April, 2016

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10 surprising ways to develop your imagination

Idea to Value

“Imagination will often carry us to worlds that never were. But without it we go nowhere.” – Carl Sagan. People with imagination are often dismissed as someone that has his or her head in the clouds, and deeply impractical. That is not true at all. Some of the great minds in human history were people with buckets load of imagination that could envision what other people have no concept at all.

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8 Principles of The Innovator’s Solution

HYPE Innovation

The Innovator’s Dilemma gets more of the headlines, but the follow-up book by Clayton Christensen, The Innovator’s Solution , is a far more useful piece of work. The Innovator’s Solution starts out by describing the ‘dilemma’, and in one chapter removes the need to even read the original work. It then proceeds to offer an array of approaches to handling disruptive innovation in large organizations.

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Diana Neves de Carvalho takes the lead at Exago

Exago

Blending consultancy, management and information technology (IT) expertise, Diana Neves de Carvalho is now Exago’s chief executive officer (CEO). Her problem-solving talents and ‘make it happen’ spirit are focused on one main mission: to provide innovation managers the most efficient. Read More. The post Diana Neves de Carvalho takes the lead at Exago appeared first on www.exago.com.

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The Case for Dual Innovation

Tim Kastelle

The first time I was advocating the idea of a dual innovation approach, here also referred to as organizational ambidexterity, is now more than 5 years ago. At this time it became pretty obvious to me that this concept – academically worn-out but deficiently or not at all put into practice in most organizations – would be of increasing importance in the time to come.

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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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Shining a powerful innovation light into the Corporate Boardrooms

Paul Hobcraft

So after a fairly ‘dark’ period for me, of absorbing and reflecting on a series of reports, each indicating that innovation and its management understanding is not as deeply understood in the boardroom as it should be, you need to respond. This seems an appropriate time to begin to rethink and explain innovation, partly in this need to fight these “immune systems” in fresh ways and partly to redrawn, re-frame and renew the value of innovation; in how it can help organizations going forward in ve

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Destructive and Constructive Innovation

Jeffrey Phillips

Today I read a long post that claimed that up to 30% of the banking jobs in the US would be "destroyed" by innovation. No longer will we need bank tellers. Any job that can be automated or done by machines will be. This is a classic case of creative destruction, described by Schumpeter as a component of innovation. Innovation will always create disruption in existing conventions, economies and industries.

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Best Of The Bonn Forum: John Bessant On Learning The New Innovation Game

HYPE Innovation

In case you were wondering: the 2016 Innovation Managers Forum in Bonn was a blast! It also broke last year’s attendance record by attracting no fewer than 180 innovation management practitioners from around the globe for 2 days of experience sharing, workshops and networking. A definitive gathering indeed with plenty of take-home ideas – a handful of which I plan to share in upcoming posts.

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Exago featured in Gartner’s ‘Market Guide for Innovation Management’

Exago

Gartner’s 2016 ‘Market Guide for Innovation Management’ features Exago as one of the companies with more traction and visibility in the innovation management industry. The post Exago featured in Gartner’s ‘Market Guide for Innovation Management’ appeared first on www.exago.com.

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Charting Change – Now Available on Kindle

Braden Kelley

I’m super excited to announce that my new Charting Change is now available for Amazon Kindle! Charting Change has been the number one new release on Amazon for at least “Business Management” and “Production & Operations” so far.

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No Company deserves to survive with apathy in its future

Paul Hobcraft

I have always found April a difficult month. It seems to be the defining month for transition between winter and summer. It can fool us on the first day ( April fools day ) and its weather for us in Europe does exactly the same, usually all month long. One where it is offering up a healthy mix of rain, stronger sun, a little flurry of snow and some heavy wind too.

Company 138
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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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Putting Brainstorming in its place

Jeffrey Phillips

I find that I've become increasingly irritated with all of the narrow interpretations and self-serving definitions of what is, or isn't, innovation. I'm happy to climb up on a soapbox again to talk about one of the most common scapegoats for innovation, the act of brainstorming. No other activity is more miscast, more often blamed for failure, or more often denigrated.

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This guy made a fun video while renovating his garage

Idea to Value

This video might start off looking like just another DIY project, but partway through it shows the fun and creativity that the author put into it. Technically speaking, it’s nothing special. Youtuber Hampton Rutland explains how he’s finishing a construction project with wood he reclaimed from a derelict demolished house. But once it starts (at around 2:10), you see that he’s decided to have some fun with the construction project, adding a bit of stop motion animation to not o

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Managing Open Innovation: one challenge/ coping strategy at a time

HYPE Innovation

A few months ago, The Economist published an excellent piece on how the fashion for making employees collaborate had gone too far. We wrote about the trend too here on the blog, explaining how excessive collaboration harms organizational performance and stifles innovation (hint: overworking employees for only marginal gains).

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The ultimate innovation management success factor

Exago

Most innovations come through steady, continuous improvement. Embedding innovation as corporate culture takes time and perseverance. The post The ultimate innovation management success factor appeared first on www.exago.com.

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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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Boost Innovation and Recruitment with a Hackathon

Destination Innovation

. Does your company use hackathons? If you think that they are just for software companies and tech nerds then think again. Today every company has to be a software company and every innovator has to find new ways to meet customer needs. The principle is simple. Teams are given a broad challenge and over 24 to 48 hours they come up with clever ideas and then construct working prototypes of their solutions.

Software 107
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Uncharted Waters Disrupting the Corporate Boardrooms

Paul Hobcraft

When you read a report that has within its executive summary this: “ In combination the boards stand unarmed to enter the battlefield of future business creation in a disrupted world ” it makes you want to read on. In a recent report called “ Radical Innovation and Growth: Global Board Survey 2016 ” (link opens the pdf) we have results from a survey jointly conducted by Deloitte Denmark and Board Network – The Danish Professional Directors Association, that opens up much that can concern us abou

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The seven stages of innovation grief

Jeffrey Phillips

I'm writing this a bit tongue in cheek, but the point of this blog is very serious. There are a number of phases that innovators go through, accepting what they can about innovation based on what the executives and corporate culture allow. Growing as an innovators is something like experiencing the seven stages of grief, only it's often in reverse. When we experience grief, as when we lose a loved one, psychologists note that many people progress through a number of stages.

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The surprising habits of original thinkers

Idea to Value

Sometimes, it takes a while for the best ideas to incubate into something original and beautiful. In this great new TED talk, Organisational Psychologist Adam Grant outlines what he has learned by studying “original thinkers” He outlines his research that suggests that between extreme procrastinators who leave their most important work until the last possible moment ( which is an especially bad problem for entrepreneurs ) and what he calls “precrastinators” who start work

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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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The Definition of Innovation

HYPE Innovation

What happens if you ask a group of so-called innovation experts about their definition of innovation? Nick Skillicorn did this and he gathered the answers in an interesting blog post that shows how vastly different even topic experts see the term “innovation”.

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What we’ve learned about the idea management challenge

Exago

The clock is ticking. Most managers (86%, to be precise) believe transformation in their companies is imperative to guarantee unrelenting success. However, one in five companies has failed in its innovation attempts, and three in five have not yet made any effort in this area. The post What we’ve learned about the idea management challenge appeared first on www.exago.com.

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IBM Has Created A Revolutionary New Model For Computing—The Human Brain

Digital Tonto

Rather than hyper-rational calculating machines, computers will think more like we do and help us to collaborate more effectively—with each other and machines. Related posts: Advertising on the. [[ This is a content summary only. Visit my website for full links, other content, and more! ]].

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Establishing a new mentality for innovation

Paul Hobcraft

Visual two heads… different mindsets, different thinking about innovation but working together, a duality of thinking and managing innovation going forward. We must learn to explore and exploit at the same time, both in parallel and where needed, in separate ways, or entities. If we ‘subject’ all of our innovation thinking to go through the same process we lose so much.

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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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Here comes the hypenated innovation offering

Jeffrey Phillips

It's almost inevitable that innovation will grow to become an amorphous blob of ideas, techniques, processes, "experts", software and a host of other things. It's the natural order of economics that when an opportunity is available, everything rushes in to fill the vacuum, and as the market becomes crowded various offerings must differentiate themselves from the others to demonstrate value.

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These guys built a beautiful scale version of our solar system

Idea to Value

Sometimes it takes my breath away what some people can do with a little imagination, careful planning and some hard work. In this short film by Wylie Overstreet and Alex Gorosh, they recreate the actual scale of our solar system, taken from the perspective of the Earth being the size of a marble. The sun and all the other planets are created to the same correct scale in the Nevada desert.

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Collaboration Is The New Competitive Advantage

Innovation Excellence

In truth, neither view fully represents today’s business environment. Certainly, companies like Apple and Southwest are still able to dominate their industries, but the source of advantage has changed. We no longer compete in a resource economy, but a semantic economy where firms that can build, manage and widen connections win out.

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Strategic Thinking – Job Descriptions Don’t Define Innovation Potential

BrainZooming

We were working with a team responsible for a highly focused internal process that includes a customer-facing aspect. It’s a high volume, high expectation, and deadline-focused role critical to the company’s success. I noticed several references during our time together about how narrow and targeted the team’s job is. VERY NARROW AND VERY TARGETED.

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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 Smart Businesses Are Turning Academic Research Into Profits

Digital Tonto

Take a look at any significant innovation, such as an iPhone, and you’ll find that most, if not all, of the technology came from some government program. Related posts: You Can Only Win The Future. [[ This is a content summary only. Visit my website for full links, other content, and more! ]].

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The Case for Dual Innovation

Integrative Innovation

The first time I was advocating the idea of a dual innovation approach, here also referred to as organizational ambidexterity, is now more than 5 years. At this time it became pretty obvious to me that this concept – academically worn-out but deficiently or not at all put into practice in most organizations – would be of increasing importance in the time to come.

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Are You an Innovator? Take the Quiz

Innovation in Practice

Place a check mark beside the statement you agree with most. 1. A. Innovation occurs by adding features to a product. B. Innovation occurs by taking features out of a product. 2. A. Innovation is finding problems that are solved by hypothetical solutions. B. Innovation is finding solutions to difficult problems. 3. A. I am more likely to innovate when I work alone.

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Why the MBTI test is useless in innovation programmes

Idea to Value

Chances are you’ve heard of and maybe taken the Myers-Briggs Type Indicator (MBTI) personality test. Unfortunately, what it tells you is pretty much pointless. I remember when I was at Deloitte, my whole cohort took the MBTI test to find out more about our working preferences. The test consists of 93 questions around four contrasting values (e.g. introversion vs extroversion) and from the 16 resulting “personality types” claims to be able to predict your preferred working and s

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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.