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Even the most fledgling innovation program have a research component. Innovation research guides decision making, problem statements, idea generation, solution sourcing, and several other points in the innovation lifecycle. And when it comes to research there are lots of ways to get the data that you need - but two common ways are surveys and crowdsourcing.
Every new year I create a series of personal and professional resolutions. Sure, many fade into (foggy) memory, but this year I was determined to once again focus on building out my professional network. So I’ve been getting out there and having some great conversations with smart leaders, who are connected to innovation development from different career levels, competencies, geographies and industry sectors.
The pandemic has given us all an opportunity to build a new business future. Market disruption equals opportunity for those willing to look and work for it. This is the time to adjust and innovate your business model to market conditions.
At IdeaScale, we’ve learned that diversity combined with equity and inclusion leads to more innovative thinking: businesses that are run by culturally diverse teams are more likely to develop new products, 45% more likely to grow market share, and more likely to have a 2X innovation revenue.
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).
McKinsey's Organizational Health Index (OHI) is an exhaustive assessment of an organization’s effectiveness and its management’s performance based on an organization-wide survey. It’s a tool that numerous public and private sector organizations have leveraged in order to benchmark their company’s health, align around core areas of improvement, and improve overall organizational performance.
I hadn’t thought much about health pathology innovation until we started to work with a statewide health pathology service in Australia. They provide pathology, forensic, and analytical services for hospitals and justice systems throughout their state.
The pandemic and economic depression the world faces is a dark period for all businesses, but there are also opportunities. The companies that see the opportunities, and pivot to exploit them, will succeed, while those that fail to innovate will fade away.
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.
Despite its popularity as a way to promote innovations, organizations face challenges in their open innovation (OI) initiatives. As knowledge flows are vital for the success of OI initiatives, organizations should identify right partners in their open innovation implementations. This article suggests TASC as a tool that can be used by practitioners for better results.
