July, 2015

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Three principles to help you generate better ideas

Jeffrey Phillips

It's interesting to me how little we appreciate the depth of knowledge and discipline that has been developed over the years where innovation is concerned. Recently a client asked me where we (OVO) based our methodologies. I told her that like most innovation consulting firms our foundations are based on work done in the 1930s and thereabouts by Alex Osborn.

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Innovating: So What Is Possible?

Paul Hobcraft

Often we forget to frame what we want to really achieve in our innovation activity, instead we simply dive in and start innovating. I believe until we know what solutions we feel we need or the market wants, we will more often than not, end up disappointed in our innovation solutions. Simply generating ideas, for ideas sake, just does not cut it at all.

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A Strategy Test: Does It Nest?

Matthew May

A few days ago, as I was waiting for an item I purchased in my local Apple store to be brought out to me from the back of the store, I had the opportunity to observe Apple’s frontline strategy be played out in front of me. It revolved around another floor associate assisting a gentleman considering the purchase of an Apple watch. Now, you might be thinking, what possible strategy would or could an Apple associate on the floor really need?

Strategy 184
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Death of the Chief Innovation Officer

Braden Kelley

Among my innovation peers, we have talked about how crucial executive commitment is, and some organizations have responded by hiring Innovation Managers, Innovation Directors, VP’s of Innovation, and Chief Innovation Officers (CINO’s not CIO’s so there is no confusion with … Continue reading →

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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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Which is the Greatest Invention of All Time?

Destination Innovation

Johannes Gutenberg. Which invention or innovation has had the most positive impact on the development of civilisation and the greatest benefit for mankind? A strong contender is the printing press. Johannes Gutenberg (1398 – 1468) was a German blacksmith, goldsmith and printer who invented the printing press and movable type. Before Gutenberg all books had been hand written or stamped out with fixed wood blocks.

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The future of work: leveraging the power of your collective intelligence

Exago

Companies with the most engaged employees tend to have a larger profit margin. Gallup, a global management performance consulting company, also noted that the higher the engagement of all workforce, the greater the earning per share in companies in the. Read More. The post The future of work: leveraging the power of your collective intelligence appeared first on www.exago.com.

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Making an impact on an organization’s innovation environment

Paul Hobcraft

Where do you set about to intervene and begin to change the organizations ability to innovate? There are seemingly so many intervention points it can get bewildering. The innovation environment can be made-up of how well you collaborate and network, the level of group and individual interactions, the presence and commitment of leadership towards innovation, as well as the organizational set-up and structures.

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Nomination Wanted: 2015 Thinkers50

Matthew May

Not until this year’s Thinkers50 nominations would I have ever given the possibility of being nominated a glancing thought. I consider myself to be more of a solid practitioner of others’ ideas than a high-concept thinker. My three areas of focus — strategy, innovation, and lean — are all founded on the ground-level, everyday application of Roger Martin’s Play-to-Win framework (strategy), IDEO/Stanford d school-originated design thinking (innovation), and Toyota-bor

LEAN 158
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Last Chance for Nominations for the 2015 Distinguished Achievement Awards

Braden Kelley

August 1st is the last day to nominate someone for a 2015 Thinkers50 Distinguished Achievement Award.

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Can you innovate with the under-utilized assets in your business?

Destination Innovation

Sometimes the by-product, the surplus or the unwanted extra can become the unexpected success. All it takes is a little imagination. Brandy was originally a by-product used to help transport wine. In the middle ages in France duties were levied on the volume of wine being transported. Merchants boiled off water to concentrate the wine so as to reduce the taxes they paid.

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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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Business Model Innovation? July Retail Deals are the new Black (Friday)

Leapfrogging

In the style of summer action movie blockbusters – a summer battle went down between Amazon and Walmart. Both retail giants offered discounts and promotions to rival those only seen during traditional Black Friday sales. These sales created the kind of hype associated with summer blockbusters and put the marketing punch for the new Terminator to shame.

LEAN 122
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Innovation is a cultural phenomenon

Jeffrey Phillips

There's really no easy way to say this, so I'll come right out with it. It's your culture that's holding you back when you try to innovate, but no one wants to admit that. Most consultants and executives want to focus on interesting innovation tools, or idea management software, or creative design concepts, because these are flashy and new, and distract attention from the real challenge at hand.

Culture 194
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The new threshold of corporate revolution

Exago

First, technological revolutions changed operating models. Next day, reorganised business models. The third wave is now forcing management models to evolve. Tomorrow’s success stories will be those of companies whose DNA and best practices enable them to transform their different. Read More. The post The new threshold of corporate revolution appeared first on www.exago.com.

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What Apple Can Learn From Tires

Matthew May

I am happy to see more and more companies providing product information in a form that is actually meaningful to people. I’m not sure why so many companies delight in listing the technical specs of their products, as if they relate to anything remotely useful to human beings trying to make a decision in the real world. Take, for example, Apple. Nearly all of the information they provide requires at least one step to translate into something meaningful.

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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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13th Annual Change Management Conference Wrapup

Braden Kelley

Recently I had the opportunity to attend the 13th Annual Change Management Conference in New York, NY, hosted by The Conference Board. The event represented a convening of 200+ change management professionals from around the United States.

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Can Africa’s Entrepreneurs and Innovators solve Africa’s Problems?

Destination Innovation

What can save Africa from its many problems; grinding poverty, corrupt bureaucrats, incompetent governments and dire infrastructure? The best hope might lie with the innovations of its home grown entrepreneurs. Many solutions that work in the developed world do not translate well to Africa so indigenous innovations are often a better answer. In some cases they leap-frog current Western offerings.

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Business Model Innovation? July Retail Deals are the new Black (Friday)

Leapfrogging

In the style of summer action movie blockbusters – a summer battle went down between Amazon and Walmart. Both retail giants offered discounts and promotions to rival those only seen during traditional Black Friday sales. These sales created the kind of hype associated with summer blockbusters and put the marketing punch for the new Terminator to shame.

LEAN 100
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What's really happening with innovation day to day?

Jeffrey Phillips

I've seen a number of surveys from many of the leading suspects, all of which tell us a lot about what executives think about innovation. Mostly, they are for it, and think there is much more work to be done. My experience with most large organizations is that executives are so busy with so many different priorities that they often think that more is happening, on all of their priorities, than is actually happening.

Survey 193
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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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How to build and train your internal army of innovators

Exago

We’ve seen how collaboration and collective intelligence are key to shaping your company’s future. Since you’ve not been given an army of trained consultants, you need to find creative ways to build your own. Ongoing training programmes that ‘produce’ innovation. Read More. The post How to build and train your internal army of innovators appeared first on www.exago.com.

Training 118
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This is how launching on Product Hunt for the first time, hammered our expectations.

Board of Innovation

Last week, we launched our Business Model Kit to the Product Hunt community. It was the first time Nick and I launched a product on PH, so this blogpost is a great opportunity to look back on this (great) experience. Our Project Unlike many other projects on Product Hunt, our business model kit is not a new product. We had. Read More. The post This is how launching on Product Hunt for the first time, hammered our expectations. appeared first on Board of Innovation.

Project 87
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Innovation is Human

Braden Kelley

In many ways organizations are like humans, and others have described organizations and organizational change in biological terms before. But this biological context applies to innovation as well, and I’d like to put it forward quickly in simple terms.

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Innovation Requires Dedicated Management

Integrative Innovation

For quite some time, I’ve been advocating the idea that successful and sustainable corporate innovation management systems should be based on the following cornerstones : Organizational ambidexterity : Sustainable innovation management is required to account for organizational ambidexterity , i.e. optimizing existing businesses and developing new businesses have to be driven in parallel.

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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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Comment on 5% of the population; 100% of the conversation by Scott

Stephen Shapiro

Too often people are looking for a freebie. They know that if they complain about a company they will likely get a handout. I know I’ve done it before. It’s a good lesson that we should all be more vocal; especially when a company does a good job. Little words of affirmation go a long way. Especially to the business owner who is working hard to provide a service.

Company 81
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Innovation: We'll know it when we see it

Jeffrey Phillips

I'm back on my definitional soapbox again, so if you've had enough of my diatribes on the importance of defining innovation, I'm sure there's an interesting international market melting down or a distracting political movement somewhere. There. Now that all the folks who aren't interested in defining innovation have skipped away to other destinations, we can get down to serious business.

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Consumer Driven Innovation

Innovation in Practice

Innovation is all about creating products and services that make your company more competitive in the marketplace. Those actions typically include generating ideas , creating prototypes, building the business case, and getting alignment to launch. Marketers must develop a strategy to know where to focus their resources. They must segment, target, and position the offering.

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Curated for you by our team: Mustread innovation longreads

Board of Innovation

Summer is coming, which means most of you take time for a vacation. While some people spend their holiday on a sunny beach, others prefer a ‘staycation’ to relax at home. No matter where you are, summer is absolutely a great time to catch up your reading. That’s why we decided to share some quality reading material with our fellow. Read More. The post Curated for you by our team: Mustread innovation longreads appeared first on Board of Innovation.

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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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10 examples that show the value of cognitive diversity

Hutch Carpenter

In a previous post, the benefits of crowdsourcing were described as follows: When trying to solve a challenge, what is the probability that any one person will have the best solution for it? It’s a simple mathematical reality: the odds of any single person providing the top answer are low. How do we get around this? Partly by more participants; increased shots on goal.

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Looking for words about the future of sustainability

Norbert Bol

Reporting on Corporate Social Responsibility (CSR) and sustainability has grown exponentially. The quality of the reporting has also improved, including historical information and forward-looking statements. A recent study by Aiezza (2015 in press) shows that there is still a strong bias towards optimistic trends when it comes to reporting on sustainability issues.

Report 70
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4 Myths About Crowdsourcing Innovation

Planview

You might have heard that crowdsourcing innovation is really hard to manage. Or that the business value won’t show itself right away, so it’s not worth the time and effort it takes to start a crowd-based innovation program. We’d like to set the record straight. Here are 4 crowdsourcing myths you’ve probably heard — and why you shouldn’t let them stop you from giving it a try. 1.

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What Douglas Adams knew about innovation

Jeffrey Phillips

I'm a huge fan of Douglas Adams and his four part trilogy including the Hitchhiker's Guide to the Universe. I was such a huge fan that I convinced my son to read the books, and now he and I both know that 42 is the answer and we never go anywhere without a towel. If the previous sentence doesn't mean much to you, go read the books. They are worth it, believe me, for their humor, their typical British stiff upper lip response to the word and the paradoxes like the Improbability Drive.

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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.