article thumbnail

71 Innovation Methodologies

Open Innovation EU

End-to-End Innovation Process (Furr). Citizen-Drive Innovation (World Bank). Innovation Challenge (Herbert). FORTH Innovation Method (Wulfen). Focus stage: Seed Published: 2007 more…. Process of Creativity (Gill). Customer Development (Blank). Focus stage: Early-stage Published: 1996 more….

article thumbnail

What is idea management and why is it important for any business

hackerearth

Another definition hinting at its pivotal role in innovation is this: “Idea management is facilitating the flow from idea generation to idea conversion in the innovation value chain” (Hansen & Birkinshaw, 2007). Allocate resources for the winning idea to be executed as part of current innovation strategy, or later.

article thumbnail

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

Qmarkets

job losses skyrocketed during the peak recession years 2008-2010 Given the devastating impact of the 2007-08 financial crisis, it’s little wonder that companies worldwide are sensitive to omens of a new “great recession”. million jobs and saw the fall of 25 federally-insured banks.