{"id":13770,"date":"2014-07-29T00:00:00","date_gmt":"2014-07-29T00:00:00","guid":{"rendered":"https:\/\/blog.planview.com\/innovation-pipeline-evolution-of-the-corporate-suggestion-box\/"},"modified":"2014-07-29T00:00:00","modified_gmt":"2014-07-29T00:00:00","slug":"innovation-pipeline-evolution-of-the-corporate-suggestion-box","status":"publish","type":"post","link":"https:\/\/blog.planview.com\/innovation-pipeline-evolution-of-the-corporate-suggestion-box\/","title":{"rendered":"The Innovation Pipeline: The Ultimate Evolution of the Corporate Suggestion Box"},"content":{"rendered":"
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At the heart of any successful innovation process is the ability to capture and<\/i> execute great ideas. So many organizations believe that ‘innovation’ is an ambiguous, serendipitous thing that’s both unpredictable and unmanageable; coupled with the pressure to continuously destroy boundaries and have breakthroughs, this belief is intimidating and stifling. Fortunately, it’s also unfounded.<\/p>\n

AT&T’s Innovation Pipeline<\/span><\/p>\n

Take, for example, AT&T’s Innovation Pipeline<\/a>, or TIP. This online, crowdsourcing innovation tool enables employees to submit, discuss, and vote on various ideas across the entire company, regardless of hierarchy or position. Participants can use virtual currency to “invest” in the ideas they believe are viable — kind of like an ideation stock market. Top-ranked ideas make their way to senior leaders; once an idea is approved, it graduates to project status and goes through a handful of incubatory phases, including Prototyping, Production, and Commercialization. Forbes reports<\/a> the following results of the TIP program:<\/p>\n