July, 2018

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5 Things Managers Should Know About Innovation (But Most Don’t)

Digital Tonto

There is no one "true" path to innovation, but there are basic principles that we can apply Related posts: An Innovation Roadmap. Why Best Practices Can Lead To Better Innovation. A New Breed Of. [[ This is a content summary only. Visit my website for full links, other content, and more! ]].

Roadmap 106
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You need a chief disruption officer, not a chief innovation officer

Jeffrey Phillips

In older times, when kings ruled countries with little input from their subjects, it was easy for the king to exhibit some hubris. After all, the king's family and retinue encouraged the idea of divine coronation - the sense that the king had his power from a divine source and that everything under his domain should pay homage to him. Given this power, it wasn't hard for kings to become a bit deaf to other ideas or suggestions, or the idea that he could be fallible.

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Situational Awareness (Winter is Coming)

Mike Shipulski

Business and life are all about choosing how you want to allocate your time and money. In life, it’s your personal time and money and in business it’s the company’s. If you’ve ever done any winter hiking, you know that it’s important to know the terrain. If there’s a mountain in the way, you either go over it or around it. But there one thing you can’t do is pretend it’s not there.

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The Innovation World is Changing Due to the 4th Industrial Revolution

HYPE Innovation

There are twin forces at work, feeding off each other. We are facing greater disruption and an increasing innovation pace. These are constantly combining, relentlessly adding new shape to our future. We are actually caught up in a very revolutionary period.

Industry 226
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Generative AI Deep Dive: Advancing from Proof of Concept to Production

Speaker: Maher Hanafi, VP of Engineering at Betterworks & Tony Karrer, CTO at Aggregage

Executive leaders and board members are pushing their teams to adopt Generative AI to gain a competitive edge, save money, and otherwise take advantage of the promise of this new era of artificial intelligence. There's no question that it is challenging to figure out where to focus and how to advance when it’s a new field that is evolving everyday. 💡 This new webinar featuring Maher Hanafi, CTO of Betterworks, will explore a practical framework to transform Generative AI prototypes into

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A Revolutionary Idea – Thinking Inside the Box

Destination Innovation

McLean in 1957. Containerization was a massively important innovation which powered the expansion of global trade but it was a difficult idea to implement. Before containerization, goods were physically manhandled as break bulk cargo. At the factory or warehouse goods were loaded onto a truck, driven to a port and then offloaded to await the next suitable ship.

System 202
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The 5 steps for strategic cost-cutting in your innovation agenda

Exago

In times of uncertainty, when business models are challenged, managers and financial directors are bound to cut costs to make organisations more agile, robust and adaptable to change. Leaders with a clear vision then tend to use cost-cutting and improvement to align costs with business strategy, to lower costs, focus on the aspects of the […].

Agile 186

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Ring Fencing Constrains Innovation

Paul Hobcraft

It is the very act of ‘ring-fencing’ we have constrained innovation. We then can limit risk, as well as we are constantly separating it from the center of the company, even though many of us try to push it back towards the core. Innovation remains separate for the clear majority of our companies even today as it is full of unknowns and question marks.

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Why The Future Isn’t Digital

Digital Tonto

It’s time to think less about hackathons and more about tackling grand challenges. Related posts: Why The Future of Digital Commerce Is The Omnichannel. Our Emergent Digital Future. 3 Keys to The. [[ This is a content summary only. Visit my website for full links, other content, and more! ]].

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Study shows a desire for startups and corporates to work more together by 2025

Idea to Value

According to a recent study by the Unilever Foundation , there is a strong desire for corporations to improve their innovation capability by working more closely with startups. Based on the results of a recent survey of 204 corporate brand managers and 114 startups about how their companies planned to collaborate together, the following results were identified: 80% of corporates believe that startups can have a positive impact on a large company’s approach to innovation. 89% startups believe the

Study 117
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For Innovators Rejection comes with the Territory

Destination Innovation

Joanne K Rowling is the British author of the Harry Potter series of fantasy novels which have become the best-selling book series in history with over 400 million copies sold. She acted as screenwriter and producer on the Harry Potter movies which is the second highest-grossing film series ever. Rowling was born in Gloucestershire in England in 1965.

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Leading the Development of Profitable and Sustainable Products

Speaker: Jason Tanner

While growth of software-enabled solutions generates momentum, growth alone is not enough to ensure sustainability. The probability of success dramatically improves with early planning for profitability. A sustainable business model contains a system of interrelated choices made not once but over time. Join this webinar for an iterative approach to ensuring solution, economic and relationship sustainability.

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Societal and demographic signals are more influential than technology trends

Jeffrey Phillips

As innovators, we are constantly entranced by the idea of signals in the marketplace. Signals that indicate new opportunities, shifts in consumer demand, emerging technologies. But so often it's easy to get captivated by the new technologies. This is happening right now, as concepts like "digital transformation", artificial intelligence and blockchain are all top of mind.

Trends 100
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Music for Innovation

IdeaScale

There is a growing body of research that is dedicated to analyzing what kind of music makes an employee work more efficiently, joyfully, or precisely. Here are a few interesting working theories for music in the workplace. Music can help in task efficiency. One study found that if you’re completing repetitive tasks, listening to music will make an employee perform their task faster than a counterpart without music.

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13 Plastic Packaging Alternatives

Innovation Excellence

Why should brands care? Plastics is one of the biggest challenges the world is facing right now. Thanks to David Attenborough’s Blue Planet, consumers are suddenly aware of the thousands of tonnes of plastic filling the ocean. As plastic is so prolifically used, especially in packaging, brands are going to need to act quick to.

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How Blockbuster, Kodak And Xerox Really Failed (It’s Not What You Think)

Digital Tonto

The roots of disruption are always more complex they first appear Related posts: A Look Back At Why Blockbuster Really Failed And Why It Didn’t Have To. How PARC Saved Xerox. Newsweek’s Failed. [[ This is a content summary only. Visit my website for full links, other content, and more! ]].

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Embedding BI: Architectural Considerations and Technical Requirements

While data platforms, artificial intelligence (AI), machine learning (ML), and programming platforms have evolved to leverage big data and streaming data, the front-end user experience has not kept up. Holding onto old BI technology while everything else moves forward is holding back organizations. Traditional Business Intelligence (BI) aren’t built for modern data platforms and don’t work on modern architectures.

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Challenging Orthodoxies – Flying High

Braden Kelley

With a new Top Gun movie coming out soon, I thought this might be an appropriate share.

System 109
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Boost Success: 10 Tricks to Increasing User Adoption

Sopheon

While you are preparing your personalized training plan, keep these ten points in mind to increase user adoption. The post Boost Success: 10 Tricks to Increasing User Adoption appeared first on Sopheon.

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Retail innovation: Trends, challenges and opportunities

hackerearth

Retail giants such as Amazon have literally eaten up thousands of stores world over, capturing considerable market share. Although legacy retailers can blame Amazon (think Prime, Marketplace, Echo, Go, and several patents and acquisitions) for anticipating consumer needs and redefining retail, they have to look ahead and make bold moves to win the eternally disgruntled shopper in a VUCA world.

Trends 81
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4 Great Innovations that Started as Employee Ideas

IdeaScale

The idea for IdeaScale functions on a simple premise: good ideas can come from anywhere. This tenet underpins most of crowdsourcing and all open innovation programs. The idea isn’t new (after all, the very idea of democracy is based on the wisdom of the crowd), but it’s become more and more sophisticated alongside the systems that enable it and more and more powerful as the total population that anyone can reach out to becomes broader and more diverse.

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Turn Payments Into Personalization: Unlock the Value of Transaction Data

Speaker: David Nisbet, Everett Zufelt, and Michaela Weber

Once upon a time, in the vast realm of online commerce, there lived a humble checkout button overlooked by many. Yet, within its humble click lay the power to transform a mere visitor into a loyal customer. 🧐 💡 Getting checkout right can mark the difference between a successful sale and an abandoned cart, yet many businesses fail to make payments a part of their commerce strategy even when it has a direct impact on revenue.

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21 Strategic Thinking Questions to Ask When You Have Nothing to Ask

BrainZooming

I was chatting with someone about what to do when someone asks you a question in a meeting. If you are fine with where everything is heading or you’re not sure what to ask, should you simply say you don’t have any questions? That may seem like the natural answer. I suggested another one: Go ahead and ask a great strategic thinking question. It is always better to respond to a request for questions with a question versus saying you are completely set (whether you are or not) and have no need for

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There Are 3 Ways To Innovate, But Only One Can Win The Future

Digital Tonto

A key factor of success is how you source problems, build a pipeline and, ultimately, choose which ones you will work on. Related posts: 4 Ways Open Innovation Can Drive Your Business Forward. 4. [[ This is a content summary only. Visit my website for full links, other content, and more! ]].

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The Power of the Innovation Retreat Week

Stephen Shapiro

Busy entrepreneurs need to step away from the business in order to grow their business… As entrepreneurs, we are all busy. There never seems to be enough time to complete even the basic tasks we need to accomplish. So, when do we have time to innovate? 5 years ago, I realized that it felt like I was on a treadmill. I was running fast yet getting nowhere.

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To See Your Assumptions Act Like An Outsider

Beyond the Obvious

The problem with trying to be the “outsider” is that most of us aren’t outsiders. We are inside—inside our company, our industry, or our organization. There’s a delicate balancing act between being the person who can speak the confrontational, difficult truths, and the person who can speak these same truths in a way that doesn’t […].

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The Key to Sustainable Energy Optimization: A Data-Driven Approach for Manufacturing

Speaker: Kevin Kai Wong, President of Emergent Energy Solutions

In today's industrial landscape, the pursuit of sustainable energy optimization and decarbonization has become paramount. ♻️ Manufacturing corporations across the U.S. are facing the urgent need to align with decarbonization goals while enhancing efficiency and productivity. Unfortunately, the lack of comprehensive energy data poses a significant challenge for manufacturing managers striving to meet their targets. 📊 Join us for a practical webinar hosted by Kevin Kai Wong of Emergent Ene

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The Value of Having A Curators Platform for Innovators

Guide 4 Innovating

I would like to lay out some thoughts on why we should be considering a curation platform for innovation and the value it can bring to a broader innovation community. These are some opening thoughts that I felt needed to just “hang out there” and see where they take me and clearly, you as a reader. The issue I am reflecting upon is our growing concern that we all are living in a world heading towards digital overload, with the risk of it simply overwhelming us, perhaps we are becomin

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Lessons About Culture and Creativity

IdeaScale

One of our customers recently had the good fortune to hear Adam Grant speak at an event. Adam Grant “has been Wharton’s top-rated professor for seven straight years. He is a leading expert on how we can find motivation and meaning, and live more generous and creative lives. He has been recognized as one of the world’s 10 most influential management thinkers ” and in this presentation, he shared some insights that resonated with both our customers and with us.

Culture 140
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Biased by Design

Boxes and Arrows

Back in the mid-90s, as the personal computer was booming, I was just your fairly average tween with a Skip-It. I spent my summers in the California sunshine counting: 100, 208, 300, 986, always aching to get to 1,000. While my parents worked long past sunset, I played on the sidewalk of my parents’ company, Design Matters. Before it was a podcast, Design Matters—one of the first agencies in the San Francisco Bay area—was my personal experience with design.

Design 76
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The Semmelweis Myth And Why It’s Not Really True

Digital Tonto

To create a real impact on the world is no simple thing. Innovation is never a single event, but a process of discovery, engineering and transformation and those things rarely happen in the same. [[ This is a content summary only. Visit my website for full links, other content, and more! ]].

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How Mature Companies Are Scaling Transformational New Businesses

Scaling transformational innovations in large companies is challenging due to ‘Company Fit’ issues, which arise when the resources, processes, and priorities (RPPs) of the core business are not aligned with the needs of the new business. Many companies have learned how ambidexterity—the ability to both ‘exploit the present and explore the future,’ can help them address these issues for ideation and incubation of new innovations, but scaling transformative business innovations remains a challenge

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Next-Level Customer Loyalty: The Lock-In Effect – Business Model Inspiration #7

whataventure

Research shows that serial entrepreneurs develop business models more successfully than others by building on proven strategies. Innovate like a serial entrepreneur! Enjoy the following business model strategy to boost your creativity. Find more on our Innovation Platform. Business Model Inspiration #7: Next-Level Customer Loyalty: The Lock-In Effect.

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Great Example of Challenging Orthodoxies

Innovation Excellence

With a new Top Gun movie coming out soon, I thought this might be an appropriate share. It used to be in the early days of military aviation that a pilot’s head only served as some level of protection during a crash or a battle. Then with the introduction of radio communications an additional function.

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Top Recruitment Methods to Improve Employee Retention

Innovators Alliance

Considerable time and resources are needed to recruit new employees. From candidate searches to employee onboarding, it takes a lot of effort to find qualified workers who maintain the proper cultural fit for your organization. With so much invested in the process, employers should be looking for any way possible to maximize the retention of team members.

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The State of Innovation in the Financial Sector

IdeaScale

Fintech funding is increasing. Just over a decade ago, we were spending a little over $5 Billion on financial technology – today we’re spending nearly $78 Billion. Why are we seeing that investment accelerate? Because the financial sector is ripe for disruption and investors want to make sure that they’re part of the financial future which is an industry that is estimated to make up 20% of a country’s gross domestic product. .

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How Automation is Driving Efficiency Through the Last Mile of Reporting

Speaker: Jamie Eagan

As organizations strive for agility and efficiency, it's imperative for finance leaders to embrace innovative technologies and redefine traditional processes. Join us as we explore the pivotal role of digitalization and automation in reshaping what is commonly referred to as the “last mile of reporting”. We’ll deep-dive into why digitalization is no longer a choice, but a necessity for finance departments to stay competitive in a fast-paced environment touching on: 2024 trends for the Office of