Archive for: October, 2015

You can’t mandate innovation

state of global innovation report 2015Pretty much every “state of corporate innovation” report confirms what we already know about corporate innovation:

  • Innovation matters more than ever and organizations view it as a priority.
  • Most organizations have plenty of ideas, but struggle mightily to convert promising ideas into real-world innovations.
  • More than leadership, or funding, or anything else, corporate culture is the primary impediment to innovation success.

Imaginatik’s most recent state of innovation 2015 report isn’t that different.

There is nothing inherently wrong with doing these reports, the problem is that most nothing changes from one report to another.

Rohan Light On Forecasting And Data Analytics

forecasting and data analyticsWe live in world in flux, various trends are crashing into each other to create heaps of data that most businesses are only just starting to discover. Forward thinking businesses that are innovation driven have established a capability for capturing and interpreting the data, turning insight into game-changing ideas.

But most businesses are still lagging, big time.

What are the Best Functions of Business Intelligence Software?

Nowadays, it is extremely important that your company not only be rich in data, but also rich in insight. Business Intelligence refers to the process of extracting information and transforming it into data that will support the future decisions of your company. Business Intelligence provides a platform to build data for insight through queries, reports and online analytical processing.

Business Intelligence is gaining a sturdier foothold in the business sector based on its ability to be fast and effective. It allows for quick and detailed data analysis along with easier eye-catching presentation that surpasses those long hours spent hashing out statistics and spreadsheets. Ultimately, the better your Business Intelligence tool is, the smaller the revenue drain will be. Here is a list of some of the best functions Business Intelligence software can provide.

What’s the difference between crap and good enough?

What’s good and what’s crap? Why do celebrate crap? This is the topic of this week’s podcast, and a discussion on our journey through embracing crap making and coming out better for it.

I saying I repeat early and often is “Ok-ness is the enemy of greatness”. You see, most stuff that exists is good enough, and that goes for people too. 

The attitude needed to be a better forecaster…and innovator

SuperforecastingPeople who are good at forecasting, including innovators, are good at changing their minds; an uncommon attitude. Changing ones mind contradicts the conventional wisdom of relying on experts for right answers. Truthfully, experts have no place in predicting future events because when it comes to discovering and predicting the unknowns, experts are overrated.

How so?