August, 2024

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Only One Type of Innovation Will Win the Future

Innovation Excellence

GUEST POST from Greg Satell Very few businesses last. While we like to think we live in a particularly disruptive era, this has always been true. Entrepreneurs start businesses because they see opportunity and build skills, practices and processes to leverage it. Yet as the world changes, these strengths often become vulnerabilities.

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Top Ideation Techniques for Innovation Programs: A Comprehensive Guide

Qmarkets

Sparking creativity and generating groundbreaking ideas often requires more than just inspiration—it demands a structured approach. Ideation techniques serve as powerful tools for unlocking creativity, enabling teams to think outside the box and explore new possibilities. While some methods like SCAMPER and brainstorming cards are well-known, there are other effective techniques that can greatly enhance your innovation program.

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Revolutionize Your Business Growth through Strategic Partner Ecosystems

Paul Hobcraft

The increasing value of investing in Partner Ecosystems In today’s highly interconnected business landscape, are you fully harnessing the transformative power of partner ecosystems to drive exponential growth and innovation? There are so many avenues of opportunity to explore by taking a wider lens towards Partnering for your business Let me help as a Business Ecosystem Strategist specializing in partner networks, to work through critical challenges that can make or break success in this n

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A Lifeline for Millions

Destination Innovation

Bill Wilson During the Great Depression of the 1930s when people where hungry, depressed and desperately poor one man had a lateral idea which changed the lives of millions. William Griffith Wilson was born 1895 in Vermont. He served as an officer in World War I, and after the war he worked successfully as a stockbroker and as a salesman. However, a deep-seated restlessness led him into a growing dependence on alcohol.

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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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You Are Probably Not Prepared to Innovate

Innovation Excellence

GUEST POST from Greg Satell Becoming a successful executive is a fairly linear path. You start at the bottom and learn to solve basic problems in your field or industry.

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One-way door decisions or Two-way door decisions

Idea to Value

How can you determine if part of your business should be innovated on or not? Many companies and leaders become afraid to make a decision because they are afraid it might not work out. Ironically, not making a decision if often the worst thing you can do, as it is guaranteed not to change or improve anything. At best, you stay at the status quo. At worst, competitors begin to overtake you.

Analysis 268

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What is Business Growth? Definition, Stages, Strategy, and Plan

IdeaScale

Table of Contents What is Business Growth? Business Growth is defined as the process by which a company expands its operations, increases its revenue, and enhances its market share over time. It encompasses a variety of dimensions, including financial performance, customer base, product offerings, and geographic reach.

Strategy 130
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Let’s be clear about Innovation Ecosystems

Paul Hobcraft

Embracing Innovation Ecosystems for Evolution and Revolution My definition of innovation ecosystems is that they, “innovation ecosystems are dynamic, interconnected networks of diverse actors and resources that come together to collaborate to drive innovation opportunity and create a more compelling value.” They are progressively replacing “just” innovation as this tends to be housed in one organization, to be developed and delivered on the resources and insights they hav

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The Unconventional lies beyond the Conventional

Destination Innovation

In his stimulating and provocative book, Four Thousand Weeks, Oliver Burkeman gives this advice – originality lies on the far side of unoriginality. The principle is that if you want to be innovative and unconventional it is probably better to serve your time learning a conventional skill before branching out on your own creative route. Pablo Picasso started with traditional academic art training, but later co-founded the Cubism movement, revolutionizing the way we perceive and represent reali

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Why “Wisdom Work” Is the New “Knowledge Work”

Harvard Business Review

Today the workforce is getting older, and the number of younger workers in positions of senior management is growing. These two developments might appear to spell trouble, in that they seem to set the generations against one another, but the author of this article argues that in fact they represent an important opportunity: If companies can figure out how to enable the intergenerational transfer of the wisdom that comes with age and experience, they can strengthen themselves — and the workplace

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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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Maker’s schedules, Manager’s schedules and why meetings can destroy productivity

Idea to Value

How you prioritise your work is one of the major ways you determine what you get done. Different people require different times and schedules to do their best work. According to influential tech founder and investor Paul Graham in his 2009 essay, there are two major types of schedules that different people require to work effectively: Makers: Makers are the people who are creating new things (whether it is a design, code, innovative solution concept, scientific formula or piece of art) and solvi

Meeting 180
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Why The Future Of Technology Is Always More Human

Digital Tonto

Bill Gates recently wrote that, “The development of AI is as fundamental as the creation of the microprocessor, the personal computer, the Internet, and the mobile phone.” Yet the unspoken problem is that none of those technologies, except for the Internet, had a significant impact on productivity. In fact, since 2005, we seem to be caught in a second productivity paradox.

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Empowering Leaders: How IdeaScale Supports Strategic Customer-Focused Decision-Making

IdeaScale

Have you ever felt stuck in an innovation rut? Great ideas bubble up from your team, but the process of capturing, vetting, and transforming them into actionable strategies feels cumbersome and slow. You know your organization has the potential for groundbreaking innovation, but translating that potential into reality seems out of reach.

Strategy 130
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Seven deadly sins of bloggers

Paul Hobcraft

I am a reluctant blogger, I tend to be someone that ‘reacts’ to others blogs. According to a ‘limited’ feedback I have been encouraged to start my own blog. I might regret this so I decided to provide as my first blog a piece of advise that I will try to avoid falling into, as typical sandtraps: The Seven Deadly Sins of bloggers and aspiring thought leaders that we need reminding about. 1.

Roadmap 130
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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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Delivering Customer Value is the Key to Success

Innovation Excellence

GUEST POST from Mike Shipulski Whatever your initiative, start with customer value. Whatever your project, base it on customer value. And whatever your new technology, you guessed it, customer value should be front and center. Whenever the discussion turns to customer value, expect confusion, disagreement, and, likely, anger.

Project 108
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Are You a Micromanager or Too Hands-Off?

Harvard Business Review

As a first-time manager, you might be unsure of how much autonomy to give your team members. The proliferation of remote and hybrid work makes striking a balance between over- and undermanaging even trickier. Without regular, in-person oversight, micromanagement has increased for some leaders while others are too hands-off, leaving their direct reports to fend for themselves.

LEAN 144
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From ‘BIG’ Ideas to Sustainable Impact at ICL Group

Qmarkets

Discover how ICL achieved $1B+ forecasted ROI using the Qmarkets innovation management platform. We’re pleased to offer exclusive, free access to this strategic report from Harvard Business Review and Harvard Business School, which brings to life ICL’s innovation journey through real-life business data analysis.

Groups 102
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3 Questions Every Change Consultant Should Be Able To Answer

Digital Tonto

The ugly truth about change management is that the traditional change models simply don’t work. They aren’t based on any serious research and have shown themselves, over a period of decades, to fail consistently. Often, organizational change management units are used by consulting firms and vendors to cheerlead a larger engagement. That isn’t to say it’s some sort of con.

Change 158
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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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I Sent a Survey to AI, and the Results were Brilliant… and Dangerous

IdeaScale

AI is everywhere: in our workplaces, homes, schools, art galleries, concert halls, and even neighborhood coffee shops. We can’t seem to escape it. Some hope it will unlock our full potential and usher in an era of creativity, prosperity, and peace. Others worry it will eventually replace us.

Survey 130
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Where consultants contribute to innovation

Paul Hobcraft

I have been concerned for quiet some time about the ‘state’ of the consulting industry when it comes to innovation. There are simply far too many out there offering pieces of the innovation equation. If I was a client I’d be getting fairly hacked off- different people, different approaches, styles, methods of working and that nagging feeling it does not fit any bigger picture.

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Nine Actions for Building a Great Team

Innovation Excellence

Which Resonates with You? GUEST POST from Stefan Lindegaard Building a strong team is a multifaceted journey, and there are several key actions that can contribute to the growth and success of a team. Reflecting on the nine actions for building a great team, which ones do you find your team focuses on the most?

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Research: How to Build Consensus Around a New Idea

Harvard Business Review

Previous research has found that new ideas are seen as risky and are often rejected. New research suggests that this rejection can be due to people’s lack of shared criteria or reference points when evaluating a potential innovation’s value. In a new paper, the authors find that the more novel the idea, the more people differ on their perception of its value.

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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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Thinking and Designing for Business Ecosystems

Ecosystems4Innovating

Thinking & designing Business Ecosystems to build innovation differently Why should we think about the potential within Business Ecosystems? What does thinking and designing for Business Ecosystems mean? Thinking and designing for business ecosystems represents a fundamental shift in how we approach business strategy, innovation, and value creation.

Design 97
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Happy 15th Birthday Digital Tonto!

Digital Tonto

It’s funny how things can turn out. We’re heading in a particular direction, focused on the future and things somehow go awry. We try in vain to get back on track, but instead we end up setting out in a new direction, exploring avenues we scarcely knew existed. Before we know it, we’ve gotten to […] The post Happy 15th Birthday Digital Tonto!

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Data-Driven Innovation: How Analytics Enhance Your Idea Management Process

IdeaScale

Today, innovation is no longer optional – it's a necessity and the lifeblood of success. But for many organizations, the challenge lies in capturing, filtering, and nurturing the best ideas from a sea of employee suggestions, leading to a graveyard of good ideas and missed opportunities.

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Breaking Down Complexity to allow Dynamic Ecosystems for Innovation.

Paul Hobcraft

Navigating Complexity though Dynamic Ecosystems Navigating complexity within the realm of Dynamic Ecosystems. We all recognize that markets are changing, complexity is growing, and challenges are more formidable to manage without extended help. This requires all businesses to face rapidly changing business environments to design their response rates and abilities to react differently.

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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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Breaking Free From Stagnation

Innovation Excellence

GUEST POST from Robyn Bolton As a leader in your organization, you’re under tremendous stress. Not only do you need to deliver against a “growth strategy” that demands constant increases in revenue and profit, but you also need to cut costs and support employees who are more disengaged and burned out than ever before.

Strategy 105
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The Case for College in the Era of Online Learning

Harvard Business Review

Does pursuing a college education still make sense in the age of online learning and AI — when we have access to information for free via the internet? The problem with this question is that it frames college as an information gatekeeper, misunderstanding much of its value. For many, higher education institutions offer more than that: a transformative journey where students can network and develop transferable soft skills that require teamwork and repetition.

Learning 140
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Navigating Innovation and Change with Braden Kelley

Viima

After a well-deserved summer break, we are back with another Innovation Room Podcast episode. In this one, Colin and Braden Kelley discuss the interconnection between innovation and change management, the growing role of sustainability in driving corporate innovation, the impact of emerging technologies like artificial intelligence on business models, and so much more.

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Bridging Generational Gaps: Aligning Organizational Futureview® in the Workplace

Daniel Burrus

Understanding the Generational War As Baby Boomers delay retirement and Gen Zers enter the workforce, many offices have become a veritable battleground of generational values, differing perspectives, and, in some cases, anxiety. This “Generational War,” as it has come to be called, is reshaping the traditional notion of work culture and collaboration, with each party bringing its own expectations regarding work-life balance, communication methods, and technology to the table.

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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.