Ideation Rate: Quantifying a Culture of Innovation

Planview Spigit

MIT’s Sloan Management Review recently published a story that focuses on the research Spigit conducted with Northwestern University’s Kellogg School of Management around quantifying a culture of innovation. In other words, we set out to move beyond the why behind creating a culture of innovation and look at the how. In doing so, we surfaced actions a company can take actually build and sustain a culture of innovation.

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.

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Participation leads to Innovation

Destination Innovation

Spigit is a leading innovation management software company. They recently published a research paper entitled ‘Quantifying a Culture of Innovation.’ They report a significant correlation between ideation rates (generating good ideas) and profit growth.

Ideation Software: It’s Not Just for Innovation Departments

Planview Spigit

ideation software. is that it’s exclusively for innovation departments to use to generate breakthrough products and services. It is called “innovation” software after all, right? While that is one of its use cases, the reality is it can be used for so much more.

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?

The Total Economic Impact of Spigit’s Ideation Management Software

Planview Spigit

When establishing an innovation program, business leaders often struggle with forecasting the potential economic impact. To address this, Spigit commissioned Forrester Research to conduct an independent study examining the value customers receive from implementing Spigit’s ideation management software. This economic model was used as the foundation of theTotal Economic Impact (TEI) model. How does an innovation program driven by Spigit impact a company’s bottom and top line?

How Innovation Management Contributes to The Success of Digital Transformation

Acuvate

Digital technologies are totally transforming the face of business. Adopting digital transformation is the only way to stay ahead of the competition in today’s digital era. According to 87% of business leaders, digitalization is a top priority.

Innovation Management: Importance, Ideas, and Examples

Acuvate

In less than a decade, innovation management got recognized as one of the most powerful strategies an organization can use to streamline internal processes and boost their business productivity. What is innovation management? Importance of innovation management.

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. Employees are the front runners in driving any specific initiatives of the organization. by 2022, at a CAGR of 29.2%

Top 10 Innovation Links of the Week: 11.13.15

Planview Spigit

Welcome to our brand new weekly link roundup, featuring a carefully curated selection of hand-picked links to great content on innovation, crowdsourcing, and more from around the web. 5 Requirements of a Truly Innovative Company.

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Top 10 Innovation Links for the Week of 1.29.16

Planview Spigit

Welcome to Spigit’s weekly roundup of innovation links, where we feature a carefully curated selection of our favorite content on innovation, crowdsourcing, and more from around the web. 1.Why Black Cabs Need to Innovate, Not Fight.

Top 10 Innovation Links for the Week of 1.8.16

Planview Spigit

Welcome to the first 2016 weekly roundup of innovation links, where we feature a carefully curated selection of our favorite content on innovation, crowdsourcing, and more from around the web. A New Blueprint for Collaborative Innovation.

Top 10 Innovation Links of the Week: 12.4.15

Planview Spigit

Welcome to Spigit’s weekly roundup of innovation links, where we feature a carefully curated selection of our favorite content on innovation, crowdsourcing, and more from around the web. Lean Innovation Management – Making Corporate Innovation Work.

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How Facebook Made Innovation a Daily Habit

Planview Spigit

Since its founding in 2005, Facebook has become one of the most innovative companies in the world. Many of Facebook’s products and features we know and use today were a direct result of an employee scratching his or her own itch. Think of innovation as a muscle.

Innovation Software: It’s Not Just for Innovation Departments

Planview Spigit

A common misconception about innovation software is that it’s exclusively for innovation departments to use to generate breakthrough products and services. It is called “innovation” software after all, right? Ideation is touching many areas of a business.

Top 10 Innovation Links of the Week: 11.20.15

Planview Spigit

Welcome to Spigit’s weekly link roundup, where we feature a carefully curated selection of our favorite links to great content on innovation, crowdsourcing, and more from around the web. The skinny: Learn about innovation disruption in the healthcare industry.

The Total Economic Impact of an Innovation Program Driven by Spigit

Planview Spigit

When establishing an innovation program, business leaders often struggle with forecasting the potential economic impact. To quantify the complete value of innovation program that leverages Spigit’s. ideation management software. Creating a robust pipeline of ideas.

Top 10 Takeaways from Spigit’s 2017 Ignite Conference

Planview Spigit

From a scientist who led the innovation team that developed the Ebola vaccine, to a world renown innovation author, to the VP of Watson Strategic Partnerships at IBM Watson, Ignite 2017 was one for the record books. Throughout the conference, which included exclusive innovation strategy workshops for Spigit customers, there was no shortage of useful insights attendees walked away with. Early executive sponsorship is critical for sustainable ideation programs.

Top 10 Takeaways from Spigit’s 2017 Ignite Conference

Planview Spigit

From a scientist who led the innovation team that developed the Ebola vaccine, to a world renown innovation author, to the VP of Watson Strategic Partnerships at IBM Watson, Ignite 2017 was one for the record books. Throughout the conference, which included exclusive innovation strategy workshops for Spigit customers, there was no shortage of useful insights attendees walked away with. Early executive sponsorship is critical for sustainable ideation programs.

3 Takeaways from Spigit’s Innovation Forum

Planview Spigit

Spigit recently hosted an Innovation Forum with global consumer goods manufacturer Li & Fung in Hong Kong. An exclusive group of innovation leaders convened for an evening of sharing best practices and in-depth discussions about innovation programs.

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.

Why Measuring the Value of Your Innovation Program from Day One is Important

Planview Spigit

Every year Spigit conducts its “ State of Crowdsourced Innovation ” customer study to better understand how our customers build and manage their innovation programs. One of the key findings from this research is that a significant shift occurs at around the three-year mark of having an innovation program. This shift centers around measurement of program value. What ideas do we have in our innovation pipeline? Crowdsourcing

Employee Engagement Propels Innovation

Planview Spigit

Most companies will agree that innovation is critical to sustaining growth and remaining competitive. Creating a culture of innovation is seen by most business leaders as the number one way to drive innovation for the business.

3 Takeaways from Spigit’s Innovation Forum

Planview Spigit

Spigit recently hosted an Innovation Forum with global consumer goods manufacturer Li & Fung in Hong Kong. An exclusive group of innovation leaders convened for an evening of sharing best practices and in-depth discussions about innovation programs. Here are three innovation takeaways that grabbed our attention. Build an innovation program with employees to solve problems at scale. Create an environment where collaboration and ideation thrive.

What Does an Innovator Look Like?

IdeaScale

We’ve dedicated lots of time to thinking about innovators. What their skill sets are, what traits they possess , and what the profile of innovators is globally. And their key frustrations are senior leadership resistent to change and a lack of budget.

Top Jobs for Innovation Professionals in 2019

IdeaScale

Companies in every industry are accepting that complacency and failure to innovate are tantamount to negligence. Failing to innovate can cause even a large established business to lose ground to competitors that more fully embrace innovation. Innovation Consultant.

Four Ways to Improve Your Creative Confidence

IdeaScale

So, your company is investing in innovation, but do you lack the confidence to be creative? A 2017 Crowdsourced Innovation Report published by IdeaScale noted that more and more companies are embedding innovation initiatives at their organizations.

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. Both culturally and financially.

Four Ways to Improve Your Creative Confidence

IdeaScale

So, your company is investing in innovation, but do you lack the confidence to be creative? A 2017 Crowdsourced Innovation Report published by IdeaScale noted that more and more companies are embedding innovation initiatives at their organizations.

Intrapreneurship – the art of thinking inside the box

The Future Shapers

In 1996 Michael Porter described strategy as leveraging the resources of an institution to maintain a “unique competency”. Innovation” tends to provide more questions “intrapreneurship” is the answer (in my humble opinion). This is crowdsourced, people-focused innovation.

Spotlight: Forbes

Planview Spigit

“Success is more of a bottom-up phenomenon than a top-down one.”. This is a direct quote from a recent Forbes article written by Peter Georgescu, Chairman Emeritus of Young & Rubicam and author of Capitalists Arise!, A comprehensive study conducted last year that revealed how companies can quantify a culture of innovation. Dylan Minor, of the Kellogg School of Management, gathered five years’ worth of data on the creativity of 3.5

How Ignite 2019 Can Help You Deliver Value Through Strategic Innovation

Planview Spigit

Innovation. It’s one of the most important elements pushing organizations forward. In today’s tech-driven society, innovation is more important than ever. Companies that experience long-term success are able to stay in touch with the needs of their customers, constantly innovating so their products and services address those needs. We all know what happens to companies that can’t deliver ongoing strategic innovation. Innovation Spigit

Wazoku Secures New Funding from Barclays

Wazoku

Crowdsourcing specialist Wazoku secures new funding from Barclays to support further development. Wazoku a UK crowdsourcing company and leading provider of collaborative innovation software, has received new venture debt finance from Barclays of £680,000.

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

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.

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

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. Fearing Loss of Control. Fear of Failure.

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)? Poor innovation planning.

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.

Hackathons simplified

hackerearth

When some people hear the word “hackathon,” a wave of intimidation spills over them. However, the majority of hackathons gives developers and programmers free rein to be creative and build something awesome. In fact, it may be one of the most challenging tasks.

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)? Innovation Management

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. What is inclusive innovation? Here, the excluded groups are both producers and customers of innovations.