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How NASA is Crowdsourcing its Innovation Strategy

IdeaScale

And NASA has taken one of its first steps into its own new frontier: Crowdsourcing. The Crowdsourcing Frontier. NASA’s reluctance to crowdsource in the past has largely been a product of its culture. Some of NASA’s biggest crowdsourcing initiatives have been tied to its desire to know more about the Solar System.

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Elevate the Customer Experience with Idea Management Software

IdeaScale

This competition is driven by the ideas gathered from the customers themselves, which make it possible for businesses to address specific needs. Through real-life case studies, they explained how managing internal ideas can increase productivity and enable companies to better serve their customers.

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Innovation Management: Importance, Ideas, and Examples

Acuvate

According to the recent study by Accenture , over 90% of executives think innovation is key to their business success. However, crowdsourcing innovation from employees can harness your organization’s creative ability besides your business growth. This gives only a one-dimensional lookout for a specific business challenge.

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Titans of Transformation: 5 Outstanding Examples of Innovation in Business

Qmarkets

Lending credence to this trend, a recent study by McKinsey & Company 3 found that 80% of executives considered their existing business model to be at risk. It would be naive to suggest that there’s only one definitive innovation example from retail titan Amazon that enterprizes could benefit from emulating.

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Titans of Transformation: 5 Outstanding Examples of Innovation in Business (ALL ELEMENTS)

Qmarkets

Lending credence to this trend, a recent study by McKinsey & Company 3 found that 80% of executives considered their existing business model to be at risk. It would be naive to suggest that there’s only one definitive innovation example from retail titan Amazon that enterprizes could benefit from emulating.

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Red Cross Case Wins MRS Award

100%Open

It’s great for a crowdsourcing case like RED Innovation to be recognised by the market research industry and this points to the growing use of online platforms for generating insights as well as ideas. It was also gratifying to win against some stiff competition from larger companies like Camelot, British Gas and Heathrow Airport.

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How Effective is Open Innovation?

100%Open

For example, this month’s tool in the spotlight is 100%Open Innovation Metrics. Is the money committed to running competitions, managing partnerships and venturing well spent? There is now a treasure trove of approaches and case studies to be explored. Does it result in faster innovation, more profit or higher scientific value?