An Innovation Market Can Find Your Next Winner

Destination Innovation

These might be the top choices from brainstorm sessions or from your internal suggestions scheme or from external contributors. Brainstorming and Ideation Open Innovation & Crowdsourcing idea selection innovation market suggestions scheme wisdom of crowds

Brainstorming with innovator Laurie Steiner

Betterific

In this installment of brainstorming with an innovator , we invite Laurie Steiner , who won our wireless innovation competition. Laurie is not just a great ideator, but an amazing human being who gives so much of herself. See below to learn more about Laurie’s fascinating good deeds and how ADDHD is the secret sauce to her brainstorming. MW : What do you do when you’re not brainstorming on Betterific? Brainstorming with Uncategorized

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Brainstorming with Innovator Dan Pick

Betterific

” This is the first in our “Brainstorming with…” series. Dan is an ideator in the true sense of the word – he’s submitted hundreds of ideas, has participated in countless challenges and has won his fair share. Below is an interview we had with Dan, where we ask him about his techniques, some insight into how he brainstorms, and for some suggestions on how to make Betterific even better!

How a (crowdsourced) idea becomes a product

Betterific

Sterilite launches crowdsourced product. Sterilite , the industry leading manufacturer of plastic storage containers, launched their first ever crowdsourced product idea to the marketplace. . For the crowdsourcing community this is a huge breakthrough. No doubt you’ve heard of other crowdsourcing campaigns, like the 1995 campaign to choose M&M’s new color. But that campaign, and other ideation campaigns like it, didn’t require any creative problem solving.

A Look Back at Crowdsourced Innovation in 2020

IdeaScale

Crowdsourcing can influence innovation. According to a 2017 survey, 86% of companies who incorporate crowdsourcing in the workplace cite employee engagement as a top priority. IdeaScale has put together an infographic showing crowdsourced year-in numbers for 2020.

Participation leads to Innovation

Destination Innovation

They report a significant correlation between ideation rates (generating good ideas) and profit growth. Frequency – the more brainstorm and ideation events the better. They use a metric called Ideation Rate which they define as the ration of winning ideas to active participants. The study found a significant correlation between Ideation Rate and profit growth. They give a good Ideation Rate as 500 ideas per 1000 users per year.

The Remarkable Benefits of Digital Brainstorming

Qmarkets

The False Promise of Traditional Brainstorming. In order to create innovative ideas, Osborne suggested that a group of people should engage in a "brainstorm", i.e. "using the brain to storm a creative problem—and doing so in commando fashion, with each stormer attacking the same objective." There is, however, a big problem with Osborne's idea of brainstorming: It doesn’t work! Why Traditional Brainstorming Does Not Work. Second-Order Benefits of Digital Brainstorming.

Guest Blog Post: How to plan for creativity; The power of divergent and convergent ideation

Betterific

So we like to bring content that helps expand the mind around creativity and brainstorming. At Betterific, we faciliatate both convergent (thru our crowdsourced innovation challenges ) and divergent thinking (thru our concept refinement and crowdselect challenges ). We are excited to bring you Joyce Wycoff , an author and expert on gratitude and creativity. She is a thinker and a doer. She started an innovation conference in the mid 90s, before innovation was a buzzword.

Why is it Important to Get to Market Fast

IdeaScale

Along those same lines, getting to market faster, specifically through using crowdsourcing to accelerate innovation, can save you money on both the front and back end of development. Traditionally, businesses hired expansive research and development teams, as well as going through extensive brainstorming sessions to attempt to figure out what products were in demand. Best Practice crowdsourcing IdeaScale Innovation open innovationTechnology moves at the speed of innovation.

Avoiding Groupthink and Empowering Introverts

IdeaScale

There was this great infocomic a few years ago that talked about the virtues of online brainstorming. Although there are lots of benefits that we’ve discussed in our blog before (transparent processes, lower program costs, etc), this comic highlighted two of my favorite benefits that results from online brainstorming: avoiding groupthink and empowering introverts. To learn more about NYU’s AMC crowdsourcing initiative, download the case study here!

Interview with an Innovator: Kathleen Russell

Betterific

” She’s participated in numerous crowdsourcing innovation competitions , so it’s not surprising that her suggestion for Betterific is for the platform to host weekly “lightning” challenges. Read on for Kathy’s brainstorming tips and where she goes for inspiration. MW: What do you do when you’re not brainstorming on Betterific? MW: What blogs do you recommend on ideation, creativity or innovation? Brainstorming with Uncategorized

Interview with an Innovator: Luc Michaud

Betterific

Which is why crowdsourcing is so critical. MW: What do you do when you’re not brainstorming on Betterific? MW: What books do you recommend on ideation, creativity or innovation? LM: I look at what we value most and brainstorm as to how to improve these different aspects with this challenge: How could we save money? Brainstorming with Challenge Winners Uncategorized

Interview with Innovator Meia Geddes

Betterific

We had built Betterific as a site for ideas and wanted to test this new concept – of hosting crowdsourced idea competitions. Learn more about Meia below – she’s an author, loves to read, and sits still when she brainstorms! MW: What do you do when you’re not brainstorming on Betterific? MW: What books do you recommend on ideation, creativity or innovation? Brainstorming with

4 Ways To Invest In Your Employees’ Creativity

IdeaScale

So how do you level up the entire brainstorming capacity of your workforce? A speaker series can feature subject matter experts who are passionate about a variety of topics, including creativity, ideation, culture, innovation leadership etc. It showcases how they’re thinking about crowdsourcing and innovation as part of their daily routine. Is your organization centralized or decentralized when it comes to innovation?

Ask the Right Question: How to Generate Valuable Ideas

Planview

Here are a few ideation challenge questions that we have seen from Spigit customers recently that elicited higher than average rates of contribution and that customers felt generated actionable, valuable ideas. Ideation in this context is presented as a considered and managed process, designed to achieve a specific measurable outcome. Crowdsourcing

Four Ways to Improve Your Creative Confidence

IdeaScale

A 2017 Crowdsourced Innovation Report published by IdeaScale noted that more and more companies are embedding innovation initiatives at their organizations. I bake into my schedule each day is at least 15 minutes to walk, pray and ideate. #2 2 Brainstorm multiple uses for things: I like to look at objects and imagine how I might use it differently in a situation. So, your company is investing in innovation, but do you lack the confidence to be creative?

Ask the Right Question: How to Generate Valuable Ideas

Planview

Here are a few ideation challenge questions that we have seen from Spigit customers recently that elicited higher than average rates of contribution and that customers felt generated actionable, valuable ideas. Ideation in this context is presented as a considered and managed process, designed to achieve a specific measurable outcome. Crowdsourcing

3 Takeaways from Spigit’s Innovation Forum

Planview

Create an environment where collaboration and ideation thrive. ” 2003’s “Finding Nemo,” and 2008’s “WALL-E”) were brainstormed over a single lunch. CrowdsourcingSpigit recently hosted an Innovation Forum with global consumer goods manufacturer Li & Fung in Hong Kong. An exclusive group of innovation leaders convened for an evening of sharing best practices and in-depth discussions about innovation programs.

3 Takeaways from Spigit’s Innovation Forum

Planview

Create an environment where collaboration and ideation thrive. ” 2003’s “Finding Nemo,” and 2008’s “WALL-E”) were brainstormed over a single lunch. CrowdsourcingSpigit recently hosted an Innovation Forum with global consumer goods manufacturer Li & Fung in Hong Kong. An exclusive group of innovation leaders convened for an evening of sharing best practices and in-depth discussions about innovation programs.

Non monetary incentives

Betterific

She loves the Betterific community, finds tremendous value in the brainstorming and connection with other members and companies. With our crowdsourcing, design-thinking innovation challenges, here is the rewards that winners get: -(1) Grand prize wins between $350-500. The Betterific member suggested we endorse them on LinkedIn for Design thinking, ideation and brainstorming. We just received a wonderful email from one of our members.

4 Ways To Invest In Your Employees’ Creativity

IdeaScale

So how do you level up the entire brainstorming capacity of your workforce? A speaker series can feature subject matter experts who are passionate about a variety of topics, including creativity, ideation, culture, innovation leadership etc. It showcases how they’re thinking about crowdsourcing and innovation as part of their daily routine. Is your organization centralized or decentralized when it comes to innovation?

Four Ways to Improve Your Creative Confidence

IdeaScale

A 2017 Crowdsourced Innovation Report published by IdeaScale noted that more and more companies are embedding innovation initiatives at their organizations. I bake into my schedule each day is at least 15 minutes to walk, pray and ideate. #2 2 Brainstorm multiple uses for things: I like to look at objects and imagine how I might use it differently in a situation. So, your company is investing in innovation, but do you lack the confidence to be creative?

Questions & Answers with an Innovation Leader from Intel

Qmarkets

giving users the means to brainstorm, comment, and vote on ideas – and gamification elements – i.e, Some of these vendors also have features to accommodate advanced use-cases, such as open innovation crowdsourcing, tech scouting. “Eureka!”

Collaboration in the Time of the Coronavirus: How to Innovate Effectively During a Crisis

Qmarkets

Whatever disruptive challenges your company is facing, it is important to remember that your crowdsourcing platform can help you find a solution. With the Qmarkets platform, you can ensure that the brainstorming sessions that could result in major disruptive ideas can continue uninterrupted.~

Interview with an Innovator: Dennis G Pitcock

Betterific

Dennis is not just an ideator and a brainstormer, but he’s an entrepreneur. It’s no wonder he continually ranks at the top of our crowdsourcing competitions. See below to learn more about his startup, his hopes for Betterific and some inspiration when it comes to brainstorming on Betterific. Micha: What do you do when you’re not brainstorming on Betterific? MW: What books do you recommend on ideation, creativity or innovation?

Spotlight: Forbes

Planview

The ultimate takeaway here is that crowdsourced innovation is an invaluable tool for companies to use to future proof their businesses. When employees are given a way to log their ideas, this increases conversations, debates and brainstorming – regardless if the idea is implemented or discarded in the end. This study revealed that innovation can be a science and that the key goal is “ideation rate”— companies with a higher rate experience faster growth and higher net income.

Innovation Management: Importance, Ideas, and Examples

Acuvate

However, crowdsourcing innovation from employees can harness your organization’s creative ability besides your business growth. So why not ignite the culture of ideation among employees? Crowdsourcing innovation is slowly making its debut in the digital workplace and that too with high expectations. Encourage your employees to ideate more by rewarding the best of their innovative spirits by carving a sustainable innovation pool supporting your business initiatives.

Qmarkets CEO Shares Tips on How to Achieve Innovation ROI with Adi Mazor Kario

Qmarkets

The Qmarkets’ platform was created to allow businesses to scale innovation by reaching out to all their different stakeholders, employees, customers, and partners – their entire eco-system, and really manage the process end-to-end, with large scale online brainstorming and idea challenges”.

Popular Corporate Innovation Tools and Tactics: Which One Is Right for Your Company?

Qmarkets

Level 1: Minimum Viable Innovation – Maintaining Ideation with Basic Office Tools So you’ve decided that you want to start gathering ideas from your employees to help you fight back against your competitors – great, but where to start?

Key Takeaways from Open Nation 2017

IdeaScale

In the next few weeks, we’ll upload the presentation content from the day, which includes some great thoughts from the United States Coast Guard, IKEA, and others, but in the meantime, please enjoy some of these key takeaways that surfaced over the course of two days: Not every problem is a problem to be solved by crowdsourcing. Crowdsourcing is powerful and when you’ve had some success with it, you want to adopt it in other places, as well.

Winning Ideas and Beyond: 4 Steps to Effective Product Concept Development Workshops

Planview

Are you utilizing concept development workshops as part of your ideation processes? The reality is, most ideas that come out of crowdsourced innovation challenges are underdeveloped. Imagine if the Xerox team sat down to brainstorm the technology’s use cases and concluded that it would be foolish not to turn the technology into a consumer good. Brainstorm a desired improvement and reverse engineer it.

5 Corporate Innovation Tools and Tactics: How to Chose the Best Option for Your Company

Qmarkets

Ideation System Level 3 : Hackathons and. Here are a few of the benefits these social collaboration tools offer: Streamlined Brainstorming: Enterprise social platforms make it easy to create dedicated groups where authorized users can take part in brainstorming sessions.

Why Innovation Management is Important – 3 Key Reasons

Qmarkets

Harness Employee Expertise: Encourage employee innovation with brainstorming sessions and co-creation tasks. By using a combination of these approaches, you can help ensure that ideation at your company yields the best possible results. “Innovate or stagnate.”

DeltaModTech features Innovation Coach Robert Brands

Robert Brands

Use Crowdsourcing. At first glance, Crowdsourcing is obtaining information or input from a wide number of people. Today, Brands recommends you start any Crowdsourcing internally, to avoid security risks. From there, you can expand the Crowdsourcing to select groups of academics or business innovators. Ideate with Brainwriting. Companies typically try to “Brainstorm” new ideas. This post was originally published on the blog of DeltaModTech at [link].

An Interview with esolva: How Small Scale Innovation Can Generate Large Scale Impact

Qmarkets

We sat down with Tobias Mohrhauer, Innovation and Product Manager at esolva, to find out how they are developing new service prototypes, and discover why their ideation process – rather than number of users – has been instrumental to their innovation success.

An Interview with esolva: How Small Scale Innovation Can Generate Large Scale Impact

Qmarkets

We sat down with Tobias Mohrhauer, Innovation and Product Manager at esolva, to find out how they are developing new service prototypes, and discover why their ideation process – rather than number of users – has been instrumental to their innovation success.

An Interview with esolva: How Small Scale Innovation Can Generate Large Scale Impact

Qmarkets

We sat down with Tobias Mohrhauer, Innovation and Product Manager at esolva, to find out how they are developing new service prototypes, and discover why their ideation process – rather than number of users – has been instrumental to their innovation success.

What Is Innovation Management? – Your Top 7 Innovation FAQs Answered

Qmarkets

giving users the means to brainstorm, comment, and vote on ideas – and gamification elements – i.e, Some of these vendors also have features to accommodate advanced use-cases, such as open innovation crowdsourcing, tech scouting. You may want to take advantage of the benefits provided by innovation management software if you’re looking to: ? Create a culture that incentivizes ideation and collaboration, engages employees , and improves transparency throughout your organization ?

Innovation FAQ #1: What Is Innovation Management?

Qmarkets

While there are various frameworks for this process, they usually include management of the following areas: Ideation: Making sure ideas from internal or external stakeholders are collected, refined, and implemented efficiently. giving users the means to brainstorm, comment, and vote on ideas – and gamification elements – i.e, Some of these vendors also have features to accommodate advanced use-cases, such as open innovation crowdsourcing, tech scouting. “Eureka!”

Choosing the right innovation approach for your business

hackerearth

Ideation. Brainstorming, idea jams, live framed challenges, mind mapping, hackathons, and brain writing are examples of ideation techniques. Tools that a firm uses to initiate ideation internally can also be applied to external stakeholders. Help in the ideation phase. External agencies can help with the management of ideas and crowdsourcing from customers, employees, and other stakeholders. Startups can turn to incubators at the ideation stage.

Hackathons simplified

hackerearth

The gap between ideation and execution is huge. Accelerate innovation by bringing all the business stakeholders on a single platform to ideate, collaborate, build, and implement solutions to real-world challenges. They work with colleagues from other departments to brainstorm and design working prototypes. Hindustan Unilever Ltd: Crowdsourcing Machine Learning models to understand consumer preferences. Hackocracy: Crowdsourcing to build a better democracy.

5 Innovation Trends of 2018 that will Disrupt the Corporate Landscape in 2019

Qmarkets

Ideating On-The-Go with Mobile-Centric Technologies. Companies are beginning to realise the enormous potential of mobile-focused ideation software. designers brainstorming with post-it notes) is being rapidly replaced by digital methods. Often times, this data can be gained through crowdsourcing projects. As such, innovation leaders are increasingly turning to crowdsourcing campaigns to secure this data. 2018 has very much been a year of “epic partnerships”.

How Israel’s Oldest Bank Is Engaging Employees to Become a Leader in Banking Innovation

Qmarkets

Since deployment, the Bank has run ongoing idea challenges, engaging thousands of the bank's employees in online idea brainstorming to tackle a variety of the company's challenges. Qmarkets not only serves as our ideation management system, but also as an employee portal for all innovation-related issues. That is why the ideation platform needs to be deployed in all 230 branches we have across Israel, open to all employees.