Sat.Jul 13, 2024 - Fri.Jul 19, 2024

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Four Hidden Secrets of Innovation

Innovation Excellence

GUEST POST from Greg Satell Every enterprise needs to innovate. It doesn’t matter whether you are a profit-seeking business, a nonprofit organization or a government entity, the simple truth is that every business model fails eventually, because things change over time. We have to manage not for stability, but for disruption or face irrelevance.

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Breaking Down Silos: Collaborative Innovation in Large Organizations

IdeaScale

The Innovation Struggle: Great Ideas Lost in the Labyrinth Large organizations often face a paradox: they have a wealth of talent and resources, yet struggle to consistently generate groundbreaking ideas. The culprit? Silos. Departmental isolation, fragmented communication, and a lack of cross-pollination stifle innovation.

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The Best Free Innovation Courses to Upskill in 2024

ITONICS

If you’re looking for innovation training that will strengthen your abilities and benefit your career, ITONICS has the solution with our free Academy.

Course 36
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Career Development at Its Best

Innovation Excellence

GUEST POST from Geoffrey A. Moore A colleague recently forwarded me an article about upskilling one’s team. I am on board with the first part—innovating from within—but I am not comfortable with the concept of “upskilling.” Here’s why. Upskilling implies that the challenges you face lend themselves to known skilled responses.

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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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The Best Way To Overcome Resistance And Defeat Doubters: Start with a Resistance Inventory

Digital Tonto

The story of Blockbuster video is one that is often repeated, but rarely understood. The CEO, John Antioco, did not, as is frequently assumed, ignore the Netflix threat but devised an effective strategy to meet it head on. However, tensions with shareholders eventually boiled over, a salary dispute led him to resign and the strategy was abandoned. Antioco’s mistake wasn't a lack of a market strategy, but a lack of a resistance strategy.

Video 172
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The Top Innovation Management Software: HYPE Innovation recognized as #1 by Independent Research Firm

HYPE Innovation

Innovation management (IM) has evolved from merely managing ideas to encompassing the entire innovation lifecycle, including startup and technology scouting, trend management, open innovation, continuous improvement, employee engagement, and innovation portfolio management. This transformation is driven by the need for comprehensive solutions that strategically integrate diverse innovation activities, enabling structured processes and consistent outcomes.

More Trending

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How to Integrate Cloud, Data, and AI Technologies — and Make Your Company More Adaptable

Harvard Business Review

Building a strong, flexible “digital core” that integrates cloud, data, and AI technologies to serve as an interconnected foundation for your company is the key to future growth. It is your means of supporting the current business drive toward efficiency and effectiveness, while remaining flexible enough to respond to the new needs of the organization and quickly adopt and scale the latest technology innovations.

Data 142
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Do Nothing More Often

Innovation Excellence

GUEST POST from Robyn Bolton “What do you plan to do on vacation?” my friend asked. “Nothing…” Long silence “…And it will be amazing.” We live in a world that confuses activity with achievement so I should not have been surprised that the idea of deliberately doing nothing stunned my friend into silence.

Change 104
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Finding Success With CPG Sustainability and Innovation | Sopheon

Sopheon

Consumer demand for sustainably produced products is surging, and CPGs must take notice. A recent study from McKinsey and NielsonIQ found that products that make environmental, social and governance (ESG) claims experienced 28% cumulative growth over a five-year period, compared to a 20% rate for companies that made no such claims.

Study 101
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Total Quality Management: The Key to Continuous Improvement

Qmarkets

Maintaining high-quality standards is a must for all businesses. Companies that fail to meet customer expectations for quality risk losing their market share and reputation. According to a study on the telecom industry, businesses that consistently implement robust quality management systems see significant improvements in customer satisfaction and operational efficiency.

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From Payroll Pains to Growth Gains: Streamlining Payroll & HR for Success

Speaker: Joe Sharpe and James Carlson

In the world of small business management, the challenge of managing payroll & HR efficiently while scaling operations can be overwhelming. Yet, with the right strategies in place, these challenges can become opportunities for growth and innovation. In this session, Joe Sharpe, Senior Director of Managed Payroll Services at IRIS, will reveal practical methods and expert insights for outsourcing and streamlining payroll processes, resulting in substantial time and resource savings.

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The Limits of GenAI Educators

Harvard Business Review

While generative AI tools have been heralded as the future of education, more than 40 years of academic research suggests that it could also harm learning in realms from online tutoring to employee training for three reasons. First, the best student-teacher relationships are empathetic ones but it is biologically impossible for humans and AI to develop mutual empathy.

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Overcoming Judgement

Innovation Excellence

GUEST POST from Mike Shipulski Judging results when things are different than our expectations. If you don’t like being judged, stop judging yourself. No one can judge you without your consent, even you. If someone judges you, that’s about them. People’s judgment of you is none of your business.

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Explore the Best Operational Excellence Model | KaiNexus

Kainexus

" Operational excellence begins with having the right strategy, but it's realized through relentless focus on execution and continuous improvement. " Jeff Bezos - Amazon Operational excellence is crucial for business leaders aiming for continuous improvement because it establishes a framework for consistently delivering high-quality products and services while optimizing processes and reducing waste.

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5 Tips for Launching a Successful Company Innovation Challenge

Qmarkets

Companies with structured innovation processes significantly outperform their peers in implementing new ideas and driving business growth. McKinsey’s findings suggest that companies fostering a strong culture of innovation excel in leveraging technology and accelerating their competitive differentiation. Structured innovation challenges play a pivotal role in this process, enabling businesses to tap into their employees’ creative potential and drive transformative results.

Company 93
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How To Drive Retail Results With Integrated Tech And UX Design

Speaker: Jennifer Wright and Nick Barron

Navigating the complexities of e-commerce requires more than just the right technology - It demands a holistic strategy that aligns platform capabilities with customer- centric design and marketing. This webinar will provide a roadmap for building a robust e-commerce strategy, guiding you through key decisions from platform selection to creating user experiences that convert, and leverage digital marketing to reach and retail customers.

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The Risks of Botshit

Harvard Business Review

Botshit — made-up, inaccurate, and untruthful chatbot content that humans uncritically use for tasks — can pose major risks to your business in the form of reputational damage, incorrect decisions, legal liability, economic losses, and even human safety. Yet, it’s unlikely that chatbots are going away. How can you manage these risks while taking advantage of the benefits of promising new tools?

Tools 138
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Artificial Intelligence is a No-Brainer

Innovation Excellence

Why innovation management needs co-intelligence GUEST POST from John Bessant Long fuse, big bang. A great descriptor which Andrew Hargadon uses to describe the way some major innovations arrive and have impact.

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Designing an Operational Excellence Management System

Kainexus

Operational Excellence (OpEx) is a strategic approach that focuses on improving the efficiency and effectiveness of business processes to achieve superior performance. In the manufacturing sector, OpEx encompasses a range of methodologies and practices designed to streamline operations, reduce waste, enhance quality, and increase productivity. For manufacturing leaders , designing and implementing a robust operational excellence management system (OEMS) is a critical step toward realizing the fu

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What the latest BCG report tells us about what leaders need to do to build innovation capability

Cris Beswick

Innovation has never been a higher priority for companies, yet most struggle to deliver on their aspirations. BCG’s 2024 global innovation survey found that 83% of companies rank innovation as a top-3 priority. However, innovation readiness has plummeted, with just 3% of companies scoring in the “ready zone” on BCG’s innovation maturity benchmark, down from 20% in 2022.

Report 59
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Launching LLM-Based Products: From Concept to Cash in 90 Days

Speaker: Christophe Louvion, Chief Product & Technology Officer of NRC Health and Tony Karrer, CTO at Aggregage

Christophe Louvion, Chief Product & Technology Officer of NRC Health, is here to take us through how he guided his company's recent experience of getting from concept to launch and sales of products within 90 days. In this exclusive webinar, Christophe will cover key aspects of his journey, including: LLM Development & Quick Wins 🤖 Understand how LLMs differ from traditional software, identifying opportunities for rapid development and deployment.

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The CEO’s Journey Is a 3-Act Play

Harvard Business Review

Instead of treating a leadership role as an unending sprint, CEOs should approach their tenure as a series of three phases. Act one requires a leader to establish legitimacy, build a top team, and begin to communicate and implement a change agenda. Act two requires revisiting many of the choices made during the earlier phase, correcting mistakes, and reenergizing the organization.

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It’s Easy to Say No to Customers

Innovation Excellence

GUEST POST from Shep Hyken If a customer asks you to do something you haven’t done before, “No” is an easy answer. Why? Because … “We don’t do that.” “We’ve never done that.” “We don’t carry that product.” “That’s not our policy.” And more reasons – or excuses – like these.

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What is Open Innovation? Benefits & Best Practices

Qmarkets

The traditional approach to innovation, often termed “closed innovation,” relies heavily on internal resources and ideas to drive new developments. While this method has led to significant breakthroughs in the past, it comes with inherent limitations. Companies working in isolation may miss out on the vast pool of external knowledge and innovative ideas that could propel them forward.

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Brands Need a B2B Content Strategy to Connect with Stealth Business Buyers

Brunner

Use an Audience-First Approach to Create B2B Content that’s Valuable, Relevant and Helpful for B2B Buyers As a B2B marketer looking to build awareness, generate leads or drive sales, it’s essential that you know how your prospective customers navigate the buying process, especially what information they need to get to “yes.” Today’s business buyers take an increasingly stealthy approach by doing their own research long before they get in touch with you — if they ever make contact.

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Data Modeling for Direct Mail: Boosting Multi-Channel Reach and Response

Speaker: Jesse Simms, VP at Giant Partners

This new, thought-provoking webinar will explore how even incremental efforts and investments in your data can have a tremendous impact on your direct mail and multi-channel marketing campaign results! Industry expert Jesse Simms, VP at Giant Partners, will share real-life case studies and best practices from client direct mail and digital campaigns where data modeling strategies pinpointed audience members, increasing their propensity to respond – and buy.

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How to Gracefully Decline a Networking Request

Harvard Business Review

When you’re new to the workforce, you may feel pressure to engage every possible connection. However, continuously giving your time, energy, and focus to the wrong people can add up and take away from more meaningful work. There are times when it’s to your benefit to respectfully decline a networking invitation. Here are a few red flags to look out for when deciding whether to accept a networking request: the person is primarily interested in selling you a product or service rather than building

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2024 Innovation Resources Summer Edition: Entrepreneurial Books, Podcasts and Tools

Innovators Alliance

The greatest resource at Innovators Alliance is the wealth and experiences of our members. As a community for entrepreneurs, we put a particular emphasis on innovation and the opportunity to share experiences and gain inspiration from others. Earlier this year we updated our IA Member Check-in process to include a question that asked members about their recommended entrepreneurial books, podcasts and tools.

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Boosting Business Success with Employee Suggestions for Company Improvement

Qmarkets

Imagine a company where every employee feels valued, engaged, and empowered to share their ideas for improvement. A place where the collective insights of the workforce drive innovation, efficiency, and success. This isn’t just a corporate utopia—it’s a reality for organizations that effectively leverage employee suggestions for company improvement.

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Top 10 Best Practices of Discontinuous Innovation Management for Leaders and Teams

innosabi Innovation Insights

In our previous exploration of discontinuous innovation, we delved into the transformative power it holds and shared real-life examples that have shaped our world. Now, it’s time to equip you with the tools to not just understand this phenomenon, but to master it. Keep reading to discover the top 10 best practices that will […] Der Beitrag Top 10 Best Practices of Discontinuous Innovation Management for Leaders and Teams erschien zuerst auf innosabi.

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How To Speak The Language Of Financial Success In Product Management

Speaker: Jamie Bernard

Success in product management goes beyond delivering great features - it’s about achieving measurable financial outcomes that resonate across the organization. By connecting your product’s journey with the company’s financial success, you’ll ensure that every feature, release, and innovation contributes to the bottom line, driving both customer satisfaction and business growth.

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Research: 4 Ways Employees Respond to DEI Initiatives

Harvard Business Review

A critical factor influencing the effectiveness of DEI initiatives is how employees respond to them. Traditionally, employee responses have been overly simplified as “resistors,” who complicate or hinder DEI initiatives, or “supporters” of DEI, who facilitate their implementation. Recent research suggests employee reactions can be broken down into four categories: excited supporters, calm compliers, torn shapers, and discontented opponents.

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Writing a Mission Statement: Your Organization's Ultimate 'Why'

Focused Momentum

Have you ever wondered why some organizations seem to move with purpose while others flounder? The secret might lie in a tool often overlooked: the mission statement. Far from being mere corporate jargon, a well-crafted mission statement is the backbone of strategic direction and organizational identity.

Tools 52
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7 Best Practices for Effective Management of Innovation

Qmarkets

Companies that excel in the management of innovation not only stay ahead of the curve but also pave the way for sustainable growth and development. Establishing a clear innovation strategy is the first step, laying the foundation for effective innovation management. However, to truly harness the power of innovation, organizations must adopt a series of best practices that ensure the entire innovation process—from strategy and planning to execution and evaluation—is managed efficiently.

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Residual Communication

Rmukesh Gupta

I read this post about Residual Communication written by the British advertiser Dave Trott and it left a deep impression on me. You can read his post here. The idea is pretty simple – what do people remember from what we said, long after we said it. As a leader, I believe that we should obsess about residual communication. What do people remember the most after we had done sharing our vision, strategy or any idea.

Meeting 52
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IT Leadership Agrees AI is Here, but Now What?

IT leaders are experiencing rapid evolution in AI amid sustained investment uncertainty. As AI evolves, enhanced cybersecurity and hiring challenges grow. This whitepaper offers real strategies to manage risks and position your organization for success.