February, 2023

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The power of ecosystem thinking for resolving the innovation complexity of today

Paul Hobcraft

Applying ecosystem thinking to innovate complex and challenging problems “Opening up our thinking towards ecosystems will have a powerful effect, it alters the way we will approach problems today and in the future, ecosystems offer a greater potential for collaborative growth, impact and sustaining innovating value” Our understanding of innovation is changing; we are evaluating and changing our existing focus from closed (internal orientation) into open and far more collaborative innovation (ext

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Leaders will invest less in transformational innovation due to fears over the economy

Idea to Value

One of the biggest questions I am getting from businesses at the moment is what the potential impact of a recession or the slowdown of the economy might have on their innovation efforts. And according to a new report by Innovation Leader and KPMG USA called “ Benchmarking Innovation Impact, from InnoLead.” (available for download from Tuesday 7 Feb 2023), the outlook shows that there are potentially major problems ahead for innovation teams.

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7 Innovative and Inspiring Examples of Brand Repositioning

IdeaScale

It’s not ideal, but it’s a reality—some businesses hit a point of no return. Their core products are no longer relevant, the wave there are riding has crashed, or their demographic’s needs have shifted. While some businesses throw in the towel, others explore entirely new business models. The brands below slightly repositioned themselves, drastically expanded [.

Examples 264
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We Need To Stop Worshiping Algorithms

Digital Tonto

Humans can be irrational and maddening. Decades of research have shown that, when given the exact same set of facts, even experts will make very different assessments. Some people will be more strict, others more lenient. Some of us are naturally optimistic, others are cynics. A family squabble in the morning can affect the choices we make all day. So it’s not unreasonable to want to improve quality and reduce variance in our decision making by taking a more algorithmic approach by offering clea

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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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Empowering Your Leadership with Emotional Intelligence: Tips for Success

Tullio Siragusa

Empowering Your Leadership with Emotional Intelligence: Tips for Success As leaders, it’s not just about what we know, but also about how we interact with others and manage our own emotions. Emotional intelligence, or EQ, is the ability to recognize and understand our own emotions, as well as those of others, and use this information to guide our thoughts and actions.

Tips 118
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A Guide to Open Innovation Platforms: How to Unlock the Power of Collaboration

Viima

As the world continues to evolve at an accelerated pace, so does our pursuit of innovation. But the growing complexity of this world makes innovation more challenging. It’s no longer a one-person job (if it ever was). Yet, the myth of the solitary genius innovator persists in organizations that still believe that they can innovate alone, with no external help.

More Trending

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Why Open Innovation is the Future

IdeaScale

Innovation is a crucial driver of progress and success in many industries, but traditional approaches to innovation may be insufficient in today's rapidly changing business environment. Open innovation is a new paradigm for innovation that is gaining popularity among forward-thinking businesses. In this article, we will explore the concept of open innovation, its benefits, and [.

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Anchoring: The bias which affects our ability to estimate & negotiate

Idea to Value

When you are about to negotiate, is it better to go first, or is it better to wait for the other person to show their hand and you then are able to adjust with more information? Well, according to the research, whoever provides the first piece of information has a major advantage, as the final agreed number tends to be closer to their initial suggestion.

Study 274
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We are possibly at a series of inflexion points. Here’s one

Paul Hobcraft

A shift in managing differently , a possible inflexion point We are possibly at a series of inflexion points in our current business environment. Here’s one you will be required to address. What seems to be occurring increasingly in many different market spaces is defining an opportunity that directly impacts the current status quo and then seeking to make some radical moves to achieve that differentiation.

Design 189
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Inside-out versus outside-in strategy: Which is better for your business?

HYPE Innovation

As a passionate customer insight strategist, I tend to prefer an outside-in business strategy, meaning one that looks at customers’ latent or hidden needs and translates them into solutions that will serve them. In other words, a strategy that focuses on co-creating value together with your customers.

Strategy 297
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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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We Need To Learn How To Bridge Difference To Drive Creativity And Innovation

Digital Tonto

Our identity and sense of self drives a lot of what we see and do, yet we rarely examine these things because we spend most of our time with people who are a lot like us, who live in similar places and experience similar things. That’s why our innate perceptions and beliefs seem normal and those of others strange, because our social networks shape us that way.

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Five Unicorn Scaleup Strategies

Leapfrogging

Unicorns are privately held companies valued at $1 billion or more. Here’s the secret to Unicorn innovation. I had the chance to connect with a longtime friend and colleague, Matt May. He’s the author of numerous books and an expert on how lean principles can be used to drive innovation. His latest book, What a Unicorn Knows , is available on Amazon and reveals the secrets to building high growth startups.

Strategy 130
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Hyperfast Innovation By Crowdsourcing

IdeaScale

Crowdsourcing has emerged as a powerful tool to accelerate the timeline to innovative solutions. By leveraging the wisdom of the crowd and taking advantage of advances in technology, organizations can quickly leverage collective intelligence and user insights to drive and scale ideation. In this blog post, we’ll discuss what crowdsourcing for innovation is, the benefits [.

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Scott Kirsner & Alex Slawsby – Benchmarking Innovation Impact 2023: Podcast E164

Idea to Value

In today’s episode of the Idea to Value podcast , we speak with Innovation Leader management team of Scott Kirsner (previously on the podcast here ) and Alex Slawsby about the b reaking new InnoLead report “ Benchmarking Innovation Impact 2023 “ We cover the most important data on innovation teams, including the changes in appetite for different types of innovation projects based on the uncertainty in the coming 2023 economy.

Report 251
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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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Benchmarking Innovation Impact, from InnoLead

Paul Hobcraft

credit InnoLead and KPMG I have always welcomed the KPMG LLP-sponsored InnoLead benchmarking report; this is for the third year. I received a note from Scott Kirsner , who leads the team at Innolead, and he offered me a chance to read the report before its official release today at 12 PM ET time and suggested I can post anytime, so here goes. This report provides a definitive innovation benchmarking document for leaders in strategy, R&D, design, and other innovation roles inside large organi

Report 225
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Engaging complex networks: Solving problems that no one's thinking about

HYPE Innovation

We've all seen it. We've all experienced it. Most likely, we were in a group, a small team, or in some form of workshop. Maybe there was a little conflict. Two people looking at the same problem from different perspectives. They realize that they're both right but also wrong; from their perspective, they can only see part of the picture. Then the lightbulb goes on.

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3 Reasons Why Change Fails

Digital Tonto

People like to quote the ancient Greek philosopher Heraclitus, who said things like “the only constant is change” and “no man ever steps in the same river twice, for it's not the same river and he's not the same man.” They’re clever quotes and they give us confidence that the change we seek is not only possible, but inevitable. Yet while change in general may be inevitable, the prospects for any particular change initiative are decidedly poor and the failure to recognize that simple fact is why

Change 218
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ChatGPT on Business Innovation Ecosystems

Ecosystems4Innovating

Discussing with ChatGPT about Business Innovation Ecosystems, their value and progress

ChatGPT 237
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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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The Unexpected Link Between Creativity and Happiness

IdeaScale

While necessity is often touted as being the mother of invention, innovative ideas aren’t only developed in times of need. A variety of studies have identified the link between happiness and creativity. The link between the two is one of the many reasons why a healthy organizational culture should be of greater priority. Let’s dive [.

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How to Be a Valuable Team Player During Times of Change: Strategies for Success

Tullio Siragusa

How to Be a Valuable Team Player During Times of Change: Strategies for Success In today’s constantly evolving business world, change is inevitable. Whether it’s a new project, a shift in leadership, or an overhaul of processes, change can be both exciting and challenging. As a team player, it’s important to understand how to navigate through these changes and support your team and leadership throughout the process.

Change 122
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Innovation Software, is it facing the Innovators Dilemma?

Paul Hobcraft

The Winds of Change- Innovation Software facing the Innovators’ Dilemma In my research, I am getting a real sense that the current Innovation Management Software model is about to be upended and disrupted as per Clayton Christensens’ “Innovators Dilemma.” The book the “Innovation Dilemma” published in 2016 was written by innovation expert Clayton Christensen suggesting even though even the most outstanding companies can do everything right–yet still lose

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The Four Main Types of Business Collaboration

HYPE Innovation

In the same way, you can never go backward to a slower computer, you can never go backward to a lessened state of connectedness.

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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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Self-Righteousness Isn’t A Strategy

Digital Tonto

In The Righteous Mind, social psychologist Jonathan Haidt makes the point that many of our opinions are a product of our inclusion in a particular team. Because our judgments are so closely intertwined with our identity, contrary views can feel like an attack. So we feel the urge to lash out and silence opposition. That almost guarantees a failure to survive victory.

Strategy 190
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Generative AI Won’t Revolutionize Search — Yet

Harvard Business Review

There are major practical, technical, and legal challenges to overcome before tools like ChatGPT reach the scale, robustness, and reliability of Google.

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Using Vision Boards to Innovate Better

IdeaScale

Creating a vision board is an effective way to promote innovation in any organization. They are also a secret to success for entrepreneurs across a variety of industries. Vision boards provide an excellent opportunity to brainstorm, set objectives, and visualize goals. They can also be utilized to maintain inspiration and track progress. Let’s dive into [.

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Lead Scoring in B2B Sales: Transforming the Process with Design Thinking

Tullio Siragusa

Lead Scoring in B2B Sales: Transforming the Process with Design Thinking Lead generation and qualification is a critical aspect of B2B sales success, but it’s also a time-consuming and complex process. With an abundance of leads, sales teams often struggle to determine which ones to prioritize and focus on, leading to wasted time and missed opportunities.

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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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Fears of those unknowns

Paul Hobcraft

The fear of the unknowns explodes upon those not ready When the established order begins to creak and dismantle, seemingly in front of our eyes, those fears of the unknown can kick in, especially if you have been used to managing in an established (slowly) evolving way for most, if not all, of your business life. We seem confronted with rapid change, and it is primarily within the business world related to technology and market uncertainty that is driving this.

LEAN 195
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Strategic Partnership Management

HYPE Innovation

Interestingly, financing is not the top reason for start-ups to pursue partnerships, or even among the top three.

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In 2023, let’s focus on the productive resilience of Nigerians

Christensen Institute

A country is never static. It is either growing or shrinking, rising or falling, and, perhaps most importantly, its people are either prospering or languishing. Unfortunately, Nigeria, over the past decade, has been shrinking, falling, and has seen its people languishing. In 2014, for instance, the country’s GDP per capita was $3,200. Today, it hovers around $2,000.

Policies 110
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With companies cutting budgets — what should innovators do?

Strategyzer Innovation

A few weeks ago, Dana—the Chief Innovation Officer at a large multinational company contacted us. She was concerned her company was cutting costs across the board and her budget for 2023 had been reduced. We started working together in late 2022, designing the company’s innovation ecosystem and taking 10–12 innovation teams through our discovery and validation programs.

Company 107
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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.