article thumbnail

5 Practical Ways For Creating a Successful Innovation Program

Acuvate

The goal of innovation programs is to encourage employees to come up with ideas – give them the opportunity to pitch their ideas, provide experimental capital to employees, test ideas, and then invest in the successful ones. But what accurately will it take to build a sustainable innovation program? Conclusion.

article thumbnail

Conquer the Top 3 Innovation Challenges with ChatGPT

PlanBox Innovation

Anyone leading in innovation will tell you that managing the complete idea lifecycle is an uphill battle. Think about it: ChatGPT can comb through vast amounts of data around industry trends, consumer behaviors, or emerging technologies, or even help you perform market research and competitive analysis—all in a blink of an eye.

ChatGPT 90
Insiders

Sign Up for our Newsletter

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

Trending Sources

article thumbnail

2024: A Corporate Innovation Odyssey

PlanBox Innovation

The conventional metrics often fall short in capturing the true impact of innovation. We must adapt our metrics to measure value generation, customer satisfaction, and long-term competitiveness accurately. Unlike the reactive nature of Agile, future-fit values encourage organizations to predict and adapt to change proactively.

article thumbnail

Rhino-vation: Tackle Sustainability Goals Head-On Through Innovation

PlanBox Innovation

Our 2022 Data on Sustainability report reveals that 16% of organizations use the UN’s targets as KPIs (key performance indicators) to measure and track their progress towards sustainability, while 38% use these in combination with their own. Create a competitive advantage? Does it address a specific sustainability target?