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source: pexels.com. Deciding on novel product features is often a daunting task. Seasoned innovation managers know that one of the best strategies is looking to feature requests obtained from customers for direction. Customers know best what improvements they would benefit from the most. Whenever you’re dealing with an influx of product feature ideas, requests, or similar data, you’re going to need ways to manage them.
Innovation strategy needs to be aligned with business strategy, explaining how innovation creates value for customers, captures that value, and what kind of innovation the company must pursue. The strategy will need to cut across departments and be built to evolve over time. Step 1: What’s Your Business Strategy? Innovation is rooted in what your organization does, so any innovation strategy starts with what your business is hoping to achieve.
The conference room was abuzz with energy, teams of individuals were crowded around 6 circular tables, all of them were rapidly filling out post-it notes and sketching ideas on pieces of white paper. Once time ran out, each member called out their idea and the ideas were tacked to the walls around the room. Only then did our in-house sketch artist come up to sketch out prototype designs for each new concept or idea brought forth by the group of manufacturing executives. . .
When reading about creativity and creativity techniques like brainstorming , you will almost always hear about two important forms of thinking: Divergent Thinking and Convergent Thinking. But what do these two terms mean, and how do they work together to form a creative idea? Divergent thinking: The production of a large number of original ideas from a starting point (like a problem or challenge).
AI adoption is reshaping sales and marketing. But is it delivering real results? We surveyed 1,000+ GTM professionals to find out. The data is clear: AI users report 47% higher productivity and an average of 12 hours saved per week. But leaders say mainstream AI tools still fall short on accuracy and business impact. Download the full report today to see how AI is being used — and where go-to-market professionals think there are gaps and opportunities.
One of the toughest things about change is simply to have your idea understood. The status quo always has inertia on its side and never yields its power gracefully. People need a reason to believe in. [[ This is a content summary only. Visit my website for full links, other content, and more! ]].
If you want to beat a criminal then it helps to think like a criminal. Burglary is a horrible crime so let’s think like the burglar in order to outwit him (less than 10% of serious robberies are committed by women!). Image by Steffen Salow on Pixabay. Basic Ideas. Lock your windows and doors. I know this is obvious but burglars often enter through unlocked windows.
Contrary to common belief, open innovation is not only about collaborations between big companies and startups. It’s about leveraging partnerships based on when in the funnel time-line they come into place. The post How to approach your open innovation strategy appeared first on Board of Innovation.
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Business Innovation Brief brings together the best content for business innovation and strategy professionals from the widest variety of industry thought leaders.
Contrary to common belief, open innovation is not only about collaborations between big companies and startups. It’s about leveraging partnerships based on when in the funnel time-line they come into place. The post How to approach your open innovation strategy appeared first on Board of Innovation.
With today’s always-on workforce, we get tasks thrown at us constantly. And now that people can access work emails and instant messages on their Smartphones, lines can get blurred as to when these tasks are expected to be received, and completed. Especially if we want to portray ourselves as hard workers and build a reputation for getting work done quickly.
In a rather long blog post, Henna Inam shares her perspective on why board members of organisations need to be agile and also shares a framework from her book Wired for Disruption, which can be used to develop our agility muscles. While she shares this framework and how it is relevant for board members, I believe that this is as relevant for all leaders, irrespective of which level and how formal our leadership really is.
Society 2045 Conscious Contracts for Better Relationships. In the business world developing trust and building relationships is key to creating a great workplace environment. However, most humans rely on a piece of paper for building relationships. You might be saying to yourself that a relationship isn’t built on a piece of paper, and you would be correct.
Your organization has started a new social project, and new beginnings are always exciting. But.what’s next? How do you track your projects' progress and the impact sought? Here are 5 key metrics to kick off your social impact measurement strategy. The post 5 metrics for social impact measurement appeared first on Board of Innovation.
Innovation is key to overcoming crises. This guide outlines how businesses can navigate uncertainty by adapting strategies, embracing open innovation, and strengthening resilience. Learn how to reassess business models, engage external expertise, and build a robust innovation ecosystem. Explore the three phases of crisis response—from immediate adaptation to long-term transformation—and discover how collaboration accelerates progress while reducing costs.
When it comes to doing research and validating your innovations, be careful that you aren’t unconsciously suffering from confirmation bias. Confirmation bias is a bias that most of us suffer from, and is the tendency for you to search for, interpret, favour, and recall information in a way that confirms or supports your prior beliefs or values.
I found an article today on the web that was published by the Wall Street Journal in September 2021 , that claims to explode the myths about innovation. I was excited to read it, because 1) I like things that explode 2) I like myth-busting and 3) I am always curious to see what people who aren't in the actual corporate innovation space believe about innovation.
Transforming corporate culture is not a small undertaking. There are usually both tangible and intangible costs. When done effectively, the long-term advantages far outweigh the costs of living with a culture that isn't thriving, but how do you measure the impact of such a change? After all, much of what constitutes corporate culture is intangible. For that reason, the goal isn't really to measure the culture but rather to measure the outcomes that are impacted by the culture.
Why did I join Board of Innovation? What is BOI's superpower? What surprised me the most after joining BOI? Work culture insights, straight from the horse's mouth. The post Insights from the newcomers: why I really joined Board of Innovation appeared first on Board of Innovation.
Speaker: Ben Epstein, Stealth Founder & CTO | Tony Karrer, Founder & CTO, Aggregage
When tasked with building a fundamentally new product line with deeper insights than previously achievable for a high-value client, Ben Epstein and his team faced a significant challenge: how to harness LLMs to produce consistent, high-accuracy outputs at scale. In this new session, Ben will share how he and his team engineered a system (based on proven software engineering approaches) that employs reproducible test variations (via temperature 0 and fixed seeds), and enables non-LLM evaluation m
Where in your business or your team are you willing to bend the rules? Would you be willing to tolerate a sale where the margins were below your team’s KPIs, just in order to get the revenue from the sale? And would you punish a different team member if they wanted to use those same low margins in the future? This shows the gap between what you expect, according to your strategy, and what you tolerate.
The Six Sigma business methodology aims to eliminate waste and defects. It also aims to reduce variation in business processes. Efforts to improve are considered Six Sigma projects and are often made using a systematic model known as DMAIC. DMAIC stands for Define - Measure - Analyze - Improve - Control. As with any other improvement effort, the ultimate goal of the DMAIC method is to improve customer satisfaction.
What is Cloud Migration? A Quick Guide to Moving to the Cloud. Cloud services are an essential requirement in today’s advancing business environment. Moving to cloud has now become more important than ever, considering the rapidly intensifying competition and evolving business needs. More so, with the Covid-19 pandemic ushering in severe waves of turbulence, the need for a shift towards cloud technology has become extremely dire.
The DHS compliance audit clock is ticking on Zero Trust. Government agencies can no longer ignore or delay their Zero Trust initiatives. During this virtual panel discussion—featuring Kelly Fuller Gordon, Founder and CEO of RisX, Chris Wild, Zero Trust subject matter expert at Zermount, Inc., and Principal of Cybersecurity Practice at Eliassen Group, Trey Gannon—you’ll gain a detailed understanding of the Federal Zero Trust mandate, its requirements, milestones, and deadlines.
In today’s episode of the Idea to Value podcast, we speak with Blair Enns, author of Pricing Creativity and founder of the Win Without Pitching manifesto. Topics covered in this episode: 00:01:30 – Blair’s history in advertising and consulting. 00:03:30 – The fastest way to make your creativity a commodity is to sell your time. 00:06:00 – Pricing is a prison cell of your making in your own brain. 00:08:00 – The importance of asking questions to determine value
Make The Invisible Visible Creative leaders break the mold by making their own path to achieve mastery. Those who achieve greatness do not fit a formula or follow a structure.
ZoomInfo customers aren’t just selling — they’re winning. Revenue teams using our Go-To-Market Intelligence platform grew pipeline by 32%, increased deal sizes by 40%, and booked 55% more meetings. Download this report to see what 11,000+ customers say about our Go-To-Market Intelligence platform and how it impacts their bottom line. The data speaks for itself!
Early in the twenty-first century, Mr. Zhang recognized that the pace of change, and the growing complexity of the customer experience, required more leadership, not less; but that that leadership needed to be redistributed lower and broader throughout the Haier community.
In 1983, McKinsey consultant Julien Phillips published a paper in the journal, Human Resource Management, that described an ‘adoption penalty’ for firms that didn’t adapt to changes in the marketplace quickly enough.
Everyone knows that to implement and execute your strategy, you need people throughout the organization to engage with it. And, everyone knows that this starts with effective communication of your strategy.
Speaker: Jennifer Hodroge, Omni-Channel Strategic Leader, Forrester CX Certified
Marketers know that personalization is the key to engagement—but with limited budgets and time, how do you prioritize what, where, and how to personalize? Aligning your content, campaigns, and buyer experiences requires a deep understanding of customer needs. In this new webinar with expert Jennifer Hodroge, we’ll explore how to leverage insights and customer journey mapping to build personalization strategies that deliver real impact.
Picture this: You start a small business by making a change to a preexisting product that completely reinvents that product. Some minor disruptions get in your way, so you and your team make some adjustments to your product. While doing so, you start to consider other problems that may disrupt the newest iteration of this product you’re working on, and when it’s ready, start advertising to the local population your business is founded in.
Meet Ibrahim Sabbah—travel enthusiast, music lover, and self-proclaimed song name encyclopedia. Get to know our newest Account Manager below! Q: Why did you choose Brunner? A: I chose Brunner because I resonated strongly with the vision of creating powerful ideas to positively impact people’s lives. I also strongly believe in customer-centric data-driven marketing.
Chief Innovation Officers are growing like weeds. Some think their job is to manage innovation. Some even go so far as to define their desirable traits. Here is yet another article on how to manage innovation.
GAP's AI-Driven QA Accelerators revolutionize software testing by automating repetitive tasks and enhancing test coverage. From generating test cases and Cypress code to AI-powered code reviews and detailed defect reports, our platform streamlines QA processes, saving time and resources. Accelerate API testing with Pytest-based cases and boost accuracy while reducing human error.
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