Five Innovation Workshop Questions

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.

Do You Know Your Company’s Implementation Rate?

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.

Which Fintech Businesses Will Prevail in the Digital Future

One of the most popular resources that IdeaScale has ever created was our white paper about how crowdsourcing was going to impact the financial sector. I think the reason why that white paper was so popular was because crowdsourcing was just one of many emerging trends that were beginning to shake up the financial sector. Other financial trends included the emergence of blockchain, sophisticated hacker schemes, and much (MUCH) more.

Do Educational Institutions Need a Chief Innovation Officer?

IdeaScale’s second largest customer segment is in the field of education (our largest segment is our work in government innovation) and it’s been growing steadily over the past four years. One of the reasons that we think there’s a renewed focus on innovation in education, is because numerous emerging trends impact education at every level: from remote learning to the maker movement and the gig economy.

How Innovation Fuels a Sense of Purpose in the Workplace

Drawing a connection between innovation and workplace purpose often eludes companies looking to hire the best people for their teams. Let’s take a look at what needs to happen to make this possible.

What Skills Are Rated Most Difficult When it Comes to Innovation? (The Answer Might Surprise You)

A common misconception is that innovation can’t be taught. Similar to how some people believe that artists are born, not made – innovation has often seemed to be the purview of the great thinkers, the elite, people whose creativity is given, not a matter of practice…

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.

What are the Key Innovation Challenges?

Innovation has become a business mantra and a word that threatens to lose all meaning every time it’s uttered at another conference or thrown into another book title. But in spite of its omnipresence it continues to be essential – a growing field – and one of the only practices that might save businesses from extinction.

Who Are the Great Innovators Among Us?

Humans are innately concerned with what makes up the creative inventors among us. We want to know how to cultivate our inner innovator and nurture those qualities that will serve us both as individuals and as employees.