resource allocation

The 7 Fundamentals for Succeeding in Innovation

It isn’t exactly easy to succeed in innovation. The vast majority of innovation attempts seem to fail and a mere 6% of executives are satisfied in their innovation performance, despite innovation generally being considered as very important for the future of their organization.

The Key Challenges of Government Innovation

Last month, leaders in public sector innovation gathered to discuss ways of crowdsourcing new solutions to longstanding problems at IdeaScale’s Open Nation DC. Speakers from a range of agencies as diverse as the FDA and the US Coast Guard presented best practices on creating actionable change in government.

7 Ways Startups can Foster Innovation through Sustainability

Here’s a spoiler: 90% of all startups fail. The 10% that make it have one thing in common - they all are bringing in innovation through sustainability. These startups are all about evolving by providing faster results with less wastage. It’s a never ending process of innovating for the present and future generations.

How Big Data is Optimizing City-Life Efficiency

A city without traffic jams seems like a far-fetched dream that most people would not even believe in. Many would say the same about air pollution as well since breathing in clean and fresh air in the cities is something that most have not really experienced. Well, you might be surprised, but big data could be the solution to all of these problems that modern cities face.

6 Potential Roadblocks to Innovation

Does it feel like your efforts in innovation lately have been…lackluster? Are you finding that your team just isn’t coming up with the great ideas you know they can produce? If your business is feeling stale and stagnant, you obviously want to know why, so you can make changes. Innovation efforts aren’t always simple and easy—and there are definitely some roadblocks that can come up along the way. Don’t get discouraged if you run into any of these common problems—you just have to be determined to prevent and work through them whenever possible!

3 Reasons Crowdsourcing is Good for Small Businesses

Running a small business is not easy, especially when the small business is just starting out. Any misstep, even well-intentioned, can cause a serious setback. But have no fear! There’s a whole untapped squad of people out there ready to work for you for free! Here are three ways crowdsourcing is good for small businesses.

7 Things to Do Before Starting Any Project

Everyone plans tasks in different ways, but the largest, most complicated projects have tried-and-tested methodologies that help break processes down and ensure that stakeholders and different departments are clear about which tasks need to be completed by whom and by what time. This article breaks project planning down into seven key tasks that have to be completed before work begins to give the project the best possible chance of coming in on time and on budget.

Overcommitting and Underutilizing Resources is Risky Business

Bringing innovative products, methods, and ideas to market requires companies to apply resources to their most promising concepts and that can be expensive, requiring lots of talent, if they want to be fast and first to market. The problem is that most companies overcommit their limited resources by approving more ideas than they execute. They do it because they lack a clear view into their resource capacity.

Clues to Innovation Risk Management

In today’s societies where science and technology are becoming more and more important, risk is seen as inevitable. At the same time risk has negative connotations and creates anxieties. It must be managed in order to achieve desired goals and for companies to survive. But how can you do that? Read more in this article that gives you some clues to innovation risk management to achieve sustainable innovation.