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Innovation Management

Innovation Management: 3 Tips for Igniting Valuable Ideas

What does innovation management mean to you? Does it mean gathering ideas or does it mean building a culture of engagement? If you answered yes to both, you’re on the right track. You need ideas to be innovative, but you need an innovation culture to continually source the most valuable ideas. The concept of “building...

Innovation Management

Winning Ideas and Beyond: 4 Steps to Effective Product Concept Development Workshops

Are you utilizing concept development workshops as part of your ideation processes? Are you coming up with and executing on winning ideas? If not, you’ve come to the right place. This blog post will help you understand the value of concept development workshops and the steps you can take to find out if those winning...

Innovation Management

Using Crowdsourced Innovation in the Real World

Having a well-defined innovation strategy is more important than ever. To keep up with the modern professional landscape, companies must create an innovation culture that constantly looks for new ways to meet the needs of the customer. One way to do that is through crowdsourced innovation. There’s going to be a time when you don’t...

Innovation Management

How Ignite 2019 Can Help You Deliver Value Through Strategic Innovation

Innovation. It’s one of the most important elements pushing organizations forward. In today’s tech-driven society, innovation is more important than ever. Companies that experience long-term success are able to stay in touch with the needs of their customers, constantly innovating so their products and services address those needs. We all know what happens to companies...

Innovation Management

Why is Innovation Important

Over the years we have exhausted the term “innovation.” How many times have you heard “innovate or die” or read articles about how to create a culture of innovation? While the term might seem overused, it remains a critical way of thinking for any successful company. But the question still stands: why is innovation important?...

Innovation Management

Culture of Innovation: Premera Blue Cross Engages Employees to Drive Innovation

As organizations seek to add value to customers and develop new, differentiated products and services, innovation is at the heart of strategy. It starts with creating a culture of innovation from within by tapping into the wisdom of employees. Premera Blue Cross developed its culture of innovation that motivated 3,200 employees to produce more than...

Innovation Management

Assess Your Innovation Program

In today’s world of work, disruption—whether it’s from new technology, new business models, or customer experiences—is the new normal. Such disruption, impacting companies regardless of industry, is fueling the sense of urgency behind innovation. Either your organization is innovating or it’s getting swallowed up by the competition. That’s why having an effective innovation program is...

Innovation Management

Employee Engagement Propels Innovation

Most companies will agree that innovation is critical to sustaining growth and remaining competitive. Creating a culture of innovation is seen by most business leaders as the number one way to drive innovation for the business. However, for this culture to exist, employee engagement is imperative. Unfortunately, most aren’t. According to Gallup Inc.’s 2017 State...

Innovation Management

Crowdsourced Innovation: How Enterprises Generate Explosive Employee Engagement

According to Gallup’s 2017 State of the Global Workplace Report, a staggering 85% of employees are disengaged at work. In other words, the vast majority of the employees in Gallup’s research are not emotionally connected with their day-to-day work or company. The result? A whopping $7 trillion in lost productivity, turnover, poor customer experience, absenteeism,...

Innovation Management

Gray Space: How to Develop Valuable Ideas and Get Them Across the Finish Line

Ideating and selecting winning ideas – ideas deemed worthy of further development – is half the battle when it comes to crowdsourced innovation. The other half, which is arguably the most important part of the innovation process, is what you do after you’ve selected the top ideas from a crowdsourced innovation challenge. As you narrow...