2024

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Jack Welch’s GE Was The Wrong Model To Take From The 90s. Lou Gerstner’s IBM Is The Right One

Digital Tonto

When Jack Welch was named “Manager of the Century” by Fortune magazine in 1999, it was still unclear what his legacy was going to be. Yet all the success belied serious problems rumbling underneath the surface. Welch increased profits largely by “financializing” the firm. Innovation languished. Yet perhaps the greatest indictment of Welch is those he chose to carry on his legacy.

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The great miscalculation–and exit–of multinationals in Africa… again

Christensen Institute

Deja vu. In 2015, many multinational companies exited Africa. Nestle cut staff across 21 countries and Barclays, Coca-Cola, Cadbury, Eveready, and SABMiller retreated from different African markets they once believed had promise. The allure of Africa, particularly the widely referenced Africa rising narrative, was fading. The reasons the multinationals cited were all too familiar: failing or inexistent infrastructure, smaller than expected consumer market, struggling institutions, and corruption

Report 145
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Before You Start Collaborating with Someone, Talk About Your Work Styles

Harvard Business Review

When you’re working with new people, spending time upfront to have an explicit and open conversation about each other’s work styles and preferences can prove to be one of the best time investments. This “style alignment” conversation can lay a foundation for trust and understanding and help you set agreements for how to successfully work together. Yet, many people shy away from having these conversations for two reasons.

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Top 40 Innovation Bloggers of 2023

Innovation Excellence

After a week of torrid voting and much passionate support, along with a lot of gut-wrenching consideration and jostling during the judging round, I am proud to announce your Top 40 Innovation Bloggers of 2023: Robyn Bolton Robyn M.

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Navigating the Future: Generative AI, Application Analytics, and Data

Generative AI is upending the way product developers & end-users alike are interacting with data. Despite the potential of AI, many are left with questions about the future of product development: How will AI impact my business and contribute to its success? What can product managers and developers expect in the future with the widespread adoption of AI?

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Many Employees Fear Being Replaced by AI — Here's How to Integrate It Into Your Business Without Scaring Them.

Entrepreneur - Innovation

There's no need to convince employees of the merits of artificial intelligence — just show them they are about to become more relevant, not less.

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Managing Product Portfolios with AI | Sopheon

Sopheon

InnovationOps is the way of the future for any organization intent on efficient, repeatable and scalable innovation. By bringing together culture, ways of working, people and products, companies can operationalize innovation and bring every team member together under an overarching goal.

More Trending

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4 Questions Worth Asking on International Women’s Day

Planview

Nearly 115 years ago, Clara Zetkin set a vision: that every country, every year, would celebrate women on the same day. The group that Zetkin rallied in Copenhagen then — about 100 passionate women from 17 countries — has grown exponentially. In fact, International Women’s Day (IWD) is now an official holiday in more than 25 countries, with thousands of marches, debates, concerts, and talks taking place each year.

Policies 105
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Qmarkets and Arable Ventures Launch Partnership to Provide Combined Corporate Venturing Software & Consultancy Services

Qmarkets

A new partnership between Qmarkets and New York-based innovation and venture strategy firm Arable Ventures will provide a specialized innovation solution for enterprises across North America comprising both strategic consultancy services and dedicated software. Qmarkets works with consulting partners around the globe in order to offer localized support and strategic guidance to its customers wherever they are situated.

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Practicing Detachment: A Pathway to Fostering Sustainable Growth

Faisal Hoque

Detachment is not about disconnecting from the world; it's about finding inner peace amidst chaos, and embracing change with grace.

Change 105
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The NFL Draft: Are Teams Getting Better at Selecting Talent?

Michael Roberto

On Thursday, we will have the NFL Draft in which each team selects college players. The draft has become a major television event, and an entire industry of analysts, scouts, and analytics gurus has emerged to flood the airwaves with "expert" commentary. Teams have invested heavily in their scouting departments, and the assessment tools and analytics they use to select players are allegedly far more advanced than they were decades ago.

Tools 55
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Turn Payments Into Personalization: Unlock the Value of Transaction Data

Speaker: Loreal Lynch, Everett Zufelt, and Michaela Weber

Once upon a time, in the vast realm of online commerce, there lived a humble checkout button overlooked by many. Yet, within its humble click lay the power to transform a mere visitor into a loyal customer. 🧐 💡 Getting checkout right can mark the difference between a successful sale and an abandoned cart, yet many businesses fail to make payments a part of their commerce strategy even when it has a direct impact on revenue.

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There Is No Formula For Success. We Need To Prepare For Luck.

Digital Tonto

The French writer Albert Camus believed our existence was absurd. He compared the human condition to Sisyphus, the mythical Greek king condemned to roll a boulder uphill, only to see it roll back down, for eternity. Incredibly, Camus imagines Sisyphus, returning to his labors at the foot of the mountain, as happy, having found meaning in his task. That is the nature of existential rebellion, to find meaning for yourself in a universe that provides none.

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Transforming existing schools is an exercise in futility

Christensen Institute

The need to transform our K–12 schools grows more pressing each day. But here’s the hard truth: transforming existing schools is nearly impossible. The primary obstacle? Value networks. What is a value network ? It’s the environment that an organization exists within—the external entities that provide key resources and define the rules for staying in business.

Exercises 139
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Why Engineers Should Study Philosophy

Harvard Business Review

The ability to develop crisp mental models around the problems you want to solve and understanding the why before you start working on the how is an increasingly critical skill, especially in the age of AI. Coding is one of the things AI does best and its capabilities are quickly improving. However, there’s a catch: Code created by an AI can be syntactically and semantically correct but not functionally correct.

Study 138
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Is Customer Obsession a Two-Way Street At Your Company?

Innovation Excellence

GUEST POST from Shep Hyken One of my favorite ways to measure a customer’s satisfaction level with a company or brand is by using the Net Promoter Score (NPS) question, which is, “On a scale of zero to 10, how likely are you to recommend this company to a friend or colleague?

Company 106
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Manufacturing Sustainability Surge: Your Guide to Data-Driven Energy Optimization & Decarbonization

Speaker: Kevin Kai Wong, President of Emergent Energy Solutions

In today's industrial landscape, the pursuit of sustainable energy optimization and decarbonization has become paramount. Manufacturing corporations across the U.S. are facing the urgent need to align with decarbonization goals while enhancing efficiency and productivity. Unfortunately, the lack of comprehensive energy data poses a significant challenge for manufacturing managers striving to meet their targets.

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As a Black Woman CEO, I Built a Remote Company Not Just to Save Money — But to Mirror My Commitment to Diversity. Here's How.

Entrepreneur - Innovation

To fuel innovation and global success, you absolutely need diverse perspectives — and having team members all across the world with varying thought processes, life experiences and viewpoints is the key.

Company 109
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Innovation Management Trends In The Future | Sopheon

Sopheon

With the introduction of generative AI (GenAI), organizations are trying to find the best way to use the technology to support InnovationOps initiatives. In bringing together a company’s culture, ways of working, people and products, companies can operationalize innovation and bring every team member together under an overarching goal. With the help of GenAI, companies will support an InnovationOps ideology more seamlessly and innovate at scale more easily.

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The Rule of Thirds

Rmukesh Gupta

In one of her interviews, Olympian, author and film maker Alexi Pappas shares what she learnt from her coach – The Rule of Thirds. According to the rule, if we are pursuing a worthy goal, a third of the time we are in pursuit we should feel great, a third of the time, we should feel ok and a third of the time we should feel bad. If the proportion of the time we feel great, ok and bad is around the same, we are on track.

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What Problem Does "Free the Genie for Teams" Actually Solve?

Idea Champions

Some team leaders, when they first hear about Free the Genie , assume it is a "nice to have" service -- intriguing and unique -- but not necessarily essential. Nothing could be further from the truth. In reality, Free the Genie is an antidote for a wide range of problems most forward-thinking teams regularly encounter. 1. Difficulty getting to the root causes of problems in order to frame the kind of powerful questions that lead to game-changing ideas, initiatives, and measurable results. 2.

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Peak Performance: Continuous Testing & Evaluation of LLM-Based Applications

Speaker: Aarushi Kansal, AI Leader & Author and Tony Karrer, Founder & CTO at Aggregage

Software leaders who are building applications based on Large Language Models (LLMs) often find it a challenge to achieve reliability. It’s no surprise given the non-deterministic nature of LLMs. To effectively create reliable LLM-based (often with RAG) applications, extensive testing and evaluation processes are crucial. This often ends up involving meticulous adjustments to prompts.

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Revolutionizing the Deal-Making Landscape: yet2’s 11 Deals in a Single Month

Yet2

One of the ways we measure our success is through getting our clients to a deal with the companies we scout on their behalf. Last month, yet2 broke the record for deals in a single month with 11 deals in February 2024. To Compare: Looking back at 2022 , we set a new record for deals. Compared to 2021, we increased our deal count by 60%, and compared to 2020, we saw a whopping 140% increase.

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If You Want To Tell A Kick-Ass Story, Do These 3 Things

Digital Tonto

Some years back I was invited to visit the Institute for Advanced Study in Princeton. Over the years many of the world’s greatest minds have taken up residence there. It was where Einstein, along with other giants like Oppenheimer, von Neumann and Gödel, would reside until his death in 1955. It is a place, for me at least, in which stories permeate from every corner and crevice.

Study 192
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6 Common Leadership Styles — and How to Decide Which to Use When

Harvard Business Review

Research suggests that the most effective leaders adapt their style to different circumstances — be it a change in setting, a shift in organizational dynamics, or a turn in the business cycle. But what if you feel like you’re not equipped to take on a new and different leadership style — let alone more than one? In this article, the author outlines the six leadership styles Daniel Goleman first introduced in his 2000 HBR article, “Leadership That Gets Results,” and explains when to use each one.

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6 Strategic Concepts That Set High-Performing Companies Apart

Harvard Business Review

Strategic concepts come in and out of fashion as the needs and dynamics of the marketplace change. Research and analysis of today’s landscape identifies six key strategic concepts that set outperforming companies apart: Borrow someone’s road, partner with a third party, reveal your strategy, be good, let the competition go, and adopt small scale attacks.

Company 139
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How Mature Companies Are Scaling Transformational New Businesses

Scaling transformational innovations in large companies is challenging due to ‘Company Fit’ issues, which arise when the resources, processes, and priorities (RPPs) of the core business are not aligned with the needs of the new business. Many companies have learned how ambidexterity—the ability to both ‘exploit the present and explore the future,’ can help them address these issues for ideation and incubation of new innovations, but scaling transformative business innovations remains a challenge

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Leading a Company That Can Thrive in a Chaotic World

Harvard Business Review

Worldwide, the past few years have been marked by multiple, intersecting crises — and things aren’t likely to get less complicated anytime soon. The authors met with a group of CEOs to discuss how they lead amid this ongoing chaos. To thrive in this chaotic new world, organizations need leaders with inner strength, character, and a moral compass. By continually adapting and learning, they’ll enable their organizations to navigate these ever-turbulent waters.

Company 138
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When You Have to Make a Strategic Decision Without Much Data

Harvard Business Review

One big challenge that leaders have when figuring out how or where their companies can grow is that a dearth of data about future problems and opportunities. In these situations, there are three techniques that leaders can employ to develop insights: look at customers and startups for signs of change, experience new technologies rather than just read about them, and practice “associative thinking,” which means connect two seemingly disparate concepts to develop a novel idea.

Data 139
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4 Reasons Why Managers Fail

Harvard Business Review

Gartner research has found that managers today are accountable for 51% more responsibilities than they can effectively manage — and they’re starting to buckle under the pressure: 54% are suffering from work-induced stress and fatigue, and 44% are struggling to provide personalized support to their direct reports. Ultimately, one in five managers said they would prefer not being people managers given a choice.

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A Growth Strategy that Creates and Protects Value

Harvard Business Review

For organizations to truly innovate and grow, leaders in every role and at every organizational level must be attuned to how they are creating new value while simultaneously protecting existing value. Just as a soccer coach must simultaneously pursue both scoring and defending, leaders must constantly focus their attention on opportunities to create value — through innovation, risk-taking, and experimentation — and to protect value — by preserving and defending key aspects of their responsibilit

Strategy 135
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How Automation is Driving Efficiency Through the Last Mile of Reporting

Speaker: Jamie Eagan

As organizations strive for agility and efficiency, it's imperative for finance leaders to embrace innovative technologies and redefine traditional processes. Join us as we explore the pivotal role of digitalization and automation in reshaping what is commonly referred to as the “last mile of reporting”. We’ll deep-dive into why digitalization is no longer a choice, but a necessity for finance departments to stay competitive in a fast-paced environment touching on: 2024 trends for the Office of

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A Simple Hack to Help You Communicate More Effectively

Harvard Business Review

Using a structured approach when communicating can help you prioritize what you need to convey. In this article, the author introduces his “What, So What, Now What” framework. Much like the Swiss Army knife, known for its versatility and reliability, this structure is flexible and can be used in many different communication situations. The structure is comprised of three simple questions: 1) What: Describe and define the facts, situation, product, position, etc. 2) So What: Discuss the implicati

Meeting 142
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Put Marketing at the Core of Your Growth Strategy

Harvard Business Review

Companies that make the decision to put marketing at the core of their growth strategy outperform the competition, according to McKinsey research. Specifically, both B2C and B2B companies who view branding and advertising as a top two growth strategy are twice as likely to see revenue growth of 5% or more than those that don’t (67% to 33%). Yet their research also showed that few CEOs recognize the potential for marketing as a growth accelerator.

Marketing 137
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5 Well-Intentioned Behaviors That Can Hurt Your Team

Harvard Business Review

Most people can spot a toxic leader and connect the dots on why and how they are causing damage. But it’s much harder to recognize when well-intentioned leaders are actually hurting their teams because they aren’t aware of their negative impact, and team members aren’t always comfortable pushing back. If you’re a manager with a strong desire to be helpful to your team, be aware of these five common ways you may inadvertently hurt them despite your best intentions.

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How to Make Small Talk with Anyone from Anywhere

Harvard Business Review

Meet-and-greet conversations can be uncomfortable. And they can feel especially daunting when you’re paired with strangers from different cultures, like when networking in a global business context. In this setting, light and introductory-style conversations (what some of us know as “small talk”) can be very helpful, and even necessary. Small talk is a quasi-universal tool for initiating conversations with strangers from different cultures, for building a quick rapport, and for planting the seed

How To 136
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From Whims to Wins: How a Customer-Centric Portfolio Transforms Product Strategy

Speaker: John Mansour - President, Product Management University

You know that sinking feeling. You’ve come up with a winning product strategy, everyone’s on board and energized, and you’re halfway down the path to execution only to have it submarined by something someone convinced your leadership was more strategic! It’s a scenario that’s all too familiar, and it exemplifies one of the biggest struggles with individual product strategies.