Sat.Jun 25, 2022 - Fri.Jul 01, 2022

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Why incremental innovation is so easy; disruptive is so difficult

Jeffrey Phillips

After years, no decades, of working in and on the margins of innovation, I think I had an epiphany recently. It's interesting to know that the more you work in a field, you become more aware of the things that you don't know, rather than confident in the things that you do know. For me, one epiphany that happened this week was when I was thinking about how valuable truly disruptive innovation is, and why it is done so rarely.

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Revolutions Don’t Begin With a Slogan, They Begin With A Cause

Digital Tonto

Ukrainian President Volodomyr Zelenski has been compared to great orators like Winston Churchill. In the English House of Commons, he vowed to fight “in the forests, in the fields, on the shores, in. [[ This is a content summary only. Visit my website for full links, other content, and more! ]].

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Breakthrough Innovation vs. Disruptive Innovation

IdeaScale

Aren’t breakthrough innovation and disruptive innovation the same thing? It’s a common question when building innovation strategy. After all, the car, the telephone, the smartphone, the electric car, the solar panel, weren’t these all breakthroughs that were also disruptive? In a sense, yes. But it’s the context of the innovation that’s important. What Is Breakthrough Innovation?

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The Eight P Plan for Success

Destination Innovation

Let’s say that you are overloaded, overworked and under pressure. You are struggling to cope. This could be at a personal level with private projects or it could be at work where your team is having difficulties with business challenges. Try this eight point plan which will help you. Pause. Stop what you are doing. Take time to assess where you are and what you are trying to achieve.

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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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How to Lead Innovation and Embrace Innovative Leadership

Viima

Leaders are bombarded from all directions with advice on how to behave as leaders. It seems like we all know what it takes to lead innovation, at least in theory, yet the attention is mostly focused on famous innovators who oftentimes are the exceptions, rather than the rule. What’s more, we tend to forget that the greatest, most famous innovators, with all their qualities and contributions to the world, are not necessarily the best of leaders.

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What Is Idea Management?

InnovationManagement

Traditional innovation can only take your business so far, and without an evolution of processes, you might find it harder than ever to move new ideas forward. Introducing structures and systems to formulate, organize, and act upon new ideas is one of the best ways to optimize internal innovation. This practice is better known as idea management, and in this article we will define and discuss idea management in full.

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Five new product development questions you should ask when launches fail to meet market expectations

Sopheon

When products fall short, it’s important to learn from mistakes and apply what you’ve learned to improve your new product development processes. Answering these five questions helps sort things out. The post Five new product development questions you should ask when launches fail to meet market expectations appeared first on Sopheon.

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i3: A market-creating initiative for African healthcare innovators

Christensen Institute

Picture someone you love. Now imagine that person falls sick and cannot access the medicines they need to get better. This is the daily reality of hundreds of millions of Africans, where less than half the continent’s population has access to affordable medicines when they need them. This problem results in the unnecessary death of millions of Africans annually.

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Lean Transformation Steps for Operational Excellence

Kainexus

The Lean business methodology is based on the simple principle that organizations should strive to provide maximum value to the customer with as little waste as possible. The idea is simple, but it isn't easy. For most organizations, embracing Lean requires a significant culture shift and a new way of thinking about everything from leadership to everyday operations.

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What Jake and Flo Aren’t Telling Us: Disruptions Constantly Change the Insurance Industry

Daniel Burrus

Auto and home insurance bundles, umbrella policies, constant arguments about paying for healthcare (especially during a pandemic), and thousands of streaming and social commercial advertisements pushing different providers as being the best option for the average Joe and Jane. . Yes, we are talking about insurance and its many pros and cons. But what Flo from Progressive, the Geico Gecko, and the ever-popular Jake from State Farm may not be able to tell you is where the insurance industry is hea

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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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Three Steps to Accelerate Your Sustainability Journey

PlanBox Innovation

This article originally appeared on Forbes. Stakeholder capitalism is upon us. Customer obsession can leave you in the cold if you lose sight of the forest for the trees. This new economy will require organizations to consider all the stakeholders that are impacted by the business while giving them a voice and keeping them satisfied with the actions and outcomes.

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Innovation Mindsets Assessment

InnovationTraining.org

For those of you looking for new and better ways of assessing and developing the innovative potential in your team, this blog post offers you my first-hand view of Innovation Mindsets TM – the new diagnostic instrument from Prof. Jeanne Liedtka and Treehouse Innovation. Based on a decade of research. In a world that’s flooded with assessment and measurement tools that tell you what kind of leader, innovator or person you are, it’s refreshing to see a new assessment that is backed by rigoro

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What Does the Latest Research on Innovation Management Software Reveal?

Viima

Our industry of innovation management software is quite an interesting one. It’s been around for a while, but it’s still not a mainstay that every organization would use, at least not in the same way as CRM and team communication software are. Hence, there’s quite little independent research available out there to prove its efficacy, or even for determining which parts of it are the most valuable.

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The 3 Student Entrepreneur Personas

Innovation Excellence

GUEST POST from Arlen Meyers, M.D. Healthcare professional schools, healthcare innovation and entrepreneurship education, and training programs are growing. However, one question is should they be required or elective? The medical student persona has changed in the past several years.

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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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How Improvement Software Strengthens Lean Initiatives

Kainexus

The Lean approach to business management started when Toyota decided to retool its manufacturing practices to improve efficiency and quality simultaneously. Since then, the approach has gained traction globally and in almost every industry. Organizations have found it to be an effective method for reducing waste, spurring innovation, and encouraging employees to act on opportunities for improvement.

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Revitalizing An Iconic American Market Leader: The Transformation Of GE Appliances

Bill Fischer

GE Appliances, once a cash-cow in GE's conglomerate portfolio, has been revitalized, following its acquisition by Haier, to become an independent, market-leading, entrepreneurial organization, following Haier's RenDanHeYi principles.

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Want Engaged Customers? Ditch the Fads and Embrace the Audio Trend

Entrepreneur - Innovation

Use these three ways to help your business leverage audio-based communication events for better buyer engagement.

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How Networking Accelerates Growth

Innovation Excellence

GUEST POST from Douglas Ferguson As a leader, you’re likely aware that building a network takes time and work. Mentors and a network of peers are not easily established for jobs, professional growth, or business.

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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 Mark Cuban’s pharmacy can change how payers handle prescription coverage

Christensen Institute

In February, I wrote an Innovators Worth Watching blog highlighting Mark Cuban’s Cost Plus Drug Company , his new pharmaceutical venture selling generic medications at a fraction of the cost of other pharmacies. After putting his company to our six-question test, we concluded that Cuban’s online pharmacy could be a disruptive solution for individuals looking to fill prescriptions.

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Latest Energy Ideas

IdeaSpies

Energy is a very topical subject now and the news is mostly bad, related to the war in the Ukraine.

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Dog Days and Dynamite: New Takes on 4th of July Classics

Wellspring

The National Hot Dog and Sausage Council ( NHDSC ) reports that hot dogs are served in 95% of American households, estimating an astounding 20 billion eaten annually, boiling (no pun intended) down to about 70 dogs per person. The beloved classic is often associated with summer, amusement parks, drive-in movies and the fourth of July. But over the years, many have wondered if they could improve on this staple of Americana.

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First Principles Are the Building Blocks of True Knowledge

Innovation Excellence

GUEST POST from Farnham Street First-principles thinking is one of the best ways to reverse-engineer complicated problems and unleash creative possibility.

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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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How to Define the Right Search Criteria in Trend Scouting

ITONICS

Trends reflect changing consumer needs and behaviors over time. Knowing what trends may impact your business enables you to prepare and adapt to societal change. One of the most important activities in innovation management is the continuous interpretation and evaluation of trends. By understanding the human needs addressed throughout trends, companies can align their products and services to evolving markets.

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Maximizing PMO Value During Economic Uncertainty

Planview

In times of economic uncertainty, PMO value is critical. PMOs don’t just make sure that run-the-business work and projects are completed, they also operationalize the strategic plan. Maximum PMO value ensures the work delivered aligns with company strategy. This helps the organization achieve its desired outcomes and initiatives. When organizations begin feeling the stress of the current financial climate, business leaders take a hard look at spending.

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Understanding Microsoft Power Platform

Acuvate

What is Microsoft Power Platform? Microsoft Power Platform is a low-code interface and a family of products that leverage Microsoft’s business solutions in a seamlessly integrated platform. With the power platform, you can analyze data, build custom solutions, automate complex business processes, create virtual agents, and build data-driven apps with minimum code.

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What is Killing Capitalism in America?

Innovation Excellence

GUEST POST from Greg Satell There’s no doubt that capitalism in America is in bad shape.

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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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11. To Compete or Not To Compete (part 2)

Stephen Shapiro

The final section of Tip 11 from Best Practices are Stupid. Please read the first two sections before reading this. Remember, this book was written a dozen years ago, so some concepts have evolved. The first two posts talked about competition vs collaboration, and the three downsides of traditional brainstorming. Now we move to some examples. Several years ago I wanted a new logo for my website and decided to crowdsource a design using 99 Designs.

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Business Model Innovation Basics Series - Part 1: What is a Business Model?

The BMI Lab Blog

Introducing the Magic Triangle of Business Models Every profit-oriented organization has a business model – its consistency, future ability and basic logic largely influence the overall success of an organization. However, very few managers are able to explain their company’s business model ad-hoc, and even fewer can define what a business model actually is in general.

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Digital Transformation Trends in Government for 2022

Acuvate

Digital transformation across industries is not a new concept. With digital technologies revamping old playbooks since the dawn of the millennium, enterprises have strived to make the most of IT and data modernization for impactful business outcomes. Time and again, there have been debates regarding the scope of digital transformation in the government sector and for public sector organizations.

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Episode 098: What Can We Learn From Doctors and Their Creative Approaches to Disease?

Innovation in Practice

What can doctors teach us about creativity? People in the medical field actually have a lot of knowledge and experience around innovation. Why? Because they deal with uncertainty daily. Doctors often take risks and make decisions all in the face of uncertainty. To simply get their jobs done, they’ve got to get creative. In fact, uncertainty forces you to be creative.

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How to Master Product Portfolio Management

Pursuing product portfolio management excellence empowers organizations to unlock the full potential of their offerings. This comprehensive guide unveils 10 essential keys that serve as the building blocks for success.