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Turn Ideas Into Outcomes: A Framework for Maturing Your Innovation Portfolio

Innov8rs

From idea competitions and startup incubators to virtual whiteboards and design thinking workshops, there is no shortage of mechanisms for brainstorming what’s possible in an organization. Ideation on its own isn’t enough to drive innovation outcomes—and could even be a waste of resources if not governed properly. Here’s how.

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Developing an Effective Innovation Process: Benefits, Steps & Secrets for Success 

Qmarkets

Establishing the right innovation process to deliver on your enterprise company-wide strategy can be a real challenge, but it is crucial to the success of any innovation program. All of these need to be used at the right time, and in the right way, so that your innovation program delivers maximum value at minimum cost.

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The 5 Conditions For High-Performing Innovation Teams

Innov8rs

Some might prefer to spend time on ideation, while others are keen to get going with developing and implementing a solution. If the team knows that as a whole it has a low preference for ideation, for example, it can put processes and clear objectives in place for this phase.

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Why Your Innovation Funnel Needs an Overhaul: A Step-by-Step Guide

Qmarkets

Traditionally the Innovation funnel is a stage-gate process that organizations use to define their approach to ideation. However, here at Qmarkets we believe that this is only one part of a greater innovation funnel. Leadership will have goals determined by factors such as revenue, culture, and operational costs etc.,

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Why Your Innovation Funnel Needs an Overhaul: A Step-by-Step Guide

Qmarkets

Traditionally the Innovation funnel is a stage-gate process that organizations use to define their approach to ideation. The Qmarkets Innovation Ecosystem is made up of 3 main phases: Front End Discovery, Innovate & Craft, and Commercialize.

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Calculating the ROI of an Idea: Ideas That Saved Time

IdeaScale

What’s important is that calculating ROI for an idea makes sense for your business, your leadership and is a process that can be applied consistently across a variety of promising ideas and innovation decisions. Design your Open Innovation Campaign to Collect Financial Data . Introduction to ROI.

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8 Types of Innovation in Business: A Comprehensive Guide

Qmarkets

Broad Categories of Innovation At the heart of the innovation spectrum lie two broad categories that encapsulate the range of strategies businesses can deploy: incremental innovation and radical (including disruptive) innovation. Find out more on our product pages.