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16 metrics for tracking Collaborative Innovation performance

Hutch Carpenter

In a recent PwC survey, 61% of CEOs said innovation was a key priority for their company ( pdf ). Innovation efforts come in a variety of forms: innovation and design labs, jobs-to-be-done analysis, corporate venturing, distributed employee experiments, open innovation, TRIZ, etc. In this post, I want to focus on another type of innovation initiative: Collaborative Innovation. Ideas matching needs of customers (incl.

Crowdsourcing: Bolstering Your Company’s Survival Kit

Planview Spigit

A company’s very survival relies not on a visionary CEO or group of executives but the collective knowledge of its employees and their ability to collaborate. The reality is, despite the spotlight that’s placed on founders, not one CEO or group of executives knows everything. New advances in technology, consumer behavioral changes, and a whole host of other factors make it difficult for one or even a handful of individuals to keep up. Crowdsourcing.

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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. Innovation management is one of the crucial contributors to digital transformation, along with a few other factors. According to 87% of business leaders, digitalization is a top priority. Digitization implies the process of converting data into digital format.

When Does Creativity Become Innovation?

KindlingApp

There’s a lot of emphasis in the idea management world on being creative—see Fast Company’s Most Creative People in Business 2015 , for example—but it’s not always obvious that being creative is only step one. Innovation requires creativity, but creativity on its own isn’t enough to move a company forward. To be truly innovative, we need to harness and structure the creativity that we already have. Innovative ideas are ideas that have an impact.

Top 10 Innovation Links for the Week of 1.8.16

Planview Spigit

Welcome to the first 2016 weekly roundup of innovation links, where we feature a carefully curated selection of our favorite content on innovation, crowdsourcing, and more from around the web. A New Blueprint for Collaborative Innovation. It’s a great “on-boarding resource” for people new to of collaborative innovation. 26 Disruptive Tech Trends for the Rest of the Decade. TEDx Berkeley: The Art of Innovation.

Top 10 Innovation Links of the Week: 12.4.15

Planview Spigit

Welcome to Spigit’s weekly roundup of innovation links, where we feature a carefully curated selection of our favorite content on innovation, crowdsourcing, and more from around the web. Lean Innovation Management – Making Corporate Innovation Work. The skinny: Steve Blank outlines how lean innovation practices can drive 10 times the number of initiatives in a fifth of the time. Innovation and the Art of Implementation.

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3 Takeaways from Spigit’s Innovation Forum

Planview Spigit

Spigit 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. Here are three innovation takeaways that grabbed our attention. Build an innovation program with employees to solve problems at scale. Innovation can be approached in many ways.

What Does an Innovator Look Like?

IdeaScale

We’ve dedicated lots of time to thinking about innovators. What their skill sets are, what traits they possess , and what the profile of innovators is globally. But we recently took a look at our own data and developed two profiles of our own: The profile for the crowd innovation administrator: Most of IdeaScale’s administrators were in their mid-thirties and at the managerial level. The post What Does an Innovator Look Like?

3 Tips for Measuring the Impact of Your Innovation Platform

Planview Spigit

When the metamorphosis includes an innovation platform, leaders are typically left to determine not only how to leverage the solution, but also how to measure its impact. Crowdsourced innovation” —the process of inspiring, collecting, and accelerating ideas from the “crowd,” such as your employees, partners, and customers, at scale—has proven to be incredibly effective. From the start, program managers should be thinking about direct financial value. Innovatio

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Spigit Advances Platform Flexibility to Support Even Wider Variety of Use Cases

Planview Spigit

Over the last 11 years, to meet those ever-changing needs, we’ve seen crowdsourced innovation evolve into a key component in corporate strategies. Companies are leveraging crowdsourced innovation to achieve a number of business goals, including: Creating a culture of innovation. Eliminating silos and creating more collaboration. Engagement in an innovation program is crucial for success.

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.

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.

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. Considering how difficult it is to achieve this perfection, we strive for an equally worthy goal of continuous improvement—to generate economic growth that is socially inclusive. What is inclusive innovation? Here, the excluded groups are both producers and customers of innovations. Innovation Management