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15 most important Innovation Theories your company should be using

Idea to Value

Together, they reduce the risk of failure, improve the success rate of new ideas and can help build an organisation which is more resilient to change and able to grow. What it is: TRIZ is a problem-solving, analysis and forecasting tool derived from the study of patterns of invention in the global patent literature.

Company 248
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Striking Gold: The $40m Idea Unearthed Through Crowdsourcing

Qmarkets

” They did multiple lab tests and they performed a very in-depth analysis. It was particularly interesting to learn that a single idea for a process improvement is set to benefit the company by a staggering $40m. Another key takeaway for us was the evolution of the way in which Hochschild gathers ideas from its employees.

article thumbnail

Striking Gold: The $40m Idea Unearthed Through Crowdsourcing

Qmarkets

They did multiple lab tests and they performed a very in-depth analysis. It was particularly interesting to learn that a single idea for a process improvement is set to benefit the company by a staggering $40m. Another key takeaway for us was the evolution of the way in which Hochschild gathers ideas from its employees.