Articles2020-03-20T15:51:11-07:00
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Recession, Innovation and Survival – A Lesson from Kellogg’s

March 31st, 2020|

In times of severe recession should you cut costs and focus on survival or take the opportunity to invest in innovation so that you can benefit from the eventual recovery? Let's have a look at a case study of Kellogg's, which took a leap to invest in a new type of cereal - and that paid off even in the face of extreme adversity.

Coronavirus Crisis Only Heightens the Need for Innovation and Co-Creation

March 24th, 2020|

Those of us that work in the innovation management sector need no convincing of the benefits that it can bring to businesses and government departments all over the world. Adopting an innovative culture and approach allows an organisation to survive and thrive in the highly competitive modern business world and helps prevent them from becoming irrelevant or even obsolete.

8 Tips for Startup Entrepreneurs During COVID-19 Crisis

March 19th, 2020|

The coronavirus pandemic is turning out to be an international economic crisis, with ramifications for all industries and markets, similar to the crisis of 2008. A cross-border economic crisis affects companies large and small, challenging an organization's management and its employees.

How Automation is Innovating Recruitment

March 17th, 2020|

Technology has changed the world so much over the last few decades and there are no signs of it slowing down any time soon. With advances coming in too quickly for most of us to process, it may feel like keeping things old fashioned is for the best. However, automation in the recruitment process may be the revolution that your company needs.

The Opportunity has Never Been This Big for Reinsurers to Invest in Innovation and Startups

March 16th, 2020|

In recent years, reinsurance companies have been closely working with startups. Among such joint endeavours, one can count the scouting for new technologies in order to integrate them with clients (insurance companies) and commercial business relationships with startups to which they have provided reinsurance in cases of events related to the policy coverage.

Digital Transformation and Its Impact on New-Product Management for Manufacturers

March 11th, 2020|

For the manufacturer undertaking new-product development, Digital Transformation means smart new products with embedded software. Digital products in turn require software and hardware development teams to work together – a hybrid project – which ultimately leads to combining software development methods with the more traditional gating process that manufacturers use.

How to Find the Idea at the Right Time

March 9th, 2020|

One of the things that was surprising to us at IdeaScale was that many of our customers came to us looking for idea management software not because they didn’t have enough good ideas, but because they simply needed a place for those ideas to live. How could that be the main reason?

How NASA Leads Intrapreneurial Innovation

February 19th, 2020|

Not everyone knows that NASA has embedded crowdsourcing into their strategy and capabilities. But in fact, back in 2011 (after they ran a highly successful crowdsourcing pilot) NASA established the Center of Excellence for Collaborative Innovation (CoECI).

Landscape Monitor for Startups

February 10th, 2020|

Entrepreneurs deal with high levels of uncertainty; probably more than any other business. The more disruptive the startup, the higher the level of uncertainty. Will the customers buy? How do we reach them? Will we be able to sell at a profit? Will our partners do their part? Who is out there that we can learn from? Are there threats that we are unaware of?

What Innovation Funnel Should I Use?

February 3rd, 2020|

After a decade working in innovation, I think many of us are sick and tired of seeing a funnel on another slide at an innovation conference. Lots of ideas at the top, just a few implemented ideas at the bottom… we get the idea.

3 Ways to Reduce Costs While Maintaining Business Integrity

January 31st, 2020|

Integrity is regularly considered one of the top characteristics that a business leader can have — whether you're asking employees or CFOs. Sometimes, however, business integrity is considered a cost or burden — a commitment that is almost guaranteed to make a business harder to run over time.

How to Make More Money in 2020

January 29th, 2020|

With the cost of living surging and wages staying flat, it can be tough to save up enough cash for all your needs and wants. But you don’t have to spend 2020 worrying about your bank account, you just need to get a little bit creative and to figure out how to put more money in your pocket.

5 Tips to Create a Strong Product Vision

January 28th, 2020|

Every startup and growth-oriented business needs to focus on innovation in order to come up with compelling brand stories and messages, engaging products and services, and amazing marketing tactics that will put the company on the map and allow it to become an authority in its niche.

Positive Ways to Handle Employee Resignations

January 27th, 2020|

All good things come to an end. As an employer, this can ring true when your favorite employee springs up without warning, and tables a resignation letter. No matter the work environment you provide, there are things beyond your control that can see your employee of the year want to leave.