article thumbnail

Crowdsourcing ideas: sexy ideas get implemented

Norbert Bol

Idea crowdsourcing is the act when a company outsources the generation of new ideas (e.g. The sourcing of ideas occurs on online idea crowdsourcing platforms that are open to everybody who has access to the Internet and no specific training or expertise is needed. Matt Ridley – When Ideas Have Sex. Norbert Bol. Literature.

article thumbnail

What is innovation management and why your organization needs it

hackerearth

Innovation management has now clearly emerged as a subset of strategic management, with companies unwilling to leave innovation only with the R&D wing. Companies have recognized the importance of communication, measuring innovation performance, fostering an innovative culture, and the right leadership.

article thumbnail

What is innovation management and why your organization needs it

hackerearth

Innovation management has now clearly emerged as a subset of strategic management, with companies unwilling to leave innovation only with the R&D wing. Companies have recognized the importance of communication, measuring innovation performance, fostering an innovative culture, and the right leadership.