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3 Tips for Measuring the Impact of Your Innovation Platform

Planview

From aerospace to retail, every industry is impacted by disruption, whether it’s from new technologies, new customer experiences, or even new business models. The post 3 Tips for Measuring the Impact of Your Innovation Platform appeared first on Spigit.

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Why corporate innovation is harder than a startup

Jeffrey Phillips

I've rarely worked in a large company that could not afford to conduct an innovation project - most innovation projects cost at most a few million dollars, from initial trend spotting and idea generation to launch of a new product. In fact, many ideas hope to do just that. The funding is available, but hard to acquire.

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Assess Your Innovation Program

Planview

In today’s world of work, disruption—whether it’s from new technology, new business models, or customer experiences—is the new normal. Such disruption, impacting companies regardless of industry, is fueling the sense of urgency behind innovation. Either your organization is innovating or it’s getting swallowed up by the competition.

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Infoxication: Why Big Data is the solution

mjvinnovation

In other words, differentiate yourself in the market, create disruptive products and services, satisfy the consumer and get to know the competition better. Start now: 5 tips to build your Big Data Strategy. Tip: Works well with companies with large historical databases that can be harnessed without much effort.

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3 Innovation Specialists Busting the Myth About Brainstorming

Innovation in Practice

One study compared classic brainstorming sessions with sessions in which brainstormers were told what criteria would be used to evaluate their ideas and encouraged to use this information to guide their idea generation. The ‘criteria cued’ groups produce fewer ideas, but a larger number of high-quality ideas.

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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. For organizations that are already getting tons of ideas from the people in their extended networks, continuing to push for suggestions might start to seem less important. Here’s what we learned.

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What is innovation? 15 experts share their innovation definition

Idea to Value

Useful tip: if you see a quote which you find insightful or interesting, you can instantly share it by just highlighting the text with you mouse. I define the innovation process as a great idea, executed brilliantly, and communicated in a way that is both intuitive and fully celebrates the magic of the initial concept.