May, 2015

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Fresh Air From Students' Open Eyes at ExxonMobil

Imaginatik

I had the pleasure of organizing a special future oriented ideation session for ExxonMobil with students of the Foresight program of the University of Houston College of Technology. Those students did a great job challenging the team of ExxonMobil by simply sharing their vision of the future. This vision is not something that the ExxonMobil team encounter in their day to day work.

Ideation 217
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Innovate your processes before innovating your products

Jeffrey Phillips

I was leading an innovation training session, talking about the reasons for conducting trend spotting and scenario planning prior to idea generation. There are many reasons why I like trend spotting and scenario planning, but it's the sense of understanding what might happen in the future that really resonates with me. I described why we advocate trend spotting and scenario planning as a component of innovation, especially as the expectations of an innovation activity are more disruptive.

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One Weird Thing About Customer Satisfaction

IdeaScale

Here’s one weird thing about customer satisfaction: it may be that your employees have the key to improving it. After all, employees are the people who interact with customers on a day-to-day basis, and are most aware of common concerns amongst customers, as well as improvements that will have the biggest impact. Further, employees have knowledge of the structure and resources of the organization from the inside, so they are better equipped to recommend practical changes.

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Change the World – Step One

Braden Kelley

Do you want to change the world? Even just one tiny corner of your own world? Change often feels overwhelming, scary even, and frequently we don’t know where to begin.

Change 143
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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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Soren Kaplan’s Leapfrogging May Newsletter

Leapfrogging

Why Women are the Future of Business Innovation. 2015 has so far been monumental for women. Hilary announced her run for office, and six women took home the Pulitzer Prize (compared to one female winner in 2014). Yet, when it comes to business, women get screwed. Women make 77 cents for every dollar earned by men. Only 25 CEOs in the Fortune 500 are women, a mere 5%.

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Do Your Internal Functions Have A Strategy?

Matthew May

A significant portion of my strategic facilitation work is with internal functions, a click or two below corporate and business unit strategy: marketing, human resources, purchasing, and even internal strategy groups. There is good news and bad news in this. The good news is that internal functions have recognized the need to be strategic, even if it is because higher level strategies demand supporting strategies.

Strategy 100

More Trending

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Where to focus your innovation effort

Jeffrey Phillips

OVO has done a fair amount of innovation work in the banking and financial sector. As such I would not call us "experts" in the banking or financial services space, but we've spent time there and we are always interested in new ideas that are percolating in the industry. It was with great interest that I read a synopsis of a presentation given at Forum 2015, by the wonderfully named Jeffry Pilcher, who is the CEO/President and Founder of The Financial Brand.

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How to Work Like a Startup

IdeaScale

Startups are some of the most successful and innovative businesses out there right now. Their very nature makes them primed for innovation programs and effective development of new ideas. Even if your organization is not a startup, there are invariably things that you can learn from the models presented by the startup ecosystem. RocketSpace, a tech campus located in the Bay Area, has an open innovation consultancy which is specifically aimed at helping brands understand how startups work, how to

How To 148
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Change the World – Step Two

Braden Kelley

Are you and your organization ready for change? Too often organizations define the change effort they want to pursue without first identifying whether there are people, resources, legislation, etc.

Change 128
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Your Guide to Online Research and Testing Tools

Boxes and Arrows

The success of every business depends on how the business will meet their customers’ needs. To do that, it is important to optimize your offer, the website, and your selling methods so your customer is satisfied. The fields of online marketing, conversion rate optimization, and user experience design have a wide range of online tools that can guide you through this process smoothly.

Tools 111
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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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An immersion in Corporate FabLabs

Rapid Innovation in digital time

FabLabs, and now Corporate FabLabs are soaring. Through the presentation of some Fablabs creators, we realize that, beyond manufacturing tools, they are extensive and sparkling innovation spaces.

Tools 87
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30 Inspiring Insights into Innovation

Gijs Van Wulfen

Yes, Innovation is extremely difficult. You are not the only one who thinks it’s a real challenge. It has been a struggle for me the last 30 years as manager, consultant, facilitator and as founder of the FORTH innovation method. That’s why I love it actually. Because I love to do difficult things. My personal goal is to make innovation less complex so others will be able to innovate their product – and service portfolios and organizations – themselves.

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The problem with corporate innovation

Jeffrey Phillips

If that sounds like a pretentious title, you are probably right, but it's time to start talking about the fact that so many companies simply cannot innovate effectively. Many long standing corporations in the US are simply withering on the vine, unable to respond to changing market conditions, new competitors or changing consumer demands. Past success does not guarantee future success, and by the time many of these firms recognize the need to innovate the opportunity has past them by.

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Starting with a Great Strategy

IdeaScale

More and more these days, great organizations are employing innovation programs. These organizations have come to realize that, in order to stay relevant, it’s imperative to continue evaluating and growing. While deciding to incorporate an innovation program may be an easy decision, deciding the structure and strategy surrounding that program can be more difficult.

Strategy 135
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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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Your Chance to Help Change Change

Braden Kelley

My first book Stoking Your Innovation Bonfire was designed to help organizations identify and remove barriers to innovation, but readers also found it to be a great primer on how to take a structured, sustainable approach to innovation, and as … Continue reading →

Change 128
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This is what an internship in innovation looks like

Board of Innovation

As the years passed by, Board of Innovation saw many interns doing the same. In many companies, an intern, is … just an intern, but not here. That’s why we wanted to highlight what an internship in innovation (at Board of Innovation) looks like. Therefore we did a (small) interview with our latest asset, Simon Fourès who came all the. Read More.

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Why CEOs have Liberal Arts Degrees

Mills-Scofield

Some of today's top CEOs were history, political science, sociology, chinese and music majors in college. They are leading global airline, chemical, healthcare, pharmaceutical, and financial companies, among others. There are very practical reasons for a Liberal Arts degree, and Samanee Mahbub (Brown '18) thinks the reasons are crystal clear. Let's hear it from her. ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~.

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Mentoring as an investment

Boxes and Arrows

Have you ever asked for an update on a project you’d invested a great deal of time and energy in, only to hear “they have completely redesigned it since then”? I did, and it left me with this very empty feeling. After some wallowing, I realized I needed to discover a new way to think about the way I work and what really matters in my consulting career.

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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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What Innovation shares with Humor

Jeffrey Phillips

I had the opportunity to listen to NPR a lot over the weekend. I was driving my daughter to and from her college as the semester has just ended. That meant a lot of time on the road, listening to music, books on CDs and the radio. I've found that NPR is a good source for a lot of my innovative posts, and this weekend was no exception. Matt Diffee, a cartoonist for the New Yorker magazine, was interviewed in a news segment.

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Why Does the Government Need Innovation Now?

IdeaScale

Innovation seems to be the buzzword these days when it comes to technology, business, policy, and everything in between. The Partnership for Public Service, Deloitte, and Hay Group recently released their 2014 report on the Best Places to Work in the Federal Government. The top ranked agencies, NASA, the State Department, and the Commerce Department have remained constant for the past two years.

Policies 135
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Most Companies Fail at Innovation Because…

Braden Kelley

Most companies fail at innovation because they fail at change. There you go, there is the entire article in a single sentence.

Company 147
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How last year’s hottest startup is making money from their ‘free’ HR software

Board of Innovation

Recently, the hottest startup of 2014, Zenefits raised another $500 million and got a $4.5 billion valuation. Time for us to analyse their business model, how are they making money from their ‘free’ HR software? Let’s start with the product, Zenefits is offering free cloud-based HR software to any company. So companies can centralise all of their employees’ information in.

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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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Living Innovation at Merck Serono, by Ulrich Betz

Rapid Innovation in digital time

Dr. Ulrich Betz is Head of Innovation & Entrepreneurship Incubator’ at Merck Serono. Merck Serono initiated recently a great variety of open and participative innovation initiatives: Innospire Idea Competition, Innovation Boost 2015, Innovation Cup, Open Compound, Open Call for drug discovery, and Outcubation.

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Why Language Matters for Everything

Mills-Scofield

How many languages do you speak? Only 7% of American college kids study a language. Think this is a problem? It is a huge socio-economic-global-geopolitical-security one! Amelia Friedman didn't set out to start a business learning languages from her peers - like Bengali, Thai, Tamil. but she has. We need to communicate like never before - and language is how.

Culture 63
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Innovating against conventional wisdom

Jeffrey Phillips

I love those funny insightful quote from people like Yogi Berra, who was either an unrecognized cosmic genius (When you get to a fork in the road, take it) or perhaps occasionally just full of malapropisms (Nobody goes there anymore, it's too crowded). Likewise, I think, we innovators should think about how and where we choose to innovate. Another (baseball) related quote sums this up perfectly.

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Innovations in Measuring and Managing Drug Addiction Treatment

IdeaScale

The National Institute on Drug Addiction has issued an exciting new challenge that breaks the boundaries between research specialties to improve the quality of drug addiction treatment. The Challenge, including the official rules and submission criteria, can be seen here: [link]. Group and individual submitters are competing for part of a $100,000 prize pool.

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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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Stop Treating Business Model Innovation As Change Managment

It's Saul Connected

There’s plenty of time for change management once we’ve demonstrated new models worth changing into. Exploring and testing new business models is strategy development before it’s change management. Business model innovation is a persistent and generative exploration of entire new ways to create, deliver and capture value. Leaders vested and working in the core must be prevented from leaning against and blocking ongoing R&D for new business models.

Change 60
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Making Innovation a Habit

KindlingApp

What do losing weight, getting organized, and spending less while saving more have in common? They were the top 3 New Year’s resolution for 2015. At year-end, only 8% of people will be successful with their resolutions. In between juice cleanses and avoiding the seasonal sales, we find ourselves reverting back to old ways. Why? Most of us do not turn our resolutions into habits.

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The Banks Guide to scouting Fintech

Matthew Griffin

“Four of Europe’s largest banks reveal their Fintech scouting strategies and with one exception their approach won’t come as a surprise. As an Entrepreneur you’ve worked 247 365 and seen your bank balance dwindle. Attention is your oxygen so what can you do to stack the odds of being noticed in your favour? ”. To an Entrepreneur attention is oxygen so imagine the electricity that flows through a room when you put thirty budding European Fintech Entrepreneurs in the same room as senior executives

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The Innovation Challenge

Leanstack

Whether it’s getting the green light on a new venture or securing an additional round of funding, entrepreneurs and innovators are constantly faced with the challenge of demonstrating progress to their stakeholders. Up until now, we have typically relied on two measures of progress: how much stuff we’re building and how much money we are making.

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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.