IdeaScale

JANUARY 23, 2019

While this does occasionally happen, more often than not any great innovation is the result of people drawing from those around them for ideas and inspiration. Here are a few examples of companies that set the “lone inventor on a hill” myth aside in favor of real innovation with the help of IdeaScale. Citrix is all about access.

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Product Innovation Examples Crowdsourcing Innovation 113

Paul Hobcraft

OCTOBER 11, 2018

What is clear anyone that does develop a fully integrated platform designed for innovation will certainly disrupt the current way products are managed. We can actually get into true lifecycle management across not just one business but within collaborations across functions, companies, and entire ecosystems, to contribute.

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Viima

JUNE 16, 2021

People talk about product innovation every day without even realizing it. Whether they refer to their smartwatch and its latest features, the top performing cars or the latest app that helps them unwind, they bring up product innovation. But what makes these products innovative – and why are 95 of new products failing ?

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IdeaScale

OCTOBER 30, 2019

For example, Lay’s regularly runs the “Do Us A Flavor” competition, wherein the company taps the internet for new potato chip flavor ideas. The company is fully aware that the vast majority of suggestions will be less than serious; one notable flavor was “Toothpaste and Orange Juice.” Join our newsletter !

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IdeaScale

FEBRUARY 7, 2019

Encouraging innovation will be a constant part of any executive’s time in the C-suite. Innovation is the lifeblood of any company, and in leading by example and encouraging it where you can find it, you’ll build a stronger organization.

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IdeaScale

JUNE 22, 2017

After 69 years of growth, Dick’s is a great company ripe for crowdsourcing and they launched their first company-wide ideation platform last year. But how do we know that a company like Dick’s is a good fit for crowdsourcing? Well, here are a few qualities that make a company more likely to succeed in a crowdsourcing effort.

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Jeffrey Phillips

JANUARY 10, 2017

So, after over a decade of innovation consulting, I can say without doubt that companies that are just starting to innovate have it much better than those that were attempting it years ago. That's because as more companies try more innovation, more tools are vetted, more methods explored and exposed.

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Sopheon

NOVEMBER 23, 2022

Last week, Sopheon took part in the Inspire Innovation Conference in Orlando, hosted by PDMA — Product Development & Management Association — a global association of innovation management professionals. It was an insightful four days packed with exploring all the best strategies for improving new product innovations.

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IdeaScale

JUNE 22, 2017

After 69 years of growth, Dick’s is a great company ripe for crowdsourcing and they launched their first company-wide ideation platform last year. But how do we know that a company like Dick’s is a good fit for crowdsourcing? Well, here are a few qualities that make a company more likely to succeed in a crowdsourcing effort.

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Jeffrey Phillips

SEPTEMBER 27, 2021

Over time, as innovation has matured somewhat, many innovation consultants began to reference Doblin's Ten Types model. This is a great mode that I constantly refer back to with my clients, to convince them to think about innovation beyond product innovation. Product innovation is of course necessary for survival.

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IdeaScale

APRIL 14, 2021

Open innovation is the concept that, in a world of mass-distributed knowledge, firms can and should partner with others to advance their goals. It is innovation by sharing both the risks and rewards of new research. Social Innovation. Product Innovation. It’s the most common form of innovation. .

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Innov8rs

APRIL 17, 2024

It's a nuanced process that involves balancing an organization’s aspirations for groundbreaking innovations with the practicalities of the bottom line. It’s a classic case of the innovation dilemma: balancing the need for innovation with the limitations of available resources.

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mjvinnovation

NOVEMBER 12, 2020

For many companies, innovation means taking products and services and changing them in detail: color, shape, features, size, etc. However, this form of incremental innovation alone does not work anymore in many markets. Besides, due to digital transformation, companies also need to develop more digital business models.

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Idea to Value

JUNE 11, 2020

We speak about what it takes to run successful workshops, his experiences with companies who are failing at innovation, and how to successfully develop digital products. 00:01:30 – How User Experience (UX) led Jonathan on his journey to starting his company. Topics covered in today’s episode.

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Acuvate

JANUARY 24, 2019

In such a crowded marketplace, it is crucial for companies to stay relevant and grow year on year to be able to tap into higher market shares. As for your business model, being on the lookout for new ways to refine and enhance internal processes or employing new channels to sell product through. Presence in Multiple Channels.

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Jeffrey Phillips

JANUARY 14, 2021

That action may be creating a new product, or developing a new channel or business model. Of course, innovation can span a range of impacts and outcomes, from very incremental product innovation to industry changing business model innovation. Innovation is an action, but it is not often a plan or policy.

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IdeaScale

APRIL 20, 2021

Product innovation moves companies forward. Business leaders constantly work to define new trends and increase the time it takes to get products out to customers. Here’s how one company developed a future-forward plan to integrate its disparate brands through idea-sharing. W ho is SNP?

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Qmarkets

MARCH 27, 2024

Every successful company has one thing in common: a deep-seated commitment to innovation. Innovation isn’t just about the next big idea; it’s a multifaceted strategy that businesses employ to navigate through the twists and turns of today’s dynamic markets.

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Innovation Excellence

AUGUST 3, 2017

I love hearing how companies are creating successful products that provide customers value, which is the topic of this episode. Gordon Stannis, the Director of Design and Strategy at Twisthink shares their approach to developing innovative solutions for their Fortune 500 clients.

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IdeaScale

NOVEMBER 5, 2019

Crowdsourcing is a favored method of gathering data for product innovation. Companies use crowdsourcing for product innovation and focus groups for market research to gather the most relevant and useful data. Could using one or both of these methods of data collection be helpful to your company?

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The Human Factor

NOVEMBER 4, 2020

Indeed, to thrive, you need to have knowledge and understanding of many things, including the market in which your business operates, financial management, product innovation and development, as well as marketing and advertising. .

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Jeffrey Phillips

JANUARY 7, 2019

Many corporations, especially those managing or collecting data or acting as a platform are using innovation to enrich themselves rather than their customers. Customers want companies to innovate, but customers expect to benefit from the innovation, rather than being taken advantage of. Can big business really innovate?

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IdeaScale

SEPTEMBER 12, 2018

Some companies have an innovation strategy. Some companies have a digital transformation strategy. Innovation. Innovation is the introduction of any significant, positive change. This can be changes in public policy, small improvements to a company’s processes, totally new, disruptive product offerings, and more.

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Policies Innovation Strategy Strategy 206

Leapfrogging

APRIL 3, 2024

The Power of Organizational Culture Organizational culture is the bedrock upon which companies build their strategies and operational approaches. It encompasses the values, beliefs, and behaviors that determine how a company’s employees and management interact and handle outside business transactions.

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Jeffrey Phillips

MAY 24, 2021

Previously, I wrote that companies will need to focus on business model and process innovation over product innovation. If this one simple example tells you anything, it should tell you that companies that produce products and services need to gain a new understanding of their customers.

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Jeffrey Phillips

MAY 22, 2023

We felt that to remain competitive, larger companies needed to recapture the sense of wonder and adventure that working in the "front end" of innovation would create. My friend, who founded OVO Innovation with me in 2004, was really passionate about the idea of reviving innovation in corporations.

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Destination Innovation

MARCH 2, 2018

Spigit is a leading innovation management software company. They recently published a research paper entitled ‘Quantifying a Culture of Innovation.’ In the top 10 most successful companies there were 10 votes per user. The findings are instructive.

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Jeffrey Phillips

SEPTEMBER 14, 2021

But recognizing, validating and implementing new ideas IS hard, and this is why innovation will always be the strange uncle corporations keep in the attic. Every company wants more innovation, to drive better revenue, profits and market share. Innovating once is easy, innovating consistently over time is difficult.

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Destination Innovation

NOVEMBER 7, 2018

They founded Tokyo Telecommunications Engineering, Corporation and their first product was an automatic rice cooker which failed to sell well. At that time Japanese companies had a reputation for producing cheap, low-quality products which were often copies of Western merchandise.

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IdeaScale

JULY 14, 2021

Technology creates opportunities at lightning speed, which presents companies with more ways of making money than ever before. For example, the COVID-19 pandemic required companies to change how products reach customers. Innovation results in new creations. These can be products, businesses, or both.

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Strategyzer Innovation

MAY 20, 2019

Investments in R&D to foster technology, science or product innovation are just the first steps towards success. The hard part of innovation is achieving market success with the technology and products we invent. Having great new technologies and products certainly doesn’t guarantee immediate returns.

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IdeaScale

MAY 28, 2019

Companies in every industry are accepting that complacency and failure to innovate are tantamount to negligence. Failing to innovate can cause even a large established business to lose ground to competitors that more fully embrace innovation. It requires more than just saying “Innovation is good.”

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Sopheon

DECEMBER 6, 2022

The food and beverage industry is one of the most interesting and competitive industries when it comes to innovation and new product development. I recently joined Stefan Gates on the Food Matters Live podcast to discuss the latest in food and beverage innovation and new product development.

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Leapfrogging

FEBRUARY 9, 2024

Understanding Corporate Venture Capital (CVC) Defining Corporate Venture Capital Corporate Venture Capital (CVC) refers to the investment of corporate funds directly into external startup companies. By investing in promising startups, companies can leverage external expertise and tap into novel technologies and business models.

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Strategy Strategy Technical Review Agile 100

Jeffrey Phillips

NOVEMBER 27, 2018

Whole Product (2.0) The reason that whole product is becoming even more interesting is that the notion of product is expanding and many companies will soon be shifting to innovation "beyond the product". Impacts on Innovation This is, and will, have a huge impact on innovation.

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IdeaScale

SEPTEMBER 14, 2021

As people work remotely from a variety of networks and as companies implement policies such as Bring Your Own Device (BYOD), the information risks have only become more prevalent. While the standard techniques, such as training and VPNs, will help, innovation will be crucial to anticipating threats and handling potential risks.

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