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Open innovation & crowdsourcing resources

Board of Innovation

Open innovation & crowdsourcing resources. Open Innovation, crowdsourcing, co-creation… overlapping terminologies to describe a trend towards more open business models and a closer collaboration with customers. Explainer video generators.

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The Innovation Hotline: How Colruyt Group is Championing Intrapraneurship with Collaborative Idea Generation

Qmarkets

Often times, the most successful and innovative companies stem from the humblest of origins. Its rapid expansion from a small, family-run wholesale goods business in 1928 into a multinational conglomerate with 30,000 employees, can be attributed in part to the creative – and ingenious – ways it has crowdsourced ideas from employees. The Innovation Hotline – From ‘Green Telephone’ to IDnet. Qmarkets was the best match for this idea flow process.

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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 24: Open Data.

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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. This paradigm] assumes that firms can and should use external ideas as well as internal ideas, and internal and external paths to market, as they look to advance their technology.” ( Henry Chesbrough, 2006 ). Why does open innovation work? Innovation Management

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Crowdsourcing and Smart Cities: A Winning Combination

Qmarkets

Embedding crowdsourcing and innovation management into the Smart Cities initiative could be what makes the difference. the natural evolution of the course should be smart, or digital, government that not only enables more efficient engagement between its personnel but also upgraded contact with the people, including value-generating services. It’s no secret that most of the tech innovation and digital disruption takes place in the private sector.

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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. in order to get the most relevant and pertinent feedback on your ideas.

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Shell Gamechanger – A Supertanker of Innovation

Destination Innovation

Its mission was to deliver innovative options that have the potential to drastically impact the energy future. They encourage ideas from within and without Shell. The criteria they use in evaluating ideas are as follows. Novelty – is the idea fundamentally different? Value – could the idea generate substantial new value? Since it started it has received over 10,000 ideas and helped over 1700 innovators around the world.

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To accelerate innovation, focus on culture

Jeffrey Phillips

There's an old joke about perspective and laziness I love and have used before on this blog, because it illustrates many of the challenges (and opportunities) of corporate innovation. This analogy aligns so well to what corporate America does when it comes to a focus on innovation - intent discovery on things that don't matter, while purposefully ignoring the factors that must change to make innovation successful.

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Exploring frameworks and methods you need to know as an Innovator

Paul Hobcraft

Recently, well actually, over the past twelve or eighteen months, I was asked to explore and explain different frameworks that the innovator might need to know or at least have an opinion upon. Some of these investigations or explanations were fairly long so I decided to not reproduce them here but to have an opening summary and then set up the links onto their site for you to read the ones that are of interest or curiosity to you.

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50 Research Methods for Innovation Infographic

Open Innovation EU

After having a successfull career at Holst Centre, Valer decided to start his business with just a small idea: solving unwanted urine loss. He was working on this idea at Holst Centre, but after meeting co-founder Julia Veldhuijzen, Valer and she decided to start up their own business and create specialized medical underwear to help 400 million women worldwide. Based on these parameters, you, as an innovation researcher, could make a elaborated choice on which method to use and why.

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Qmarkets Provides Award-Winning Innovation Engine for Hyundai

Qmarkets

Leading automotive manufacturer Hyundai Motor America launched its BIG (Better Idea Generator) campaign – driven by Qmarkets innovation management software. Fountain Valley, California, October 15th, 2018- Hyundai Motor America has rolled out the Big Idea Generator (BIG) campaign as part of an annual drive to tap into the innovative potential within their organization. The top ideas are further developed and evaluated by executives.

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Qmarkets Provides Award-Winning Innovation Engine for Hyundai

Qmarkets

Leading automotive manufacturer Hyundai Motor America launched its BIG (Better Idea Generator) campaign – driven by Qmarkets innovation management software. Los Angeles/DATE- Hyundai Motor America has rolled out the Big Idea Generator (BIG) campaign as part of an annual drive to tap into the innovative potential within their organization. Hyundai has long been on the cutting edge of automotive innovation.

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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. With the right tool, the idea generation, implementation and evaluation, and market tracking phases can be managed to create successful business outcomes. What is innovation management software (IMS)? Why do companies need innovation management software?

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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. With the right tool, the idea generation, implementation and evaluation, and market tracking phases can be managed to create successful business outcomes. What is innovation management software (IMS)? Why do companies need innovation management software?

Roadmap 40
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Why is collaboration vital for innovation?

hackerearth

A couple of years ago, there was an article in Forbes which said, “innovation is often produced over time with a lot of collective sweat equity by many people.” It is hard to put it any better—but there is rarely innovation that hasn’t its origins in collaboration. Innovation and collaboration aren’t separate. Collaboration drives innovation and value creation, thereby helping businesses create wealth. The scope of stakeholders for innovation is expanding.

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Rules of enterprise innovation

hackerearth

We know from our history that while promotions may win quarters, innovation wins decades.”. But for an innovation program to be efficient and successful, there are certain guidelines or best practices an organization needs to abide by. These is a reason why in some companies, such as Facebook and Google, even interns come up with ideas that are rolled out to millions of users. These companies understand that good idea can come from anywhere. Embrace Open Innovation.

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‘Innovation’ overused but critical

HunchBuzz

Is ‘Innovation’ simply an overused, catchall buzzword that suppliers have latched onto to effectively position themselves with prospective clients? Perhaps there is some truth here, but isn’t innovation essential for survival? Therefore an innovation strategy would seem fundamental for ongoing success, yet there aren’t a lot of signs that they exist? There are those who say companies have two choices: innovate or stagnate? Healthy staff leads to success and innovation.

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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.

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Gartner Research Insights: 5 Innovation Hacks to Boost your Digital Return

Qmarkets

Hackathons, internal innovation programs, open innovation, technology acquisitions…these days it seems like everyone is jumping onto the innovation bandwagon. How is innovation best performed? Can guidelines for innovation be created? The survey presented five key innovation practices which delivered the highest improvements in performance. CROWDSOURCING. Once upon a time innovation was a technique practiced by lone inventors.

Survey 40
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Gartner Research Insights: 5 Innovation Hacks to Boost your Digital Return

Qmarkets

Hackathons, internal innovation programs, open innovation, technology acquisitions…these days it seems like everyone is jumping onto the innovation bandwagon. How is innovation best performed? Can guidelines for innovation be created? The survey presented five key innovation practices which delivered the highest improvements in performance. CROWDSOURCING. Once upon a time innovation was a technique practiced by lone inventors.

Survey 40
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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. Creating new business models or value propositions, enhancing the efficiency of existing businesses, and sustaining growth in a complex competitive and fickle landscape—that’s innovation.

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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? Either way, businesses need to identify where they are going wrong because innovation as a business strategy is here to stay. For survival, innovation is almost obligatory (Drucker, 1999). An innovation process “connects upstream idea valuation to downstream production and release to market.” Like any business function, innovation can be managed.

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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? Either way, businesses need to identify where they are going wrong because innovation as a business strategy is here to stay. For survival, innovation is almost obligatory (Drucker, 1999). An innovation process “connects upstream idea valuation to downstream production and release to market.” Like any business function, innovation can be managed.