Remove Crowdsourcing Remove Culture Remove Culture of Innovation Remove Engagement

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. Employee engagement.

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. However, for this culture to exist, employee engagement is imperative. A culture of innovation relies on employee engagement and a shared vision for a company’s success. Employee Engagement

Insiders

Sign Up for our Newsletter

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

6 Secrets to Creating a Flourishing Culture of Innovation in Your Organization

Qmarkets

Fostering an innovative environment in your organization can be key to growing your business and developing opportunities in ways you have not yet even considered. An Accenture study found that over 90% of executives believe that innovation is central to the long term success of their business strategy. Here are six critical keys to getting your team up and innovating as an intuitive element of your company's DNA: Open Communication Between All Company Levels.

6 Secrets to Creating a Flourishing Culture of Innovation in Your Organization

Qmarkets

Fostering an innovative environment in your organization can be key to growing your business and developing opportunities in ways you have not yet even considered. An Accenture study found that over 90% of executives believe that innovation is central to the long term success of their business strategy. Here are six critical keys to getting your team up and innovating as an intuitive element of your company's DNA: Open Communication Between All Company Levels.

Culture: Innovation’s Biggest Challenge

IdeaScale

We asked our customers what their number one priority was for the coming year and the leading priority was: culture. We thought that maybe our customers would be focused on generating new ideas, implementing new ideas, understanding the value of new ideas, but in the end it came down to the environment those ideas lived in – an organization’s culture. But culture is multifaceted and a quality innovation culture influences a number of different things.

Using Crowdsourced Innovation in the Real World

Planview Spigit

Having a well-defined innovation strategy is more important than ever. To keep up with the modern professional landscape, companies must create an innovation culture that constantly looks for new ways to meet the needs of the customer. One way to do that is through crowdsourced innovation. Executives and stakeholders can lose touch with their customer base and, despite their best efforts, fail to innovate. Crowdsourcing Innovation Effectively.

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.

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.’ ’ Northwestern University’s Kellogg School of Management carried out a study of data from 154 corporate customers of Spigit over a five year period. They found that four factors were particularly important for success with innovation and growth.

How KBC Bank Used Crowdsourced Innovation to Create Massive Employee Engagement

Planview Spigit

They never see the light of day. 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. Consumer behavior has changed demanding more personalization, convenience, and ease of use from the products and services they use. Innovation

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. Forrester also claims that 53% of global services decision-makers are investing in emerging innovation and idea management technologies to drive innovation. What is innovation management? So why not ignite the culture of ideation among employees?

How we cultivate sustainability and help our customers do the same

Wazoku

Connect, is our customer co-creation community, we use this instance of our product as a forum dedicated to our customers and partners to discuss best practices, share use cases, adopt new product functionality – and – most importantly, share valuable knowledge between one another. We know that by crowdsourcing ideas within a business’ ecosystem and engaging different minds, internal and external to an organisation, it can bring about great change.

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 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 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. It’s a great “on-boarding resource” for people new to of collaborative innovation. 26 Disruptive Tech Trends for the Rest of the Decade. The skinny: Phil McKinney is THE innovation podcast guy.

4 Companies With Jaw-Dropping Innovation Case Studies

Planbox

These innovation case studies will uncover a secret weapon that your organization might not be leveraging to its fullest! It’s amazing to think that a lot of organizations still don’t realize they’re sitting on a mountain of untapped potential. Lots of ideas.

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.

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

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 quantify the complete value of Spigit’s ideation management, Forrester analysts conducted in-depth interviews with business leaders from five long-time customers in order to measure the total economic impact over four years. This economic model was used as the foundation of theTotal Economic Impact (TEI) model. Creating a robust pipeline of ideas.

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 address this, Spigit commissioned Forrester Consulting to conduct an independent study examining the value customers receive from implementing an innovation program that leverages Spigit’s enterprise innovation management software. To quantify the complete value of innovation program that leverages Spigit’s. Crowdsourcing

Why ignoring your workforce could be damaging your innovation output

Idea Drop

Listening and acknowledging the input from everyone across your organisation is key, not only for staff engagement but also to ensure that the business grows and evolves at the right pace and in the most appropriate direction. Internal crowdsourcing is cost effective and represents a proactive approach to innovation. The benefits are clear and abundant, so why are executives continuing to overlook the innovation potential harboured in their workforce?

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.

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. Communication is key for consistent engagement. Moral of the story?

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.

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.

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. Communication is key for consistent engagement. Moral of the story?

4 Reasons Why Defining Goals is Critical to Successful Ideation Challenges

Planview Spigit

I’ve been working with several ideation program managers recently to launch their first crowdsourcing challenge and noticed that many try to bypass the step of defining goals. At Spigit, we help some of the most successful companies in the world drive their innovation agenda and create cultures of innovation through ideation. In fact, one of the key drivers of engagement is purpose and knowing that you’re contributing to a meaningful goal.

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. But we recently took a look at our own data and developed two profiles of our own: The profile for the crowd innovation administrator: Most of IdeaScale’s administrators were in their mid-thirties and at the managerial level. The post What Does an Innovator Look Like?

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

3 Tips for Measuring the Impact of Your Innovation Platform

Planview Spigit

When the metamorphosis includes an innovation platform, leaders are typically left to determine not only how to leverage the solution, but also how to measure its impact. Crowdsourced innovation” —the process of inspiring, collecting, and accelerating ideas from the “crowd,” such as your employees, partners, and customers, at scale—has proven to be incredibly effective. The post 3 Tips for Measuring the Impact of Your Innovation Platform appeared first on Spigit.

Tips 46

5 Things You Need to Know About Collaborative Innovation Software

Planbox

Collaborative innovation software brings purpose, focus, and structure to collaboration to help you turn ideas into commercial value. Understanding the importance of collaboration really is a no-brainer: people and business units alike need to share information and work together.

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. 53% of the innovation programs are focused on leveraging the collective wisdom of employees. The report list below the six innovation priorities that companies are focusing on in 2017.

Introducing LaunchPad, Strategic Education, Inc.’s (SEI) Latest Innovation Program

IdeaScale

For these forward-thinking universities, innovation is integral because it helps them to differentiate in a crowded education vertical and it helps to make them unique. Many departments across both Universities had their own siloed process of gathering ideas. Strategic Education, Inc.,

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. 53% of the innovation programs are focused on leveraging the collective wisdom of employees. The report list below the six innovation priorities that companies are focusing on in 2017.

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.

Spigit Advances Platform Flexibility to Support Even Wider Variety of Use Cases

Planview Spigit

Over the last 11 years, to meet those ever-changing needs, we’ve seen crowdsourced innovation evolve into a key component in corporate strategies. Companies are leveraging crowdsourced innovation to achieve a number of business goals, including: Creating a culture of innovation. Engaging employees. Engagement in an innovation program is crucial for success. Best of all, this is all within one solution.

When Does Creativity Become Innovation?

KindlingApp

There’s a lot of emphasis in the idea management world on being creative—see Fast Company’s Most Creative People in Business 2015 , for example—but it’s not always obvious that being creative is only step one. Innovation requires creativity, but creativity on its own isn’t enough to move a company forward. To be truly innovative, we need to harness and structure the creativity that we already have. Innovative ideas are ideas that have an impact.

The 3 Most Common Questions about Idea Management Software

IdeaScale

I’ve been on thousands of prospect calls. Though much has changed on our tool and in the innovation space, these questions are just as prevalent as they were in 2011. While a few of our clients have dedicated FTE running their community day-to-day, a far more common scenario is a small group of Moderators dedicating an hour a week or a few minutes per day. . It may take some time to find the right balance of moderation for your community.

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.

6 Key Takeaways from the 2016 Chief Innovation Officer Summit

Planview Spigit

Last week was Innovation Enterprise’s Chief Innovation Officer Summit (CINO) held in San Francisco. Hundreds of innovation practitioners from different industries and with varied levels of experience came together for two-days of learning and sharing. The likes of Google, Qualcomm, Boeing, and Wells Fargo were among the diverse set of brands in attendance – and of course Spigit was there as Gold Sponsor. Innovation

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. A total of £2.3m We are an early adopter of this new offering from Barclays and delighted to have secured their support,” commented Simon Hill, founder and CEO at Wazoku. “We

Modern leadership styles and innovation: The boss doesn’t always know best!

Wazoku

For many modern businesses, the concept of the boss is somewhat outdated. But that’s about the only similarity with the traditional role of boss. All these things help to create a culture that people buy into and such a flat structure is fundamentally important to what we are and what we are trying to achieve. The nature of modern leadership. The old adage of ‘many heads are better than one’ has proved to be accurate and highly applicable to modern business.