Let Customers Help You Innovate During COVID
In this article, we'll look at three ways to engage customers and create products they want to buy right now.
7 Incentives to Increase Participation in a Crowdsourced Innovation Program
Every year, one question tops all the others that our customers might bring to us: how do I increase engagement in my innovation community? We see this question even in the most robust and activated innovation programs.
The World has Changed: Is Your Organization Ready?
The COVID-19 epidemic has had a tremendous effect on many aspects of our lives and resulted in a significant change in the workforce, and on the very way that individuals and organizations work. Suddenly, without warning, it seems that the entire business world shifted to Zoom and its competitors in a day, since it offered a concrete solution to the challenges raised by the current crisis.
Do You Know Your Company’s Implementation Rate?
With the rise of the innovation department, numerous organizations are focusing their attention on their company’s ideation rate. A good ideation rate generally predicts other positive company health indicators: profitability, higher employee retention rates, reported customer success, but there’s another innovation health indicator that we think organizations should pay attention to: their implementation rate.
Drive Innovation by Disrupting the Existing Management Norms
Before being acquired by Facebook for US$1 billion, Instagram was just another photo-sharing app operating with insignificant infrastructure and a dozen employees. With the ever-increasing potential of modern technology, the next billion-dollar business could start from the comfort of someone’s home. To stay on top, established organisations need to stimulate innovation... and that’s our topic today.
Start Here for Creative Leadership
How can leaders fight apathy or indifference in the workplace and create an environment where creativity and innovation can naturally flourish?
The Regulator Requires a Director of Innovation
Regulation has a critical role to play to protect customers and businesses operating in industries that are sensitive to various threats. In complex industries such as the financial industry, regulation is often perceived as a barrier and a burden.
How to Build YOUR Best Innovation Process
How might we build a more efficient or effective innovation process?
The Four Essentials For Engaging the Crowd With Your Innovation Program
Each strategic consultation with an IdeaScale Innovation Strategist starts with you. What outcomes would you like to see in 6 months time?...in 1 year?
Innovating in a Hierarchical Environment
Announcing the IdeaScale Nation podcast, where you'll be able to hear stories from innovators in government, the enterprise and beyond.
About Digital and Innovation – and What’s in Between
Digital and innovation - two big words that one defines, but are not always clear and precise. Many organizations of different sizes understand today that it is necessary to play in the Digital and Innovation fields in order to remain relevant, but it is not always clear how and how much.
The Ultimate Corporate Innovation Playbook
Now, more than ever, the corporate innovation industry grows as quickly as the technology that drives it. Thus, corporate innovators must set up the right foundational framework to kickstart their efforts. This Ultimate Corporate Innovation Playbook provides that framework by examining:
A New Value of Business Relationships
Small companies developing new technologies strive to survive the process of technology development: they have scarce resources to engage in business relationships. Is there any value on which they are missing out?
How Technology Can Augment Human Collaboration
Innovation requires collaboration, but collaboration is stuck in a rut. Data science can help us climb out. It can increase the scale, the intentionality, and the nuance of how we collaborate. With the right data and algorithms, we can set our teams up to do something innovative.
Urban innovation labs, hubs, coworking spaces… Which one to choose to boost your innovation?
Innovation is the Holy Grail of business success that can supercharge any kind of organisations from corporates to start-ups and shift them towards growth. Nevertheless, many organisations on the creative edge are struggling how to make innovation happen due to the rise of new work processes, changing demographics and new technologies.
Don’t “Fiddle” with the Crowd – Ask it Better Questions Instead
As the examples of successful use of crowdsourcing to address complex technical, business and social issues grow in numbers, so do the instances of failed crowdsourcing campaigns. To make crowdsourcing a widely recognized idea-generating and problem-solving tool, it’s imperative to understand the reasons of why this tool can fail or underperform.
Sink or Swim: Nouveau Economical Survival Strategies
Special understanding is critically needed on how new cyclones of artificial intelligence-laced, blockchain technology-driven digital platforms with capabilities like LinkedIn and baby-Alibaba type models will dance on global trade. Alibaba just broke some records: USD 1 billion sales in 3 minutes, and the other day some 24 billion dollars in 24 hours. This is dancing with global trades and prosperity on world stage. What are these deployment programs and who is stopping such mobilization in other nations?
How Open Innovation Can Be Used in the Financial Sector
In a recent article, The Financial Brand discussed the biggest threats to the financial and banking industry. They included a long list of everything from profitability to making good hiring decisions. However, we thought that there were a few problems that could be particularly fruitful when applied to open innovation systems.
Implementation is Your New Competitive Advantage
When it comes to implementation there are three things that companies ought to be thinking about in order to maintain a competitive advantage: process, feedback, and the importance of having multiple stakeholders from the beginning. Learn more in this Open Innovation Guide from IdeaScale.
Organizational Revolutions through Idea Hacking
Businesses face the dilemma dividing resources between protecting the current value chain and developing new value propositions that in time replace the old ones. Not every organization has the luxury to have its own dedicated innovation unit and still then the ideas might not always be too innovative. Hackathons are an affordable and energizing way to generate innovative ideas that can revolutionize your organization.
Managing Fundraising Innovation: the Dangers of the ‘Echo-Chamber’
This case study explores the results of an innovation research process undertaken by Oxfam, which compared internal feedback vs. general public feedback to identical sets of ideas. In comparing responses between these two audiences, Oxfam discovered an immediate and obvious divide between their staff’s opinions about which fundraising ideas would perform the best, versus what the general public preferred - an important lesson about avoiding the bubble of the echo chamber.
Trends in Innovation Leaders: Greater Risk and Big Bets
The latest Innovation Leaders research shows that there is an increasing number of high-growth companies that are prepared to take greater risk and make big bets. Rather than focus just on incremental growth, they are being bolder and are seeking to develop more radical innovation opportunities. Despite requiring significant investment and offering no guarantee of success this approach has been transformational for some. Where and why is this happening and what has changed that has made this approach more common?
The Engineering Behind Modern Superstructures
Human talent, drive and innovation can achieve incredible feats - and what more tangible example than modern superstructures? Let’s take a look at some of the drivers behind building bigger and better buildings worldwide, from improved materials, to cross-sector collaboration and beyond.
A Profile of Open Innovation Managers in Multinational Companies
Open innovation is widely used in large companies and we know increasingly more about how to manage this process. In contrast, we know virtually nothing about the managers and practitioners who are driving open innovation in large companies. Who are the managers operating in open innovation teams or units? What is their profile? How long do they stay in an open innovation job, and what is their tenure in the company? This report tries to answer these questions based on an investigation of open innovation managers on LinkedIn.
6 Pitfalls to Avoid in Innovation Development
Before investing in your company’s innovation development, it’s important to develop a strategy for collecting and evaluating ideas. Having guidelines in place to thoroughly vet ideas, value diverse opinions, prioritize scalable and sustainable results, and other areas of innovation management can set you up for success over the long term.
10 Skills You Need to Nurture in Your Innovation Group
Organizational innovation requires discipline. And like any other discipline, it requires monitoring and training to make sure that you’re on the cutting edge of your capabilities. But what skills should you focus on building and how can you track your progress?
Collaborative Innovation – Hamburger Style
Often I read articles or books about top-down vs. bottom-up innovation and why one approach would be better than the other. After spending more than five years in the collaborative innovation space, I would advise going hamburger style!
Organizing within Networks of Collaborators
Our existing organization needs to envisage a changing world full of disruption that calls for radical change. To meet different challenges, to be highly adaptive it needs to begin to organize around ecosystems to deliver on a vision that recognizes it has to be part of a greater collaborating network to thrive in this highly connected world.