Innovation Excellence
JULY 15, 2024
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.
IdeaScale
JULY 14, 2024
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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ITONICS
JULY 15, 2024
If you’re looking for innovation training that will strengthen your abilities and benefit your career, ITONICS has the solution with our free Academy.
Innovation Excellence
JULY 14, 2024
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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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?
Digital Tonto
JULY 14, 2024
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.
HYPE Innovation
JULY 16, 2024
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.
Business Innovation Brief brings together the best content for business innovation and strategy professionals from the widest variety of industry thought leaders.
Harvard Business Review
JULY 17, 2024
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.
Sopheon
JULY 16, 2024
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.
Innovation Excellence
JULY 16, 2024
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.
Qmarkets
JULY 19, 2024
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.
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.
Harvard Business Review
JULY 16, 2024
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.
Kainexus
JULY 17, 2024
" 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.
Innovation Excellence
JULY 19, 2024
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.
Qmarkets
JULY 18, 2024
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.
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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!
Harvard Business Review
JULY 17, 2024
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?
Kainexus
JULY 15, 2024
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
Innovation Excellence
JULY 17, 2024
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.
Cris Beswick
JULY 17, 2024
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.
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
Harvard Business Review
JULY 19, 2024
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.
Qmarkets
JULY 19, 2024
Imagine a company where every process runs smoothly, errors are minimized, and productivity is at an all-time high. This might sound like a dream, but it can be a reality with the right tools in place. Process improvement software is transforming the way businesses operate by streamlining workflows, reducing inefficiencies, and fostering a culture of continuous improvement.
Innovation Excellence
JULY 18, 2024
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.
Acuvate
JULY 18, 2024
When we say Robotic process automation (RPA) is one of the fastest growing technologies in the enterprise software market and one of the most widely adopted technologies among organizations, we’re NOT overstating! Let’s go over a few statistics: Gartner : RPA software revenue grew 63.1% in 2018 to $846 million, making it the fastest-growing segment of the global enterprise software market.
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.
Harvard Business Review
JULY 19, 2024
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
Qmarkets
JULY 19, 2024
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.
Brunner
JULY 17, 2024
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.
Innovators Alliance
JULY 17, 2024
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.
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.
Harvard Business Review
JULY 17, 2024
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.
Qmarkets
JULY 19, 2024
Collaboration has become the secret sauce behind many groundbreaking products and services. Take, for instance, the development of the Boeing 787 Dreamliner. Boeing utilized a global network of experts, collaborating with engineers and specialists from various companies and countries to design and build this revolutionary aircraft. This crowdsourced expertise led to significant advancements in fuel efficiency, passenger comfort, and overall performance.
innosabi Innovation Insights
JULY 16, 2024
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.
Focused Momentum
JULY 16, 2024
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.
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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.
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