Too often, leaders label projects as successes or failures based on budget and schedule expectations. Although time and cost are critical factors, they ignore whether the project delivered the expected benefits.
As two intermediaries from Hamburg that foster open and cross innovation processes, Science Scout (an initiative of Hamburg Innovation) and Cross Innovation Hub (Hamburg Kreativ Gesellschaft) joined forces to start a discussion around the stimulation and measurement of open and cross innovation processes.
Every year, IdeaScale analyzes our system and customer data and releases a report on crowdsourced innovation trends and benchmarks. You can find this year’s report here, but one of the questions that we pay a lot of attention to is why people are looking to purchase an innovation management platform in the first place.
In this article by Jeff DeGraff, he presents the four types of innovative cultures and four best practices for building a culture of innovation.
At JR Simplot, a new cross-functional innovation initiative recently formed looking for ideas that would help optimize company efficiency, improve training programs, and more. And when they built this team, they realized that a big part of launching an innovation initiative was education. Learn more in this podcast.
We are in the midst of a fascinating period. The most interesting thing is what will be in the day after. It’s going to be a process. There isn’t going to be a point in which we know that we are “after.” The process looks different in every country and the duration of the process will also be different.
Technology has been transforming the workplace for some time now. The traditional education system was formed in the heat of the industrial revolution and many would say is obsolete nowadays. It was primarily meant to create a workforce that was only fit to perform one task for the rest of their working lives. Motivation has obviously shifted from those times towards more engaging, complex, and fulfilling work.
Our customers are launching new campaigns every day. They’re solving problems related to process inefficiency, performance, sustainability, workplace environments, and beyond.
In spite of the new explosive capacity for growth in both the energy and manufacturing sectors, “And only 24% of energy professionals consider their company to be ahead of the competition.” This disparity exists for a number of reasons, but often because a company’s innovation capabilities are not aligned with a repeatable innovation process. So what are the key inflection points for manufacturing and energy innovation?
Starting up a small business can be rough. Even if you possess near-infinite entrepreneurial spirit, chances are that you’ll run into some roadblocks along the way. Whether these obstacles are based in logistics of strategy and implementation of your business model, or even issues with the very products and services you offer, most of these problems can be solved with financial influx.
There is no arguing that in today’s marketplace companies must innovate to survive. There is more pressure now than at any other time in history for innovation, especially if companies want to be industry leaders. This is because rapidly changing technology is continually driving changes in markets and shifting trends in customer behavior and expectations.
In the world of small businesses, there are only three golden rules you need to keep in mind:
Data analytics is a powerful tool, one that has the capacity to benefit small businesses just as easily as larger and more well-established organizations. While many new startups lack the in-house resources and expertise needed to generate, collate and analyze large volumes of data in order to produce useful insight, there are a variety of services and resources that can provide an ideal solution. The information gleaned through data analytics can be of immense benefit to business owners. Finding the big data solutions that are best suited to their needs and budget is no longer a concern that business owners can afford to take lightly.
Making your company operate more efficiently can improve your bottom line, while also making it easier to run and to manage. Fortunately, there are a lot of simple things you can do to boost efficiency. It's a good idea to frequently take a critical look at your processes to analyze how they can be made more efficient. Then, you can take advantage of new techniques and technologies that will easily and conveniently boost your efficiency.
In a world constantly changed by the digital transformation, one industry consistently lags behind all the rest: healthcare. For those within the field, it is open knowledge that while other industries are quick to adopt and implement novel technologies, in healthcare the change comes slowly.
