November, 2022

article thumbnail

3 Important Things That Monkeys Can Teach Us About Business And Life

Digital Tonto

G. H. Hardy, widely considered a genius, wrote that “For any serious purpose, intelligence is a very minor gift.” What he meant was that even in purely intellectual pursuits, such as his field of number theory, there are things that are far more important. It was, undoubtedly, intellectual humility that led Hardy to Ramanujuan, perhaps his greatest discovery of all.

article thumbnail

What makes the Innovation Ecosystem different?

Paul Hobcraft

In the past few months, I have been writing consistently on the need to change our innovating process, thinking and designs into Innovation Ecosystem ones. Source: tmforum.org. In October, for example, I wrote, “ Why do we need to change our thinking about innovation “ I continue here with some more arguments of “why” we need to move towards an innovation ecosystem in design and thinking.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Do you have plans or planners?

Jeffrey Phillips

I'm diverging a bit from my normal focus on innovation and strategy to write a brief piece on planning. You see, planning is vital for strategy and for innovation, and is so ubiquitous that no one in corporate America believes that they lack for planning. Planning is vital for innovation because planning is the concept of thinking ahead - getting ahead of the market, of competition, of customers.

Agile 265
article thumbnail

Balancing your innovation portfolio: Does the 70-20-10 rule still apply?

Idea to Value

How much of your innovation budget and innovation efforts should focus on improving your existing business, and how much should seek to explore and transform your business for the future? This is one of the fundamental strategic questions which every business leader needs to consider. One of the best ways to assess what proportions your company should allocate to different types of innovation projects is by looking at your current and desired innovation portfolio.

Project 292
article thumbnail

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?

article thumbnail

8 Misconceptions about Minimum Viable Products

IdeaScale

One thing consistently successful innovation programs do, is test their concept during the development process. Whether physical or intangible, it’s rare that a final product is precisely what you initially envisioned. During the development process, your product is likely to evolve. While the end objectives remain the same, they may be expanded or revised.

article thumbnail

Why Your Idea Will Probably Fail To Survive Victory

Digital Tonto

In the two decades I have been researching transformation and change, the failure to survive victory is probably the most consistent aspect of it. In fact, it is so common you can almost set your watch by it. Amazingly, no matter how many times change advocates experience it, they rarely see it coming. Many, in fact, seem to take pride in how many battles they have lost, seeing it as some kind of badge of honor.

Policies 215

More Trending

article thumbnail

The linkages of innovating purpose

Paul Hobcraft

The linkages of innovation purpose. Whenever I get into conversations about innovating, we always hit difficulties on the question, “how can I build this well and be sustainble?” Hence, I often try to build an extended narrative for what makes up the innovation capability building and understanding for the future. I frame this as the linkages of innovation purpose.

article thumbnail

L.I.V.E. (Lean Innovation, Validation & Execution): A new, more effective way to manage multiple innovation projects

Idea to Value

This new management method makes it nearly impossible for innovation teams to fail at delivering multiple challenging innovation projects faster, with less risk and lower required budgets. Most innovation experts often say that traditional management processes are not the way to run innovation projects. And this is true. Traditional project management and financial management processes and principles are designed to produce robust plans for exactly how a project should run, and select only proje

Project 250
article thumbnail

E-Bikes Are the New Green Mobility Solution

Business and Tech

Sara Wainer, who manages business priorities and communications for the USA market at Specialized Bicycle Components, discusses the importance of zero-emissions vehicles and the future of e-bike transportation. Sara Wainer Executive Assistant (USA), Specialized Bicycle Components. What does the future of transportation look like in the coming years?

Data 246
article thumbnail

Time for Innovation 2.0

Jeffrey Phillips

I've been writing about innovation for close to 20 years. During most of that time, I've had the good fortune to lead innovation projects for clients as well. The work I get to do, and the material I see online and read in (yes, I still read paper magazines) has provided a lot of fodder for this blog over the years. There are kids out there, getting ready to graduate from college, who were just being born when I started doing innovation work.

article thumbnail

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.

article thumbnail

We Can’t Define The Change We Want To Pursue Until We Define Who We Want To Be

Digital Tonto

Today, we stand on the precipice of a new paradigm. We’ve suffered through a global financial crisis, a pandemic and the most deadly conflict in Europe since World War II. The shifts in technology, resources, migration and demography are already underway. The strains and dangers of these shifts are already evident, yet the benefits are still to come.

Change 239
article thumbnail

12 open innovation best practices for the year to come

HYPE Innovation

Did you know that not that long ago, drones were one of the bestselling Christmas presents ?

article thumbnail

Try Something Different

Destination Innovation

“If you always do what you’ve always done, you always get what you’ve always got.” This trite saying crops up all over the place. It is variously attributed to Henry Ford, Albert Einstein, Tony Robbins, Marian Diamond and several others. The trouble is that it just is not true. The world changes. It is volatile and uncertain. Things which worked well last year might work better this year but, more likely, they will work worse or not at all.

Marketing 154
article thumbnail

If you want someone to make a decision, give them fewer choices

Idea to Value

We often think that giving people more choices is better than having fewer choices. After all, wouldn’t we all want to have the option of getting something perfectly suited to our desires, than having to settle for what is available on the shelf? However, research has shown that if you want people to make a decision, sometimes having too many choices can make people less willing to make a decision at all.

article thumbnail

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!

article thumbnail

When Not to Innovate

IdeaScale

While many of your products and services will need to evolve, not every wheel needs to be reinvented. Or, not at the present moment. In your effort to maintain your competitive edge, you and your team are sure to be brainstorming what’s next. While ongoing innovation is essential for sustainability, you must ensure you [.].

article thumbnail

Surrounded: When disruption hits on all sides (Part 2)

Christensen Institute

In Part 1 of this blog series, I highlighted that disruption in health care is increasingly present at many points along the consumer value chain. Key takeaways to recall from that first post are as follows: Disruption doesn’t stop where it starts. New entrants are rewriting the rules of competition and have asset-light business models with which incumbents must now compete.

article thumbnail

What You See Is How You’ll Act

Digital Tonto

Take a moment to think about what the world must have looked like to J.P. Morgan a century ago, in 1922. The disruptive technologies of the day, electricity and internal combustion, were already almost 40 years old, but had little measurable economic impact. Life largely went on as it always had and the legendary financier lorded over his domain of corporate barons.

article thumbnail

How Generative AI Is Changing Creative Work

Harvard Business Review

It may soon be standard practice for AI tools — such as GPT-3 and DALL-E — to provide first drafts of emails, articles, reports, blog posts, presentations, videos, and more.

article thumbnail

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

article thumbnail

Why Humility Is Key to Being a Successful Leader

Tullio Siragusa

Why Humility Is Key to Being a Successful Leader. Humility can be an important quality for a leader to have, especially CEOs. It can help them be open to hiring people who are more skilled or knowledgeable in certain areas. . This can be particularly important for building a strong team, as it allows the CEO to surround themselves with individuals who bring a diverse range of expertise and experience to the table.

Culture 98
article thumbnail

Why Facebook needed to let go of 13% of their workforce

Idea to Value

While the massive layoffs at meta are terrible, it sadly shows one of the major issues that companies struggle with when they try to grow and innovate too quickly … facebook tried a huge number of innovation projects which failed. But this was not the problem. As I read in a wonderful WIRED article : Remember Libra, Meta’s ambitious plan to enter the cryptocurrency market?

Project 251
article thumbnail

How to Build and Maintain a Strong Company Culture

IdeaScale

Company culture is more than just a mission, vision, and value statement. It's a set of shared values, beliefs, and expectations that serve as guiding principles for everyone in an organization. Culture is the glue that holds the company together and keeps it strong. It influences how employees interact with and engage one another, [.].

Culture 130
article thumbnail

Only out-of-the-box solutions will tackle the root cause of what ails schools

Christensen Institute

As members of the media have bemoaned the tragic results of students on the latest National Assessment of Educational Progress (NAEP)—also known as the nation’s report card—many have been all too willing to jump into the game of who is responsible. Yet, few have sought innovative solutions to change the fundamental underlying reality: today’s schools were not built to maximize each and every student’s learning.

article thumbnail

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.

article thumbnail

The Meaning of Hoshin Kanri: What, Why, and How

Kainexus

We are fortunate enough to get to spend a lot of time chatting with customers and other organizations that are interested in continuous improvement about how they approach the need for constant positive change. Many techniques that are used in the Lean and Six Sigma management approaches come up during these conversations, but one which seems to be less understood than many others is Hoshin Kanri.

LEAN 101
article thumbnail

4 Reasons Why Looking 'Different' Helped Me Become a Stronger Leader

Entrepreneur - Innovation

People who feel like they don't "fit in" often struggle in social situations. Yet, this plight can also be the single best developer of leadership skills any ambitious, hard-working entrepreneur could hope for.

article thumbnail

A Day in the Life of Analytics Engineer, Kaley Coddens

Planview

At Planview, we truly believe anything is possible when people work together on the things that matter most. When we break down silos and collaborate across all levels, functions, and borders, we see our people succeed. When our people succeed, so does our business. Our analytics teams play a central role in collaborating with teams across the enterprise and supporting our global teams.

article thumbnail

Nine pregnant women cannot deliver a baby in one month

Idea to Value

Some things just take time. Traditionally, one of the best ways to speed up the delivery of a project is to allocate more resources to it. After all, if one construction worker can lay 1,000 bricks in one day ( note, this is just a guess… ), then a hundred construction workers could lay up to 100,000 bricks in a day, meaning the project would only take 1/100th of the time to complete ( assuming the project outcome is supposed to just be a pile of bricks… ).

Project 245
article thumbnail

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.

article thumbnail

The Emotional Labor of Being a Leader

Harvard Business Review

Many organizations fail to adequately prepare leaders for — or support them in — this critical part of the job.

article thumbnail

How Daystar Power is empowering Africa’s energy market

Christensen Institute

As I’ve recently highlighted in my latest blogs , there is great entrepreneurial opportunity in Africa’s electricity market: Africa’s mass nonconsumption of electricity is ripe for market creation. Daystar Power is one such market innovator that jumped on this opportunity in 2017, and in a signal of its success, was acquired earlier this year by the multinational oil and gas company, Shell. .

article thumbnail

How to Align Continuous Improvement with Strategic Goals

Kainexus

One might think that any organization with leadership and employees dedicated to continuous improvement would slowly trend toward success. However, it takes more than a desire to implement positive change to get there. Continuous improvement is part of a strategic process that advances critical goals and objectives. Organizations that demonstrate operational excellence are aligned and working toward the same ends.

How To 97
article thumbnail

3 Startups Making a Big Difference with Small Innovations

Entrepreneur - Innovation

Most innovation is not a game-changer or breakthrough in nature. It is about creating novel and valuable solutions to problems and small but effective adaptations to processes, ways of working and models.

article thumbnail

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.