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Is Your Innovation Program Successful?

December 19th, 2017|

In an Innovation Point article, Founder Soren Kaplan notes that only one third of Fortune 1000 companies have defined innovation metrics. And yet 77% of business leaders see innovation as a priority. How is it possible that something that is so important to business leaders doesn’t have a defined set of KPIs?

Innovative Design Elements That Will Improve Your Website

December 8th, 2017|

Websites are the heart and core of every modern business. Your entire marketing efforts and promotions are supposed to lead visitors to your website and convert them into customers. In a sense, a business website is there to seal the deal. However, no matter how good your marketing efforts are, if your website isn't good enough, your potential customers will simply leave. In addition, online consumers have certain expectations when it comes to business websites, such as good functionality, speed, user-friendliness and so on.

5 Things Innovative Companies Can Learn From Amazon

December 7th, 2017|

It is no secret that Amazon is a titan of industry. Given their tremendous success, they are quite obviously doing more than a few things right. While there are undoubtedly a myriad of different reasons that this company has become the giant that it now is, today we will be taking a look at five of the lessons that other companies can learn from Amazon.

Remote Workers and Data Security: 5 Tips for Employers

December 5th, 2017|

With the increased mobility of modern networks and the explosion in mobile device use, more companies are finding benefits in allowing employees to work remotely. At the same time, maintaining security across multiple devices and public networks presents a challenge.

Innovation and Cost Savings

December 4th, 2017|

Even if your organization doesn’t yet have an embedded innovation program, I can guarantee that your organization cares about finding opportunities for savings. That’s why programs like LEAN and Six Sigma continue to do so well. There are always new ways to improve efficiency and time saved almost always means money saved.

Innovation Simplified

December 1st, 2017|

Organizations rely on innovations to sustain competitiveness. Managers often talk about innovations. Some use it as an ornament. Perhaps innovation is the mostly abused word by organizations and practicing managers. There are dozens of definitions for the word innovation.

How to Present a Perfect Innovative Pitch

November 28th, 2017|

If you want to win, you need to be smart. As a pitch presenter, you’re ought to not just capture the attention of your prospects but also win their hearts. In today’s marketplace, innovation is highly appreciated and wanted. Coming up with a brilliant new product idea is the first aspect. The second is about how you present it to those who might be interested to get involved.

The FDA’s Digital Health Innovation Action Plan and Cybersecurity for Digital Healthcare

November 27th, 2017|

The number one issue for aging consumers is the lack of privacy related to sensitive medical information and other data that wearables like Fitbits and heart monitors bring without proper oversight. This is part of the reason for the FDA’s Digital Health Innovation Action Plan (DHIAP), which is meant to speed up the evaluation process for digital health technologies and allow the FDA to better focus on high-risk products.

Protecting Big Data from Cyberattacks

November 24th, 2017|

We are seeing an unprecedented increase in data breaches across organizations in both private and public sectors. The most recent cyber attack on Equifax, one of the major credit rating agencies, is equally alarming and frightening to millions of customers. Public or private data is no longer safe anymore.

5 Ways to Innovate Your Company’s Cash Flow

November 22nd, 2017|

Good cash flow is essential to any business, no matter the size or sector, and we know that to maintain a healthy bank balance, it is important that cash outflow is smaller than cash inflow. Balancing is just one part of the equation, however - let's take a look at a few ways to innovate your company's cash flow.

Want to Build a Culture of Innovation? Then Seek Out Your Innovation Agents

November 20th, 2017|

‘No man is an island, entire of itself’ runs the saying and it should probably go on to say that no concept should be introduced in isolation either. In the VUCA world, we’re all challenged with constantly trying to do something new, to create lasting change, transformation and disruption. That challenge means it helps to have others on your side, adding their enthusiasm, energy, perspective and creativity to the mix. Why… because if there’s one truth about innovation, it’s that it’s definitely not a solo sport!

6 Benefits of Ongoing Employee Development

November 17th, 2017|

In many organizations, work is pretty consistent and predictable: go into the office, perform your tasks, and go home. Many people spend years doing their jobs without much advancement or ongoing career development.

What are Circular Business Models (CBM)?

November 16th, 2017|

Shortly, the demands and needs of approximately nine billion people will be about three times the current resources. At this time challenges will accelerate for the deficiencies of resources and enormous production of waste. Circular Business Models (CBM) is the solution for not only improving resource management and decreasing waste production but also reducing costs and expanding firm performance.

Don’t “Fiddle” with the Crowd – Ask it Better Questions Instead

November 15th, 2017|

As the examples of successful use of crowdsourcing to address complex technical, business and social issues grow in numbers, so do the instances of failed crowdsourcing campaigns. To make crowdsourcing a widely recognized idea-generating and problem-solving tool, it’s imperative to understand the reasons of why this tool can fail or underperform.

How to Know Who Has the Right Skills for the Job

November 15th, 2017|

Hiring is a deeply imperfect process that probably has as many misses as hits. You’ve probably seen it in action: a new hire looks perfect on the paper and interviews well but has mediocre performance or clashes with co-workers constantly. Finding the person with the right skills is hard, but there are ways to pick more of the right candidates for a job.

Sink or Swim: Nouveau Economical Survival Strategies

November 13th, 2017|

Special understanding is critically needed on how new cyclones of artificial intelligence-laced, blockchain technology-driven digital platforms with capabilities like LinkedIn and baby-Alibaba type models will dance on global trade. Alibaba just broke some records: USD 1 billion sales in 3 minutes, and the other day some 24 billion dollars in 24 hours. This is dancing with global trades and prosperity on world stage. What are these deployment programs and who is stopping such mobilization in other nations?

3 Innovators of the 1800s Who Changed the World

November 1st, 2017|

Humans have been incredible innovators since the beginning of our history. Each new invention laid the groundwork for more sophisticated technology, more advanced cultural practices, and more impressive innovations. We often take the things we have for granted, but it’s important to remember that not so very long ago, great minds were working on innovations that would change the world and make our lives easier, safer, and more comfortable.

The i-Word

October 27th, 2017|

Is there any word more fundamental to the modern business lexicon than ‘innovation’? To say that it forms an important part of enterprise is probably an understatement.