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.

Can Crowdsourcing Support Your Operational Excellence Strategy?

Qmarkets

Operational excellence is a business principle which is currently supported by a range of process management tools and methodologies, however, these approaches fail to utilize the most valuable resource at the disposal of all large organizations - their employees.

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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. Innovation management is one of the crucial contributors to digital transformation, along with a few other factors. According to 87% of business leaders, digitalization is a top priority. Digitization implies the process of converting data into digital format.

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.

How KBC Bank Used Crowdsourced Innovation to Create Massive Employee Engagement

Planview Spigit

They never see the light of day. On the off chance an idea is shared, it gets lost in translation due to informal processes or too many hoops to jump through to reach a decision maker. KBC Bank, a European bank and financial services leader , is an example of a company that experienced disruption first hand. But instead of sitting idly by, they decided to do something about it. Financial services, like many industries, is going through a tremendous amount of change.

8 Innovative Baby Boomer Knowledge Management and Retention Strategies

Idea to Value

The innovation book Robert’s Rules of Innovation: A 10-Step Program for Corporate Survival presents 10 Key Imperatives your business must take to achieve profitable business growth through innovation in today’s “innovate or die” business world. Even the most brilliant, innovative ideas will become nothing but unfulfilled fantasies if they can’t be properly implemented. Some types of knowledge can only be obtained through actual experience.

Can Crowdsourcing be used to Create Operational Excellence?

Qmarkets

Operational excellence is a business principle which is currently supported by a range of process management tools and methodologies, however, these approaches fail to utilize the most valuable resource at the disposal of all large organizations - their employees. This audience is already delivering results across a huge range of use cases, from disruptive innovation to new product development, so why is it currently being overlooked by operational excellence leaders?

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. The skinny: Renowned innovation leader, management expert, and founder of Strategos Gary Hamel explains which essential parts of the innovation engine you’re probably forgetting.

Agile 55

Building a Culture of Employee-Led Innovation

Planview Spigit

In a recent HR Technologist article , Spigit CEO, Scott Raskin, made the case for why companies need to get employees invested in their innovation and improvement processes – and how to do it. At Spigit, our customers have seen a significant difference in how engaged their employees are when they’re able to collaborate and get involved in the company’s strategy through innovation. The post Building a Culture of Employee-Led Innovation appeared first on Spigit.

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. Innovation can be approached in many ways.

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. Innovation can be approached in many ways.

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.

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 Measure Innovation (To Get Real Results)

Innovators Alliance

Metrics are a combination of art and science. There’s an elephant in the room when it comes to “innovation.” Yet we all throw around terms like creativity, breakthroughs, and disruptive innovation. Innovation is going to shape the future. Some might argue that innovation is impossible to quantify. According to McKinsey , more than 70% of corporate leaders tout innovation as a top three business priority, but only 22% set innovation performance metrics.

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.

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. Poor innovation implementation.

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.

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.

What Are Innovation Solutions?

eZassi

Innovation Solutions. What Are Innovation Solutions? The best solutions tend to be a combination of technology and services. While we tend to think of innovation in terms of new technology, solutions can also come in the form of new types of services that offer improvements on old ways of doing things, meet previously unidentified needs or fill gaps in the market. What Are Innovation Solutions? What are Innovation Solutions?

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.

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. It is an arduous journey, inherently risky.But innovation partners, consultants, and innovation management software offer much promise in this space.

5 Essential Skills for Every Innovation Leader

Qmarkets

Innovation leaders are faced with a very tough challenge, charged with both driving leadership in the traditional corporate sense, but also with facilitating internal innovation, or intrapreneurship, among their subordinates. Canadian thought leader Lynn Sharatt defines innovation leadership as the “process of synthesizing leadership styles to influence employees to produce creative ideas and solutions to the problems that they encounter.”

5 Essential Skills for Every Innovation Leader

Qmarkets

Innovation leaders are faced with a very tough challenge, charged with both driving leadership in the traditional corporate sense, but also with facilitating internal innovation, or intrapreneurship, among their subordinates. Canadian thought leader Lynn Sharatt defines innovation leadership as the “process of synthesizing leadership styles to influence employees to produce creative ideas and solutions to the problems that they encounter.”

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.