Remove 2014 Remove Competition Remove Crowdsourcing Remove Project
article thumbnail

Titans of Transformation: 5 Outstanding Examples of Innovation in Business

Qmarkets

In order to power their transformational strategy, and generate new ideas for tobacco-free products, PMI has harnessed the power of crowdsourcing. To harness the potential of open innovation, as well as the creativity and flexibility of startups, Nestlé launched its Henri@Nestle project in 2016.

article thumbnail

Titans of Transformation: 5 Outstanding Examples of Innovation in Business (ALL ELEMENTS)

Qmarkets

In order to power their transformational strategy, and generate new ideas for tobacco-free products, PMI has harnessed the power of crowdsourcing. To harness the potential of open innovation, as well as the creativity and flexibility of startups, Nestlé launched its Henri@Nestle project in 2016.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Ideating at Enexis – Driving Operational Innovation in Dutch Energy Sector

Qmarkets

Yet the company has managed to generate hundreds of new ideas each year since 2014, resulting in millions in cost-saving and improved employee safety. Michiel: Well since then the project has changed hands several times, I can’t say for sure, although I know we originally looked at a lot of vendors.

article thumbnail

Enexis Interview: Navigating Operational Innovation in an Environment Ripe for Innovation Stagnation

Qmarkets

Yet the company have managed to implement up to 300 new ideas a year resulting in millions in cost saving since 2014. A Qmarkets’ customer since 2014, we sat down with Enexis to discuss more about their innovation initiatives, overcoming resistance to change, and what the future of innovation looks like for them.

article thumbnail

Ideating at Enexis – Driving Operational Innovation in Dutch Energy Sector

Qmarkets

Yet the company have managed to implement up to 300 new ideas a year resulting in millions in cost-saving since 2014. A Qmarkets’ customer since 2014, we sat down with Enexis to discuss more about their innovation initiatives, overcoming resistance to change, and what the future of innovation looks like for them.

article thumbnail

Crowdsourcing with the Competition: Rewarding Venture or Precarious Proposition?

Qmarkets

Why your company needs to think about crowdsourcing with the competition…. Understandably, the increase in competition and market saturation is seen by those who experience it as a direct threat to their organizational legitimacy. Keep your friends close, and your enemies closer.” Sleeping With the Enemy.

article thumbnail

Gartner Research Insights: 5 Innovation Hacks to Boost your Digital Return

Qmarkets

CROWDSOURCING. The CIO's interviewed by Garther say that you can start testing out the crowdsourcing technique internally with a few non-essential ideas. Before changing existing funding processes, try creating a small “slush” fund for digital innovation projects. By buying out the competition, they eliminate this threat.

Survey 40