analysis Archives - InnovationManagement

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.

Ideascale2021-12-14T07:42:59-08:00March 23rd, 2017|Categories: Collaborative Innovation, Innovation Psychology, Organization & Culture, Strategies|Tags: analysis, analytics, case study, cognitive bias, Collaboration, Crowdsourcing, echo chamber, innovation, Innovation Culture, nonprofit, nonprofit innovation, target audience, third sector|

How Business Intelligence Software can Help you Increase Operational Efficiency

Business Intelligence software is an essential tool for analyzing your company's strengths and weaknesses. From inventory management, to accounting, to customer intelligence and beyond, there are many ways you can use BI software to inform your decision-making, increase operational efficiency, and gain a competitive edge.

Ideascale2021-12-14T06:34:36-08:00February 9th, 2017|Categories: Life Cycle Processes, Strategies|Tags: accounting, analysis, analytics, bi software, big data, business development, business intelligence, business intelligence software, business model database, business process, competitive edge, customer engagement, customer experience management, data, data analysis, data management, efficiency, idea management software, infographic, inventory, marketing, metrics, OLAP, reporting, risk management, software, startup, strategic thinking, strengths and weaknesses, trend|

Elements of a Successful Innovation Roadmap

Countless articles argue: To remain competitive, companies need to consistently build their innovation portfolio. Value-oriented improvement and new developments must permeate the business. This article discusses a structured approach, known as a Rapid Innovation Cycle, which brings a repeatable process to innovation, empowering individuals to contribute more and organizations to look beyond themselves—all leading to a higher success rate.

Ideascale2019-11-28T09:23:54-08:00November 10th, 2014|Categories: Life Cycle Processes, Strategies|Tags: analysis, competitive advantage, ethnography, Ideation, in-depth article, innovation, innovation life cycle processes, innovation lifecycle, innovation portfolio, innovation process, innovation roadmap, pivot, portfolio management, product line roadmapping, rapid innovation, rapid innovation cycle, strategy, workshop|

Part 2: The Market for Mass Customization Today

As NetNatives become consumers and buyers are "trained" by personalized offerings, the market is finally ripe for mass customization. In part two of this special series focusing on mass customization, Professors Frank Piller and Dominik Walcher take a closer look at what the current market has to offer and provide their conclusions after observing 500 leaders in the field from a customer perspective.

Ideascale2019-10-15T15:10:20-07:00April 16th, 2012|Categories: Enabling Factors, Open Innovation|Tags: analysis, benchmark study, co-creation, co-design, consumer insights, e-commerce, mass customization, net-natives|

Big Data: Big Hype or Big Value?

The amount of data organizations are expected to manage for planning, transparency, compliance, etc. is expanding, but the amount of data which could benefit these organizations if analysed effectively is growing exponentially with the aid of social media, RFIDs, machine translators, and other tools. The total amount of digital data is growing exponentially leading to the coining of the term big data which has become a major buzzword in the enterprise and even in the general press, but what is the real value behind the hype?

Ideascale2021-12-03T07:01:11-08:00April 4th, 2012|Categories: Trend Alert|Tags: analysis, big data, data, data analytics, trend|

Open Innovation and Public Policy in Europe

Industrial innovation processes are becoming more open. The large, vertically integrated R&D laboratory systems of the 20th century are giving way to more vertically disintegrated networks of innovation that connect numerous companies into ecosystems. Since innovation policy ultimately rests on the activities and initiatives of the private sector, it is vital that policy follows this evolution. Read more in the report from ESADE Business School in Barcelona and the Science|Business Innovation Board AISBL.

Ideascale2019-10-15T15:10:31-07:00February 17th, 2012|Categories: Open Innovation, Report|Tags: analysis, case study, ecosystem, europe, in-depth article, IP & patent, Open Innovation, public policy, R&D, report|

Why do Most Products Fail? 3 Techniques to Leverage Hidden Needs

Many managers want their organizations to develop breakthrough products and ask their R&D departments to come up with the equivalent of the iPod or iPhone. Unfortunately, the reality is that product failure is more common than success. So what are the reasons for product failure and what steps can companies take to avoid it?

Ideascale2021-12-02T17:56:16-08:00December 13th, 2011|Categories: Strategies|Tags: analysis, analytics, case study, data analysis, demographics, Failure, framework, hidden needs, market research, Product Development, R&D|

Understanding the value of a strategic innovation approach

For companies desiring organic growth and whose innovation efforts are not yielding the results demanded, using a Strategic Innovation approach using structured tools and methods will produce higher value products, services, systems, and environments that will resonate deeper with people to encourage them to become loyal customers. This approach delivers better solutions that are feasible to build, viable for profit, and desirable to the user.

Sarah Vandenberg2020-08-05T16:43:06-07:00October 29th, 2009|Categories: Support for SMEs|Tags: analysis, Best Practices, business development, competitive advantage, education programs, innovation tools, long-term growth, opportunity, organic growth, Problem Solving, research, strategic innovation, sustainability|

How to Evaluate Ideas

Many organizations make mistakes in their idea review processes that result in rejecting the most potentially innovative ideas in favor of less innovative ones, warns Jeffrey Baumgartner. Here are some ways to avoid this unfortunate fate.

Sarah Vandenberg2021-11-16T13:47:21-08:00May 18th, 2008|Categories: Idea Management|Tags: analysis, evaluation of ideas, Ideation|