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The Hidden Culture Benefits of Crowdsourced Innovation

InnovationManagement

Crowdsourcing ideas has a number of different virtues: from improving the likelihood that you’ll source disruptive ideas to lowering the overall program costs of running an innovation program… but there are some other cultural benefits to a crowdsourced innovation program.

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

IdeaScale

The company owns online Capella University and Strayer University, as well as non-degree programs schools such as DevMountain, Hackbright Academy, and Sophia Learning. So let’s learn more about their program. How to innovate around racial equality in education?

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? Knock Your Innovation Program Out of the Park

Planbox

Innovation, for all intents and purposes, plays a similar function in the corporate setting because it engages your workforce in the same way sports do, as employees are brought together to participate in something bigger than themselves. Innovation is not immune to failure.

6 Steps to Getting Executive Buy-In for a Crowdsourced Innovation Program

Planview Spigit

Engaging the “crowd” at scale in your innovation initiative has been proven to fundamentally transform companies. In fact, Gartner recently named crowdsourcing as the most effective independent discipline that CIOs can adopt to drive digital transformation. From vehicle manufacturer, Polaris, leveraging its employees’ creativity to out-innovate the likes of Harley Davidson, to the UNHCR changing the lives of millions of refugees through crowdsourcing ideas.

Crowdsourcing During a Pandemic and Different Innovation Roles

IdeaScale

Overview: In 2017, Davidson College redesigned its innovation program for more transparency, engagement, and democracy. Building An Inclusive Innovation Practice.

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

Crowdsourcing Case Study: Polaris Industries

Planview Spigit

Polaris Industries’ crowdsourcing case study is inspiring people both internally and externally—and their story is still relevant today. We’re proud to have an innovative culture. Through their Ideate Innovation program, which the team uses to surface and develop ideas and turn them into award-winning products. But the company’s existing “innovation” process was entirely manual, making progress fragmented, expensive, time-consuming, and siloed.

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 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

Capgemini Report on Innovation Centers: Top 5 Takeaways

Planview Spigit

Innovation has never been as misunderstood, challenging, expensive, or transformative as it is today. Many companies are turning to innovation centers — physical hubs where people can gather to design, build, and test products — to complement the crowdsourcing software (like Spigit ) that enables their overall programs. Here are our top 5 takeaways on innovation centers from a recent report released by Capgemini.

Spigit Product Release Employe Engagement

Planview Spigit

Meanwhile, research shows that investments made by organizations to increase employee engagement have barely had an impact over the last 15 years. $7 7 trillion in costs and employee engagement stagnation for the past 15 years…the status quo isn’t working for companies to say the least. From turnover to absenteeism, businesses are suffering from the lack of engagement from their employees a different approach needs to be taken to stop the bleeding.

How to manage communication in your innovation program

ideas4allinnovation

Communication is essential if an organization wishes to engage its employees in its corporate innovation program, while also aligning participation with the organization’s objectives. Nor will all ideas generated in the program have an impact on the corporate income statement.

Crowdsourced Innovation Management Survey: Participate in Valuable Industry Research

Planview Spigit

If you are reading this blog, you know that ideation and engaging the power of the crowd is at the heart of any innovation program. Planview Spigit is conducting the fourth annual State of Crowdsourced Innovation Management survey and study. The purpose of the survey is to gather data that highlights industry insights around ideation and crowdsourced innovation programs. The 2018 State of Crowdsourced Innovation Findings.

How KBC Bank Used Crowdsourced Innovation to Create Massive Employee Engagement

Planview Spigit

Sofie Blockx, Head of Corporate Change & Culture at KBC, said it best, “The financial services industry is at a tipping point. To do that, we must understand our customers’ needs, which means having all of the information we can get from the employees that directly engage with them.” Knowing this, KBC launched an innovation program that would energize the company and its entire workforce. KBC, in fact, wanted innovation to be part of its DNA.

JAMES GARDNER: How to Succeed at Crowdsourcing Innovation

Planview Spigit

Spigit CTO James Gardner, who this week is presenting at the Chief Innovation Officer Summit in NYC , knows a thing or two about how to be successful at crowdsourcing innovation. With an extensive background in building innovation programs from the ground up, Dr. Gardner is adamant that a primary problem existing for business leaders — especially those that are savvy enough to fear becoming disconnected — is the motive behind wanting to engage employees.

Listening to your employees can give you more innovation, but also more engagement

ideas4allinnovation

Today, employees are the main resource* a corporation can count on to obtain new ideas for their innovation strategy. Technology and crowdsourcing: more ideas, innovation and engagement. Working on employee engagement is key in making employees part of innovation. .

Practical Ways to Improve Employee Engagement

Planview Spigit

Editor’s note: Last month, Maggie Riad, VP of Innovation Strategy at Spigit, held a webinar: ‘10 Ways to Increase Employee Engagement in your Innovation Program’. Q: How do we make it easier for employees to understand how their engagement affects our innovation program? MR: This may take some time to develop within the company culture. Q: How specific should innovation challenges be to get a high level of engagement?

Spigit Webinar: Embedding Innovation into Company DNA, Featuring Cambia Health

Planview Spigit

Because of that, it should go without saying that the primary focus of this industry is, then, people — their experiences as doctors, patients, and other healthcare stakeholders — and innovation efforts should support that. The Innovation Force. Enter the Innovation Force, Cambia’s internal innovation program powered by Spigit crowdsourcing software. In other words, they have a deep commitment to people-focused innovation.

Crowdsourcing and Smart City Innovation: A Winning Combination

Qmarkets

The evolving trend of smart city innovation is one that governments should be wholeheartedly embracing, but as with many government initiatives, seems to be having a hard time getting off the ground.

Successful Innovation Means Finding Time to Make Decisions

KindlingApp

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.”. Creativity is coming up with multiple ideas to solve an issue, whereas Innovation is the one which becomes a commercially viable [idea] of value”. Innovation is making that idea useful or taking it to market.”.

Organize to Prioritize Innovation

KindlingApp

When an organization decides to invest resources, time, and energy in an innovation program, management is making a calculated bet about their teams' ability to identify and solve problems to grow the business—but there's not always a concrete purpose or hurdle against which the innovation program is supposed to act. How can an innovation program find its purpose? Crowdsource Your Crowdsourcing Goals. Innovation is hard.

My Innovation Management Summer Reading: Ideas are Free.

KindlingApp

I was introduced to these innovation management resources a few months ago when two clients, both referencing The Idea-Driven Organization , came to Kindling looking for a software solution to evolve their innovation strategy. If you are interested in crowdsourcing ideas from your department, looking for a better way to take action on good ideas , or believe there is room for simple process improvements within your organization, this book remains relevant as ever.

4 Tips on Defining Success from Innovation Enterprise Interview with Metlife’s John Geyer

Planview Spigit

Over the weekend, we watched an awesome Q&A between Innovation Enterprise and Spigit customer Metlife ’s John Geyer. As Metlife’s Senior VP of Innovation, Geyer spends quite a lot of his time thinking about intelligent design and collaboration, and just about everything he does is in an effort to drive innovation deeper into the DNA of one of the world’s leading life insurance companies. Here’s what we learned about what it means to have a successful innovation program.

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When Does Creativity Become Innovation?

KindlingApp

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. A creative idea that doesn’t get off the ground—or out of someone’s head—is not an innovation. If creativity is about having ideas, innovation is more about having valuable ideas. Innovative ideas are ideas that have an impact. You’ve fostered a creative culture.

Deadline for the 2018 Innovation Management Awards Extended

IdeaScale

IdeaScale is offering innovators from around the world an extra week to complete their submission for the Innovation Management Awards. This is our fifth annual award series and we honor winners in three categories: best innovation engagement strategy, best innovation process, and best innovation. Well, every year we ask our customers what it is that they would most like to learn about in order to support their programs. Engagement.

Catch Up on IdeaNation 2019 Interviews in the New Year

IdeaScale

Each year, IdeaScale meets with innovators from all over the globe who gather to share best practices on the management and delivery of ideas. The topics are diverse and offer valuable insight into what it takes to innovate in the ever-changing technological landscape of today.

CTO James Gardner: “Innovation is an Optional Activity”

Planview Spigit

Spigit’s Chief Technology Officer, James Gardner, is no stranger to innovation. But if his start in financial services taught him anything, it’s that crowdsourcing innovation — at major healthcare institutions, financial services providers, and even automobile manufacturers — is the most effective way to discover new ideas and make them a reality. How to Succeed at Crowdsourcing Innovation. ” Innovation is Everyone’s Job.

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. The skinny: Gamification is the use of game mechanics to drive user engagement. TEDx Berkeley: The Art of 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. In their report, dubbed The Total Economic Impact of an Innovation Program Driven By Spigit , Forrester reveals their findings. How does an innovation program driven by Spigit impact a company’s bottom and top line? Growing their program without having to hire additional staff. Strategic, systematic approach to innovation.

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.

What’s on the Minds of Innovation Executives?

Planview Spigit

One session in particular that gave a unique perspective into the minds of executives was the executive panel moderated by Innovation Leader’s Kelsey Alpaio. Chris Morris, Chief Innovation Officer, Herbalife. The key to addressing cultural barriers to innovation. One note about executive buy-in: As an innovation leader, it’s important to know how the program you run and challenges you launch map back to your company’s overall strategy. Crowdsourcing

How Innovation Management Contributes to The Success of Digital Transformation

Acuvate

Innovation management is one of the crucial contributors to digital transformation, along with a few other factors. Digital innovation is driving increasing interconnection, giving unprecedented access to capabilities, resources and talent on a global scale. Among other domains which are taking their best bite in the digital transformation are tools and applications in the field service sector, predictive maintenance, and crowdsourcing. Understanding innovation management.

Top 10 Takeaways from Spigit’s Ignite 2018 Conference

Planview Spigit

With so many innovation leaders from some of the largest companies in the world in attendance, there was no shortage of opportunities to learn. Crowdsourced innovation programs are maturing. They’re now putting more focus on the impact their programs are having on their company’s bottom line. Frequent communication is an absolute must for successful crowdsourced innovation programs. Culture drives exponential change. Crowdsourcing

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. The metrics are segmented by the different phases of innovation: Sourcing.

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. They have a team dedicated to implementation and they use incentives to increase 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. From the start, program managers should be thinking about direct financial value. Innovation

Tips 46

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.

IM Award Lessons: Improving Employee Experience Through Innovation

IdeaScale

Every year, IdeaScale hosts the Innovation Management Awards to award organizations who have demonstrated a level of sophistication in their innovation strategy that has had a measurable impact on their business. Innovation is extremely vital to our organization.

System 130

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.

The Four Types of Innovation Metrics

Imaginatik

Innovation metrics are hard. Casual observers typically assume that innovation, as a “fuzzy” art, can’t be measured at all. This is an unfortunate belief, because it unduly complicates innovation’s crucial role in driving firm-wide value. Although measuring innovation is possible – and necessary for success – it’s still a touchy subject for most innovation leaders. Innovation is new to the business and ambiguous. Innovation is inherently unknown.

Calculating the ROI of an Idea: Ideas That Saved Time

IdeaScale

Crowdsourcing and open innovation initiatives are vital by bringing vast stakeholders together to share ideas on complex problems and opportunities. Much of the focus is set on engaging the crowd yet deciding which ideas to take a risk on requires data on the likely impacts and costs.

The Innovation 'Function'

Imaginatik

Innovation” is often discussed in terms of the “idea” as the product and the formation of that idea as somehow unique and ineffable …. In that vision of the “innovation funnel” the idea is at the end… the goal. At Imaginatik, we call this the “fluff and magic” vision of innovation where value can only be created by anointed innovation/design Shamans toiling in exposed brick and beam lab/temples. Any organization can be innovative.