Intelligent Disobedience for Product Managers

Intelligent Disobedience for Product Managers and Innovators

Are there times that product managers need to be disobedient – not do what they were asked to do? If such a situation arose, would the product manager be insubordinate or practicing a form of innovation? After all, the people that product managers report to make mistakes – they can’t always be right. But, to willfully practice disobedience? It could ...

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5 Practical Programs that Build Innovation

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As the business world is changing rapidly, the practical application of innovation programs can be confusing to organizations that are starting on an innovation path. Some methods are more useful than others depending on the goal of the organization and its particular strengths and weaknesses. Following are five of the most effective programs you can use to grow innovation. Internal ...

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Crowdsolving in Action: From Wikipedia to Firefox

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From restaurant reviews in Yelp to traffic information in Google Maps, crowd-sourced information has become more and more integrated into the websites, apps and other technologies that we use every day. In all of these cases, the information collected from users requires low thought on the part of the users submitting the information. However, in the aggregate, this information provides ...

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Innovations in Fintech

Innovations in Fintech

Technology automation tends to have two phases: In the first phase, automation replaces human decision-making and process with an inflexible set of rules, often creating new problems even as it solves old ones, and shutting out those who may be outliers or may be “exceptions to the rule.” But the next phase is where the innovation really kicks in, and this is when that automation becomes intelligent, data-rich, and capable of actually making rational decisions that improve and enhance the level of customer service, and open up new opportunities for the business that could not have existed previously.

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Six Reasons why Cross-Functional Innovation Teams Fail

Six Reasons why Cross-Functional Innovation Teams Fail

Once you have identified a great idea for a new product or service innovation what do you do?  Many firms put together a cross-functional team (XFT) and tell them to bring the product to market.  It seems like a good approach. They have budget, people, and empowerment.  What could possibly go wrong?  Lots of things. Here are six common reasons ...

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Books as Tools: A Guide to Open Innovation and Crowdsourcing

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A Guide to Open Innovation and Crowdsourcing is a compendium of best practices, advice and case studies from leading thinkers, commentators and practitioners edited by Paul Sloane. Chapters are written by an international team of eminent thinkers, writers and practitioners in the field, and covers the definition of open innovation, how to manage virtual teams and co-create with customers, how to overcome legal and IP issues and common mistakes and pitfalls to avoid.

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Thinking Through a Crowdsourcing Initiative [2/3]

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Crowdsourcing does have a real potential in my mind but does seem to have some formidable issues to work through, to be well understood and managed. Partnering with experts in this field will help overcome many of these barriers or at least have reassuring suggestions for resolving them. Let’s take a look at some of these here in this post. ...

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