Tuesday, February 23, 2016

The Organized Chaos Behind Rapid Product Development

Register by This Friday, 2/26 & Save $700: http://bit.ly/1oF2k0e

As innovation and R&D executives face tightening budgets and shrinking timelines, it's time to stop talking and start building.

FEI: Front End of Innovation 2016, taking place May 10-12, 2016 in Boston, has been designed to cover the entire innovation spectrum, from early ideation, through product development, through to execution. Ignite your thinking beyond your current product development models to employ design thinking early in the process, use experimentation to reduce the cost of failure and understand the latest technologies available for prototyping.

·         Vijay Govindarajan, Best Selling Author, Reverse Innovation
·         Alexa Clay, Author, The Misfit Economy
·         Dan Heath, Best-Selling Author, Made to Stick
·         Karen Hersheson, Leader, clay street project, P&G
·         Greg Brandeau, Former SVP, Pixar, Disney
·         Frank Stephenson, Chief Design, McLaren Automotive

In addition to cross-innovation keynotes, FEI 2016 has a dedicated breakout track focused on rapid product development:
WORKSHOP: littleBits & Legos: Facilitating Hands-On Rapid Prototyping Sessions - USAA
CASE STUDY: Design Provocation: Eliciting a Response to Advance the Design Innovation - Electrolux
FIELD TRIP: Organized Chaos: Using Rapid Prototyping Techniques & Experimental Design to Quickly Create Market Winning Products - Boston Beer Company
And much more!

Download the brochure for full details: http://bit.ly/1oF2k0e

Join us in May and uncover best practices to unlock new insights and drive innovation in your organization. 

Save a total of $700 if you register by Friday! Register by this Friday, 2/26 & Save $600. Plus use code FEI16LI for an additional $100 off the current rate. Buy tickets here: http://bit.ly/1oF2k0e 

We hope to see you in Boston!

All the best,
The FEI Team

P.S. Don’t miss these FREE upcoming innovation webinars:

How Innovation Influences the Role of a Chief Learning Officer
In this first session in of INNOVIEW: An FEI: Front End of Innovation Interview Series, Scott Millward, Chief Learning Officer, Farmers Insurance and Anthony Ferrier, CEO, Culturevate, talk about how Learning and HR professionals are playing a more active role within the innovation space.
Wednesday, March 9th at 1:00 PM EST
Register here: http://bit.ly/1RkBQu4

Managing the Risk of Creativity and Innovation
Scott Reynolds, Senior Technology Project Manager, talk about how project success means more work, project failure means less work. This webinar will help take your risk management activities to the next level. You will learn new strategies and techniques to identify risk, how to prevent risks from turning into issues, and how to communicate the value of risk management to others to build support for your efforts.
Thursday, March 10th at 2:00 PM EST

Register here: http://bit.ly/1Q5x3Oj

Wednesday, February 17, 2016

10 Innovation Lessons for 2016

Many lessons are embedded in the stories of success within Fast Company’s Most Innovative Companies list. We’ve pulled out 10 of our favorites below. They all reach one key conclusion: Global innovation is bigger than ever.

1. Organizations can learn. The top two companies on this year’s list, BuzzFeed and Facebook, have thrived by embracing constant evolution in their products and in their processes. According to Fast Company, BuzzFeed’s video teams are reorganized every three months; the native ad programs it creates for marketers evolve through iterative testing; and new data metrics are developed and tweaked. It all breeds a culture of curiosity and learning, and, as CEOs Jonah Peretti and Mark Zuckerberg demonstrate, culture is strategy.

2. Tech has no monopoly on speed. CEO Brian Niccol encourages his team to, "break a little glass." The Tex-Mex chain rolls out a new menu item every five weeks; the longevity of those products depends on their market success, a mirror of the test-and-iterate approach that drives Silicon Valley. All the activity has energized the company and made the brand more relevant to its target youth customers.

3. Streaming can’t be stopped. Music consumers have shown their preference for Spotify and steaming services like it. When Netflix opened its service in more than 130 countries in one day, it was reflecting an unstoppable train that runs from YouTube to The Man in the High Castle. When BuzzFeed delivers 2.5 billion video views a month and Facebook’s monthly video views jump from 1 billion to 8 billion in just over a year, the predilection for on-demand access is undeniable.

4. Mobile is just beginning. Those devices in our pockets aren’t just a challenge to traditional media. Nor is their impact restricted to booming platforms like Uber, Airbnb, and Snapchat. New services are spawning new markets. Robinhood has knifed into the investing world; Hudl is bringing its insights to more than 100,000 sports teams; Shyp will pick up and pack anything for you, at the push of a button.

5. Old companies can be remade. Hasbro was launched a century ago in Providence, RI, yet that legacy hasn’t prevented it from unlocking new customers around the world, according to Fast Company. Additionally, GE has embraced its heritage of invention to find modern relevance, and Vail Resorts has tapped new kinds of data to energize what seemed like a settled ski business.

6. Partnerships have power. Taco Bell found its new mojo after its successful launch of Doritos Locos Tacos. BuzzFeed supercharged its reach when it embraced 30-plus outside platforms to distribute its content.

7. Communities have impact. Social media has made it easier than ever to express our individuality, fostering new communities like Black Lives Matter, which, without a budget or advertising, has generated significant impact.

8. Mission Drives Change. Sama Group is rethinking how not-for-profits are funded, while venture firm Social Capital is re­imagining how funding should be deployed. John Oliver’s HBO show, produced by Sixteen String Jack has distinguished itself by attacking serious issues with humor.

9. Medical treatments are evolving fast. In the cancer arena alone, according to Fast Company, Novocure is deploying electricity, Amgen is unleashing viruses, and Bristol-Myers Squibb is enlisting a person’s own T cells to attack tumors and save lives.

10. There’s a new world out there. Self-driving cars. DNA–targeted treatments. The advances are inexorable, exciting, mind-blowing. According to Fast Company, those who embrace these transitions will have the tools to influence them.

Thursday, February 11, 2016

How Street Gang Mentality Can Shape Innovation Methodology

What if your innovation team started thinking like a street gang?

FEI 2016 explores the new "Misfit & Gangster" perspective to help you overcome conventional business models that impede innovation. It's an interesting concept, right?

Antonio Fernandez- aka "King Tone"- former head of the Latin Kings (the largest Hispanic street gang in the US) will share firsthand experience of innovation on the fringe in the black market economy and help equip you - the insider misfit - to drive change in your organization. Alexa Clay, Founder, The Misfit Academy, Author, The Misfit Economy will join Antonio during the Art of Hustle: Prototyping Deviance workshop to reveal:

·         Rapid prototyping lessons from drug dealers and black market innovators that start-up entrepreneurs can leverage 
·         Commonalities between driving change within a Fortune 500 company and hacking the culture of criminal organizations
·         Leadership lessons from the underground that can be applied to formal institutions

Download the brochure for full session details: http://bit.ly/20LWYRV

FEI 2016 will help you overcome bureaucracies and entrenched power systems this May in Boston - we hope to see you there.

Use code FEI16BL for $100 off the current rate. Buy tickets here: http://bit.ly/20LWYRV

We hope to see you in Boston!

The FEI 2016 Team

Monday, February 8, 2016

The Future Hunters COO on Preparing for Disruption

The pressure to connect consumers and brands is more meaningful than ever before. Those who can make the connection are thriving and those who cannot are fading away.

That’s why we sat down with Erica Orange, who will be speaking at the upcoming FUSE 2016 conference in Miami this spring. Orange talked to us about the consumer trend of immediacy, what it takes to be a leader who inspires creativity, and how to prepare for disruption.

Here’s what Orange had to say:

IIR: We live in an always-on "now," where the priorities of this moment seem to be everything. What does this emphasis on immediacy mean to marketing and design?

Orange: In recent years, there has been considerable dialogue around attention. The ultimate “alternative currency,” attention is what everyone – marketers, teachers and parents, alike – is fighting for. Attention = greater chance for success. In business terms, attention = more money. Marketers, as sophisticated as they have become, are struggling with this because they simply cannot adapt quickly enough to keep pace with technology.

However, the focus is now shifting from attention to boredom. Boredom studies are a fast-growing, formal field of inquiry. Researchers suggest that boredom has serious consequences for health and productivity. Smartphones and other modern, digital technologies may also change the way consumers experience boredom. Mobile devices offer instant stimulation, but researchers speculate that may leave some even more bored when they are unplugged. As a result, “now” takes on an even greater importance. We will have to actively reimagine, reengineer and redesign both the learning and working environments of the future, as well as our marketing paradigms, to mitigate boredom.

IIR: What does it take to be a leader who inspires creativity and innovation?

Orange: I think it’s less about a leader who inspires creativity and innovation, and more about an environment that organically inspires a culture of innovation. If it’s a tone set from the top, many younger generations may view this as artificial. Rather, they will crave spaces that are designed to allow creativity and innovation to flourish. One way this can be accomplished is through spaces that encourage play. The need for play is a fundamental human instinct that never abandons us throughout our lifespans. New research indicates that whimsical play might be critical for healthy childhood development.

And, many neuroscientific studies have identified play as an adaptation that enabled early humans to become powerful learners and problem-solvers. One of the biggest marketing and design opportunities will be figuring out how to best harness concepts of experiential play. We will continue to see stores become more designed around playful experiences; we will continue to see brands engage young consumers with social media driven events that capitalize on this ethic of play; we will continue to see companies – particularly smaller, more entrepreneurial ones – more fundamentally embed elements of play in the workplace.

IIR: How do you prepare for disruption?

Orange: Change has always been a constant, but it is now happening faster than ever before. The pace of technological innovation around the world is increasing at an exponential rate. This is leading to a world of, what we in our shop call, templosion, in which very large things happen in increasingly compressed amounts of time. The impacts of this acceleration – and digital transformation – will be felt everywhere. Because of the rapid speed of change, preparing for disruption becomes ever more difficult.

Perhaps one of the first ways to prepare ourselves is by training our minds to see more clearly and more objectively. This is hard to do because we begin learning from the time we are born; and perhaps even before. And the older we get, the more knowledge we acquire, and the more mental baggage gets loaded into our consciousness. But all of this learning can make it hard to see objectively into the future, because we are so conditioned by what we already think we know. We call this educated incapacity: knowing so much about what we already know that we are the last to see the future for those fields in which we are the most knowledgeable.

We talk about the need to pretend we are children, or aliens from another planet, in order to see our world for the first time, objectively and with no educated incapacity. Only then can we get the future right. One aspect of educated incapacity is focusing on central/core/accepted assumptions and ignoring many relevant and true things that have been relegated to the background. We call this “figure/ground,” and we have seen remarkable truths and strategies emerge from switching out the two. So in a world where things move at an exponential pace, untrapping your mind can help you better prepare for constant disruption.

Want to hear more from Erica Orange? Join her at FUSE 2016 April 4-6 in Miami. She will be presenting a keynote session, “Are You Prepared for Disruption?” To learn more or to register for the event, click here:  http://bit.ly/1T0xSsj

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