{"id":13879,"date":"2015-04-29T00:00:00","date_gmt":"2015-04-29T00:00:00","guid":{"rendered":"https:\/\/blog.planview.com\/spigit-ignite-innovation-summit-top-10-takeaways\/"},"modified":"2022-04-05T15:20:54","modified_gmt":"2022-04-05T20:20:54","slug":"spigit-ignite-innovation-summit-top-10-takeaways","status":"publish","type":"post","link":"https:\/\/blog.planview.com\/spigit-ignite-innovation-summit-top-10-takeaways\/","title":{"rendered":"Planview IdeaPlace Ignite Innovation Summit: Top 10 Takeaways"},"content":{"rendered":"
\"\"<\/div>\n

This year, Planview IdeaPlace\u00a0hosted our first ever Ignite Innovation Summit in Boston, Massachusetts. Packed with opportunities, success stories, and inspirational talks\u00a0from some of today\u2019s most noteworthy enterprise innovation leaders, the outcome was truly remarkable.<\/p>\n

Over 140\u00a0attendees from globally recognized companies like IBM, AT&T, MetLife, Cigna, PwC, Pfizer, Unitedhealth Group, Siemens, Estee Lauder and more came together to share knowledge gained from years of collective experience, thousands of ideas and challenges, a willingness to accept\u00a0risk, and a shared passion for positive change through innovation. Below are the top 10 takeaways from the Summit, gleaned from the many impressive presentations, interviews, and in-depth conversations that took place.<\/p>\n

#1. Engagement is the Top Priority<\/h3>\n

Throughout the day, the topic of engagement was touched on again, again, and again \u2014 specifically when it came to best practices for engaging employees and expanding innovation programs to external crowds. Planview IdeaPlace\u00a0CTO James Gardner introduced Crowdcast, a forthcoming feature of\u00a0the Planview IdeaPlace innovation management<\/a> software that will better enable crowdsourcing across large groups, making engagement easier to accomplish and leverage. In nearly every one-on-one interview we conducted, leaders expressed that this is a primary goal \u2014 if not the core focus \u2014 of their existing innovation programs, and one they hope to expand moving forward.<\/p>\n

#2. Impact is the Outcome to Strive For<\/h3>\n

As much as leaders are expected to drive\u00a0bottom line returns, it turns out that this really isn\u2019t the primary focus when implementing enterprise innovation programs. Instead, several of our expert innovators \u2014 including those from IBM, AT&T, Cigna, and Accenture \u2014 reported that impact is measured in improved customer experience and employee happiness through greater process efficiency, broader networks, and more robust programs and services. However, heightened ROI is often the resulting bonus of these other elements, even if it\u2019s not the end-goal.<\/p>\n

#3. Failing Doesn\u2019t Equal Failure<\/h3>\n

Another repeat piece of advice? Let ideas fail, and encourage people not to be disheartened by the occasional defeat. As long as you fail fast, learn from your mistakes, and don\u2019t repeat your blunders, failed ideas and approaches are often the gateway to new and better ways of thinking, collaborating, and executing.<\/p>\n

As MetLife\u2019s John Geyer put it:\u00a0\u201cYou\u2019ve got to have a relentless pursuit of a great idea.\u201d And that means refusing to give up, even if things don\u2019t work out as you anticipated.<\/p>\n

#4. Embracing\u00a0Counterintuitive Thinking is Necessary<\/h3>\n

It\u2019s easy enough to talk about innovation as a byproduct of out-of-the-box thinking, but putting that idea to practice is much more challenging \u2014 especially for larger companies with long histories and traditional business models. Thankfully, this doesn\u2019t always require a massive overhaul. Sometimes, a few tweaks here and there in how, why, or where a company finds direction is all it takes to go from stale to strong.<\/p>\n

In her talk, Wendy Meyer from Pfizer quoted journalist Robert Wieder: \u201cAnyone can look for fashion in a boutique or history in a museum. The creative explorer looks for history in a hardware store and fashion in an airport.\u201d<\/p>\n

#5. It Comes Down to People<\/h3>\n

A superior tool does not automatically lead to a\u00a0successful innovation program. Rather, a superior tool coupled with human passion, knowledge, experience, and creativity can be the ticket to boosted,\u00a0long-term, repeatable returns. People with great ideas and a desire to share them is the foundation of change. Innovation management software makes it possible to find them.<\/p>\n

\u201cThe technology is the technology. The people are the platform.\u201d \u2013 Norman Lewis, PwC<\/p>\n

#6. You Can\u2019t Fake Extraordinary<\/h3>\n

In a nutshell: mimicry is not innovative, and neither is following directly in the footsteps of a company or person that\u2019s successfully implemented a brand new idea. Cigna\u2019s Tim McKnight\u00a0summed it up nicely with a quote from Seth Godin:\u00a0\u201cYou can\u2019t be remarkable by following someone else who is remarkable.\u201d<\/p>\n

#7. Disruption is Critical, Culture is\u00a0Crucial<\/h3>\n

Shaking things up is par for the course when it comes to innovation, but the idea of disruption can be so daunting that leaders shut themselves off from giving it a go. But a company culture with a strong sense of acceptance for trial and error, collaboration, fearlessness, and empowerment is one that can stand united in the face of change \u2014 not to mention drive it on a global scale.<\/p>\n

Noted IBM\u2019s Chief Innovation Officer, Linda Bernardi, \u201cThe journey of disruption is exciting, messy, and difficult\u2026[it\u2019s] critical, and intimidation is rampant. Be mindful that [you] don\u2019t use fear.\u201d<\/p>\n

#8. Better Ideas, Not More Ideas<\/h3>\n

It\u2019s true that, when we talk about crowdsourcing, we talk a lot about larger networks as an avenue to more ideas. But that\u2019s only step one \u2014 step two is utilizing that increase in ideation to hunt down the best solutions to business problems; in addition to increased\u00a0possibilities, you\u2019re getting far more\u00a0input<\/em>on those ideas.<\/p>\n

In his talk, PwC\u2019s Norman Lewis made it clear: \u201cWe don\u2019t want 10,000 ideas. We want [people] to tell us what are good ideas and what aren\u2019t.\u201d<\/p>\n

#9. Broaden Diversity, Gain Perspective<\/h3>\n

Expanding the idea network is tough and daunting, even for companies that already have global reach. But that\u2019s what makes crowdsourcing through innovation management so incredibly powerful: extending challenges\u00a0to your entire employee and customer base provides access to far more ideas, cultures, and experiences, which will allow the best possible solutions and suggestions to be heard.<\/p>\n

\u201cThe best programs I\u2019ve been part of have had a broad panel of people participating, so you get diverse perspectives.\u201d \u2013 Tim McKnight, Cigna<\/p>\n

#10. To Ignite Innovation, Stop Trying So Hard<\/h3>\n

Much of the advice from speakers boiled down to letting go \u2014 of existing expectations, long-time approaches, outdated processes, and most importantly, an attempt to move the innovation needle faster without considering the foundation of your program.<\/p>\n

Said Cigna\u2019s Tim McKnight, \u201cAccording to a study by HBR, companies that pause have top line growth that is 40% greater than those with a go-go-go mindset.\u201d Finally, IBM\u2019s Linda Bernardi succinctly summed up the core truth of successful enterprise innovation:<\/p>\n

\u201cThe singular outcome of resistance is failure.\u201d<\/strong><\/p>\n

We\u2019d like to extend our sincere thanks to all of the\u00a0incredible speakers and attendees at this year\u2019s Summit! Stay tuned for more amazing findings and content from Ignite.<\/p>\n","protected":false},"excerpt":{"rendered":"

This year, Planview IdeaPlace\u00a0hosted our first ever Ignite Innovation Summit in Boston, Massachusetts. Packed with opportunities, success stories, and inspirational talks\u00a0from some of today\u2019s most noteworthy enterprise innovation leaders, the outcome was truly remarkable. Over 140\u00a0attendees from globally recognized companies like IBM, AT&T, MetLife, Cigna, PwC, Pfizer, Unitedhealth Group, Siemens, Estee Lauder and more came…<\/p>\n","protected":false},"author":103,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_editorskit_title_hidden":false,"_editorskit_reading_time":4,"_editorskit_is_block_options_detached":false,"_editorskit_block_options_position":"{}","footnotes":""},"categories":[1],"tags":[],"class_list":["post-13879","post","type-post","status-publish","format-standard","hentry","category-innovation-management"],"acf":[],"yoast_head":"\nSpigit Ignite Innovation Summit: Top 10 Takeaways - Spigit<\/title>\n<meta name=\"description\" content=\"Our top 10 takeaways from Spigit's 2015 Ignite Summit.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/blog.planview.com\/spigit-ignite-innovation-summit-top-10-takeaways\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Planview IdeaPlace Ignite Innovation Summit: Top 10 Takeaways\" \/>\n<meta property=\"og:description\" content=\"Our top 10 takeaways from Spigit's 2015 Ignite Summit.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/blog.planview.com\/spigit-ignite-innovation-summit-top-10-takeaways\/\" \/>\n<meta property=\"og:site_name\" content=\"Planview Blog\" \/>\n<meta property=\"article:publisher\" content=\"http:\/\/www.facebook.com\/pages\/Planview-Inc\/89422974772\" \/>\n<meta property=\"article:published_time\" content=\"2015-04-29T00:00:00+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-04-05T20:20:54+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/media.planview.com\/spigit-blog-media\/wp-content\/uploads\/2015\/04\/IGNITE-collage-header.jpg\" \/>\n<meta name=\"author\" content=\"Guest Blogger\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@Planview\" \/>\n<meta name=\"twitter:site\" content=\"@Planview\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Guest Blogger\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"5 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/blog.planview.com\/spigit-ignite-innovation-summit-top-10-takeaways\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/blog.planview.com\/spigit-ignite-innovation-summit-top-10-takeaways\/\"},\"author\":{\"name\":\"Guest Blogger\",\"@id\":\"https:\/\/blog.planview.com\/#\/schema\/person\/f7f863dba443d377f486441aeb7a0f62\"},\"headline\":\"Planview IdeaPlace Ignite Innovation Summit: Top 10 Takeaways\",\"datePublished\":\"2015-04-29T00:00:00+00:00\",\"dateModified\":\"2022-04-05T20:20:54+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/blog.planview.com\/spigit-ignite-innovation-summit-top-10-takeaways\/\"},\"wordCount\":1062,\"publisher\":{\"@id\":\"https:\/\/blog.planview.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/blog.planview.com\/spigit-ignite-innovation-summit-top-10-takeaways\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/media.planview.com\/spigit-blog-media\/wp-content\/uploads\/2015\/04\/IGNITE-collage-header.jpg\",\"articleSection\":[\"Innovation Management\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/blog.planview.com\/spigit-ignite-innovation-summit-top-10-takeaways\/\",\"url\":\"https:\/\/blog.planview.com\/spigit-ignite-innovation-summit-top-10-takeaways\/\",\"name\":\"Spigit Ignite Innovation Summit: Top 10 Takeaways - 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