging technology which allows them to take pictures of the internal tissues of living beings (including humans), and show the different components of them in different colours.

Video 119
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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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How to Solve Enterprise Problems with Multiple Innovation Types

IdeaScale

Businesses tend to think of innovation in terms of product, process, or business models. Within those three domains of innovation are several innovation types that apply in different situations. The innovation type that is best suited to the problem depends on two key factors: how well-defined the problem is, and how well-defined the skills domain is that is necessary to solve the problem.

How To 164
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Innovators as Integrators

IdeaSpies

We assume that innovators are never short on ideas, that their problem tends to be focus and follow-through. But I would like to challenge this common storyline. In my years of talking with innovators, I have met many who fit the garage-dwelling idea junkie. But I have met just as many who don’t come at innovation with their own ideas. They are a different type.

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Why Corporate Transformations Fail So Consistently (And How To Fix It)

Digital Tonto

The truth is you can’t overpower, bribe or coerce people to embrace change Related posts: If You Want To Change The World, You Need To Start With A Keystone Change. If You Want To Change The World, [[ This is a content summary only. Visit my website for full links, other content, and more! ]].

How To 129
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These Are the Skills Your Kids Will Need for the Future (Hint: It’s Not Coding)

Innovation Excellence

An education is supposed to prepare you for the future. Traditionally, that meant learning certain facts and skills, like when Columbus discovered America or how to do long division. Today, curriculums have shifted to focus on a more global and digital world, like cultural history, basic computer skills and writing code. Yet the challenges that.

Culture 111
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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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What Happens if You Try Taking Risk & Dealing With Uncertainty?

Mills-Scofield

Yuna Hur & Elaine Cheung - Versions of a Retail Pop-Up, Spring 2018. I’m honored to host a blog by one of my amazing mentees, Yuna Hur ‘18. Last year, as a senior, it was time to push academic limits 1 last time before graduating. This is her story about why it’s so important to take risk … because you never know what can happen! Thank you, Yuna!!

Course 107
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Podcast S2E34: Catherine Orer – How artists can raise the value of their work

Idea to Value

In today’s episode of the Idea to Value Podcast, we speak with Catherine Orer about what it takes for artists to raise the value of their work. We cover several areas, including what sort of research artists need to undertake to understand what the market is willing to pay, determining their own vision of what they want their art to be, and overcoming the fear of the “business side” of things to be able to actually make their art into a sustainable, profitable business.

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Top Jobs for Innovation Professionals in 2019

IdeaScale

Companies in every industry are accepting that complacency and failure to innovate are tantamount to negligence. Failing to innovate can cause even a large established business to lose ground to competitors that more fully embrace innovation. It requires more than just saying “Innovation is good.” An innovation strategy is a key business asset, and innovation leadership is no longer nice to have, but necessary.

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Corporate Innovation: How to Overcome Unique Challenges

Econic

The biggest challenges in corporate innovation and how to navigate them Corporate innovation is hard. There are loads of challenges and pitfalls when trying to explore new opportunities inside of an existing organization. More and more, we’re seeing innovation programs close their doors after only a few years, with few senior leaders in the organization recognizing any real value from their efforts.

How To 98
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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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Here’s What Most People Get Wrong About Minimum Viable Products

Digital Tonto

The advantage of creating an MVP is that it essentially acts as a research lab where you can safely test hypotheses and eliminate sources of uncertainty. Related posts: The Hair-On-Fire Use Case. [[ This is a content summary only. Visit my website for full links, other content, and more! ]].

LEAN 127
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How biometrics can augment the way you understand customers

Board of Innovation

In the first part of our series exploring what’s next in empathy and design-thinking methods, we look how the latest cognitive research technologies offer new insights into users’ minds. The post How biometrics can augment the way you understand customers appeared first on Board of Innovation.

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The 5 main pitfalls in taking your business global and how to avoid them

IdeaSpies

Do you have a proven business and are you looking to expand globally? Do you see the potential for your product offering overseas? Expanding into new markets and serving new segments does have its risks but also the rewards. Taking your startup business global seems like a daunting task but it doesn’t have to be. There are five main pitfalls many businesses fall into when trying to expand overseas.

How To 88
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How to Build YOUR Best Innovation Process

InnovationManagement

How might we build a more efficient or effective innovation process? The post How to Build YOUR Best Innovation Process appeared first on Innovation Management.

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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.