June, 2023

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10 Key Strategies to Get the Most Out of Your Idea Management Program

HYPE Innovation

In today's competitive business environment, effective idea management is essential for driving innovation and staying ahead of the competition. But how can you ensure that your idea campaigns are producing results?

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Gaining a Different Perspective on Innovation through Platforms, Blocks, and Stack Designs

Paul Hobcraft

Innovation is a complex process that requires effective connections and collaborations among individuals and teams. Stepping back, I want to draw down on a series of perspectives I have found invaluable to me. A very inspirational article by Larry Schmitt on the Innovation Stack, the depth of work that Sangeet Paul Choudary has explored around Platforms and his Building Block Thesis built out further on numerous views have been researched for building out innovation stacks, building blocks, and

Design 182
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4 Things I’ve Learned About Ideas

Digital Tonto

One of the toughest things about ideas is that they can only be validated forward, never backward. You never know if you have the right idea until it’s been tested in the real world and, even then, there could be some confounding factor you may be missing. As Kevin Ashton put it, “Creation is a long journey, where most turns are wrong and most ends are dead.

Learning 202
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Egocentric Bias: Why your thoughts matter more to you than anyone else

Idea to Value

Have you ever had a situation where you felt like you were not getting the credit you deserve for your contributions? Or have you ever wondered how other people seem to not understand how good an idea that you had was? Then you might be suffering from a cognitive bias known as the Egocentric Bias. What is the Egocentric Bias? Egocentric bias is the tendency for people to rely too heavily on one’s own perspective, and/or have a higher opinion of oneself than is actually true.

Study 185
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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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3 Steps to Prepare Your Culture for AI

Harvard Business Review

The platform shift to AI is well underway. And while it holds the promise of transforming work and giving organizations a competitive advantage, realizing those benefits isn’t possible without a culture that embraces curiosity, failure, and learning. Leaders are uniquely positioned to foster this culture within their organizations today in order to set their teams up for success in the future.

Culture 120
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The Power of the Right POS Platform

Business and Tech

Swapping out an outdated legacy point-of-sale solution sounds intimidating. But the benefits of a modern, cloud-based unified POS and payments platform can’t be ignored. Ana Wight General Manager of Retail, Lightspeed “When you integrate your payments with your commerce platform, you take out a lot of manual steps, a lot of errors.” The world is enduring a period of economic uncertainty — 85% of U.S. small businesses are concerned about a looming recession, according to the Small Business &

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The Potential Returns of the Composable Innovation Enterprise Framework

Paul Hobcraft

I proposed a new Framework for managing innovation this week, called the Composable Innovation Enterprise Framework. This is approaching innovation and its management in more of a holistic, technology-enabled way based on the use of a cloud-enabled Platform and Ecosystem thinking and design. The thrust of the framework is “ Organizations can create a more comprehensive and effective innovation ecosystem by utilizing building blocks as components of the innovation stack, guiding platform de

Agile 182
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Innovation Should Serve People, Not The Other Way Around

Digital Tonto

These days, innovation has become, far too often, solipsistic and self-referential, pursued for the glory of the innovators themselves rather than for the benefit of anyone else and there is increasing evidence the venture-funded entrepreneurship model is crowding out more productive investments. We need to move away from hype and focus on impact. Because digital technology has become so pervasive, offering a substantial architecture that lends itself to tweaking, we’ve lost the plot.

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Nick Skillicorn selected as the #1 thought leader on Creativity

Idea to Value

I just wanted to share some quick news. I was honoured to find out that I was recently selected by Thinkers 360 as their #1 Thought Leader and Influencer on the topic of Creativity.

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Expectation can Improve Creativity

Destination Innovation

In his book, The Expectation Effect , David Robson produces a wealth of research to demonstrate that our expectations have remarkable power to influence the mind and the body. People who believe ageing brings wisdom live longer than those who do not. Lucky charms really can improve the performance of athletes. Even when people know that the pill they are taking is a placebo, their health benefits.

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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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How Melinda Emerson Is Educating and Empowering America’s Entrepreneurs

Business and Tech

Melinda Emerson, AKA SmallBizLady , is a leading expert on small business and becoming your own boss. We asked her about the current climate for entrepreneurs looking to start their own businesses and any advice she had for those looking to forge their own path in the business world. Now that COVID is pretty much in the rearview mirror, is this a good time for budding entrepreneurs to take the leap and start their own businesses?

Marketing 246
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What is Incremental Innovation? Definition, Examples, Process and Best Practices

IdeaScale

What is Incremental Innovation? Incremental innovation is defined as the continuous improvement and advancement of existing products, processes, or services within an organization. It involves making small, gradual changes or enhancements to existing offerings to enhance their performance, functionality, efficiency, or user experience. Unlike radical or disruptive innovation that introduces completely new and [.

Examples 130
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Visualizing the Composable Innovation Enterprise Framework

Paul Hobcraft

After a series of posts introducing and explaining the thinking and design behind the Composable Innovation Enterprise Framework, I thought it would be a good idea to put this into a sequence of visuals that should take you through this to provide a decent understanding of its make-up and logic. Organizations in today’s business environment need to adapt rapidly and dynamically, have the need to bring the innovation management process into a constant technological advancement, and be more tailor

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Why Change Does NOT Have To Start At The Top

Digital Tonto

The simple truth is that change rarely, if ever, starts at the top because it is people with power that create the status quo. They are attached to what they’ve built and take pride in their accomplishments, just like the rest of us. That’s why, to bring about genuine change, you need to mobilize people to influence institutions. At a pivotal moment during the height of the civil rights movement, Robert Kennedy, Attorney General of the United States and brother to the President, would turn to th

Change 177
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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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Evidence that children are more creative than adults (and the opposite)

Idea to Value

There is an old adage that children are more creative than adults. That in order to become more creative, you should reconnect with your “inner child” Yet what does the science and research say? Are children really more creative than adults? The answer is a little complicated. How children are more creative than adults Numerous research studies have found that children can be much more creative than adults in certain instances.

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How to Create an Impactful Innovation Environment

HYPE Innovation

The culture and atmosphere in a team can either stimulate a spirit of innovation or destroy the thirst for it. How can you create and positively influence your organization's innovation environment to foster collaboration and interaction and ensure you maximize the potential for success?

How To 130
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How Dental and Vision Benefits Help Employees and Their Families

Business and Tech

A lack of dental and vision care can affect overall employee well-being. And companies, both large and small, also feel the impact with lowered productivity levels — as well as negative effects on employee retention and attendance. Just consider this alarming statistic from the Centers for Disease Control and Prevention (CDC): “More than $45 billion in productivity is lost each year as a result of dental emergencies requiring unplanned care.

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What is Product Ideation? Definition, Process and Best Practices

IdeaScale

What is Product Ideation? Product ideation is defined as the process of generating, developing, and refining new product ideas with the aim of addressing customer needs, solving problems, or offering unique value propositions. It involves activities such as brainstorming, market research, trend analysis, and user feedback collection to generate a wide range of [.

Ideation 130
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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 implementation of the Composable Innovation Enterprise Framework?

Paul Hobcraft

How difficult would it be to embrace this Composable Innovation Enterprise Framework, as it is often argued that most people want to keep innovation management and its process simple? I wonder if that is the current incumbents, be these current innovation management software providers or individuals inside the organizations resisting change, as it brings significant uncertainty of change and disruption to the (inadequate) process, one that I feel is not fit for today’s and tomorrow’s

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Change Starts With Empathy (Even For Your Enemies). Here’s Why:

Digital Tonto

As I explained in CASCADES, there were myriad reasons for #Occupy’s failure. One of the gravest errors, however, was the insistence on ideological purity and the lack of any effort to understand those who had different ideas from their own. If you expect to bring change about, you need to attract, rather than overpower. Empathy is a good place to start.

Change 160
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Can creativity training really improve your creativity?

Idea to Value

Some people still debate whether creativity is something which only certain people are born with, or whether it can be developed in everyone. Well, we have already previously seen that creativity is determined more by our nurture (upbringing) than by our nature (genes we are born with). However, we have also seen that children appear to be more creative than adults , and that divergent thinking creativity rates fall as we age.

Training 221
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Companies That Replace People with AI Will Get Left Behind

Harvard Business Review

Companies are integrating AI into their operations so quickly that job losses are likely to mount before the gains arrive. White-collar workers might be especially vulnerable in the short-term.The speed of this adoption presents an opportunity for companies to step up their pace of innovation, however — and if enough companies to go on offensive, then we won’t have to worry about AI unemployment.

Company 145
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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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Why Small Businesses Should Prioritize CSR Right Now

Business and Tech

Carolyn Berkowitz is the president and CEO of the Association of Corporate Citizenship Professionals (ACCP), which advocates for corporate social impact professionals. We talked to her about why businesses should be a force for social and economic good, and how organizations with fewer than 500 employees can develop and implement policies to achieve this goal.

Policies 245
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What is Product Innovation? Definition, Types, Examples and Strategy Best Practices

IdeaScale

What is Product Innovation? Product innovation is defined as the creation and development of new or improved products, services, or processes by a company or organization. It involves introducing novel ideas, technologies, features, or designs that provide added value to customers and differentiate the product from existing offerings in the market.

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The Final Perspective: A Composable Innovation Enterprise Framework

Paul Hobcraft

In my view any new approach to innovation needs to aim to achieve interdependent and interlocking innovation, solving problems that have not been addressed before and offering sustainable value, impact, and returns to all involved or significantly improving on the existing solutions. Today we are missing a comprehensive structure or innovation process to achieve this, we need a radically different approach to managing innovation.

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Elevating Executive Engagement by Embracing Empowerment and Emotional Intelligence

Tullio Siragusa

Elevating Executive Engagement by Embracing Empowerment and Emotional Intelligence In the business world, stepping into a new leadership role often presents a labyrinth of challenges. One of the most critical yet complex tasks is to effectively engage the executive team, ensuring that they are aligned with your vision and are committed to achieving shared objectives.

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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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Endowment Effect: Why people value what they currently have

Idea to Value

Have you ever wanted to buy something, but the person selling wanted more than you thought it was worth? That person might have been suffering from the Endowment Effect. The Endowment Effect is a cognitive bias where people who own a good to value it more than people who do not. It was popularised by the work of Daniel Kahneman, Jack Knetch and Richard Thaler, especially their 1990 research.

Examples 220
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Your Data Strategy Needs to Include Everyone

Harvard Business Review

An entirely new “management paradigm” for data is needed. As used here, a “management paradigm” embodies a common language, a holistic vision of the ways data should contribute, a clearly defined organizational structure showing how data integrates across the organization, along with clear roles and responsibilities for all involved. Eventually, it needs to incorporate corporate culture, relationships with universities and vendors, policy, and anything else that advances, or holds back the effec

Data 143
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Work Hard, Play Hard: The Scaling Coach Shares Tips for Building a Better Business

Business and Tech

Bill Gallagher, AKA the Scaling Coach , is a keynote speaker and entrepreneur who helps fellow founders and CEOs grow their businesses sustainably, often through fostering more productive and more positive environments. We asked him about some of the keys to creating a better workplace environment, and how to overcome the growing pains inherent in running a successful business.

Tips 244
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What is Radical Innovation? Definition, Examples, Process and Best Practices

IdeaScale

What is Radical Innovation? Radical innovation is defined as a significant and transformative breakthrough in technology, business models, processes, or products that creates a substantial shift in industry or society. It involves introducing revolutionary ideas, concepts, or approaches that challenge existing norms, disrupt markets, and often result in groundbreaking advancements.

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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.