Idea management – driving workforce empowerment and bottom-up innovation

Wazoku

Idea management cultivates engagement and innovation, a process that drives bottom-up innovation by empowering employees. The ideas are generated by employees, who are supported by entrepreneurial leadership and a culture that fosters and encourages such creativity. They introduced Idea Spotlight across all 350 Waitrose stores. 60,000 employees were engaged, resulting in ideas (approximately 100 were submitted every month) that realised total savings of £3.5M

Top 10 Features To Look in Any Idea Management Software

Acuvate

Innovative Ideas are universal. Too often, great ideas are left unsaid or not recognized. So, there arises a question – how to manage the influx of best innovative ideas that are unfolding inside your organization. Using an idea management software to capture the idea pool emerging out of your organization is a key solution to ensure all your ideas are captured, identified, collaborated and evaluated. Gamified Collaboration.

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35 Ways to Use Idea Management Software to Drive Business Results

The Future Shapers

Getting the best out of your idea management system (IMS) requires some planning and know-how, and a well thought through approach will definitely yield above average ROI. So, if you’re not sure where to start with idea management, asking your employees how they’d improve the current processes related to their own work is a brilliant way to do that. Every company with products also knows that there are far more ideas for improvement than can be implemented.

What Is Idea Management Anyway?

HunchBuzz

Her work had asked her, and her colleagues, to come up with some new ideas towards a project they had commissioned. When I mentioned ‘Idea Management’ to her, her eyes went blank. Yet Idea Management is something that shouldn’t be ignored, as any idea is the raw material for innovation if you allow it to be. So what is Idea Management? The idea itself. The suggestion box provided a platform to get ideas, but not to evolve them.

SNP Case Study Highlights Plan for Creating an Integrated, Global Workforce

IdeaScale

It helps leaders collaborate to drive change and promote growth. . Here’s how one company developed a future-forward plan to integrate its disparate brands through idea-sharing. This plan utilized the collective intelligence of everyone involved and relied on idea-sharing to succeed.

What Can We Learn About Crowdsourcing in a Pandemic from NASA?

InnovationManagement

Collaborative Innovation Idea Management case study communication strategy Crowdsourcing NASAWhen COVID-19 shut down the United States in 2020, everyone wanted to be a part of the solution.

The 3 Benefits Of Using Idea Management Software

HunchBuzz

Why use Idea Management Software? Idea Management can often seem like a big concept, with many definitions on what it actually is, and how it works spanning the internet. Companies often determine what Idea Management is to them and how it helps their strategy, but more often than not, Idea Management can be pushed aside and ignored. Idea Management is more than just a concept, it is the beginning to greater success for your company.

Creating Physical Workspaces For Collaboration and Ideas

HunchBuzz

A lot of people have heard of ‘creative’ workplaces, such as Pixar and Google, that boast exciting work environments for collaboration that stimulate their employees. These places are known for not only their quirky work area, but for the collaborative team environments that come from them and the happiness it evokes in employees. Yet what a lot of people don’t recognise, is that the space in which you collaborate, helps you innovate.

Avoiding Groupthink and Empowering Introverts

IdeaScale

When brainstorming and collaborative ideation happens in a physical location, it trends towards polite agreement or staying with the ideas that occur in that small frame of time and receive the most group consensus. When you invite everyone to do their homework ahead of time and share ideas on their own, you sidestep the problem of ideas that gain the most immediate traction by the loudest voices. Ideas come first, consensus can come later.

Spotless: An Innovation Roadmap

InnovationManagement

Bridie Scott is an Innovation Manager at Spotless and she’s taken the business on a journey from a large-scale company with big goals to a company that is listening to and empowering all of their frontline employees in the innovation process. The post Spotless: An Innovation Roadmap appeared first on Innovation Management.

One Weird Thing About Customer Satisfaction

IdeaScale

Banchile Inversiones, a Chilean management company that provides one of the largest mutual funds markets and stock brokerage businesses in the country, has firsthand experience with this phenomenon of employee feedback to improve customer satisfaction. In an effort to continue to gather great ideas, and to ensure that employees felt heard, Banchile started using IdeaScale. In addition to this internal marketing approach, the team also responded to every idea that was put forth.

Innovate, Adapt, Overcome: How to Beat a Recession with Idea Management & Continuous Improvement

Qmarkets

Businesses looking to discover how to beat a recession with idea management and continuous improvement would also do well to adopt it. During the 2008 financial meltdown, the coffee shop giant launched its “My Starbucks Idea” platform.

Top 9 Actionable Employee Engagement Ideas and Activities

Acuvate

A recent Gallup study found that organizations with high employee engagement rates are 21% more productive. Here are some of the employee engagement ideas and activities you need to put into place today for better employee engagement. 9 Actionable Employee Engagement Ideas & Activities. Employees can utilize 5-10% of their time on innovation and focus on an idea until they demonstrate the impact.

Innovation Management: Importance, Ideas, and Examples

Acuvate

In less than a decade, innovation management got recognized as one of the most powerful strategies an organization can use to streamline internal processes and boost their business productivity. Forrester also claims that 53% of global services decision-makers are investing in emerging innovation and idea management technologies to drive innovation. What is innovation management? Importance of innovation management. Ideas for successful innovation management.

Can We Have One of These? A Product Innovation Platform

Paul Hobcraft

Recently I was exploring the world of Product Lifecycle Management (PLM) and read an excellent Whitepaper from Aras Corp , one of the leading PLM solution providers. We still break it up into separate parts, dealing with the pre-ideas stage, collecting insights, the idea management, then into a pipeline or portfolio system, that all has so such manual and siloed approaches built into this. The whole momentum of collaboration becomes accelerated.

The Need for Digital Innovation Platforms

Paul Hobcraft

Can we manage innovation the way many still are? In the quote from Roland Berger “ complexity, manifests itself in the demand for a wider variety of specialized products across multiple manufacturing industries ” To deliver on this “digital innovation” without a doubt, the whole process of our innovation management has to be digitally connected up, to manage this from concept through to product end of life.

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Building the Single Innovation Digital Platform Environment

Paul Hobcraft

Throughout the past couple of years, I have been constantly arguing about the need to put innovation management on a digital platform. What if you could manage your innovation in the ways shown in this diagram? The argument about what any innovation management system provides goes on and on and still, we seem not to be at the universal acceptance point that an innovation management process is critical and needs a better system of management.

Report 157

The 10 Commandments of Effective Brainstorming

Gregg Fraley

The Sins That Ruin Idea Generation. ” Well, you bother because you need ideas. There have been many studies of brainstorming and articles written. Many of these studies start with an outdated notion of what brainstorming is, and usually don’t study real working teams.

Millennial Engagement in the workplace: 4 Actionable Tips

Acuvate

Prefer a culture of open collaboration. According to Deloitte’s Third Annual Millennial Study , 80 percent of Millennials view business innovation as positively impacting society and providing a launch pad for new ideas. Introducing an idea management software into your workplace offers a creative platform to capture ideas from your employees and streamlines the process of innovation management. 2.Implement ongoing collaborative training.

The Impact of Stress on Innovation

IdeaScale

After all, a stressed workforce can greatly impact innovation; causing employees to miss work and lack motivation when it comes to devising and implementing new ideas. Can you imagine trying to come up with innovative ideas whilst experiencing all of these symptoms? In order for companies to continue developing innovative ideas, this stress epidemic should not be underestimated. The end result of idea management platforms on employee stress is impressive.

Idea Software: A Quick Guide to the Power of Idea and Innovation Management

Qmarkets

Yet, innovation doesn’t just happen, it starts with ideas. Ideas can result in new revenue streams, product improvements, enhanced employee engagement, and more. Here ideas can then be developed for implementation and managed on the platform.

Diversity and Innovation: Benefiting from a Corporate Culture of Inclusion

Qmarkets

Diversity also leads to economic growth, and according to a study from Brown University “the interplay between cultural assimilation and cultural diffusion have played a significant role in giving rise to differential patterns of economic development across the globe.”

Unilever: Making Sustainable Living a Reality Through Global Collaboration

Planview

If you’re a company like Unilever, you collaborate with a community that’s spread across the world – from employees to entrepreneurs. To bring their vision to life, in 2014 they created the Unilever Foundry to collaborate with individuals, startups, and other organizations that believe in sustainability. To expand upon this idea, Unilever unveiled the Foundry IDEAS platform in 2015. Global collaboration leads to meaningful solutions.

Is Innovation in pharma broken?

The Future Shapers

For an industry which, historically speaking, is closely connected to the idea of growth through innovation it comes as a big surprise to find that only one of the ten big pharma companies is in the top 20. Oversimplifying, R&D can be viewed as the process of converting financial resources into ideas and technologies, while innovation is the process of converting ideas and technologies back into money through business modelling and experimentation.

How strong is your corporate culture?

Ideanote

A guide to employee retention through Idea Management. Reading this article gives you an idea of what employees look for in a job. It also gives you insight into how to offer them what they want through front-end idea management. Most managers or HR representants already have an idea about the basic practices on retaining employees. Lack of communication between management and employees. Allow them to be creative and listen to their ideas.

Top 10 Innovation Links of the Week: 11.13.15

Planview

The skinny: Renowned innovation leader, management expert, and founder of Strategos Gary Hamel explains which essential parts of the innovation engine you’re probably forgetting. Who it’s from: Innovation Management. The skinny: After conducting a multi-year study, Ehsan Ehsani unearthed these 10 best practices to make your crowdsourcing initiatives successful.

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Questions & Answers with an Innovation Management Leader from Intel

Qmarkets

Eventually we decided to do it in a more managed way and decided that we need a dedicated tool to help us achieve it. How many people are on the team managing these innovation efforts? If so, who evaluates these non-campaign ideas? Implementing & Analyzing Ideas.

Public Innovation Training, NW Indiana

Gregg Fraley

Gregg Fraley Innovation (GFi) and The Society of Innovators at Purdue Northwest Collaborate on Public Training Seminar. The speakers provide three different perspectives on innovation: theory of the “how to” from Gregg Fraley, real world case studies by local manufacturer Earl Miller, and the role of innovative leadership from Sheila Matias. A neutral ground to network and exchange ideas. Public Training Offering — Getting Innovation Started.

Innovation Training Under Utilized

Gregg Fraley

94% of managers are unsatisfied with their companies innovation performance. When I step into a room to facilitate a strategy, innovation, or idea generation session I usually find a great deal of energy. Inappropriate meeting behavior that shuts down others, hosing collaborative work. Teams and work groups don’t know how to be collaborative. Maybe that’s one reason why 94% of managers are unsatisfied with innovation performance?

Top 8 Digital Workplace Trends for 2019

Acuvate

New digital technologies have improved the way we analyze data, collaborate with employees, communicate and make decisions. A recent Accenture study revealed that four in five executives (79%) agree that organisations are basing their most critical systems and strategies on data, yet many haven’t invested in the capabilities to verify the truth within it. Read More: 6 Tips for Developing a Powerful Knowledge Management Strategy. Idea Management Software – Wave.

How a South African Consulting Firm is Drawing on New and Old Innovation Best Practices

IdeaScale

It draws on existing principles and new ideas to effect positive change. Successful innovation requires strategic planning and idea management. In the latest episode of the Idea Nation podcast, hear how one South African company’s past innovations inform their present and future.

What is Innovation Software?

eZassi

The main goal of this software is to help enterprise level businesses generate and evaluate ideas so that innovation can be cultivated and implemented. The software serves as an important tool that facilitates collaboration while also providing an organized selection process that pushes the best ideas forward without getting bogged down by big data. Various functionalities are also meant to improve communication, collaboration and brainstorming. Idea Capture.

Three innovative ideas leading towards greener Denmark

Ideanote

EcoXpac in collaboration with DTU has developed a new molding method previously only done at laboratory level. The original idea behind the Free meal initiative was to boost guest`s health and shrink their carbon footprint. Saving time, money and resources – the idea behind Vigga`s business idea is simple. Innovative ideas in retail to help circular economy. The numbers behind the idea.

6 Building Blocks for Innovation Department Success

IdeaScale

Furthermore, a defined innovation process helps ensure that the best ideas are pursued and not accidentally forgotten. In fact, a study by MIT and Carnegie Mellon found that teams where people’s contributions are more evenly distributed significantly outperform teams dominated by one or two loud voices. Allocating specific times for team members to work on ideas and projects promotes actual results. Big ideas happen in a climate of psychological safety.

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Diversity and Innovation: Benefiting from a Corporate Culture of Inclusion

Qmarkets

Diversity also leads to economic growth, and according to a study from Brown University “the interplay between cultural assimilation and cultural diffusion have played a significant role in giving rise to differential patterns of economic development across the globe.”

Idea Software: A Quick Guide to the Power of Idea and Innovation Management

Qmarkets

Yet, innovation doesn’t just happen, it starts with ideas. Ideas can result in new revenue streams, product improvements, enhanced employee engagement, and more. Below is a summary of each stage of idea management software workflow: 1.

Innovation and Organizational Culture

Tim Kastelle

After studying innovation among 759 companies based in 17 major markets, Gerard J. In a more up-to-date sense, this balance also comprises collaborating with external partners, e.g. teaming up between multinational corporations and startups or small companies. Good experimentation helps firms better manage myriad sources of uncertainty when past experience can be limiting. The made suggestions are supported by BCG’s study outcomes.

PwC releases the latest Innovation Benchmark Report

Idea Drop

This is because it helps to align innovation and business strategies, facilitates access to new ideas and talent, enables people to fail faster and bring new innovations to market quicker. Stakeholder collaboration and cross-departmental cooperation are key to aligning business with innovation. “We Involving customers, suppliers and partners is just as important as internal collaboration and is quickly replacing the more traditional R&D model.

3 Unexpected Benefits of employing an Innovation Management initiative

Qmarkets

Organisations are now choosing to adopt idea management systems for a number of reasons, from process improvement and incremental innovation to radical and open innovation. One of the most obviously convincing reasons is that the ROI can be upwards of 100,000%, however this blog entry will focus on some of the less obvious benefits to Innovation Management that might never have occurred to you. The second idea which is central to engagement is ‘gamification’.

3 Unexpected Benefits of employing an Innovation Management initiative

Qmarkets

Organisations are now choosing to adopt idea management systems for a number of reasons, from process improvement and incremental innovation to radical and open innovation. One of the most obviously convincing reasons is that the ROI can be upwards of 100,000%, however this blog entry will focus on some of the less obvious benefits to Innovation Management that might never have occurred to you. The second idea which is central to engagement is ‘gamification’.

What is innovation? 15 experts share their innovation definition

Idea to Value

Its own definition is pretty much useless: “the action or process of innovating” Using the traditional sources for a definition such as the Oxford dictionary also doesn’t help much, with their answer being “Make changes in something established, especially by introducing new methods, ideas, or products” So I contacted a selection of my fellow innovation experts to see how they talk about innovation with their clients, and compiled the results for you here.

Expert Q&A: Michael Stilger on Performance Excellence and the Continuous Improvement Process

Qmarkets

Qmarkets' SVP of Global Solutions, Michael Stilger, will be leading an innovation ideas session at the 2016 Business Performance Excellence summit , San Francisco, at 17:00 on the 27th of September. Qmarkets' Senior VP Michael Stilger has a unique understanding of how to successfully implement innovation strategies and optimize idea management, based on his experience as a senior innovation manager in large global firms as well as startup companies.

3 Innovative Projects with Ideanote to Get '19 Started

Ideanote

Open innovation, idea management platform, employee motivation tool – the possibilities are, if not endless, then at least plenty. 1: Transform Your Customer Experience Why not collect customer and partner ideas for how to transform your services? In short, capturing more and better ideas gets the job done faster. 2: Break Down Silos Do you experience symptoms like limited collaboration, information blockages or lack of alignment? 3 More people = More ideas.