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Innovation Management: Importance, Ideas, and Examples

Acuvate

In less than a decade, innovation management got recognized as one of the most powerful strategies an organization can use to streamline internal processes and boost their business productivity. What is innovation management? What is innovation management? So why not ignite the culture of ideation among employees?

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Organizing for Simultaneous Innovation Capability – key findings from +1,000 companies, republished from Drucker Forum 2016

Innovation 360 Group

Another source on the theme, O’Reilly III and Tushman (2004) , talks about being able working ambidextrously with incremental and radical innovation at the same time. The insight of dividing innovation work into different Horizons in order to manage it effectively is, in my experience, often well known at C-level.

Company 40
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Organizing for Simultaneous Innovation Capability – key findings from +1,000 companies, republished from Drucker Forum 2016

Innovation 360

Another source on the theme, O’Reilly III and Tushman (2004) , talks about being able working ambidextrously with incremental and radical innovation at the same time. The insight of dividing innovation work into different Horizons in order to manage it effectively is, in my experience, often well known at C-level.

Company 40
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Crowdsourcing Case Study: Polaris Industries

Planview

Planview Spigit lets us give employees an opportunity to create the next big thing.” – Joe Laurin, Visioneering Manager, Polaris Industries . Through their Ideate Innovation program, which the team uses to surface and develop ideas and turn them into award-winning products. That’s where Spigit’s innovation management software came in.

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What is design thinking and how can it help you innovate?

hackerearth

Leaders and managers can design the way they lead, manage, innovate, and create. The design thinking process comprises six stages: empathize, define, ideate, prototype, test, and implement. A popular misconception is that design thinking is riskier than the traditional business approach that managers take to solve a problem.

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

Qmarkets

In 2017 it was blocked for a few hours by the OOCL Japan, in 2006 it was blocked by the Okal King Dor for 8 hours, and before that in 2004 the Tropic Brilliance became lodged for 3 whole days. This is not a luxury that is afforded to most organizations, so it is critical to be quick to crowdsource – don’t hesitate to ideate!

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

Qmarkets

In 2017 it was blocked for a few hours by the OOCL Japan, in 2006 it was blocked by the Okal King Dor for 8 hours, and before that in 2004 the Tropic Brilliance became lodged for 3 whole days. This is not a luxury that is afforded to most organizations, so it is critical to be quick to crowdsource – don’t hesitate to ideate!