Innovation Talks

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Welcome to Innovation+ Talks. Each week our host, Paul Heller talks at the executive level about how strategic innovation and new product development are essential for thriving in the modern marketplace. Paul is regularly joined by top executives and cross-industry thought leaders who share their unique insights and key learnings garnered from decades of experience.

Paul Heller


    • Oct 21, 2024 LATEST EPISODE
    • weekly NEW EPISODES
    • 28m AVG DURATION
    • 468 EPISODES


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    Latest episodes from Innovation Talks

    Bye for Now

    Play Episode Listen Later Oct 21, 2024 18:42


     Today, Paul reflects on his journey as an innovation evangelist and shares the valuable lessons he's learned over nearly four decades in the industry. He expresses gratitude to his listeners, guests, and colleagues while recounting the significant milestones that have shaped the Innovation Talks series. This introspective episode serves as a heartfelt farewell as Innovation Talks closes its podcast run, leaving a legacy of knowledge and insight for innovators worldwide. Paul Heller has an illustrious career advancing innovation practices across various organizations. Paul's work has influenced countless professionals in the field. With a background at IBM and startup experience, Paul's journey is rich with firsthand accounts of implementing cutting-edge solutions and methodologies such as Expert Systems and Stage Gate. His unique perspective on cross-functional integration and empathy in innovation has made him a revered voice in the industry. “Staying positive and seeing the good in every situation keeps the spirit of innovation alive through any challenge.” ~ Paul Heller Today on Innovation Talks: • The importance of cross-functional understanding: Innovation involves marketing, sales, manufacturing, distribution, product development, and customer success, aligning towards a common goal. • Embracing diverse business disciplines: Experience in sales, consulting, customer support, and engineering development can significantly enhance one's capability in innovation. • The value of empathy: Empathy towards colleagues, especially when challenges arise, is crucial for a positive and collaborative work environment. • Staying positive as a strategic advantage: Maintaining a positive attitude and seeing the best in people can drive team morale and productivity. • Configurability as a cornerstone: Unique processes and success measurements require adaptable systems, a lesson learned from product configurator projects. • The evolution of Expert Systems to AI: Early experience with Expert Systems demonstrates how foundational technologies have evolved into modern AI applications. • Importance of compassion in leadership: Genuine compassion and understanding within teams foster a collaborative environment conducive to innovation. • Continuous learning and respect for colleagues: Maintaining a beginner's mindset and respecting peers can lead to ongoing personal growth and team success. Resources Mentioned: • Guy Kawasaki's Wikipedia page: To learn about the origins of the term "evangelist" in a technology context. https://en.wikipedia.org/wiki/Guy_Kawasaki • Sopheon: A company supporting innovation and methodologies like Stage Gate. https://www.sopheon.com/ • Union Pacific Railroad innovations: Historical examples of early AI application in rail maintenance and optimization.https://www.up.com/aboutup/community/inside_track/ai-rahul-insights-it-230721.htm • Gateway 2000: A case study in product configurators for complex product sales. https://www.techspot.com/article/2087-gateway-2000/  This Podcast is brought to you by Sopheon Thanks for tuning into this week's episode of Innovation Talks. If you enjoyed this episode, please subscribe and leave a review wherever you get your podcasts. Apple Podcasts | TuneIn | GooglePlay | Stitcher | Spotify | iHeart Be sure to connect with us on Facebook, Twitter, and LinkedIn, and share your favorite episodes on social media to help us reach more listeners, like you. For additional information around new product development or corporate innovation, sign up for Sopheon's newsletter where we share news and industry best practices monthly! The fastest way to do this is to go to sopheon.com and click here.

    Golden Rules for a Sustainable Business with Jim Fava

    Play Episode Listen Later Oct 14, 2024 35:12


     Jim Fava is the recently retired Executive Director at Anthesis Group, which supports businesses and governments in understanding and navigating the risks and opportunities they face. Throughout his career, Jim has provided invaluable guidance, tools, and expertise on strategies and actions that enable organizations to operate in a more environmentally responsible and sustainable manner. Renowned as the "father of modern-day life cycle assessment," he has devoted his career to advancing and promoting the practice and application of life cycle information worldwide. His efforts have contributed significantly to supporting global decision-making processes. Notably, he led the United States delegation responsible for shaping the first generation of ISO LCA standards. Moreover, Jim co-founded influential organizations such as the UNEP/SETAC Life Cycle Initiative, Five Winds International, and the Forum for Sustainability through Life Cycle Innovation (FSLCI). Today, Jim and I discuss what his career taught him about supporting businesses and governments, turning risks into opportunities, and strategies and actions to operate more sustainably. Jim shares his journey from frat house to c-suite and talks about how he saw the human impact on the environment firsthand and started focusing on sustainability. He outlines life cycle assessment and how it helps us understand the environmental impact of a product over its entire life. He cites disposable diapers as a case study to understand life cycle assessment. Jim also recounts his experience in developing the Technical Framework for Life Cycle Assessment (LCA) and the Code of Practice that eventually became the foundation of the International Organization for Standardization's (ISO) Environmental Management Standards.  “You have to put what we want to have happen in the language of the decision-makers, and that's our revenue, brand, cost, and risk management.” - Jim Fava This week on Innovation Talks: ●     Jim's best sustainable business strategies ●     The Life Cycle Assessment journey to sustainability ●     What cloth diapers can teach us about sustainability ●     How Jim played a leading role in the development the Life Cycle Assessment Methodology ●     How Life Cycle thinking affects product design ●     The ten golden rules for achieving sustainability ●     How to drive change ●     The urgency of sustainability in business management ●     The role of the product manager  Resources Mentioned: ●     Early Life Cycle Assessment Books Laid the Foundation for Modern-Day LCA●     The Origins of LCA: Perspective from The Father of Modern-Day Life Cycle Assessment Connect with Jim Fava: ●     Jim Fava Website●     Jim Fava on LinkedIn This Podcast is brought to you by Sopheon Thanks for tuning into this week's episode of Innovation Talks. If you enjoyed this episode, please subscribe and leave a review wherever you get your podcasts. Apple Podcasts | TuneIn | GooglePlay | Stitcher | Spotify | iHeart Be sure to connect with us on Facebook, Twitter, and LinkedIn, and share your favorite episodes on social media to help us reach more listeners, like you. For additional information around new product development or corporate innovation, sign up for Sopheon's newsletter where we share news and industry best practices monthly! The fastest way to do this is to go to sopheon.com and click here.

    Reimagining tomorrow with futurist Thomas Frey

    Play Episode Listen Later Oct 7, 2024 35:56


    Today, Paul has an enlightening conversation on the future of technology and innovation with futurist Thomas Frey to explore how emerging technologies, robotics, and biotechnologies are poised to reshape our lives. Diving into the potential evolution of entertainment, healthcare, quantum computing, and the role of personal bots, they offer a glimpse of a future where technology redefines human potential. Thomas Frey is a prominent futurist and the founder of the Da Vinci Institute. Renowned for his engaging keynotes and thought-provoking predictions, Thomas travels globally to discuss how burgeoning technologies will shape the future. With extensive expertise in foresight and innovation, he is often sought after for his ability to expand people's understanding of upcoming trends and developments. Thomas has also authored several publications, including "Future Like a Boss," and actively contributes to his blog at futuristspeaker.com. "Technology will redefine human potential, enabling people to become exponentially more adaptable." ~Thomas Frey Today on Innovation Talks: ·     The inevitability and rapid pace of technology.·     There is a need for exponentially better talent in the tech industry.·     The potential of robotic performances and races blends with human entertainment.·     The shift from pharmaceutical solutions to biotechnological systems.·     The world's largest quantum computer and its future applications.·     Predictions, including smart glasses and personal bots.·     Insights into demographic changes and their implications on technology and jobs.·     Philosophical thoughts on societal balance and the necessity of struggle. Resources Mentioned: "Future Like a Boss": Thomas Frey's book is available as a course on thinking like a futurist. Quantum computing developments by Quantinium.https://www.quantinuum.com/ Thomas Frey's columns and blogs at Future Speaker.https://futuristspeaker.com/12 Famous Quotes that Will Change Your Lifehttps://futuristspeaker.com/futurist-thomas-frey-insights/12-famous-quotes-that-will-change-your-life/  Connect with Thomas Frey: Website: https://futuristspeaker.com/  Thomas Frey Futurist of the Year 2024https://foty2024.sgmk.edu.pl/en/thomas-frey-en/   Ready to Transform Your Innovation Strategy?If you're a product manager or innovator looking to streamline your processes and turn chaos into control, you won't want to miss this opportunity.Dive into our exclusive, free eBook on Innovation Ops strategies designed just for you.Learn the secrets to revolutionizing your approach and achieving success with clarity and precision.Download your copy today.Visit https://info.sopheon.com/innovationops-ebookStart your journey to becoming an innovation powerhouse now! This Podcast is brought to you by SopheonThanks for tuning into this week's episode of Innovation Talks. If you enjoyed this episode, please subscribe and leave a review wherever you get your podcasts. Apple Podcasts | TuneIn | Stitcher | Spotify | iHeart Be sure to connect with us on Facebook, Twitter, and LinkedIn, and share your favorite episodes on social media to help us reach more listeners like you. For additional information about new product development or corporate innovation, sign up for Sopheon's monthly newsletter, where we share news and industry best practices! The fastest way to do this is to go to sopheon.com and click here.

    Sustainable Innovation: Integrating Value Creation, Project Discipline, and Collaboration with Neil Hawkins

    Play Episode Listen Later Sep 30, 2024 41:13


    Today, Paul and Neil Hawkins discuss integrating sustainability into corporate innovation, focusing on blending value creation, project discipline, and collaboration to achieve long-term sustainability goals. An industry expert, Neil discusses his strategies and experiences from his extensive career promoting sustainable business practices. For 31 years, Neil was a key leader at Dow, ultimately serving as Chief Sustainability Officer and CVP, Environment, Health, & Safety for the last twelve years. He was the architect of the breakthrough “valuing nature” collaboration with The Nature Conservancy, and he integrated environmental and social considerations into the core of the Dow's business strategy and public reporting. He is widely recognized as one of the world's top sustainable business thought leaders. After Dow, as President of Michigan's Erb Family Foundation, a $350mm regional philanthropy, he focused on improving regional arts in the Great Lakes ecosystem, promoting environmental justice, and founding the Sustainable Business Network of Detroit. He served as interim CEO and President of the World Environment Center, facilitating a merger with Wildlife Habitat Council. He is President of Michigan Sustainability Associates, LLC and Research Advisor/Instructor at Harvard University in the Master of Sustainability ALM program. "Cultivate an environment where sustainability is not just a checkmark but a core value driving every stage gate process." ~Neil Hawkins Today on Innovation Talks: ·     Integrating sustainability into corporate processes is crucial: Embedding sustainability within every business process drives long-term success and profitability.·     Leadership and employee enthusiasm are vital: Effective transformational change hinges on support from both top leadership and committed lower-level employees.·     Addressing middle management resistance: The so-called "frozen middle" often resists change; successful strategies involve engaging and educating them.·     Early efforts yield financial and environmental returns: Dow's initial sustainability goals delivered a $4 billion return on a $1 billion investment, demonstrating clear economic benefits.·     Focus on expertise before implementation: Ensuring capable individuals are in place before integrating sustainability screens prevents ineffective practices.·     Continuous progress in sustainable innovation: Companies increasingly adopt sustainability strategies, illustrating an industry-wide shift towards more sustainable practices.·     Collaborative initiatives drive innovation: Partnerships with other industries and stakeholders can significantly accelerate sustainability goals.·     Listening to stakeholders enhances outcomes: Understanding internal and external stakeholder needs is essential for effective sustainability integration. Guest contact information: Follow Neil Hawkins on LinkedIn for updates on sustainability topicshttps://www.linkedin.com/in/neil-hawkins-he-him-his-695a977?lipi=urn%3Ali%3Apage%3Ad_flagship3_profile_view_base_contact_details%3B9AeDqQXXSSSaugUSH2vRzQ%3D%3D Resources mentioned: Project Charter Bloghttps://www.linkedin.com/pulse/trick-sustainability-consulting-projects-project-neil-neil-adhpe/ Value Proposition Blog for Sustainabilityhttps://www.wholeworks.com/blog/value-proposition-framework-sustainable-development Systems Change --- Breakthrough versus Incremental -- Systems Shifthttps://www.wholeworks.com/blog/value-proposition-framework-sustainable-development  Ready to Transform Your Innovation Strategy? If you're a product manager or innovator looking to streamline your processes and turn chaos into control, you won't want to miss this opportunity.Dive into our exclusive, free eBook on Innovation Ops strategies designed just for you.Learn the secrets to revolutionizing your approach and achieving success with clarity and precision.Download your copy today. Visit https://info.sopheon.com/innovationops-ebookStart your journey to becoming an innovation powerhouse now! This Podcast is brought to you by SopheonThanks for tuning into this week's episode of Innovation Talks. If you enjoyed this episode, please subscribe and leave a review wherever you get your podcasts. Apple Podcasts | TuneIn | Stitcher | Spotify | iHeart Be sure to connect with us on Facebook, Twitter, and LinkedIn, and share your favorite episodes on social media to help us reach more listeners like you. For additional information about new product development or corporate innovation, sign up for Sopheon's monthly newsletter, where we share news and industry best practices! The fastest way to do this is to go to sopheon.com and click here.

    How Do We Move Forward Deploying AI for New Product Development with Bob Cooper

    Play Episode Listen Later Sep 23, 2024 36:35


    Today, Paul and guest Bob Cooper look deeply into the deployment of artificial intelligence in new product development. The discussion revolves around the challenges of successfully implementing AI projects, the high failure rates, and the potential solutions to overcome these hurdles. They also discuss how AI transforms product innovation and process improvements across various industries, with insights drawn from Bob Cooper's extensive research and practical experiences. Bob Cooper, the founder of the Stage-Gate® methodology, is a renowned expert in new product development and innovation management. With decades of experience, he has been instrumental in refining processes businesses use to navigate the complexities of bringing new products to market. As a prolific author and a thought leader, his work continues to influence how organizations harness technological advancements like artificial intelligence to stay competitive. Cooper's blend of theoretical knowledge and hands-on expertise makes him a valuable resource for understanding the intricacies of AI in product development. "Imagine AI not as a replacement, but as an augmentation of human capabilities. With the right balance, AI can drive unprecedented innovation in product development." ~ Bob Cooper Today on Innovation Talks: ·     AI project failures often mimic traditional product development failures, with up to 80% of projects floundering due to poor technical understanding and misjudgment of user needs.·     The misinformation from vendors and promotional blogs significantly contributes to the high failure rate of AI projects.·     Successful AI deployment frequently parallels the Stage-Gate® processes used in traditional product development, highlighting the need for structured project management.·     Data quality is as crucial to AI as material quality is to manufacturing physical products; insufficient or poor-quality data undermines AI performance.·     While AI's role in product innovation is substantial, its impact is even more significant in process improvements, facilitating everything from idea generation to market launches.·     Trust and readiness to adopt AI are major hurdles; many companies are reluctant to rely fully on AI for decision-making, preferring human oversight.·     The financial sector has adopted AI more rapidly than product development industries, indicating a sector-specific readiness and application of AI technologies.·     Personal and professional AI literacy is essential; proficiency with tools like ChatGPT can significantly boost productivity and innovation capabilities.   Guest Contact Information: Website: www.bobcooper.cahttp://www.bobcooper.ca/ Resources Mentioned: http://www.bobcooper.ca/articles/artificial-intelligence-in-npd Rapid model: Roadmap for AI Implementation and Deploymenthttps://www.linkedin.com/pulse/adopting-artificial-intelligence-new-product-rapid-model-cooper-wze4eStage-Gate® methodologyhttps://www.stage-gate.com/blog/the-stage-gate-model-an-overview/Siemens software for digital twin technologyhttps://www.siemens.com/global/en/company/stories/industry/the-digital-twin.htmlChatGPT for idea generation and campaign strategieshttps://chatgpt.com/Resources: Bob Cooper's published books on innovation and new product developmenthttps://www.amazon.com/stores/Robert-G.-Cooper/author/B001IGOJG6?ref=ap_rdr&isDramIntegrated=true&shoppingPortalEnabled=true  This Podcast is brought to you by Sopheon Thanks for tuning into this week's episode of Innovation Talks. If you enjoyed this episode, please subscribe and leave a review wherever you get your podcasts. Apple Podcasts | TuneIn | Stitcher | Spotify | iHeart Be sure to connect with us on Facebook, Twitter, and LinkedIn, and share your favorite episodes on social media to help us reach more listeners like you. For additional information about new product development or corporate innovation, sign up for Sopheon's monthly newsletter, where we share news and industry best practices! The fastest way to do this is to go to sopheon.com and click here.

    Encore Episode: Innovation and defense with Colonel Eddie Corrigan

    Play Episode Listen Later Sep 16, 2024 32:54


    Colonel Eddie Corrigan is the Assistant Head of the UK Ministry of Defense's Concepts, Strategy, Force Development, Doctrine, and Lessons Defense Logistics division. With over 33 years of tactical, operational, and strategic experience across many logistics and supply chain activities in the defense and global context, he has delivered logistics effects and outputs – including supply, distribution, movements, information services, and infrastructure – around the world. From 2007 to 2010, Eddie served in the Royal Logistics Corps, where he was responsible for supplying and distributing all supplies to a military force of over 10,000 people and commanding a regiment of 600 people. Eddie joins me today to discuss the connection between innovation and defense for national security and military defenses. We discuss how he began working in innovation management and the challenges of creating, developing, and distributing new technologies. We discuss the impact of the Russia/Ukraine conflict on innovation. We discuss the relationship between corporate industries and the military, how it has shifted over the years, and how these collaborative efforts have benefited civilians and the military. We discuss cyber-security, the challenges associated with defending against cyber threats, and the solutions currently available to help defend against cyber attacks. We also discuss the benefits of converting AI capabilities into defense assets and how startup corporations can begin collaborating with the military on creating new, innovative defense technologies. “Industry does lead the way – but we are following quite closely.” - Colonel Eddie Corrigan This week on Innovation Talks: ●     How Eddie initially got involved in innovation management●     The challenges associated with creating innovative technology●     The ecosystem of using innovative ideas in national defense●     How the Russia/Ukraine conflict is impacting the world of innovation●     Collaboration efforts between national military defenses and corporate industries●     Eddie's advice to startup corporations on collaborating with the military on new, innovative technologies●     Defending against cyber attacks and cyber-security issues●     Converting AI capabilities into beneficial military and defense assets●     The innovation and technology challenges Russia is currently facing in its conflict with Ukraine Connect with Colonel Eddie Corrigan: ●     Colonel Eddie Corrigan on LinkedIn This Podcast is brought to you by Sopheon Thanks for tuning into this week's episode of Innovation Talks. If you enjoyed this episode, please subscribe and leave a review wherever you get your podcasts. Apple Podcasts | TuneIn | GooglePlay | Stitcher | Spotify | iHeart Be sure to connect with us on Facebook, Twitter, and LinkedIn, and share your favorite episodes on social media to help us reach more listeners like you. For additional information about new product development or corporate innovation, sign up for Sopheon's monthly newsletter, where we share news and industry best practices! The fastest way to do this is to go to sopheon.com and click here.

    The Leadership Trap: Balancing Identity with Customer-Centricity with Alex Slawsby

    Play Episode Listen Later Sep 9, 2024 34:40


      Today, Paul discusses the intricacies of corporate innovation and explores the challenges and successes in the mobile technology market of the early 2000s. Alex Slawsby, Chief Growth Officer at Innolead, joins in this enlightening discussion and introduces listeners to the upcoming Impact conference in Boston. The conference, aimed at corporate innovation leaders, will feature sessions on AI, collaboration, digital transformation, and much more. Alex Slawsby is a seasoned innovation leader with extensive experience in both analytical and executive roles. Beginning his career at IDC, he specialized in the mobile devices market, gaining profound insights into the challenges and innovations of the early 2000s. Alex currently serves as the Chief Growth Officer at Innolead, where he spearheads growth initiatives and fosters innovation across various corporate sectors. His knowledge of the evolution of digital experiences and organizational agility makes him a vital thought leader in the industry. "Innovation thrives when companies shift their focus from features to outcomes, delivering experiences that truly delight the customer." ~Alex Slawsby Today on Innovation Talks: ·     The Impact conference in Boston, scheduled for October 23 to 25, will focus on innovation themes and bring together notable speakers from leading organizations.·     In the early 2000s, mobile device companies often compromised product functionality by adding features without understanding consumer needs.·     Effective innovation requires balancing what's best for the company now versus what truly satisfies the customer.·     Transparent conversations within organizations are essential for navigating and implementing change.·     Companies must shift from technology-driven innovation to a more consumer-centered approach to create resonating products.·     The discussion highlights the rise and fall of mobile device companies like Palm and Handspring, emphasizing the need to adapt to market changes.·     Organizational agility and the ability to quickly pivot are key factors in achieving long-term success in the innovation landscape.·     There is a growing need for transformation and innovation workshops to help companies stay customer-centric and adapt to digital needs.  Resources Mentioned: Impact Conference in Boston, October 23 to 25 https://www.innovationleader.com/impact/ Innolead, for additional resources on corporate innovation https://www.innovationleader.com  Alex on Innovation Talkshttps://www.sopheon.com/podcasts-audio/innovation-leadership-101-how-chief-innovation-officers-shape-culture-and-drive-change-with-alex-slawsby-1  Guest Contact Information: Alex Slawsby: LinkedInhttps://www.linkedin.com/in/alexslawsby/  Ready to Transform Your Innovation Strategy? If you're a product manager or innovator looking to streamline your processes and turn chaos into control, you won't want to miss this opportunity.Dive into our exclusive, free eBook on Innovation Ops strategies designed just for you.Learn the secrets to revolutionizing your approach and achieving success with clarity and precision. Download your copy today. Visit https://info.sopheon.com/innovationops-ebook Start your journey to becoming an innovation powerhouse now! This Podcast is brought to you by SopheonThanks for tuning into this week's episode of Innovation Talks. If you enjoyed this episode, please subscribe and leave a review wherever you get your podcasts. Apple Podcasts | TuneIn | Stitcher | Spotify | iHeart Be sure to connect with us on Facebook, Twitter, and LinkedIn, and share your favorite episodes on social media to help us reach more listeners like you. For additional information about new product development or corporate innovation, sign up for Sopheon's monthly newsletter, where we share news and industry best practices! The fastest way to do this is to go to sopheon.com and click here.

    Encore: Innovation Leadership 101- How Chief Innovation Officers Shape Culture and Drive Change with Alex Slawsby

    Play Episode Listen Later Sep 2, 2024 32:23


    Alex Slawbsy is the Chief Growth Officer of InnoLead, an organization that creates content, events, and tools to help the world's largest network of corporate strategy, innovation, and R&D leaders drive change more successfully. Over the past 20 years, Alex has dedicated his time to researching, teaching, guiding, and leading corporate innovation strategy development, capability building, and new business incubation. Before InnoLead, Alex was the Director of Innovation at Embraer-X and an innovation consultant for several years for organizations, including Clayton Christensen's disruptive innovation consultancy, Innosight. Alex holds a Bachelor of Arts degree in Political Science from Brown University and a Master of Business Administration degree from the MIT Sloan School of Management. Alex joins me today to discuss why innovation leaders must shape culture to drive organizational change. He explains why innovation is difficult to quantify and how it's challenging for innovation leaders to argue their necessity to an organization. He outlines why innovating and change-making imply building trust and relationships within an organization. Alex also discusses hybrid work in the post-COVID era and how remote work may affect organizational culture, change-making, and innovation. “If you're trying to move the organization, you need to build the relationships, the bonds, the trust, and perhaps the mentorship with the people who will support you.” - Alex Slawsby This week on Innovation Talks:●     Alex's background in corporate innovation and the history of InnoLead●     The difference between innovation and invention●     Alex's insights on current shifts in innovation●     Current conversations around innovation, uncertainty, and the economy●     Communicating the value innovation leaders and innovation teams bring to an organization●     The innovator's dilemma and navigating innovation and change-resistant people●     The challenge of getting people to support something that may not be in the best interest of their careers●     How innovation teams are often perceived in companies●     How to avoid and manage the clash between innovation and the core business●     Connecting with consumers to understand what's best for them Connect with Alex Slawsby:●     InnoLead●     InnoLead on LinkedIn●     InnoLead on Instagram●     InnoLead on Facebook●     InnoLead on Twitter●     Alex Slawsby on LinkedIn This podcast is brought to you by Sopheon. Thanks for tuning into this week's episode of Innovation Talks. If you enjoyed this episode, please subscribe and leave a review wherever you get your podcasts. Apple Podcasts | TuneIn | GooglePlay | Stitcher | Spotify | iHeart | Amazon Be sure to connect with us on Facebook, Twitter, and LinkedIn, and share your favorite episodes on social media to help us reach more listeners like you. For additional information about new product development or corporate innovation, sign up for Sopheon's monthly newsletter, where we share news and industry best practices! The fastest way to do this is to go to sopheon.com and click here.

    AI-Powered Innovation with George Young

    Play Episode Listen Later Aug 26, 2024 42:43


    This week's episode explores the intricacies of AI-powered innovation and its transformative effects across various industries. Together with George Young, we dismantle the limitations and potential of artificial intelligence and machine learning in predicting outcomes. George elucidates these technologies' ongoing disruptions, especially within the consumer packaged goods sector during the COVID-19 pandemic, and underscores the rising importance of sustainability in modern manufacturing.George Young is a seasoned expert in digital innovation. Twenty years ago, he co-founded Calypso and is now the vice president of global digital services at Rockwell Automation. Based in Mumbai, George is deeply involved in digital transformations that address India's rapid infrastructure expansion. With an illustrious career stretching from organic chemistry and consulting to production and business management, George remains passionate about problem-solving and applying cutting-edge digital tools. His pivotal role in integrating digital information into physical products has significantly advanced consumer and product experiences."Introducing minimum viable products and emphasizing the importance of iterative feedback over waiting for perfection is fundamental to successful innovation." - George YoungToday on Innovation Talks:·     Limitations of AI and ML: George Young emphasizes that these technologies cannot predict outcomes without understanding the root causes.·     COVID-19 Disruptions: Insights into how the pandemic challenged the consumer packaged goods sector and prompted innovations.·     Digital Information in Physical Products: George illustrates digital tech integration in products like refrigerators and tires for improved consumer experiences.·     Generative AI in Innovation: Discussion on how AI can automate tasks like writing specifications, freeing time for more complex work.·     Cross-Disciplinary Expertise: The value of combining different fields of expertise to gain a competitive edge in product development.·     Sustainability and Worker Safety: Emphasizing these aspects can lower production costs and increase overall efficiency.·     Minimum Viable Products: Launching MVPs and continually seeking feedback to refine and perfect products is important.·     AI/ML for Portfolio Management: Using AI and machine learning to predict project cycle time and success rates, thereby enhancing portfolio management.Resources Mentioned:"13 Steps to Mindful Consulting": George Young's book based on Buddhist principles for a balanced and productive professional life.Connect with George Young:Email: george.young@rockwellautomation.comReady to Transform Your Innovation Strategy? If you're a product manager or innovator looking to streamline your processes and turn chaos into control, you won't want to miss this opportunity. Dive into our exclusive, free eBook on Innovation Ops strategies designed just for you. Learn the secrets to revolutionizing your approach and achieving success with clarity and precision. Download your copy today. Visit https://info.sopheon.com/innovationops-ebook Start your journey to becoming an innovation powerhouse now! This Podcast is brought to you by SopheonThanks for tuning into this week's episode of Innovation Talks. If you enjoyed this episode, please subscribe and leave a review wherever you get your podcasts.  Apple Podcasts | TuneIn | Stitcher | Spotify | iHeart Be sure to connect with us on Facebook, Twitter, and LinkedIn, and share your favorite episodes on social media to help us reach more listeners like you. For additional information about new product development or corporate innovation, sign up for Sopheon's monthly newsletter, where we share news and industry best practices! The fastest way to do this is to go to sopheon.com and click here.

    Mastering rapid change with Futurist Langdon Morris

    Play Episode Listen Later Aug 19, 2024 39:11


    Langdon Morris is a globally recognized futurist, innovation expert, and strategy consultant with a career transition into innovation dating back to 1998-99. As the founder of Innovation Labs in 2001, he has played a crucial role in establishing innovation departments and providing essential teaching and training for organizations worldwide. Langdon has authored several influential books on innovation and strategy, and his work has been instrumental in helping businesses and governments understand the consequences of their choices and prepare for future challenges. His extensive portfolio includes collaborations with major corporations and organizations like UNICEF, all aimed at shaping the future through a blend of strategy and innovation.This week's episode explores the dynamic world of rapid change and futurism. Our conversation centers around the concept of mastering rapid transformation in business and society with the insights of an expert in the field. Our guest, Langdon Morris, provides valuable perspectives on how organizations can navigate the unpredictable landscape of the future, emphasizing the importance of strategic foresight and innovation."Effective futurism is about understanding patterns and driving forces of change rather than making specific predictions." ~Langdon MorrisToday on Innovation Talks:·     Understanding Patterns of Change: Langdon Morris emphasizes that effective futurism focuses on recognizing patterns and driving forces rather than making specific predictions.·     End-User Value: Innovation's fundamental essence lies in the value the end-user or customer perceives.·     Eradicating Polio: Langdon discusses the collaboration between UNICEF, the Gates Foundation, and others to nearly eradicate polio globally.·     Comic Book Training: Innovative efforts included creating a comic book for illiterate health workers, significantly impacting polio vaccination campaigns.·     Small Business Innovation: For small businesses, innovation should focus on addressing customer complaints and making practical improvements without heavy frameworks.·     Innovation Master Plan: Medium to large companies need a structured innovation master plan to navigate rapid change effectively.·     Shared Strategies: Combining centralized and decentralized approaches in innovation is crucial, advocating for "and" thinking.·     Future Scenarios: Langdon's book "Hello, Future: The World in 2035" discusses potential scenarios for anticipating and preparing for future changes in innovation.Resources Mentioned:Langdon Morris' Websites: Explore Langdon's works and sign up for his newsletter at http://innovationlabs.com and http://langdonmorris.comBook: "Hello, Future: The World in 2035"UNICEF Collaboration: Insight into the polio eradication efforts involving UNICEF and other organizations.Frameworks for Innovation: Comprehensive approaches to scenario planning and strategic planning integrated with innovation. https://www.langdonmorris.com/publications Connect with Langdon Morris:http://innovationlabs.com http://langdonmorris.com https://www.linkedin.com/in/langdon-morris-636993 Ready to Transform Your Innovation Strategy? If you're a product manager or innovator looking to streamline your processes and turn chaos into control, you won't want to miss this opportunity.Dive into our exclusive, free eBook on Innovation Ops strategies designed just for you.Learn the secrets to revolutionizing your approach and achieving success with clarity and precision.Download your copy today.Start your journey to becoming an innovation powerhouse now! This Podcast is brought to you by SopheonThanks for tuning into this week's episode of Innovation Talks. If you enjoyed this episode, please subscribe and leave a review wherever you get your podcasts. Apple Podcasts | TuneIn | Stitcher | Spotify | iHeart Be sure to connect with us on Facebook, Twitter, and LinkedIn, and share your favorite episodes on social media to help us reach more listeners like you. For additional information about new product development or corporate innovation, sign up for Sopheon's monthly newsletter, where we share news and industry best practices! The fastest way to do this is to go to sopheon.com and click here.

    Next-Gen UX with Adrian Wong

    Play Episode Listen Later Aug 12, 2024 38:20


    In this episode, I sit down with Adrian Wong, a startup and global corporation innovation technology leader and venture partner with expertise in digital transformation, early-stage startups, and new product development. We discuss the evolving landscape of user experience (UX) design, the importance of understanding customer needs, and the challenges and opportunities that emerging technologies like AI, VR, and AR present for businesses. Adrian shares his insights on the future of UX and the critical role that design plays in shaping successful products and brands. Adrian is a dotcom veteran with a unique hybrid background as a product and creative director in startups and innovation CTO in corporations across a dozen industries. He's scaled gaming startup PKR to the fastest-growing UK tech company, pioneered innovation labs for AstraZeneca, BDO, and Wipro, and works as a fractional CxO and venture capitalist to invest in and support emerging digital ventures. He specializes in product, growth, artificial intelligence and corporate innovation - the practical application and commercialisation of emerging tech combined with consumer-grade UX for competitive advantage and democratisation of advanced technologies."Understanding the right problems to solve with technology is a common challenge for companies, and there's a growing emphasis on continuous learning and user research." ~Adrian WongToday on Innovation Talks:·     The Cambridge, UK, area fosters innovation due to its concentration of talent and innovative tech companies.·     User research and qualitative research are crucial for understanding customer behavior and incorporating it into the digital space.·     Voice interaction and differences in device interactions across the world, such as the super app environment in China, impact AI interactions and privacy concerns.·     Data privacy and IP protection pose challenges and opportunities for corporations and startups.·     The evolution of UX has progressed from static to dynamic, personalized experiences, with a focus on accessibility and inclusive design.·     Lean and agile methodologies have contributed to a more collaborative and iterative design process.·     AI and data analytics have led to increased personalization and customization in user experiences.·     The future of UX may involve multimodal interfaces, haptic feedback, brain-computer interfaces, and seamless cross-device experiences affecting the physical world. Connect with Adrian Wong:https://www.adrianxwong.com/https://www.linkedin.com/in/axwong/https://x.com/adrianxwonghttps://www.openvc.app/fund/Adrian%20Wonghttps://portfolio-collective.com/profile/adrian_1/Resources Mentioned:https://www.rainforest-alliance.org/RSC SustainabilityReady to Transform Your Innovation Strategy?If you're a product manager or innovator looking to streamline your processes and turn chaos into control, you won't want to miss this opportunity.Dive into our exclusive, free eBook on Innovation Ops strategies designed just for you.Learn the secrets to revolutionizing your approach and achieving success with clarity and precision. Download your copy today. Start your journey to becoming an innovation powerhouse now! This Podcast is brought to you by Sopheon Thanks for tuning into this week's episode of Innovation Talks. If you enjoyed this episode, please subscribe and leave a review wherever you get your podcasts. Apple Podcasts | TuneIn | Stitcher | Spotify | iHeart Be sure to connect with us on Facebook, Twitter, and LinkedIn, and share your favorite episodes on social media to help us reach more listeners like you. For additional information about new product development or corporate innovation, sign up for Sopheon's monthly newsletter, where we share news and industry best practices! The fastest way to do this is to go to sopheon.com and click here.

    Turning sustainability data into action, impact and brand value with Ruth Rennie

    Play Episode Listen Later Aug 5, 2024 40:32


    In this week's episode, I had an insightful conversation with Ruth Rennie about the growing importance of sustainability in business and how companies can leverage data to drive meaningful change. We explore the various factors pushing organizations to prioritize sustainability, the challenges they face in measuring and acting on sustainability data, and the crucial role of innovation in developing sustainable solutions. Ruth shares her expertise on how companies can effectively integrate sustainability into their operations and supply chains, ultimately creating value for their brand and the planet.Ruth Rennie is a seasoned expert in sustainability and social impact, currently serving as the Director of Standards and Impacts at Fairtrade International. With a robust background in social research and international development, Ruth has dedicated her career to advancing fair trade practices and improving the livelihoods of producers worldwide. Her extensive experience includes leading complex projects and developing rigorous standards that ensure ethical and sustainable supply chains. Ruth's passion for social justice and her strategic vision make her a pivotal figure in promoting equitable trade and fostering positive global change."Sustainability and innovation are both necessary for each other, leading to a fundamental rethinking of current business models and ways of working to incorporate sustainability." ~Ruth RennieToday on Innovation Talks:·     Millennials and consumers are increasingly pressuring companies to demonstrate sustainability efforts.·     Companies face legal action over misleading sustainability claims, forcing greater transparency and accountability.·     Specific and granular data is needed to understand and address sustainability challenges within supply chains.·     Companies are focusing on ensuring sustainable processes within their supply chain and developing new sustainable products and services.·     Sustainability and innovation are interconnected and need to be measured, monitored, and integrated into business processes.·     Companies need to associate value with sustainability across the organization, not just for marketing purposes.·     Aligning incentives and bringing together various skill sets can help support sustainability initiatives.·     Collecting the right and accurate data, rather than just gathering a large amount of data, is crucial for making informed decisions and driving innovation. Contact Ruth Rennie:LinkedIn Ready to Transform Your Innovation Strategy? If you're a product manager or innovator looking to streamline your processes and turn chaos into control, you won't want to miss this opportunity.Dive into our exclusive, free eBook on Innovation Ops strategies designed just for you.Learn the secrets to revolutionizing your approach and achieving success with clarity and precision.Download your copy today.Start your journey to becoming an innovation powerhouse now! This Podcast is brought to you by SopheonThanks for tuning into this week's episode of Innovation Talks. If you enjoyed this episode, please subscribe and leave a review wherever you get your podcasts. Apple Podcasts | TuneIn | Stitcher | Spotify | iHeart Be sure to connect with us on Facebook, Twitter, and LinkedIn, and share your favorite episodes on social media to help us reach more listeners like you. For additional information about new product development or corporate innovation, sign up for Sopheon's monthly newsletter, where we share news and industry best practices! The fastest way to do this is to go to sopheon.com and click here.

    Encore Episode: The Roadmapping Process

    Play Episode Listen Later Jul 29, 2024 20:43


    We use roadmaps as a reference to tailor our projects and various investments in the business. They're essentially our guide—a compass to where we want to be with all the details of getting there. However, many are confused by road mapping, especially regarding how it starts and who should spearhead it.  In this episode, I describe roadmapping and the different kinds of roadmaps. I explain what road mapping is from the viewpoint of innovation and why we conduct road mapping exercises in the first place. I share valuable resources that dive deeper into road mapping. I also discuss when an organization should update its roadmap and the data that makes an excellent roadmap. "Roadmapping is not a single-person endeavor, but a shared initiative." - Paul Heller This week on Innovation Talks: ●     Defining road mapping and the different varieties●     Roadmapping from an innovation perspective●     Considering when to update a roadmap in your corporation●     Why do we conduct road mapping exercises●     Valuable resources for road mapping Resources Mentioned: ●     Cambridge Roadmapping●     IfM Engage●     Sopheon Roadmapping This Podcast is brought to you by Sopheon Thanks for tuning into this week's episode of Innovation Talks. If you enjoyed this episode, please subscribe and leave a review wherever you get your podcasts. Apple Podcasts | TuneIn | GooglePlay | Stitcher | Spotify | iHeart Be sure to connect with us on Facebook, Twitter, and LinkedIn, and share your favorite episodes on social media to help us reach more listeners like you. For additional information about new product development or corporate innovation, sign up for Sopheon's monthly newsletter, where we share news and industry best practices! The fastest way to do this is to go to sopheon.com and click here.

    Encore Episode: Business Builders with Dan Adams

    Play Episode Listen Later Jul 22, 2024 35:50


    Dan Adams is a visionary in business growth and leadership, serving as president of the AIM Institute. With extensive experience guiding companies toward innovation and market-driven strategies, Dan has authored the groundbreaking book Business Builders. Dan's commitment to fostering a builder mentality in leaders has significantly impacted the business landscape, encouraging a new wave of transformative leadership.This week's episode explores the strategic mindset that sets apart the most successful companies from their competitors. Joining us is business leader Dan Adams, who discusses the concept of the "builder mentality," which is essential for long-term competitiveness and growth. We examine how these principles, laid out in Dan's new book and his research-backed survey, impact leadership styles, succession planning, and the understanding of leaders' roles in shaping companies for future success." Our belief is that the duty of a senior leader is to leave their business stronger than they found it.” - Dan Adams This Week on Innovation Talks:·     A builder mentality drives company growth: Dan Adams highlights that leadership focused on delivering customer value and expanding the company is most effective at driving growth.·     Different leaders impact organizations in unique ways: Builders, decorators, remodelers, and realtors—each leadership style has a distinct approach, with builders being the most growth-oriented.·     Understanding one's leadership style is key: Adams encourages leaders to use the self-assessment tool on his website to measure their belief system and adopt a builder mentality.·     Balancing leadership styles for sustainable growth: While different leaders have varied priorities, a balance of strategies is crucial for organic growth.·     CEOs must evolve with their companies: As companies grow, the need for a builder mentality remains critical, making succession planning pivotal.Connect with Dan Adams:LinkedIn Resources Mentioned:- Book: "Business Builders" by Dan Adams - AIM Institute- Builder Mentality Self-Assessment Tool This Podcast is brought to you by SopheonThanks for tuning into this week's episode of Innovation Talks. If you enjoyed this episode, please subscribe and leave a review wherever you get your podcasts. Apple Podcasts | TuneIn | Stitcher | Spotify | iHeart Be sure to connect with us on Facebook, Twitter, and LinkedIn, and share your favorite episodes on social media to help us reach more listeners like you. For additional information about new product development or corporate innovation, sign up for Sopheon's monthly newsletter, where we share news and industry best practices! The fastest way to do this is to go to sopheon.com and click here. 

    Using AI to boost B2B selling performance with Dan Adams

    Play Episode Listen Later Jul 15, 2024 37:21


    In this week's episode, we explore the transformative role of artificial intelligence in boosting B2B selling performance. We also explore the shift in training methodologies and innovations within the sales domain, a conversation enriched by the insights of our esteemed guest, Dan Adams. With a keen focus on AI's potential, we examine how technology acts as a catalyst for revolutionizing sales preparation and effectiveness.Dan Adams is a seasoned Aim Institute trainer specializing in B2B customer discovery techniques for Fortune 500 companies. A pioneer in integrating qualitative and quantitative methods for new product innovation, he has recently expanded his focus to the everyday voice of customer training, homing in on sales effectiveness. With a career dedicated to understanding and leveraging customer insights, Dan has successfully implemented AI tools that prepare sales teams more efficiently. His rigorous research in sales probing skills and his pragmatic approach to training make him a thought leader."Our new AI guide, Claire, is revolutionizing sales preparation by providing real-time coaching and feedback, thus changing our approach to training and coaching." ~Dan AdamsThis Week on Innovation Talks:·     The significance of using customer and company names in voice-of-customer (VoC) interviews to gain multiple perspectives within a business.·     The irreplaceable value of human interviews in B2B settings for obtaining critical insights that AI might miss.·     Utilizing AI for sales effectiveness, specifically in preparation and skills building for salespeople.·     The introduction of Sales Prep, an AI tool that generates comprehensive reports on customer news, market trends, and common issues.·     The challenge of onboarding new employees and technology's role in easing their transition.·     Dan's research confirms a strong correlation between effective probing skills and sales performance, compared to traditional sales training.·     The potential of AI-guided, asynchronous training as a cost-effective, rapid skill-building solution.·     An independent sales prep website driven by self-motivated individuals to foster internal adoption of new methodologies.Guest Contact Information:Dan Adams - Aim Institute Website: https://aiminstitute.com LinkedIn https://www.linkedin.com/in/danadams-aim/ Resources Mentioned:Sales Prep AI tool: A solution for generating customer insights and preparing for sales calls. https://theaiminstitute.com/services/everyday-voc-for-sales/AIM Institute Training Programs: B2B customer discovery and sales effectiveness training. https://theaiminstitute.com/services/new-product-blueprinting/b2b-voice-of-customer-training/ Ready to Transform Your Innovation Strategy? If you're a product manager or innovator looking to streamline your processes and turn chaos into control, you won't want to miss this opportunity.Dive into our exclusive, free eBook on Innovation Ops strategies designed just for you.Learn the secrets to revolutionizing your approach and achieving success with clarity and precision.Download your copy today.Start your journey to becoming an innovation powerhouse now! This Podcast is brought to you by SopheonThanks for tuning into this week's episode of Innovation Talks. If you enjoyed this episode, please subscribe and leave a review wherever you get your podcasts. Apple Podcasts | TuneIn | Stitcher | Spotify | iHeart Be sure to connect with us on Facebook, Twitter, and LinkedIn, and share your favorite episodes on social media to help us reach more listeners, like you.For additional information around new product development or corporate innovation, sign up for Sopheon's newsletter where we share news and industry best practices monthly! The fastest way to do this is to go to sopheon.com and click here.

    Data in the world of innovation decision making

    Play Episode Listen Later Jul 8, 2024 13:18


     This week, I discuss the critical role of data in innovation and decision-making. We explore the significance of data hygiene and its vital role in driving accurate and trustworthy decision-making in innovation. Drawing attention to the importance of data cleansing, I address how bad data can significantly impair good decision-making and discuss strategies to ensure data accuracy and trustworthiness. Paul Heller is a recognized authority in innovation management, specializing in methodologies that streamline and enhance the innovation process. With a wealth of experience working with databases and innovating various processes, Paul is deeply passionate about the intersection of data accuracy and innovation. He is currently driving thought leadership at Sopheon, focusing on improving portfolio management and innovation efficiencies for organizations worldwide. "Automate your data flow to maintain accuracy. Consistency in data entry ensures reliability and builds credibility in your innovation portfolio." ~ Paul Heller Today on Innovation Talks: ·     The Evolution of Data Hygiene: The shift from calling it data cleansing to data hygiene reflects the growing importance of maintaining clean and accurate data in today's tech-driven world.·     AI and Data Accuracy: AI's growing role in decision-making makes data hygiene even more critical to ensuring accurate and reliable outputs.·     Defining Terminology: Establish clear definitions for all data-related terms to avoid misunderstandings and ensure consistent team communication.·     Verified Data in Governance: Incorporate data verification steps into your governance process to maintain data accuracy and trust.·     Ownership of Data: Identifying and assigning ownership of specific data points ensures responsibility and accuracy in reporting.·     Process Verification: Regularly verify data at various stages of your process to prevent errors and maintain quality.·     Integration with Portfolio Management: Flow verified data straight into portfolio management systems to ensure consistency and reliability in decision-making.·     Awareness of Synthetic Data: Stay vigilant about synthetic data and its impact on your innovation and decision-making processes. Resources Mentioned: Ramesh Kolipera, CTO of KalinovaStageGate: Methodology for structured decision-making processesLean Six Sigma: Methodologies for optimizing processesDigital Twins: Virtual replicas for testing and optimization  Ready to Transform Your Innovation Strategy? If you're a product manager or innovator looking to streamline your processes and turn chaos into control, you won't want to miss this opportunity. Dive into our exclusive, free eBook on Innovation Ops strategies designed just for you. Learn the secrets to revolutionizing your approach and achieving success with clarity and precision. Download your copy today. Start your journey to becoming an innovation powerhouse now! This Podcast is brought to you by SopheonThanks for tuning into this week's episode of Innovation Talks. If you enjoyed this episode, please subscribe and leave a review wherever you get your podcasts. Apple Podcasts | TuneIn | Stitcher | Spotify | iHeart Be sure to connect with us on Facebook, Twitter, and LinkedIn, and share your favorite episodes on social media to help us reach more listeners, like you.For additional information around new product development or corporate innovation, sign up for Sopheon's newsletter where we share news and industry best practices monthly! The fastest way to do this is to go to sopheon.com and click here.

    Inside innovation: coaching emerging tech founders with Adam Judelson

    Play Episode Listen Later Jul 1, 2024 34:59


    Today, on Innovation Talks, we explore the intricacies of innovation coaching for emerging tech founders. We also discuss various strategies for integrating digital and analytical capabilities and the vital role of company culture in driving innovation. Our guest, Adam Judelson, brings a wealth of experience from both the public and private sectors, offering a unique perspective on the challenges and opportunities faced by today's tech entrepreneurs.Adam Judelson is a veteran in the field of product market fit with a rich background that spans government national security work, leading roles in tech companies like Palantir, and a successful career as a founder, CEO, and product coach. His company, First Principles, specializes in supporting both digital products and hybrid hardware-software companies in the emerging tech space. Adam's deep understanding of the product development lifecycle and his passion for mentoring product managers set him apart as a pioneer in innovation coaching."Understand that risk-taking is part of the game. To innovate, you must be willing to leap into the unknown and trust the process." ~Adam JudelsonThis Week on Innovation Talks:·     The importance of aligning company culture with innovation goals to avoid friction points.·     Different models companies can use to integrate digital and analytics capabilities, including acquisitions and in-house development.·     Adam's transition from government national security work to Palantir, where he doubled growth for Palantir Gotham.·     Valuable lessons from Adam's experience mentoring product managers who achieved significant career success.·     The trend of big corporations seeking innovation collaborations with startups, particularly in the digital product space.·     Natural strengths and the importance of building a network of people with fascinating stories.·     Essential skills for product managers, emphasizing communication with engineers and customers.·     Testing, prototyping, and developing ideas before market validation is necessary if they represent a deep underlying need.Resources and Contact Information:·     Adam Judelson's, Emergent Product: for the newsletter, podcast episodes, and videos.·     Connect with Adam Judelson on LinkedIn. Ready to Transform Your Innovation Strategy? If you're a product manager or innovator looking to streamline your processes and turn chaos into control, you won't want to miss this opportunity.Dive into our exclusive, free eBook on Innovation Ops strategies designed just for you.Learn the secrets to revolutionizing your approach and achieving success with clarity and precision.Download your copy today.Start your journey to becoming an innovation powerhouse now! This Podcast is brought to you by SopheonThanks for tuning into this week's episode of Innovation Talks. If you enjoyed this episode, please subscribe and leave a review wherever you get your podcasts. Apple Podcasts | TuneIn | Stitcher | Spotify | iHeart Be sure to connect with us on Facebook, Twitter, and LinkedIn, and share your favorite episodes on social media to help us reach more listeners, like you.For additional information around new product development or corporate innovation, sign up for Sopheon's newsletter where we share news and industry best practices monthly! The fastest way to do this is to go to sopheon.com and click here.

    Data-driven innovation with Krishnan Venkata

    Play Episode Listen Later Jun 24, 2024 36:55


    In this episode of Innovation Talks, we dive into the intricate world of data-driven innovation. I have the pleasure of speaking with Krishnan Venkata, who sheds light on the potential value of mining various data sources, from research and development to consumer feedback. We explore how harnessing internal and external data, including insights from the web like blogs and forums, can revolutionize how companies understand and respond to consumer preferences.Krishnan Venkata is the Chief Client Officer at Latent View Analytics, a firm dedicated to maximizing the value of data for decision-making. With a technology and knowledge services background, Krishnan advises early-stage tech companies on growth strategies. Originally from India and currently based in Seattle, Washington, Krishnan brings an international perspective to the conversation. His journey from a small startup to leading a team of 1500 at Latent View Analytics speaks volumes about his commitment to leveraging analytics for innovation."Mining external data sources like blogs, forums, and reviews is essential to truly understand and anticipate consumer preferences." ~ Krishnan VenkataToday on Innovation Talks:The value of mining diverse data sources: Learn how data from R&D, patents, chemical formulations, and consumer feedback can provide unique insights.Importance of external data: Discover how blogs, forums, and online reviews reveal consumer preferences and trends.Recognizing the challenge of data silos: Understand why data being confined within departmental boundaries hampers actionable insights.Actionable insights in practice: Real-world examples highlight the importance of taking steps based on predictive insights, such as managing inventory.Generative AI for insights: Explore how AI can generate and alert you to potential decisions, starting with moderate accuracy and improving over time.Identifying AI use cases: Address organizations' struggle to pinpoint where AI can truly add value.Overcoming the fear of failure: Recognize the necessity of experimentation and the readiness to fail fast, learning along the way.Collaboration and data sharing: Grasp the shift towards collaborative innovation and the mutual trust required for data sharing within supply chains.Contact Krishnan:LinkedInLatent View AnalyticsResources Mentioned:Latent View Analytics: Specializing in maximizing data value and analytics for decision-making.“Smart Innovation” Platform: A tool by Latent View Analytics that helps predict and leverage market trends.Ready to Transform Your Innovation Strategy?If you're a product manager or innovator looking to streamline your processes and turn chaos into control, you won't want to miss this opportunity.Dive into our exclusive, free eBook on Innovation Ops strategies designed just for you.Learn the secrets to revolutionizing your approach and achieving success with clarity and precision.Download your copy today.Start your journey to becoming an innovation powerhouse now! This Podcast is brought to you by SopheonThanks for tuning into this week's episode of Innovation Talks. If you enjoyed this episode, please subscribe and leave a review wherever you get your podcasts. Apple Podcasts | TuneIn | Stitcher | Spotify | iHeart Be sure to connect with us on Facebook, Twitter, and LinkedIn, and share your favorite episodes on social media to help us reach more listeners like you.For additional information about new product development or corporate innovation, sign up for Sopheon's monthly newsletter, where we share news and industry best practices! The fastest way to do this is to go to sopheon.com and click here.

    Enterprise technology and why it matters with Geoff Scott

    Play Episode Listen Later Jun 17, 2024 44:07


     In this week's episode, we delve into the critical role of enterprise technology and why it matters in today's rapidly evolving business landscape. Our guest, Geoff Scott, sheds light on the complexities of integrating personal communication tools like iMessage into enterprise data systems, the transformative power of cloud computing, and the significance of community and face-to-face collaboration in fostering innovation. Geoff shares his valuable insights on how businesses can navigate the challenges of modern enterprise architecture, data migration, and maintaining effective operations in a digital-first world. Geoff Scott is a seasoned technology leader specializing in SAP implementation and operations. As the CEO of Americas' SAP Users' Group (ASUG), one of the largest technology communities globally, Geoff brings together a diverse ecosystem of purchasers, users, implementers, partners, and consultants. His career spans a transition from accounting to consulting, with hands-on experience in various industries, including automotive, food, and fashion. Geoff's primary focus is on enabling customers to maximize the value of their SAP investment through strategic collaboration with the partner ecosystem and SAP itself. Outside his role at ASUG, Geoff engages with global system implementers, consulting firms, and technology providers to align technological advancements with business value. "Enterprise technology should make jobs faster, smarter, and less friction-filled, with an emphasis on the importance of people and relationships." ~ Geoff Scott Today on Innovation Talks: • The challenge of integrating personal communication tools like iMessage into enterprise systems and ensuring data consistency.• The necessity of having all data available, including tacit knowledge, for AI tools to be effective.• The limitations of AI in high-stakes decision-making and the potential consequences of errors, exemplified by autonomous driving.• The scalability and speed advantages of cloud computing over traditional server provisioning, along with security and licensing considerations.• The superior security provided by hyperscalers compared to internal data centers, particularly for startups.• The importance of community and face-to-face collaboration in fostering innovation and professional growth.• The role of SAP as the central nervous system of an enterprise and the need for integration with major ERP systems for effective business operations.• The future of enterprise technology in the cloud, software as a service (SaaS), and minimal customization, highlighting the challenges and necessity of transitioning from on-premise systems.Connect with Geoff Scott:·     LinkedIn·     geoff.scott@asug.com  Resources Mentioned:• Cloud platforms like AWS, Azure, and Microsoft's cloud-based solutions for SAP, Excel, and Outlook.• ASUG (Americas' SAP Users' Group) for technology-related community events and resources.   Ready to Transform Your Innovation Strategy? If you're a product manager or innovator looking to streamline your processes and turn chaos into control, you won't want to miss this opportunity.  Dive into our exclusive, free eBook on Innovation Ops strategies designed just for you.  Learn the secrets to revolutionizing your approach and achieving success with clarity and precision.  Download your copy today.  Start your journey to becoming an innovation powerhouse now!  This Podcast is brought to you by Sopheon Thanks for tuning into this week's episode of Innovation Talks. If you enjoyed this episode, please subscribe and leave a review wherever you get your podcasts. Apple Podcasts | TuneIn | Stitcher | Spotify | iHeart Be sure to connect with us on Facebook, Twitter, and LinkedIn, and share your favorite episodes on social media to help us reach more listeners, like you. For additional information around new product development or corporate innovation, sign up for Sopheon's newsletter where we share news and industry best practices monthly! The fastest way to do this is to go to sopheon.com and click here.

    User-centric activation with Satyam Kantamneni

    Play Episode Listen Later Jun 10, 2024 35:06


    The Innovative Leader with Stephen Wunker

    Play Episode Listen Later Jun 3, 2024 31:29


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    innovative leader stephen wunker
    Exploring ethical product management with Radhika Dutt

    Play Episode Listen Later May 27, 2024 38:55


    Leadership and energy management with Richard Maddocks

    Play Episode Listen Later May 20, 2024 37:25


     In this week's episode, we delve into the fascinating realms of leadership, energy management, and innovation, all essential for driving business and personal growth. We unravel the complexities and necessary behaviors behind fostering an environment that nurtures creativity and innovation. Our special guest, Richard Maddox, is a seasoned professional who brings a wealth of experience and insights from his extensive career in leadership development and talent enhancement. Richard Maddocks is an internationally recognized inspirational speaker, training-workshop leader, coach, and author of ‘The Energy Book'. Former CEO of an international IT company, Richard combines long-term business experience with a passion for unleashing potential in people, teams and companies. His passion for unleashing potential has enabled more than 14,000 people to experience increased fulfilment, impact and happiness in their professional and personal lives.  "Applied imagination is at the core of pushing boundaries and achieving innovative results." - Richard Maddox Today on Innovation Talks:•         Creativity and innovation are applicable across all fields, not just traditionally 'creative' industries.•         The process of creativity involves innovation and the creation of a supportive culture that involves the right people.•         Challenging the status quo and constantly seeking improvement are necessary for leadership and business success.•         Leaders should promote risk-taking and create environments where team members can experiment and learn from failures.•         Looking outside one's immediate industry can offer invaluable new perspectives and spark innovation.•         Effective energy management can enhance personal productivity and creativity.•         Understanding and leveraging personal and team talents are essential for leadership and organizational growth.•         Learning from every situation and interaction is crucial, as highlighted by the impactful encounter with a dedicated janitor. Resources Mentioned:- "Drive Your Talents" program- Turbocharge Your Work e-learning program (which can also be accessed through upe-a.com): www.turbochargeyourwork.com - Unleash Potential e-Academy: https://www.upe-a.com/ - The Energy Book site: https://the-energybook.com/- Six Thinking Hats by Edward de Bono Connect with Richard Maddox:•      https://richardmaddocks.com/    Ready to Transform Your Innovation Strategy? If you're a product manager or innovator looking to streamline your processes and turn chaos into control, you won't want to miss this opportunity.  Dive into our exclusive, free eBook on Innovation Ops strategies designed just for you.  Learn the secrets to revolutionizing your approach and achieving success with clarity and precision.  Download your copy today.  Start your journey to becoming an innovation powerhouse now! This Podcast is brought to you by Sopheon Thanks for tuning into this week's episode of Innovation Talks. If you enjoyed this episode, please subscribe and leave a review wherever you get your podcasts. Apple Podcasts | TuneIn | Stitcher | Spotify | iHeart Be sure to connect with us on Facebook, Twitter, and LinkedIn, and share your favorite episodes on social media to help us reach more listeners, like you. For additional information around new product development or corporate innovation, sign up for Sopheon's newsletter where we share news and industry best practices monthly! The fastest way to do this is to go to sopheon.com and click here.

    Reflections on Sustainable Innovation with Hugh Blethyn

    Play Episode Listen Later May 14, 2024 32:00


    Hugh Blethyn is a Senior Managing Consultant at Sopheon, responsible for all aspects of our implementation teams, including our overall client success, engagement performance, and the teams' well-being. Hugh offers a wealth of knowledge, experience, and insight into digital transformation, business sustainability, and innovation. He holds a Bachelor's with Honors degree in Exploration Geology, Mineral Exploration Geology, and Management from Cardiff University, a Master's in Information Systems and Geospatial Information Systems, and a certificate in Business Sustainability Management from the University of Cambridge's Institute for Sustainability Leadership.   Hugh joins me today to discuss how the concept of sustainable innovation has evolved over the last five years and the rising interest in businesses becoming more mindful of how they package their products. We discuss Hugh's predictions for future trends in business sustainability and how government regulations lag behind what consumers demand and what many businesses are already doing. We share an inside glimpse into our sustainability webinar series and why more people within the workforce consider sustainability as a top priority in their job search. We also discuss what ‘natural capital' is and how it impacts the supply chain industry.   “People are starting to realize that they need to be in control of their actions, in control of their sustainable decision-making.” - Hugh Blethyn   This week on Innovation Talks:   ●     What inspired Hugh to explore the world of business innovation and sustainability ●     How the concept of sustainability and innovation has evolved in recent years ●     Why more businesses are interested in ‘greener packages.' ●     What Hugh believes the future holds for sustainability and innovation in business ●     How government regulation is lagging behind consumer demands in sustainability ●     Understanding the three scopes of CO2 submissions ●     What to expect from our sustainability webinar series ●     Why sustainability is important to the workforce and labor market ●     Understanding what ‘natural capital' is and how the supply chain industry impacts it ●     What Hugh believes our next steps should be in achieving sustainable innovation   Resources Mentioned:   ●     Thriving Sustainably Webinar 1: How to Approach Sustainability on a Corporate Level (https://www.sopheon.com/webinars/sustainability-on-a-corporate-level) ●     Thriving Sustainably Webinar 2: What Does a Sustainable Supply Chain Look Like (https://www.sopheon.com/webinars/what-does-a-sustainable-supply-chain-look-like) ●     Thriving Sustainably Webinar 3: Sustainable Innovation in Practice: A Conversation with Sappi (https://www.sopheon.com/webinars/sustainable-innovation-in-practice-a-conversation-with-sappi-sopheon-webinar)   Connect with Hugh Blethyn:   ●     Hugh Blethyn on LinkedIn (https://www.linkedin.com/in/hughblethyn/?originalSubdomain=nl)   This Podcast is brought to you by Sopheon   Thanks for tuning into this week's episode of Innovation Talks. If you enjoyed this episode, please subscribe and leave a review wherever you get your podcasts.   Apple Podcasts (https://podcasts.apple.com/us/podcast/innovation-talks/id1555857396) | TuneIn (https://tunein.com/podcasts/Technology-Podcasts/Innovation-Talks-p1412337/) | GooglePlay (https://www.google.com/podcasts?feed=aHR0cHM6Ly9pbm5vdmF0aW9udGFsa3MubGlic3luLmNvbS9yc3M%3D) | Stitcher (https://www.stitcher.com/s?fid=614195) | Spotify (https://open.spotify.com/show/1dX5b8tWI29YbgeMwZF5Uh) | iHeart (https://www.iheart.com/podcast/263-innovation-talks-82985745/)   Be sure to connect with us on Facebook (https://www.facebook.com/SopheonCorp/) , Twitter (https://twitter.com/sopheon) , and LinkedIn (https://www.linkedin.com/company/sopheon/) , and share your favorite episodes on social media to help us reach more listeners like you.   For additional information about new product development or corporate innovation, sign up for Sopheon's newsletter, where we share news and industry best practices monthly! The fastest way to do this is to go to sopheon.com (https://www.sopheon.com/) and click here (https://info.sopheon.com/subscribe) .

    The Importance of Sprint Portfolios with Huub Rutten

    Play Episode Listen Later May 14, 2024 27:24


    Huub J.M. Rutten is the VP of Research and co-founder of Sopheon. Throughout his 20 years of experience in linguistics, communication, and innovation management, he has helped manufacturing, insurance, banking, aerospace, chemical, and healthcare businesses modernize their innovation management methodologies and software. Before joining Sopheon, Huub spent 15 years teaching linguistic disciplines and communication skills at various Institutions of higher education and universities in the Netherlands. In addition to his work at Sopheon, he currently serves as an adjunct professor at the European Institute for Public Administration (EIPA), where he teaches European IT politics and strategies.   Today, Huub is back on the podcast to discuss portfolios and how companies can operate in an uncertain business climate and still see success. Huub shares how he was inspired by a quote from the leader of the German Chemical Association about sprint portfolios and marathon portfolios. He offers his thoughts on how leaders can balance the needs of the company in both the short term and the long term. We deliberate on how global events like war affect the supply chain and recommend steps businesses can take to be prepared for those dramatic moments. Huub also explains how data can help you and your team speak the same language.   “The infrastructure that you need as a company should be based on being prepared for the dramatic moment.” - Huub Rutten   This week on Innovation Talks:   ●     How to create a balanced portfolio even in difficult financial times ●     How to plan for both short-term and long-term success ●     Why it's necessary to have both a sprint and marathon portfolio ●     Possible disruptions in the chemical industry ●     The factors that affect supply chain issues ●     The importance of good governance ●     How data organization helps with long-term success   Resources Mentioned:   ●     Ansoff Matrixes (https://www.sopheon.com/products/acclaimideas/insights/innovation-management)   Connect with Huub Rutten:   ●     Huub Rutten Website (https://www.huubrutten.com/) ●     Huub Rutten on LinkedIn (https://www.linkedin.com/in/huub-rutten-9958136/?originalSubdomain=nl)   This Podcast is brought to you by Sopheon   Thanks for tuning into this week's episode of Innovation Talks. If you enjoyed this episode, please subscribe and leave a review wherever you get your podcasts.   Apple Podcasts (https://podcasts.apple.com/us/podcast/innovation-talks/id1555857396) | TuneIn (https://tunein.com/podcasts/Technology-Podcasts/Innovation-Talks-p1412337/) | GooglePlay (https://www.google.com/podcasts?feed=aHR0cHM6Ly9pbm5vdmF0aW9udGFsa3MubGlic3luLmNvbS9yc3M%3D) | Stitcher (https://www.stitcher.com/s?fid=614195) | Spotify (https://open.spotify.com/show/1dX5b8tWI29YbgeMwZF5Uh) | iHeart (https://www.iheart.com/podcast/263-innovation-talks-82985745/)   Be sure to connect with us on Facebook (https://www.facebook.com/SopheonCorp/) , Twitter (https://twitter.com/sopheon) , and LinkedIn (https://www.linkedin.com/company/sopheon/) , and share your favorite episodes on social media to help us reach more listeners like you.   For additional information about new product development or corporate innovation, sign up for Sopheon's newsletter, where we share news and industry best practices monthly! The fastest way to do this is to go to sopheon.com (https://www.sopheon.com/) and click here (https://info.sopheon.com/subscribe) .

    How to Make a Change with Good Product Management with Ulrike Laubner-Kelleher

    Play Episode Listen Later May 14, 2024 40:38


    Ulrike Laubner-Kelleher is a product management consultant and published author with over 20 years of experience advising companies of all sizes on how to successfully and efficiently bring their products to market. She empowers product managers and their teams with cutting-edge knowledge through training, masterclasses, and one-on-one mentoring. She has worked with over 100 companies, including UBS, ABL, RRC-Power Solutions, Elementar, Bystronic, Milwaukee Tools, JP3, and Scotiabank. Her mission is to bring better products to market more quickly by enabling product managers to impact their industry through customer-centered product creation. Ulrike's proprietary Red String Method helps companies become industry leaders by empowering teams through advanced product management know-how, creating skilled product managers, and fostering great inter-departmental team collaboration. The Red String Method has helped Ulrike's clients speed up time-to-market, make market-based decisions, and improve profitability by 30% or more. Her latest book is Powerful Communication for Product Managers.   Today, Ulrike joins me to discuss how she started her career 20 years ago and became a product manager before the profession had a label. She shares the most significant challenges product managers face and how she has helped companies refine innovation to be more successful. We discuss how business leaders can support product managers and outline the education, mentorship, and other resources product managers need to do their jobs properly. She emphasizes how marketing is often forgotten in the product development process, why the process is expected to be completed in just four weeks, and how product managers can ensure that everyone is on the same page with her Red String Method. Ulrike also breaks down how data should flow to support the product launch, prevent tasks and information from falling through the cracks, and ultimately achieve balance in the company.   "You cannot have a process without people and cannot have a product without people." - Ulrike Laubner-Kelleher   This week on Innovation Talks:   ●     How Ulrike became a product manager before the profession even existed ●     The main challenges in product management ●     How Ulrike's Red String Method connects products, people, and process ●     How the Red String Method can help make your company more profitable ●     How Ulrike streamlines the product management methodology ●     The role product managers play in a businesses success ●     The main differences between software and physical product management ●     How product management can be more sustainable   Connect with Ulrike Laubner-Kelleher:   ●     Ulrike Laubner-Kelleher Website (http://www.redstringmethods.com) ●     Book: Powerful Communication for Product Managers (https://www.amazon.com/Powerful-Communication-Product-Manager-Laubner/dp/3752855053/ref=sr_1_2?qid=1659641252&refinements=p_27%3AUlrike+Laubner&s=books&sr=1-2) ●     Book: A Product Manager's Cookbook (https://www.amazon.com/Product-Managers-Cookbook-Ulrike-Laubner/dp/3744802094/ref=sr_1_1?crid=CQZN3ZCE34AJ&keywords=ulrike+laubner&qid=1659641307&s=books&sprefix=ulrike+laubner%2Cstripbooks%2C52&sr=1-1) ●     Ulrike Laubner-Kelleher on LinkedIn (https://www.linkedin.com/in/ulrike-laubner-kelleher-26456028/) ●     Email: ulrike@redstringmethods.com   This Podcast is brought to you by Sopheon   Thanks for tuning into this week's episode of Innovation Talks. If you enjoyed this episode, please subscribe and leave a review wherever you get your podcasts.   Apple Podcasts (https://podcasts.apple.com/us/podcast/innovation-talks/id1555857396) | TuneIn (https://tunein.com/podcasts/Technology-Podcasts/Innovation-Talks-p1412337/) | GooglePlay (https://www.google.com/podcasts?feed=aHR0cHM6Ly9pbm5vdmF0aW9udGFsa3MubGlic3luLmNvbS9yc3M%3D) | Stitcher (https://www.stitcher.com/s?fid=614195) | Spotify (https://open.spotify.com/show/1dX5b8tWI29YbgeMwZF5Uh) | iHeart (https://www.iheart.com/podcast/263-innovation-talks-82985745/)   Be sure to connect with us on Facebook (https://www.facebook.com/SopheonCorp/) , Twitter (https://twitter.com/sopheon) , and LinkedIn (https://www.linkedin.com/company/sopheon/) , and share your favorite episodes on social media to help us reach more listeners, like you.   For additional information around new product development or corporate innovation, sign up for Sopheon's newsletter where we share news and industry best practices monthly! The fastest way to do this is to go to sopheon.com (https://www.sopheon.com/) and click here (https://info.sopheon.com/subscribe) .

    Innovation or Culture, Which Comes First with Charlie Widdows

    Play Episode Listen Later May 14, 2024 35:14


    Charlie Widdows is a thought leader and the Acclaim Ideas Product Specialist at Sopheon. Charlie joined the team after Sopehon acquired Solverboard, an innovative idea management tool that he co-founded. With a passion for ideation that spans over a decade, Charlie empowers customers to harness the full potential of their ideas. He believes that impactful ideas can change the world and is committed to helping businesses transform their ideas into better, more profitable products. Charlie is not content with merely achieving professional success. He gives back to his community as a business mentor at Black Valley, where he helps to increase equity in tech and foster Black entrepreneurship.   Charlie is back on the podcast to discuss the difficulties of creating an innovation-ready culture in a risk-averse world. He offers suggestions on how companies can become ready for innovation through culture shifts and uncover insights about innovation processes. We discuss how new ways of working can facilitate innovation and how most companies still use outdated technology. We deliberate on who innovation ideas should come from within the company and the qualities and skills an innovation manager needs. We also debate whether it's better to experiment with innovation behind closed doors or make it a transparent and educational process.   “The world will always want innovators working for them. If you feel like you're an innovative person and the business is just not listening to you, go somewhere else.” - Charlie Widdows   This week on Innovation Talks:   ●     How to know if your company is ready for innovation ●     The effect the pandemic has had on attitudes toward innovation ●     How digital tools have transformed the process of innovation ●     How to actualize ideas quickly ●     The 4 Vs of innovation culture ●     The value of openness and inclusivity for innovation ●     The qualities and skills innovation managers need to drive long-term success   Connect with Charlie Widdows:   ●     Charlie Widdows on LinkedIn (https://www.linkedin.com/in/charliewiddows/) ●     Charlie Widdows on Twitter (https://twitter.com/charliewid)   This Podcast is brought to you by Sopheon   Thanks for tuning into this week's episode of Innovation Talks. If you enjoyed this episode, please subscribe and leave a review wherever you get your podcasts.   Apple Podcasts (https://podcasts.apple.com/us/podcast/innovation-talks/id1555857396) | TuneIn (https://tunein.com/podcasts/Technology-Podcasts/Innovation-Talks-p1412337/) | GooglePlay (https://www.google.com/podcasts?feed=aHR0cHM6Ly9pbm5vdmF0aW9udGFsa3MubGlic3luLmNvbS9yc3M%3D) | Stitcher (https://www.stitcher.com/s?fid=614195) | Spotify (https://open.spotify.com/show/1dX5b8tWI29YbgeMwZF5Uh) | iHeart (https://www.iheart.com/podcast/263-innovation-talks-82985745/)   Be sure to connect with us on Facebook (https://www.facebook.com/SopheonCorp/) , Twitter (https://twitter.com/sopheon) , and LinkedIn (https://www.linkedin.com/company/sopheon/) , and share your favorite episodes on social media to help us reach more listeners, like you.   For additional information around new product development or corporate innovation, sign up for Sopheon's newsletter where we share news and industry best practices monthly! The fastest way to do this is to go to sopheon.com (https://www.sopheon.com/) and click here (https://info.sopheon.com/subscribe) .

    Empowering Entrepreneurs at the Founder Institute with Randy Eager and David Cerniglia

    Play Episode Listen Later May 14, 2024 26:52


    Randy Eager is the co-founder and CEO of SilisiumTech, where he helped innovate new processes to make solar electricity more affordable and accessible. SilisiumTech is the latest in a long string of companies Randy has founded, including Chement, ESTAT Actuation, and Aqualibrium. He has dedicated his life to launching new companies and helping early-stage entrepreneurs realize their innovative ideas.   David Cerniglia is a full-stack software developer passionate about building new software products. He studied 18th-century British literature and culture as a graduate student at Carnegie Mellon but later found himself drawn toward the path of entrepreneurship. Randy and David met at the Founder Institute, which Randy founded in 2017. The Founder Institute helps accelerate the journey of new entrepreneurs through mentorship and education.     Today, Randy and David discuss the Founder Institute. David explains how he went from studying humanities to becoming a software developer and how his time at the Founder Institute helped him find his true passion. Randy describes the Founder Institute experience and how the 14-week program helps students take an idea and turn it into a solid investor pitch. We also discuss the sense of community the Founder Institute fosters, how to find a chapter anywhere in the world, and how to apply.    “When you're an entrepreneur, you start something by yourself. It's a pretty lonely place to be. Many of the alums said that the reason to do the Founder Institute was to find your patch.” - Randy Eager   This week on Innovation Talks:   ●     How David and Randy met ●     The mission of the Founder Institute ●     How the Founder Institute program helps new entrepreneurs test their ideas for market ●     How David discovered the Founder Institute ●     How Founder Institute students form a community ●     The benefits of taking the Founder Institute worldwide ●     What David learned from his time at the Founder Institute ●     Why product managers are the best startup CEOs ●     How to apply to the Founder Institute   Resources Mentioned:   ●     Apply To Founder Institute  (https://fi.co/join/home)   Connect with Randy Eager and David Cerniglia:   ●     Founder Institute Website (https://fi.co/) ●     Randy Eager on LinkedIn (https://www.linkedin.com/in/randyeager/) ●     David Cerniglia on LinkedIn (https://www.linkedin.com/in/david-cerniglia/) ●     Founder Institute on LinkedIn (https://www.linkedin.com/company/founder-institute-pittsburgh/)   This Podcast is brought to you by Sopheon   Thanks for tuning into this week's episode of Innovation Talks. If you enjoyed this episode, please subscribe and leave a review wherever you get your podcasts.   Apple Podcasts (https://podcasts.apple.com/us/podcast/innovation-talks/id1555857396) | TuneIn (https://tunein.com/podcasts/Technology-Podcasts/Innovation-Talks-p1412337/) | GooglePlay (https://www.google.com/podcasts?feed=aHR0cHM6Ly9pbm5vdmF0aW9udGFsa3MubGlic3luLmNvbS9yc3M%3D) | Stitcher (https://www.stitcher.com/s?fid=614195) | Spotify (https://open.spotify.com/show/1dX5b8tWI29YbgeMwZF5Uh) | iHeart (https://www.iheart.com/podcast/263-innovation-talks-82985745/)   Be sure to connect with us on Facebook (https://www.facebook.com/SopheonCorp/) , Twitter (https://twitter.com/sopheon) , and LinkedIn (https://www.linkedin.com/company/sopheon/) , and share your favorite episodes on social media to help us reach more listeners like you.   For additional information about new product development or corporate innovation, sign up for Sopheon's monthly newsletter, where we share news and industry best practices! The fastest way to do this is to go to sopheon.com (https://www.sopheon.com/) and click here (https://info.sopheon.com/subscribe) .

    Why Product Sustainability Matters with Kevin Brady

    Play Episode Listen Later May 14, 2024 35:06


    Kevin Brady is a corporate and product sustainability expert specializing in improving organizations' environmental, social, and financial performance. As the founder of Sustainable Enterprise Consulting, he has helped Fortune and Global 500 companies in diverse industries such as mining, energy, consumer goods, transportation, and retail. In 2012, he was recognized as a member of Canada's Clean 16 for his achievements in clean capitalism. Kevin has written a number of books and reports, including Mapping the Journey: Strategies and Action toward Sustainable Development, Eco-efficiency: Global Challenges and Opportunities in the 21st Century, and Corporate Social Responsibility: Lessons Learned. He is also an adjunct professor at Carleton University School of Industrial Design. Today, Kevin shares the story of how he started his career and the challenges of getting companies to look more favorably at sustainability. He provides insight into the four main types of companies focusing on sustainability and what they get right and wrong about their environmental footprint. We discuss greenwashing and how companies try to make themselves look more sustainable than they actually are. Kevin explains why sustainability goes beyond a company's environmental impact and what it means for workers' rights. He also offers a glimpse into how he works with new companies and highlights what he focuses on.   “You have to have the tools and the right people to ask the right questions with the right data to make good decisions.” - Kevin Brady   This week on Innovation Talks:   ●     How Kevin got his start in sustainability ●     The four main types of companies that focus on sustainability ●     How investors have influenced sustainability ●     The negative effects of greenwashing ●     The source of 85% of a company's sustainability impact ●     Why sustainability goes beyond environmental impact ●     How externalities affect greenhouse gas emissions ●     The first aspect of sustainability Kevin looks at when working with a new company ●     How Kevin became an adjunct professor   Resources Mentioned:   ●     Novelis Case Study (https://www.novelis.com/resources/case-studies/) ●     Book: The Ecology of Commerce: A Declaration of Sustainability (https://www.amazon.com/Ecology-Commerce-Revised-Declaration-Sustainability/dp/0061252794) by Paul Hawken     Connect with Kevin Brady:   ●     Ausenco (https://ausenco.com/) ●     Ausenco on Facebook (https://www.facebook.com/Ausenco/) ●     Ausenco on Linkedin (https://www.linkedin.com/company/ausenco/) ●     Ausenco on Twitter (https://twitter.com/Ausenco) ●     Ausenco on Instagram (https://www.instagram.com/ausenco/) ●     Kevin Brady on Linkedin (https://www.linkedin.com/in/kevin-brady-a47a2a/?originalSubdomain=ca)   This Podcast is brought to you by Sopheon   Thanks for tuning into this week's episode of Innovation Talks. If you enjoyed this episode, please subscribe and leave a review wherever you get your podcasts.   Apple Podcasts (https://podcasts.apple.com/us/podcast/innovation-talks/id1555857396) | TuneIn (https://tunein.com/podcasts/Technology-Podcasts/Innovation-Talks-p1412337/) | GooglePlay (https://www.google.com/podcasts?feed=aHR0cHM6Ly9pbm5vdmF0aW9udGFsa3MubGlic3luLmNvbS9yc3M%3D) | Stitcher (https://www.stitcher.com/s?fid=614195) | Spotify (https://open.spotify.com/show/1dX5b8tWI29YbgeMwZF5Uh) | iHeart (https://www.iheart.com/podcast/263-innovation-talks-82985745/)   Be sure to connect with us on Facebook (https://www.facebook.com/SopheonCorp/) , Twitter (https://twitter.com/sopheon) , and LinkedIn (https://www.linkedin.com/company/sopheon/) , and share your favorite episodes on social media to help us reach more listeners, like you.   For additional information around new product development or corporate innovation, sign up for Sopheon's newsletter where we share news and industry best practices monthly! The fastest way to do this is to go to sopheon.com (https://www.sopheon.com/) and click here (https://info.sopheon.com/subscribe) .pheon's 112 shownote's.

    Dual innovation in practice with Ralph-Christian Ohr and Eva Budischin

    Play Episode Listen Later May 14, 2024 37:30


    Dr. Ralph-Christian Ohr is Dual Innovation's founder and managing partner, which helps future-proof companies through innovation. He is a top voice on LinkedIn and Twitter and uses his platform to educate his readers about how to avoid "innovation theater" by making their innovation activities impactful. He also co-authored the book Scaling-Up Corporate Startups: Turn Innovation Concepts into Business Impact.   Dr. Eva Budischin is Head of New Business Building and Innovation at Bosch Engineering—she has been with the company since 2014. Eva developed the Bosch Innovation Framework and co-founded the Bosch Accelerator Program alongside the Bosch Business Model Academy. She has tested over 150 startup ideas and used her insight to become the intrapreneur of her own Bosch startup. Together, they co-authored an eight-part white paper titled Dual Innovation: Key Principles and Future-Proofing Corporate Innovation.   Today, Eva and Ralph tell how they both recognized the importance of dual innovation and how it led to their partnership. They discuss working together to help companies approach innovation by adopting different mindsets around traditional KPIs and bridging the gap between validating a new idea and a fully-fledged business. They debunk common wisdom from other experts about the role of "one size fits all" solutions in innovation. Eva shares her insights from working at Bosch, including her experience at the Bosch Accelerator Program and the direction she sees Bosch heading in the future. They also offer some actionable advice to create a culture of innovation.   "We need to add another step to fill the gap between the validated venture and and fully-fledged business. That's what scaling up is all about." - Dr. Ralph-Christian Ohr.   This week on Innovation Talks:   ●     Defining dual innovation ●     The importance of organizational ambidexterity ●     The history of dual innovation ●     The rise in popularity of business model innovation ●     How Ralph and Eva's partnership developed ●     What exploration units can do ●     What traditional KPIs can't tell you about innovation success ●     Why "one size fits all" solutions aren't as valuable as customizable frameworks ●     The step between the validation process and a fully-fledged business ●     How the Bosch Accelerator Program tests new startups ●     Finding the right ingredients for innovation in your organization ●     Why most companies struggle to innovate ● Eva's predictions for the future of Bosch   Resources Mentioned:   ●     White Paper: Dual Innovation: Key Principles and Future-Proofing Corporate Innovation (https://www.linkedin.com/pulse/dual-innovation-key-principles-future-proofing-corporate-ohr/) by Ralph-Christian Ohr and Eva Budischin   Connect with Dr. Ralph-Christian Ohr and Dr. Eva Budischin:   ●     Dr. Eva Budischin on LinkedIn (https://www.linkedin.com/in/dr-eva-budischin-7a677945/?locale=en_US) ●     Dr. Ralph-Christian Ohr on LinkedIn (https://www.linkedin.com/in/ralphchristianohr/?originalSubdomain=ch) ●     Dr. Ralph-Christian Ohr's LinkedIn Articles (https://www.linkedin.com/posts/ralphchristianohr_dual-innovation-principles-and-implementation-activity-6993254920929865728-WHOr?utm_source=share&utm_medium=member_desktop)     This Podcast is brought to you by Sopheon.   Thanks for tuning into this week's episode of Innovation Talks. If you enjoyed this episode, please subscribe and leave a review wherever you get your podcasts.   Apple Podcasts (https://podcasts.apple.com/us/podcast/innovation-talks/id1555857396) | TuneIn (https://tunein.com/podcasts/Technology-Podcasts/Innovation-Talks-p1412337/) | GooglePlay (https://www.google.com/podcasts?feed=aHR0cHM6Ly9pbm5vdmF0aW9udGFsa3MubGlic3luLmNvbS9yc3M%3D) | Stitcher (https://www.stitcher.com/s?fid=614195) | Spotify (https://open.spotify.com/show/1dX5b8tWI29YbgeMwZF5Uh) | iHeart (https://www.iheart.com/podcast/263-innovation-talks-82985745/)   Be sure to connect with us on Facebook (https://www.facebook.com/SopheonCorp/) , Twitter (https://twitter.com/sopheon) , and LinkedIn (https://www.linkedin.com/company/sopheon/) , and share your favorite episodes on social media to help us reach more listeners like you.   For additional information about new product development or corporate innovation, sign up for Sopheon's monthly newsletter, where we share news and industry best practices! The fastest way to do this is to go to sopheon.com (https://www.sopheon.com/) and click here (https://info.sopheon.com/subscribe) .

    8 Ways to Execute on Strategy

    Play Episode Listen Later May 14, 2024 11:11


    You need an effective strategy to launch a new idea in your company. But once you have that strategy, where do you go from there? How you execute your strategy is even more important than the strategy itself; however, the execution phase is where most businesses fail. Of course, failure is always a risk when trying to innovate, but is there a way to minimize that risk? I think there are some common mistakes you can avoid when executing your own strategy.   Today, I share eight tips you can implement to prevent failure and execute successfully on your strategy. I discuss metrics to pay attention to—like OKRs and KPIs—and the internal materials every company needs to have to clarify its message on innovation. I identify the people in your company that need to be included in the execution of your strategy and what they need to know. I also offer actionable insights about identifying risks and changing your mindset about innovation.   “A likelihood of success allows you to look at a strategy in a different lens and helps you balance strategies against each other.” - Paul Heller   This week on Innovation Talks:   ●     Why do so many companies fail to execute their strategy properly ●     How to define the right OKRs ●     What metrics do you need to measure your progress ●     What should you include in your elevator message ●     How to identify the key players in executing your strategy and what they need to know ●     Identifying your review processes ●     The importance of an action plan ●     How to discern risks in your strategy ●     Why you need to use scorecards ●     How to tie initiatives and projects to your strategy ●     Why a portfolio approach gives you an advantage   Resources Mentioned:   ●     Blog Post: What are OKRs, and how do they work? (https://www.sopheon.com/products/acclaimideas/insights/what-are-okrs-and-how-do-they-work) ●  Connect with Paul Heller on LinkedIn (https://www.linkedin.com/in/hellerpaul/)   This Podcast is brought to you by Sopheon   Thanks for tuning into this week's episode of Innovation Talks. If you enjoyed this episode, please subscribe and leave a review wherever you get your podcasts.   Apple Podcasts (https://podcasts.apple.com/us/podcast/innovation-talks/id1555857396) | TuneIn (https://tunein.com/podcasts/Technology-Podcasts/Innovation-Talks-p1412337/) | GooglePlay (https://www.google.com/podcasts?feed=aHR0cHM6Ly9pbm5vdmF0aW9udGFsa3MubGlic3luLmNvbS9yc3M%3D) | Stitcher (https://www.stitcher.com/s?fid=614195) | Spotify (https://open.spotify.com/show/1dX5b8tWI29YbgeMwZF5Uh) | iHeart (https://www.iheart.com/podcast/263-innovation-talks-82985745/)   Be sure to connect with us on Facebook (https://www.facebook.com/SopheonCorp/) , Twitter (https://twitter.com/sopheon) , and LinkedIn (https://www.linkedin.com/company/sopheon/) , and share your favorite episodes on social media to help us reach more listeners like you.   For additional information about new product development or corporate innovation, sign up for Sopheon's monthly newsletter, where we share news and industry best practices! The fastest way to do this is to go to sopheon.com (https://www.sopheon.com/) and click here (https://info.sopheon.com/subscribe) .

    Building a portfolio management capability with Noel Sobelman

    Play Episode Listen Later May 14, 2024 31:25


    Noel Sobelman, a leadership advisor from San Diego, California, helps established companies increase growth and productivity. Throughout his 35 years of professional experience, Noel has become an expert in innovation. He is also a writer and public speaker, sharing his expertise on how innovation can disrupt legacy systems. Noel is currently a partner at Accel Management Group, a business and consulting company that gives its clients data-driven competitive advantages. He specializes in working with corporate leaders in the areas of portfolio management, growth strategy, and innovation capability building. Previously, he has worked at Change Logic, Kalyspo, and Kyocera Wireless.   Today, Noel is back to discuss why you need a portfolio management capability in your company to boost productivity and make the best use of your company resources. He shares his insights into using portfolio management to prevent bottlenecks in the innovation process. He identifies the impact poor portfolio management can have on a company. He reveals the nine key elements he investigates when he starts working with a new client and how to identify challenges in your company. Noel also explains how you can improve planning and review processes to stay ahead of the rapidly changing economic environment.   “As we go further into this market downturn, companies are gonna be rethinking their strategies. Make sure that you have the mechanisms for making sure that any change in strategy filters down to the projects that you're prioritizing in your portfolios.” - Noel Sobelman   This week on Innovation Talks:   ●     Why portfolio management is important ●     How portfolio management affects company-wide productivity and future investments ●     How to ensure your company is working on the most valuable output ●     How to prevent bottlenecks in your development pipeline ●     The core symptoms of poor portfolio management ●     Why your annual plan needs to be revisited throughout the year ●     How portfolio management can help you vet ideas ●     How to build a strong portfolio management capability ●     Questions to ask leadership in your company ●     The types of portfolio management systems Noel has found the most effective ●     Nine elements of portfolio management that Noel thinks are key to success ●     How to identify where your challenges are across leadership teams ●     Why complexity is the enemy ●     How portfolio structure informs your portfolio management planning ●     The key discoveries that need to come from a portfolio review ●     Why portfolio management will become more important during an economic downturn   Connect with Noel Sobelman:   ●     Accel Management Group (https://www.accelmg.com/) ●     Noel Sobelman on LinkedIn (https://www.linkedin.com/in/noelsobelman/) ●     Noel Sobleman's Articles on LinkedIn (https://www.linkedin.com/in/noelsobelman/recent-activity/posts/)   This Podcast is brought to you by Sopheon   Thanks for tuning into this week's episode of Innovation Talks. If you enjoyed this episode, please subscribe and leave a review wherever you get your podcasts.   Apple Podcasts (https://podcasts.apple.com/us/podcast/innovation-talks/id1555857396) | TuneIn (https://tunein.com/podcasts/Technology-Podcasts/Innovation-Talks-p1412337/) | GooglePlay (https://www.google.com/podcasts?feed=aHR0cHM6Ly9pbm5vdmF0aW9udGFsa3MubGlic3luLmNvbS9yc3M%3D) | Stitcher (https://www.stitcher.com/s?fid=614195) | Spotify (https://open.spotify.com/show/1dX5b8tWI29YbgeMwZF5Uh) | iHeart (https://www.iheart.com/podcast/263-innovation-talks-82985745/)   Be sure to connect with us on Facebook (https://www.facebook.com/SopheonCorp/) , Twitter (https://twitter.com/sopheon) , and LinkedIn (https://www.linkedin.com/company/sopheon/) , and share your favorite episodes on social media to help us reach more listeners like you.   For additional information about new product development or corporate innovation, sign up for Sopheon's monthly newsletter, where we share news and industry best practices! The fastest way to do this is to go to sopheon.com (https://www.sopheon.com/) and click here (https://info.sopheon.com/subscribe) .  

    InnovationOps with Mike Bauer

    Play Episode Listen Later May 14, 2024 30:22


    Mike Bauer is a leading product and strategy executive, business mentor, and the Chief Products Officer of Sopheon. He joined Sopheon in 2021 and has helped the company expand its SaaS solutions, which make it possible for companies worldwide to bring their innovative products to market. His experience in data communications, enterprise software, marketing automation, and big data led him to believe in the power of innovation. He graduated from Harvard Business School and Ohio State University and serves as a business mentor at the Founder Institute. Today, I'm checking back with Mike to continue our conversation from November 2021 about enterprise innovation management and project portfolio management. He shares what he learned from interviewing over 100 clients about approaches to innovation. He defines innovation in the current business landscape and clarifies that the definition is much broader than commonly assumed. He discusses the factors that must come together for a company to innovate and how failure is a part of innovation. Mike also reveals the role of company culture and offers advice on fostering a culture that encourages innovation.   “You don't mandate an innovative culture—you build it.” -Mike Bauer   This week on Innovation Talks:   ●     Why enterprise innovation management and project portfolio management are two sides of the same coin ●     The challenges innovators face ●     Mike's observations from talking to over 100 clients ●     What innovation can look like for businesses ●     All the factors that need to come together to make innovation possible ●     Why 60% to 80% of innovations fail ●     What executives need to focus on to be able to innovate “at scale” ●     Why ideation is an essential part of innovation ●     The most important skill for the ideation process ●     Why coming up with great ideas is only the first step ●     Setting up a connected system to drive innovation ●     Why Mike supports the idea of DevOps ●     Why business owners need to bring together practices, people, and tools to innovate successfully ●     Why philosophies aren't enough to operationalize ●     Is company culture or the way employees do their jobs more important ●     Why accepting failure is part of innovation ●     How to build an innovation culture at your company ●     How innovation benefits customers and how Sopheon empowers customers with innovation   Resources Mentioned:   ●     Book: Inspired: How To Create Tech Products Customers Love (https://www.amazon.com/INSPIRED-Create-Tech-Products-Customers/dp/1119387507) by Marty Cagan ●     Book: Innovation Accounting by (https://www.amazon.com/Innovation-Accounting-Practical-Ecosystems-Performance/dp/9063696205?tag=groundcont0c8-20&crid=224CCJ21AVE70&keywords=innovation%20accounting&qid=1653983398&sprefix=innovation%20accounting,aps,126&sr=8-1&linkId=9760c57d2914123b93578d879600f3bb&ref_=as_li_ss_tl&geniuslink=true) Esther Gons and Dan Toma ●     Book: The Lean Startup (https://www.amazon.com/Lean-Startup-Entrepreneurs-Continuous-Innovation/dp/0307887898) by Eric Ries   Connect with Mike Bauer:   ●     Sopheon Website (https://www.sopheon.com/) ●     Sopheon on LinkedIn (https://www.linkedin.com/company/sopheon) ●     Sopheon on Facebook (https://www.facebook.com/SopheonCorp/) ●     Sopheon on Twitter (https://twitter.com/Sopheon) ●     Mike Bauer on LinkedIn (https://www.linkedin.com/in/mikebauer224/)   This Podcast is brought to you by Sopheon   Thanks for tuning into this week's episode of Innovation Talks. If you enjoyed this episode, please subscribe and leave a review wherever you get your podcasts.   Apple Podcasts (https://podcasts.apple.com/us/podcast/innovation-talks/id1555857396) | TuneIn (https://tunein.com/podcasts/Technology-Podcasts/Innovation-Talks-p1412337/) | GooglePlay (https://www.google.com/podcasts?feed=aHR0cHM6Ly9pbm5vdmF0aW9udGFsa3MubGlic3luLmNvbS9yc3M%3D) | Stitcher (https://www.stitcher.com/s?fid=614195) | Spotify (https://open.spotify.com/show/1dX5b8tWI29YbgeMwZF5Uh) | iHeart (https://www.iheart.com/podcast/263-innovation-talks-82985745/)   Be sure to connect with us on Facebook (https://www.facebook.com/SopheonCorp/) , Twitter (https://twitter.com/sopheon) , and LinkedIn (https://www.linkedin.com/company/sopheon/) , and share your favorite episodes on social media to help us reach more listeners like you.   For additional information about new product development or corporate innovation, sign up for Sopheon's monthly newsletter, where we share news and industry best practices! The fastest way to do this is to go to sopheon.com (https://www.sopheon.com/) and click here (https://info.sopheon.com/subscribe) .

    Innovation in the Year 2030

    Play Episode Listen Later May 14, 2024 15:42


      Innovation is inherently a forward-looking practice and, as the world changes, so does the way we innovate. In the next decade, as the world encounters various challenges stemming from climate change, resource pressures, and global policy, companies will need to embrace disruption and develop an innovative culture that can react quickly and adapt to changing environments. But what do companies need to do this successfully? The 4,000 experts contributing to The Millennium Project have done extensive research and provided us with a framework to assess local and global factors that will influence humanity's chance to build a better future.   In that light, I discuss my predictions of how innovation will change and how companies can prepare to do more with fewer resources. I predict the role that AI tools will play in product management and how team leaders can get the most out of those tools. I discuss the need for business model thinking and how business models can rapidly change due to customer expectation. I also discuss the importance of dual innovation and highlight how core innovation won't be enough to make businesses stand out from the competition.   “In 2030, innovation will put product management at the center.” - Paul Heller   This week on Innovation Talks:   ●     What The Millennium Project's research is telling us about the future ●     How to make development sustainable while addressing climate change ●     How innovators can use scientific and technological breakthroughs to improve the human condition ●     How innovation will change in the year 2030 ●     The importance of dual innovation ●     How AI will influence innovation ●     Why North Star thinking will be more important than ever   Resources Mentioned:   ●     The Millennium Project (https://www.millennium-project.org/) ●     Ambidexterity in Business Innovation with Noel Sobelman (https://www.sopheon.com/_hcms/analytics/search/conversion?redirect=aHR0cHM6Ly93d3cuc29waGVvbi5jb20vcG9kY2FzdHMtYXVkaW8vYW1iaWRleHRlcml0eQ%3D%3D&ct=SEARCH&pid=6722983&cid=78499505574&t=bm9lbCBzb2JlbG1hbg%3D%3D&d=www.sopheon.com&c=2&c=3&c=6&rp=5&ab=false&opcid=&rs=UNKNOWN&hs-expires=1716581389&hs-version=1&hs-signature=APUk-v7SbY4LYcdcgjZ7nZ6EfZldL8uZtA) ●     Dual innovation with Ralph-Christian Ohr (https://www.sopheon.com/podcasts-audio/dual-innovation-with-ralph-christian-ohr)   This Podcast is brought to you by Sopheon   Thanks for tuning into this week's episode of Innovation Talks. If you enjoyed this episode, please subscribe and leave a review wherever you get your podcasts.   Apple Podcasts (https://podcasts.apple.com/us/podcast/innovation-talks/id1555857396) | TuneIn (https://tunein.com/podcasts/Technology-Podcasts/Innovation-Talks-p1412337/) | GooglePlay (https://www.google.com/podcasts?feed=aHR0cHM6Ly9pbm5vdmF0aW9udGFsa3MubGlic3luLmNvbS9yc3M%3D) | Stitcher (https://www.stitcher.com/s?fid=614195) | Spotify (https://open.spotify.com/show/1dX5b8tWI29YbgeMwZF5Uh) | iHeart (https://www.iheart.com/podcast/263-innovation-talks-82985745/)   Be sure to connect with us on Facebook (https://www.facebook.com/SopheonCorp/) , Twitter (https://twitter.com/sopheon) , and LinkedIn (https://www.linkedin.com/company/sopheon/) , and share your favorite episodes on social media to help us reach more listeners, like you.   For additional information around new product development or corporate innovation, sign up for Sopheon's newsletter where we share news and industry best practices monthly! The fastest way to do this is to go to sopheon.com (https://www.sopheon.com/) and click here (https://info.sopheon.com/subscribe) .

    Innovation leadership with Robyn Bolton

    Play Episode Listen Later May 14, 2024 28:49


    Robyn Bolton is a corporate innovation expert. She is the founder and Chief Navigator of MileZero, an organization that partners with business leaders and guides them through leveraging innovation to confidently and repeatedly grow revenue. Robyn began her professional career at Procter & Gamble, where she served as Brand Manager and was part of the team that launched the Swiffer and the Swiffer WetJet. She has collaborated with innovators at Nike, Medtronic, and Teachers Pay Teachers. Robyn holds a Master of Business Administration degree from Harvard Business School and a Bachelor's degree in Marketing from Miami University.   Robyn joins me today to discuss the relationship between leadership and innovation. She shares her background and how she began helping business leaders leverage innovation. She describes the innovator's dilemma and explores why organizations find it difficult to innovate. Robyn also highlights “the ABCs of innovation” and the factors that build culture and offers advice to executives and leaders of innovation teams.   “Strategy and innovation have to go hand in hand. Innovation is not an end in itself—it has to be tied to, and in service of, achieving a strategic goal.” - Robyn Bolton   This week on Innovation Talks:   ●     MileZero's purpose and what it means to be Chief Navigator ●     What innovation means for Robyn ●     Innovation burnout and the innovator's dilemma ●     Why innovation is the opposite of operations and what makes it difficult to achieve ●     Why strategy and innovation have to come together ●     Why companies struggle with innovation ●     How to keep innovating during challenging times ●     Addressing the shiny object syndrome in innovation ●     Robyn's five-year forecast on innovation   Resources Mentioned:   ●     Book: The Innovator's Dilemma: The Revolutionary Book That Will Change the Way You Do Business (https://www.amazon.com/Innovators-Dilemma-Revolutionary-Change-Business/dp/0062060244) by Clayton M. Christensen   Connect with Robyn Bolton:   ●     MileZero LLC (https://www.milezero.io/) ●     MileZero LLC on LinkedIn (https://www.linkedin.com/company/milezerobos/) ●     Robyn Bolton on LinkedIn (https://www.linkedin.com/in/robynmbolton/)   This Podcast is brought to you by Sopheon   Thanks for tuning into this week's episode of Innovation Talks. If you enjoyed this episode, please subscribe and leave a review wherever you get your podcasts.   Apple Podcasts (https://podcasts.apple.com/us/podcast/innovation-talks/id1555857396) | TuneIn (https://tunein.com/podcasts/Technology-Podcasts/Innovation-Talks-p1412337/) | GooglePlay (https://www.google.com/podcasts?feed=aHR0cHM6Ly9pbm5vdmF0aW9udGFsa3MubGlic3luLmNvbS9yc3M%3D) | Stitcher (https://www.stitcher.com/s?fid=614195) | Spotify (https://open.spotify.com/show/1dX5b8tWI29YbgeMwZF5Uh) | iHeart (https://www.iheart.com/podcast/263-innovation-talks-82985745/)   Be sure to connect with us on Facebook (https://www.facebook.com/SopheonCorp/) , Twitter (https://twitter.com/sopheon) , and LinkedIn (https://www.linkedin.com/company/sopheon/) , and share your favorite episodes on social media to help us reach more listeners like you.   For additional information about new product development or corporate innovation, sign up for Sopheon's monthly newsletter, where we share news and industry best practices! The fastest way to do this is to go to sopheon.com (https://www.sopheon.com/) and click here (https://info.sopheon.com/subscribe) .

    Innovation and defense with Colonel Eddie Corrigan

    Play Episode Listen Later May 14, 2024 32:57


    Colonel Eddie Corrigan is the Assistant Head of the UK Ministry of Defense's division of Concepts, Strategy, Force Development, Doctrine, and Lessons Defense Logistics. With over 33 years of tactical, operational, and strategic experience across a number of logistics and supply chain activities in the defense and global context, he has delivered logistics effects and outputs – including supply, distribution, movements, information services, and infrastructure – around the world. From 2007 to 2010, Eddie served in the Royal Logistics Corps, where he was responsible for supplying and distributing all supplies to a military force of over 10,000 people, as well as commanding a regiment of 600 people.   Eddie joins me today to discuss the connection between innovation and defense for national security and military defenses. We discuss how he began working in innovation management and the challenges associated with creating, developing, and distributing new technologies. We discuss the impact of the Russia/Ukraine conflict on innovation. We discuss the relationship between corporate industries and the military, how it has shifted over the years, and how these collaborative efforts have benefited civilians and the military. We discuss cyber-security, the challenges associated with defending against cyber threats, and the solutions currently available to help defend against cyber attacks. We also discuss the benefits of converting AI capabilities into defense assets and how startup corporations can begin collaborating with the military on creating new, innovative defense technologies.   “Industry does lead the way – but we are following quite closely.” - Colonel Eddie Corrigan   This week on Innovation Talks:   ●     How Eddie initially got involved in innovation management ●     The challenges associated with creating innovative technology ●     The ecosystem of using innovative ideas in national defense ●     How the Russia/Ukraine conflict is impacting the world of innovation ●     Collaboration efforts between national military defenses and corporate industries ●     Eddie's advice to startup corporations on collaborating with the military on new, innovative technologies ●     Defending against cyber attacks and cyber-security issues ●     Converting AI capabilities into beneficial military and defense assets ●     The innovation and technology challenges Russia is currently facing in its conflict with Ukraine   Connect with Colonel Eddie Corrigan:   ●     Colonel Eddie Corrigan on LinkedIn (https://www.linkedin.com/in/eddie-corrigan-90582b6/?originalSubdomain=uk)   This Podcast is brought to you by Sopheon   Thanks for tuning into this week's episode of Innovation Talks. If you enjoyed this episode, please subscribe and leave a review wherever you get your podcasts.   Apple Podcasts (https://podcasts.apple.com/us/podcast/innovation-talks/id1555857396) | TuneIn (https://tunein.com/podcasts/Technology-Podcasts/Innovation-Talks-p1412337/) | GooglePlay (https://www.google.com/podcasts?feed=aHR0cHM6Ly9pbm5vdmF0aW9udGFsa3MubGlic3luLmNvbS9yc3M%3D) | Stitcher (https://www.stitcher.com/s?fid=614195) | Spotify (https://open.spotify.com/show/1dX5b8tWI29YbgeMwZF5Uh) | iHeart (https://www.iheart.com/podcast/263-innovation-talks-82985745/)   Be sure to connect with us on Facebook (https://www.facebook.com/SopheonCorp/) , Twitter (https://twitter.com/sopheon) , and LinkedIn (https://www.linkedin.com/company/sopheon/) , and share your favorite episodes on social media to help us reach more listeners like you.   For additional information about new product development or corporate innovation, sign up for Sopheon's monthly newsletter, where we share news and industry best practices! The fastest way to do this is to go to sopheon.com (https://www.sopheon.com/) and click here (https://info.sopheon.com/subscribe) .

    Reflections on Sustainable Innovation with Hugh Blethyn

    Play Episode Listen Later May 14, 2024 32:00


    Hugh Blethyn is a Senior Managing Consultant at Sopheon, responsible for all aspects of our implementation teams, including our overall client success, engagement performance, and the teams' well-being. Hugh offers a wealth of knowledge, experience, and insight into digital transformation, business sustainability, and innovation. He holds a Bachelor's with Honors degree in Exploration Geology, Mineral Exploration Geology, and Management from Cardiff University, a Master's in Information Systems and Geospatial Information Systems, and a certificate in Business Sustainability Management from the University of Cambridge's Institute for Sustainability Leadership.   Hugh joins me today to discuss how the concept of sustainable innovation has evolved over the last five years and the rising interest in businesses becoming more mindful of how they package their products. We discuss Hugh's predictions for future trends in business sustainability and how government regulations lag behind what consumers demand and what many businesses are already doing. We share an inside glimpse into our sustainability webinar series and why more people within the workforce consider sustainability as a top priority in their job search. We also discuss what ‘natural capital' is and how it impacts the supply chain industry.   “People are starting to realize that they need to be in control of their actions, in control of their sustainable decision-making.” - Hugh Blethyn   This week on Innovation Talks:   ●     What inspired Hugh to explore the world of business innovation and sustainability ●     How the concept of sustainability and innovation has evolved in recent years ●     Why more businesses are interested in ‘greener packages.' ●     What Hugh believes the future holds for sustainability and innovation in business ●     How government regulation is lagging behind consumer demands in sustainability ●     Understanding the three scopes of CO2 submissions ●     What to expect from our sustainability webinar series ●     Why sustainability is important to the workforce and labor market ●     Understanding what ‘natural capital' is and how the supply chain industry impacts it ●     What Hugh believes our next steps should be in achieving sustainable innovation   Resources Mentioned:   ●     Thriving Sustainably Webinar 1: How to Approach Sustainability on a Corporate Level (https://www.sopheon.com/webinars/sustainability-on-a-corporate-level) ●     Thriving Sustainably Webinar 2: What Does a Sustainable Supply Chain Look Like (https://www.sopheon.com/webinars/what-does-a-sustainable-supply-chain-look-like) ●     Thriving Sustainably Webinar 3: Sustainable Innovation in Practice: A Conversation with Sappi (https://www.sopheon.com/webinars/sustainable-innovation-in-practice-a-conversation-with-sappi-sopheon-webinar)   Connect with Hugh Blethyn:   ●     Hugh Blethyn on LinkedIn (https://www.linkedin.com/in/hughblethyn/?originalSubdomain=nl)   This Podcast is brought to you by Sopheon   Thanks for tuning into this week's episode of Innovation Talks. If you enjoyed this episode, please subscribe and leave a review wherever you get your podcasts.   Apple Podcasts (https://podcasts.apple.com/us/podcast/innovation-talks/id1555857396) | TuneIn (https://tunein.com/podcasts/Technology-Podcasts/Innovation-Talks-p1412337/) | GooglePlay (https://www.google.com/podcasts?feed=aHR0cHM6Ly9pbm5vdmF0aW9udGFsa3MubGlic3luLmNvbS9yc3M%3D) | Stitcher (https://www.stitcher.com/s?fid=614195) | Spotify (https://open.spotify.com/show/1dX5b8tWI29YbgeMwZF5Uh) | iHeart (https://www.iheart.com/podcast/263-innovation-talks-82985745/)   Be sure to connect with us on Facebook (https://www.facebook.com/SopheonCorp/) , Twitter (https://twitter.com/sopheon) , and LinkedIn (https://www.linkedin.com/company/sopheon/) , and share your favorite episodes on social media to help us reach more listeners like you.   For additional information about new product development or corporate innovation, sign up for Sopheon's newsletter, where we share news and industry best practices monthly! The fastest way to do this is to go to sopheon.com (https://www.sopheon.com/) and click here (https://info.sopheon.com/subscribe) .

    Product Leadership with Tami Reiss

    Play Episode Listen Later May 14, 2024 31:56


    Tami Reiss is a Product Leader Coach that guides product managers toward the success they deserve. For over 15 years, Tami has empowered product leaders and teams to advance toward their goals by focusing on their strengths. She has worked with many B2B Saas organizations and consulted with multiple companies, including JPMorgan, Aetna, Humana, and GTreasury. Tami is also a guest instructor for the Agile module in Kellogg's online Product Management Bootcamp and the Technical Fundamentals for Product Institute. She encourages organizations to find their own style, methods, and practices to implement. She holds a Bachelor's degree in Physiology from the University of California - Los Angeles and a Masters's degree in Management from the University of Florida - Warrington College of Business.   Tami joins me today to discuss the role of a product leader coach and how they help product managers advance in their careers. We discuss the difference between Discovery Coaches, Transformation Coaches, and Executive Coaches for product leaders and the top three questions every product leader needs to ask themselves. We discuss strategies that product leaders can use to collect data to determine where they can make personal and professional improvements in their organizations. We discuss the importance of conducting a calendar audit and the value of being open to other people's feedback when deciding your next career steps. We also discuss why product leaders must get comfortable with change, and Tami's soon-to-be-released children's book titled What do Product Managers Do?   “Too often, we get so focused on our next task and our to-do list without taking a moment to reflect and say: ‘Are all of these things on my to-do list in-line with where I want to go?'” - Tami Reiss   This week on Innovation Talks:   ●     The role of a product leader coach ●     The difference between Discovery Coaches, Transformation Coaches, and Executive Coaches ●     The top three questions product leaders need to answer ●     Collecting data to determine where to make improvements ●     Understanding what an NPS Score is and how leaders, teams, and organizations use them to improve products, services, and team performances ●     Conducting a calendar audit ●     The importance of considering other people's advice and feedback ●     Getting comfortable with a changing environment ●     A sneak peek into Tami's soon-to-be-released children's book   Connect with Tami Reiss:   ●     Product Leader Coach (https://productleadercoach.com/) ●     Book: What do Product Managers Do? (https://productleadercoach.com/book-waitlist) ●     Product Leader Coach on LinkedIn (https://www.linkedin.com/company/product-leader-coach/) ●     Tami Reiss on LinkedIn (https://www.linkedin.com/in/tamireiss/)   This Podcast is brought to you by Sopheon   Thanks for tuning into this week's episode of Innovation Talks. If you enjoyed this episode, please subscribe and leave a review wherever you get your podcasts.   Apple Podcasts (https://podcasts.apple.com/us/podcast/innovation-talks/id1555857396) | TuneIn (https://tunein.com/podcasts/Technology-Podcasts/Innovation-Talks-p1412337/) | GooglePlay (https://www.google.com/podcasts?feed=aHR0cHM6Ly9pbm5vdmF0aW9udGFsa3MubGlic3luLmNvbS9yc3M%3D) | Stitcher (https://www.stitcher.com/s?fid=614195) | Spotify (https://open.spotify.com/show/1dX5b8tWI29YbgeMwZF5Uh) | iHeart (https://www.iheart.com/podcast/263-innovation-talks-82985745/)   Be sure to connect with us on Facebook (https://www.facebook.com/SopheonCorp/) , Twitter (https://twitter.com/sopheon) , and LinkedIn (https://www.linkedin.com/company/sopheon/) , and share your favorite episodes on social media to help us reach more listeners like you.   For additional information about new product development or corporate innovation, sign up for Sopheon's monthly newsletter, where we share news and industry best practices! The fastest way to do this is to go to sopheon.com (https://www.sopheon.com/) and click here (https://info.sopheon.com/subscribe) .

    Sustainable Innovation Through Green Chemistry

    Play Episode Listen Later May 14, 2024 30:46


    Amy Cannon is the Executive Director, Co-Founder, and Green Chemistry Education Advocate at Beyond Benign, a company, that provides educators with tools, training, and support. Amy also has experience as a research scientist, consultant, analytical scientist, professor, and non-profit organization leader. She has the world's first Ph.D. In Green Chemistry from the University of Massachusetts Boston and a Bachelor of Arts in Chemistry from Saint Anselm College.   Amy joins me today to discuss sustainable innovation through green chemistry. She shares why green chemistry is essential as well as how she sees a rising demand from industry and consumers. Amy highlights the principles of green chemistry, the central role of chemists in solving significant challenges, and the process considerations such as waste and energy consumption. She dissects the need to build green chemistry into the educational systems for chemists, biologists, and scientists and the essential role of peer-to-peer communities and social networks in supporting change.   “In my mind, all of a sudden, chemistry was now the solution; it wasn't the problem.” - Amy Cannon   This week on Innovation Talks:   ●     The importance of green chemistry and its increasing demand from consumers ●     The twelve principles of green chemistry and how chemists can reduce waste and hazards while addressing issues such as global warming ●     Looking beyond the chemical and considering the process ●     The importance of building green chemistry into the educational systems of future scientists ●     Green chemistry training for K-12 and current industry professionals ●     The essential role of social networks and peer-to-peer support in implementing change ●     The open-access and free-of-charge resources and materials available for educators at Beyond Benign   Resources Mentioned:   ●     Consumer Goods Trends: Environmental Sustainability (https://www.gartner.com/en/documents/4004314-consumer-goods-trends-environmental-sustainability) ●     Green Chemistry Commitment (https://www.beyondbenign.org/wordpress/higher-ed) ●     Take Action for the Sustainable Development Goals (https://www.un.org/sustainabledevelopment/sustainable-development-goals/) ●     UNEP (https://www.unep.org) ●     Podcast: Innovation Centers: Merging Corporate and Higher Ed Needs (https://www.sopheon.com/podcasts-audio/innovation-centers-merging-corporate-and-higher-ed-needs/)   Connect with Amy Cannon:   ●     Beyond Benign (https://www.beyondbenign.org) ●     Beyond Benign on Facebook (https://www.facebook.com/beyondbenign/) ●     Beyond Benign on Twitter (https://twitter.com/beyondbenign) ●     Beyond Benign on Instagram (https://www.instagram.com/beyondbenign/?hl=en) ●     Amy Cannon on LinkedIn (https://www.linkedin.com/in/amycannonbeyondbenign/)   This Podcast is brought to you by Sopheon   Thanks for tuning into this week's episode of Innovation Talks. If you enjoyed this episode, please subscribe and leave a review wherever you get your podcasts.   Apple Podcasts (https://podcasts.apple.com/us/podcast/innovation-talks/id1555857396) | TuneIn (https://tunein.com/podcasts/Technology-Podcasts/Innovation-Talks-p1412337/) | GooglePlay (https://www.google.com/podcasts?feed=aHR0cHM6Ly9pbm5vdmF0aW9udGFsa3MubGlic3luLmNvbS9yc3M%3D) | Stitcher (https://www.stitcher.com/s?fid=614195) | Spotify (https://open.spotify.com/show/1dX5b8tWI29YbgeMwZF5Uh) | iHeart (https://www.iheart.com/podcast/263-innovation-talks-82985745/)   Be sure to connect with us on Facebook (https://www.facebook.com/SopheonCorp/) , Twitter (https://twitter.com/sopheon) , and LinkedIn (https://www.linkedin.com/company/sopheon/) , and share your favorite episodes on social media to help us reach more listeners like you.   For additional information about new product development or corporate innovation, sign up for Sopheon's monthly newsletter, where we share news and industry best practices! The fastest way to do this is to go to sopheon.com (https://www.sopheon.com/) and click here (https://info.sopheon.com/subscribe) .

    Six thinking hats methodology for modern meetings

    Play Episode Listen Later May 14, 2024 15:00


    Have you ever been in a meeting, and the conversation jumps around? One minute you might be talking about an idea, and then all of a sudden, someone is expressing their feelings about the idea, and the idea is almost killed before you bring out the facts about it. Or, someone brings up another idea, and you jump over to it. You may end up leaving the meeting feeling like some great topics were brought up, but they were not adequately discussed, and the meeting drifted on, and never got back to them.   If this sounds familiar, then you may want to try the Six Thinking Hats Method.   In today's episode, I share the concept of the Six Thinking Hats methodology and how it can be implemented in modern meetings. I share how you can make thinking more of a process and a way of executing a way of being. I reveal the thinking hat colors, what they represent, and how they bring fairness, balance, and equal contribution into meetings, creating better outcomes. I share two examples of how the methodology can bring structure to meetings and ideation sessions. I also share how we successfully used the Six Thinking Hats methodology at Sopheon and how it has benefited our cross-functional and divisional alignment.   “If you have a meeting with a group of people and you put them into different modes of thinking, it allows you to focus.” - Paul Heller   This week on Innovation Talks:   ●     The thinking hats' colors and the modes of thinking they represent ●     How to use the thinking hat colors to focus on a mode of thinking and bring structure, fairness, and balance to a meeting ●     An example of how the Six Thinking Hats methodology can be used to ensure all members contribute ●     How to create a safe place for expressing fears, worries, and concerns ●     How to create cross-functional alignment and team working across divisions ●     How to leverage the thinking hats for innovation   Resources Mentioned:   ●     Book: Six Thinking Hats by Edward de Bono (https://www.amazon.com/Six-Thinking-Hats-Edward-Bono/dp/0316178314)       This Podcast is brought to you by Sopheon   Thanks for tuning into this week's episode of Innovation Talks. If you enjoyed this episode, please subscribe and leave a review wherever you get your podcasts.   Apple Podcasts (https://podcasts.apple.com/us/podcast/innovation-talks/id1555857396) | TuneIn (https://tunein.com/podcasts/Technology-Podcasts/Innovation-Talks-p1412337/) | GooglePlay (https://www.google.com/podcasts?feed=aHR0cHM6Ly9pbm5vdmF0aW9udGFsa3MubGlic3luLmNvbS9yc3M%3D) | Stitcher (https://www.stitcher.com/s?fid=614195) | Spotify (https://open.spotify.com/show/1dX5b8tWI29YbgeMwZF5Uh) | iHeart (https://www.iheart.com/podcast/263-innovation-talks-82985745/)   Be sure to connect with us on Facebook (https://www.facebook.com/SopheonCorp/) , Twitter (https://twitter.com/sopheon) , and LinkedIn (https://www.linkedin.com/company/sopheon/) , and share your favorite episodes on social media to help us reach more listeners like you.   For additional information about new product development or corporate innovation, sign up for Sopheon's newsletter, where we share news and industry best practices monthly! The fastest way to do this is to go to sopheon.com (https://www.sopheon.com/) and click here (https://info.sopheon.com/subscribe) .

    Innovation is a Result Not a Process

    Play Episode Listen Later May 14, 2024 32:15


    John Mansour is a Product Management and Product Marketing Trainer, Coach, and Thought Leader. He is the Founder and Managing Partner at Proficientz. He has more than 25 years of practical experience in marketing communications, sales, and technology product management, working in start-ups to Fortune 1000 companies. He has held senior management roles in healthcare, software, retail, hospitality, and distribution companies. John was the Chairman of the Technology Association of Georgia's Product Management Society from 2006 to 2010. He has a Bachelor of Science degree in Operations Management from The Ohio State University.   John joins me today to share how innovation is a result, not a process. He reveals how his company helps technology companies focus on customer outcomes through product management and marketing. John highlights why investing time to understand your customers, as well as your products, is preferable over simply running a process to find innovation. He shares how the shift from Waterfall to Agile development strategies has helped product managers. John also reveals the challenges design engineers face, such as not having context and a perspective when building products.   “Innovation is a result of understanding your customers better than everybody else.” - John Mansour   This week on Innovation Talks:   ●     How Proficientz helps B2B companies—primarily in the technology space—with delivering products that have more quantifiable value to the customer ●     How product management relates to innovation and why the business approach should consider what customers are trying to do, why it's important to them, and why they can't get there ●     Why innovation is a result of understanding your customers better than anyone else—including themselves ●     How to structure front-end conversations with potential customers and define the success customers will get with your solution before you build them ●     The differences between the product manager and product owner roles and why they should not be combined into one role ●     What will drive companies in the B2B space to become more customer-focused   Connect with John Mansour:   ●     Proficientz (https://www.proficientz.com/) ●     John Mansour on LinkedIn (https://www.linkedin.com/in/johnmansourproficientz/) ●     John Mansour on Twitter (https://twitter.com/proficientz)   This Podcast is brought to you by Sopheon   Thanks for tuning into this week's episode of Innovation Talks. If you enjoyed this episode, please subscribe and leave a review wherever you get your podcasts.   Apple Podcasts (https://podcasts.apple.com/us/podcast/innovation-talks/id1555857396) | TuneIn (https://tunein.com/podcasts/Technology-Podcasts/Innovation-Talks-p1412337/) | GooglePlay (https://www.google.com/podcasts?feed=aHR0cHM6Ly9pbm5vdmF0aW9udGFsa3MubGlic3luLmNvbS9yc3M%3D) | Stitcher (https://www.stitcher.com/s?fid=614195) | Spotify (https://open.spotify.com/show/1dX5b8tWI29YbgeMwZF5Uh) | iHeart (https://www.iheart.com/podcast/263-innovation-talks-82985745/)   Be sure to connect with us on Facebook (https://www.facebook.com/SopheonCorp/) , Twitter (https://twitter.com/sopheon) , and LinkedIn (https://www.linkedin.com/company/sopheon/) , and share your favorite episodes on social media to help us reach more listeners like you.   For additional information about new product development or corporate innovation, sign up for Sopheon's newsletter, where we share news and industry best practices monthly! The fastest way to do this is to go to sopheon.com (https://www.sopheon.com/) and click here (https://info.sopheon.com/subscribe) .

    A Starter Guide to the Episodes

    Play Episode Listen Later May 14, 2024 13:52


    And just like that, we have hit episode 100! It's been a surreal experience hosting this show about innovation with guests from Sopheon and other companies and industries in the innovation space. It's been a joy to be part of your day whenever you tune in on our latest episode. If you're new to the show or innovation, and this is your first episode, I curated a short list of shows as a starter pack for you.   In this episode, I share some of my favorite episodes for special reasons. I describe my experience during a recent innovation event in Copenhagen and what I realized about the people in the innovation space. I explain why these shows aren't exactly the best of the best but simply personal favorites. I highlight a few that I think are worth listening to. I also discuss our unique guests and the people I look forward to having in the future.   "This is not necessarily the A-list or the 'best of,' but more of a starter set." - Paul Heller   This week on Innovation Talks:   ●     What I did in Copenhagen recently and my thoughts on the 100th episode ●     The starter list of episodes to listen to ●     Why choosing from the many guests we've had is challenging ●     The reasons why some of these episodes are dear to me   Resources Mentioned:   ●     Episode 3: The Impact of Software Eating the World on Product Innovation with Greg Coticchia (https://www.sopheon.com/_hcms/analytics/search/conversion?redirect=aHR0cHM6Ly93d3cuc29waGVvbi5jb20vcG9kY2FzdHMtYXVkaW8vdGhlLWltcGFjdC1vZi1zb2Z0d2FyZS1lYXRpbmctdGhlLXdvcmxkLW9uLXByb2R1Y3QtaW5ub3ZhdGlvbi13aXRoLWdyZWctY290aWNjaGlh&ct=AUTOCOMPLETE&pid=6722983&cid=78502013711&t=d2l0aCBncmVnIGNvdGljY2hpYQ%3D%3D&d=www.sopheon.com&c=2&c=3&c=6&rp=2&ab=false&opcid=&rs=UNKNOWN&hs-expires=1701185761&hs-version=1&hs-signature=APUk-v628FS_N99JPZ4FRwuPIoKG1VF9RA) ●     Episode 21: Unique challenges of innovation in the Aerospace and Defense industry (https://www.sopheon.com/podcasts-audio/unique-challenges-of-innovation-in-the-aerospace-and-defense-industry) ●     Episode 28: A deeper dive into Portfolio Management with Noel Sobelman (https://www.sopheon.com/_hcms/analytics/search/conversion?redirect=aHR0cHM6Ly93d3cuc29waGVvbi5jb20vcG9kY2FzdHMtYXVkaW8vYS1kZWVwZXItZGl2ZS1pbnRvLXBvcnRmb2xpby1tYW5hZ2VtZW50LXdpdGgtbm9lbC1zb2JlbG1hbg%3D%3D&ct=AUTOCOMPLETE&pid=6722983&cid=78499505485&t=YSBkZWVwZXIgZGl2ZSBpbnRvIHBvcnRmb2xpbyBtYW5hZ2VtZW50IHdpdGggbm9lbCBzb2JlbG1hbg%3D%3D&d=www.sopheon.com&c=2&c=3&c=6&rp=1&ab=false&opcid=&rs=UNKNOWN&hs-expires=1701185808&hs-version=1&hs-signature=APUk-v5Heh0fsI4vW0u3cwZ1r94lWPkf5w) ●     Episode 30: Innovation in the Chemical Industry with HC Eppich (https://www.sopheon.com/_hcms/analytics/search/conversion?redirect=aHR0cHM6Ly93d3cuc29waGVvbi5jb20vcG9kY2FzdHMtYXVkaW8vaW5ub3ZhdGlvbi1pbi10aGUtY2hlbWljYWwtaW5kdXN0cnktd2l0aC1oYy1lcHBpY2g%3D&ct=AUTOCOMPLETE&pid=6722983&cid=78502013785&t=aGMgZXBwaWNo&d=www.sopheon.com&c=2&c=3&c=6&rp=1&ab=true&opcid=&rs=UNKNOWN&hs-expires=1701185845&hs-version=1&hs-signature=APUk-v7EECuzHBN8ZLaTKsAvnQBMZlwt0Q) ●     Episode 31: Taking a systematic approach to the product management process (https://www.sopheon.com/podcasts-audio/the-process-of-product-management) ●     Episode 33: Necessity for Innovation Accounting (https://www.sopheon.com/_hcms/analytics/search/conversion?redirect=aHR0cHM6Ly93d3cuc29waGVvbi5jb20vcG9kY2FzdHMtYXVkaW8vbmVjZXNzaXR5LWZvci1pbm5vdmF0aW9uLWFjY291bnRpbmc%3D&ct=AUTOCOMPLETE&pid=6722983&cid=78502013859&t=bmVjZXNzaXR5IGZvciBpbm5vdmF0aW9uIGFjY291bnRpbmc%3D&d=www.sopheon.com&c=2&c=3&c=6&rp=1&ab=false&opcid=&rs=UNKNOWN&hs-expires=1701185944&hs-version=1&hs-signature=APUk-v5jTrFtveRsbD1N8MzoLMqzlH_4Jg) ●     Episode 34: Corporate Startups and the Importance of Entrepreneurial Thinking (https://www.sopheon.com/_hcms/analytics/search/conversion?redirect=aHR0cHM6Ly93d3cuc29waGVvbi5jb20vcG9kY2FzdHMtYXVkaW8vY29ycG9yYXRlLXN0YXJ0LXVwcy1hbmQtdGhlLWltcG9ydGFuY2Utb2YtZW50cmVwcmVuZXVyaWFsLXRoaW5raW5n&ct=AUTOCOMPLETE&pid=6722983&cid=78499505569&t=Y29ycG9yYXRlIHN0YXJ0dXBzIGFuZCB0aGUgaW1wb3J0YW5jZSBvZiBlbnRyZXByZW5ldXJpYWwgdGhpbmtpbmc%3D&d=www.sopheon.com&c=2&c=3&c=6&rp=1&ab=false&opcid=&rs=UNKNOWN&hs-expires=1701185956&hs-version=1&hs-signature=APUk-v4EoPfWxku9unY_QzMaHiV9Ogjwxw) ●     Episode 36: Circular Economy in the Chemical Industry (https://www.sopheon.com/_hcms/analytics/search/conversion?redirect=aHR0cHM6Ly93d3cuc29waGVvbi5jb20vcG9kY2FzdHMtYXVkaW8vY2lyY3VsYXItZWNvbm9teS1pbi10aGUtY2hlbWljYWwtaW5kdXN0cnk%3D&ct=AUTOCOMPLETE&pid=6722983&cid=78503430549&t=Y2lyY3VsYXIgZWNvbm9teSBpbiB0aGUgY2hlbWljYWwgaW5kdXN0cnk%3D&d=www.sopheon.com&c=2&c=3&c=6&rp=1&ab=false&opcid=&rs=UNKNOWN&hs-expires=1701185983&hs-version=1&hs-signature=APUk-v7D44RY4SiPWEvhPctudxDrctHMjA) ●     Episode 37: Sustainable Innovation Through Green Chemistry (https://www.sopheon.com/_hcms/analytics/search/conversion?redirect=aHR0cHM6Ly93d3cuc29waGVvbi5jb20vcG9kY2FzdHMtYXVkaW8vc3VzdGFpbmFibGUtaW5ub3ZhdG...

    SaaS pricing and packaging with Dan Balcauski Part 2

    Play Episode Listen Later May 14, 2024 17:48


    Dan Balcauski founded Product Tranquility, a firm that helps businesses grow and increase their bottom line through intelligent pricing and packaging strategies. Dan defines pricing not as an end goal, but as a means to a more efficient business plan that will sustain customer interest for the long term. In the last episode, Dan talked about the company's genesis, the services they offer, and what most businesses get wrong about pricing.   In part two of this series, Dan discusses why start-ups should be cautious about copying what Fortune 500 companies do. He shares how customer segmentation affects your pricing strategy. He explains the elements of business packaging and how to ensure you don't overwhelm your sales team. Dan also describes why you should think of pricing as a process.   “Modern marketing falls into understanding segmentation, targeting, and positioning.” - Dan Balcauski   This week on Innovation Talks:   ●     Why start-ups shouldn't copy what Fortune 500 companies are doing ●     How customer segmentation impacts pricing ●     Why pricing and packaging are functions of your positioning ●     The elements of business packaging ●     Dan's advice for those who don't understand pricing   Connect with Dan Balcauski:   ●     Product Tranquility (https://www.producttranquility.com/) ●     Dan Balcauski on LinkedIn (https://www.linkedin.com/in/balcauski/)   This Podcast is brought to you by Sopheon   Thanks for tuning into this week's episode of Innovation Talks. If you enjoyed this episode, please subscribe and leave a review wherever you get your podcasts.   Apple Podcasts (https://podcasts.apple.com/us/podcast/innovation-talks/id1555857396) | TuneIn (https://tunein.com/podcasts/Technology-Podcasts/Innovation-Talks-p1412337/) | GooglePlay (https://www.google.com/podcasts?feed=aHR0cHM6Ly9pbm5vdmF0aW9udGFsa3MubGlic3luLmNvbS9yc3M%3D) | Stitcher (https://www.stitcher.com/s?fid=614195) | Spotify (https://open.spotify.com/show/1dX5b8tWI29YbgeMwZF5Uh) | iHeart (https://www.iheart.com/podcast/263-innovation-talks-82985745/)   Be sure to connect with us on Facebook (https://www.facebook.com/SopheonCorp/) , Twitter (https://twitter.com/sopheon) , and LinkedIn (https://www.linkedin.com/company/sopheon/) , and share your favorite episodes on social media to help us reach more listeners, like you.   For additional information around new product development or corporate innovation, sign up for Sopheon's newsletter where we share news and industry best practices monthly! The fastest way to do this is to go to sopheon.com (https://www.sopheon.com/) and click here (https://info.sopheon.com/subscribe) .  

    SaaS pricing and packaging with Dan Balcauski Part 1

    Play Episode Listen Later May 14, 2024 16:54


    Dan Balcauski is the founder and Chief Pricing Officer at Product Tranquility, a firm specializing in value creation and helping clients boost productivity and growth and improve customer loyalty. He provides strategic pricing and packaging consultations to high-volume B2B SaaS CEOs. Dan is also a Northwestern University - Kellogg School of Management program leader and is part of Toptal's Top 3% Worldwide Product Management Professionals.   Dan joins me today to describe Product Tranquility, its services, and how they help businesses develop pricing strategies that lead to growth. He explains what most companies get wrong about pricing and his definition of pricing from the viewpoint of value. He discusses value cascade and the best ways to understand your customers. Dan also shares why pricing isn't necessarily a primary driver of business growth.   “Intelligent price management starts with intelligent value management.” - Dan Balcauski   This week on Innovation Talks:   ●     Product Tranquility and how they got started ●     What people get wrong about pricing ●     Dan's definition of value in pricing ●     Value cascade and the best way to understand your customers   Resources Mentioned:   ●     Book: The Strategy and Tactics of Pricing: A Guide to Growing More Profitably (https://www.amazon.com/Strategy-Tactics-Pricing-Growing-Profitably/dp/113873750X) by Thomas Nagle and Georg Müller   Connect with Dan Balcauski:   ●     Product Tranquility (https://www.producttranquility.com/) ●     Dan Balcauski on LinkedIn (https://www.linkedin.com/in/balcauski/)   This Podcast is brought to you by Sopheon   Thanks for tuning into this week's episode of Innovation Talks. If you enjoyed this episode, please subscribe and leave a review wherever you get your podcasts.   Apple Podcasts (https://podcasts.apple.com/us/podcast/innovation-talks/id1555857396) | TuneIn (https://tunein.com/podcasts/Technology-Podcasts/Innovation-Talks-p1412337/) | GooglePlay (https://www.google.com/podcasts?feed=aHR0cHM6Ly9pbm5vdmF0aW9udGFsa3MubGlic3luLmNvbS9yc3M%3D) | Stitcher (https://www.stitcher.com/s?fid=614195) | Spotify (https://open.spotify.com/show/1dX5b8tWI29YbgeMwZF5Uh) | iHeart (https://www.iheart.com/podcast/263-innovation-talks-82985745/)   Be sure to connect with us on Facebook (https://www.facebook.com/SopheonCorp/) , Twitter (https://twitter.com/sopheon) , and LinkedIn (https://www.linkedin.com/company/sopheon/) , and share your favorite episodes on social media to help us reach more listeners like you.   For additional information about new product development or corporate innovation, sign up for Sopheon's newsletter, where we share news and industry best practices monthly! The fastest way to do this is to go to sopheon.com (https://www.sopheon.com/) and click here (https://info.sopheon.com/subscribe) .  

    Innov8rs Conference

    Play Episode Listen Later May 14, 2024 12:27


    The Innov8rs Conference has hosted conferences for innovators in various industries since 2011. They've hosted in over 25 cities globally, from San Francisco to Sydney and Singapore. They have multiple programs that promote an atmosphere of creativity and discussion surrounding the future of innovation. I went to the Innov8rs Conference held recently in Austin, Texas, and I found it to be one of the largest and most engaging conferences in a long time.   In this episode, I share my thoughts on the recently concluded Innov8rs Conference and why I found a lot of value during my time. I explain how it promoted discussions and engagement despite being a large gathering. I describe some of the topics I was fortunate to sit in, especially regarding the future of innovation and ESG. I also share some of the interesting points regarding internal innovators and innovators hired.   "This was a good chance to talk with other people, peers with other companies, and share success and challenges." - Paul Heller   This week on Innovation Talks:   ●     My experience during the Innov8rs Conference ●     What was impressive throughout the conference ●     Sitting at the ESG round table ●     The six shifts that will shape the future of innovation ●     How corporations can beat start-ups at innovation   This Podcast is brought to you by Sopheon   Thanks for tuning into this week's episode of Innovation Talks. If you enjoyed this episode, please subscribe and leave a review wherever you get your podcasts.   Apple Podcasts (https://podcasts.apple.com/us/podcast/innovation-talks/id1555857396) | TuneIn (https://tunein.com/podcasts/Technology-Podcasts/Innovation-Talks-p1412337/) | GooglePlay (https://www.google.com/podcasts?feed=aHR0cHM6Ly9pbm5vdmF0aW9udGFsa3MubGlic3luLmNvbS9yc3M%3D) | Stitcher (https://www.stitcher.com/s?fid=614195) | Spotify (https://open.spotify.com/show/1dX5b8tWI29YbgeMwZF5Uh) | iHeart (https://www.iheart.com/podcast/263-innovation-talks-82985745/)   Be sure to connect with us on Facebook (https://www.facebook.com/SopheonCorp/) , Twitter (https://twitter.com/sopheon) , and LinkedIn (https://www.linkedin.com/company/sopheon/) , and share your favorite episodes on social media to help us reach more listeners like you.   For additional information about new product development or corporate innovation, sign up for Sopheon's monthly newsletter, where we share news and industry best practices! The fastest way to do this is to go to sopheon.com (https://www.sopheon.com/) and click here (https://info.sopheon.com/subscribe) .

    Challenges around resource planning and management with Ketan Jahagirdar

    Play Episode Listen Later May 14, 2024 27:09


    Challenges around resource planning and management with Ketan Jahagirdar

    Innovation Fireside Chat with Greg Coticchia

    Play Episode Listen Later May 14, 2024 36:09


    Greg Coticchia is the President, CEO, and Member of the Board of Directors at Sopheon. He is an award-winning sales leader, market expert, product manager, and business strategist. He has almost 40 years of experience holding leadership positions across organizations and institutions in finance, education, and cybersecurity. Greg is also the Board Director of the Product Development Management Association or PDMA.   Greg joins me today to describe his thoughts on the future of innovation and how Covid-19 spearheaded the technology we will likely use forever. He explains some of the benefits and hindrances of the pandemic as it relates to innovation. He shares his thoughts on sustainability and how it's directing the course of innovation. Greg also discusses a few examples of companies adjusting to new customer habits.   “Technology isn't always the right answer. Sometimes, it's just a change in behavior or process or some other way of achieving the same result.” - Greg Coticchia   This week on Innovation Talks:   ●     The future of innovation ●     The benefits and drawbacks to innovation resulting from Covid-19 ●     Habits that changed as a consequence of the pandemic ●     How Home Depot addressed their customers' number one problem ●     Innovations that were direct results of the pandemic ●     Why a lot of B2B companies are in a supply chain ●     How sustainability and innovation work together ●     Examples of innovation with sustainability in mind   Connect with Greg Coticchia:   ●     Greg Coticchia on LinkedIn (https://www.linkedin.com/in/gregcoticchia/)   This Podcast is brought to you by Sopheon   Thanks for tuning into this week's episode of Innovation Talks. If you enjoyed this episode, please subscribe and leave a review wherever you get your podcasts.   Apple Podcasts (https://podcasts.apple.com/us/podcast/innovation-talks/id1555857396) | TuneIn (https://tunein.com/podcasts/Technology-Podcasts/Innovation-Talks-p1412337/) | GooglePlay (https://www.google.com/podcasts?feed=aHR0cHM6Ly9pbm5vdmF0aW9udGFsa3MubGlic3luLmNvbS9yc3M%3D) | Stitcher (https://www.stitcher.com/s?fid=614195) | Spotify (https://open.spotify.com/show/1dX5b8tWI29YbgeMwZF5Uh) | iHeart (https://www.iheart.com/podcast/263-innovation-talks-82985745/)   Be sure to connect with us on Facebook (https://www.facebook.com/SopheonCorp/) , Twitter (https://twitter.com/sopheon) , and LinkedIn (https://www.linkedin.com/company/sopheon/) , and share your favorite episodes on social media to help us reach more listeners, like you.   For additional information around new product development or corporate innovation, sign up for Sopheon's newsletter where we share news and industry best practices monthly! The fastest way to do this is to go to sopheon.com (https://www.sopheon.com/) and click here (https://info.sopheon.com/subscribe) .

    Innovation+ Talks: Dual Innovation with Ralph Christian Ohr

    Play Episode Listen Later May 14, 2024 1:06


    Dual innovation – the simultaneous management of core innovation and explorative innovation – requires scale, leadership support, and strong governance to execute. What are some of the biggest challenges companies face when transitioning from an exploration model to an exploitative strategy? Dr. Ralph-Christian Ohr, a corporate innovation expert, explores how companies have turned innovation concepts into impactful business results. Listen as Paul Heller, Sopheon Chief Evangelist, and Dr. Ralph-Christian Ohr discuss why scaling is the most challenging part of becoming ambidextrous and the need for leadership support and look at examples of companies that have adopted and almost perfected dual innovation: https://www.sopheon.com/podcasts-audio/dual-innovation-with-ralph-christian-ohr You can also listen to the full podcast on your favorite podcast network: iHeart: https://www.iheart.com/podcast/263-innovation-talks-82985745/episode/dual-innovation-with-ralph-christian-ohr-100761236/ Spotify: https://open.spotify.com/episode/70GHd4OV8zDW0awpIuArTG Apple Podcasts: https://podcasts.apple.com/us/podcast/dual-innovation-with-ralph-christian-ohr/id1555857396?i=1000561593937 Tunein: https://tunein.com/podcasts/Technology-Podcasts/Innovation-Talks-p1412337/?topicId=172139897 Stitcher: https://www.stitcher.com/show/innovation-talks-2/episode/dual-innovation-with-ralph-christian-ohr-205668404 Get more insights on innovation and product management from Sopheon here: https://info.sopheon.com/subscribe

    Today's innovation challenges and trends with Chris Townsend

    Play Episode Listen Later May 14, 2024 32:59


      In this week's episode, we tackle the complexities of innovation in a rapidly shifting global landscape. Understanding how today's economic indicators are impacted by innovation and state competition is no small feat, and we delve into these intricate dynamics. Along with insights into the latest innovation trends, challenges, and strategies, we unveil findings from the annual Innovation Agenda, a comprehensive examination of corporate innovation practices around the globe.   Chris is the Chief Marketing Officer at Wellspring, the leading provider of R&D and innovation software and services for corporate, academic, and government clients. Chris has worked for nearly twenty years in the innovation management space, first as a thought leader at Forrester Research and then as a senior executive at solution providers in both North America and Europe. Chris holds an undergraduate degree in biology from Harvard University. More recently, he has cultivated an interest in dad jokes.   "The definition of innovation has evolved—it's about the evolution of a company's value creation engine driven by science and technological advancements." - Chris Townsend   Today on Innovation Talks: •     The annual Innovation Agenda is a key resource for understanding corporate innovation trends. •     While some companies establish chief innovation officers and special units, these roles often lack permanence. •     Global integration and cultural adoption of innovation metrics are rising to the CEO level. •     Long-term, transformative innovation is garnering significant strategic investment focus. •     Economic uncertainty is causing a cautious approach toward significant new innovation investments. •     AI is a prominent topic of interest, yet corporate strategies in this area remain underdeveloped. •     There is an increasing need for companies to define and assess disruptions accurately for effective strategizing. •     The maturation of innovation as a business discipline is evidenced by companies centralizing and coordinating innovation efforts more thoughtfully.   Connect with Chris Townsend: •     LinkedIn (https://www.linkedin.com/in/chris-townsend-9917653/) •     chris.townsend@wellspring.com   Resources Mentioned: •     The Innovation Agenda: An annual study offering insights into corporate innovation trends and strategies. •   2021 and 2022 Survey Themes: Focused on COVID recovery, economic uncertainty, and the role of AI in innovation.       Ready to Transform Your Innovation Strategy? If you're a product manager or innovator looking to streamline your processes and turn chaos into control, you won't want to miss this opportunity.   Dive into our exclusive, free eBook on Innovation Ops strategies designed just for you.   Learn the secrets to revolutionizing your approach and achieving success with clarity and precision.   Download your copy today (https://info.sopheon.com/innovationops-ebook) .   Start your journey to becoming an innovation powerhouse now!   This Podcast is brought to you by Sopheon   Thanks for tuning into this week's episode of Innovation Talks. If you enjoyed this episode, please subscribe and leave a review wherever you get your podcasts.   Apple Podcasts (https://podcasts.apple.com/us/podcast/innovation-talks/id1555857396) | TuneIn (https://tunein.com/podcasts/Technology-Podcasts/Innovation-Talks-p1412337/) | Google Play (https://www.google.com/podcasts?feed=aHR0cHM6Ly9pbm5vdmF0aW9udGFsa3MubGlic3luLmNvbS9yc3M%3D) | Stitcher (https://www.stitcher.com/s?fid=614195) | Spotify (https://open.spotify.com/show/1dX5b8tWI29YbgeMwZF5Uh) | iHeart (https://www.iheart.com/podcast/263-innovation-talks-82985745/)   Be sure to connect with us on Facebook (https://www.facebook.com/SopheonCorp/) , Twitter (https://twitter.com/sopheon) , and LinkedIn (https://www.linkedin.com/company/sopheon/) , and share your favorite episodes on social media to help us reach more listeners, like you.   For additional information around new product development or corporate innovation, sign up for Sopheon's newsletter where we share news and industry best practices monthly! The fastest way to do this is to go to sopheon.com (https://www.sopheon.com/) and click here (https://info.sopheon.com/subscribe) .

    Why combining people and technology creates competitive advantage with Alex Adamopoulous

    Play Episode Listen Later May 14, 2024 29:31


      In this week's episode, we delve into the synergetic relationship between people and technology and how it can create a competitive edge in businesses. Our conversation with Alex Adamopoulos, CEO of Emergn, focuses on the complex and evolving landscape of Artificial Intelligence (AI). With a unique perspective on the integration of AI in business strategies, Alex shares deep insights on how organizations are navigating this space and the challenges they face in harnessing the full potential of AI-driven innovation.   Alex Adamopoulos is a thought leader in the field of organizational improvement and brings a visionary approach to incorporating technology in business practices. As the CEO of Emergn, a company at the forefront of enhancing how businesses operate, Alex is known for producing tangible use cases in the AI realm. With a seasoned background and a commitment to driving meaningful change, Alex's keen insights into the development and integration of AI in business provide a valuable framework for companies looking to innovate and adapt.   "AI is still very much a work in progress, probably grossly underrated, highly misunderstood." - Alex Adamopoulos   This Week on Innovation Talks:   ·     AI technology is creating new opportunities for both traditional and digital products but requires a clear understanding of its potential applications. ·     Organizations need to account for governance and people management when implementing AI, balancing cost with value optimization. ·     Advisory services can provide crucial early guidance for companies attempting to navigate the AI landscape. ·     Experimentation, such as through proof of concepts, is vital in determining the feasibility and impact of AI initiatives. ·     Upskilling and reskilling will be critical as AI transforms job functions and creates new career paths. ·     Traditional industries like farming are finding innovative ways to utilize AI, highlighting the broad impact of this technology. ·     The integration of AI is not just a technological shift but a transformation that touches on the customer and employee experiences. ·     Companies must remember that while AI can automate and enhance processes, the human aspect of business cannot be overlooked.   Connect with Alex Adamopoulos: alex@emergn.com LinkedIn (http://linkedin.com/in/aadamopoulos) Ready to Transform Your Innovation Strategy? If you're a product manager or innovator looking to streamline your processes and turn chaos into control, you won't want to miss this opportunity.   Dive into our exclusive, free eBook on Innovation Ops strategies designed just for you.   Learn the secrets to revolutionizing your approach and achieving success with clarity and precision.   Download your copy today (https://info.sopheon.com/innovationops-ebook) .   Start your journey to becoming an innovation powerhouse now!   This Podcast is brought to you by Sopheon   Thanks for tuning into this week's episode of Innovation Talks. If you enjoyed this episode, please subscribe and leave a review wherever you get your podcasts.   Apple Podcasts (https://podcasts.apple.com/us/podcast/innovation-talks/id1555857396) | TuneIn (https://tunein.com/podcasts/Technology-Podcasts/Innovation-Talks-p1412337/) | Google Play (https://www.google.com/podcasts?feed=aHR0cHM6Ly9pbm5vdmF0aW9udGFsa3MubGlic3luLmNvbS9yc3M%3D) | Stitcher (https://www.stitcher.com/s?fid=614195) | Spotify (https://open.spotify.com/show/1dX5b8tWI29YbgeMwZF5Uh) | iHeart (https://www.iheart.com/podcast/263-innovation-talks-82985745/)   Be sure to connect with us on Facebook (https://www.facebook.com/SopheonCorp/) , Twitter (https://twitter.com/sopheon) , and LinkedIn (https://www.linkedin.com/company/sopheon/) , and share your favorite episodes on social media to help us reach more listeners, like you.   For additional information around new product development or corporate innovation, sign up for Sopheon's newsletter where we share news and industry best practices monthly! The fastest way to do this is to go to sopheon.com (https://www.sopheon.com/) and click here (https://info.sopheon.com/subscribe) ..

    Why AI is a tool, NOT a human replacement with Robyn Bolton

    Play Episode Listen Later May 14, 2024 29:39


    In this week's episode, we unwrap the nuanced relationship between artificial intelligence and human creativity in innovation. Our insightful conversation with Robyn Bolton dives deep into using AI as an assistive tool rather than a replacement for human ingenuity. We explore the indispensable value of human insight and the role of AI in augmenting, not overshadowing, the human experience, especially in consumer discovery interviews and educational settings. Robyn Bolton brings a wealth of knowledge and practical experience to the discussion. As the founder and chief navigator at Mile Zero, she assists medium and large businesses navigate the uncertain waters of innovation and product development. Having launched major brand innovations such as Swiffer in North America during her time with Procter and Gamble, Robyn understands the intersection of human insight and artificial intelligence. Her teaching role in a master's program in design and innovation at the Massachusetts College of Art and Design equips future designers with the business acumen necessary to thrive in a world where AI is becoming increasingly prevalent. "AI doesn't replace the depth of understanding that comes from human interaction. It's critical to couple technology with the richness of conversation to capture that elusive 20% of insights AI can't uncover." - Robyn Bolton Today on Innovation Talks: •      Humans bring a crucial 20% of insights that AI cannot reach: Robyn stresses the unparalleled value of human conversation for deep insights in consumer research. •      Generative AI assists but requires human direction: While AI can help shape personas and streamline processes, it's guided by and ultimately dependent on human expertise to avoid inaccuracies. •      Company culture influences AI adoption: Approaches to AI vary widely, reflecting the cultural and emotional landscapes of different organizations. •      Education must promote independent thinking alongside AI: Students should learn to leverage AI without losing their own critical thinking and problem-solving skills. •      Rights ownership and AI challenges in design education: The intersection of design, business, and AI presents complex questions about creativity and intellectual property that need to be addressed in educational settings. Resources Mentioned: •      Personas for Consumer Interviews: A method in which AI can be used to tailor interview guides. •      AI Note Takers: These are tools that businesses react to variously, based on their culture and approach to technology. Contact Information: • Visit Mile Zero, LLC (https://www.milezero.io/) to learn more about Robyn Bolton's work. • LinkedIn Connect with Robyn Bolton (https://www.linkedin.com/in/robynmbolton) for further insights into innovation and integrating AI with human creativity.   Ready to Transform Your Innovation Strategy? If you're a product manager or innovator looking to streamline your processes and turn chaos into control, you won't want to miss this opportunity.   Dive into our exclusive, free eBook on Innovation Ops strategies designed just for you.   Learn the secrets to revolutionizing your approach and achieving success with clarity and precision.   Download your copy today (https://info.sopheon.com/innovationops-ebook) .   Start your journey to becoming an innovation powerhouse now!   This Podcast is brought to you by Sopheon   Thanks for tuning into this week's episode of Innovation Talks. If you enjoyed this episode, please subscribe and leave a review wherever you get your podcasts.   Apple Podcasts (https://podcasts.apple.com/us/podcast/innovation-talks/id1555857396) | TuneIn (https://tunein.com/podcasts/Technology-Podcasts/Innovation-Talks-p1412337/) | Google Play (https://www.google.com/podcasts?feed=aHR0cHM6Ly9pbm5vdmF0aW9udGFsa3MubGlic3luLmNvbS9yc3M%3D) | Stitcher (https://www.stitcher.com/s?fid=614195) | Spotify (https://open.spotify.com/show/1dX5b8tWI29YbgeMwZF5Uh) | iHeart (https://www.iheart.com/podcast/263-innovation-talks-82985745/)   Be sure to connect with us on Facebook (https://www.facebook.com/SopheonCorp/) , Twitter (https://twitter.com/sopheon) , and LinkedIn (https://www.linkedin.com/company/sopheon/) , and share your favorite episodes on social media to help us reach more listeners, like you.   For additional information around new product development or corporate innovation, sign up for Sopheon's newsletter where we share news and industry best practices monthly! The fastest way to do this is to go to sopheon.com (https://www.sopheon.com/) and click here (https://info.sopheon.com/subscribe) .

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