Rediscovering sustainable competitive advantage

The Future Shapers

Sustainable competitive advantage? Most business leaders I talk to agree that the days of sustainable competitive advantage are over. The reason our search for sustainable competitive advantage is becoming increasingly elusive, is that we’re looking in the wrong places.

Employee Engagement Propels Innovation

Planview Spigit

Most companies will agree that innovation is critical to sustaining growth and remaining competitive. However, for this culture to exist, employee engagement is imperative. A culture of innovation relies on employee engagement and a shared vision for a company’s success.

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How to Achieve High-Quality Ideas in Idea Competition?

Ideanote

In the previous blog post, we laid out the concept behind in-house innovation competition and the benefits that come with it. In order for the competition to yield high-quality ideas, there are a few rules you should follow. Use the learnings to improve your next idea competition.

Idea Competitions and Why Your Business Needs One

Ideanote

So, if you want to join the innovative crowd and get some fresh input for your new product, internal idea competition is your answer. Successful idea competitions will benefit your business in many ways. One way to speed up the process is through internal idea competitions.

Business Models Changing the Landscape of Growth and Innovation

Speaker: Cheryl Perkins, Founder and President, Innovationedge

Companies these days cannot afford to stand still! Cheryl Perkins, Founder and President of Innovationedge and a visionary business leader, will share best practices of companies who are defining and implementing new business models. These business models are used to create new pathways to value and deliver growth in today’s business climate. She will lead you on a journey through business model basics and describe how companies are taking innovation strategy to the next level while tackling the current challenges of talent management and innovation fatigue.

Winners announced for the Civic Engagement Innovation Competition

Betterific

Our “ Hacking Civic Engagement ” Challenge was a first for us in many respects. Quick shoutout to the winners of the ideation competition: Luc Michaud (grand prize winner), Metro Power Yoga , Marla Goodman and Dennis Pitcock.

Top 9 Actionable Employee Engagement Ideas and Activities

Acuvate

In today’s competitive business world employee engagement is an essential element in creating a positive work culture and a productive workforce. Organizations with engaged employees perform better than those without by whopping 202%.

Tips for Established Businesses to Survive the Startup Surge

InnovationManagement

So much has already been said about what smaller, fresh companies need to do in order to gain a competitive edge in a well-developed market, but how often do you think about what those well-established businesses should do to achieve the same?

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Lessons from Silicon Valley on Innovation and Engagement

IdeaScale

Cutting costs and driving innovation is one of the only feasible strategies in order to respond to the market while remaining competitive. The current state of technology can tell us a lot about how effective innovation strategy can drive consumer (and employee) engagement.

Employee engagement and innovation

hackerearth

Researchers across the world agree that engaged employees drive the culture of true innovation in successful companies. What is employee engagement? Even leaders who do value their employees frequently mistake employee satisfaction for employee engagement.

Understanding the trajectory of the competitive landscape

Mike Shipulski

If you want to gain ground on your competition you’ve first got to know where things stand. For prices of their products you may have to engage your sales team and your customers.) Where are their advantages? Where are your advantages? Where is there parity?

Measuring Innovation Performance

competitive advantage or be a USP, is what drives every organization. Better employee engagement and cross-functional collaboration spawn better ideas. Select the right outcomes and incentives to keep employees engaged to improve the. How engaged are they and how much do these e?orts

So You Think You Know Your Competitors? Think Again.

InnovationManagement

Support for SMEs Trend Alert banking Competition competitive advantage corporate innovation customer engagement development finance innovative companies invention market partner partnerships retail tourism transportation trends

eX Summit: Is the real innovation around employee engagement?

Innovation Excellence

Many organizations have failed to focus on the experiences of their most important competitive advantage: employees. Change Conferences Culture & Values Disruption Management Strategy conference disruption Employee Engagement Employee Experience Innovation Summit

A Simple Guide to Building an Engaged Team

Rmukesh Gupta

Premise: We don’t need tons of research to tell us the importance of having employees who are engaged in their work. It is no surprise either when that having such an engaged workforce can and does become a true competitive advantage. Building an Engaged Team.

5 steps to engaging 7,000 customers in innovation

Wazoku

Not only do you get instant insight into what your consumers want and need, which helps you create a competitive advantage; as a by-product, you also get your customers’ buy-in before even creating a new product. Step 5 – Manage engagement. Blog customer engagement

9 Ways to Engage Your Crowd

Planview Spigit

But, to be successful, you must find the right approach to consistently — and repeatedly — engage your crowd. Here are 9 drivers (and examples) you should consider using to engage your crowd in your innovation efforts.

Why Building a Culture of Innovation is your Competitive Advantage

Wazoku

It’s perhaps safe to say, therefore, that they’ve mastered the art of innovating to derive a competitive advantage. Incremental innovation is something which everyone can become involved in, particularly if the culture is one which promotes engagement in delivering improvement.

How to Promote a Culture of Employee Engagement Through Innovation

Planview Spigit

Business2Community recently published an article written by Spigit’s CEO, Scott Raskin, discussing how a focus on crowdsourced innovation can help drive employee engagement. The reality is, having engaged employees in today’s competitive business landscape is important now more than ever. This is why companies invest so much money on improving employee engagement – over $100 billion annually to be exact. Employee Engagement

Crowdsourcing with the Competition: Rewarding Venture or Precarious Proposition?

Qmarkets

Why your company needs to think about crowdsourcing with the competition…. Understandably, the increase in competition and market saturation is seen by those who experience it as a direct threat to their organizational legitimacy.

Sincerely Sima: Keeping Participants Engaged

KindlingApp

Our emphasis on engagement continues here with a look at what it takes to keep participants engaged as active contributors to the conversation. Dear Sima, We ran a Campaign and saw a lot of initial participation and ideas but then after a few weeks, activity tapered off and there was a large dip in engagement. Many of our customers experience engagement challenges because they are only moving a few ideas through the workflow. Innovation Management Engagement Feedback

10 Do’s & Don’ts for Open Innovation Competitions

100%Open

We were asked recently by a new client what our top 10 Do’s and Don’ts are for running open innovation competitions, based on our experience including the UBS Future of Finance Challenge , Unilever Foundry Ideas Challenge , Colombia CO4 Open Innovation Competition , and Ordnance Survey GeoVation Challenge. Do not attempt to engage all audiences simultaneously as their needs and their capabilities vary enormously.

Qmarkets Fall Product Release 2019: Making Innovation Engagement Easy

Qmarkets

Engaging Smart Recommendations. We want your users to spend more time engaging with the system in ways that make a bigger impact. You can assign tasks to owners, set their priority and due dates, manage their competition status, and have private discussions per task.

Qmarkets Product Release Fall 2019: Making Innovation Engagement Easy…

Qmarkets

Engaging Smart Recommendations. We want your users to spend more time engaging with the system in ways that make a bigger impact. You can assign tasks to owners, set their priority and due dates, manage their competition status, and have private discussions per task.

Crowdsourcing with the Competition: Rewarding Venture or Precarious Proposition?

Qmarkets

Why your company needs to think about crowdsourcing with the competition…. Understandably, the increase in competition and market saturation is seen by those who experience it as a direct threat to their organizational legitimacy.

Your Future Lies in Occupying the Innovation Job and Using the Skills it Provides

Paul Hobcraft

First, we have to recognize Human capital is still the most crucial asset of any business—in fact, even in an age of ubiquitous technology, it is human skills, creativity, and capability that will form the competitive edge for any organization.

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Nine Actions You Can Take Today to Make Your Company More Innovative

IdeaScale

Best Practice Competition core employee engagement failure incremental leadership portfolio trustInnovation strategy is often about direction and momentum. But in order to have either, you need at least a small amount of mass to get started.

Peeling away the layers of your innovation reality

Paul Hobcraft

Your preferred place after you have accessed the competitive situation and what needs to differentiate yourselves, by being realistic about your present operational performance and rigorous evaluation of how you can perform.

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Innovation adoption in the technology lifecycle for Energy Translation

Paul Hobcraft

The economics of powering the energy system with renewables has got to the point where there is real competitiveness. Building the systems enabling framework. Source: World Economic Forum.

Focusing on Innovation for our Energy Transition we are all undertaking

Paul Hobcraft

It is having a well-established innovation process or a clear, transparent one you can engage, communicate, and build shared understanding. Energy is a vital part of any country’s ability to be competitive.

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Eleven Ways to use Crowdsourcing

Destination Innovation

Design Competitions. You can host your competition and build your brand while simultaneously getting a host of free input. Similar to design competitions, crowdsourced programming lets a variety of individuals offer ways to code and frame your websites, apps, and more.

Increasing innovation focus on the end-user segments within the energy transition story

Paul Hobcraft

Innovative solutions here will require far more government intervention and incentive shifts and significant research and development to find solutions that are both competitive and compelling enough to make the change. Source of visual used: [link].

The Digitization of Energy

Paul Hobcraft

Software that builds data analytics or planning information that allows for a new form of aggregation that gives us all a greater engagement in managing our energy consumption and begin to sell surplus electricity through the management of their own personal energy system.

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Recognizing it is all about Value Creation

Paul Hobcraft

It is the Knowledge and Innovation combined that make the firm competitive. Greater engagement or not? I am reading a lot about the concept of value creation recently, it answers everything but tells us so often nothing about how it is made up or it is truly present.

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The Hard-to-Abate sectors need innovation solutions to reach Net-Zero Co2 Emissions

Paul Hobcraft

With today’s technology, we can already increase the share of cost-competitive non-fossils from 20% of the primary energy supply to 30%. Source: [link].

Engaging your community to future-proof your organisation

Wazoku

Engagement is a current hot topic and one of the solutions that’s being presented to organisations that want to be innovative. Engaging employees is great and can yield results, but it’s come to a point where organisations have to expand their communities to include external members. Co-creation Communities also allow organisations to innovate quicker, to gain competitive advantage. The post Engaging your community to future-proof your organisation appeared first on Wazoku.

Confusion or Diffusion in Energy Transition?

Paul Hobcraft

Innovation drives competition; it delivers the changed environment where those investing “steal a march” and take winning positions that alter the dynamics of industries, of energy solutions themselves.

How to Overcome Employee Engagement Barriers With a Continuous Improvement Program

Qmarkets

According to a recent poll by Gallup , only 15% of employees worldwide are engaged in their jobs. – where levels are the highest in the world – the rate for engagement has been stuck at around 30% for nearly a decade, growing from 29% in 2011 to 31% in 2017.

The chance to think differently about Ecosystems for Innovation

Paul Hobcraft

Ecosystems built around specific platform designs are the future of innovation that takes designs and solutions into a new realm of opportunity built on collaborative engagement and common missions.

How to Turn your Employee Engagement Problem into a Continuous Improvement Solution

Qmarkets

According to a recent poll by Gallup , only 15% of employees worldwide are engaged in their jobs. – where levels are the highest in the world – the rate for engagement has been stuck at around 30% for nearly a decade, growing from 29% in 2011 to 31% in 2017.

Hacking Citizen Engagement – presented by Deloitte Pixel and Singularity University’s Global Summit

Betterific

We’re really excited to announce our newest innovation competition centered around hacking civic engagement. In a first for Betterific, we are also partnering with TopCoder to develop the best ideas that are submitted through the competition.

Cracking the complexity code

Paul Hobcraft

It is through the nature of these complexities we achieve competitive advantage and can deploy more of the flow of knowledge for those new sources of new profit and wealth creation.

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Adopting a Rapid Digital Innovation Process

Paul Hobcraft

Competition is changing, markets are blurring and customers are becoming far more vocal. As we start to think about the next year, (is it here already?) it is a time of reflection and some forward thinking. We do need to make some real changes.