Remove 2007 Remove Competition Remove Crowdsourcing Remove Design
article thumbnail

The Role of Innovation in New Product Development: Three Approaches for Success

Qmarkets

In this blog we will share how crowdsourcing, incremental, and breakthrough innovation can be used as part of your NPD strategy throughout the FFE stage. Crowdsourcing New Product Development: The Lego Approach As the name suggests, crowdsourcing means ‘outsourcing to the crowds’.

article thumbnail

71 Innovation Methodologies

Open Innovation EU

Human-Centered Design (IDEO). Updated Model of Design Thinking. Design Thinking Process (Stanford). Crowdsourcing (Whitla). Crowdsourcing Process (Geiger). Design Competitions. Stage-Gate Model in Crowdsourcing (Saldanha). Design for Six Sigma (Idov). Experience Design Process (Armano).

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Top 3 Alternative Assets for your Business Innovation Strategy

Qmarkets

Benefits of Crowdsourcing Ideas Ideas have a huge amount of potential and can result in a variety of benefits for an organization. This can result in the formation of ideas for new products and strategies, which ultimately can create competitive advantage and deliver incredible ROI.

article thumbnail

Innovate, Adapt, Overcome: How to Beat a Recession with Idea Management & Continuous Improvement

Qmarkets

However, by developing an innovation strategy that anticipates a downturn, you can help your enterprise weather the storm and even uncover lucrative ways to gain a competitive edge. To gain that all-important edge, it’s advisable to survey the marketplace – through crowdsourcing projects, ? portfolio scouting campaigns , etc. –

article thumbnail

Moving Lean Construction into the Digital Age: Last Planner Meets Collective Intelligence

Planview

The leaders of these firms say that they marked 2016 as the year in which they felt that they could put the dark days of the 2007-08 recession behind them, once and for all. Flush times do not mean relief from competition. Our clients in the construction business tell me that the industry enjoys flush times, once again.

LEAN 40
article thumbnail

50 what-if questions to reimagine the future

Board of Innovation

The manufacturing industry is becoming increasingly capable of creating small batches (or even single units) of personalized products at very competitive prices. Airbnb and Ryanair originally designed a service with only B2C customers in mind. Can you design services where no humans are involved? What if you went fully global?

article thumbnail

Moving Lean Construction into the Digital Age: Last Planner Meets Collective Intelligence

Planview

The leaders of these firms say that they marked 2016 as the year in which they felt that they could put the dark days of the 2007-08 recession behind them, once and for all. Flush times do not mean relief from competition. Our clients in the construction business tell me that the industry enjoys flush times, once again.

LEAN 40