Sat.Aug 26, 2023 - Fri.Sep 01, 2023

article thumbnail

Three Maps to Innovation Success

Innovation Excellence

GUEST POST from Robyn Bolton Several years ago, my now-husband and I were in London.

article thumbnail

Demystifying Lean Six Sigma: A Tool for Continuous Improvement

Viima

53% of Fortune 500 companies use Six Sigma and up to 82% of those in the top Fortune 100 embrace the business improvement methodology. Research says that Six Sigma has saved companies over $400 billion. 40 years later the Six Sigma methodology is as popular as ever, with new variants and adaptations, like the Lean Six Sigma, making it more versatile for other industries and types of organizations as well.

LEAN 91
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Why We Glorify Overwork and Refuse to Rest

Harvard Business Review

None of us want to admit that we would rather feel overwhelmed than underwhelmed. In fact, we often experience a greater sense of our own value when we’re working than we do when we’re not. Working is not just a way to stay busy, but also to prove our worthiness – to others and to ourselves. The result is that without the right guardrails in place, we silently collude with employers who encourage us to overwork through intense pressure to perform.

article thumbnail

Accelerating Innovation Requires Strong InnovationOps | Sopheon

Sopheon

In my article, Mastering product management: What I have learned from my kung fu journey , I used my 12+ years of study and practice of kung fu as a lens to understand what it takes to master product management. Innovation is the lifeblood of progress and success in today's fast-paced business world. Accelerating innovation requires organizations to adapt, evolve and innovate continuously.

article thumbnail

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?

article thumbnail

The Dual Paths of Leadership: Immediate Gratification vs. Long-term Growth

Tullio Siragusa

The Dual Paths of Leadership: Immediate Gratification vs. Long-term Growth In the arena of leadership, two divergent paths often present themselves: one focused on immediate gratification and the other on long-term growth. While both paths offer their own sets of rewards and challenges, the choices made early on can dramatically impact the course of a leader’s career, as well as the destiny of their team and organization.

article thumbnail

Startup Scouting Process for Beginners

HYPE Innovation

Companies across the globe are under increasing pressure from multiple stakeholders, with many failing to meet expectations or outperform their competitors. In today’s increasingly volatile, uncertain, disrupted, complex, and interconnected environment, it’s more important than ever for companies to learn how to adapt faster than the rest of the market in order to survive.

More Trending

article thumbnail

If You Care About Change, You Need To Learn To Leverage Shared Values. Here’s Why:

Digital Tonto

Change always begins with a grievance—there’s something people don’t like and they want it to change. Yet the status quo always has inertia on its side and never yields its power gracefully. That’s why it’s so important to forge a shared purpose, because people need a common mission they can believe in to see themselves as stakeholders in a shared future.

Change 135
article thumbnail

Are Collaboration Tools Overwhelming Your Team?

Harvard Business Review

Today’s workers feel numbed by a fragmented, unpredictable, and overwhelming collection of collaboration tools — the very things advertised to boost their productivity. They know they’re overloaded and feel exhausted but believe there is little or nothing they can do to slow the onslaught of communication. The authors explored how collaboration technology bloat impacts employees and tried to help people take control over their work.

article thumbnail

Big Tech and Media- The Future?

IdeaSpies

ChatGPT’s parent OpenAI will generate $1 billion in revenue over the coming year, the Information reports. The Microsoft-backed uber-unicorn is already banking $80 million a month. I recently predicted Microsoft’s valuation will rocket to $4 trillion , and warned news media that the window to do a deal was closing. Today, while they brief lawyers on copyright theft, Supervised reports how OpenAI is hauling ass to commercialising it.

Report 108
article thumbnail

AI Is Making Market Insights Accessible to Businesses of Any Size — Not Just the Big Names. Here's How You Can Use It.

Entrepreneur - Innovation

Unbiased AI algorithms can now analyze online chatter and discover emerging product trends before they go mainstream, providing valuable insights for entrepreneurs.

Trends 112
article thumbnail

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.

article thumbnail

Building Bridges for Innovation: ISO 56003 and the Power of Structured Partnerships

PlanBox Innovation

This article originally appeared on Forbes. In the rapidly evolving, interconnected landscape of the 21st century, no organization is an island. The increased interdependence has birthed countless collaboration opportunities, leading innovators to strategically weave a network of partnerships throughout their supply chain to continuously drive better, more sustainable results, especially when it comes to evaluating emerging technologies and engaging with startups.

article thumbnail

How to Prepare for a GenAI Future You Can’t Predict

Harvard Business Review

Given the staggering pace of generative AI development, it’s no wonder that so many executives are tempted by the possibilities of AI, concerned about finding and retaining qualified workers, and humbled by recent market corrections or missed analyst expectations. They envision a future of work without nearly as many people as today. But this is a miscalculation.

article thumbnail

How Not to Get in Your Own Way

Innovation Excellence

GUEST POST from Mike Shipulski If you could get another good job at the drop of a hat, how would you work differently? Would you speak your mind or bite your tongue? If you didn’t care about getting a promotion, would you succumb to groupthink or dissent?

Design 103
article thumbnail

How Public Relations Can Help Your Company Build a Stronger Brand Identity and Stand Out From Competitors

Brunner

You know your company has great stories to tell. Maybe it’s how your engineering team helped a B2B customer solve a risky problem and finally land that big account. Or how your product group turned an inspired idea into a new item that millions of B2C customers are snapping up. But many companies don’t know how to share those stories. They’re frustrated by the lack of media recognition.

Company 98
article thumbnail

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!

article thumbnail

Navigate Uncertainty and Unveil the Certainties Hidden Within

Daniel Burrus

We live in an amazingly uncertain world, but that uncertainty is brimming with certainty! I know this may seem contradictory, but it is true, and worth the exploration. Yes, we do live in constant uncertainty. What will happen with certain businesses or industries if the economy shifts, if technology disrupts, or if a new product or service falls flat?

Agile 94
article thumbnail

Incorporating DEI into Decision-Making

Harvard Business Review

Most people believe in promoting DEI in the workplace. But implicit and unconscious biases — not to mention the constant juggling of priorities required at work — can lead to inequitable decision-making. In this article, drawing on recent research, the authors suggest that this problem can be addressed by making DEI more immediately obvious, or salient, to managers immediately before they need to make consequential decisions about such matters as hiring, promotions, and performance evaluation.

article thumbnail

The Surprising Effects of Gratitude

Phil McKinney

Have you ever sat down and really thought about all the things you're grateful for? In today's fast-paced world, it's easy to take things for granted and forget to be grateful for what we have. Gratitude is not just a warm and fuzzy feeling but a powerful emotion that can transform our outlook on life and our relationships. The Power of Gratitude Gratitude is being thankful and ready to show appreciation for and return kindness.

Study 94
article thumbnail

Process Improvement Opportunities: How to Identify + Implement | KaiNexus

Kainexus

Business processes serve as the backbone of an organization, defining how tasks are executed, resources are allocated, and goals are achieved. In this dynamic and competitive landscape, embracing continuous improvement through effective process improvement plans is paramount.

How To 93
article thumbnail

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

article thumbnail

Aligning Your Culture for Digital Transformation

Innovation Excellence

GUEST POST from Geoffrey A. Moore A quote you often hear is, “Culture eats strategy for lunch,” typically attributed to Peter Drucker (whether correctly or not). Regardless, it puts a spotlight on the power of culture to resist even the most compelling strategic narratives.

Culture 91
article thumbnail

Harvard’s Arthur C. Brooks on the Secrets to Happiness at Work

Harvard Business Review

Arthur C. Brooks is a bestselling author, Harvard University professor, and a widely read columnist for The Atlantic, whose writing draws from both science and philosophy and is aimed at providing insight and strategies on how we can live our best lives. He’s the co-author (with Oprah Winfrey) of the forthcoming book, Build the Life You Want: The Art and Science of Getting Happier, and he joined HBR editor Adi Ignatius for this episode of New World of Work to share insights in how to be happier

Strategy 134
article thumbnail

Seeing a different Energy Future away from Fossil Fuel

Innovating4Energy

For me, the Energy Transition is a complex, multi-headed beast that always provides more challenge rather than less. We seem to be faced with Hydra. The Hydra was Hercules’s second labour. He attempted to cut off the heads of the beast, but every time one was cut off, two more would grow back in its place. Another challenge in killing the Hydra was that its’ breath was poisonous to all who crossed its path.

article thumbnail

What Is Process Improvement and Best Practices? | KaiNexus

Kainexus

Business process improvement entails a systematic and intentional endeavor to identify, scrutinize, and refine the distinct stages, techniques, and interactions intrinsic to a business process. Its fundamental objective is eradicating inefficiencies, eliminating errors, amplifying productivity, and ultimately elevating an organization's overall performance and outcomes.

article thumbnail

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.

article thumbnail

Who is to Blame for Poor Customer Service?

Innovation Excellence

GUEST POST from Shep Hyken The short version of the story is this. At about 9:15 p.m., I pulled into one of my favorite fast-food restaurants. There was one customer ahead of me in the drive-through lane. I assumed he was placing an order. After several minutes, I realized something else was going on.

91
article thumbnail

Why Customers Leave Platforms — and How to Retain Them

Harvard Business Review

Companies often misunderstand the problem of users leaving their platforms. Disintermediation is a sign that your customers don’t think you are adding as much value as you think you are. Firms struggling with disintermediation can take simple steps to stop the bleeding before it’s too late — if they understand what’s really taking place. They should consider six factors: urgency, rake, risk, skill, frequency, and modularity.

How To 129
article thumbnail

What’s one thing health care executives should learn from Mark Cuban?

Christensen Institute

You might be surprised that the answer has nothing to do with health care. Instead, it’s articulating a singular focus for your organization, grounded in the progress customers are seeking. Frequent readers will notice I’m referring to the theory of Jobs to Be Done. Jobs Theory (Jobs) is a framework to better understand customer behavior. While conventional marketing segments a market by demographics and product attributes, Jobs focuses on the functional, social, and emotional drivers that

article thumbnail

Business Process Improvement Examples: 34 Actionable Ideas

Kainexus

When leaders consider implementing a structured business process improvement methodology , one of the challenges they often face is explaining to employees what types of opportunities to consider. Usually, there are some apparent needs that people attack immediately. Still, once those are addressed, it can be challenging to recognize the flaws in processes, especially ones you operate every day.

article thumbnail

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.

article thumbnail

3 Secrets To Good Teamwork

Innovation Excellence

GUEST POST from David Burkus Teams are how work gets done most of the time. In a knowledge work economy, up to 85% of an average employee’s time is spent in collaboration with other people—on one team or on multiple teams. And that makes effective collaboration and good teamwork a top tier skill.

article thumbnail

No, SCOTUS Did Not Make Your Company’s DEI Programs Illegal

Harvard Business Review

The most effective approach to DEI is also the best for controlling legal risk: Focus your DEI program on interrupting the bias that’s constantly transmitted through basic business systems. This is how most corporate DEI programs, which typically focus on trainings and tweaks to organizational systems to level the playing field, already work.

Training 114
article thumbnail

Glowforge Plus 3D Laser Printer: Unleashing Creative Prototyping Potential

Phil McKinney

In the fast-paced ideation and rapid prototyping world, having a reliable and efficient tool is paramount. Enter the Glowforge Plus 3D Laser Printer, a game-changer in laser printing. As an avid proponent of creative exploration, I recently purchased this printer for my grandson (rationalization 😉 for the spouse) so that I could test its capabilities for prototyping ideas that emerge from brainstorming sessions.

article thumbnail

Find your Marketplaces; they can be the secret to your success.

Ecosystems4Innovating

The theory goes you identify an Ecosystem of like-minded businesses that share a common need to solve a vexing problem, challenge or concept. Then, one party sets up a platform or gains the agreement of one already available, a neutral platform, to use it. Hence, it has all the technology, governance and structure to enable the group to communicate, exchange and build the (emerging) solution to work and then have the structure for it to (rapidly) scale.

Design 64
article thumbnail

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.