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15 most important Innovation Theories your company should be using

Idea to Value

However, recently there have been a number of startups providing a software solution to enable companies to set up innovation challenges, have thousands of people submit their ideas, and then evaluate and manage these ideas in a more structured way. An example of the dashboard of Idea Management Systems: Wazoku’s Idea Spotlight.

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11 female innovation leaders share their definition of innovation

Idea to Value

Then, have a process for aligning strategy (which pulls you forward) with budgeting (which anchors you backward) with project governance (which is usually a total mess) with people’s incentives. Once you have agreement, align all innovation initiatives, metrics, rewards, organizational structure and investments to that vision.