How Liebherr Engages Its Customers with Crowdsourcing

HYPE Innovation

This blog post is part of a series on successfully managing open innovation programs. Open Innovation

Open Innovation vs Crowdsourcing vs Co-creation

Wazoku

Various principles and concepts are used for managing research and innovation. You are probably familiar with these buzzwords: crowdsourcing, open innovation and a more recent one, co-creation. Organisations are gradually moving away from traditional work models; they are becoming a lot bolder and more inclusive in their approaches to innovation. As an innovation and idea management company we have witnessed successful use and implementation of these processes.

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The Three Challenges of Crowdsourced Innovation

InnovationManagement

IdeaScale has recently acquired Betterific, a crowdsourcing platform that engages a community of 18,000+ creative problem solvers, design thinkers, and ideators to help you come up with your next big idea. Learn more about how you can tap into this innovative community. The post The Three Challenges of Crowdsourced Innovation appeared first on InnovationManagement. Collaborative Innovation Open Innovation Crowdsourcing Ideation

Open Innovation: A critical success factor when you build your innovation journey

IdeaScale

As a consequence there is not a “one size fits all” solution – each company needs a unique plan to drive innovation and change successfully. However, there are some proven measures with high impact on revenue growth, cost and time savings and improved effects on customer satisfaction – one of them Open Innovation (also known as crowdsourcing). However, successful innovation management goes beyond the research and development department.

7 Incentives to Increase Participation in a Crowdsourced Innovation Program

InnovationManagement

Every year, one question tops all the others that our customers might bring to us: how do I increase engagement in my innovation community? We see this question even in the most robust and activated innovation programs. The post 7 Incentives to Increase Participation in a Crowdsourced Innovation Program appeared first on InnovationManagement. Collaborative Innovation Open Innovation continuous learning Crowdsourcing incentive recognition

So Are You Thinking Crowdsourcing?

Paul Hobcraft

Crowdsourcing does have a real potential in my mind but does seem to have some formidable issues to work through, to be well understood and managed. Certainly, I think over time we will learn what works for us and what becomes leading practice, so we can become a lot clearer on crowdsourcing position and value to us, within our context, terms and circumstances. Continuing with my exploring crowdsourcing. Will crowdsourcing provide predictable outcomes?

So Are You Thinking Crowdsourcing?

Paul Hobcraft

Crowdsourcing does have a real potential in my mind but does seem to have some formidable issues to work through, to be well understood and managed. Certainly, I think over time we will learn what works for us and what becomes leading practice, so we can become a lot clearer on crowdsourcing position and value to us, within our context, terms and circumstances. Continuing with my exploring crowdsourcing. Will crowdsourcing provide predictable outcomes?

Eleven Ways to use Crowdsourcing

Destination Innovation

How are firms using crowdsourcing? Ideascale have published a white paper on crowdsourcing which you can download. This is when you use crowdsourcing to find the solution to a difficult or complex problem. This is the classic way to use crowdsourcing to improve a product or service. Similar to data collection, this involves crowdsourcing onerous tasks that would take your employees too many hours to count. Customer engagement.

Evaluating Crowdsourcing – offering a bright future?

Paul Hobcraft

Crowdsourcing has been growing in interest for some time to change our thinking in innovation discovery. It can hold a key for us to help solve vexing questions, real challenges, and connect different voices, that builds into a community that can combine and open up the fields of opportunity for new solutions. All in all, if applied carefully it can provide you with a leading edge of innovation knowledge and insight. Crowdsourcing must be a powerful concept then?

Companies betting big on open innovation

hackerearth

Open innovation is the use of purposive inflows and outflows of knowledge to accelerate internal innovation, and expand the markets for external use of innovation, respectively. Open innovation (OI) uses a mix of approaches, thereby affording higher responsiveness and flexibility while trying to grow beyond its core business. The free flow, in and out, of ideas and IP promotes innovative ecosystems. Why does open innovation work?

Evaluating Crowdsourcing – offering a bright future?

Paul Hobcraft

Crowdsourcing has been growing in interest for some time to change our thinking in innovation discovery. It can hold a key for us to help solve vexing questions, real challenges, and connect different voices, that builds into a community that can combine and open up the fields of opportunity for new solutions. All in all, if applied carefully it can provide you a leading edge of innovation knowledge and insight. Crowdsourcing must be a powerful concept then?

3 Open Innovation Reports You Need to Read Right Now

Planview Spigit

In the open innovation space, one regularly leads to the other. Read these three in-depth industry reports to find out the new rules of the collaborative economy, why the United States is leading the way in turning customer feedback into innovative products, and what challenges are soon to crop up in crowdsourcing. Companies Leverage Open Innovation Better than China. that are taking innovation initiatives to heart.

From Consumer to Collaborator: A Look at Open Innovation

IdeaScale

This is more than just a way to better understand who shops with you, though; with the right platform, it can be a source of powerful innovation. What Is Open Innovation? Traditionally, innovation in companies has been “closed.” Open innovation reverses this by laying out the project, the process, and the goal to other companies, or the wider public, and welcoming ongoing commentary and discussion. When Should I Use Open Innovation?

Three Interesting Examples of Crowdsourcing in the Financial Sector

IdeaScale

Crowdsourcing can add up in surprising ways. Can finance benefit from crowdsourcing? While open innovation and crowdsourcing are incredibly popular in other industries, the financial industry is necessarily more conservative about the technology it uses and the consumers it listens to. But crowdsourcing has undeniable benefit for the financial industry if done with an eye to its specific needs, and with a little out-of-the-box thinking.

Open Innovation: Your Guide to Harnessing and Managing the Best Ideas

IdeaScale

Open innovation allows everyone to compete equally, whether their development budget is large or small. What is Open Innovation. Open innovation is a paradigm shift that assumes organizations can and should use external ideas as well as internal ideas to determine as path to market and advance technology. Why Open Innovation is an Equalizer. Employee Open Innovation : Dick’s Sporting Goods was a runner-up in the 2016 Innovation awards.

What Innovation Funnel Should I Use?

InnovationManagement

After a decade working in innovation, I think many of us are sick and tired of seeing a funnel on another slide at an innovation conference. The post What Innovation Funnel Should I Use? appeared first on Innovation Management. Collaborative Innovation Open Innovation Crowdsourcing customer engagement customer experience Employee Engagement innovation funnel process improvement Product Development workplace experience

IdeaLab: A New Kind of Open Innovation Platform

Collective Innovation

Open innovation means allowing everyone a voice at the table. Each individual has a unique perspective to add and can identify opportunities and problems that you otherwise may not see with the traditional closed innovation model. At Collective Innovation our focus has always been on increasing engagement, since your personal and organizational success is based on the buy-in and active participation of your community.

Essential Steps Toward Open Innovation Success

eZassi

The goal of open innovation is to allow organizations to collaborate with external resources to advance their technologies. Crowdsourcing. You need a strong cyber scouting tool that challenges and engage your target collaborators as well as filters ideas to assure the best concepts are captured. Innovation Integration. An automated assessment and analytics tool supports innovation integration, making the process seamless to your existing system.

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 found that four factors were particularly important for success with innovation and growth. Engagement – the more active participation by people the better. They measured engagement by the level of peer voting on ideas – on average this is about 5 votes per user per year.

Using Innovation to Improve Your McKinsey Organizational Health Index Score

InnovationManagement

The post Using Innovation to Improve Your McKinsey Organizational Health Index Score appeared first on InnovationManagement. 2020 proved just how important our relationships to banks and credit unions are as they worked to rapidly respond to the changing financial needs of their customers.

Identifying the Value of Crowdsourcing: A Talk with Dr. Zoe Szajnfarber

IdeaScale

Traditional approaches to creating innovation strategies are no longer providing effective solutions. Instead, companies are adopting a way of solving problems known as open innovation. One method for practicing open innovation is through crowdsourcing, the process of sharing ideas across industries to solve a common problem. Defining Open Innovation. Dr. Szajnfarber characterizes innovation as coming in different forms.

Spigit Customer Spotlight: Crowdsourcing Safety with PUSD’s InnovationU

Planview Spigit

Crowdsourcing innovation is one of today’s most powerful tools for effecting real, lasting change. It was exactly this benefit that led the Poway Unified School District of California to develop their InnovationU program, backed by Spigit , to crowdsource ideas for improving the safety and security of all students and staff district-wide. Crowdsourcing Safety Solutions from Unexpected Sources. An Open Innovation Community.

5 Ways to Unlock Your Open Innovation Ecosystem

100%Open

Many of the world’s most successful companies and organisations are building open innovation platforms and communities and repositioning their brands as part of a global innovation network. Many crowdsourcing technology companies like to sell long term licenses which makes sense for them but does it make sense for you? And lastly don’t be fooled into thinking that open innovation ecosystems are about getting something for nothing.

33 Routes to Open Innovation

Open Innovation EU

It has been a while since Henry Chesbrough coined the term Open Innovation and formulated it’s definition: “combining internal and external ideas as well as internal and external paths to market to advance the development of new technologies.” In the course of time, the terminology surrounding Open Innovation has evolved alongside developments in management literature and practises. Route 4: Collaborative Innovation. Route 12: Open Business.

Wazoku acquires US open innovation leader InnoCentive and raises additional £1.25M to support global growth

Wazoku

Idea management scaleup creates unique proposition for crowdsourcing, idea management and open innovation on one platform London, United Kingdom. Wazoku is also continuing its expansion with the acquisition of US open innovation firm InnoCentive’s assets, in doing so creating the world’s most comprehensive and powerful innovation platform and community. Wazoku now provides the world’s biggest innovation community and broadest innovation offering.

5 Principles of Writing Good Crowdsourcing Challenges

100%Open

Writing effective questions for a crowdsourcing community is an art as well as a science. Here are 5 top tips that we’ve learned to help create an interesting, engaging, productive and innovative challenge: A Need not a Want – Successful crowdsourcing usually tackles challenges that are both interesting and important to our organisation. Good crowdsourcing challenge questions occupy the middle ground and are clearly answerable.

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.

Crowdsourcing: An Innovation Tool to Overcome the Limits of Remote Work

Qmarkets

Corporate Innovation: A Victim of Remote Work? Corporate innovation will not be spared the troubles of adjusting to the “new normal.” ” As a former Googler, Mayer knew that innovation requires collaboration, and both thrive on serendipity. crowdsourcing ?as

Iowa Department of Transportation Selects Qmarkets Platform for Cross-Functional Idea Crowdsourcing Initiative

Qmarkets

Iowa DOT has announced the successful deployment of Qmarkets’ innovation management software, with the launch of their Research Ideas Website. Utilizing Qmarkets ’ field-proven best practices, DOT tailored the idea crowdsourcing platform to follow a simple four-step process.

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? More ideas mean a better chance of bringing something truly innovative to the surface. What is Crowdsourcing for Innovation? What is Crowdsourcing for Innovation?

RSA crowdsources opinions on economic policy using Wazoku

Wazoku

To give people a forum in which they can express their thoughts, RSA is using an ‘ideas platform’ by Wazoku , the crowdsourcing company, which can be easily accessed online. This is a fantastic example of how ideas can be drawn easily through crowdsourcing from a wide group of disparate people on vital issues that could affect our future,” said Simon Hill, CEO at Wazoku. The post RSA crowdsources opinions on economic policy using Wazoku appeared first on Wazoku.

Open Innovation: How the United Nations is Changing the World by Collaborating with It

Planview Spigit

To better understand complex and connected challenges in the developing world, the United Nations (UN) , the international organization tasked with bringing nations together, turned to Spigit to power their open innovation challenge , #SDGInsights. SDGInsights is one of many idea challenges open to the public the UN has ran since launching their ideation program, Unite Ideas. Why is the UN leveraging open ideation? External Innovation

Formula 1 is Crowdsourcing Novel Viewing Experiences

IdeaConnection

The “Tata Communications F1 Innovation Prize” is offering $50,000 to the person who comes up with the best way to improve broadcasts of races and how they are enjoyed by viewers. “We’re “This is the next level of fan engagement and the closest you will get to racing with me on track,” said World Champion Lewis Hamilton. Submissions will be judged according to the following six criteria: Innovational and creativity. Calling all petrol heads.

Charleston Police Department Launches Digital Citizen Engagement Platform

Qmarkets

Community engagement has been a major challenge across the nation during the COVID-19 pandemic. With a client base that includes large companies such as Ford, Intel, and PMI, Qmarkets is regarded as a leader in the field of idea and innovation management.

An Innovation Market Can Find Your Next Winner

Destination Innovation

But if you do not have such an app or you just want something more immediate and engaging then try setting up an innovation market. What sorts of innovations does the organisation need? The post An Innovation Market Can Find Your Next Winner appeared first on Destination Innovation. Brainstorming and Ideation Open Innovation & Crowdsourcing idea selection innovation market suggestions scheme wisdom of crowds

Digital Civic Engagement in the age of Covid-19, BLM, and Economic Recovery

Qmarkets

This year has given communities a lot to say and governments’ plenty to address, pushing civic engagement into the front of many minds. Why Exactly is Civic Engagement Important? This graph from the OECD represents the main objectives on why countries adopt open government strategies.

Digital Civic Engagement in the age of Covid-19 and Black Lives Matter, and Economic Recovery

Qmarkets

This year has given communities a lot to say and governments’ plenty to address, pushing civic engagement into the front of many minds. Why Exactly is Citizen Engagement Important? Expanding participation to include the marginalized will positively increase an engaged citizenship.

Crowdsourcing: An Innovation Tool to Overcome the Limits of Remote Work

Qmarkets

Corporate Innovation: A Victim of Remote Work? Corporate innovation will not be spared the troubles of adjusting to the “new normal.” ” As a former Googler, Mayer knew that innovation requires collaboration, and both thrive on serendipity. Crowdsourcing to the Rescue?

Tools 52

The Growing Value in that Crowd- Encourage it Out.

Paul Hobcraft

The use of crowdsourcing : the goal for me, is to engage and move the crowd towards a new direction, by encouraging out individual thinking and discovery, searching for combining these contributions; ones that lead to novel, new answers that move a challenge forward into a solution, one that has improved value over the existing. This is the third post on crowdsourcing that might offer some general background statements. Crowdsourcing can be powerful if harnessed well.

The Growing Value in that Crowd- Encourage it Out.

Paul Hobcraft

The use of crowdsourcing : the goal for me, is to engage and move the crowd towards a new direction, by encouraging out individual thinking and discovery, searching for combining these contributions; ones that lead to novel, new answers that move a challenge forward into a solution, one that has improved value over the existing. This is the third post on crowdsourcing that might offer some general background statements. Crowdsourcing can be powerful if harnessed well.

Introducing…CauseTech!

IdeaScale

A new global innovation ecosystem will soon make its debut. You can also see examples of innovations that are already working to improve these situations, including a self-powered streetlight and a water generator that produces drinking water from air. UNICEF is joined in partnership by the Business Performance Innovation (BPI) Network and the Global Renewable Energy & Environmental Network (GREEN), as well as a number of other esteemed partners and affiliates.

That sudden surge within the crowd

Paul Hobcraft

Crowdsourcing often taps into these rushes of energy , insights and excitement The goal here is to move the crowd towards a new direction in our collective thinking to solve a problem. Crowdsourcing is going one better. Yet in crowdsourcing you go one better, you are the one performing, you are participating and delivering your ideas, thoughts, solutions. The concern for me is as we have this greater access to technology, crowdsourcing is spawning everywhere.

One Weird Thing About Customer Satisfaction

IdeaScale

Perhaps their most effective strategy was the extensive planning and design surrounding the implementation of the innovation initiative. Not only did they have a system in place for gathering and evaluating ideas, they also created a comprehensive strategy to stimulate internal engagement. To read more about how Banchile Inversiones enacted their innovation campaigns, and about the five new projects which were implemented, download our recent case study here.