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Questions & Answers with an Innovation Leader from Intel

Qmarkets

Of course, most recognize that simply happening upon these solutions is not an option, and that innovation needs to be cultivated and managed effectively in order to become sustainable and repeatable. What is idea management and how is it different to innovation management?

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Innovation FAQ #1: What Is Innovation Management?

Qmarkets

Of course, most recognize that simply happening upon these solutions is not an option, and that innovation needs to be cultivated and managed effectively in order to become sustainable and repeatable. Culture: Establishing a culture where innovation is encouraged, and stakeholders are incentivised to share and comment on ideas.

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Carrot vs Cash – How to Make Your Innovation Incentive Program Addictive

Qmarkets

So if an idea saves the company $500K – then the submitter could earn between $5K and $50K depending on how generous the company is! One company found that rewarding the best ideas cost them only $14,250 over the course of a year. One solution is to give a small reward as soon as an idea is approved and enters the pipeline.

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Innovation SOP: How Chief Innovation Officers Can Develop Trust Between Work Teams

Qmarkets

Qmarkets’ Innovation Standard Operating Procedures (SOP) : In this series, we will present different guidelines on how to bring innovation theory to practice. Of course there is no need for everyone to be the same, but an enterprise does need its staff to be able to understand each other, and most importantly, to respect each other.

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Fast Company’s Brainstorming Fail

Gregg Fraley

Most people who brainstorm have no idea what the guidelines are for doing it properly. Of course they don’t! Get ideas from everybody using virtual system (aka Idea Management Systems, “IMS” ). They are unaware of the more comprehensive brainstorming system Osborn-Parnes designed.