July, 2020

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Where to focus your innovation resources for the most impact

HYPE Innovation

Communities around the globe have been disrupted on an unprecedented scale. As a society, we continue to address the Covid-19 pandemic and its impact on both people and business. We’re considering the damage done, contemplating recovery efforts, and thinking about lessons learned. Beyond the painful personal losses communities are facing, many people worldwide are facing a significant economic recession.

Resources 232
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Sharply accelerating clean energy innovation

Paul Hobcraft

Today the International Energy Agency (IRA) released a long-awaited update on where innovation needs to be in the energy transition we are undergoing. At their own admission, it has been three years since they (IEA) released its last Energy Technology Perspective (ETP) report. Although they argue they have been reflecting on the critical technology challenges, it is way overdue.

Policies 191
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Government Hackathons: Five Steps to Success

IdeaScale

Friendly competition can bring out the best of us, and when developing government innovation, hackathons can help solve certain challenges through crowdsourced innovation and build engagement across your constituency. So how does it work, and how can you hold an effective government hackathon? Set Up Resources A good hackathon gives everyone who takes part in … Continued.

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4 Lessons We Can Learn From The Digital Revolution

Digital Tonto

Probably the most important thing that the digital revolution has to teach us is that technology should serve people and not the other way around. If we really want to change the world for the. [[ This is a content summary only. Visit my website for full links, other content, and more! ]].

Learning 134
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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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5 Key Skillsets of an Innovation Manager

IdeaScale

The role of an innovation manager is diverse. It cannot be described in one single job description. Instead, it is defined by the skills needed to embrace disruption and invoke change. Innovation managers may be referred to by various titles. These can include: Chief Innovation Officer Head of Innovation Innovation Portfolio Manager Some innovation manager … Continued.

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Four Ways to Innovate Right Now

InnovationManagement

While the pandemic has been difficult for all us economically, as business owners, we never run out of opportunities. No matter the business climate, there is always a chance to do something new and something better—you just have to find it. The post Four Ways to Innovate Right Now appeared first on InnovationManagement.

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Celebrate Failures as Much as The Successes

Strategyzer Innovation

In most companies, incentives are tied to success (e.g. sales targets, revenue). But this approach does not work for innovation. In order to succeed at innovation, companies need to build a portfolio with a pipeline of projects and accept that most of these will fail before you find one that works. As such, in order to succeed you can't just incentives and reward the successful projects.

Project 135
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Can Creativity Be Learned? 5 Best Practices to Fuel Innovation

IdeaScale

Do you possess a creative and innovative mindset? Some people think these traits are innate while others are convinced they can be learned. Evidence shows these are teachable behaviors. Innovation research reveals only 25-40% of innovation comes from genes. Are you looking for more ways to fuel innovation? These five skills will help you and your team … Continued.

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Living in the New Reality: The Reinvention Ultimatum

Innovation Leader

Fiona Grandi of KPMG LLP shares a simple framework to reinvent your business strategy across five primary pillars: employees, customers, financial model, supply chain and ecosystem, and unknown-unknowns.

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Moving for work might be a thing of the past with HR-tech enabled virtual immigration

Board of Innovation

The uptick in working from home is eliminating the need for long commutes, suits, and visas, says HR-tech and virtual-immigration expert Anita Lettink. The post Moving for work might be a thing of the past with HR-tech enabled virtual immigration appeared first on Board of Innovation.

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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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Timing of Innovation – Getting the Odds On Your Side

Idea to Value

When it comes to innovation, there are countless ways things might go wrong. However, one of the most prevalent ones is incorrect timing. If you manage to get the timing just right, your innovations will obviously benefit from huge tailwinds when entire industries are transitioning from the old to the new with you riding at the top of the wave. With the right timing, even mediocre execution can lead to extraordinary results.

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Innovation has the power to unlock the Energy Transition

Paul Hobcraft

The energy shifts undergoing in the energy transitions today are allowing real innovation opportunities when you survey the innovation landscape. There is complexity in all the energy transitions going on. Still, it is the ones that can see the possibilities and ‘energize’ through new innovative solutions that hold the future in our hands to capitalize upon as fast as we can.

System 223
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? Knock Your Innovation Program Out of the Park

Business Innovation Brief Submitted Articles

It’s in our nature to support a cause that’s bigger than ourselves—we’re social creatures after all, so we’re at our best when we work together towards a common goal. However, out of left field came the global health pandemic, and collaboration has since taken a major hit at a time when creative ideas and solutions are needed most. That’s because the free-flow of information and exchange of ideas between internal and external stakeholders are the lifeblood of an innovative organization, and now

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Future-Forward Thinking Outstrips ‘Back to Normal’ Mindset

IdeaScale

Disruption is what drives innovation and positive change. Successful innovation strategies include the forward-thinking mindset that helps you move beyond the status quo and develop new ways of thinking. Embrace Change Change is inevitable. It is what keeps businesses moving forward, and helps them gain momentum in times of upheaval. Moreover, change removes the ‘back … Continued.

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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 Innovation Takes More Than Genius

Digital Tonto

The truth is that genius can be exceptionally fragile. Making a breakthrough takes more than talent. It requires a mixture of talent, luck and an ecosystem of support to make an idea into something. [[ This is a content summary only. Visit my website for full links, other content, and more! ]].

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Building trust and personal connections in the Low Touch Economy

Board of Innovation

The last few months were not easy for any professional who, in normal times, relies on being close with their customer. E.g. Sales representatives, fundraisers, recruiters. and still are, reinventing how to do business. We collected plenty of feedback from different industries. The following list can give some inspiration on how to create more valuable interactions.

Industry 144
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Podcast S3E67: Steve Blank – History and lessons of the Lean Startup method

Idea to Value

In today’s episode of the Idea to Value podcast, we talk with Steve Blank, senior innovation fellow at Columbia University, serial entrepreneur and the founder of the Lean Startup movement. We speak about what makes a successful startup, what large companies get wrong about innovation and how he has seen Lean Startup evolve and change over the past few years.

LEAN 236
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Taking Final Ideas to Market is the Hardest Part

Paul Hobcraft

It seems so simple doesn’t it – “bringing final ideas to market”. So easy to say, yet it does seem so very hard to achieve. Everything we should be aiming at is ‘successful execution’, it’s the last, hard five yards of all the work that went into something, which can be finally realized and come to ‘commercial life’. Here in Europe, it is often suggested that “Europe is the cradle of creativity”, perhaps but I think the United States is “the crucible of innovation”, it forges ideas and tak

Marketing 235
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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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Human Creativity: The Critical Survival Skill of the 4th Industrial Revolution that Cannot be Automated

InnovationManagement

While 4th Industrial Revolution technologies are fast becoming the way to go in the world of the "new normal," they are driven by something far superior to robots: human creativity. Let's have a look at the importance of creativity in this article. The post Human Creativity: The Critical Survival Skill of the 4th Industrial Revolution that Cannot be Automated appeared first on InnovationManagement.

Industry 142
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Comfort with Chaos: the Innovation Leader’s Mindset

IdeaScale

Chaos is something many organization leaders try hard to avoid. Generally, employees are expected to perform tasks in an analytical, well-organized fashion without deviating from the plan. But innovation leaders know the value of chaos, and how a certain amount of it is necessary for experimentation. This is what helps a company thrive and grow. … Continued.

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To Drive Change Forward, You First Need To Build A Shared Purpose. Here’s How:

Digital Tonto

Today, most essential element of a leader’s job today isn’t so much to plan and direct action, but to inspire and empower belief in a common mission. Revolutions do not begin with a slogan, they. [[ This is a content summary only. Visit my website for full links, other content, and more! ]].

Change 144
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How do I make a circular economy business model?

Board of Innovation

From pre-production to post-consumption, circular business models are the future of the globalized economy. We've listed three principles you need to follow when creating a circular business model. The post How do I make a circular economy business model? appeared first on Board of Innovation.

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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 S3E68: Scott Anthony – How leaders delude themselves about innovation

Idea to Value

In today’s episode of the Idea to Value podcast, we speak with Scott Anthony, Senior Partner of Innosight. We speak about some of the insights from his upcoming book Eat, Sleep, Innovate , and how the current pandemic is going to change many industries in the near future. Topics covered in today’s episode: 00:02:00 – Scott remembers Professor Clayton Christensen, and his ability to tell stories to explain innovation. 00:05:30 – What does it really take to innovate?

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From MW to GW’s of Renewable Hydrogen using Electrolyzers

Paul Hobcraft

I was listening to a short chat between Armin Schnettler, the SVP New Energy Business, Siemens Energy, and Kevin O’Donovan. Kevin, without doubt, is an outstanding, knowledgeable technology evangelist for all things relating to the Energy Transition. The two briefly discussed green Hydrogen and where Electrolyzers will fit within the future strategy of building a broader Hydrogen business.

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8 Major Challenges Faced By Data Scientists

Acuvate

8 Major Challenges faced by Data Scientists Organizations across the globe are looking to organize, process and unlock the value of the torrential amounts of data they generate and transform them into actionable and high value business insights. Hence, hiring data scientists – highly skilled professional data science experts, has become super critical.

Data 134
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2020 IM Awards: PSA International

IdeaScale

Building an Inclusive Innovation Process. The Need to Innovate at PSA International But prior to 2016, innovation was driven purely by respective business units across the organization around the world and ideas were submitted mainly on paper or through email and manually routed to the relevant subject matter experts. There was no overview of the … Continued.

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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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Meaningful Work in the Age of Automation

InnovationManagement

As we look ahead and reimagine the future of work, augmentation of humans and technology will enable employees to create more meaningful work. The post Meaningful Work in the Age of Automation appeared first on InnovationManagement.

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10 circular business model examples

Board of Innovation

Circular economy business models come in all shapes and sizes, depending on where they occur in the value chain. This diversity is what makes a circular economy dynamic and genuinely circular. This section describes some circular business model examples we think are great. The post 10 circular business model examples appeared first on Board of Innovation.

Examples 136
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Podcast S4E71: Dan Toma – Innovation Accounting and Key Performance Metrics

Idea to Value

In today’s episode of the Idea to Value podcast, we speak with author Dan Toma about the concept of Innovation accounting. Dan is the founder of Outcome and the co-author of the Corporate Startup. We go through how companies should measure innovation performance, and which Key Performance Indicators (KPIs) actually make sense for these types of projects.

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Why its Important to Give Innovators a Stake in Innovation Success

Strategyzer Innovation

To build a portfolio of innovation projects, companies need people that have an entrepreneurial mindset. This is different from the managerial mindset that is needed from people working on your portfolio of existing businesses. Now, imagine an innovator who repeatedly creates new multi-million dollar businesses for an organization but has no real stake in that success.

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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.