Innovation Through Design Thinking

In the video the speaker is talking about his company and how they use "Design Thinking". Design thinking is supported by a rich set of tools, process, roles and environment. These days designs are every where. Designs can be used to tackle a whole range of creative and business issues. Different companies use design to do different things. Design can be used to create new strategies, enter into new markets, create new brands, create new applications for technology, new ways to connect to customers and create new partnerships. There are three important phases to create a new design. The first phase is inspiration. Designers look at other people and try to see things in their point of view. During this stage the designer needs to have empathy for that person. The next phase is ideation. In this stage they build prototypes to evolve your idea and to learn about the idea. The last phase is implementation. In this phase they you use you try out your idea in the real world. They use story boards and models to see if they idea will work out in real life scenarios. They could use a knowledge management to post their ideas and prototypes and people then could then collaborate and give feedback. It could also help them go back to the prototype later on if it didn’t work and maybe add things to it later. The system could be a structure that held all of their ideas and information about their ideas. This would be better then having an idea wall where they post new ideas on a clipboard and it gets cluttered from paperwork.

Democratizing Innovation

In the video the speakers talks about "Democratizing Innovation", which means that users are increasingly able to innovate for themselves. He started to research where innovations began so he went to different manufacturers and asked them who came up with this model. All of them told him that the company came up with this idea but throughout his research he found out that most of the innovations were created by users. Actually 80 percent of innovations are created by users and 20 percent is from manufacturers. There is a difference between user innovations and manufacturer innovations. A user innovation is when the developer expects to benefit by using it. A manufacturer innovation is when the developer expects to benefit by selling it. Innovating users tend to be "Lead Users." They have needs that foreshadow general demand in the marketplace and they expect to obtain high benefit from a solution to their needs. So most user-centered innovations can increase social welfare.

Knowledge management can help bring numerous user innovators together so they can communicate and collaborate on different ideas. It can also help manufacturers as well. Some innovations created by manufacturers are not as good and don't last long. If manufacturers created an innovation and placed it on a site where users could collaborate and provide ideas that would make the innovation better and more successful, it could help manufacturers out a great deal. It also could help society as well.

#8 Thriving in the Era of Rabid Collaboration

    The message from the video "Thriving in the Era if Rabid Collaboration" is abot higher education institutions using the collaboration to drive down costs via leverage. The idea is to use a fast digital network that will have more resources for education and also bring cost-efficiencies to institutions through the roof. The fast digital networks will be open sources were institutions can collaborate about research and IT services and many other things. According to the speaker this will create a competitive advantage for the schools that use this open source network. The speaker talked about how collaboration is an unnatural act and how its hard to be dependent upon others. Each participant needs a network that is dependable to enable new coordination. He talked about embracing the notion of coordinating business objectives and leveraging resources with other institutions. The speaker talked about edge, leverage and trust and developing skills over time. This would help to create that competitive advantage. The speaker also talked about why collaborate and that collaboration begins at home. Collaboration brings different resources to the business and helps conduct the business. This all deals with cost efficiencies and having a competitive advantage in higher education.

neural network application

Neral networks was traditionally used to refer to a network or circuit of biological neutrons.  Artificial neural networks may either be used to gain an understanding of biological neural networks, or for solving artificial intelligence problems without necessarily creating a model of a real biological system. The real, biological nervous system is highly complex and includes some features that may seem superfluous based on an understanding of artificial networks. Marketing is one field that uses these systems, the neural network works to help predict future sales and other key things markets need to know.  It is as easy as entering data to the system and it does the work for you.

Creating Inspired Collective Intelligence

This video was about how to mkae your company or business better. How to go from being just good enough to truly inspired. Margin of differnece in companys are very small. Just like a winner in a horse chase or a diving last catch in a baseball game. Inches one way or another could change the entire outcome. Pushing the margin is natuarl. Ever since we were children we have always wanted to push ourselves so pushing the margin is no differnet. To do this the video talked about 5 things. 1) Social Networks, 2) Social Capital, 3) Conversations, 4) Engagement Process and 5) Individual Thinking.  These 5 key factors creates a margin of difference.  Social networking is a good way to collaborate on similarities and social capital helps those networking relationships stay alive.  Social capital is the connection between those social networking relationships that share the same ideas.  Conversations help keep these relationships alive or can hinder them as well.  The engagement process helps build permanent relationships and put those conversations into action.  Most importantly there is individual thinking.  Don't forget that collective thinking is a great tool to effectively create a margin of difference, but individual thinking is very effective in cohesively bringing together those ideas.

Collaboration and Collective Intelligence

This video had both brief speeches and a panel discussion about the topics of collaboration and collective intelligence. There were three people speaking in this video and one moderator. One was a cultural anthropologist who studies media usage of young people in America and Japan. Another was worker at Linden Lab, known for its creation of an online 3D virtual reality collaboration tool called "2nd Life”. Last was professor at the University of New York at Buffalo and creator of the Institute of Distributed Creativity. The overall discussion evolved around defining collective intelligence as being a group of people forming together to make decisions. Collective Intelligence is a group of individuals acting collectively in ways that advance intelligence. The the group on the video was looking at how collective intelligence is affected by information technology, and the internet. Apparently intelligence collective and collaborating is so attractive that there is a Center for Collective Intelligence at MIT. The center is looking at how computers and humans act collectively to generate more intelligence. Collective intelligence is described in the video as being a group of people forming together to make decisions.  This collaboration between our kinds is assumed to have been existent in some form or another as long as humans have inhabited the earth.  However the video focuses mainly on the role that information technology has played in allowing collective intelligence to be fully harnessed and possibly abused.  To harness collective intelligence, it requires successfully connecting the right people with computers. There were lots of things talked about in this video but a few of the comments kind of stood out or stuck with me more than others. One comment that stuck out to me was that corporations are able to monopolize through social networking websites. With websites such as facebook this can happen very easily. Social networking has a lot of personal info in it so they can see your likes and dislikes but it also helps keep people linked together. Another topic they talked about was amateur expert collision. This is the idea that because of the massive advancement in technology like the internet, people that were once considered amateurs are now starting to populate the same arenas where professionals once dominated. The creation of collective intelligence would have never been possible to create without information technology. 60 percent of the web is created by users. So we work for free by using the internet and blogging about topics or exchanging knowledge on the net.

Blog #5

This video was about a man name Tony Heien was he was talking about Zappos and Nucor. The main point I believe that he was trying to make was that the company is better off when there is good culture. The owners of the company have to put in hard work to match the culture of the company to the employees or have the employees match the culture of the company. Zappos will pay employees to leave the company after a few weeks if they are not happy with their job or the company. This is good for the culture of the company because it is getting the right people who like their jobs into the company. With doing this it will help with experience , learning and trust because the employees that like their job and wants to go to work will build on those three things. After this happens over time knowledge will start to grow. The benefit of having built experience and knowledge will lead to innovation. The better the culture of the company the faster they can innovate. A good culture means people are happy and when people are happy everything seems to run better.