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6 Lessons from Our 2018 Innovation Management Award Winners

IdeaScale

IdeaScale recently announced the winners of our 2018 Innovation Management Awards. Queensland Police Service was recognized for Best Engagement Strategy, Covia won the award for Best Innovation Process, and the Transportation Research Board won for Best Innovation. Here’s what they learned.

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Boosting Innovation: Harnessing AI for New Product & Service Development

Leapfrogging

AI technologies are enabling a more data-driven approach to innovation management, enhancing the ability to predict trends, understand consumer behavior, and generate creative ideas at scale. It helps organizations to: Anticipate future trends and consumer demands. Tailor products and services to specific market segments.

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AI-Powered Design Thinking: Accelerating Innovation and Insights

Leapfrogging

Businesses that innovate can respond to shifts in consumer behavior, leverage emerging technologies, and enter new markets with agility. The integration of AI amplifies these capabilities by improving design thinking with AI , thus accelerating the innovation process.

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The Future of Design Thinking: Embracing AI Tools for Success

Leapfrogging

Adapting to the use of AI not only enhances creativity and productivity but also leads to more informed decision-making and ultimately, better outcomes in new product development, service innovation, and business strategy. This capability allows teams to anticipate and address potential issues early in the design process.

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Measuring Innovation Performance

Why do only a third of the organizations worldwide have formal innovation metrics in place despite accepting that innovation is critical to survival? Download this eBook to learn about the 5 basic principles that guide every successful innovation process.

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7 Habits of Highly Innovative Companies

ITONICS

Nevertheless, many market participants still face the enormous challenge of figuring out the blend of all necessary elements and the right mix for a successful innovation process. Even fewer have persistently developed and implemented habits and processes that foster sustainable innovation. Top Model Principle.

Company 57
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Choosing the right innovation approach for your business

hackerearth

Creating new business models or value propositions, enhancing the efficiency of existing businesses, and sustaining growth in a complex competitive and fickle landscape—that’s innovation. It is an arduous journey, inherently risky.But innovation partners, consultants, and innovation management software offer much promise in this space.