Culture of Innovation: Premera Blue Cross Engages Employees to Drive Innovation

Planview Spigit

As organizations seek to add value to customers and develop new, differentiated products and services, innovation is at the heart of strategy. It starts with creating a culture of innovation from within by tapping into the wisdom of employees. Premera Blue Cross developed its culture of innovation that motivated 3,200 employees to produce more than 400 new ideas to improve its products and services.

What is Crowdsourcing for Innovation?

eZassi

What is Crowdsourcing for Innovation? Crowdsourcing and co-creation is an essential arm of conducting smart business. How to channel your internal and external crowd for innovation, ideation and collaboration. What is the Goal of Crowdsourcing Innovation? By harnessing the collective creativity of the crowd, you can exponentially increase the number of solutions that are submitted in response to a certain challenge.

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Top 10 Features To Look in Any Idea Management Software

Acuvate

In today’s competitive world, it’s no secret that organizations struggle to come up with competent and innovative solutions to facilitate growth and stay ahead in the game. One of the best ways of improving service, product or efficiency parameters is to tap into the effective intelligence of your employees. Employees are the front runners in driving any specific initiatives of the organization. Innovative Ideas are universal. Crowdsourcing capabilities.

15 most important Innovation Theories your company should be using

Idea to Value

Every company says that innovation is important, and that they value the ideas of their people. Yet the problem lies in the fact that so few established companies actually know how to go about getting value out of their innovation ambitions, let alone turning it into profit. In fact, according to some estimates by Doblin , 96% of all new innovations which established companies attempt fail to make a return on investment. 40 principles of TRIZ.

16 metrics for tracking Collaborative Innovation performance

Hutch Carpenter

In a recent PwC survey, 61% of CEOs said innovation was a key priority for their company ( pdf ). Innovation efforts come in a variety of forms: innovation and design labs, jobs-to-be-done analysis, corporate venturing, distributed employee experiments, open innovation, TRIZ, etc. In this post, I want to focus on another type of innovation initiative: Collaborative Innovation. Ideas matching needs of customers (incl.

The Role of Innovation in New Product Development: Three Approaches for Success

Qmarkets

Innovation is essential throughout the entire new product development (NPD) process, but nowhere is it more key than it is in the Fuzzy Front End (FFE) stage. FFE is the starting point of NPD and is where new product ideas are generated before entering the formal development process.

Ezassi to Attend FEI Boston 2018: What to Expect

eZassi

While there, we’ll be showcasing our innovative platform and processes that have helped our client base increase user engagement, time-to-innovate, number of ideas and, most importantly, quantifying how it affects their bottom line. We’ll be networking on location and attending social events to answer questions and ask some of our own. Many companies are trying their best to create innovation within their companies but still struggle.

How to scale innovation

hackerearth

In today’s competitive landscape, it’s important that your products stay ahead of the status quo so you can set apart your company’s offering from the competition. With that in mind, it becomes important for companies to efficiently invest their resources toward coming up with new ideas and developing innovative products. In the process of developing cutting-edge products, innovation is just the first step. Hackathons as tools for innovation.

How to scale innovation

hackerearth

In today’s competitive landscape, it’s important that your products stay ahead of the status quo so you can set apart your company’s offering from the competition. With that in mind, it becomes important for companies to efficiently invest their resources toward coming up with new ideas and developing innovative products. In the process of developing cutting-edge products, innovation is just the first step. Hackathons as tools for innovation.

Successful Innovation Means Finding Time to Make Decisions

KindlingApp

Let’s not kid ourselves: being the project manager of an idea management process is a tough job and one that requires time, passion, consistency, and dedication. In the comments on Kindling’s blog post “ When Does Creativity Become Innovation? many members of some of our favorite LinkedIn innovation groups echoed the same sentiment: “Anybody can have ideas, but managing them effectively—that’s where innovation happens.”. Innovation Program Engagement

The Winning Formula for Financial Process Improvement – How TSYS is Defining the Future of Fintech

Qmarkets

There has never been a more critical time for financial firms to prioritize innovation. Rapidly changing customer behaviours, disruptive digital technologies, and the emergence of agile fintech start-ups means that disruption is an ever-present danger. To counter these challenges, companies are increasingly focused on creating a culture of innovation to achieve financial process improvement.

U.S. Air Force Leverages External Innovation to Surface Innovative Ideas

Planview Spigit

Providing our airmen and women and operators of the US Air Force with top-notch technology is crucial to keeping our country safe. Spigit recently partnered with AFWERX, a product of the Air Force launched. with innovation hubs around the US, to solve some of their biggest challenges through crowdsourced innovation. How is AFWERX harnessing the ideas and creativity of these contributors? External Innovation

Unlocking Potential with an Innovation Pilot – 6 Reasons for SMEs to use Idea Management Tools

Qmarkets

Typically innovation management is seen as the domain of large organisations who can afford to invest a lot of time and effort into pushing forward a company-wide initiative. While previously this may have been the case, smaller organisations are now discovering that they have got just as much to gain from the implementation of this software as the larger corporations. Thinking Outside of the Box. The Scale of Engagement .

Everything you need to know about innovation management software

hackerearth

Although enterprise collaboration software market has been around for over 20 years, innovation management software is a specialized segment that helps companies guide and support their innovation process. What is innovation management software (IMS)? Why do companies need innovation management software? And, thirty-eight percent vs. 22% are very satisfied with the return on their innovation investments. They fail because of reasons that include (Troshani, I.,

Innovation management software: Everything you need to know

hackerearth

Although the enterprise collaboration software market has been around for over 20 years, innovation management software is a specialized segment that helps companies guide and support their innovation process. What is innovation management software (IMS)? Why do companies need innovation management software? And, thirty-eight percent vs. 22% are very satisfied with the return on their innovation investments. Poor innovation implementation.

Spigit Client Awards: And the Winner Is…

Planview Spigit

Every year at Spigit’s annual conference , Ignite, we recognize clients in our innovation community whose programs have achieved remarkable feats. Launch of the Year. New Program of the Year. The award for Best Employee Engagement looks at clients who have created a robust reward and recognition program, and have increased employee engagement and participation across their innovation campaigns and challenges. Launch of the Year. New Program of the Year.

Spigit Client Awards: And the Winner Is…

Planview Spigit

Every year at Spigit’s annual conference , Ignite, we recognize clients in our innovation community whose programs have achieved remarkable feats. Launch of the Year. New Program of the Year. The award for Best Employee Engagement looks at clients who have created a robust reward and recognition program, and have increased employee engagement and participation across their innovation campaigns and challenges. Launch of the Year. New Program of the Year.

How Credit Unions Innovate With Innovation Software

eZassi

Innovation is a requirement in today’s business world and credit unions are no exception. By creating and implementing a clear plan, credit unions can create and nurture a culture of innovation that works to not only provide the best possible member experience, but also get the most out of each employee. How Technology Can Support How Credit Unions Innovate. 7 Ways Credit Unions Innovate with Innovation Software.

Hackathons simplified

hackerearth

When some people hear the word “hackathon,” a wave of intimidation spills over them. A hackathon , also known as a codefest, is typically a day-long coding competition where a bunch of software developers, computer programmers, designers, and others join hands to improve upon or build a new software program. However, the majority of hackathons gives developers and programmers free rein to be creative and build something awesome.

How to enable inclusive innovation

hackerearth

The innovation system would meet the needs of every person. Inadequacy or inaccessibility should not constrain people’s innovative ability. Considering how difficult it is to achieve this perfection, we strive for an equally worthy goal of continuous improvement—to generate economic growth that is socially inclusive. What is inclusive innovation? Here, the excluded groups are both producers and customers of innovations. Innovation Management

Qmarkets & Intesa Sanpaolo Card: Tailoring Innovation Management for the Finance Industry

Qmarkets

Intesa Sanpaolo Card is a provider of payment solutions, which was founded in 2009 as a member of one of the largest banking groups in Europe. Intesa Sanpaolo Card maintains and manages different type of card-holder data for more than 5.6 An Innovative Foundation. However at this point the innovation initiative was handled offline, with ideas being submitted either through email or a physical suggestion box. Crowdsourcing success.

Qmarkets & Intesa Sanpaolo Card: Tailoring Innovation Management for the Finance Industry

Qmarkets

Intesa Sanpaolo Card is a provider of payment solutions, which was founded in 2009 as a member of one of the largest banking groups in Europe. Intesa Sanpaolo Card maintains and manages different type of card-holder data for more than 5.6 An Innovative Foundation. However at this point the innovation initiative was handled offline, with ideas being submitted either through email or a physical suggestion box. Crowdsourcing success.

3 of the Best Innovation Team Formulas…and When to Ignore Them

Qmarkets

You’ve heard this cliché many times before: innovation is all about people. Even if you’re an avid fan of artificial intelligence, you hardly expect robots replacing humans as innovators any time soon. And if you agree with another popular cliché, the one saying that innovation is a team sport, you will come to a natural conclusion that in order to pursue a corporate innovation project, you need to create a dedicated innovation team.

4 Ways to Beat Innovation Management Anxiety- How to Get Past the Fear and Find Your Next Big Idea!

Qmarkets

The philosopher Aristotle diagnosed fear as ‘pain arising from the anticipation of evil’. Over 2000 years later, C-suite executives at major companies the world over are certainly feeling this specific pain when it comes to innovation. Many anticipate the possibility of leaping towards news heights, only to plummet down to unknown depths…. Some companies also fear innovation will compromise corporate security and intellectual property. Fearing Loss of Control.

3 of the Best Innovation Team Formulas…and When to Ignore Them

Qmarkets

You’ve heard this cliché many times before: innovation is all about people. Even if you’re an avid fan of artificial intelligence, you hardly expect robots replacing humans as innovators any time soon. And if you agree with another popular cliché, the one saying that innovation is a team sport, you will come to a natural conclusion that in order to pursue a corporate innovation project, you need to create a dedicated innovation team.

6 Reasons for SMEs to use Innovation Management Tools

Qmarkets

Typically innovation management is seen as the domain of large organisations , who can afford to invest a lot of time and effort into pushing forward a company-wide initiative. While previously this may have been the case, smaller organisations are now discovering that they have got just as much to gain from the implementation of this software as the larger corporations. The Scale of Engagement .

Tools 46

Choosing the right innovation approach for your business

hackerearth

Undoubtedly a critical aspect of long-term sustainability and survival, innovation is a complex process, which organizations need to be good at. Understanding the term “innovation”. Innovation is a term that carries with it immense possibilities of success and sustainability. Creating new business models or value propositions, enhancing the efficiency of existing businesses, and sustaining growth in a complex competitive and fickle landscape—that’s innovation.

6 Reasons for SMEs to use Innovation Management Tools

Qmarkets

Typically innovation management is seen as the domain of large organisations , who can afford to invest a lot of time and effort into pushing forward a company-wide initiative. While previously this may have been the case, smaller organisations are now discovering that they have got just as much to gain from the implementation of this software as the larger corporations. The Scale of Engagement .

Tools 40

What is innovation management and why your organization needs it

hackerearth

Understanding Innovation Management. Is it a lack of innovation or an inability to cope with change? Or, is it the incompetence that underlines the failure to anticipate change and stay ahead of the curve? Either way, businesses need to identify where they are going wrong because innovation as a business strategy is here to stay. The rules of the game have changed. For survival, innovation is almost obligatory (Drucker, 1999). Culture/Country.

What is innovation management and why your organization needs it

hackerearth

Understanding Innovation Management. Is it a lack of innovation or an inability to cope with change? Or, is it the incompetence that underlines the failure to anticipate change and stay ahead of the curve? Either way, businesses need to identify where they are going wrong because innovation as a business strategy is here to stay. The rules of the game have changed. For survival, innovation is almost obligatory (Drucker, 1999). Culture/Country.

The Innovation Hotline: How Colruyt Group is Championing Intrapraneurship with Collaborative Idea Generation

Qmarkets

Often times, the most successful and innovative companies stem from the humblest of origins. Its rapid expansion from a small, family-run wholesale goods business in 1928 into a multinational conglomerate with 30,000 employees, can be attributed in part to the creative – and ingenious – ways it has crowdsourced ideas from employees. The Innovation Hotline – From ‘Green Telephone’ to IDnet. Did you offer any kind of incentive to your users?

Hackathons simplified

Hacker Earth Developers Blog

When some people hear the word “hackathon,” a wave of intimidation spills over them. A hackathon , also known as a codefest, is typically a day-long coding competition where a bunch of software developers, computer programmers, designers, and others join hands to improve upon or build a new software program. However, the majority of hackathons gives developers and programmers free rein to be creative and build something awesome.

Retail innovation: Trends, challenges and opportunities

hackerearth

Retail giants such as Amazon have literally eaten up thousands of stores world over, capturing considerable market share. Every innovation in retail is now about designing an experience that’s remarkable and creates value that keeps bringing the customer back. Shoppers are critical influencers thanks to the insane growth of social media networks and mobile commerce. Create a culture that encourages unconventional thinking. Top innovations transforming retail.

Top 10 must-read books on Innovation

hackerearth

Being innovative or creative looks like an inherent trait to most of us, doesn’t it? However, if you’ve been one of those lucky ones who had “creativity” as an academic discipline at school, you’d know that it can at least be nurtured. Perhaps, like renowned educationalist, Sir Ken Robinson says, “We got educated out of creativity.” And now, we are back to finding ways to use our creative energies to build something of value. Innovation Management