By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
SmartData Collective
  • Analytics
    AnalyticsShow More
    construction analytics
    5 Benefits of Analytics to Manage Commercial Construction
    5 Min Read
    benefits of data analytics for financial industry
    Fascinating Changes Data Analytics Brings to Finance
    7 Min Read
    analyzing big data for its quality and value
    Use this Strategic Approach to Maximize Your Data’s Value
    6 Min Read
    data-driven seo for product pages
    6 Tips for Using Data Analytics for Product Page SEO
    11 Min Read
    big data analytics in business
    5 Ways to Utilize Data Analytics to Grow Your Business
    6 Min Read
  • Big Data
  • BI
  • Exclusive
  • IT
  • Marketing
  • Software
Search
© 2008-23 SmartData Collective. All Rights Reserved.
Reading: How are Analytics related to Innovation?
Share
Notification Show More
Latest News
cloud-centric companies using network relocation
Cloud-Centric Companies Discover Benefits & Pitfalls of Network Relocation
Cloud Computing
construction analytics
5 Benefits of Analytics to Manage Commercial Construction
Analytics
database compliance guide
Four Strategies For Effective Database Compliance
Data Management
Digital Security From Weaponized AI
Fortifying Enterprise Digital Security Against Hackers Weaponizing AI
Security
DevOps on cloud
Optimizing Cost with DevOps on the Cloud
Development
Aa
SmartData Collective
Aa
Search
  • About
  • Help
  • Privacy
Follow US
© 2008-23 SmartData Collective. All Rights Reserved.
SmartData Collective > Analytics > Predictive Analytics > How are Analytics related to Innovation?
Business IntelligencePredictive Analytics

How are Analytics related to Innovation?

BrunoAziza
Last updated: 2010/05/03 at 5:03 AM
BrunoAziza
4 Min Read
SHARE
- Advertisement -

This week, my co-author Joey and I will be speaking at innovation events.  Our speeches will explore the role that analytics play with innovation.

More specifically, we will attempt to start a conversation around the below items:

- Advertisement -

1) Where does innovation come from?
2) What context is required for effective innovation measurement?  (strategy,  culture, people?)
3) How can you best measure innovation?

The subject can be controversial.  We will argue that innovation is a process, rather than an event, and that an appropriate culture needs to be fostered in order to increase innovation across the entire organization.

More Read

supply chain analytics

Automotive Industry Uses Analytics To Solve Pressing Supply Chain Issues

How can CIOs Build Business Value with Business Analytics?
Seven Benefits of Using AI to Perform Text Analysis
7 Data Lineage Tool Tips For Preventing Human Error in Data Processing
Data Analytics Plays a Vital Role in Teacher Verification Software

Our research shows that innovative cultures rest on the proper incentives, of course, but that acceptance plays a big role.  By acceptance, I mean the constant search for feedback (rather than just the tolerance) and leadership’s commitment to empower all individuals to experiment, make mistakes quickly and cheaply and learn from them.  When this happens, incredible results can be gained: I recently  discussed these concepts at a conference in Canada (see my video-blog on this at http://www.tinyurl.com/got-insights).  There …

This week, my co-author Joey and I will be speaking at innovation events.  Our speeches will explore the role that analytics play with innovation.

- Advertisement -

More specifically, we will attempt to start a conversation around the below items:

1) Where does innovation come from?
2) What context is required for effective innovation measurement?  (strategy,  culture, people?)
3) How can you best measure innovation?

The subject can be controversial.  We will argue that innovation is a process, rather than an event, and that an appropriate culture needs to be fostered in order to increase innovation across the entire organization.

Our research shows that innovative cultures rest on the proper incentives, of course, but that acceptance plays a big role.  By acceptance, I mean the constant search for feedback (rather than just the tolerance) and leadership’s commitment to empower all individuals to experiment, make mistakes quickly and cheaply and learn from them.  When this happens, incredible results can be gained: I recently  discussed these concepts at a conference in Canada (see my video-blog on this at http://www.tinyurl.com/got-insights).  There is a lot of research on this topic from the great work of late C.K. Prahalad to Jim Carroll, Edward de Bono and many others. 

In fact, I had the opportunity to meet Geoffrey Moore a few months ago and discuss his point of view on innovation at the core, and his thoughts on competitive differentiation and innovation.  If you are not familiar with his work on innovation, take a look at his “Top 10 Innovation Myths” article and comment @ http://ow.ly/1FYcd – it’s a great read!

- Advertisement -

Given that many of the readers of this blog are experts in the areas of decision making and information management,  I can’t help but ask:

1) In your mind, what is the role of analytics in innovation? 
2) How would you measure innovation in a way that does not constrain the creative mind of your employees?

Join the conversation! go to @ http://tinyurl.com/innovation-analytics

Best,
Bruno Aziza
Co-Author, Drive Business Performance
On twitter @brunoaziza
On Facebook @ http://tinyurl.com/bruno-on-facebook

TAGGED: analytics, innovation
BrunoAziza May 3, 2010
Share this Article
Facebook Twitter Pinterest LinkedIn
Share
- Advertisement -

Follow us on Facebook

Latest News

cloud-centric companies using network relocation
Cloud-Centric Companies Discover Benefits & Pitfalls of Network Relocation
Cloud Computing
construction analytics
5 Benefits of Analytics to Manage Commercial Construction
Analytics
database compliance guide
Four Strategies For Effective Database Compliance
Data Management
Digital Security From Weaponized AI
Fortifying Enterprise Digital Security Against Hackers Weaponizing AI
Security

Stay Connected

1.2k Followers Like
33.7k Followers Follow
222 Followers Pin

You Might also Like

supply chain analytics
Analytics

Automotive Industry Uses Analytics To Solve Pressing Supply Chain Issues

6 Min Read
Analytics

How can CIOs Build Business Value with Business Analytics?

8 Min Read
text analytics
Text Analytics

Seven Benefits of Using AI to Perform Text Analysis

9 Min Read
Big Data

7 Data Lineage Tool Tips For Preventing Human Error in Data Processing

6 Min Read

SmartData Collective is one of the largest & trusted community covering technical content about Big Data, BI, Cloud, Analytics, Artificial Intelligence, IoT & more.

AI and chatbots
Chatbots and SEO: How Can Chatbots Improve Your SEO Ranking?
Artificial Intelligence Chatbots Exclusive
AI chatbots
AI Chatbots Can Help Retailers Convert Live Broadcast Viewers into Sales!
Chatbots

Quick Link

  • About
  • Contact
  • Privacy
Follow US

© 2008-23 SmartData Collective. All Rights Reserved.

Removed from reading list

Undo
Go to mobile version
Welcome Back!

Sign in to your account

Lost your password?