August, 2015

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Idea challenges: Giving a Voice to New Business Opportunities

Imaginatik

How many ideas fluctuate within your organization without enriching your portfolio or becoming business projects? The vast majority of them are never even voiced, why bother when nothing happens right? Engagement programs are a valuable path to change that dynamic. At Imaginatik, we have developed eight sustainable strategic processes to achieve engaging in ideas and taking them beyond idea to action.

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Never Delegate Understanding

Tim Kastelle

What’s the best way to change something? There’s no easy answer to this question – but if we’re trying to design changes in the way our organisations work, we need to have a deep understanding of what’s going on in them. Design thinking in business is a hot topic right now (see the excellent cover story of the current issue of Harvard Business Review by Tim Brown and Roger Martin for an example).

Design 217
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The most common innovation project failures

Jeffrey Phillips

I had the opportunity to speak to a leadership team that is considering building an innovation capability in their business. I was asked a question I get infrequently, but one I enjoy answering. The question is: what keeps businesses from innovating effectively? The answer that I think most leadership teams want is: good ideas. After all, it's easier to explain away the lack of innovation if you can say that most teams lack good ideas.

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Shifting Radically the Innovation Business Model

Paul Hobcraft

Shifting Radically the Innovation Business Model. I have been spending some significant time on questioning the current innovation business model, from both the customers (clients) perspective and the innovation consultants’ one. Now we all know not all things are equal, many companies have invested significantly in improving their innovation capabilities.

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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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Introducing the Play-to-Win Strategy Canvas 2.0

Matthew May

I started developing a visual tool for team facilitation of strategy development over two years ago, after I learned the Playing to Win framework from Roger Martin. I’ve always liked using good old paper and Post-Its, ever since I learned what was affectionately referred to as “the big paper process” when I was working with Toyota many years ago.

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Delving into a complex world - finding research to help you learn and adapt

HYPE Innovation

"The world has never been as complex, dynamic and uncertain as it is today and the pace of change will only increase." We hear this consistently, our continual problem is trying to make sense of it. To attempt to keep up to date we all need to invest increasing time in acquiring a better understanding, a deeper knowledge of all the interconnected parts.

Learning 188

More Trending

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Why Companies are Turning to Innovation Centres

Destination Innovation

Nine out of ten companies believe that they are too slow to market with new products. In the consumer goods category around 80% of new products fail. Since 2000 52% of the Fortune 500 have merged, been acquired or gone bankrupt. These are some of the reasons why senior corporate executives are increasingly turning to separate innovation labs to spearhead their new product development.

Company 162
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Innovation decreases with knowledge

Jeffrey Phillips

Did the headline of the post grab your attention? Did you think I was going to assert that dumb people are better innovators? Nothing of the sort. However, I think I can positively assert that bringing all of your knowledge to bear on a problem that needs innovation is often exactly the opposite of what you should do. Here's why. If you can solve a problem with all of the knowledge you possess, drawing on everything you know and expect to be true, you are narrowing your range of solutions and ca

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Our inabilities to adapt needs changing.

Paul Hobcraft

Erosion is everywhere, it just seems inevitable, we somehow get caught up in the process of time and our organizations seem to ‘freeze’ before our eyes, then simply age. They become fixed, rigid and locked into their established ways, not adapting to the changes occurring around them. We often give up and leave, moving on to better places and challenges.

Change 196
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The Whole Foods Strategy…Isn’t (Whole)

Matthew May

There’s an interesting strategic play being made by Whole Foods Markets, in the midst of the company’s nearly $2 billion one-day drop in market value a few weeks ago, on the announcement of a shareholder lawsuit. Whole Foods had already come under legal pressure concerning claims of overcharging, but this new lawsuit claims securities fraud. Now, when shareholders file a lawsuit like that, it’s not a good thing.

Strategy 186
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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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Designing an Innovation Management Event – Part 1: Laying the Groundwork to Engage Your Community

HYPE Innovation

Summer is not only an ideal time to catch up on some reading (maybe you remember Tim’s list from March), but also a perfect time to catch up on some skills. Collaborative innovation skills to be precise. Because, as I hope you realise by now, the terms “innovation” and “collaboration” are not mutually exclusive. In the spirit of such practical initiatives, which are not only trending but also good karma for your organization – i.e.

Design 186
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Get More Done

Braden Kelley

What Matters Most Management (WMMM) is the Key to Success Most times you’ll see this posed as a question “What matters most?” as people grapple with finding the meaning of life.

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Adversity can be a Spur to Innovation – as shown by the Greatest of Composers

Destination Innovation

Possibly the greatest composer of all time and certainly the most revolutionary was Ludwig van Beethoven. Before Beethoven classical music was genteel, calm, structured according to strict rules and designed to please wealthy patrons. Beethoven introduced the Romantic Movement with music that was powerful, disturbing and passionate. He composed nine symphonies, five piano concertos, one violin concerto, 32 piano sonatas, and 16 string quartets.

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Should you welcome or fear disruption

Jeffrey Phillips

I was scanning through my Twitter feed when I came upon a tweet where someone was excitedly welcoming disruption in the financial sector. Strangely, it was from an individual employed in the traditional banking sector. This made me think of the old Simpson's show where Kent Brockman, the news broadcaster, is announcing that there are new alien beings taking over the earth, and that he, for one, welcomed the new overlords.

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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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Moving towards a new innovation service model

Paul Hobcraft

The realization that innovation goes way beyond product innovation is a massive hurdle for many of our existing organizations to overcome, certainly in what they are offering today as solutions. We are also witnessing such significant erosion of long-standing practices, established boundaries between suppliers and customers, you get this feeling that everything is blurring.

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The Power Of Story

Digital Tonto

Look at any great enterprise and invariably its mission drives its strategy, not the other way around. And it all starts with a story. Related posts: Top-down vs. Bottom-up Strategy. How to Succeed. [[ This is a content summary only. Visit my website for full links, other content, and more! ]].

Strategy 140
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Self-fulfilling Prophecies and Innovation Success

HYPE Innovation

Having organised a number of innovation management events for practitioners this summer it has (re)occurred to me just how strongly success ties into the psychology of winning. The idea is pretty simple: Do some creative thinking, ideally with a customers’ job(s)-to-be-done in mind, design the long red carpet of success, sew it flawlessly, roll it out enthusiastically, and start walking into the pleasant but eventually rewarding unknown.

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Voting Open for Thinkers50 Top Management Thinkers for 2015

Braden Kelley

Thank you everyone for your nominations for the Innovation category of the Thinkers50 Distinguished 2015 Distinguished Achievement Awards. The short lists for the eight categories will be announced in early September.

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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 Write a Winning Business Proposal

Destination Innovation

The Business Proposal is an essential document not only for Sales people but also for anyone who wants to submit a serious proposition for internal or external approval. The process starts with a thorough understanding of the client’s needs, problems and priorities. If a Request for Proposal (RFP) document has been issued by the client then it must be read carefully.

How To 142
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Day to Day Innovation Survey Results to date

Jeffrey Phillips

Many of you know that we are conducting a survey of innovation practitioners. If you haven't responded, please take ten minutes to provide us your insights. To encourage you and to provide a mid-survey report, I thought I'd reflect on a few findings to date. Remember that we are interested in what the people who are actually "doing" innovation think.

Survey 189
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Technology leads, innovation exploitation is lagging

Paul Hobcraft

There is a growing, perhaps even an overwhelming business case, for transforming the innovation management structure. The new combination is the new connections through people and things (IoT) that we can achieve a new innovation potential. We will obtain increasing more powerful insights that have the real potential of being turned into new innovation outcomes, through the connected businesses we are presently needing to build.

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How The Collapse Of The Cable Business Model Will Bring A New Era Of Television

Digital Tonto

As the cable business model starting to unravel, we can expect an explosion of creative energy that will usher in a new golden age of TV. Related posts: The Future Of TV Is Here. Can Cable Survive? [[ This is a content summary only. Visit my website for full links, other content, and more! ]].

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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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Play vs. work mode

HYPE Innovation

The other day I was playing a board game with my kids and I honestly can say I had the time of my life. Later, I did some self-reflection that resulted in what I wouldn’t call a groundbreaking realization, but it definitely shook my understanding of how I want my life to be. Here it is – I am so much more creative and inspired when I am not at work!

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Living Life by Text Message

Braden Kelley

I did my MBA at London Business School in the United Kingdom and one of the benefits of studying at a top school and being an alumni is seeing all the really cool things that the entrepreneurial alumni coming behind … Continue reading →

Study 133
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Bland Products Upset No-one but Delight No-one.

Destination Innovation

A Negative Reaction is Better than No Reaction. South Park is a highly successful cartoon sitcom created by Trey Parker and Matt Stone for the Comedy Central TV network. The show was launched in 1997 and quickly became notorious for its rude language, minimalist characters and black, surreal satire. It was aimed at an adult audience and poked fun at a wide range of topical or taboo subjects.

Marketing 137
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Barely scratching the surface

Jeffrey Phillips

It's funny to me to read about the impending death of innovation, or how innovation doesn't add any value, or how often you can read about new innovation methods or techniques when most people haven't ingested the basic tenets yet. For all the talk about innovation, for all the "I'm so over" innovation eye-rolling, it would be nice to admit a really simple fact that is as plain as the nose on your face: 80% of the people in most organizations simply don't know that much about innovation.

Culture 181
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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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Anticipating disruption by preparing adaptive pathways to respond

Paul Hobcraft

disruptive innovation pathway options. Option pathways are those viable alternatives available when you are suddenly confronted with the need to change. By being proactive, anticipating and structuring the options ahead you can be more prepared for disruption, you can respond with more thoughtful reactions. Have you ever considered option pathways?

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How Philosophy Can Make You A Better Manager

Digital Tonto

The true value of philosophy in business life is not only that it leads to valuable self reflection, but that it can help us think more clearly about the practical issues we face everyday. Related. [[ This is a content summary only. Visit my website for full links, other content, and more! ]].

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Stop innovation fizzling out due to lack of leadership buy in

HYPE Innovation

I never seemed to have a shortage of ideas but getting the business support necessary to actually drive them through to implementation was at times struggle. We have heard many times over that a tangible and impactful innovation program requires alignment of strategy, vision, leadership, culture, processes, systems and communication. Easy right? We all know it is not that simple, and the truth is, in many cases we find ourselves faced with a business that wants ‘Innovation as a core pillar for g

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Is Innovation a Priority for CEOs?

Braden Kelley

We’d all like to be the best at everything and to make everything a priority, but that’s just not the real world.

Survey 154
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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.