June, 2022

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Why incremental innovation is so easy; disruptive is so difficult

Jeffrey Phillips

After years, no decades, of working in and on the margins of innovation, I think I had an epiphany recently. It's interesting to know that the more you work in a field, you become more aware of the things that you don't know, rather than confident in the things that you do know. For me, one epiphany that happened this week was when I was thinking about how valuable truly disruptive innovation is, and why it is done so rarely.

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Here’s How You Build Transformative Teams

Digital Tonto

The truth is that there is no effective answer for the question, “how do we find innovative people?” Talent isn’t something you hire or win in a war, it’s something you empower. It depends less on. [[ This is a content summary only. Visit my website for full links, other content, and more! ]].

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The simple (and advanced) tools i use to run an online business on auto-pilot

Idea to Value

One of the most common questions I am asked is what tools I use to manage my successful online business. Considering I am constantly giving advice on the ways that companies can improve their innovativeness, and people can come up with new business models and business ideas based on their creativity. So, I wanted to provide a simple list of all the tools that I personally use on a day-to-day basis to run a successful online business.

Tools 270
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Small Business Expert Gene Marks’ Advice for Small Businesses and Entrepreneurs

Business and Tech

Small businesses face a lot of challenges these days, including hiring and retaining employees, inflation, supply chain issues, and more. Read on as small business expert Gene Marks shares his insights to help small business owners navigate the current marketplace. Gene Marks Founder, Marks Group PC. “There has never been a better time to start a small business,” says Marks, owner of Marks Group PC, a ten-person firm that provides technology and consulting services to small and medium-sized busi

System 246
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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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Phasing the Energy Transition by Technology and Horizon Management

Paul Hobcraft

Applying the Three Horizon Methodology is an Evolutionary Perspective. Innovation is the key enabler to turning our world from a fossil-led one into one based on renewables. For this to happen, our focus today should be fully on low-carbon technologies and their technical realization. We should be looking at applying the three horizon methodology here to determine a pathway from today through to 2050 to achieve our goals of having a world free of man-made carbon emissions.

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Breakthrough Innovation vs. Disruptive Innovation

IdeaScale

Aren’t breakthrough innovation and disruptive innovation the same thing? It’s a common question when building innovation strategy. After all, the car, the telephone, the smartphone, the electric car, the solar panel, weren’t these all breakthroughs that were also disruptive? In a sense, yes. But it’s the context of the innovation that’s important. What Is Breakthrough Innovation?

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4 Ways Hucksters, Gurus And Consultants Fool Us (And Usually Themselves)

Digital Tonto

In Richard Feynman’s 1974 commencement speech at Cal-Tech, he recounted going to a new-age resort where people were learning reflexology. A man was sitting in a hot tub rubbing a woman’s big toe and. [[ This is a content summary only. Visit my website for full links, other content, and more! ]].

Learning 244
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The Rosy Retrospective: Why we think the “good old times” were better

Idea to Value

Nostalgia can be a powerful force preventing innovation in companies. After all, people often would rather keep the status quo than run the risk of changing something while being unsure that the change will make things better. It also seems to imply that people often think of the past more fondly than the present, as if things were always better in the “good old days” Now, scientists have uncovered an unconscious bias that might explain this phenomenon.

Trends 247
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How Small Businesses Can Cope With Rising Inflation

Business and Tech

Here are five ways small business owners can get prepared and get ahead amid economic uncertainty and rising inflation. Kevin Hubbard Co-Founder, Rhoback Activewear, Member, U.S. Chamber of Commerce Small Business Council. Inflation has continued to rise at staggering levels. Small business owners are often disproportionally impacted by rising costs as they don’t have the same ability as larger companies to absorb them.

Policies 246
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Innovations Degrees of Connectivity, Interactivity and Sharing for Ecosystem Design

Paul Hobcraft

The three degrees of ecosystem design- the innovating equation. In any ecosystem thinking and design, we do need to find this “sweet spot” for encouraging more innovation. For me, it is the ability to build the dynamics within the involvement required. We live in a world where we are having greater connectivity than ever before. We are increasingly engaged in far greater interactivity with easy access to social and organizational tools than ever before.

Design 182
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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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Sustainable Innovation: Explanation and Examples

IdeaScale

Business innovation and sustainability go hand-in-hand. The evolution of technology and the demand for sustainable products and processes is becoming one of the main drivers of revenue growth and cost reduction across industries. Today’s sustainability leaders are 4 times more likely to be considered innovation leaders compared to those not focused on sustainability, as you can see in our downloadable infographic.

Examples 130
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Design Thinking Applied to M&A Integration

Tullio Siragusa

Design Thinking Applied to M&A Integration. Merging companies is complicated. However, if merging is done right, it might lead to competitive advantages. The reality is that many companies do it wrong, resulting in failure rates as high as 70% or more. The failure rate increases due to insufficient integration design and planning or faulty integration planning.

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We Need To Stop Cheerleading Change

Digital Tonto

My friend Srdja Popovi? once told me that the goal of a revolution should be to become mainstream, to be mundane and ordinary. If you are successful it should be difficult to explain what was won. [[ This is a content summary only. Visit my website for full links, other content, and more! ]].

Change 216
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When does it make sense to automate?

Idea to Value

Innovation teams often see a problem and think that the most effective thing to do is to create a solution for it. Often, this involves developing a solution that automates a task that previously had to be done manually by someone, or at least makes the activity significantly more efficient. However, sometimes the time, effort and resources spent developing the solution to fix what in reality is a minor problem can be significant.

Software 237
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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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Three Ways a Peer-Based Network Can Energize Entrepreneurs

Business and Tech

As a startup entrepreneur, you wear all the hats — sales, marketing, fulfillment, invoicing, accounting, and business strategy, to name just a few. It can be exhausting, but entrepreneurs thrive on bootstrapping and solving impossible challenges. However, the time may come, several years into your business, when you are unsure how to achieve that next growth milestone.

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How to Lead Innovation and Embrace Innovative Leadership

Viima

Leaders are bombarded from all directions with advice on how to behave as leaders. It seems like we all know what it takes to lead innovation, at least in theory, yet the attention is mostly focused on famous innovators who oftentimes are the exceptions, rather than the rule. What’s more, we tend to forget that the greatest, most famous innovators, with all their qualities and contributions to the world, are not necessarily the best of leaders.

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What’s the Real Difference between Creativity and Innovation?

IdeaScale

Creativity and innovation are often seen as interchangeable. However, while they overlap, they’re different in key ways. Here’s how to understand the differences and apply them in your innovation strategy. Creativity Vs. Innovation. Creativity is the act of conceiving something new, while. Innovation is the act of putting something into practice. Creativity is thinking up the idea of flying into space, while innovation is building the rocket.

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How to and Why Be Genuine as a Leader

Tullio Siragusa

How to and Why Be Genuine as a Leader. There is a significant difference between leadership and management. Leaders inspire and work in an upside-down pyramid fashion, while managers are often seeking to be on the top of the pyramid with everyone else beneath. Leaders create and move things forward; managers handle things. Leaders lead people, managers manage stuff.

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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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Revolutions Don’t Begin With a Slogan, They Begin With A Cause

Digital Tonto

Ukrainian President Volodomyr Zelenski has been compared to great orators like Winston Churchill. In the English House of Commons, he vowed to fight “in the forests, in the fields, on the shores, in. [[ This is a content summary only. Visit my website for full links, other content, and more! ]].

Change 220
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The more people are in your company, the more administrative effort it takes

Idea to Value

If you were at a party, and wanted to shake hands with everyone, how many handshakes would it take? Simple: it would be the total number of people at the party, minus one (yourself). That grows with the total number of people involved. But how many total handshakes take place, and how long would it take for everyone to shake hands? This can teach us much about why companies and teams slow down as they grow larger.

Company 231
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The Habits of the Successfully Self-Employed

Business and Tech

Small businesses generate 44% of the U.S. economy and are responsible for two-thirds of new jobs. One of the most often-overlooked sectors of the small business community is the 16 million people who are self-employed. Keith Hall, CPA President and CEO, National Association for the Self-Employed (NASE). “The state of mind of the typical self-employed person is by definition not typical,” says Keith Hall, chief operating officer and president of the National Association for the Self-Employed (NAS

Industry 130
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Three reasons to change the global poverty fighting paradigm

Christensen Institute

Every year, the development industry spends around $150 billion fighting poverty in order to prevent situations like the aforementioned. Last year, it spent approximately $161 billion. . Progress is not only slow but whatever “progress” is made is also shallow. Development indicators, such as children in school, life expectancy, infant and maternal mortality, and so on, may go up, but they mostly mask the shaky foundation upon which these positive indicators are built.

Change 117
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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 Is Idea Management?

InnovationManagement

Traditional innovation can only take your business so far, and without an evolution of processes, you might find it harder than ever to move new ideas forward. Introducing structures and systems to formulate, organize, and act upon new ideas is one of the best ways to optimize internal innovation. This practice is better known as idea management, and in this article we will define and discuss idea management in full.

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What Can Leaders Do to Have More Innovative Teams?

Viima

Talent is one of the main drivers of innovation and its scarcity and high value makes it a frequent cause for concern for leaders from all over the world. And for good reason. Quality talent can make a business up to 800 times more productive. But some of the biggest managerial challenges of senior leaders are finding the right talent and encouraging innovative behavior in employees.

Tips 106
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Creating a path from strategy to execution to drive chemical innovation

Sopheon

Chemical companies must become quicker in adapting their strategies to the new normal world and then make sure they execute quickly and swiftly. The post Creating a path from strategy to execution to drive chemical innovation appeared first on Sopheon.

Strategy 105
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Start small and build momentum

Idea to Value

Developing a practice of consistently creating requires dedication and grit. After all, professional creatives get on with the act of creating. But if you are just starting out, this can seem overwhelming. Going from not creating and publishing anything, to feeling the pressure of doing this consistently can scare many people off. Especially if they think that what they are about to produce is not good enough.

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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 Businesses Can Optimize Well-Being in the Evolving World of Work

Business and Tech

As organizations of every size strive to optimize individual and organizational well-being in evolving workplace models, employers are facing greater competition for talent. Mary Imboden, Ph.D. Director of Research, HERO. Sara Johnson, Ph.D. Senior Research Fellow, HERO. According to recent reports, mental health has been identified as the next global pandemic, and rates of burnout are at an all-time high.

Roadmap 130
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On World Environment Day, let’s focus less on the environment and focus more on people.

Christensen Institute

June 5, 2022 marked another World Environment Day. According to the UN Intergovernmental Panel on Climate Change’s latest report , the world still isn’t doing enough to combat human-induced climate change. We shouldn’t be surprised. The report follows John Kerry’s worries about the emissions consequences from a Russian war against Ukraine and the international community’s paltry promises at the most recent COP26 conference on climate change.

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Zen vs. Zoom: Is Person-to-Person Interaction Better for Innovation?

InnovationManagement

The author draws upon the theory of “emptiness” and other principles of Zen Buddhism to evaluate the desirability of remote vs. person-to-person interaction during the course of innovation, especially new idea development. This evaluation is pursued within the context of three related idea process parameters: interdependence, intuition and intensity.

Course 108
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The 3 Most Common Excuses for a Lack of Innovation – and How You Can Conquer Them

Entrepreneur - Innovation

Below are three everyday excuses you may hear in your own organisation that may make your hairs stand on end, and set alarm-bells ringing. Included are some tips on how you can make excuses a thing of the past, while creating real innovation for the future.

Tips 104
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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.