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Where will Innovation Management Software go?

Paul Hobcraft

Where will Innovation Management Software go? This morning I decided to have a chat on ChatGPT on the future of Innovation Management Software, I asked a number of questions in a short series and can well-relate to the answers provided incredibly quickly.

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The First Three Things You Learn About Crowdsourced Innovation Management

IdeaScale

The post The First Three Things You Learn About Crowdsourced Innovation Management appeared first on IdeaScale. I joined IdeaScale in October of 2020, just before the “second wave” of COVID infections hit the US and an election unlike any other was about to take place.

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Crowdsourced Innovation: Three Things I Learned

IdeaScale

During my first two weeks as a Marketing Intern for IdeaScale, I learned about how the business world operates, particularly how an organization uses crowdsourced innovation with tools such as IdeaScale. Innovation is Required to Be Competitive.

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Top 5 Advantages of Crowdsourced Innovation Management

IdeaScale

There was little interaction with employees since management expected them to do their job based on practices established by the management themselves. This is what crowdsourced innovation management is about and below are the 5 advantages of crowdsourced innovation management. This is why it is important to not only treat and pay employees well but also make them feel they are valued – and this crowdsourced innovation can offer that.

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Crowdsourcing Innovation Valuation: an off-label use of innovation management technologies

Imaginatik

Well, in terms of innovation valuation, you can and you should. Investors are requiring enterprises to be more transparent about their commitment to ongoing innovation in their capital expenditures in order to attract longer-term investment. The question then arises, how can an enterprise provide greater investor confidence from a range of speculative innovation investments with greater certainty ? Here is where crowdsourcing comes in.

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Striking Gold: The $40m Idea Unearthed Through Crowdsourcing

Qmarkets

Hochschild ’s innovation initiatives are focused on optimizing its current operations through continuous improvement, with a particular focus on corporate responsibility. Ten of those are on the innovation team. What drives innovation investment?

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Managing Expectations in Innovation Management

IdeaScale

However, this can present some challenges for innovation managers. Some concerns we have heard from innovation managers: “I do not want to overpromise what we’re going to do with people’s ideas.”. We can address these concerns head-on by setting and managing expectations. The involvement of stakeholders and experts in the open innovation process is central to the success of crowdsourced open innovation.

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We Require A Shift of Innovation Management Solution Providers

Paul Hobcraft

There is still a real reluctance that the supplier of innovation software solutions has to change. I think with the recognition that innovation occurs across the whole organization the innovation management (IM) providers have to radically alter their business model or recognize they need to broaden out their target market inside organizations as innovation is occurring in all corners of the organization today.

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Is Your Innovation Management Process Inclusive?

IdeaScale

But it’s particularly important for innovation, and will only become more so as society goes through new shifts and as your organization changes. Your innovation strategy should reflect it. Remember that innovation is driven by embracing different perspectives in a respectful fashion. Yet inclusivity at its most basic is innovation: finding, listening to, and incorporating many different perspectives on challenges and opportunities.

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How Crowdsourcing Evolves: The Four Stages to Transformation

HYPE Innovation

The innovation management industry is highly fragmented today, which makes it confusing to understand which methods apply to which scenarios, and what the difference is between those doing crowdsourcing, and those doing enterprise programs designed to facilitate business transformation. Crowdsourcing Frameworks

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Why People Buy Innovation Management Software

InnovationManagement

Every year, IdeaScale analyzes our system and customer data and releases a report on crowdsourced innovation trends and benchmarks. The post Why People Buy Innovation Management Software appeared first on InnovationManagement.

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Innovation Management meets Crowdsourcing

ITONICS

The overabundant data bear a huge potential, but how do you find exactly that piece of information needed for innovative and target group-oriented action? How do you collect data that demonstrate the market relevance of an innovation? Streetspotr is THE expert for mobile crowdsourcing and, with its network of 500,000+ crowdworkers, offers access to valuable up-to-date knowledge. The post Innovation Management meets Crowdsourcing appeared first on.

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Examining the State of Crowdsourced Innovation in 2019

IdeaScale

Those figures indicate increased volatility, but they also indicate that innovation is behind the churn. The fact is that companies that don’t continuously innovate risk irrelevance because innovation is going to happen, whether major corporations participate or not. Lack of great ideas is not the problem when it comes to innovation; management of innovation is. Core, Adjacent, and Transformational Innovations.

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Managing Expectations in Innovation Management: Part II

IdeaScale

However, this can present some challenges for innovation managers. Some concerns we have heard from innovation managers: “I do not want to overpromise what we’re going to do with people’s ideas.”. We can address these concerns head-on by setting and managing expectations. In these two blog posts, we will discuss five best practices for setting a course for idea implementation and managing expectations along the way.

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The Four Forms of Crowdsourcing

InnovationManagement

There are four ways to crowdsource answers to your innovation challenges: garden variety crowdsourcing, distant expert sourcing, expert targeting, and force multiplying. The post The Four Forms of Crowdsourcing appeared first on Innovation Management.

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Designing at an Innovation Management Company

IdeaScale

When I joined IdeaScale in late spring of this year, I set out to discover how I could help our customers create and maintain an innovative culture at their company through our crowdsourcing tools. Here’s what I’ve learned about designing at an innovation management company so far. I’m outnumbered by sales reps, account managers, and overseas developers. Besides my manager, there aren’t team members I can easily turn to for feedback and guidance.

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Qmarkets and RevelX Launch Partnership to Offer Combined Innovation Management Software & Consultancy Services

Qmarkets

A new partnership between Amsterdam-based growth specialists RevelX and Qmarkets will drive strategic innovation and growth for their joint clients. Established in 2014, RevelX helps organizations to realize innovative growth.

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How Design Thinking Complements Crowdsourced Innovation

IdeaScale

In my double role as an innovation architect at IdeaScale and a consultant for innovation management, I rely on a variety of methods to set my clients up for success. Combining methods is one of the ways I make sure they make the most out of their innovation efforts. In this post, I’d like to talk about how design thinking complements crowdsourced innovation. I don’t think I need to point out the obvious parallels to crowdsourcing here, do I?

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SCERL: The Ultimate Innovation Management Cheat Sheet

Planview

What of the innovation management practitioner? The Ultimate Cheat Sheet for Innovation Management. The innovation practitioner scores each factor a 2, 1, or 0. Potential of ideas/ innovations vetted/ tested. Innovators left to their own devices. Growing commitment and ownership of the innovation process and outcomes. Reality jibes well with the chestnut, “What gets measured gets managed.”.

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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. A repeatable innovation process is what makes an organization shift to an innovative culture.

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Gartner: Innovation Management Software Nearing Mainstream Adoption

Planview

Awesome new ideas are what make an innovation program…well, an innovation program. But it’s the tools you use that help those ideas become reality and bring about tangible returns — tools like innovation management software (and for some, a new way of thinking about innovation altogether). According to the people who spend their time researching this sort of thing, the importance of ‘managing innovation initiatives systematically’ (i.e.,

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An Innovation Management Solution that Meets Your FedRAMP Requirements

IdeaScale

For those in the dark, as I was, FedRAMP is an acronym for the “Federal Risk and Authorization Management Program,”which is “a government-wide program that provides a standardized approach to security assessment, authorization, and continuous monitoring for cloud products and services.” (See [link].) As a result of these investments, IdeaScale is ready to provide an innovation management solution to meet the FedRAMP needs of any federal agency.

Meeting 101
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Crowdsourced Innovation Management Survey: Participate in Valuable Industry Research

Planview

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.

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4 Myths About Crowdsourcing Innovation

Planview

You might have heard that crowdsourcing innovation is really hard to manage. Or that the business value won’t show itself right away, so it’s not worth the time and effort it takes to start a crowd-based innovation program. Here are 4 crowdsourcing myths you’ve probably heard — and why you shouldn’t let them stop you from giving it a try. Crowdsourcing Ideas Leads to Mob Mentality. Innovations Only Come from Product Experts.

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Crowdsourcing Innovation: 4 Steps to Success

Planview

Recently, Spigit CTO James Gardner shared some of his expert tips on using crowdsourcing software to build your innovation pipeline. Using a crowdsourcing platform will often remove the majority of the legwork.”. Innovation is so often tied to never-before-seen ideas and inventions that it can be difficult to pull back from the grand picture and look for ways to innovate on a smaller scale. Crowdsourcing Innovation = Diverse Ideas and Predictable Outcomes.

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How Liebherr Engages Its Customers with Crowdsourcing

Hype

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

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Is Your Company Cut Out for Crowdsourcing? Take This Quiz

Planview

When it comes to gathering innovative ideas, one of the biggest mistakes companies make is to confuse strategic crowdsourcing with something like a virtual suggestion box. Is your company ready to do crowdsourcing the right way? The Crowdsourcing Readiness Quiz. Ready to put your company to the test with our Spigit crowdsourcing software? The post Is Your Company Cut Out for Crowdsourcing?

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Qmarkets Partners with hpo management consulting to Strengthen DACH Enterprise Innovation Management Offering

Qmarkets

Qmarkets has launched a partnership with Swiss-based strategy and innovation consultancy hpo to strengthen strategic innovation activities in medium and large enterprises in the DACH region.

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Qmarkets Partners with hpo management consulting to Strengthen DACH Enterprise Innovation Management Offering

Qmarkets

Qmarkets has launched a partnership with Swiss-based strategy and innovation consultancy hpo to strengthen strategic innovation activities in medium and large enterprises in the DACH region.

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Building a Business Case for Innovation Management – Why Now?

Qmarkets

However, I have recently been seeing reports of many businesses going into survival mode; choosing not to invest in innovation and instead save precious resources. Casualties of Innovation Complacency The disruption caused by the Covid-19 pandemic has forced all companies to act.

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4 Signs It’s Time to Hire an Innovation Management Consultant

IdeaScale

Innovation management consulting has emerged as a profession as businesses, nonprofits, and other organizations have started prioritizing innovation. Innovation management consultants help organizations establish innovation programs and keep innovation on track. Organizations of all kinds have watched as innovative companies disrupt industries and change the competitive landscape. Trying to innovate everything at once can backfire.

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How to Build the Ultimate Crowdsourcing Platform: Qmarkets’ New VP of Product Discusses Creativity and Innovation Management

Qmarkets

Sivan Leshem joined Qmarkets in 2011 as a project manager, before going on to manage the product delivery department during a period which would see Qmarkets grow into a leader within the idea management market.

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Qmarkets and RevelX Launch Partnership to Offer Combined Innovation Management Software & Consultancy Services

Qmarkets

A new partnership between Amsterdam-based growth specialists RevelX and Qmarkets will drive strategic innovation and growth for their joint clients. Established in 2014, RevelX helps organizations to realize innovative growth.

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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? Importance of innovation management.

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Why Aren’t You Crowdsourcing?

IdeaScale

Last year Gartner published an article entitled “ The 5 Most Effective, Least Used Digital Innovation Hacks ” which listed crowdsourcing, differentiated funding, differentiated metrics, startup innovation, and formal innovation management. Of course, crowdsourcing and innovation management are closely related, but not everyone understands the potential benefits of crowdsourcing and innovation management.

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What Is Innovation Management? – Your Top 7 Innovation FAQs Answered

Qmarkets

Enterprise businesses are constantly on the lookout for their next ‘eureka’ moment – an innovative solution to a strategic business problem. Of course, most recognize that simply happening upon these solutions is not an option, and that innovation needs to be cultivated and managed effectively in order to become sustainable and repeatable. But what is innovation management, exactly? What is innovation management? Our Blog FAQ Innovation Managemen

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Does Crowdsourcing Need “Rethinking”?

Qmarkets

Benefits of crowdsourcing: Common Misconceptions In my previous post , I gave a working definition of crowdsourcing and described two major crowdsourcing approaches: adding capacity and accessing expertise. Experts represent an essential part of any crowdsourcing campaign.

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Transforming workplace culture with your innovation management program

IdeaScale

Those in charge of managing this change are often pushed to justify their efforts and expenditures in a fashion that doesn’t align with the type of gains that are being sought. In fact, the rest of this post should help you both better articulate what it is you’re trying to achieve (workplace well-being) and introduce empirically validated theories for you to use when developing a rigorous approach towards achieving these goals with an Innovation Management program.

Culture 100
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Qmarkets recognized as Leader in the 2022 IDC MarketScape for Worldwide Retail Innovation Management Platforms

Qmarkets

Qmarkets was recently named a Leader in the IDC MarketScape: Worldwide Retail Innovation Management Platforms 2022 Vendor Assessment (doc #US47455321, April 2022). TEL-AVIV, April 26 th , 2022.

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Best Of The Bonn Forum: Robert Neuhard On “New School” Crowdsourcing

HYPE Innovation

As you’ve probably seen & heard by now, John Bessant’s talk on learning the new innovation game wasn’t the only intellectual delight (+ conversation starter) at this year’s Innovation Managers Forum in Bonn. Crowdsourcing

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Capgemini’s Top 3 Takeaways for Crowdsourcing Innovation

Planview

This week, Corey Glickman, the Global Lead of Rapid Design & Visualization at Capgemini, joined the Spigit team to discuss how and why Capgemini is crowdsourcing innovation to power their $14B business. If you think that it’s challenging to create business impact from crowdsourcing, or are just too wary to give it a try, you’ll want to catch a recap of this webinar (full recording below). Crowdsourcing Innovation Creates an Engaged Community.

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Crowdsourcing Case Study: Polaris Industries

Planview

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. Planview Spigit lets us give employees an opportunity to create the next big thing.” – Joe Laurin, Visioneering Manager, Polaris Industries . Through their Ideate Innovation program, which the team uses to surface and develop ideas and turn them into award-winning products.

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11/18 WEBINAR: Driving Digital Innovation through Crowdsourcing

Planview

Prioritizing digital innovation is only one of the many challenges leaders face in today’s idea-driven business climate. Company leaders need a simple but effective way to align existing resources to better focus on digital innovation, or they’re putting their businesses at risk of becoming irrelevant and unable to keep up with competitors. That’s where crowdsourcing comes in. A Quick Tip About Demonstrating Value in Crowdsourcing.