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15 most important Innovation Theories your company should be using

Idea to Value

10 – Open Innovation, Crowdsourcing and Idea Management. What it is: Going by many names, this is the process by which a company can set a challenge that they want ideas for, and gather ideas from hundreds, thousands or hundreds of thousands of people, both within their organisation and externally.

Company 248
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Striking Gold: The $40m Idea Unearthed Through Crowdsourcing

Qmarkets

I am a Projects Analyst at Hochschild, but I trained as a mechanical engineer. It was particularly interesting to learn that a single idea for a process improvement is set to benefit the company by a staggering $40m. Another key takeaway for us was the evolution of the way in which Hochschild gathers ideas from its employees.

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Striking Gold: The $40m Idea Unearthed Through Crowdsourcing

Qmarkets

I am a Projects Analyst at Hochschild, but I trained as a mechanical engineer. It was particularly interesting to learn that a single idea for a process improvement is set to benefit the company by a staggering $40m. Another key takeaway for us was the evolution of the way in which Hochschild gathers ideas from its employees.