Sat.Nov 02, 2024 - Fri.Nov 08, 2024

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The 4 Types of Innovation: A Comprehensive Overview for Business Success

innosabi Innovation Insights

There are primarily four types of innovation, each offering unique benefits to businesses. In this comprehensive overview, we’ll explore these four types in detail: Incremental Innovation: The foundation of continuous improvement. Disruptive Innovation: Challenging the status quo and creating new markets. Adjacent Innovation: Expanding into related markets or industries.

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We Are Starving Our Innovation Economy

Innovation Excellence

GUEST POST from Greg Satell The Cold War was fundamentally different from any conflict in history. It was, to be sure, less over land, blood and treasure than it was about ideas. Communist countries believed that their ideology would prevail. They were wrong. The Berlin Wall fell and capitalism, it seemed, was triumphant.

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Innovate and Dominate: Turbocharging Your Business Strategy

Leapfrogging

Rethink how you’re steering the ship to stay ahead of the game. Innovation isn’t just a shiny new product; it’s about jazzing up your services, tweaking those internal gears, and shaking up your business playbook. That’s how you keep moving forward and stay in the ring as things shift and change around you. To truly make the thrilling leap with innovation, go bold—foster an atmosphere where creativity and a bit of daring flourish.

Strategy 113
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Strategic Planning and the Demand for Innovation

Leapfrogging

In a world where change is like a pesky neighbor who always shows up unannounced, planning ahead is your best friend. It gives the big shots at the top a game plan, making sure resources aren’t thrown around like confetti at a parade. The business vibe these days is a whirlwind—tech is always one step ahead, folks are changing their minds faster than a kid in a candy store, and the market’s mood swings like a pendulum.

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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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Does Diversity Increase Team Performance?

Innovation Excellence

GUEST POST from David Burkus It’s often said by teams that “diversity is our strength.” We take for granted the idea that diverse teams bring more lived experiences, ideas, and solutions to the table. When asked, “How does diversity affect teamwork?

Culture 96
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Transforming Teamwork: Centralize, Collaborate, and Innovate with IdeaScale Workspaces

IdeaScale

Innovation thrives when ideas are shared, refined, and executed with precision. But in today’s fast-paced world, managing innovation across various teams, campaigns, and communities can quickly become a juggling act that drains time and resources.

More Trending

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Charting the Course: Linking Business Strategy to Innovation

Leapfrogging

Cooking up a winning business plan needs a dash of clear sight and a spoonful of fresh ideas. Melding these two can pack quite a punch against your rivals. Defining Your Business Strategy Think of your business strategy as your GPS, directing you to your future success. It hammers out who you are, your dreams, and what’s at the core of your company.

Course 113
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Research: How WFH Can Actually Strengthen Bonds Between Coworkers

Harvard Business Review

A series of studies found that virtual meetings offer workers valuable glimpses into each other’s nonwork lives — which boost feelings of trust and authenticity.

Study 120
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Change Requires Work and Choice

Innovation Excellence

GUEST POST from Shep Hyken At the end of the CEO’s speech to his employees, he said, “And one other thing, we want to deliver better customer service.” Then he walked off stage. Delivering better customer service is a good idea, but just saying you want to do so will not make it happen.

Change 88
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Critical Habits of High Performers in the New Normal: A Blueprint for Sustainable Success

Tullio Siragusa

Critical Habits of High Performers in the New Normal: A Blueprint for Sustainable Success Where the lines between personal and professional life blur, the question of high performance has become more relevant than ever. How do individuals and organizations not only achieve but sustain excellence in this “new normal”? Mark Cunningham, founder of The Achieve Institute, shared insights on The Bliss Business Podcast that offer a timely and profound answer to this question.

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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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Why Innovation Is Key to Staying Ahead in Strategic Planning

Leapfrogging

To keep your business on top of its game, you need to understand how innovation and strategic planning work together. It’s not just about rolling out fancy new gadgets or services; it’s about rethinking how everything ticks in your company. Strategic planning maps out how you’ll crush your long-term goals, and stirring some innovation into the mix helps your business roll with whatever curveballs the market throws.

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When a Performance Improvement Plan Could Help Your Employee

Harvard Business Review

A Performance Improvement Plan (PIP) is a formal approach to remedy an employee’s performance gaps, including failures to meet specific job goals or behavior-related concerns. The plan outlines the existing issues and defines what new outputs and behaviors are needed by when. But is a PIP the right choice for your situation? Will it work? Is it worth the effort?

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Don’t Wait for the Wheels to Fall Off

Innovation Excellence

GUEST POST from Mike Shipulski When your most important product development project is a year behind schedule (and the schedule has been revved three times), who would you call to get the project back on track?

Project 70
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What Happened in the World of Corporate Innovation in 2024?

Innov8rs

Innov8rs | ROI, AI, ESG and more. At The Innovator’s Handbook 2024 Launch Event last year December, we invited several thought leaders and experts to share their predictions for what would happen in the world of corporate innovation in 2024, in short 8-min talks. The year did fly by… and much has happened. So with 2025 already in its final quarter, we checked in with some of the guests, asking how their prediction played out.

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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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Innovate for Success: Fine Tune Your Strategy Development

Leapfrogging

Taking stock of your business approach is like tuning your car engine – crucial for a smooth ride and crucial to avoid nasty surprises down the road. Here, we’ll tackle the ways to check if your current game plan’s a winner or if it’s time for a reboot. Assessing the Effectiveness of Your Current Business Strategy To see how your business strategy is holding up, dig into a few KPIs.

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The Case for Taking a Gap Year Before College

Harvard Business Review

For many, heading straight to college and then into the working world is seen as the best way forward. But what if a break during this time — in particular, a gap year before college — can help reduce stress and burnout, improve your academics and leadership down the road, and help you find your true purpose? Research and interviews with people who have taken gap years demonstrate its promise, and practical advice about the logistics of taking a gap year can help you decide if it’s the right pat

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The Most Successful Innovation Approach is …

Innovation Excellence

GUEST POST from Howard Tiersky There are three primary approaches to innovation. In our work with large brands focused on digital transformation, we have observed that the most effective of the three is also the least common. Which approach do you use? Approach #1: The Artist “I create for myself.

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Making Innovation Everyone’s Priority

Innov8rs

Innov8rs | Can you make innovation everyone’s priority? It’s an admirable goal, since if all employees are invested in finding ways to do things better there’s a far higher chance of new ideas and initiatives being successful. This is the belief of Vlora Muslimi, Senior Manager at TD Bank Group, who’s responsible for the organization’s iD8 program- a formalized way of fostering innovation across all areas of the bank.

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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 Power of Design Thinking in Strategic Planning

Leapfrogging

Design thinking isn’t just a fancy buzzword—it’s all about shaking things up in how we plan strategically by spotlighting creativity, focusing on the customer, and trying stuff out to see what sticks. This method doesn’t just make the planning process more interesting; it makes it smarter, improving how customers see us and boosting the whole business game.

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5 Strategies to Help You Manage Resentment for a Colleague

Harvard Business Review

Many leaders today are stretched beyond capacity, and in that state, feelings of resentment can readily emerge and take hold. Whether you’re already feeling resentful or just starting to feel the tinges of this emotion, try these five strategies to safeguard your and your team’s well-being and performance: pinpoint the source, step outside yourself, focus on solutions, communicate constructively, and let go.

Strategy 121
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What We Can Learn From MrBeast’s Onboarding

Innovation Excellence

Lessons from a Leaked Document GUEST POST from Robyn Bolton In the often murky world of corporate communication, a leaked MrBeast document has emerged as a beacon of clarity. Far from being your typical vague, jargon-filled memo, this onboarding document is a crystal-clear recipe for success that’s as refreshing as it is rare.

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How to Better Align Innovation with Strategy

Innov8rs

Innov8rs | Don’t look at the size of the opportunity - focus on strategic fit to select the right innovation ideas for your business. Can innovation in an established organization be compared to innovation in a startup? As David Rogers, author and Columbia Business School professor, noted in his recent Innov8rs session, both of these setups are something of a double-edged sword, with benefits and drawbacks.

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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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What is Social Innovation? Definition, Examples and Best Practices

eZassi

What is Social Innovation? Social Innovation refers to the creation of new solutions—ideas, services, or models—that meet pressing social needs and improve individuals' and communities' quality of life. Unlike conventional innovations focused primarily on profit, Social Innovations aim to create shared value, addressing complex challenges such as poverty, health, education, and environmental sustainability.

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How Globalization Has Changed Strategic Planning

Harvard Business Review

NYU-Stern professor Pankaj Ghemawat discusses how companies can plan for an evolving world of multi-country international supply chains and cross-border information flows.

Change 103
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Fall Highlights: Happenings at Planview

Planview

It’s a busy time at Planview, with exciting events, team-building activities, and initiatives focused on fostering connections across our global teams. The Austin office went all out in pink for Breast Cancer Awareness Month, while the Bangalore office celebrated Planotsav. As we transition into the final months of 2024, here’s a look at what’s happening at Planview.

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First Principles Based Leadership: The Hidden Risks of Data-Driven Decisions

Rmukesh Gupta

In the past few years, we have seen a huge proliferation of data. With this amount of data being available, the expectation of data driven decision making has peaked as well. However, in my experience, just using data to make decisions is a trap and can lead to some bad decisions. Availability bias The first trap is to think that he data that we have is all the data there is.

Data 52
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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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Innovation Analyst for Technology Research

eZassi

The Risks of Sole Reliance on LLMs and AI in Technology Discovery: Why Human Expertise is Still Essential LLMs and AI tools are inad e quate as primary technology discovery tools. A human analyst to validate technology search results, conduct crucial subject matter expert interviews , and evaluate unique ideas from experienced, creative employees and stakeholders through open innovation challenges will prove to be the best approach to a fully developed innovation management strategy.

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A Guide to Handing Off Work Before a Vacation

Harvard Business Review

When you’re planning for a vacation, it is essential to hand over work efficiently. Begin by notifying colleagues and clients of your absence well in advance, ideally four to six weeks ahead. It is good practice to find a colleague to act as your backup at least a month in advance. Then, create a detailed handover document, listing current project status, pending tasks, and instructions for what they’d need to take care of while you’re away.

Project 116
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Developing Supervisors in Manufacturing: Navigating the Challenges and Unlocking Leadership Potential

CMOE

Supervisors in manufacturing fill a critical role that influences both the productivity and the culture of a plant. However, the transition from line worker to supervisor can be fraught with challenges that many companies fail to adequately address. This gap can lead to decreased performance, team discord, and high turnover. To prevent this, it’s crucial to recognize the unique demands of the role and focus on developing supervisors in a thoughtful and structured way.

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Thought Leader and Influencer Interview with Timothy Hughes, Co-Founder and CEO, DLA Ignite

Thinkers360 - Thought Leader Interviews

At a Glance Timothy Hughes, Co-Founder and CEO, DLA Ignite Focus Areas : Social, Sales, Personal Branding, Marketing Thinkers360 In-Depth Profile & Portfolio: Timothy (Tim) Hughes Social Media: LinkedIn | X Books: Social Selling: Techniques to Influence Buyers and Changemakers Highlighted Content : Why you’re letting revenue slip through your fingers on social media , #TimTalk – Inform, inspire interview tips unpacked with Kim Chandler McDonald.

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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.