article thumbnail

Idea challenges: Giving a Voice to New Business Opportunities

Imaginatik

Engagement programs are a valuable path to change that dynamic. At Imaginatik, we have developed eight sustainable strategic processes to achieve engaging in ideas and taking them beyond idea to action. How many ideas fluctuate within your organization without enriching your portfolio or becoming business projects?

article thumbnail

The Innovation 'Function'

Imaginatik

At Imaginatik, we call this the “fluff and magic” vision of innovation where value can only be created by anointed innovation/design Shamans toiling in exposed brick and beam lab/temples. An innovation culture matures when all stakeholders take an active and ongoing role in developing positive change. Things happen.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Part 1: Accelerating the impact of Innovation Campaigns

Values Centered Innovation

One thing has changed in the past 10 years: innovation has evolved from being “ a ” core driver to now being “ the ” core driver. CEOs also see the necessity for, and perhaps the inevitability of large-scale, transformative change in just about every facet of their companies. 50% are currently attempting to change their culture.

article thumbnail

Crowdsourcing Innovation Valuation: an off-label use of innovation management technologies

Imaginatik

Here is where crowdsourcing comes in. Given the multitude of possible failure points and dependencies, therein lies the need for a new approach: crowdsourcing. Because crowdsourcing accommodates a very large amount of success/failure scenarios to estimate when the innovation program reaches commercial viability.

article thumbnail

The Four Types of Innovation Metrics

Imaginatik

For example, innovation is also leveraged to drive culture change – but how is that really being measured and monitored? Many programs begin simply, by crowdsourcing ideas and executing on projects. Activities Mix – securing the future. Expanding the activities mix is pivotal as innovation evolves into a mature function.