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Cause Analytics
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Cause Analytics is the UK's independent Business Intelligence service
Cause Analytics is the UK's independent Business Intelligence service

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Should You Take an App For That?

"Mobile health care apps now number in the thousands on the Apple and Google online stores, and many of these are targeted toward mental health."
. . .
"I think a lot of these mobile digital health technologies would like to take the role of new pharma, which is especially interesting since there hasnt been any new blockbuster drugs for mental health in a while, says John Torous, a psychiatrist at Harvard Medical School and coauthor of the 2015 study."
. . .
"There are also practical issues a feasibility study on an app designed to help manage schizophrenia, found that while users found the app to be effective, the most common technical problem was people forgetting to charge their phones."
. . .
"In the UK, the National Health Services launched a Health Apps Library in March 2013."
. . . 
"Last month, economist Simon Leigh at the University of Liverpool co-authored an article in Evidence Based Mental Health that reported among the 14 apps for depression and anxiety recommended by the NHS, only four had any research to back up their claims and only two of those used validated measurement tools to test their effectiveness."

#Mobile #FutureTechnologies #TodaysChallenge #BuildResilience   #HumanResources   #wellbeing  

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How to Use Big Data to Enhance Your Brand Storytelling

"By now, many businesses and organizations have seen the value behind big data."
. . .
"You see, big data by itself actually holds little value."
. . .
"To truly gain value and improve your brand, data needs to be used in storytelling."
. . .
"Without data, stories like the ones you want to tell provide little impact."
. . .
"Storytelling can effectively establish that emotional connection, while data within the story can help earn the trust of the reader.
Enhancing your brand storytelling with big data should also be focused on creating a dialogue."
. . . 
"Through better brand storytelling with big data, organizations will be able to not only inspire content that will be shared, but they’ll be considered some of the top thought leaders in their respective industries."

#Storytelling #BigData

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Analytics: Meaning different things to different people

"Analytics is often held up as a killer app for allowing data to be used and visualised by everyone.'
. . .
"Modern data analytics platforms act like a prism, separating a constant stream of data into different colours or views."
. . .
"You may want to analyse and visualise the same data from a number of different perspectives e.g. security, IT, customer, mobile, process."
. . .
"The underlying data is often the same but you need to look at it through a modern data platform to see all the facets of that data and hence extract the maximum value for your business."
. . .
"It often abstracts underlying complexity into data visualisation and analytics."

#DataVisualisation #Analytics

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Adjacent Innovation in the Food Industry

Quick ad-hoc analysis by +Daniel Durrant along with a slideshow on 2016 Consumer Goods Trends provided by +Rotana Ty (good stuff!)
http://fr.slideshare.net/hamutalewin/2016-fmcg-trends

Adjacent Innovation:
Deloitte calls it an effort "to extend a product set or customer base by way of new products or a new set of business for the organization."

Simon Hill, managing director and founder of idea management firm, Wazoku, explains that adjacent innovation "may not be possible for all retailers, as it can be highly complex and failure rates can be high, especially when looking to take existing products to new markets."

Sources: http://deloitte.wsj.com/cfo/2015/03/02/how-cfos-can-advance-their-organizations-innovation-agenda/
http://www.retailtimes.co.uk/in-my-opinion-innovation-must-be-at-the-heart-of-retail-success-says-wazoku/

Theme: Disrupting Food
Disruptive innovation has been described as "creating something that consumers didn’t realize they needed" It has been said that in the food and beverage category there is less disruptive innovation so much as "incremental progress throughout the supply chain."  Demanding buyers are more informed, with access to apps that provide details about food products and their supply chains. In one report from 2012, a number of disruptive changes were said to be coming to food production technology, primarily due to "increasing population, climate change, rising fossil fuel prices, ecosystem degradation and water and land scarcity are making today's food production methods increasingly unsustainable."

Sources (various via search):
Food disruptive innovation: https://goo.gl/PBAUOy

Theme: Sales slump
McDonalds' "sales continued to struggle in the first three months of 2015..." Subway's sales have been declining, likely due to increased competition from Chick-fil-A and Chipotle. Frozen food brands have experienced declining sales due to "negative perceptions". Fresh foods are said to be "stealing sales". Yet, Whole Foods, the high-end grocer, has reported declining sales for the first time in six years. Kellogg, known for brands like Pop-Tarts and Frosted Flakes, is also said to have faced declining sales this year. Sales of traditional diet sodas have also been falling.

Sources (various via search):
Food declining sales https://goo.gl/uify93
Food sales frozen products https://goo.gl/tk4Y4u
Traditional diet sodas: https://goo.gl/AXo73V

#DisruptiveInnovation #FoodIndustry #trends 

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Human-in-the-loop Computing

"A machine learning model takes a first pass on the data, or every video, image or document that needs labeling. That model also assigns a confidence score, or how sure the algorithm is that it’s making the right judgment. If the confidence score is below a certain value, it sends the data to a human annotator to make a judgment. That new human judgment is used both for the business process and is fed back into the machine learning algorithm to make it smarter. In other words, when the machine isn’t sure what the answer is, it relies on a human, then adds that human judgment to its model."
. . .
"Human-computer interaction is much more important for artificial intelligence than we ever thought. In each case: chess, driving, facebook and ATMs, making sure computers and humans work well together is critical for all of these applications to work. Notably, however, there’s a different interface between the computer and the human in each but it’s the pairing of humans and machine–not the supremacy of one over the other–that yields the best results."

#ArtificialIntelligence   #FutureTechnologies  

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Having To Be Right Shakes Your Mind

"People are culturally conditioned to have to be right. The parents are right, the teacher is right, the boss is right. Who is right overrules what is right. Couples have huge quarrels about considerations that are forgotten as the struggle for who is right rages on.

Political parties have institutionalized having to be right. How often has a political party welcomed the position of the other side? Imagine if all the energy that goes into trying to prove the other side wrong were channeled into actually thinking about what was best for whatever the dispute is about. Worse, having to be right becomes a barrier to learning and understanding. It keeps you away from growing, for there is no growth without changing, correcting, and questioning yourself.

If you have to be right, you put yourself in a hedged lane, but once you experience the power of not having to be right, you will feel like you are walking across open fields, the perspective wide and your feet free to take any turn."

~ John Naisbitt - Speaker in the area of future studies and author of Megatrends.

#AnticipateChange   #DecisionMaking  

Image via: http://www.china.org.cn/video/2009-09/04/content_18466686_2.htm
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The Inexorable March in the Quantification of Me

Great post by +Julian Stodd 

Wearable technology will transform every aspect of everything we do.

"It will geolocate and contextualise information depending upon who you are with, where you are and what you are doing.

"It will help you achieve that thing you are doing by both pulling in new information and letting you share your story as you learn.

It will move us from formal, abstract, old world models of learning to ‘on demand‘ learning and performance support fit for the Social Age.

"It will ground our learning in facts of performance and support us in changing those facts."

#Lifelogging #Social #OnDemand #Storytelling  

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Cognitive Overload & The Focus Movement

The author describes cognitive overload as "one of the most insidious, productivity-sapping maladies afflicting today's managers."

"Some chief executive clients of Icebreaker had banked up to 70,000--yes, 70,000--unread messages."
. .  .
"Gloria Mark, a professor of informatics at the University of California, Irvine, says a worker distracted by something like a Web search gone wild or a new text popping up on the phone can take about 25 minutes to return to the task at hand."
. . . 
" At Google, employees take courses that help sharpen attention skills. At smaller companies such as Zumba and Box, the founders have devised their own methods, including putting aside large blocks of time to reflect, far from the madding crowd."
. . .
"Why is focus so important to success? Academics such as Nobel Prize-winning neuroscientist Eric Kandel say the best way to understand your competition, learn from your employees, chart a long-term strategy, or innovate is to have the mental discipline to home in on what really matters to your business. Only by intensely concentrating can you link new ideas and facts "meaningfully and systematically with knowledge already well established in memory," Kandel writes in his 2006 book In Search of Memory. Simply put, if you have the presence of mind to absorb new data, trends, and events -- and then synthesize them with what you already know -- you will be more likely to formulate the breakthrough idea."
. . .
"In his latest book, Focus: The Hidden Driver of Excellence, [psychologist Daniel] Goleman explores why people become distracted in the first place. In layman's terms, he explains that the prefrontal cortex of our brain, the outer layer that controls your executive functions--concentrating, planning, and synthesizing--is in a constant tug-of-war with the deeper, more atavistic sector where your impulses arise."
. . . 
"One approach to improve your concentration, says Goleman, is to make yourself aware of the three basic types of focus you apply from time to time: inner, other, and outer. Inner focus is the ability to listen to your deepest self, your "true north." Who are you, what are your values, why are you doing the work you're doing?"
. . .
"Entrepreneurship professor Steve Blank, who teaches at Columbia, Stanford, and Berkeley and has co-founded four Silicon Valley startups, including MIPS Technologies, says Goleman's framework is perfect for entrepreneurs. Blank says leaders who can focus inwardly have a competitive advantage: They can function in turmoil--like great generals who can see through the fog of battle. "When a company is young and growing, it can be chaotic. In the same way, a good general knows a battle never goes according to plan so he needs to have the composure and focus to do triage in real time.""

#TodaysChallenges #Managers #BuildResilience
#leadership #overload 

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"Consider your experiences of 'revelation' vs. the notion of 'gaining insight'. 'Analytics revelations' can be personally transformative."
~ +David Pidsley 

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Shifting to a Higher Level of Individual and Organizational Consciousness

Great article by Vlatka Hlupic, Professor, Management Consultant, Author of 'The Management Shift', Keynote speaker, CEO of the Drucker Society London

"For an enterprise to thrive many positive factors have to come together. In recent years the understanding of the dynamics of the thriving, resilient enterprise has become authoritative and substantial. It has been difficult to translate to practice not because the evidence base is questionable -- it is actually very robust -- but because the implications are momentous: nothing less than a fundamental rewriting of the orthodoxies of business. Specifically, we now understand that:

- The organization is not a structure, it's a living community.
Quarterly accounting profits don't accurately track performance; they're a lagging indicator, and can provide misleading information on their own.
 - People are not a static resource, they are a living asset that creates all the other assets.
- Employee engagement is crucial. It doesn't guarantee success, but its absence pretty much guarantees failure.
- Values and culture are important: you can't financially incentivize your way to lasting success.
- Personal leadership coaching cannot be understood as being separate from organizational development: one is ineffective without the other."
. . . 
"As any manager will tell you, you begin with a sound base of good information. Until recently, the bias towards accountancy prevented us from paying sufficient attention to other forms of quantitative data, such as staff turnover; or qualitative data, such as employee engagement and the customer experience. Intelligence on individual leaders' capabilities was often only loosely linked to organizational culture and performance. The in-depth analysis of the Individual Shift and of the Organizational Shift, and the discipline of attending to them simultaneously, helps restore or establish a deep connection between the different elements that are necessary for success, informed by a rich blend of both quantitative and qualitative intelligence on people and the company."
. . . 
"Based on theories of personal development, this approach envisages five levels of personal effectiveness, from Level 1 -- Lifeless or apathetic; to Level 5 -- Limitless and passionate. In-depth interviews and questionnaires can identify the level at which a leader is operating, indicated for example by typical thought patterns, e.g. at Level 1 "I feel demoralized/I cannot win" or by contrast at Level 5 "I inspire people to achieve their unlimited potential.""

#BuildResilience   #Leadership   #Social   #Managers  

Posted by +Daniel Durrant 

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