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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?

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Is Your Innovation Program Successful?

InnovationManagement

In an Innovation Point article , Founder Soren Kaplan notes that only one third of Fortune 1000 companies have defined innovation metrics. And yet 77% of business leaders see innovation as a priority. Strategies fortune 500 idea management innovation capability innovation results inputs measure metrics NPS outputs revenue savings

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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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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.

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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.

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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.

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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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Innovation Programs Are Good, Just Not Good Enough.

helloFUTURE

Like most big companies, you’ve probably run or are currently running, at least one internal innovation program. It might be small workshops, departmental level programs, the rollout of an enterprise idea management tool like Spigit, or something less formal. In our experience, innovation programs are great at generating small, incremental innovations, but they don’t go… The post Innovation Programs Are Good, Just Not Good Enough.

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How the Kindling Team Uses Idea Management

KindlingApp

A major challenge I regularly face in marketing Kindling is explaining the seemingly simple concept of "ideas" as they feature in idea management. When we say "ideas," we don't just mean major new product concepts or earth-shaking strategy innovations—Kindling is useful for managing ideas on any scale and from a huge array of sources. Account Management. Features Innovation Program

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Can Small Teams Run Innovation Programs?

KindlingApp

Most discussions about “innovation,” including those here on our blog , focus on one of three kinds of innovation: the abstract notion of creativity-driven progress and improvement, the specific activity by an individual of introducing that progress, and the need to institutionalize the same progress as an element of corporate culture and process on an enterprise scale. We generally call that last kind an “innovation program.” Innovation Innovation Program

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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. Number of ideas generated. Number of ideas funded.

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Idea to Impact: The Maturity of Innovation Programs

Planview

We recently published an article that introduced the shift from idea management to full lifecycle idea management. The main premise of the article was to shed a light on an important aspect of ideation and innovation programs: impact. In other words, it’s not enough to just come up with great ideas – that’s not the hardest part. What’s more important is what you do with these ideas and the impact they have on your business.

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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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Your Guide to Fueling Enterprise Innovation in the Transport Industry

Qmarkets

For vehicle manufacturers and service providers in the global transport industry right now, innovation isn’t so much optional as existentially vital. In this blog, we’ll explore some of these trends and make a case for an effective innovation management program to capitalize on them.

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Innovation Message Template

Gregg Fraley

Basic Innovation Messaging to Operational Employees. After doing a recent short video (“Innovation Minute”) on basic innovation training for operational employees, I was asked a number of questions. And then there was the question of what, exactly, to communicate about innovation. It depends on your goals as an organization, and on how your innovation program is structured. Template for Innovation Messaging Content to Employees.

Project 45
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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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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

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Transport Innovation: Your Guide to Driving Industry Innovation

Qmarkets

For vehicle manufacturers and service providers in the global transport industry right now, innovation isn’t so much optional as existentially vital. In this blog, we’ll explore some of these trends and make a case for an effective innovation management program to capitalize on them.

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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.

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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.

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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!

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Innovation and Cost Savings

InnovationManagement

Even if your organization doesn’t yet have an embedded innovation program, I can guarantee that your organization cares about finding opportunities for savings. That’s why programs like LEAN and Six Sigma continue to do so well. Strategies affordability efficiency idea management incremental lean NYU savings six sigma students

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Eleven Innovation Bullets to Dodge

Gregg Fraley

What You Should Be Learning in Innovation Training. Eleven Innovation Bullets to Dodge, in no particular order. Lack of Managment support will effectively kill any innovation program no matter how well conceived. Very few organization’s are any good at all at Brainstorming/Idea Generation. Innovation team leaders who avoid conflict are doomed to fail. A lot of innovation training is happy talk, or super-wonky detail talk.

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The Innovation 'Function'

Imaginatik

Innovation” is often discussed in terms of the “idea” as the product and the formation of that idea as somehow unique and ineffable …. In that vision of the “innovation funnel” the idea is at the end… the goal. At Imaginatik, we call this the “fluff and magic” vision of innovation where value can only be created by anointed innovation/design Shamans toiling in exposed brick and beam lab/temples. Any organization can be innovative.

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Seven Innovation Fundamentals for Leaders

Gregg Fraley

Innovation Fundamentals for Leaders. Invest in Frameworks, But First, Establish a Culture Where Innovation Thrives. For results, leaders need to foster innovation fundamentals and integrate them into organizational culture. More structure is needed as fundamentals take hold, and that means an innovation process framework. This series of posts on innovation fundamentals is not about frameworks. There is no innovation without creativity.

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Incentivizing Innovation: Should I Offer Rewards for Good Ideas?

KindlingApp

Convincing your employees to submit ideas to an innovation program is a challenge we’ve written about extensively , but we usually discuss the problem in terms of preventing loss of engagement. That’s probably a consequence of our perspective—we're always thinking about innovation and understand that the value it adds for organizations is essential, rather than optional, so we often offer advice to keep participants from losing interest in submitting ideas.

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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.

Project 40
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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.

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Why Is Structure Important in Innovation?

KindlingApp

Why is an innovation program better for idea management than a suggestion box or an Excel spreadsheet? Structuring innovation means building the foundation for idea submission. Around which topics will people innovate? What are the rules or constraints governing idea submission? Building an innovation program means thinking about each of these elements of structure–who, what, and how–before idea submission even begins.

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Different Ideas Emerge From Different Doing

Gregg Fraley

Innovation Programs Based On Best Practices are Doomed to Mediocrity. Things I’ve heard recently from c-suite executives about their own innovation programs: “Floundering and ineffective, if I’m honest.” ” “We don’t do idea generation well.” ” These are the words I’ve heard innovation directors and c-suite executives use to describe their own innovation programs.

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Innovation Training Under Utilized

Gregg Fraley

Training Accelerates Innovation. 94% of managers are unsatisfied with their companies innovation performance. 70% of CEO’s see innovation as a key driver of growth. Why then is corporate America so woefully undertrained in innovation fundamentals? Energy is Not Enough, Get Training in Innovation . When I step into a room to facilitate a strategy, innovation, or idea generation session I usually find a great deal of energy.

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Building an Idea-Driven Organization at HCA

KindlingApp

At the recommendation of a friend, I picked up a digital copy of The Idea-Driven Organization by Alan G. To preface the discussion, we watched Steven Johnson's TED Talk “ Where good ideas come from.” In it, Johnson talks about a network of ideas that connect to one another and develop/strengthen as the network grows. Ideas work better when they connect to other ideas, ultimately leading to better outcomes. Innovation Program Culture

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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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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. What is an Innovation Process?

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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.

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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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Innovation Balancing Act

Robert Brands

” Wallenda’s response: “To inspire people around the world to follow their dreams and never give up” There are many possible roads to innovation. Successful innovation means defining your own road. Much like Nik Wallenda’s walk across Niagra Falls, some of the best innovations come from stepping outside your own comfort zone and balancing the many different facets of innovation. The Innovation Balancing Act. Risk/Innovation.

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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.

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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.

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How Do Your Employees Feel about Your Innovation Strategies?

IdeaScale

Innovation is at its best when everyone in your organization is involved in the process. Are your employees engaged with your company’s innovation strategy? Where do your employees fall on the innovation spectrum? How to Measure Innovation Sentiment. Encourage Innovation.

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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.

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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.

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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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