5 Elements to Consider when Commercializing Your Ideas
In this article, we look at five tips to launch your next innovation, using a proven framework for successful launch and scale.
What Is Idea Management?
Traditional innovation can only take your business so far, and without an evolution of processes, you might find it harder than ever to move new ideas forward. Introducing structures and systems to formulate, organize, and act upon new ideas is one of the best ways to optimize internal innovation. This practice is better known as idea management, and in this article we will define and discuss idea management in full.
What is the Process for an Employee Innovation Challenge?
A growing trend over the past several years has been to host internal innovation challenges. Companies do this because they find it’s an excellent way to find solutions to long-standing problems, positively create culture (particularly in a remote workplace), and also to nurture the budding intrapreneurs who want to find career growth and new opportunities.
Calculating the ROI of an Idea: Ideas That Saved Time
Crowdsourcing and open innovation initiatives are vital by bringing vast stakeholders together to share ideas on complex problems and opportunities. Much of the focus is set on engaging the crowd yet deciding which ideas to take a risk on requires data on the likely impacts and costs.
How Do You Uncover Unseen Problems?
Anyone who works in the problem definition space knows the pitfalls of hidden issues. Solving a problem is sometimes dependent on who is articulating the problem, the lens with which they view the world, and the space that they have at the table...
Create a Team of Master Problem Solvers
Problem-solving is an essential skill as an innovator. If problems stump your employees, how can your organization ever innovate for customers? Luckily, problem-solving skills can be learned, and as a leader you can create a team of master problem solvers and innovators.
In Search of the Perfect Brainstorm: An Update of Collaborative Ideation
Imaginary scenario: you have been invited to a meeting to explore new approaches to a wicked problem. Loudmouth Number 1 describes his solution. Loudmouth Number 2 vehemently disagrees. A heated argument ensues. Some people take sides. Others remain silent. There are bruised egos. You are not the only one who feels frustrated. All that time just one single idea has been considered. Have you ever experienced such a meeting? Have you ever wondered why brainstorming came to be? Brainstorming Today: Why It Needs an Update These days the noun “brainstorming” and the verb “to brainstorm” are used (and misused) extensively and in many different ways. Our working definition in this article is that brainstorming is a “process to enable purposeful, [...]
Leveraging Alien Thinking: Exclusive Interview with Cyril Bouquet, Jean-Louis Barsoux, and Michael Wade
For the past decade, Cyril Bouquet, Jean-Louis Barsoux, and Michael Wade, professors of innovation and strategy at IMD Business School, have studied inventors, scientists, doctors, entrepreneurs, and artists. These people, or “aliens,” as the authors call them, are able to make leaps of creativity, and use five patterns of thinking that distinguish them from the rest of us.
What Can We Learn from the Innovation Averages in 2020?
Every year, IdeaScale conducts an in-depth study of their customer trends in order to write an annual report, provide benchmarks to our clients (and ourselves), and better understand the marketplace. This data gathering and analysis takes up the better part of our first quarter and our report is generally published in March, but 2020 is a unique year for the crowdsourced innovation community (and indeed for everyone in the world).
Why Your Employees Are the Key to Recovery
In this article, we will look at how to identify and understand employee contributions, and learn how to work with idea generators, evaluators, and activators.
Agile Development for Manufacturers: The Emergent Gating Model
Agile is employed within Stage-Gate for new-product development by manufacturers with positive performance results; but must be adjusted from the software version of Agile – the result: the emergent Agile-Stage-Gate hybrid model.
How to Digitally Spark Corporate Innovation
To maintain relevance in the global competitive market, many companies already focus on the development and implementation of innovations, even using digital tools. But, in times of crisis, this focus is most likely to be lost when most businesses concentrate on keeping the daily business running.
Human Creativity: The Critical Survival Skill of the 4th Industrial Revolution that Cannot be Automated
While 4th Industrial Revolution technologies are fast becoming the way to go in the world of the "new normal," they are driven by something far superior to robots: human creativity. Let's have a look at the importance of creativity in this article.
How Mind Mapping Boosts Your Creativity
Everyone has the power to be creative, but how can you bring your innovative thoughts to life? Discover how Mind Mapping can unlock your creative potential in this article.
Five Innovation Practices for Building & Managing an Innovation Program
There is no “one size fits all” formula for innovation management success. Demystifying innovation takes experiments and practices. In this article, we'll explore five tactics to use in order to develop and manage a successful innovation program.
Innovators, How Do You Find Your Next Problem to Solve?
If you’re working in innovation there’s nothing as rewarding as making the long journey from inspiration to implementation.
Four Innovation Themes from Open Nation 2019
Every year, IdeaScale hosts innovation leaders and creative thinkers from around the world in a global summit that shares innovation best practices. These leaders share success stories, failures, challenges, and solutions as they get to know each other so that they can call on one another throughout the year (long after the event is over).
What’s the Best Idea Criteria for Innovation Programs?
One of the most popular webinars that IdeaScale has ever hosted is our webinar on how to select the best ideas. We are constantly being asked by our customers and prospects, “how do I know a good idea when I see one?” Some people are looking for financial predictions, some people want to know how an idea measures up to their organizational objectives, but everyone is looking for the perfect set of criteria so that they can evaluate ideas at some point during the innovation process and validate them.
The 3 C’s: Complex Problem Solving, Creativity and Critical Thinking – Core Soft Skills Required in the Workplace of the 4th Industrial Revolution
The next in our series on the 4th Industrial Revolution, from the Business Optimization Training Institute (BOTI). Start with Part I here.
Innovation Via the Customer Journey
Innovation is usually spoken of in relation to products, research, and development. However, every aspect of your business can be innovated. In fact, one of the most important – and often overlooked – is customer service. Innovative customer service helps you build loyalty, encourages repeat business, and can also bring in new buyers as they observe how you care for your consumers.
Psychology Tips to Get Honest Feedback from Your Employees
Learn four essential tips that employers and HR departments should consider when trying to get honest input from their employees.
How Many Types of Innovation Are There?
Innovation thought leader Nick Skillicorn recently did a pretty good job summarizing all of the innovation theories. And we noticed that there are a few key similarities between most (or all) of these theories that we think are interesting! Download this infographic to learn more about the 15 Theories of Innovation.
Five Business Shifts That Will Put Learning at The Heart of The Agenda
In our recent book The Future Reinvented, we are argued that, in the face of seemingly unprecedented change across society, learning at every level is central to survival and growth.
Recent Innovations in Healthcare
From patient care technology and equipment to public health research and new alternative treatments for sufferers of chronic pain, the healthcare field has always relied on innovation.
Five Perspectives of Innovators
Innovators are among us and within us, spot them by how they think and do things differently.
How To Effectively Deal With Unhappy Clients
No matter what the nature of your business is, you will inevitably encounter unhappy clients. Whether this is because it’s the fault of the company or something that couldn’t have been prevented – your first priority needs to be solving the problem.
A More Innovative Europe? Think Different About Innovation!
In Brussels, the Research & Innovation Program Horizon Europe (FP9) is the talk of ‘EU town’. Horizon Europe is hoped to be the great leap forward of Europe to close the innovation gap to the US and stay ahead of the emerging innovation giant China in the coming years.
Why Aptitude Tests Are Important for Jobs in Innovation
Innovation is one of the main ways in which a business can differentiate itself from the competition. Innovation could take place by improving business processes or by entering new markets after upgrading current product and service offerings. To be innovative, companies need creative employees who have the ability to transform ideas into reality.