Creating a Culture of Innovation

Innovation in Practice

There have been times I sat down with a client and I told them, “your organization is very innovative”, but they don’t believe me. I tell them, if you don’t perceive yourself as innovative, then you’re not. Here’s what they need to see and believe: An innovative corporate culture is one that supports the creation of new ideas and the implementation of those ideas. See innovation as a competency. Innovation is a skill, not a gift.

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.

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Creating A Culture of Innovation Using Innovation Software

eZassi

As companies increasingly recognize the importance of innovation and disruptive solutions to remain competitive, the big question remains: where does innovation come from and how a culture of innovation be cultivated? Contrary to popular belief, existing employees account for the vast majority of innovative ideas and the right software can help unlock innovation while also shifting the entire company culture.

Building a Culture of Innovation: A Lesson from the Rock and Roll Hall of Fame

Planview Spigit

Can the Rock and Roll Hall of Fame museum really teach you a thing or two about building an innovative culture? In an article on Innovation Leader, Rock and Roll Hall of Fame CEO, Greg Harris, shared his thoughts on what innovation means to the nonprofit organization. One notable insight that Harris mentioned was the Rock and Roll Hall of Fame’s adoption of the minimum viable product (MVP) approach to driving continuous improvement. Cultur

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. This blog features a new video of how Cambia drives employee engagement through its Pitchwell program and features their case study centered around their “app-a-thon challenge,” focusing on “the big problems in healthcare”.

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.

Why Measuring the Value of Your Innovation Program from Day One is Important

Planview Spigit

Every year Spigit conducts its “ State of Crowdsourced Innovation ” customer study to better understand how our customers build and manage their innovation programs. One of the key findings from this research is that a significant shift occurs at around the three-year mark of having an innovation program. This shift centers around measurement of program value. What ideas do we have in our innovation pipeline?

Keeping Your Innovation Momentum

Innovation in Practice

At some point in your journey to drive innovation, you’ll want to take a deep breath and ask – what happened here? I’ve seen too many innovation programs get off to a fast start only to fizzle out later. It’s probably time to re-do the innovation audit that you did at the start of the program. Next, you need to remind everyone why innovation is an imperative – the so called Burning Platform. This will help you put metrics around innovation.

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’.

Making Innovation a Habit

KindlingApp

At year-end, only 8% of people will be successful with their resolutions. Most of us do not turn our resolutions into habits. Even for routines at work, intention doesn’t equal results: it is not enough to simply say that your company is building a culture of innovation. You have to turn innovation into a habit. We hear from new customers all the time that their intangible long-term innovation goal is to create a culture of innovation.

Feature Friday: Enhanced Engagement Metrics

KindlingApp

When clients decide to hop on the innovation management train, they are often driving towards some pretty broad goals like “creating a culture of innovation,” “identifying a new revenue stream,” or “uncovering process improvement opportunities.” Developing an innovation management program to achieve these goals takes time, so demonstrating incremental results along the way becomes critical, especially in the realm of how employees are receiving an innovation program.

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.

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

When Does Creativity Become Innovation?

KindlingApp

There’s a lot of emphasis in the idea management world on being creative—see Fast Company’s Most Creative People in Business 2015 , for example—but it’s not always obvious that being creative is only step one. Innovation requires creativity, but creativity on its own isn’t enough to move a company forward. To be truly innovative, we need to harness and structure the creativity that we already have. Innovative ideas are ideas that have an impact.

Do Good Ideas Come from Collaboration or Conflict?

KindlingApp

When ideas (and idea-havers) go head-to-head, we usually anticipate one of two consequences. Amazon has recently made headlines for its ultra-competitve culture. Caretakers, individuals who are ill or injured, or those of a less competitive cast are at a disadvantage at Amazon, and eventually get dismissed or leave of their own volition. Yet, for all the controversy surrounding its workplace culture, Amazon delivers. continuing to innovate [.].

The Value of One Good Idea

KindlingApp

Everyone wants an innovative company culture, and anyone seeking to build one can turn to any number of resources, from Harvard Business Review , Fast Company , and Forbes to Kindling’s blog , that offer advice on building a culture of innovation. Yet, as innovation consultant Henry Doss puts it in Forbes , “Everyone talks about it, and talks about it, and talks about it. Why does culture find itself on the backburner so often?

Key for Innovation Implementation and Business Success is Communication

Idea to Value

The innovation book Robert’s Rules of Innovation: A 10-Step Program for Corporate Survival hammers the point home that innovation is the key to your company’s survival—in other words, “innovate or die.” The recently published Robert’s Rules of Innovation II: The Art of Implementation teaches readers how to implement an organized work culture of innovation in their organization.

3 Tips for Measuring the Impact of Your Innovation Platform

Planview Spigit

When the metamorphosis includes an innovation platform, leaders are typically left to determine not only how to leverage the solution, but also how to measure its impact. Crowdsourced innovation” —the process of inspiring, collecting, and accelerating ideas from the “crowd,” such as your employees, partners, and customers, at scale—has proven to be incredibly effective. From the start, program managers should be thinking about direct financial value. Innovation

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Is Your Innovation Training Program All It Could Be?

IdeaScale

Businesses can no longer ignore innovation and hope to remain competitive. If only innovation were as easy as snapping our fingers!?. It isn’t just tech companies and startups that are emphasizing innovation, but businesses in all industries and of all sizes. As a result of increased focus on innovation, innovation training programs are springing up – both inside companies and as entities that are marketed to businesses.

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.

Why Innovation Maturity Matters

Imaginatik

For many companies, the desire to be more innovative is driven by a strategic issue – flat-lined growth, competitive threats, industry upheaval, etc. Senior leadership therefore develops a strategic plan for innovation, appoints a corporate innovation leader, and provides that leader with the resources deemed necessary and appropriate for success. The most common mistake: leadership doesn’t factor their organization’s Innovation Maturity level into the equation.

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.

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?

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.

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. Innovation can be approached in many ways.

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. Innovation can be approached in many ways.

What does a company open to innovation look like?

ideas4allinnovation

All companies say they are open to innovation but, in practice, many of them do not have a defined innovation strategy, nor do they explore all their potential. They conceive innovation not only as a buzz word. How mature is your organization’s innovation?

The 3 P’s: Putting Innovation Into Practice

Game-Changer

In the innovation space, too much focus is placed on methods, not enough on mindset. One of my colleagues recently told me he’s learned about mentality, not processes, in the time he’s spent working with me. To create a culture of innovation you have to think and act different. The organizations that fail at innovation focus on neither. And the promise of methodologies is they reduce uncertainty. Putting innovation into practice.

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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.

Boosting Efficiency with State-Of-The-Art Machine Learning

Planview Spigit

In Spigit’s recent 2018 Fall Product release announcement , we shared that we developed a new machine learning technology that’s first of its kind in innovation management software. The technology, which will continue to be developed and applied in new ways, brings on a whole new level of efficiency for innovation program managers and users alike. When you look under the hood, the real value of machine learning is in the smarts it brings.

Communication is Key for Innovation Implementation and Business Success

Robert Brands

The innovation book Robert’s Rules of Innovation: A 10-Step Program for Corporate Survival hammers the point home that innovation is the key to your company’s survival—in other words, “innovate or die.” The recently published Robert’s Rules of Innovation II: The Art of Implementation teaches readers how to implement an organized work culture of innovation in their organization.

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.

GovTech: From Great Challenges to Great Opportunities

CREATORS

While I started to interview people around the world who work in the field of GovTech, I discovered that there tend to be very similar patterns in terms of their answers, approaches and perspectives. for example, blockchain, internet of things, artificial intelligence?—?if

Culture: Innovation’s Biggest Challenge

IdeaScale

We asked our customers what their number one priority was for the coming year and the leading priority was: culture. We thought that maybe our customers would be focused on generating new ideas, implementing new ideas, understanding the value of new ideas, but in the end it came down to the environment those ideas lived in – an organization’s culture. But culture is multifaceted and a quality innovation culture influences a number of different things.

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.

9-1-1 What’s Your Innovation Emergency OKRs?

Planbox

Change can creep up at any time and in any form, for example, as a new provider that suddenly introduces an innovative solution or business model that renders yours instantly obsolete. Much like the aftermath of a fire, there is not much to go back to.

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Innovation Transformation in a COVID-19 Era - part 1

Moves the Needle

I recently had the good fortune to participate in a live Q&A with the Sage Software Innovation Community. The Q&A was hosted by Shivani Govil , Executive Vice President of Emerging Tech and Ecosystem. But there’s not a lot of evidence that's what companies need to do.

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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 quantify the complete value of Spigit’s ideation management, Forrester analysts conducted in-depth interviews with business leaders from five long-time customers in order to measure the total economic impact over four years. This economic model was used as the foundation of theTotal Economic Impact (TEI) model. Creating a robust pipeline of ideas.

Why Your Company Should Celebrate Intrapreneurs

KindlingApp

Savvy businesses know that innovation is key to keeping up with today’s rapid change. Well, making innovation a goal is one thing, but achieving it is another. Innovation is different for every organization, and this is because of the living, breathing people in that organization. Among these people, there are some who have innovation built into their DNA. These are the innovation heroes of your organization, the “intrapreneurs.”.

Backchanneling Innovation

CREATORS

Engaging the organization’s employees from various Business Units (BU) in innovation efforts is a great challenge, but also a key to achieving cultural transformation. In my previous blogpost, I focused on systematic approaches to engaging Business Units in the innovation mission.

Measuring Innovation

eZassi

Innovation is the key to the success, and some argue the survival, of an organization in today’s dynamic disruptive markets. While company leaders agree that innovation is critical to their ongoing relevance, there is an ongoing challenge of how to measure the value and effectiveness of an innovation program. Why it’s Difficult to Measure Innovation. There is not a one-size-fits-all set of metrics that is meaningful to every company.

Are Japanese Companies Afraid of Innovation?

IdeaScale

How do you define innovation? I define innovation as creating and capturing new value as the Global Innovation Management Institute does. . Surprisingly, 0 companies had defined innovation for their company! Of course, there is no right or wrong answer, but we’ve been asking if shows that they might not have fully defined a strong innovation strategy. In Japan, sometimes innovation is seen simply as a marketing tactic.

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.