Innovation Management Software: 4 Essential Components


Businesses are rapidly realizing that innovation isn’t something that “strikes,” but something that can be encouraged, generated, and managed for the good of the company, its employees, and its customers. Innovation colors outside the lines and thinks outside the box. Your innovation management software should help manage all the moving parts. . When evaluating innovation management software, it’s important to look for these four essential components.

Gartner: Innovation Management Software Nearing Mainstream Adoption

Planview Spigit

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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Idea Software: A Quick Guide to the Power of Idea and Innovation Management


Today innovation has become a lifeline for businesses who have had to pivot and adjust to recent market changes. Yet, innovation doesn’t just happen, it starts with ideas. Here ideas can then be developed for implementation and managed on the platform.

Innovation Management Software: Connect Creativity and Collaboration

Planview Spigit

Ideation + Delivery = Innovation. We have heard it time and again…Somewhere between the birth of an idea and the delivery phase, innovation slows or becomes nonexistent. Which is why “Innovation is rewarded but execution is worshipped!” While most innovation management software makes it possible for teams and organizations to gather and iterate on ideas, the question you must ask is, how do you ensure the best ideas become reality? Celebrate innovation success.

Innovation Management: Importance, Ideas, and Examples


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.

How Innovation Management Contributes to The Success of Digital Transformation


Innovation management is one of the crucial contributors to digital transformation, along with a few other factors. Digital innovation is driving increasing interconnection, giving unprecedented access to capabilities, resources and talent on a global scale. Noticeably, innovation is the buzzword in the success formula of these applications. Understanding innovation management. Read More: An Introduction to the Ultimate Idea Management Solution.

Imaginatik Charts the True Path-to-Value for Breakthrough and Continuous Innovation Management


New dashboard empowers enterprises to maximize their innovation outcomes and deliver business value. BOSTON – March 1, 2018 – Today Imaginatik, the #1 ranked leader in corporate innovation management according to Forrester Research, announced a major update to its industry-leading Innovation Central software aimed at enabling enterprises to maximize their ROI from breakthrough and continuous innovation programs.

The Winning Formula – The Advantages of Combining Higher Education and Innovation Management


As such, it would be natural to regard both education and innovation as mutually compatible. It's surprising, therefore, that many academic institutions still lag when it comes to implementing well-structured innovation processes. This is just a short list of some of the greatest innovations that have been made within institutions of higher education. Innovation Managed. Open Innovation.

Majority Rules: Idea Evaluation Criteria & Voting Methods for Efficient Innovation Management


We'll now explore further reasons why incorporate voting into your innovation management process is beneficial, covering why should you let everyone vote, even people with no direct relation to the ideas being discussed? On one end of the spectrum, voting can increase your employees’ engagement and involvement in the innovation management process. On the engagement side, the Innovation Manager can accurately measure user engagement.

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


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.

Webinar: Get An Inside Look at IdeaScale


Join us for a live demo July 14th at 10 am Pacific Time for a half-hour of product demonstration with a question and answer session to show why IdeaScale is right for your company. Remember, our demo is at 10 am PST on July 14th. Overview: Curious as to how IdeaScale works?

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Is Your Company Cut Out for Crowdsourcing? Take This Quiz

Planview Spigit

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. Schedule a demo today. Innovation company crowdsourcing crowdsourced innovation crowdsourcing crowdsourcing innovation crowdsourcing software enterprise crowdsourcing enterprise innovation innovation management Mindjet open innovation Spigit spigit crowdsourcing spigit innovation software spigit software

The Importance of Senior Management Involvement in Innovation

The Future Shapers

Innovation is one of the areas where people are often looking for senior management involvement, yet, it is here where it tends to be lacking at times. As we discuss the role of senior management and their involvement in innovation management with our customers on a regular basis, we thought we’d share some of our thoughts and experiences on the topic. Should senior management be involved in innovation? Company-wide cultural support for innovation.

An Inside Look at IdeaScale


Overview: Learn more about what an innovation management platform like IdeasScale can do for your organization. The COVID-19 pandemic threw many businesses into a stress test for their innovation committee and employee culture.

Innovation Program Recipe for Success: The Three Essential Ingredients


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.

Millennial Engagement in the workplace: 4 Actionable Tips


A well engaged millennial is always on a constant run to make the best use of respective skills and abilities to strive for organisations development, as well as stay innovative. Create a culture of innovation. Most of the millennials prefer organizations with flexible, innovative workplace environments where they can be productive and creative to make an impact on business growth. Learn More: What is an idea management software & why your business needs one.

Who do European companies innovate with?


In its report “Innovation in Europe” , Deloitte highlights how opening up in this way marks a change in promoting innovation and protecting against the incursion of disruptive innovation , and stresses how crucial it is, in this commitment, for companies to create within a coordinated ecosystem of collaborators, which they can feed from to innovate. Innovation that is open to experts and large audiences. 5 improvement areas for European innovation.

6 Building Blocks for Innovation Department Success


Nearly 80 percent of executives surveyed by The Boston Consulting Group’s tenth global survey on innovation considered innovation to be either the most important priority at their company or in the top three. They’re already overloaded and adding “innovate” to their task load may not get a good reaction. However, there are ways to cultivate innovation success, and creating an innovation department is one of them. Use Innovation Management Software.

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IdeaScale Podcast – How Global Packaging Corporation Winpak Uses Shark Tank-like Practices and IdeaScale to Innovate


Overview: On the Ideascale Nation podcast , we talk with Manuel Moreno, Corporate Director of Innovation at Winpak. As a global packaging company constantly in need of ideas, Winpak developed 25hundred Innovators, which reduced the challenges of geography and language.

Collaborative Innovation and the Digital Vortex

Planview Spigit

” The practice of collaborative innovation—leveraging the wisdom of the crowds in the Digital Age to solve our toughest business challenges—can serve as a way forward for organizations in a time of accelerating change. Two Spigit clients, around the time the “Digital Vortex” report came out, published how they proactively navigate digital disruption through their own takes on the practice of collaborative innovation: Unilever and Amway. Collaborative Innovation at Work.

The Company Suggestion Box Re-imagined for the Digital Age


From Box To System The key is to adopt innovation management systems. This not only offers motivation to offer ideas, but it also teaches everyone how your organization approaches innovation. The idea is good, but the design can be updated.

5 Simple Steps for Finding the Right Business Idea

The Future Shapers

In the last five years that we’ve ran Viima, we’ve helped a good number of organizations better manage their ideas and turn them into innovations, which has taught me quite a bit about working with ideas. I’ll now share a simple five-step process for finding an innovative business ideas that you can use to figure out the right idea for your business-to-be. Thus, working on an innovation management software service is quite a natural fit for me.

Top 10 Features To Look in Any Idea Management Software


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. As employees experience the daily rush of churning the relative business outcome, there is a high likelihood of them coming up with an innovative solution in order to maximize their efficiency and add their bit to the organization overall growth. Innovative Ideas are universal. Schedule a free demo now.

10 tips to win a hackathon


Picture your perfect demo and work backward from there. Involve the audience in the demo. . Community Hackathons Innovation ManagementEveryone wants to be a winner. However, in both life and hackathons, victory comes to those who want it the most. With limited time to solve problems, and submit prototypes, a hackathon is an ultimate test of skills and endurance. Here is what you can do to win your next hackathon : . 1) Plan to win.

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What are innovation labs and how to set one up


Innovation has nothing to do with how many R&D dollars you have. It’s about the people you have, how you’re led, and how much you get it” - Steve Jobs famously talked about how investing in an innovative workforce was one of the biggest factors that led to Apple’s phenomenal success in the face of heavy competition from industry-leading giants. What is an innovation lab? Setting up an innovation lab is the first step in getting such a system in place.

From Invisible to Visible: A Look at Transparency in Government Innovation


One of the challenges to innovation in government is a lack of insight into what citizens have to offer in the way of innovative strategies. Governments are aware of the increasing need to capture perspectives and insights of citizens to spark the innovation process.

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Top Innovation Conferences for 2021


One of the central curiosities of the COVID-19 pandemic is that innovation festivals have had to show some innovation themselves. Innovation Roundtable: Monthly Series. Normally, the Innovation Roundtable’s event convenes presenters from around the world.

Five Reasons You Need Idea Management Software


Idea management is about working together.?. Then comes a flood you can barely manage, or a drought as you struggle to get people to weigh in. This is why idea management software is a pressing need for every organization. With idea management, people communicate.?.

Elevate the Customer Experience with Idea Management Software


Idea management has become an integral part of customer experience. IdeaScale provides innovation management software that gives companies a platform for sharing ideas across the board. Contact us today to request a demo.

Imaginatik Releases Innovation Central Spring 2018 to Drive Front-Line Engagement


BOSTON – June 14, 2018 – Today Imaginatik, the #1 ranked leader in corporate innovation management according to Forrester Research, announced a major update to its industry-leading Innovation Central software , empowering enterprises to maximize their ROI from breakthrough and continuous innovation programs. Innovation leaders understand the importance of engaging employees throughout the enterprise. Request a demo of Imaginatik’s Innovation Central today.

ITONICS at CeBIT: Step up in the Innovation Game with us


It is the fourth year in a row now that ITONICS is part of Europe’s Business Festival for Innovation and Digitization taking place in Hanover from June 11-15, 2018. On the conference, you can get to know our highly customizable software features, cutting-edge innovation management methodologies, and our individually tailored consulting and workshops offers. For booking personal appointments, feel free to contact our Demo Manager Alexander Kruczek.

Eight Tips to Improve Employee Engagement in 2020


Drawing together everyone should be the goal of any innovative organization. There’s nothing more important to innovation than an engaged, thoughtful workforce. Give everyone an innovation toolkit to use. Have a transparent innovation process.

How to drive API adoption through hackathons


In recent years, the term API colloquially is used to describe both the specification and service itself, e.g., the Facebook Graph API,” says API Chapter Manager at Sprout Social, Kevin Stanton. Drive innovation/traffic. With a well-designed API program with skilled developers and open APIs, companies can extend their reach significantly by enabling market adoption, accelerating innovation by crowdsourcing, and maintaining a constant revenue cycle.

Get Inspired With This List of Top Young Innovators


Innovation comes in all forms. If you’re looking for inspiration as you develop your innovation management strategy, these five young innovators offer solutions to common innovation struggles. Don’t try to reinvent the wheel for your innovation.

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Idea Competitions and Why Your Business Needs One


They all swear by in-house innovation programs which give every employee a chance to pitch their ideas. So, if you want to join the innovative crowd and get some fresh input for your new product, internal idea competition is your answer. Not only will you get the ideas you need, but also boost your innovation culture, employee engagement, and promote internal collaboration. Usually, open innovation challenges also include participants outside your company.

Can Brands Meet the Challenge of Achieving a Sustainable Innovation Strategy?


Overview: Sustainability approaches and innovation strategy go hand-in-hand, yet too often are seen as separate targets. Sustainability, ESG, and Innovation. Innovation will be key to this process. The Stages of Sustainability Innovation.

Welcome to the Qmarkets Blog – Gain Cutting-Edge Insights from the Innovation Experts


Here, you'll find a treasure trove of readily-applicable tips and insights for maximising the effectiveness of your innovation management strategy. Our articles are contributed by our own team, as well as a variety of other innovation experts from a diverse array of fields. . We’re always looking for new ways to engage with both our existing customers and the extended innovation community, so we’re looking forward to utilising this space to that effect.

The Data Revolution: A Look at the Value of IoT and Personalization for Humans


Innovation technology is limitless. When most people think of the Internet of Things, they think of innovation technology such as smart homes and self-driving cars. That makes sense because those innovations do make life easier. However, those in the innovation technology industry can better understand and visualize the larger implications of IoT. Innovation Technology: Winners & Losers. A key part of most any innovation is cost.

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How to Achieve High-Quality Ideas in Idea Competition?


In the previous blog post, we laid out the concept behind in-house innovation competition and the benefits that come with it. Now, we will give you a few useful tips on how to manage the contest to assure high-quality ideas are born. If you already picked a suitable innovation management platform to get you started, it is time to plan your first idea contest. Internal idea competitions are a great way to take the organizational innovation culture to a new level.

Qmarkets Invited to Present at the Lufthansa Group Business Innovation Forum V, 2016


Taking place on the 8th of November at the cutting edge Lufthansa Seeheim facility near Frankfurt, the Lufthansa Business Innovation Forum 2016 brought together over 80 senior representatives to recognize and promote innovative activity within Lufthansa Group. It was a pleasure for the Qmarkets team to attend this event, and truly inspiring for us to witness the internal efforts of Lufthansa to implement a culture of innovation across the company.

How to accelerate innovation in the motor sector


The road to innovation can seem fraught with obstacles. But if companies do not innovate today, they will be faced with barriers that may absolutely impede their future survival. The motivation behind this initiative is to accelerate innovation. Request a demo. Innovatio

The Root Cause for Innovation Theater and How to Avoid It


In a recent post, I shared a reference implementation of an innovation funnel built on the Continuous Innovation Framework and cautioned that while funnels are powerful visualization tools, they have their limitations. A reference innovation funnel built on the Continuous Innovation Framework The biggest limitation is sub-funnel optimization which, in this case, is one of the leading causes for Innovation Theater. Build better innovators.

Aiming High: Qmarkets’ Innovation in R&D Journey Towards Improved Idea Management Solutions


In this respect, innovation management solutions are invaluable. . Ironically, it was this concept that also inspired me personally when I began working on Qmarkets’ idea and innovation management software almost 10 years ago.