Ideation Rate: Quantifying a Culture of Innovation

Planview Spigit

MIT’s Sloan Management Review recently published a story that focuses on the research Spigit conducted with Northwestern University’s Kellogg School of Management around quantifying a culture of innovation. In other words, we set out to move beyond the why behind creating a culture of innovation and look at the how. In doing so, we surfaced actions a company can take actually build and sustain a culture of innovation.

More Ideation means more Innovation – Simple

Innovation Excellence

Spigit is a leading innovation management software company. They recently published a research paper entitled ‘Quantifying a Culture of Innovation.’ ’ Northwestern University’s Kellogg School of Management carried out a study of data from 154 corporate customers of Spigit over a five year period. They report a significant correlation between ideation rates.

Participation leads to Innovation

Destination Innovation

Spigit is a leading innovation management software company. They recently published a research paper entitled ‘Quantifying a Culture of Innovation.’ They report a significant correlation between ideation rates (generating good ideas) and profit growth.

Spigit’s 2018 Fall Product Release: Machine Learning, New Use Cases, and More

Planview Spigit

Spigit’s 2018 fall product release is here, complete with industry-first capabilities and exciting new enhancements! The inspiration behind this release, which you’ll hear more about in the below video, was simple: help customers drive significant cultural change. The wait is over.

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Measuring Innovation Performance

Measuring innovation performance Our innovation campaigns prove that there is a way to. measure innovation performance. Innovation-active ?rms Along with balancing the innovation. Failing to measure it makes no business sense when millions of dollars are set.

How Innovation Management Contributes to The Success of Digital Transformation

Acuvate

Digital technologies are totally transforming the face of business. Adopting digital transformation is the only way to stay ahead of the competition in today’s digital era. According to 87% of business leaders, digitalization is a top priority.

Millennial Engagement in the workplace: 4 Actionable Tips

Acuvate

Organizations are developing into majority millennial teams, and predictions show millennials representing nearly 75 percent of the workforce by 2030. Forbes stated that “91% of millennials don’t anticipate staying at a job for more than three years.”. Create a culture of innovation.

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? Importance of innovation management.

Ezassi to Attend FEI Boston 2018: What to Expect

eZassi

We will be attending the annual FEI Boston 2018 event. While there, we’ll be showcasing our innovative platform and processes that have helped our client base increase user engagement, time-to-innovate, number of ideas and, most importantly, quantifying how it affects their bottom line.

4 Reasons Why Defining Goals is Critical to Successful Ideation Challenges

Planview Spigit

Defining goals is critical to running successful ideation challenges. I’ve been working with several ideation program managers recently to launch their first crowdsourcing challenge and noticed that many try to bypass the step of defining goals. At Spigit, we help some of the most successful companies in the world drive their innovation agenda and create cultures of innovation through ideation.

What do we expect from Innovation? Mostly disappointment

Paul Hobcraft

Good innovation is notoriously hard to achieve. Others looking at the innovation progress keep demanding tangible evidence and quantifiable guarantees that the outcome provides clear returns. Much of the innovation discovery journey is a disappointing one.

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How You Ask for Innovation Matters

Gregg Fraley

Six Considerations for Inclusive Innovation. The Wall Street Journal published an article this week, Why Innovation is a Team Sport. . It reveals a broad based study on innovation done by the research firm Great Place to Work. Be prepared to process a lot of ideas.

Retail innovation: Trends, challenges and opportunities

hackerearth

Retail giants such as Amazon have literally eaten up thousands of stores world over, capturing considerable market share. Every innovation in retail is now about designing an experience that’s remarkable and creates value that keeps bringing the customer back. Innovate iteratively.

Ignite Spotlight: An Interview with Southern Company’s Julie Pigott

Planview Spigit

As one of the top 10 utility companies in the world , Southern Company is a shining example of how to leverage an employee-base to transform the way a business operates. We recently caught up with Julie to hear more about Southern Company’s – as well as her own – innovation journey.

So, do you really understand innovation?

The Future Shapers

So, if I walked into your office tomorrow, stopped the first person I came across and asked them what they understood your organisation’s innovation strategy to be, what sort of answer would I get? And even if I were to find someone who could give me a full response on your current level of innovation maturity, would they then be able to explain the part they play and how they contribute? I touched on this in my recent article on why innovation transformations fail.

Cultivating an Innovation Mindset

eZassi

Cultivating an Innovation Mindset — Actively Pursuing Innovation. At this point, most businesses are keenly aware that it is imperative to their survival, in a competitive business world, to actively pursue innovation and cultivating an innovation mindset within their organization.

What is Crowdsourcing for Innovation?

eZassi

What is Crowdsourcing for Innovation? Crowdsourcing and co-creation is an essential arm of conducting smart business. How to channel your internal and external crowd for innovation, ideation and collaboration. What is the Goal of Crowdsourcing Innovation?

Ditching the Tried and Tested: How to Innovate in Law

Ideanote

Law firms aren’t known for their innovative thinking. Certainly, they have dragged their heels in embracing innovation and adapting to the new world order of LegalTech. Why were law firms so slow to wake up to the innovation age? Along with other types of initiatives.

Ditching the Tried and Tested: How to Innovate in Law

Ideanote

Law firms aren’t known for their innovative thinking. Certainly, they have dragged their heels in embracing innovation and adapting to the new world order of LegalTech. Why were law firms so slow to wake up to the innovation age? Along with other types of initiatives.

How to enable inclusive innovation

hackerearth

The innovation system would meet the needs of every person. Inadequacy or inaccessibility should not constrain people’s innovative ability. What is inclusive innovation? Here, the excluded groups are both producers and customers of innovations.

Spotlight: Forbes

Planview Spigit

“Success is more of a bottom-up phenomenon than a top-down one.”. This is a direct quote from a recent Forbes article written by Peter Georgescu, Chairman Emeritus of Young & Rubicam and author of Capitalists Arise!, A comprehensive study conducted last year that revealed how companies can quantify a culture of innovation. Dylan Minor, of the Kellogg School of Management, gathered five years’ worth of data on the creativity of 3.5

Spigit’s Year of Record Growth and Release of Industry-First Capabilities

Planview Spigit

Spigit’s full lifecycle idea management software takes a monumental step forward today capping off another year of record customer growth. We’re thrilled to announce the latest product release that boasts enhancements and industry-first capabilities that will enable Spigit clients to take their ideation programs to the next level. With this latest Spigit release, it’s now easier than ever to: Ideate with employees, customers, partners, or the general public at scale.

Spigit Client Awards: And the Winner Is…

Planview Spigit

Every year at Spigit’s annual conference , Ignite, we recognize clients in our innovation community whose programs have achieved remarkable feats. Launch of the Year. New Program of the Year. The award for Best Employee Engagement looks at clients who have created a robust reward and recognition program, and have increased employee engagement and participation across their innovation campaigns and challenges. Launch of the Year. New Program of the Year.

Spigit Client Awards: And the Winner Is…

Planview Spigit

Every year at Spigit’s annual conference , Ignite, we recognize clients in our innovation community whose programs have achieved remarkable feats. Launch of the Year. New Program of the Year. The award for Best Employee Engagement looks at clients who have created a robust reward and recognition program, and have increased employee engagement and participation across their innovation campaigns and challenges. Launch of the Year. New Program of the Year.

U.S. Air Force Leverages External Innovation to Surface Innovative Ideas

Planview Spigit

Providing our airmen and women and operators of the US Air Force with top-notch technology is crucial to keeping our country safe. Spigit recently partnered with AFWERX, a product of the Air Force launched. with innovation hubs around the US, to solve some of their biggest challenges through crowdsourced innovation. How is AFWERX harnessing the ideas and creativity of these contributors? External Innovation

Why Measuring the Value of Your Innovation Program from Day One is Important

Planview Spigit

Every year Spigit conducts its “ State of Crowdsourced Innovation ” customer study to better understand how our customers build and manage their innovation programs. One of the key findings from this research is that a significant shift occurs at around the three-year mark of having an innovation program. This shift centers around measurement of program value. What ideas do we have in our innovation pipeline?

Co-creating volume 3

Innovation 360 Group

Now we start the work co-creating volume 3 of the Complete Guide to business Innovation and you are invited! INTRODUCTION TO VOLUME 3: INNOVATION SYSTEM FROM IDEATION TO GOVERNANCE. Innovators are always saying that they want to make the world a better place, so why isn’t it any better? The world actually is a better place now, according to a host of objective metrics. Global child mortality rates are now half of what they were in 1990.

How to Come Up with Disruptive Ideas Using ‘Random Words’? [Including Video]

Be-novative

We only need to be creative and come up with original, new ideas 2% of the times on an average day, yet disruptive solutions are the key to any successful business in the 21stcentury. Everyone in your team should first write their ideas on a post-it note or in the virtual ideation room.

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4 Ways to Beat Innovation Management Anxiety- How to Get Past the Fear and Find Your Next Big Idea!

Qmarkets

The philosopher Aristotle diagnosed fear as ‘pain arising from the anticipation of evil’. Over 2000 years later, C-suite executives at major companies the world over are certainly feeling this specific pain when it comes to innovation. Fearing Loss of Control. Fear of Failure.

Co-creating volume 3

Innovation 360

Now we start the work co-creating volume 3 of the Complete Guide to business Innovation and you are invited! INTRODUCTION TO VOLUME 3: INNOVATION SYSTEM FROM IDEATION TO GOVERNANCE. Innovators are always saying that they want to make the world a better place, so why isn’t it any better? The world actually is a better place now, according to a host of objective metrics. Global child mortality rates are now half of what they were in 1990.

The Five Habits of Highly Innovative Organizations

HunchBuzz

I was recently asked what I thought the five key ingredients were to setting up an innovation/idea driven organization. According to The Gallop Poll (an international research and benchmarking organization that assesses global workforce engagement) the majority of companies typically have somewhere between 20-30% of their staff who are actively engaged. Therefore it is my hunch that the cultural engagement piece has to be the #1 driver. Culture of engagement.

The Five Habits of Highly Innovative Organizations

HunchBuzz

I was recently asked what I thought the five key ingredients were to setting up an innovation/idea driven organization. According to The Gallop Poll (an international research and benchmarking organization that assesses global workforce engagement) the majority of companies typically have somewhere between 20-30% of their staff who are actively engaged. Therefore it is my hunch that the cultural engagement piece has to be #1 driver. Culture of engagement.

How to Stay Ahead of the Game in a Fast-Changing Industry

IdeaScale

At the intersection of modern technology and advertising, digital marketing is one of the fastest changing industries in the world. And to stay relevant in digital marketing, you need to be innovative. And in the field of digital advertising… read up on marketing news.

Top 10 Takeaways from Spigit’s 2017 Ignite Conference

Planview Spigit

From a scientist who led the innovation team that developed the Ebola vaccine, to a world renown innovation author, to the VP of Watson Strategic Partnerships at IBM Watson, Ignite 2017 was one for the record books. Throughout the conference, which included exclusive innovation strategy workshops for Spigit customers, there was no shortage of useful insights attendees walked away with. Early executive sponsorship is critical for sustainable ideation programs.

Capabilities and Leadership Close the Skills Gap in Manufacturing

Innovation 360 Group

When it comes to innovation, building capabilities and applying the right leadership style give top performing manufacturers the edge over skills-focused peers. 84% of manufacturing executives say that they will hire for technology roles in the next 5 years.

Top 10 Takeaways from Spigit’s 2017 Ignite Conference

Planview Spigit

From a scientist who led the innovation team that developed the Ebola vaccine, to a world renown innovation author, to the VP of Watson Strategic Partnerships at IBM Watson, Ignite 2017 was one for the record books. Throughout the conference, which included exclusive innovation strategy workshops for Spigit customers, there was no shortage of useful insights attendees walked away with. Early executive sponsorship is critical for sustainable ideation programs.

The EU Sustainability Directive Is Setting a New Global Standard for Business Practices

Innovation 360 Group

US innovators and investor are closely watching the drama of the EU’s General Data Protection Regulations (GDPR) (Regulation 2016/679/EU), covering corporate responsibility for protecting personal data, which is scheduled to go into force in May of 2018. There’s another EU directive for 2018, though, and it could have a far deeper impact on the lives of individuals, organizations, and nations well into the future. Diversity in their board of directors.

The Innovation Hotline: How Colruyt Group is Championing Intrapraneurship with Collaborative Idea Generation

Qmarkets

Often times, the most successful and innovative companies stem from the humblest of origins. Although the name Colruyt has historically been synonymous with the popular supermarkets chain, today that is only one component of the multifaceted Colruyt Group.

Hackathons simplified

hackerearth

When some people hear the word “hackathon,” a wave of intimidation spills over them. However, the majority of hackathons gives developers and programmers free rein to be creative and build something awesome. In fact, it may be one of the most challenging tasks.