article thumbnail

Where will Innovation Management Software go?

Paul Hobcraft

Where will Innovation Management Software go? This morning I decided to have a chat on ChatGPT on the future of Innovation Management Software, I asked a number of questions in a short series and can well-relate to the answers provided incredibly quickly.

Software 161
article thumbnail

How to Build YOUR Best Innovation Process

InnovationManagement

How might we build a more efficient or effective innovation process? The post How to Build YOUR Best Innovation Process appeared first on Innovation Management. Collaborative Innovation Strategies

Insiders

Sign Up for our Newsletter

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

article thumbnail

Five Perspectives of Innovation Management Maturity

InnovationManagement

The success of innovation management is never an accident; it’s a holistic management process with an iterative thought-out planning and execution continuum. The post Five Perspectives of Innovation Management Maturity appeared first on Innovation Management.

article thumbnail

We Require A Shift of Innovation Management Solution Providers

Paul Hobcraft

There is still a real reluctance that the supplier of innovation software solutions has to change. I think with the recognition that innovation occurs across the whole organization the innovation management (IM) providers have to radically alter their business model or recognize they need to broaden out their target market inside organizations as innovation is occurring in all corners of the organization today.

article thumbnail

Innovation Management Software: Connect Creativity and Collaboration

Planview

Ideation + Delivery = Innovation. We have heard it time and again…Somewhere between the birth of an idea and the delivery phase, innovation slows or becomes nonexistent. Which is why “Innovation is rewarded but execution is worshipped!” While most innovation management software makes it possible for teams and organizations to gather and iterate on ideas, the question you must ask is, how do you ensure the best ideas become reality? Celebrate innovation success.

article thumbnail

6 Lessons from Our 2018 Innovation Management Award Winners

IdeaScale

IdeaScale recently announced the winners of our 2018 Innovation Management Awards. Queensland Police Service was recognized for Best Engagement Strategy, Covia won the award for Best Innovation Process, and the Transportation Research Board won for Best Innovation. The company’s old idea generation process was manual and organized according to department. Progression of ideas was a manual and intensive process that was slow and inefficient.

article thumbnail

Getting Started with Innovation Management

Strategos

What is Innovation Management? Innovation Management involves all activities that provide the right conditions for innovation to repeatedly deliver value for customers, competitive advantage and growth for the business as well as benefits for employees and all other stakeholders. Innovation management needs to become a professional discipline. Innovation needs to be on that same trajectory to provide significant value for a business.

article thumbnail

Deadline for the 2018 Innovation Management Awards Extended

IdeaScale

IdeaScale is offering innovators from around the world an extra week to complete their submission for the Innovation Management Awards. This is our fifth annual award series and we honor winners in three categories: best innovation engagement strategy, best innovation process, and best innovation. Process. A repeatable innovation process is what makes an organization shift to an innovative culture.

article thumbnail

10 Most Popular Innovation Management Questions

PlanBox Innovation

This article originally appeared on Innovation Leader. Launching an innovation management system does not have to be guesswork, and it is a lot easier than most organizations imagine it to be. Innovation is not a destination, it is rather a state of mind.

article thumbnail

Key Issues in Innovation Management – Revisited – Part 1

Tim Kastelle

At the beginning of 2013, Tim Kastelle and I identified four key issues in innovation management for the time to come. From our point of view, all of the issues pinned down at that time have gained significant importance, are being intensively debated and can still be considered cutting-edge for companies to stay ahead in managing innovation. Let’s have a brief look at each of them: Differentiating and integrative innovation concepts.

article thumbnail

SCERL: The Ultimate Innovation Management Cheat Sheet

Planview

What of the innovation management practitioner? The Ultimate Cheat Sheet for Innovation Management. The innovation practitioner scores each factor a 2, 1, or 0. Potential of ideas/ innovations vetted/ tested. Innovators left to their own devices. Growing commitment and ownership of the innovation process and outcomes. Reality jibes well with the chestnut, “What gets measured gets managed.”.

article thumbnail

The Forrester Wave™: Innovation Management Platforms, Q1 2020

Wazoku

Forrester Reveals The 13 Most Significant providers in Innovation Management “Wazoku has a differentiating vision for idea sharing and innovation collaboration.” About Wazoku Wazoku is your one stop shop for Open Innovation & Idea Management software and services.

article thumbnail

The 7 Innovation Management Success Factors at Barenbrug Group

Qmarkets

In our last blog for Qmarkets we introduced you to the concept of Three Horizons and explained how this methodology can help you create a balanced long-term innovation portfolio. In the last piece we shared 7 critical success factors for a three-horizons approach to innovation management.

Groups 52
article thumbnail

Qmarkets and RevelX Launch Partnership to Offer Combined Innovation Management Software & Consultancy Services

Qmarkets

A new partnership between Amsterdam-based growth specialists RevelX and Qmarkets will drive strategic innovation and growth for their joint clients. Established in 2014, RevelX helps organizations to realize innovative growth.

article thumbnail

Qmarkets and RevelX Launch Partnership to Offer Combined Innovation Management Software & Consultancy Services

Qmarkets

A new partnership between Amsterdam-based growth specialists RevelX and Qmarkets will drive strategic innovation and growth for their joint clients. Established in 2014, RevelX helps organizations to realize innovative growth.

article thumbnail

Questions & Answers with an Innovation Management Leader from Intel

Qmarkets

Last month we hosted a webinar with Viki Almog-Ayzenberg from Intel on the topic of Scaling Innovation Success. This insight-packed session told the story of Intel’s experience implementing a decentralized approach to innovation across various business units at the company.

Report 52
article thumbnail

How Innovation Management Contributes to The Success of Digital Transformation

Acuvate

Innovation management is one of the crucial contributors to digital transformation, along with a few other factors. Digital innovation is driving increasing interconnection, giving unprecedented access to capabilities, resources and talent on a global scale. Digitization implies the process of converting data into digital format. The process of formulating new business applications that assimilate this digitalized data is called digital transformation.

article thumbnail

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 the innovation appetite of the organization.

article thumbnail

The importance of innovation management in digital transformation

hackerearth

One of the vital contributors to digital transformation, along with a few other factors, is innovation management. “It The process of creating new business applications that assimilate this digitized and digitalized data is called digital transformation. In all of these applications, innovation is the buzzword. How innovation management enables digital transformation. Innovation Management

article thumbnail

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.

Roadmap 69
article thumbnail

When Sharing is Caring and Also Profiting: Open innovation

Open Innovation

article thumbnail

Innovation is a Lifestyle, Not a Bunch of Metrics

Innovation Excellence

Far too many supposed innovation experts believe that measuring activities is critical to success. Innovation activities simply for the sake of doing something without context and insight from the measure may be in fact very misleading. Maybe. Maybe not so much. At least for the big stuff.

article thumbnail

How law firms can benefit from innovation management platform

Idea Drop

We are beginning to see more diversity in structure across the industry and this has brought innovation into the spotlight. Recent reports which have been released reveal an awareness of the necessity to embrace innovation but a reluctance to be the first to take the corresponding steps. In this post we discuss the current state of innovation in the legal sector and how law firms can benefit from an innovation strategy supported by idea management software.

article thumbnail

Drive Innovation by Disrupting the Existing Management Norms

InnovationManagement

To stay on top, established organisations need to stimulate innovation. The post Drive Innovation by Disrupting the Existing Management Norms appeared first on Innovation Management. Before being acquired by Facebook for US$1 billion, Instagram was just another photo-sharing app operating with insignificant infrastructure and a dozen employees.

article thumbnail

Assessing and Ranking Competing Projects and Opportunities

Wellspring

Oftentimes in large organizations and F500 companies, innovation and R&D are treated like a shared service, with the majority of initiatives originating from outside the function. Other business units and product lines, inspired after an ideation session or hackathon, come to the innovation team with an idea to explore. This engagement and collaboration allows the innovation function to stay close to strategic initiatives and high-level, vital projects.

Project 70
article thumbnail

Everything you need to know about innovation management software

hackerearth

Although enterprise collaboration software market has been around for over 20 years, innovation management software is a specialized segment that helps companies guide and support their innovation process. With the right tool, the idea generation, implementation and evaluation, and market tracking phases can be managed to create successful business outcomes. What is innovation management software (IMS)? Poor innovation implementation.

article thumbnail

The importance of innovation management in digital transformation

hackerearth

One of the vital contributors to digital transformation, along with a few other factors, is innovation management. “It The process of creating new business applications that assimilate this digitized and digitalized data is called digital transformation. In all of these applications, innovation is the buzzword. How innovation management enables digital transformation. Innovation Management

article thumbnail

If you don’t know what to do, you may be on the right track!

Innovation Excellence

Build Capability collaboration Customers Innovation Management marketing People & Skills ideas innovation process new product development NPD PrototypeWhat would you do if.You had to push through your fear of being judged? If you had to break some rules to get an idea off the ground? If you had a concept that would displace your most successful product?

article thumbnail

The Growing Value in that Crowd- Encourage it Out.

Paul Hobcraft

After a fairly detailed exploratory working through crowdsourcing in this mini-series, I wanted to offer my ‘take’, to help our thinking though in formulating clearer positions in this, to see its increasing value as contributing into an innovation management system. Crowdsourcing does offer increasing value as a contributor into our innovation management system. It offers an exciting future, managed well.

article thumbnail

The Growing Value in that Crowd- Encourage it Out.

Paul Hobcraft

After a fairly detailed exploratory working through crowdsourcing in this mini-series, I wanted to offer my ‘take’, to help our thinking though in formulating clearer positions in this, to see its increasing value as contributing into an innovation management system. Crowdsourcing does offer increasing value as a contributor into our innovation management system. It offers an exciting future, managed well.

article thumbnail

Innovation management software: Everything you need to know

hackerearth

Although the enterprise collaboration software market has been around for over 20 years, innovation management software is a specialized segment that helps companies guide and support their innovation process. With the right tool, the idea generation, implementation and evaluation, and market tracking phases can be managed to create successful business outcomes. What is innovation management software (IMS)? Poor innovation implementation.

Roadmap 40
article thumbnail

3 Character Traits of a Good Innovation Manager

Rmukesh Gupta

Premise: Almost every CEO that i meet wants to find out a way to out-innovate their competition. They want to innovate to improve their profits. They want to innovate so that they can help their customers innovate. And in the same breath, they also say that almost all their innovation projects are either struggling to take off or have not yielded the kind of results that looked possible. They need to persuade their peers to collaborate with their teams.

article thumbnail

What is innovation management and why your organization needs it

hackerearth

Understanding Innovation Management. Is it a lack of innovation or an inability to cope with change? Either way, businesses need to identify where they are going wrong because innovation as a business strategy is here to stay. For survival, innovation is almost obligatory (Drucker, 1999). An innovation process “connects upstream idea valuation to downstream production and release to market.” Like any business function, innovation can be managed.

article thumbnail

What is innovation management and why your organization needs it

hackerearth

Understanding Innovation Management. Is it a lack of innovation or an inability to cope with change? Either way, businesses need to identify where they are going wrong because innovation as a business strategy is here to stay. For survival, innovation is almost obligatory (Drucker, 1999). An innovation process “connects upstream idea valuation to downstream production and release to market.” Like any business function, innovation can be managed.

article thumbnail

The Winning Formula – The Advantages of Combining Higher Education and Innovation Management

Qmarkets

As such, it would be natural to regard both education and innovation as mutually compatible. It's surprising, therefore, that many academic institutions still lag when it comes to implementing well-structured innovation processes. This is just a short list of some of the greatest innovations that have been made within institutions of higher education. Innovation Managed. Open Innovation.

article thumbnail

What is Total Innovation Management? Achieving Excellence from Idea Generation to Implementation

Qmarkets

To maximize the ROI of your innovation initiatives, it’s vital to gain input from as many sources as possible and ensure all departments take part in a culture of ideation. So, what is total innovation management? The post What is Total Innovation Management?

article thumbnail

What’s the Best Idea Criteria for Innovation Programs?

InnovationManagement

Some people are looking for financial predictions, some people want to know how an idea measures up to their organizational objectives, but everyone is looking for the perfect set of criteria so that they can evaluate ideas at some point during the innovation process and validate them.

article thumbnail

12 Types of Innovation You Should Know in 2021

IdeaScale

What are the different types of innovation? With so many types of innovation and even more definitions, it can be confusing to discuss innovation in your organization. Open Innovation. It is innovation by sharing both the risks and rewards of new research.

article thumbnail

Idea Generation Process: The Various Approaches to Gathering & Implementing Employee Ideas

Qmarkets

Employee ideas are the backbone of any corporate innovation initiative, and therefore a strong idea generation process that can be scaled across your organization is key. Submission Arguably the submission phase is the most important step of the process.

article thumbnail

Helping discover your innovation pathway

Paul Hobcraft

You need to discover your innovation pathway. I started posting my thoughts on innovation in August 2010. This is a post about the sources of my knowledge that feeds my innovation passion. I have doubled down on innovation more to prompt others.

article thumbnail

How to Move from Process Improvement to Innovation

IdeaScale

There’s absolutely nothing wrong with process improvement, but it isn’t the same thing as process innovation. In some ways, innovation is about going “back to the drawing board.”. Process improvement is about making an existing process better, and there’s no reason not to do this when the opportunity presents itself. Process innovation is a little riskier than process improvement, and that may discourage some organizations from tackling it.

How To 191
article thumbnail

How to Speed Up Your New Product Development Process by 30%

Innovation 360 Group

A new product development process that works at lightning speed requires new ways of working plus new ways of innovating. The fastest growing companies interpret innovation through multiple lenses. Linking innovation horizons to time (e.g.,

article thumbnail

So CX + DX needs IX for the transformations we need

Paul Hobcraft

BCG suggests that nine out of ten companies in their recent survey for the report “The Most Innovative Companies 2019” are investing in AI. BCG also suggests that 30% of those surveyed believe AI will have the greatest impact of any innovation area on their industry over the next three to five years. It is our technology being applied through new approaches that are galvanizing the new potential within innovation. We need digital innovation.

Industry 178