HYPE Innovation
JANUARY 21, 2020
The third in HYPE's series on the ten most-often-asked questions about strategic foresight, this post offers guidance, practical tips, and examples of how to build future-proof strategies. Usually, a strategy boils down to four elements: a vision, strategic goals, strategic choices, and key means of execution (e.g., strategic initiatives or must-wins).
Destination Innovation
JANUARY 28, 2020
If you are trying to transform an organisation which is sluggish and risk averse into one which is innovative and entrepreneurial then you have taken on a massive task. One approach is to use the Prosci ADKAR Change Management methodology as advocated by Jeffrey Hiatt and Tim Creasey. It consists of five key stages. 1. Awareness. It is critical for the leader to communicate the need for change and the importance of the initiative.
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Idea to Value
JANUARY 21, 2020
Gary Pisano, a Harvard Business School Professor, wrote an excellent article in HBR last year on the hard realities of what innovative company cultures actually look like, which I highly recommend every aspiring innovator to read. The bottom line? The inspiring and comfortable attributes, such as freedom, low hierarchy, and tolerance for failure that are associated with innovative company cultures are universally appreciated, accepted, and adopted.
Idea to Value
JANUARY 29, 2020
What can Startups and Corporates learn from an obscure 1950 research study on the bodies of 4,063 Air Force personnel? A lot of companies say they put their customers at the heart of everything they do. These are the people who they design their products and services for. The customer is always right …(?). And yet, usually they don’t actually know who their customers are.
Speaker: Chris Townsend, VP of Product Marketing, Wellspring
Over the past decade, companies have embraced innovation with enthusiasm—Chief Innovation Officers have been hired, and in-house incubators, accelerators, and co-creation labs have been launched. CEOs have spoken with passion about “making everyone an innovator” and the need “to disrupt our own business.” But after years of experimentation, senior leaders are asking: Is this still just an experiment, or are we in it for the long haul?
Paul Hobcraft
JANUARY 6, 2020
So do we have a clear understanding of where we are in our current innovation capabilities? We have to establish a way to map our ‘terrain of innovation reality’ in not just how we are performing but what lost opportunities have slipped through. Why well simply because we lacked the awareness to seize on these opportunities when we first spotted them.
Jeffrey Phillips
JANUARY 7, 2020
I like music - but that does not exactly make me a good musician. Over the years I've taken lessons on the piano, tenor saxophone, bagpipes and most recently the acoustic guitar. One thing I've learned is that every competent teacher of any instrument wants you to learn and practice your scales. As a kid I hated scales. Scales are just going up 8 notes and coming back down.
Business Innovation Brief brings together the best content for business innovation and strategy professionals from the widest variety of industry thought leaders.
InnovationManagement
JANUARY 3, 2020
You won't find your office's creativity vampire hiding in the dark supply closet or hanging from the ceiling for a snooze. The post How To Confront Your Office Creativity Vampire appeared first on Innovation Management.
Kainexus
JANUARY 2, 2020
I know what you're thinking. First, What does ROI mean? And second, why and how does increasing ROI create more ROI?
BrainZooming
JANUARY 3, 2020
Innovative ideas and implementation can start without you (or your organization) taking the first step. You can tinker your way into boosting innovation by starting at step two and building on work that others created. Think of the pre-work before you innovate as a fantastic launching pad for new ideas. Boosting Innovation by Starting at Step Two. I saw a fun reminder of this opportunity via the December 2019 edition of Seasons, the monthly food, life, and health magazine from HyVee grocery stor
Exago
JANUARY 24, 2020
A recent report by Accenture has found that fewer than one in eight companies govern innovation extensively. More importantly, those that do have achieved twice the revenue growth of those that don’t. The report, which examines how innovation is and will likely be governed in the future, found that only 12% of companies govern innovation […]. The post Governing innovation extensively doubles revenue growth appeared first on Exago.
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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?
Paul Hobcraft
JANUARY 9, 2020
How often do you feel the tensions surrounding innovation? A tough part of managing within larger organizations is in reducing the layers and competing forces, the underlying tensions that innovation (uncertainty) brings out? Hierarchy so often dominates or dictates the speed of what we do. That is so often set in weird logic and a shrug of the shoulders.
Destination Innovation
JANUARY 9, 2020
Are you creative? I want to show you that you are can be more creative than you might think. Please take a moment to view these three Creativity Challenges on Youtube. Creative Challenge #1. Creative Challenge #2. Creative Challenge #3. Please try the challenges and prove to yourself just how creative you can be! They are taken from six creative challenges included in my new course – Boost Your Personal Creativity.
IdeaScale
JANUARY 16, 2020
Like a lightning strike, quantum innovation often arrives when it’s least expected. We’re used to one form of innovation: the slow, incremental kind, where new features are added and previous ones are refined and updated. What about the other kind, the kind where something terrific comes out of left field? That’s “quantum innovation.” Quantum Innovation: Like Lightning.
Jeffrey Phillips
JANUARY 17, 2020
I've been thinking a lot about the concept of "digital transformation" recently. You can't help but encounter it on Twitter or LinkedIn, in business publications and in discussions with customers and prospects. Everyone wants to know about digital transformation. Admittedly, teaching a class on digital transformation keeps it forefront in my mind. From all of this interaction, I've been wondering which management phenomenon digital transformation will be more like: the ERP adoption of the 1990s
Speaker: Jay Allardyce, Deepak Vittal, Terrence Sheflin, and Mahyar Ghasemali
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.
HYPE Innovation
JANUARY 14, 2020
There is a lot of talk nowadays about purpose, value, and worth at both the individual and organizational levels. Take this recent headline from The Economist: “What Companies Are For.” It’s a profoundly philosophical topic – and one that every company should carefully dissect.
Exago
JANUARY 17, 2020
As we have seen in previous articles, there are 6 essential elements that leaders must bear in mind if they want to compete and thrive in today's business world. These innovation goals should be at the top of any innovation manager's list this year. The post Are these innovation goals on your list for 2020? appeared first on Exago.
Paul Hobcraft
JANUARY 18, 2020
There was a good article within the McKinsey Quarterly published way back in 2007 entitled “Cracking the complexity code,” written by three authors Suzanne Heywood, Jessica Spungin, and David Turnbull. It still has a lot of relevancy in my mind today. They lead this article with “one view of complexity that holds that it is largely a bad thing- that simplification generally creates value by removing unnecessary costs.
Destination Innovation
JANUARY 14, 2020
If you want to lead a transformation in the business, then you have to sell the idea over and over again to people throughout the organisation. In particular, the leader has to answer these questions which are present in people’s minds even if they are unspoken. Why do we need to change? We have already had so much change and now things are starting to go well so why rock the boat?
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IdeaScale
JANUARY 23, 2020
Innovation anxiety can keep your team from doing its best. Whenever demands made on a person, team, or organization aren’t properly matched with the resources needed to address them, stress is the result. Understaffed departments suffer from sloppier work and lower morale. Underfunded teams struggle to hit deadlines and meet quality milestones.
Digital Tonto
JANUARY 12, 2020
Make no mistake. The future will not be digital and digital strategies are unlikely to succeed in a post-digital world that will likely includes not only quantum technologies, but neuromorphic. [[ This is a content summary only. Visit my website for full links, other content, and more! ]].
Jeffrey Phillips
JANUARY 15, 2020
I'm going back to basics for a handful of blog posts - back to what I call the innovation building blocks. In the first blog I wrote about the importance of defining an innovation bias in your culture. In this episode of the continuing series on innovation building blocks, I'm going to be focusing on the importance of an important and unsolved problem or opportunity.
Exago
JANUARY 10, 2020
Innovation is an ongoing process. As such, the sixth and final element for managers to consider to innovate successfully in 2020 is flexibility for change and resilience for survival. The post To succeed in 2020, the 6th element is flexibility and resilience appeared first on Exago.
Speaker: Anindo Banerjea, CTO at Civio & Tony Karrer, CTO at Aggregage
When developing a Gen AI application, one of the most significant challenges is improving accuracy. This can be especially difficult when working with a large data corpus, and as the complexity of the task increases. The number of use cases/corner cases that the system is expected to handle essentially explodes. 💥 Anindo Banerjea is here to showcase his significant experience building AI/ML SaaS applications as he walks us through the current problems his company, Civio, is solving.
Paul Hobcraft
JANUARY 22, 2020
A firm’s ordinary capabilities are the ones that enable us to perform efficiently and effectively, those essential routines and practices that often require having a high level of technical need supporting these activities. In contrast, dynamic capabilities are those higher-level competencies that determine a firm’s ability to integrate, build, and reconfigure both the resources and skills to possibly shape, they have the power to transform, and then be deployed to meet rapidly changing business
Braden Kelley
JANUARY 7, 2020
As part of the leadership team for a new human-centered problem-solving offering for select Oracle customers, I’m always on the lookout for new tools to integrate into our flexible problem-solving process to help clients innovate, grow or transform.
IdeaScale
JANUARY 8, 2020
In our minds, technology and innovation are interconnected. However, for every technological advancement, there seems to be a learning curve or adjustment period as we try to figure out how to implement automation into our daily lives. source: pixabay.com. Sometimes the problem is compatibility with legacy systems, but there are also skills gaps to overcome, decisions about how much tech you need and where to apply it, and coping with business disruption or temporary lags in productivity.
Strategyzer Innovation
JANUARY 30, 2020
A big problem that we often see out in the field is that we humans have a tendency to make a lot of assumptions.
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Jeffrey Phillips
JANUARY 24, 2020
In a short break from my recurring posts on innovation building blocks (see articles on innovation bias , f inding important unsolved problems and discovery and exploration ) I was motivated to write today about demographics and destiny. As a person who really enjoys understanding how the future will unfold, there are few more important trend lines and signals than demographics, yet far too many companies ignore the clear signals that demographic change indicate.
Innovation Excellence
JANUARY 24, 2020
“The job your child will do doesn’t exist yet”, said the young principal from one of Singapore’s most prestigious private schools in a conference I attended ten years ago. Ten years from now a good number of today’s jobs will not exist, a good number of entirely new jobs will be created and ALL jobs.
Paul Hobcraft
JANUARY 15, 2020
The worrying thing is within any dynamics within the system they are dominated by the slow components, and the rapid components simply have to follow along. Look at how larger organizations operate. They will often wait while one part of the organization is reluctant to make a decision, even when their decision is not one that has real implications, it is ‘they’ expect to be within the decision loop.
Digital Tonto
JANUARY 19, 2020
Many predict that China will dominate the 21st century in much the same way that America dominated the 20th. Yet I’m not so sure. First, American dominance was due to an unusual confluence of forces. [[ This is a content summary only. Visit my website for full links, other content, and more! ]].
Speaker: Shalini Dinesh
Effective cross-functional collaboration and communication heavily influence product launch success. Research shows that as many as 70% of product launches fail due to inadequate coordination among stakeholders, including supply chain, product management, legal, marketing, and change control teams (Gartner, 2022). The 2023 Supply Chain Insights Report highlights that 60% of supply chain disruptions are caused by poor communication and misalignment among cross-functional teams.
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