May, 2015

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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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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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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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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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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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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
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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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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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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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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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Zappos Just Pulled Off the Boldest Change Management Move Ever

Tim Kastelle

Why aren’t we mad at the bad managers? Have you heard that 210 people left Zappos at the end of April because they apparently don’t like the new flat management system called Holacracy® that the firm is moving to? I’ll bet you have. In the 12 days since that happened, have you heard that : US Steel announced more layoffs, bringing them to 9000 people cut for the year.

Change 176
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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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Driving Innovation through Employee Engagement - Shift your Focus

Imaginatik

Working with a wide variety of innovation teams, companies, and innovators we hear: We want to “ democratize” innovation. We want to engage employees in innovation. We want everyone to have a say. While these are nice sentiments, something seems to be getting lost along the way to building a true innovation competence. Because people readily understand suggestions, incremental ideas and crowdsourcing, this tends to be the main focus when starting up innovation.

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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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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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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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Navigating the Future: Generative AI, Application Analytics, and Data

Generative AI is upending the way product developers & end-users alike are interacting with data. Despite the potential of AI, many are left with questions about the future of product development: How will AI impact my business and contribute to its success? What can product managers and developers expect in the future with the widespread adoption of AI?

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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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Eric Ries interview: 4 Seeds for planting lean startup in the enterprise

Moves the Needle

Perhaps the most common question we hear is, “How do you get started doing Lean Startup in the enterprise?” Practitioners want to figure out how to get leaders involved; leaders worry about the level of effort required to implement a top-down rollout. We always get a kick discussing enterprise lean startup challenges with The Lean Startup author Eric Ries, so welcomed the opportunity to do so during his recent Kickstarter campaign.

LEAN 49
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Announcing the 2015 Global Innovation Survey

Imaginatik

Though innovation has become an executive imperative, it has yet to mature into an established company-wide core competence at most organizations. To help innovation leaders and forward-thinking companies do better, Imaginatik has launched the 2015 Global Innovation Survey. This research initiative, a follow-up from a similar study in 2013, is aimed at defining the state of innovation in the enterprise in 2015.

Survey 211
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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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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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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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Organizational Debt is like Technical debt – but worse

Steve Blank

Startups focus on speed since they are burning cash every day as they search for product/market fit. But over time code/hardware written/built to validate hypotheses and find early customers can become unwieldy, difficult to maintain and incapable of scaling. These shortcuts add up and become what is called technical debt. And the size of the problem increases with the success of the company.

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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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Could a high street Bank challenge Apple?

Matthew Griffin

. About the Author: Recognized in 2013 and 2014 by the public as one of Europe’s leading Emerging Technology and Disruption Strategy advisers Matthew Griffin is an international speaker and writer who works with global Accelerators, Analysts, Entrepreneurs, Investors, Governments and multi national organizations to help them see, lead and adapt to new business, cultural and societal trends. .

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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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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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New Disruption Study: How Entrepreneurship is Driving Corporate Reinvention

BPI Thought Leadership Commentary

With the inevitable rise of entrepreneurship and startups driving customer innovation, incumbent companies have begun adopting some of their techniques to either catch up or really stimulate transformation within the enterprise. A recent report by BPI Network called “Start-Up Innovation: Inspiring Business Transformation,” examines the impact of digital disruption on global enterpr.

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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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Why Build, Measure, Learn – isn’t just throwing things against the wall to see if they work – the Minimal Viable Product

Steve Blank

I am always surprised when critics complain that the Lean Startup’s Build, Measure, Learn approach is nothing more than “throwing incomplete products out of the building to see if they work.”. Unfortunately the Build, Measure, Learn diagram is the cause of that confusion. At first glance it seems like a fire-ready-aim process. It’s time to update Build, Measure, Learn to what we now know is the best way to build Lean startups.

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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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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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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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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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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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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