Paul Hobcraft

FEBRUARY 8, 2024

emphasizes moonshot projects and long-term thinking. The post Examples of Businesses navigating complexity by fostering Ecosystems. This post further shows specific entities extending their Business Model through collaborative formats, partnerships and ecosystem designs. Google (Alphabet Inc.):

Examples 148

Examples Artificial Inteligence Design Collaboration 148

Idea to Value

SEPTEMBER 24, 2022

While recent historians believe the accuracy of this story to be low and most likely a myth , there are in fact real examples of Potemkin villages today. For example, Kijong-dong is a village in North Korea visible from South Korea in the Demilitarized Zone. Potemkin Villages and fake innovation.

Innovation 303

Innovation Examples Project Brainstorming 303

IdeaScale

JUNE 24, 2022

For example, between 2016 and 2018 alone, UPS was forced to spend over $1 billion more on fuel , a key driver in its push to go electric. . Sustainable innovation is good for business in many ways. It addresses consumer demand for sustainable products while limiting costs and reducing the chances of price shocks.

Examples 130

Examples Artificial Inteligence Innovation Disruption 130

Destination Innovation

SEPTEMBER 20, 2021

Here are some notable examples. The Star Wars IV movie released in 1977 features a scene where the robot R2D2 projects a 3D Hologram image of Princess Leia asking Obi-Wan Kenobi for help. Jules Verne predicted the Moon Landing in his book, From the Earth to the Moon, written in 1865.

Video 357

Video Examples Data Project 357

Idea to Value

DECEMBER 6, 2022

So for example, you can ask it questions in natural text, and instead of just linking to a page with an answer, it will understand what you were looking to find out and write that answer for you. Here are two examples of what it is able to produce. Nick Skillicorn: can you give me a good example? Nick Skillicorn: and another?

Artificial Inteligence 278

Artificial Inteligence ChatGPT System Creativity 278

IdeaScale

APRIL 20, 2024

Mood boards are visual tools used in the early stages of a design process to convey the overall aesthetic, mood, and style of a project. What are Mood Boards? They consist of a curated collection of images, textures, colors, typography, and other visual elements that evoke the desired look and feel of the final product

Examples 130

Examples Project Tools Design 130

Paul Hobcraft

MAY 19, 2021

This is in stark contrast with the typical practice in technology development: learning is usually transferred across consecutive demonstration projects in different contexts to build confidence before widespread deployment commences. The acceleration that is needed also requires a large increase in investment in demonstration projects.

Report 345

Report Innovation Technology Policies 345

Qmarkets

SEPTEMBER 27, 2024

This step turns concepts into action by developing detailed project plans, resource allocations, timelines, and strategies for execution. Real-World Examples of Successful Ideation Processes Many companies have successfully used structured ideation processes to drive innovation and achieve significant business outcomes.

Ideation 104

Ideation Examples Crowdsourcing Software Review 104

Idea to Value

MAY 21, 2021

At this stage, no party is investing the minimum level for development to continue, and projects often have to stop due to lack of funding. Now, this does not mean it is impossible for projects to get through this valley. Think of Radar, transistors and email for example. Or alternatively, progress much more slowly than before.

Technical Review 286

Technical Review Innovation Technology Examples 286

Idea to Value

JANUARY 21, 2022

When I was quite early on in my consulting career, I was tasked with evaluating all of the current projects which a client had. This is an example of a zombie project. Zombie projects are projects that just refuse to die. It may even start life as an innovation project or pilot.

Project 248

Project Resources Ideation Meeting 248

Qmarkets

AUGUST 1, 2024

This article delves into various types of company innovation, highlighting real-life examples of businesses that excel in these areas. Additionally, we’ll explore how these examples relate to Qmarkets’ key use cases: idea management, continuous improvement, trend management, technology scouting, and innovation portfolio management.

Examples 87

Examples Company Trends Idea Management 87

Idea to Value

FEBRUARY 22, 2023

For example, take a sales negotiation for a used car. Other examples of how anchoring happens in the real world including any time you see a product being discounted on sale. It is also a reason why so many estimates for innovation projects (and in fact plans for all projects ) can be so wrong.

Study 272

Study Project Examples Strategy 272

Idea to Value

NOVEMBER 28, 2022

One of the best ways to assess what proportions your company should allocate to different types of innovation projects is by looking at your current and desired innovation portfolio. This is one of the fundamental strategic questions which every business leader needs to consider. The 70-20-10 ratio was always an average though.

Project 289

Project Innovation Report Software Review 289

Idea to Value

AUGUST 6, 2021

How do you manage projects where the requirements are likely to change frequently. A common high-level example of this sequence for software development might be as follows: Backlog: All new ideas where there is not yet capacity to start are put in a backlog. One management method which might be of interest is KANBAN.

Software Developers 321

Software Developers Software Development How To LEAN 321

Idea to Value

JANUARY 7, 2022

One prominent example of this was Procter & Gamble, makers of the Swiffer and many other household products. Ability to focus and not be pulled in multiple directions by competing projects. Ability to create a holistic innovation portfolio where it is clear which projects are being worked on.

Underperforming Technical Team 291

Underperforming Technical Team Resources Innovation Project 291

Leapfrogging

APRIL 19, 2024

Introduction to Virtual Team Project Management In today’s globalized business environment, virtual team project management has become an indispensable aspect of organizational success. Be transparent about project timelines and deliverables to set feasible expectations.

Project 100

Project Management Software Review Technical Review 100

Leapfrogging

APRIL 19, 2024

Introduction to Virtual Team Project Management In today’s globalized business environment, virtual team project management has become an indispensable aspect of organizational success. Be transparent about project timelines and deliverables to set feasible expectations.

Project 100

Project Management Software Review Technical Review 100

Idea to Value

JULY 21, 2021

And what impact does this have on innovation projects? Innovation projects are especially likely to suffer from decision makers not understanding their own Ambiguity Effect bias, since innovation can never provide all of the desired evidence in advance. It may be linked to a cognitive bias called the Ambiguity Effect bias.

Project 295

Project Creativity Report Study 295

Idea to Value

JULY 21, 2017

An excellent example, outlined in the video below, is Adobe’s Kickbox program, which gives anyone who has an idea and wants to try it out a box with advice on how to approach the experiment and a pre-paid credit card with $1,000 to be used however the person wants. like P&G’s Connect and Develop platform).

Company 251

Company Underperforming Technical Team Brainstorming Design Thinking 251

IdeaScale

APRIL 20, 2024

Scrum is defined as a framework used primarily in the field of software development to facilitate iterative and incremental project management. What is Scrum? It is based on principles of Agile software development and emphasizes flexibility, collaboration, and continuous improvement to deliver high-quality products efficiently.

Examples 100

Examples Software Developers Software Development Agile 100

IdeaScale

AUGUST 10, 2021

For example, research shows the COVID-19 pandemic sped up the digital transformation, with companies reporting they are three times likelier to conduct at least 80% of customer interactions online. Take a deep dive into essential practices and examples from clients all around the globe. Collaborate on Innovative Projects.

Crowdsourcing 246

Crowdsourcing Innovation Programs Survey Innovation 246

Idea to Value

OCTOBER 5, 2021

Nobody knows exactly what to do next in an innovation project, because often the end goal is still being developed, or it might even change throughout the journey. What is a good example of an innovation project compass? Unfortunately, you will not be able to give them an exact answer.

Project 233

Project Innovation Processes Tools Examples 233

Idea to Value

NOVEMBER 27, 2019

For example, a project team with strong capabilities to deliver innovation can be prevented from succeeding by a management team with inappropriate governance processes. Facilities & Locations: Project teams are provided with space, spaces, equipment, and tools to run their required innovation experiments.

Company 283

Company Underperforming Technical Team Innovation Leadership 283

Idea to Value

MARCH 23, 2022

For example, analysis of mutual fund managers in 2011 found nearly half of the managers did not themselves invest in the core funds they were advising customers to buy. Or I can give an example of my own start at one of the world’s biggest consulting firms.

Software 266

Software Analysis Examples Meeting 266

Idea to Value

APRIL 11, 2023

Once you have agreed those success criteria, prioritising ideas and innovation projects becomes a lot more straightforward. These criteria should align with the company’s strategy, the expectations on the innovation team, and what the innovation managers believe is required from an overall innovation pipeline and portfolio of projects.

LEAN 221

LEAN Idea Generation Analysis Project 221

Idea to Value

JUNE 8, 2021

If you want to visualise it, it should look like a funnel, where a large number of ideas or projects are fed in the top, wide part of the funnel, and during various review stages, and as time passes those which show less promise are removed. After all, not all ideas are good ideas.

Innovation 201

Innovation Project Resources Groups 201

Idea to Value

MARCH 1, 2022

Everything was done to set up the project for success. Problems were discovered, priorities changed, enthusiasm dissipated and slowly what was once seen as an exciting new innovation gathers dust in a list of zombie projects somewhere. But innovations fail at the handover points.

Development Team Review 252

Development Team Review Software Review Design Thinking Innovation 252

Idea to Value

JUNE 30, 2020

While there are many kinds of strong cultures that don’t focus on innovation, innovation cultures are always examples of strong organizational cultures. For example, if you’re mostly focused on incremental innovation, perhaps you need to be a bit more disciplined, but don’t necessarily need as strong leadership.

Culture 347

Culture Innovation Leadership Examples 347

Idea to Value

OCTOBER 27, 2022

As an everyday example, if you only have $1 to spend on lunch, you could either buy a $1 donut, or a $1 apple, but not both. Yes, you cannot invest in two full-scale innovation projects which require the same people, money and resources. Whichever one you choose, you give up the opportunity to have the other (at that moment in time).

LEAN 232

LEAN Resources Project Innovation Management 232

Idea to Value

MARCH 15, 2022

For example: People who build a box from IKEA were willing to pay 63% more for it than someone who was just shown the final box. The name comes from IKEA furniture, which almost always requires the customer to assemble it themselves.

Examples 269

Examples Creativity Project Innovation 269

Jeffrey Phillips

JUNE 29, 2021

Wisconsin, for example, has a lot of custard shops. In reality, what this leads to is lots of small projects, where many aren't focused on important new opportunities or markets that are vital for the longer term success of the company. In fact, one could say that I am a connoisseur of ice cream. Italy has delicious gelato. And so on.

Crowdsourcing 244

Crowdsourcing Innovation Project Marketing 244

Idea to Value

MARCH 31, 2022

I want to tell you a story about the most clear example of failure I know of. If your creative project has some people who don’t give you the reaction you were hoping for, does it mean you cannot improve and do better later? These drugs were worth an estimated AUD $200 million, or about US $140 million. Of course not.

Course 249

Course Creativity Project Learning 249

Idea to Value

JUNE 28, 2021

This way, more projects can be tested at lower costs, with only the ones with validated potential getting further funding to continue. But how do you actually reduce the costs of the projects in the first place? However, innovation projects are almost impossible to plan in the same manner.

Software Review 182

Software Review Project Resources Innovation 182

Idea to Value

JULY 14, 2023

One of the most cited-assessments of the bias from 2011 gives the following examples: When it comes to predicting what will happen to us tomorrow, next week, or fifty years from now, we overestimate the likelihood of positive events, and underestimate the likelihood of negative events.

Project 209

Project Examples Marketing Data 209

Idea to Value

OCTOBER 30, 2022

For example, you might have a version of a screenplay you are working on, having spent 1,000 hours to bring it is in its current format. So sometimes, it makes much more sense to release something when it is good enough, and then have the time and focus available to work on the new new project. Done is better than perfect.

Creativity 259

Creativity Project Examples 259