What’s the Best Idea Criteria for Innovation Programs?

InnovationManagement

One of the most popular webinars that IdeaScale has ever hosted is our webinar on how to select the best ideas. We are constantly being asked by our customers and prospects, “how do I know a good idea when I see one?” The post What’s the Best Idea Criteria for Innovation Programs?

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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The 7 Seeds of Idea Management Platform Success at Barenbrug Group

Qmarkets

In our last blog for Qmarkets we introduced you to the concept of Three Horizons and explained how this methodology can help you create a balanced long-term innovation portfolio. In the last piece, we shared 7 critical success factors for a three-horizon approach to innovation management.

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.

6 Key Dimensions for Assessing Innovation Management Software

Rallying corporate support to find the best idea management software is enough of a battle on its own - but the process itself doesn't have to be. This guide was created to help you navigate the murky waters of innovation tools, aligning features and functionalities with the goals and requirements of your program.

Assess Your Innovation Program

Planview

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. That’s why having an effective innovation program is so important to stay afloat. The challenge for many program leaders and their innovation programs comes down to their level of involvement in the idea implementation process.

Innovation in Media – Renowned Swiss Publishing House Launches Qmarkets’ Idea Management Platform After Successful Pilot

Qmarkets

Somedia – one of the largest media companies in Switzerland – have selected Qmarkets’ idea management platform to crowdsource ideas from their employees. This would lead to employees becoming frustrated and less likely to share ideas in the future.

How Innovation Management Contributes to The Success of Digital Transformation

Acuvate

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.

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. Number of ideas generated. Number of ideas funded.

4 Signs It’s Time to Hire an Innovation Management Consultant

IdeaScale

Innovation management consulting has emerged as a profession as businesses, nonprofits, and other organizations have started prioritizing innovation. Innovation management consultants help organizations establish innovation programs and keep innovation on track. Organizations of all kinds have watched as innovative companies disrupt industries and change the competitive landscape. Trying to innovate everything at once can backfire.

The 7 Innovation Management Success Factors at Barenbrug Group

Qmarkets

In our last blog for Qmarkets we introduced you to the concept of Three Horizons and explained how this methodology can help you create a balanced long-term innovation portfolio. In the last piece we shared 7 critical success factors for a three-horizons approach to innovation management.

Questions & Answers with an Innovation Management Leader from Intel

Qmarkets

Last month we hosted a webinar with Viki Almog-Ayzenberg from Intel on the topic of Scaling Innovation Success. This insight-packed session told the story of Intel’s experience implementing a decentralized approach to innovation across various business units at the company.

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.

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

Imaginatik

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.

Enterprise Innovation Management Research Report

eZassi

CIMdata Publishes Enterprise Innovation Management Solutions Landscape — Connecting the Dots. eZassi Participates in CIMdata’s Enterprise Innovation Management Solutions Landscape Report Findings. CIMdata recently published this report, eZassi participated in the report findings, providing insight, commentary, discovery and suggestions to aide in guiding enterprise organizations with connecting the dots of enterprise innovation management (EIM).

Use This Template as a Calendar for Innovation

InnovationManagement

One of the reasons why so many crowdsourced innovation programs struggle is because it is difficult for innovators to gather, process, select and implement ideas on a continuous basis. The post Use This Template as a Calendar for Innovation appeared first on Innovation Management. Strategies calendar idea management Ideation innovation planning template

How to Build Careers with Innovation

IdeaScale

There are a number of ways that participating in or administrating an innovation program can help build your career. If you’re wondering how to build careers with innovation, look to these three IdeaScale examples. Your Great Idea is Recognized ! Marketer, Brian Stearns, suggested a new product idea that generated millions of dollars in sales during its first year. You Make Ideas Possible ! You Create a System Where Ideas Flourish.

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What NASA Can Teach Us About the Intrinsic Value of Connecting to Other Innovators

InnovationManagement

Numerous organizations run crowdsourced innovation programs, because companies can find better new ideas and take action on those ideas faster. This process allows companies to set a challenge and gather ideas from hundreds, thousands, or hundreds of thousands of participants. The post What NASA Can Teach Us About the Intrinsic Value of Connecting to Other Innovators appeared first on Innovation Management.

The Importance of Decision

IdeaScale

I f you have had trouble implementing ideas, please know that you are not alone. Implementation is a challenge shared by all innovation managers. But with a clearly defined process, you will be well on your way to making ideas a reality. In order to convert ideas into action and action into results, we need two things: A decision to take action. To learn more about how to implement ideas, watch this complimentary webinar!

Top 10 Innovation Links of the Week: 12.4.15

Planview

Welcome to Spigit’s weekly roundup of innovation links, where we feature a carefully curated selection of our favorite content on innovation, crowdsourcing, and more from around the web. Lean Innovation Management – Making Corporate Innovation Work. The skinny: Steve Blank outlines how lean innovation practices can drive 10 times the number of initiatives in a fifth of the time. Innovation and the Art of Implementation.

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Top 10 Innovation Links for the Week of 1.8.16

Planview

Welcome to the first 2016 weekly roundup of innovation links, where we feature a carefully curated selection of our favorite content on innovation, crowdsourcing, and more from around the web. A New Blueprint for Collaborative Innovation. The skinny: Chief innovation officers, leaders of innovation programs, and people who seek transformative change for their organizations should definitely be reading the Dirty Maple story and applying the blueprint to their own situations.

When Does Creativity Become Innovation?

KindlingApp

There’s a lot of emphasis in the idea management world on being creative—see Fast Company’s Most Creative People in Business 2015 , for example—but it’s not always obvious that being creative is only step one. Innovation requires creativity, but creativity on its own isn’t enough to move a company forward. To be truly innovative, we need to harness and structure the creativity that we already have. Innovative ideas are ideas that have an impact.

Successful Innovation Means Finding Time to Make Decisions

KindlingApp

Let’s not kid ourselves: being the project manager of an idea management process is a tough job and one that requires time, passion, consistency, and dedication. At the same time, for most project managers, idea management is probably not their full time job or primary responsibility. The ROI might not even show an immediate payoff—but when a project manager does a good job, the results are worthwhile for the organization.

Who’s Afraid of Innovation Management? – How to take a small step towards innovation, and a giant leap for your company

Qmarkets

With crowdsourced innovation now a proven profit maker - many companies are rushing to initiate innovation programs and deploy innovation management platforms. Despite the success of these systems, however, many senior managers are still wary of them. This post will offer a few tips to help you get started with your very first innovation management project. Will we only get silly or unrealistic ideas?

Who’s Afraid of Innovation Management? – How to take a small step towards innovation, and a giant leap for your company

Qmarkets

With crowdsourced innovation now a proven profit maker - many companies are rushing to initiate innovation programs and deploy innovation management platforms. Despite the success of these systems, however, many senior managers are still wary of them. This post will offer a few tips to help you get started with your very first innovation management project. Will we only get silly or unrealistic ideas?

Open Innovation: Your Guide to Harnessing and Managing the Best Ideas

IdeaScale

Open innovation allows everyone to compete equally, whether their development budget is large or small. What is Open Innovation. Open innovation is a paradigm shift that assumes organizations can and should use external ideas as well as internal ideas to determine as path to market and advance technology. The act of implementation , of effectively turning new ideas into new processes and products, is now the primary differentiator between success and failure.

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.

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.

Planbox Acquires Imaginatik Creating an Agile Innovation Powerhouse

Imaginatik

Planbox, the pioneering provider of AI-Powered Agile Innovation Management software, and Imaginatik, the #1 ranked leader in Corporate Innovation Management according to Forrester Research, will join forces to seize on the innovation boom. Under the agreement, Planbox will acquire all of the assets of Imaginatik Plc (LON:IMTK) related to its Enterprise Innovation Management platform and global operations.

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The Rise of the Innovation Department

IdeaScale

Companies of all sizes are organizing their innovation programs around their crowds these days. The reason for this is because a great deal of research has emerged that proves the power not just of valuable ideas, but connections between valuable ideas. That’s why companies use systems like IdeaScale where anyone (customers, employees, partners) can submit ideas, combine ideas, build on the ideas of others, and more.

Rules of enterprise innovation

hackerearth

We know from our history that while promotions may win quarters, innovation wins decades.”. But for an innovation program to be efficient and successful, there are certain guidelines or best practices an organization needs to abide by. These is a reason why in some companies, such as Facebook and Google, even interns come up with ideas that are rolled out to millions of users. These companies understand that good idea can come from anywhere. Measure and Manage.

Creating a Culture of Innovation

Innovation in Practice

There have been times I sat down with a client and I told them, “your organization is very innovative”, but they don’t believe me. I tell them, if you don’t perceive yourself as innovative, then you’re not. Here’s what they need to see and believe: An innovative corporate culture is one that supports the creation of new ideas and the implementation of those ideas. See innovation as a competency. Innovation is a skill, not a gift.

How to Manage Innovation Exploration With the Support of an Ideation Platform

Qmarkets

As such, more and more of these companies are thinking about how to better structure their innovation exploration activities. Not only is continuous innovation necessary for survival, but also constant refinement and recalibration of existing business models.

Are Japanese Companies Afraid of Innovation?

IdeaScale

How do you define innovation? I define innovation as creating and capturing new value as the Global Innovation Management Institute does. . Surprisingly, 0 companies had defined innovation for their company! Of course, there is no right or wrong answer, but we’ve been asking if shows that they might not have fully defined a strong innovation strategy. In Japan, sometimes innovation is seen simply as a marketing tactic.

Wrestling with Innovation?

Planbox

Building innovative systems is like sumo wrestling in more ways than one. For starters, ask any seasoned innovator and they’ll tell you that developing a world-class innovation program requires some serious heavy lifting. The post Wrestling with Innovation?

Can an Open Innovation Challenge Methodology Help Solve the Refugee Crisis?

Qmarkets

It’s time to realize the power an open innovation challenge methodology - specifically one that involves crowdsourcing - can have when it comes to affecting real change. By following a structured, systematic idea management process, corporations use the collective mind of their own people to design new improved technologies, products and services, to continue improve processes, optimize operations and cut costs.

Can the Wisdom of Crowds Help Solve the Refugee Crisis in Europe?

Qmarkets

By following a structured, systematic idea management process, corporations use the collective mind of their own people to design new improved technologies, products and services, to continue improve processes, optimize operations and cut costs. . On both fronts, crowdsourcing--tapping on the collective wisdom of people in Europe and the rest of the world--can become a valuable source of ideas and solutions. .

Corporate Challenges to Innovation – How Do You Keep It Going

IdeaScale

This article is part 6 of a 5 part series, originally started on the Ever Evolving website , where we are taking a deep dive into the 5 common challenges to innovation that an organization faces. But considering this is a special article written in collaboration with our friends at IdeaScale and the fact that I’m an innovator and not a math whiz, I’m allowing it. They are as passionate about Innovation as we are…which we weren’t sure was even possible.

Can the Wisdom of Crowds Help Solve the Refugee Crisis in Europe?

Qmarkets

By following a structured, systematic idea management process, corporations use the collective mind of their own people to design new improved technologies, products and services, to continue improve processes, optimize operations and cut costs. . On both fronts, crowdsourcing--tapping on the collective wisdom of people in Europe and the rest of the world--can become a valuable source of ideas and solutions. .

What is the use of innovation software?

ideas4allinnovation

The first benefit a company seeks when using innovation software can seem the most logical for such software: innovate with new products, services or processes that may make the organization more competitive in its market, staying ahead of its competitors. There are many other examples, such as helping to align employees with the organization and its strategy, priorities, or actions within its corporate innovation program. Why choose an innovation management software?

Gartner Research Insights: 5 Innovation Hacks to Boost your Digital Return

Qmarkets

Hackathons, internal innovation programs, open innovation, technology acquisitions…these days it seems like everyone is jumping onto the innovation bandwagon. How is innovation best performed? Can guidelines for innovation be created? The survey presented five key innovation practices which delivered the highest improvements in performance. Once upon a time innovation was a technique practiced by lone inventors.

Gartner Research Insights: 5 Innovation Hacks to Boost your Digital Return

Qmarkets

Hackathons, internal innovation programs, open innovation, technology acquisitions…these days it seems like everyone is jumping onto the innovation bandwagon. How is innovation best performed? Can guidelines for innovation be created? The survey presented five key innovation practices which delivered the highest improvements in performance. Once upon a time innovation was a technique practiced by lone inventors.

Imaginatik CEO publishes groundbreaking business book

Imaginatik

The book is co-authored by Imaginatik CEO Ralph Welborn and UST Global CEO Sajan Pillai and provides global lessons on innovation strategy for forward-thinking business leaders. Imaginatik is the only innovation solution provider which has uniquely combined a proven innovation program with purpose-built idea management software to enable companies to achieve breakthrough and continuous innovation at scale.