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Innovation Program Recipe for Success: The Three Essential Ingredients

Qmarkets

Along the way we have seen a wide variety of approaches and formats, from small-scale hackathons with a few hundred participants, to long term innovation programs involving tens of thousands of users. 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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Key for Innovation Implementation and Business Success is Communication

Idea to Value

For example, consider using channels including but not limited to: newsletter (digital and/or paper copy), corporate magazine, email campaigns, CEO webcasts or podcasts, and visual signs such as a notice board posted in the office’s high traffic and common space areas.