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Showing posts with the label innovation

AI - looking beyond the marketing hype

  Technology is changing very rapidly. Every few decades we might see disruptive technologies which might have a huge impact on our society. Artificial Intelligence is such a technology which can improve the quality of our lives in a positive way. I am sure that in our lifetime we will see its incredible impact on various areas of our lives. Many months ago everyone was behind crypto, “bit” or blockchain. It seemed like almost everyone was trying to create all these wonderful products based on blockchain. It is a very good technology but it was overhyped . A lot of people lost their hard earned money due to this hype.  Now it seems AI has become a buzzword in almost every industry. However, it's crucial to understand that simply appending "AI" to a product or service doesn't automatically make it intelligent or truly embody AI capabilities. I have seen the same company doing blockchain a couple of years back ,now jumping into the AI bandwagon without any investment in...

Embracing Agile by Darrell K. Rigby,Jeff Sutherland and Hirotaka Takeuchi

Agile innovation methods have revolutionized information technology. Over the past 25 to 30 years they have greatly increased success rates in software development, improved quality and speed to market, and boosted the motivation and productivity of IT teams. Now agile methodologies—which involve new values, principles, practices, and benefits and are a radical alternative to command-and-control-style management—are spreading across a broad range of industries and functions and even into the C-suite. National Public Radio employs agile methods to create new programming. John Deere uses them to develop new machines, and Saab to produce new fighter jets. Intronis, a leader in cloud backup services, uses them in marketing. C.H. Robinson, a global third-party logistics provider, applies them in human resources. Mission Bell Winery uses them for everything from wine production to warehousing to running its senior leadership group. And GE relies on them to speed a much-publicized transit...

Whitepaper - Scrum : Agile innovation @ FedEx

Lighting Corporate Passion: Everything you need to know about FedEx Day Introduction  A FedEx Day is a 24-hour event in which employees deliver innovation to the company they work for. It is called FedEx Day, because you have to deliver overnight, like the parcel delivery company. A FedEx Day is a fixed time box in which people are not disturbed for regular work. Within this time box, employees have total autonomy over the project they are enthusiastic about. They decide for themselves what they will be working on, who they are going to work with, and how they are going to do it. Only one rule applies:  People who sign up show the results to the company at the end of the FedEx Day. In short, a FedEx Day is about boosting motivation and creativity overnight by getting out of people’s way. Business Model The traditional business model regarding motivation is built around external motivators, the carrot and-stick motivation scheme. For simple, mechanical tasks,...