article thumbnail

3 Vital Idea Crowdsourcing Best Practices from the 2021 Suez Canal Obstruction

Qmarkets

In recent years, the concept of crowdsourcing has become an increasingly common tool used in response to large scale crises and world events. From the BP Gulf of Mexico oil spill in 2010 to the Covid-19 solutions marketplace in Israel last year, crowdsourcing has been proven as an effective way to gather solutions and solve problems.

article thumbnail

Innovation Budget Planning

eZassi

From the Harvard Business Review article “ An Agile Approach to Budgeting for Uncertain Times ,” here are the curated questions your team should ask while planning for projects in the year ahead: What are the outcomes that will be most important for strategic success? Technology Scouting Services. Innovation Strategy Consulting.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Striking Gold: The $40m Idea Unearthed Through Crowdsourcing

Qmarkets

We recently caught up with Juan Fernando Correa, the Projects Analyst at Hochschild who is responsible for leading the company’s crowdsourcing initiatives. Although you try to map underground resources very diligently, there’s still a margin for error once you go underground. What drives innovation investment?

article thumbnail

Three Vital Idea Crowdsourcing Best Practices from the 2021 Suez Canal Obstruction

Qmarkets

In recent years, the concept of crowdsourcing has become an increasingly common tool used in response to large scale crises and world events. From the BP Gulf of Mexico oil spill in 2010 to the Covid-19 solutions marketplace in Israel last year, crowdsourcing has been proven as an effective way to gather solutions and solve problems.

article thumbnail

Three Vital Idea Crowdsourcing Best Practices from the 2021 Suez Canal Obstruction

Qmarkets

In recent years, the concept of crowdsourcing has become an increasingly common tool used in response to large scale crises and world events. So, in March 2021 when one of the world’s busiest trade routes became firmly blocked by a seemingly immovable container ship, it was another opportunity for crowdsourcing to prove its value.

article thumbnail

Recognizing the Building Blocks of Innovation

Paul Hobcraft

So this post reviews many great contributors to advancing innovation over the years. Then we moved into an era of technology-associated innovation These are building on a higher reliance on AI, Technology, and Digital approaches, connecting more to the customer and more collaborative across organizations.

article thumbnail

LEAD Innovation Selects Qmarkets’ Platform to Help Global Businesses Crowdsource Solutions to COVID-19 Challenges

Qmarkets

LEAD Innovation Management – an acclaimed Austrian firm specializing in corporate innovation – has transformed their extensive LEAD user network into a digital crowdsourcing platform using Qmarkets’ software. The LEAD Proactive initiative has been launched on an entirely ‘pro-bono’ basis.