The up-and-coming field of quantum computing, currently in a prototype phase, will probably be an innovation with exponential and wide-ranging impacts in the power and speed of information technology. There are some interesting parallels between the behavior of quantum computing particles, or qubits, and basic principles of Zen Buddhist philosophy. Like modern physics, this article employs a “space-time” concept of innovation, with implications for the process and intensity of new idea development within organizations.
The success of innovation management is never an accident; it’s a holistic management process with an iterative thought-out planning and execution continuum.
Bridie Scott is an Innovation Manager at Spotless and she’s taken the business on a journey from a large-scale company with big goals to a company that is listening to and empowering all of their frontline employees in the innovation process.
A serious game based on innovation methodologies can be an extremely useful tool at different phrases of implementing innovation in a company. Let's take a look at how to implement gamification into your innovation strategy.
IdeaScale hosts a monthly podcast with innovation leaders, intrapreneurs, and other game changers out there. This past month our interviewee was Dr. Navin Kunde who currently leads the Open Innovation group at The Clorox Company, a US-based consumer goods company in the Fortune 500.
There are a lot of best practices that we recommend to our customers: start with the end in mind, adopt criteria to drive ideation, use at least seven channels to communicate with your end user, respond to ideas with positive feedback and questions. But there’s another piece of simple advice that we give to all of our customers when they’re preparing an innovation challenge: seed your community with a few ideas before you launch.
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.
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.
The Food and Drug Administration in the US has a lot of responsibility to protect and advocate for consumers. And one department in the FDA, the Center for Drug Evaluation and Research (CDER), regulates over-the-counter and prescription drugs, including biological therapeutics and generic drugs.
One of the reasons why so many crowdsourced innovation programs struggle is because it is difficult for innovators to gather, process, select and implement ideas on a continuous basis.
Based on research in the market and in many countries, I tried to figure out the exact mechanism by which startup ideas are created. Aim is to facilitate and expedite this process for would-be entrepreneurs. Is it mainly a matter of brainstorming effort or are external factors at play?
As someone that has worked in innovation for much of their career, witnessing over the past few years how innovation and idea management has moved more centre-stage in the business world has been really gratifying.
Global innovation projects demand particular leadership competencies in a multicultural and networked environment. Leaders need substantial cultural and market intelligence, facilitation, and orchestration skills in order to accelerate innovation and performance around the world. Yet current leadership models are not designed for this highly challenging environment where performance is critical to international market success.
The non-duality principle of Zen philosophy suggests a more intensive approach to the dimensions of innovation “space-time.” Business teams should stop following a simple sequential procedure in which new ideas are accepted or rejected almost as soon as they arise. Instead, they should take extra time and create a “learning space” or study environment for all of the new ideas in place of the typical reactive, judgmental, for-or-against decision-making process. Connections between these ideas may lead to further innovation opportunities.
IdeaScale has honored innovation leaders in their annual Innovation Management Awards for six years now. Award recipients have come from almost every industry with a variety of goals (from eradicating cancer to identifying new university technology best practices), but this year’s winners share a few key characteristics that all innovation leaders need to embody.