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The Pitfalls of Crowdsourcing: How to Overcome Them to Spur Innovation

Viima

Studies, academia, research, and the myriad of examples from companies are boasting about the amazing results brought by ideas from external parties. A study shows that 85% of the top global brands have used crowdsourcing during the last decade. But is crowdsourcing truly effective to spur innovation?

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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. Continuing with my exploring crowdsourcing. Let’s start here by raising some of the biggest concerns you might have over crowdsourcing? this source: [link].

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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. Continuing with my exploring crowdsourcing. Let’s start here by raising some of the biggest concerns you might have over crowdsourcing? this source: [link].

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How KBC Bank Used Crowdsourced Innovation to Create Massive Employee Engagement

Planview

Sofie Blockx, Head of Corporate Change & Culture at KBC, said it best, “The financial services industry is at a tipping point. The idea behind The Pitch wasn’t just to create a mechanism to collect ideas with idea management software , it was to inspire every employee and encourage them to be part of the innovation process.

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Assess Your Innovation Program

Planview

Only about one-quarter of innovation teams are involved in implementing ideas in every challenge they run. Additionally, innovation leaders struggle to master full lifecycle idea management —the process of moving great ideas into execution. Therefore, being able to demonstrate value becomes difficult.

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Top 10 Innovation Links for the Week of 1.29.16

Planview

Welcome to Spigit’s 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. In this article, he gives tips on how you should intelligently build, buy, or collaborate to be successful. How do you Crowdsource Innovation?

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Rules of enterprise innovation

hackerearth

Tip: Conducting internal engagement activities such as hackathon helps. Identify good ideas, discard bad ideas, compartmentalize incremental and transformational ideas, select the best, and execute. Tip: Having an innovation/idea management software can be of great help especially for large enterprises.