September, 2017

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Jumping to a fresh cycle of innovation design

Paul Hobcraft

I have argued in the past that innovation management needs to radically adjust and needs to be designed differently, it needs to be highly adaptive. In my opinion, it needs to be based on the thinking around the shift from products to solutions, from transactions to building far more value-adding ongoing relationships, from a supplier of product services into highly valued network partnerships, exploring innovation across all options. instead of delivering on discrete elements; this requires man

Design 233
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3 Tactics that Make Innovation Management Easier

IdeaScale

IdeaScale learns from all its best customers, but in our latest interview with Redwood Credit Union we learned three things that make innovation management easier: Pre-Populate Your Campaign. When RCU launched their first campaign that asked for ideas that would help improve the member experience, they seeded that campaign with ideas that they had received in the past.

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Platform models are the new order of business need

HYPE Innovation

We have seen the incredible rise of platforms that have become part of our everyday lives. Be these Apple, Google, eBay, Amazon, Android, Facebook, Microsoft, Alibaba, Salesforce, Uber, Airbnb, PayPal and many more, all becoming some of the hottest companies in value, as they have built out their business on powerful platforms for us to simply connect into and draw down what we value.

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Podcast #022 Paul Sloane – Why Leaders need to be courageous to innovate

Idea to Value

In today’s episode of the Idea to Value Podcast, we chat with Paul Sloane, one of Twitter’s biggest innovation influencers and author of multiple books on the subject, including the third edition of The Leader’s Guide to Lateral Thinking Skills. In this week’s episode, we talk about why leader’s need courage to actually try new things and innovate, and learn some case studies of inspiring leaders who have succeeded in doing just that.

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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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Facial Recognition – Should we be Worried?

Destination Innovation

The new Apple iPhone X uses facial-recognition software (FRS) to unlock the device rather than a pin or fingerprint. Apple’s adoption of FRS underlines the importance of this burgeoning technology. We will likely see a massive spread in the use of FRS which will bring many benefits but some serious risks which we need to start addressing now.

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The False Promise of “Free” Innovation Software

Imaginatik

This week, I was talking with one of our clients about additional ways to leverage our innovation software. I soon learned they had been offered an innovation platform from a competitor for three years, for free. They were tempted to take the offer of “free.” For a day. But then they thought about what they need the platform to do, namely: COLLECT ideas, through engaging employees and other stakeholders.

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Breakthrough Innovation or Disruptive Innovation?

IdeaScale

A breakthrough can be an even bigger deal than a disruption. 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?

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3 innovation types: evolution, preventative and creative

Jeffrey Phillips

I was thinking over the weekend that for years we've positioned innovation incorrectly. Too often we position innovation as creating a new and valuable offering or solution, ready when customers are ready to demand new products and services. In other words, we've positioned innovation as something to do to prepare for future business, future needs and future demands.

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The Top Reasons We Fail to Achieve Our Creative Goals (And How to Stop It Happening to You)

Idea to Value

There are few things more detrimental to a person’s self-confidence and motivation than failure to achieve the goals they set for themselves. Yet this is something that happens to countless people every day. In fact, around 20 percent of business startups in the US do not reach the end of their second year. It does not need to be due to a lack of drive, creativity or passion for your project; sometimes the problem can be quite the opposite.

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3 Ways to Assess and Improve (Open) Innovation Structures

HYPE Innovation

In a previous post I was telling you about engineering an open culture and how tricky this task can be. As research shows, the structures for innovation and open innovation are just as prone to failure, despite sizable investments and the best of intentions. And by structures I mean the physical spaces where innovation takes place and the formal reporting relationships (levels of hierarchy, managers’ span of control, communication patterns) within them.

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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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How innovation can help you conquer the new generations

Exago

A Gallup report shows that US companies lose $350 billion in revenue every year due to employees’ disengagement. In fact, 70 per cent of your employees are probably disengaged. Yet full participation is an emotional commitment that cannot be forced. With the Millennials and Generation Z joining the workplace, the challenge rises: no longer can we believe that it is enough for a company to provide the work, and that an employee’s motivation will come naturally.

Report 154
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Innovation has a hard job to align

Paul Hobcraft

We need to recognize that innovation is one of the hardest things to align to strategy. It’s inherently messy, fairly unpredictable and its team-orientated approach sometimes cuts across borders, challenges different established positions and seemingly conflicting priorities. It often challenges the status quo and can on certain occasions, potentially challenge the stated strategic goals as those ‘disruptive forces’ have not been addressed radically enough.

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Four Ways to Improve Your Creative Confidence

IdeaScale

So, your company is investing in innovation, but do you lack the confidence to be creative? A 2017 Crowdsourced Innovation Report published by IdeaScale noted that more and more companies are embedding innovation initiatives at their organizations. 53% of the innovation programs are focused on leveraging the collective wisdom of employees. The report list below the six innovation priorities that companies are focusing on in 2017.

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Don’t Worry About People Stealing Your ideas

Digital Tonto

"If your idea is any good, you'll have to ram it down people's throats" Related posts: How to Create Ideas that Evolve. (Ideas Having) Sex and the City. All Great Innovators Have One Thing In Common. [[ This is a content summary only. Visit my website for full links, other content, and more! ]].

How To 156
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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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5 Must-Have Traits of Startup Founders

Idea to Value

Entrepreneurs often must find a successful way to differentiate their venture from the competition in a challenging marketplace. This challenge is combined with the goal of trying to make ends meet when expenses are high and income may be low, trying to determine what consumers truly want or need, and more. As the leader of your startup, your unique qualities and personality traits play a critical role in the overall success of your business.

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Creating an Ecosystem of Startup Innovation Within the Enterprise

Imaginatik

Oracle’s new global startup program connects startup companies with Oracle global customers to create and nuture an ecosystem of codevelopment and coinnovation where everyone—the startups, customers, and Oracle—can win. This is a tall task—one that other corporations have promised but failed to deliver. It’s also hard to scale. Corporations working with startups isn’t new.

Report 133
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How to create a culture of collaborative innovation in younger generations

Exago

Millennials and Generation Z are often disconnected from the strategic vision of a big organisation because they cannot see any links between their everyday work and the company's business objectives. Being able to align an individual's everyday work and goals clearly with the organisation’s strategy gets people to think in new ways and imagine new possibilities.

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Choosing your direction of travel

Paul Hobcraft

In the past week or so, I have been looking a little harder at the Chemical and Pharmaceutical Industry relating to innovation, it left me a little frustrated. I felt that warm and fuzzy feeling, as I read all too often those comforting words or platitudes of how “innovation is vital to us” and one of the “highest areas of focus.” Yet as you then listen to the voices of the very leaders within these industries in interviews, or read on blogs, or in discussing what are the challenges they face, i

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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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4 Ways to Promote Innovation Without Crowdsourcing

IdeaScale

The crowd you source from doesn’t have to be outside the company. Crowdsourcing is just one facet of innovation strategy. For some, it may not be the most workable. Perhaps there are legal concerns that make it impossible. Maybe your industry is so specialized you just don’t have that big a crowd to source from. Or perhaps there’s just institutional skepticism to deal with.

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4 Innovation Mistakes That You Really Need To Avoid

Digital Tonto

It’s the ability to identify and solve important problems that transforms disruption into opportunity. Related posts: If You Want To Innovate, Avoid These Myths. Build For The Few And Not The Many. [[ This is a content summary only. Visit my website for full links, other content, and more! ]].

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What percentage of your brain do you really use?

Idea to Value

We have all heard the myth that we only use 10% of our brains. But how close is this to reality? It would be more accurate to say that we only use between 1% – 16% of our brain, at any one time. This is because of the amazing way that our brain is set up to use energy as efficiently as possible. Check out this great video (above) which goes into more detail about how the brain is set up to work, and how this evolution has enabled the unique ability for humans to become creative.

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Context Matters in Successful Innovation

Jeffrey Phillips

I think we often over complicate the work of innovation, because we believe it cannot be simple and straightforward. After all, how can an activity that can disrupt an industry, create compelling new products or services and reap significant riches be simple? To drive all of this change, certainly innovation must be difficult and complex, right? Consultants often benefit from this assumption that innovation is difficult or unusual.

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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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Poking the Box for Innovation

Braden Kelley

One of the best ways to challenge people’s thinking and get a group moving in a direction towards innovation is to get the group to define the box.

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Sweating the Small Stuff

HYPE Innovation

The Tour de France is a gruelling race, clawing your way up mountains, pounding along mile after mile of roads – and all with the whirr of gears and the click of your competitor’s pedals in your ears. Winning the precious yellow jersey, each day is a real feat – and managing to hold on to that lead through time trials, hill climbs and general jostling with the others in the peloton before the final triumphant roll into Pairs is something else.

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What is an Idea Worth?

IdeaScale

The world of ideas is vast, but what’s their value? What’s the value of an idea ? What makes an idea truly valuable? It’s a more practical answer than you might think. What’s An Idea Worth? There is an old adage that there’s nothing new under the sun and it is, to some degree, true. We’ve all heard about the man who invented both the iPod and iTunes in the 1970s or how science fiction authors like Jules Verne or H.G.

Data 150
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The Quantum Age Is Almost Upon Us We And Need To Start Taking It Seriously

Digital Tonto

What the quantum era needs most is not sensationalism and fear, but understanding. Related posts: Quantum Encryption Is Coming Sooner Than You Think. The Time To Prepare Is Now. IBM Is Using The. [[ 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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Interview with WW2 Veteran James Corrigan

Destination Innovation

James Corrigan (born 1924) joined the Durham Light Infantry at the age of 17. He took part in the Sicily landing and the D-Day landing. He was mentioned in dispatches and was awarded the Legion d’Honneur and the Croix de Guerre. Here he recounts some of his memories to Paul Sloane. James Corrigan aged 17. Abridged Interview (27 mins). [link].

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Innovation lessons from Lego

Jeffrey Phillips

In television, an outlandish episode that seeks to introduce revive a series often signals the eventual downfall of the show. Those old enough to remember the TV series Happy Days will remember the episode when Fonzi jumped the shark on water skis. This gave us the expression that something had "jumped the shark", an event signalling an inevitable downfall.

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This is the worst business advice on the internet

Idea to Value

This video, right here, is an example of what I would say constitutes the worst business advice on the internet. Please, DO NOT UNDER ANY CIRCUMSTANCE FOLLOW THIS ADVICE! “But Nick, that seemed like pretty good advice, what’s wrong with it???” Let me explain why… How the internet helps share knowledge. There is no shortage of excellent business advice out there.

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Imaginatik Announces New Full-Service Innovation Contract

Imaginatik

Boston, MA – Imaginatik, the innovation company, is pleased to announce that it has signed a new contract for its full-service innovation offering with a large US-based investment management company. The initial contract is for a three-year term and is valued at approximately $0.5M. This contract will see Imaginatik deliver a comprehensive full service innovation solution consisting of its enterprise innovation software platform and consultancy services, including innovation strategy advisory wo

Software 100
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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