article thumbnail

Intrapreneurs

eZassi

Embrace failure and learning: Understand that not all ideas will succeed, and failure is a part of the innovation process. Encourage your intrapreneur to learn from failures and iterate on their ideas. This helps the intrapreneur refine their ideas and stay on track.

article thumbnail

Implementing Open Innovation: Insights from Ariana Smetana of AccelIQ Digital

Qmarkets

That exposure to the tech world drew my interest in 2018 to look at how the AEC (Architecture, Engineering, and Construction) industry is affected by digital automation and hardware solutions like AR/VR, which can help process vast amounts of 2D/3D data and improve project visualization capabilities. You can register here.

Insiders

Sign Up for our Newsletter

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

article thumbnail

“Embrace Open Innovation or be Destroyed by it…” – A Case Study on Lego & Bagels

Qmarkets

Mugglestone, 2005) Now if this task were to be attempted using a contemporary Idea Management platform , it could be completed in days rather than decades. The Innovation Gamble. Utilizing a holistic Open Innovation tool is akin to sitting at a blackjack table with a card counting machine. Lego – Bankruptcy.

article thumbnail

“Embrace Open Innovation or be Destroyed by it…” – A Case Study on Lego & Bagels

Qmarkets

Mugglestone, 2005) Now if this task were to be attempted using a contemporary Idea Management platform , it could be completed in days rather than decades. The Innovation Gamble. Utilizing a holistic Open Innovation tool is akin to sitting at a blackjack table with a card counting machine. Lego – Bankruptcy.

article thumbnail

The biggest innovation barrier: turning a ‘no’ into a ‘yes’

Idea Drop

Run your idea past trusted colleagues, as they may pick up on issues you had not previously thought of. This is where idea management software can be invaluable, as such a platform facilitates easy interaction with ideas. See the problems from their point of view and offer an understanding response.

article thumbnail

15 most important Innovation Theories your company should be using

Idea to Value

In many cases (especially those listed in the book, such as Computer Storage, Department Stores and Construction Equipment), the small company releases a new technology which is inferior in quality or performance to that of the large company, but makes up for it in another way, like a lower price or convenience.

Company 248
article thumbnail

Five Things You Should Measure about Your Innovation System

The Inovo Group

Million Employees Shows How Innovation Really Works. A recent article in HBR describes a study of 154 companies that use the Spigit idea management system to analyze data on new concepts as they move from initial idea to reality. The four phases are as follows: Data from 3.5

System 40