Innovation Excellence
JULY 15, 2024
GUEST POST from Greg Satell Every enterprise needs to innovate. It doesn’t matter whether you are a profit-seeking business, a nonprofit organization or a government entity, the simple truth is that every business model fails eventually, because things change over time. We have to manage not for stability, but for disruption or face irrelevance.
Harvard Business Review
JULY 22, 2024
Automation has historically impacted blue-collar jobs first, whereas white-collar jobs benefited. The wave of remote work brought on by the Covid-19 pandemic further empowered white-collar workers with more autonomy through remote work. However, generative AI is changing this narrative. Remote workers are now more susceptible to automation due to their tasks being digital and thus more easily automated, but also indicates large potential productivity benefits.
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Idea to Value
JULY 11, 2024
Every time you produce something creative, there is a high chance that it might fail. It doesn’t matter if it is an innovative new product idea, a new song, or a new recipe. Whatever you produce, and no matter how successful you have previously been, it does not mean that customers will want what you have produced. For example, in recent years Hollywood films have more frequently begun to “bomb” at the box office, taking in less ticket sales than was expected.
Qmarkets
JULY 19, 2024
The traditional approach to innovation, often termed “closed innovation,” relies heavily on internal resources and ideas to drive new developments. While this method has led to significant breakthroughs in the past, it comes with inherent limitations. Companies working in isolation may miss out on the vast pool of external knowledge and innovative ideas that could propel them forward.
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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?
Paul Hobcraft
JULY 28, 2024
Designing a Composable Innovation Framework During May and June 2023, I worked through and concluded my thinking on why we needed to change our Innovation approach. A radical change from far to often a linear one, into a new, more up-to-date, and dynamic solution for managing innovation. This solution recognises that innovation discovery all the way through to implementation is now so often non-linear and that is causing plenty of problems connecting all the understandings fully up in one manage
Digital Tonto
JULY 14, 2024
The story of Blockbuster video is one that is often repeated, but rarely understood. The CEO, John Antioco, did not, as is frequently assumed, ignore the Netflix threat but devised an effective strategy to meet it head on. However, tensions with shareholders eventually boiled over, a salary dispute led him to resign and the strategy was abandoned. Antioco’s mistake wasn't a lack of a market strategy, but a lack of a resistance strategy.
Business Innovation Brief brings together the best content for business innovation and strategy professionals from the widest variety of industry thought leaders.
Harvard Business Review
JULY 29, 2024
Humans have relied on generalizations forever as a mental shortcut — and a way of running a business efficiently. But just as advancements in AI are making it possible to move beyond a handful of customer personas to infinitely personalizable products and messaging, they are also revealing to us a broader world full of ever-changing unique detail. Weinberger, a technology philosopher, and Zanini, a business innovation strategist, show us four areas in which the particular is making itself known
HYPE Innovation
JULY 16, 2024
Innovation management (IM) has evolved from merely managing ideas to encompassing the entire innovation lifecycle, including startup and technology scouting, trend management, open innovation, continuous improvement, employee engagement, and innovation portfolio management. This transformation is driven by the need for comprehensive solutions that strategically integrate diverse innovation activities, enabling structured processes and consistent outcomes.
Innovation Excellence
JULY 5, 2024
GUEST POST from Mike Shipulski Efficiency is a simple measurement – output divided by resources needed to achieve it. How much did you get done and how many people did you need to do it? What was the return on the investment?
Paul Hobcraft
JULY 3, 2024
Embracing Innovation Ecosystems for Enhanced Competitiveness In today’s rapidly evolving business landscape, innovation is paramount for organizations to thrive and achieve sustainable success. Traditional approaches to innovation, often isolated and siloed within a single organization, may not be sufficient in addressing the complex challenges and opportunities presented by the modern business environment.
Speaker: Jay Allardyce, Deepak Vittal, Terrence Sheflin, and Mahyar Ghasemali
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.
Digital Tonto
JULY 7, 2024
About a decade ago I made the trip out to see Brian Robertson, the creator of Holacracy, the leaderless management governance method. It was all the rage at the time, with high-flying firms such as Zappos and Medium adopting it enthusiastically. Brian was kind enough to spend a few hours with me, explaining the ins and outs of how it all worked. But even then I was skeptical and I told him so.
IdeaScale
JULY 29, 2024
Amazon Web Services (AWS) is making a significant push into the public sector with a $50 million initiative aimed at sparking innovation in generative AI projects. This bold move is part of AWS's continued expansion in government, emphasizing their commitment to driving technological advancement in public-sector organizations.
Harvard Business Review
JULY 31, 2024
Without knowing the details of a person’s history, employers rely on signals of quality to make bets on who will make quality employees with a strong organizational fit. Resume gaps used to be clear negative signals, but attitudes seem to be changing today. For example, LinkedIn recently adopted a new “Career Breaks” feature in which users can showcase skills acquired during a professional pause.
Destination Innovation
JULY 24, 2024
Here is a quick tip from the online course, How to be a Brillaint Thinker on Udemy. Check it out here: How to be a Brilliant Thinker Read More Books The post Read More Books appeared first on Destination Innovation.
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Innovation Excellence
JULY 8, 2024
GUEST POST from Greg Satell I’ve never really liked the phrase “innovate or die.” Why not, “finance or die” or “sell or die” or even “manage or die?” Clearly every business function is essential and no organization can survive without building some competency in all of them.
Paul Hobcraft
JULY 7, 2024
Open up your CEO’s innovating thinking to make the jump Innovation must rely increasingly on interconnected organizations organized around a central focal point of value and impact. An ecosystem design in thought and design so organizations can act differently on strategies, business models, leadership, and customer engagement to build new value and worth.
Digital Tonto
JULY 21, 2024
When I first moved overseas in 1997, email was still relatively new. There was no social media. Mostly, we communicated by landline and that was expensive. You couldn’t always reach who you wanted to, so things necessarily moved slower. We had to be more thoughtful because we didn’t really have any other choice. Today we live in a much more technological age, where many things move faster and we’ve come to expect nearly instant gratification.
IdeaScale
JULY 28, 2024
Customer feedback is a goldmine of insights for driving innovation. It reveals customer needs, experiences, frustrations, and suggestions – the very foundation for developing groundbreaking products and services. Yet, many companies struggle to translate customer feedback into actionable ideas. This leaves customers feeling unheard and businesses missing out on crucial opportunities.
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
Harvard Business Review
JULY 29, 2024
While working while on vacation isn’t ideal, there may be times when projects, deadlines, or client obligations prevent you from being fully offline. While it’s not easy to balance these competing priorities, it is possible to get critical work done while enjoying some refreshing time off. The key is to do a little pre-planning, making sure to avoid a few common mistakes people make when mixing business and personal travel.
Sopheon
JULY 2, 2024
The Consumer Packaged Goods (CPG) industry is experiencing a period of tremendous change. Shifting consumer preferences, a growing demand for health-conscious options, sustainable practices and ethical sourcing are forcing companies to continuously examine how they approach CGP innovation to stay ahead of competitors. Throw in exterior challenges like nimble startups and volatile supply, and it’s easy to see how difficult the CPG landscape is today.
Innovation Excellence
JULY 24, 2024
GUEST POST from Stefan Lindegaard Organizations face numerous challenges as they grow and evolve. One of the most significant challenges is the Organizational Debt Syndrome, a phenomenon that results from accumulated compromises and shortcuts taken in people, culture, and leadership practices over time.
Qmarkets
JULY 11, 2024
Innovation is critical for businesses of all shapes and sizes, from launching a first product to making a new global acquisition. However corporate innovation is often the most complex and challenging due to its scale and scope. Many organizations face difficulties in establishing effective innovation programs, often due to misaligned strategies, unclear processes, and inadequate tools.
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.
Digital Tonto
JULY 28, 2024
We tend to see change as an engineering problem. There is a desired end state, so we design a logical strategy to achieve it, build a timeline and execute the plan. We expect some obstacles along the way, work to identify sticking points and maybe even devise some plans to address them. It seems that, with some will and determination, we should be able to push through.
IdeaScale
JULY 25, 2024
“This time feels different.” I’ve been hearing this from innovation practitioners and partners for months We’ve seen innovation resilience tested in times of economic uncertainty and geopolitical volatility. We’ve seen it flourish when markets soar and capital is abundant. We’ve seen it all, but this time feels different.
Harvard Business Review
JULY 25, 2024
When idea pitches fail to resonate, it doesn’t always have to do with the merit of the idea, your presentation style, or charisma; the problem could stem from a deeper disengagement in your organization. To make pitches more appealing and increase the chances of ideas resonating, the author recommends engaging three main learning styles that may be in your audience: visual, auditory, and kinesthetic.
Sopheon
JULY 16, 2024
Consumer demand for sustainably produced products is surging, and CPGs must take notice. A recent study from McKinsey and NielsonIQ found that products that make environmental, social and governance (ESG) claims experienced 28% cumulative growth over a five-year period, compared to a 20% rate for companies that made no such claims.
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.
Innovation Excellence
JULY 30, 2024
GUEST POST from Robyn Bolton Purpose. Goal. Mission. You hear these words a lot this time of year. Not because it’s the start of the annual business planning cycle but because it’s graduation season.
Qmarkets
JULY 25, 2024
If you’re running an enterprise idea management or continuous improvement program, you’re probably obsessed with KPIs and metrics. You’ll be eagerly tracking the number of ideas generated and implemented, engagement rates, ROI, and various other aspects of your program. But how do you what numbers are ‘good’ and which are ‘bad’? Without context, any KPI can feel largely arbitrary.
Daniel Burrus
JULY 3, 2024
Right now, we are experiencing technological advancements at an unprecedented rate. From self-driving vehicles to generative AI like ChatGPT, our landscape as both business leaders and consumers is changing exponentially. In fact, I believe that change is too mild a term for the advancements in innovation we are seeing. Technological transformation is far more accurate.
IdeaScale
JULY 22, 2024
The quest for immortality is as old as humankind. From King Gilgamesh in 2100 BCE to Jeff Bezos and Larry Page, the only thing that stops our pursuit of longevity is death. So why don’t we apply this same verve and vigor to building things that last forever? Why don’t we invest in corporate longevity?
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.
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