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Turn Ideas Into Outcomes: A Framework for Maturing Your Innovation Portfolio

Innov8rs

Ideation on its own isn’t enough to drive innovation outcomes—and could even be a waste of resources if not governed properly. Problem: Game-Changing Ideas Get Stuck at Square One Without a reliable system for testing early-stage ideas, orgs are leaving innovation ROI on the table. But what happens next?

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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. All of these need to be used at the right time, and in the right way, so that your innovation program delivers maximum value at minimum cost.

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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.

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10 Ways to Maximize Your Innovation Potential with ChatGPT

PlanBox Innovation

As an innovation manager, you’re tasked with the challenging responsibility of leading the development and implementation of new ideas, products, and initiatives that will drive growth and competitiveness for your company.

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Calculating the ROI of an Idea: Ideas That Saved Time

IdeaScale

Calculating the ROI can serve as a valuable exercise to understand whether one of your open innovation campaign’s ideas should be developed into a project and whether a project should be developed into a minimal viable product, service or a national program. . Introduction to ROI.

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The Day the Enterprise Stood Still

PlanBox Innovation

Indeed, in this age of relentless change, the last thing any enterprise wants is a free-falling portfolio of innovative projects. 52% of projects veer off course —either going over budget, missing deadlines, or not meeting the set expectations. And, 19% crash land —either abandoned halfway or completed but left unused.

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Why Your Innovation Funnel Needs an Overhaul: A Step-by-Step Guide

Qmarkets

Traditionally the Innovation funnel is a stage-gate process that organizations use to define their approach to ideation. However, here at Qmarkets we believe that this is only one part of a greater innovation funnel. Of course, we see this as only one part of the puzzle, but it is no less important.