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Overall Innovation Program Health

IdeaScale

The IdeaScale reporting dashboard offers you a snapshot of your overall innovation program health so that you can make choices on where your innovation program needs to be improved. Here are just a few of things that you can learn about your program from the reporting dashboard. What the top of the innovation funnel looks like. This shows one of the innovation input metrics that you can use for planning.

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What’s the Best Idea Criteria for Innovation Programs?

InnovationManagement

Some people are looking for financial predictions, some people want to know how an idea measures up to their organizational objectives, but everyone is looking for the perfect set of criteria so that they can evaluate ideas at some point during the innovation process and validate them.

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Introducing LaunchPad, Strategic Education, Inc.’s (SEI) Latest Innovation Program

IdeaScale

The company owns online Capella University and Strayer University, as well as non-degree programs schools such as DevMountain, Hackbright Academy, and Sophia Learning. So let’s learn more about their program. How to innovate around racial equality in education?

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? Knock Your Innovation Program Out of the Park

Planbox

Innovation, for all intents and purposes, plays a similar function in the corporate setting because it engages your workforce in the same way sports do, as employees are brought together to participate in something bigger than themselves. Innovation is not immune to failure.

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Is There Value in an Innovation Program for Your Company?

InnovationManagement

In my last article I wrote about the influences and themes that I see changing how large, mature and (often) incumbent organisations drive innovative growth and impact. In short, the innovation development professionals are (ironically) being disrupted.

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Engaging People in Innovation

IdeaScale

Engaging people in innovation is at the heart of what we do at IdeaScale. No innovation program succeeds if they’re not constantly working to increase the number of new ideas in their community, the amount of conversation and collaboration that can happen in the comments, refinement and beyond, or generating new interest so that new members are joining all the time. Valuing the individual and time that they have put aside to participate creates increased engagement.

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7 Incentives to Increase Participation in a Crowdsourced Innovation Program

InnovationManagement

Every year, one question tops all the others that our customers might bring to us: how do I increase engagement in my innovation community? We see this question even in the most robust and activated innovation programs.

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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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Death by Spreadsheet: Avoiding Innovation Program Failure

KindlingApp

Recently we had a customer come to us for help with running a strategic nationwide innovation campaign. Better connected employees is definitely essential to any successful innovation program, but idea submission isn’t just a function of having software to connect people. Idea submission in an innovation program—and participation in general—hinges on the existence of a feedback loop that helps employees understand what happens to their ideas and why.

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The Four Essentials For Engaging the Crowd With Your Innovation Program

InnovationManagement

Each strategic consultation with an IdeaScale Innovation Strategist starts with you. The post The Four Essentials For Engaging the Crowd With Your Innovation Program appeared first on Innovation Management. Open Innovation StrategiesWhat outcomes would you like to see in 6 months time? in 1 year?

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Is Your Innovation Program Changing Employee Sentiment?

IdeaScale

Many people launch an innovation community as a way of improving their employee engagement scores. This is actually possible directly within IdeaScale using the survey tool, which can pose questions to every member of the community, but before you do that, you might want to think about what it is that you want to measure in order to find out how people truly feel about your innovation program. What is it that your community comes to your innovation program for?

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5 Innovation Engagement Best Practices

IdeaScale

Companies that do this contribute to overall innovation program health by ensuring a healthy top of the funnel stocked with ideas and allies. Not every innovation program has developed the communications skill set necessary to engage a global workforce or customer base in sharing ideas, developing ideas, and collaborating. And if you’re not investing in communications, then you’re not maximizing the value of your crowdsourced innovation community.

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Rating Your Innovation Program: Vanity Metrics vs. True Impact

Moves the Needle

How do you measure the success of your innovation program? In my experience guiding corporate innovators, I have found that even the most well-intentioned teams aren’t evaluating true impact—instead, they deliver vanity metrics, which offer, at best, a measurement of partial engagement. You are measuring website traffic, video views, innovation team sign-ups, etc. The challenge is assuring that their engagement is real, and not just “signaling.”

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Examples of Great Innovation Engagement Videos

IdeaScale

When participation from your crowd is critical to your innovation program, you’ve got to have a multi-channel engagement strategy that works. But it’s often truly inspiring and easier to understand if you invite your crowd to participate in your program if you share a video that demonstrates your program and its value, which is why we wanted to highlight some examples from some leading innovators. Best Practice communications engagement Innovation video

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Striking Gold – How Hochschild Mining’s Employee Innovation Program Unearthed a $40m Idea

Qmarkets

Hochschild ’s innovation initiatives are focused on optimizing its current operations through continuous improvement, with a particular focus on corporate responsibility. As part of this, I work closely with the innovation team which focuses on bringing new and challenging ideas to the company. That’s why I’ve been engaging with the Qmarkets platform, to enable anyone at the company to bring forward new and interesting ideas. Ten of those are on the innovation team.

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What Do the Best Innovation Programs Have in Common?

InnovationManagement

An in-house innovation program is becoming a common fixture in the most competitive organizations. However, in a recessed economy, these research & development programs can sometimes get eliminated, because they struggle to prove or articulate value. Strategies communications crowdsourcing engagement failure innovation metrics moderation Success

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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.

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5 Practical Ways For Creating a Successful Innovation Program

Acuvate

Innovation practice has made some amazing progress over the last few years. Large enterprises are trying various programs to foster new innovations in an attempt to find the best way to change course for their big ships. To resist ever-growing challenges, organisations are increasing their investments in innovation and deploying a variety of strategies. You’ve heard it a thousand times now: organisations need to invariably innovate to sustain. Open Innovation.

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4 Ways to Breathe New Life into Your Innovation Program

Planview

You’ve done the groundwork for creating a successful innovation program. You’ve learned what mistakes to avoid , and even moved forward with adopting innovation management software like Spigit to enable innovation in a way that’s valuable and repeatable. If you’re still struggling to make the connection between ideas and outcomes, here are 4 things you can do to invigorate your innovation program. Up the Ante on Incentives to Maximize Employee Engagement.

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How Liebherr Engages Its Customers with Crowdsourcing

Hype

This blog post is part of a series on successfully managing open innovation programs. Open Innovation

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How To Actually Kill Culture with Innovation Programs

Ideanote

Dedicated innovation programs and labs are modern versions of good ol’ silofication. People, teams, initiatives, projects, products, whole departments, become separated from each other, all in the name of innovation. As such, rather than drive innovation, they could actually be killing it. Dedicated innovation programs are to many companies what big perms were to the 80’s – an absolute necessity. There are many types of innovation programs.

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Why do innovation programs fail

hackerearth

It is the failure to innovate that led to its “demise.”. In other words, it is because sometimes innovation strategies fail to produce products/ services that the customers want. Which brings us to the question, “Why do innovation programs fail?”. Below are 6 reasons why innovation programs can fail. Leaving innovation to chance is more often a gamble where odds are not always in your favor. Banking on a single program. Innovation advocate.

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Employee Engagement Propels Innovation

Planview

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. Pfizer engages 90,000 employees for hundreds of innovations.

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Successfully Merging Theory and Practice in your Innovation Program

Qmarkets

Eric Gabas-Varini is the Partner and Co-Founder of Innovation Framework Technologies, a consulting firm which was founded in Paris, but has since established regional offices in the United States, South Korea & Japan, with a network of associate offices in Latin America and the Middle East. With a strong background in R&D, Eric now uses his expertise to help leading organizations deliver innovations across a range of industries and use cases. Engaging the staff.

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Challenge Deployment Toolkit: A Strategic Approach to Scaling Innovation Program Engagement

Planview

One popular New Year’s Resolution is getting fit – so here at Spigit, we wanted to share with you a series about how to get “Innovation Fit” in 2018 to ensure your innovation program is set up for success. When we think about ideation as a business discipline , there’s one topic that’s important to talk about when it comes to the value a company derives from an innovation program: scale. All great things to target in your innovation program as well.

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Grow Like Flo in 2016: Taking the Lead from Progressive’s Crowdsourced Innovation Program

Planview

Here are a few things the team at Progressive is really, really good at: (1) creating one of the most iconic brand mascots to ever hit the insurance scene; (2) leading the charge in industry breakthroughs, like data-driven driving services; (3) developing awesome new products, services, and processes with crowdsourced innovation. This year, enterprise leaders can learn a great deal from the insurance giant about crowdsourcing innovation successfully.

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Innovation Management Day 1: How to Launch Your Program

HYPE Innovation

In the above webinar, HYPE's Colin Nelson looks at how companies launch their innovation programs, and the key considerations to have in mind. Firstly, why do organizations implement innovation programs? The three reasons our clients mention most frequently are: driving more innovation, reducing costs, and increasing employee engagement. An effective innovation program starts with the end goal in mind: what should it set out to achieve?

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How to Launch an Effective Innovation Program

Tata Consultancy

Innovation is much more than just ideation. To be an innovator, your organization needs to build on the new and novel ideas you generate to realize their expected benefits. Rapid, iterative experimentation and monetization – the often overlooked ‘back-end of innovation’ – can help you convert interesting concepts into useful innovations. Just as a startup goes through different stages of growth, we’ve observed innovation programs do the same.

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Hackathons – 3 tips for getting started quickly

Imaginatik

Now, corporations are lining up to use them as a means of developing ideas and driving engagement around innovation programs. And yet…despite the buzz, many corporate leaders instinctively feel that organizing hackathons might not work for them, either because hackthons would be too time-consuming, and/or would create a distraction from other innovation and ideation efforts. engagement Hackathons Innovation Programs

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What Do Leading Innovators Do Differently

InnovationManagement

Every year, IdeaScale hosts the global Innovation Management Awards and honors winners in three different categories: engagement, process, and implementation. The post What Do Leading Innovators Do Differently appeared first on InnovationManagement.

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How Does an Employee-Owned Fortune 500 Company Manage Their Innovation Lab?

InnovationManagement

The post How Does an Employee-Owned Fortune 500 Company Manage Their Innovation Lab? Collaborative Innovation Employee Engagement innovation lab innovation program student engagement

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Successfully Merging Theory and Practice in your Innovation Program

Qmarkets

Eric Gabas-Varini is the Partner and Co-Founder of Innovation Framework Technologies, a consulting firm which was founded in Paris, but has since established regional offices in the United States, South Korea & Japan, with a network of associate offices in Latin America and the Middle East. With a strong background in R&D, Eric now uses his expertise to help leading organizations deliver innovations across a range of industries and use cases. Engaging the staff.

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Innovation SOP: Tips for Today’s Leaders on How to Launch an Innovation Program

Qmarkets

Qmarkets’ Innovation Standard Operating Procedures (SOP): In this series, we will present different guidelines on how to bring innovation theory to practice. Many times, trying to launch an innovation program at your company can encounter endless pitfalls and stumbling blocks, as illustrated in this example from the Harvard Business Review. When senior leadership says they want ‘innovation’ within the company, what does that mean? Investing Wisely in Innovation.

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Ten Reasons to Hire an Innovation Keynote Speaker

Braden Kelley

Innovation Keynote Speakers are often misunderstood, maligned, and underutilized. The … Continue reading → culture education eLearning Innovation Leadership Management Chief Innovation Officer content Employee Engagement employee retention Employees facilitation facilitators Innovation Director Innovation Manager innovation programs innovation speaker Insights keynote speakers public speakers Talent Top 10 training Workshops

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Measuring Innovation Program Success: 3 Lessons from Bechtel

Planview

Measuring the success of an innovation program is a critical step in determining the impact it has on a company’s bottom line. But how do you know if your innovation program is delivering value? It was moderated by Spigit’s VP of Innovation Strategy, Maggie Riad, who spends a lot of her time speaking with clients about measuring the success of their programs. For example, is increasing employee engagement and involvement a top priority?

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Why Engaging Startups can Drive Corporate Innovation Initiatives

Collectivecamp

I recently caught up with Kmart Australia’s innovation program manager, Fabio Oliveira, on my podcast for a discussion on innovation in retail and what the ‘store of the future’ might look like

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How to manage communication in your innovation program

ideas4allinnovation

Communication is essential if an organization wishes to engage its employees in its corporate innovation program, while also aligning participation with the organization’s objectives. Nor will all ideas generated in the program have an impact on the corporate income statement.

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6 Steps to Getting Executive Buy-In for a Crowdsourced Innovation Program

Planview

Engaging the “crowd” at scale in your innovation initiative has been proven to fundamentally transform companies. From vehicle manufacturer, Polaris, leveraging its employees’ creativity to out-innovate the likes of Harley Davidson, to the UNHCR changing the lives of millions of refugees through crowdsourcing ideas. The advantages of crowdsourced innovation can’t be ignored. But what’s the secret to creating and sustaining a successful innovation program?

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

Imaginatik

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.

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Culture Jolt #21 - Align engagement, not obligation

Values Centered Innovation

Welcome to our 3-Minute Conscious Innovator ® process! Are you ready for a new, insight-provoking “Jolt” … something designed to “rearrange your molecules” as it elicits your unique, innovative potential in life and work? Jolt #21: Align engagement, not obligation.

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The Total Economic Impact of an Innovation Program Driven by Spigit

Planview

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.

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

Planview

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?

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Spigit Product Release Employe Engagement

Planview

Meanwhile, research shows that investments made by organizations to increase employee engagement have barely had an impact over the last 15 years. $7 7 trillion in costs and employee engagement stagnation for the past 15 years…the status quo isn’t working for companies to say the least. From turnover to absenteeism, businesses are suffering from the lack of engagement from their employees a different approach needs to be taken to stop the bleeding.