Innovating successfully: the importance of a strong ideation factory

Exago

Successful innovation is only possible if the best ideas can reach you. A strong ideation factory, based on a culture of innovation, is the fourth element of successful innovation in 2020.

Culture of Innovation: Premera Blue Cross Engages Employees to Drive Innovation

Planview Spigit

As organizations seek to add value to customers and develop new, differentiated products and services, innovation is at the heart of strategy. It starts with creating a culture of innovation from within by tapping into the wisdom of employees. Premera Blue Cross developed its culture of innovation that motivated 3,200 employees to produce more than 400 new ideas to improve its products and services. Employee engagement.

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Culture of Innovation Lessons from CSAA

Planview Spigit

Large companies have a harder time creating a culture of innovation than startups – how many times have you heard this? CSAA, a Spigit customer, is one of the top personal property and casualty insurance groups in the United States offering automobile, homeowners, and other personal lines of insurance to AAA members through partnerships with AAA clubs in 23 states and the District of Columbia. Established enterprises are transforming their cultures.

Idea Diversity: Key to Building a Culture of Innovation

Planview Spigit

In her Huffington Post article , Tiffani Bova, Contributor Global Customer Growth and Innovation Evangelist at Salesforce, touches on an important point made by Lisa Bodell, an award-winning author and CEO of Futurethink, that has a big impact on building a culture of innovation: idea diversity. Idea diversity is a topic that isn’t talked about enough when it comes to what contributes to building a culture of innovation. Culture

Measuring Innovation Performance

Measuring innovation performance Our innovation campaigns prove that there is a way to. measure innovation performance. Innovation-active ?rms Along with balancing the innovation. Failing to measure it makes no business sense when millions of dollars are set.

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

Culture of Innovation Video and Case Study: Cambia Health Solutions Transforms the Health Care Landscape Through Innovation

Planview Spigit

From inception, innovation has been at the core of Cambia Health—it’s truly in their DNA. Cambia is an exemplary example of how organizations can create a culture of innovation by engaging their most valuable resource—their people. The Cambia Health Solutions Case Study: Creating a Culture of Innovation. We had to become a lightning rod of innovation, attracting and engaging employees to join us in ideation and design.”

Diversity and Innovation: Benefiting from a Corporate Culture of Inclusion

Qmarkets

Diversity may seem like a modern corporate buzzword but behind the noise is a concept that is integral to the success of innovation and beyond. ” Just like in the environment and economy, diversity is crucial when it comes to business innovation.

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.’ ’ Northwestern University’s Kellogg School of Management carried out a study of data from 154 corporate customers of Spigit over a five year period. They report a significant correlation between ideation rates (generating good ideas) and profit growth.

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. To address this, Spigit commissioned Forrester Research to conduct an independent study examining the value customers receive from implementing Spigit’s ideation management software. This economic model was used as the foundation of theTotal Economic Impact (TEI) model. How does an innovation program driven by Spigit impact a company’s bottom and top line?

How Ideation Transformed the Culture of the Largest Bank in the Southern Hemisphere

Planview Spigit

89% of Spigit customers are leveraging ideation to create a culture of innovation. That’s a stat we uncovered in our 2017 Business Innovation Report. Establishing a culture of innovation is a hot topic. It’s on the shortlist of strategic initiatives executives around the world are implementing to transform their organizations. Creating a culture of innovation through ideation. Culture

The Top 4 Innovation Culture Best Practices from the World’s Most Successful Companies

Qmarkets

Today the world’s most innovative companies are also some of the most successful. This doesn’t come as much of a surprise, especially in the continuous waves of disruption we’re seeing. Their approach ‘creates focused innovation and mitigates any disruption risks’.

How Ideation Transformed the Culture of the Largest Bank in the Southern Hemisphere

Planview Spigit

89% of Spigit customers are leveraging ideation to create a. culture of innovation. That’s a stat we uncovered in our 2017 Business Innovation Report. Establishing a culture of innovation is a hot topic. It’s on the shortlist of strategic initiatives executives around the world are implementing to transform their organizations. Creating a culture of innovation through ideation. Culture

Ideation Drives Discovery in Customer Experience

Innovation Archetecture

Organizations mint Chief Customer Officers (CXO) as readily as they mint Chief Innovation Officers. What is it about the Digital Age that causes organizations to mint chiefs of all stripes in the way sheriffs from the Old West would mint deputies to join them on the posse? Newly minted chiefs know that death by asphyxiation from a pair of well-manicured hands awaits them around every corner. Do we have a shared understanding of goals?

How Innovation Management Contributes to The Success of Digital Transformation

Acuvate

Digital technologies are totally transforming the face of business. Adopting digital transformation is the only way to stay ahead of the competition in today’s digital era. Innovation management is one of the crucial contributors to digital transformation, along with a few other factors. According to 87% of business leaders, digitalization is a top priority. Digitization implies the process of converting data into digital format.

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? So why not ignite the culture of ideation among employees?

Running Effective Innovation Workshops

Innovation in Practice

I’ve mentioned in a previous post that innovation is a team sport. The strongest teams are characterized by functional, gender, and cultural diversity among its members. And, teams that are successful at innovation are committed to ongoing growth via avenues such as innovation workshops. When it comes to running effective innovation workshops, here are some things to keep in mind: First, decide where to hold the workshop.

How to Run a Successful Innovation Challenge

Innovation Excellence

Nothing is more intriguing, inspiring, and engaging than a good old-fashioned challenge. Whether you want to build a culture of innovation, reach employees in a meaningful way, or search for immediate ideas to solve pressing problems, an innovation challenge may be the answer. What Is an Innovation Challenge? An innovation challenge is an effective way. Innovation Employee Engagement ideate innovate innovation challenge Workplace

4 Reasons Why Defining Goals is Critical to Successful Ideation Challenges

Planview Spigit

Defining goals is critical to running successful ideation challenges. I’ve been working with several ideation program managers recently to launch their first crowdsourcing challenge and noticed that many try to bypass the step of defining goals. At Spigit, we help some of the most successful companies in the world drive their innovation agenda and create cultures of innovation through ideation.

Top 10 Features To Look in Any Idea Management Software

Acuvate

In today’s competitive world, it’s no secret that organizations struggle to come up with competent and innovative solutions to facilitate growth and stay ahead in the game. One of the best ways of improving service, product or efficiency parameters is to tap into the effective intelligence of your employees. Employees are the front runners in driving any specific initiatives of the organization. Innovative Ideas are universal. by 2022, at a CAGR of 29.2%

What do we expect from Innovation? Mostly disappointment

Paul Hobcraft

Good innovation is notoriously hard to achieve. Others looking at the innovation progress keep demanding tangible evidence and quantifiable guarantees that the outcome provides clear returns. Much of the innovation discovery journey is a disappointing one. Those not involved directly within the innovation project constantly remain skeptical or require more proof. The status quo of the existing places an increasing drag on the forces of change.

Report 175

How to Use Storytelling to Foster Genuine Employee Engagement

Idea Champions

Let's assume, for the moment, that you are a forward-thinking business leader charged with the responsibility of accomplishing extraordinary results. You know, in your bones, that if you want to achieve extraordinary results, you will need the full participation of a highly engaged, focused, and collaborative workforce. You need kinetic -- the full throttle expression of the very best of what your people have to offer. You want full engagement?

5 Things You Need to Know About Collaborative Innovation Software

Planbox

Collaborative innovation software brings purpose, focus, and structure to collaboration to help you turn ideas into commercial value. Understanding the importance of collaboration really is a no-brainer: people and business units alike need to share information and work together.

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. The post What Does an Innovator Look Like?

Idea Generation Process: The Various Approaches to Gathering & Implementing Employee Ideas

Qmarkets

Employee ideas are the backbone of any corporate innovation initiative, and therefore a strong idea generation process that can be scaled across your organization is key. Submission Arguably the submission phase is the most important step of the process.

Successful Innovation Means Finding Time to Make Decisions

KindlingApp

Let’s not kid ourselves: being the project manager of an idea management process is a tough job and one that requires time, passion, consistency, and dedication. 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.”. Innovation Program Engagement

Spigit’s 2018 Fall Product Release: Machine Learning, New Use Cases, and More

Planview Spigit

The inspiration behind this release, which you’ll hear more about in the below video, was simple: help customers drive significant cultural change. With that in mind, we set out to reimagine the user experience and expand the flexibility of the Spigit platform to give customers even more ways of creating culture change. Boost efficiency with new machine learning capabilities for both ideators and administrators accelerating the idea generation process.

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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. 26 Disruptive Tech Trends for the Rest of the Decade. The skinny: Phil McKinney is THE innovation podcast guy.

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.

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.

Idea Generation Process: The Various Approaches to Gathering & Implementing Employee Ideas

Qmarkets

Employee ideas are the backbone of any corporate innovation initiative, and therefore a strong idea generation process that can be scaled across your organization is key. Submission Arguably the submission phase is the most important step of the process.

4 Innovation Culture Best Practices from the World’s Most Successful Companies

Qmarkets

This doesn’t come as much of a surprise, especially in the continuous waves of disruption we’re seeing. Innovation lends itself to success by provoking organizations to continuously push for improvement and always be on the lookout for new opportunities.

Innovation Program Recipe for Success: The Three Essential Ingredients

Qmarkets

At Qmarkets we have spent the last 15+ years helping leading organizations to build and implement effective innovation initiatives. The definition of an innovation program can sometimes differ, so before we dive in let’s clarify what we mean when we use this term.

Cultivating an Innovation Mindset

eZassi

Cultivating an Innovation Mindset — Actively Pursuing Innovation. At this point, most businesses are keenly aware that it is imperative to their survival, in a competitive business world, to actively pursue innovation and cultivating an innovation mindset within their organization. The real challenge becomes how to create a culture of innovation where individuals, and the team as a whole, are motivated and inspired to drive the company forward.

Top 10 Takeaways from Spigit’s 2017 Ignite Conference

Planview Spigit

From a scientist who led the innovation team that developed the Ebola vaccine, to a world renown innovation author, to the VP of Watson Strategic Partnerships at IBM Watson, Ignite 2017 was one for the record books. Throughout the conference, which included exclusive innovation strategy workshops for Spigit customers, there was no shortage of useful insights attendees walked away with. Communication is key for consistent engagement. Moral of the story?

Ezassi to Attend FEI Boston 2018: What to Expect

eZassi

While there, we’ll be showcasing our innovative platform and processes that have helped our client base increase user engagement, time-to-innovate, number of ideas and, most importantly, quantifying how it affects their bottom line. We’ll be networking on location and attending social events to answer questions and ask some of our own. Many companies are trying their best to create innovation within their companies but still struggle.

Diversity and Innovation: Benefiting from a Corporate Culture of Inclusion

Qmarkets

Diversity may seem like a modern corporate buzzword but behind the noise is a concept that is integral to the success of innovation and beyond. ” Just like in the environment and economy, diversity is crucial when it comes to business innovation.

Top 10 Takeaways from Spigit’s 2017 Ignite Conference

Planview Spigit

From a scientist who led the innovation team that developed the Ebola vaccine, to a world renown innovation author, to the VP of Watson Strategic Partnerships at IBM Watson, Ignite 2017 was one for the record books. Throughout the conference, which included exclusive innovation strategy workshops for Spigit customers, there was no shortage of useful insights attendees walked away with. Communication is key for consistent engagement. Moral of the story?

So, do you really understand innovation?

The Future Shapers

So, if I walked into your office tomorrow, stopped the first person I came across and asked them what they understood your organisation’s innovation strategy to be, what sort of answer would I get? And even if I were to find someone who could give me a full response on your current level of innovation maturity, would they then be able to explain the part they play and how they contribute? I touched on this in my recent article on why innovation transformations fail.

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. Create an environment where collaboration and ideation thrive.

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. Create an environment where collaboration and ideation thrive.

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. ideation management software.

Ignite Spotlight: An Interview with Southern Company’s Julie Pigott

Planview Spigit

As one of the top 10 utility companies in the world , Southern Company is a shining example of how to leverage an employee-base to transform the way a business operates. To dig deeper into the how, we’re excited to have Julie Pigott, Southern Company’s Director Innovation Support, join us at Spigit’s upcoming Ignite conference to talk about the company’s approach to innovation and how they’ve leveraged ideation over the past four years.