Remove 2008 Remove Competition Remove Creativity Remove Technical Review
article thumbnail

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

Qmarkets

However, by developing an innovation strategy that anticipates a downturn, you can help your enterprise weather the storm and even uncover lucrative ways to gain a competitive edge. It’s estimated that a loss of more than $2 trillion in world-wide economic growth occurred between the second quarter of 2008 and the first quarter of 2009.

article thumbnail

What is innovation management and why your organization needs it

hackerearth

Innovation Management is about more than just planning new products, services, brand extensions, or technology inventions. This discipline of managing the innovation process harnesses creative ideas and uses them to build a steady pipeline of innovations that are reliable, repeatable, consistent, and profitable. Culture/Country.

Insiders

Sign Up for our Newsletter

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

article thumbnail

What is innovation management and why your organization needs it

hackerearth

Innovation Management is about more than just planning new products, services, brand extensions, or technology inventions. This discipline of managing the innovation process harnesses creative ideas and uses them to build a steady pipeline of innovations that are reliable, repeatable, consistent, and profitable. Culture/Country.

article thumbnail

PLAYING IT SAFE IS THE MOST DANGEROUS THING YOU CAN DO

Innovation 360 Group

Companies disappear all the time without a word, due to changing cultural values, changing technology, or changing audience demographics. It wasn’t the tech startups alone that brought them down. At the heart of it all was a lack of attention to how customers’ lives had changed into a faster, more tech-savvy world.

article thumbnail

“Embrace Open Innovation or be Destroyed by it…” – A Case Study on Lego & Bagels

Qmarkets

In the time that has passed since then, this concept has become infinitely easier to implement thanks to the development of Innovation Management technology, however some companies are yet to wake up to its potential. . Proposals that receive support from 10,000 users are promoted to the next stage for review by a committee of experts.

article thumbnail

“Embrace Open Innovation or be Destroyed by it…” – A Case Study on Lego & Bagels

Qmarkets

In the time that has passed since then, this concept has become infinitely easier to implement thanks to the development of Innovation Management technology, however some companies are yet to wake up to its potential. . Proposals that receive support from 10,000 users are promoted to the next stage for review by a committee of experts.

article thumbnail

Innovation Ecosystem: Bridging the Gap Between Digital and Offline Innovation

Qmarkets

With online innovation contributors also have more time to think over concepts, and bring them into sharper resolution, whereas physical gatherings are usually intensive and rushed due to the time constraints of those who have gathered together for the event. . Due to the time limit, participants will be intensely focused on innovation.