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Innovation Management

Disruption is all around but today's innovative organizations leverage the power of the crowd to set themselves apart. The innovation management blog dives into topics like employee engagement, crowdsourcing, and how to get those concepts from idea to the market. Get insights related to concept development, creating winning challenges, and best practices for engaging your audience to enable your organization to crowdsource breakthrough ideas from the employees, partners, and customers that know their business best. Discover how to prioritize and track all ideas in your pipeline, from original conception to delivery -- in new products and services, improved processes, and enhanced customer experience. You will also find real-world stories, industry research, and more.

Innovation Management

Innovation Management at Work: Real-World Use Cases

Global companies waste at least $100 billion dollars per year on innovation, according to an article in MIT Sloan Management Review. Somewhere between idea and implementation exist numerous points of failure. One of these is on the front end: Failure to engage employees, partners, and customers in your innovation management process. These are the people...

Innovation Management, Vision and Trends

Digital Transformation and the Changing World of Work – A Blueprint to Innovation [Video]

Digital transformation and reinvention are lofty goals for any organization in this constantly changing world of work and resources. Every organization that aspires to rewire and go after new market opportunities has to face the fact that innovation depends upon ideation from within. Transformation is far more than new projects and ideas. You have to...

Innovation Management

Innovation Management Software: Connect Creativity and Collaboration

Ideation + Delivery = Innovation. It’s a simple equation that is often a lot easier said than done. But why? We have heard it time and again…Somewhere between the birth of an idea and the delivery phase, innovation slows or becomes nonexistent. Which is why “Innovation is rewarded but execution is worshipped!” While most innovation...

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, Product Portfolio Management

Universal Market Disruptions Drive Innovation at Hyper-Speed

Recently, Apple announced it was ending its iconic iTunes app, President Trump surprised the market with new tariff threats against Mexico, and the U.S. government increased scrutiny over Google, Apple, and Facebook over possible antitrust violations. All of these market disruptions are poised to hurt some companies while presenting opportunities for others. What effect could...

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

Innovative Strategic Planning at Hyper-Speed

Do you know anyone, or any organization, that at the end of the year looked back at their annual plan and honestly said everything went according to plan? Did you ever have a year where nothing changed? No new competitors, no changes in market conditions, or budget cuts? Of course not. Plans that don’t anticipate...

Innovation Management

Siemens Case Study: Crowdsourcing Solutions to Turn Gridlock into Green Lights

As a worldwide leader in resource-saving technologies like offshore wind turbine construction and combined-cycle turbines for power generation, a major provider of power transmission solutions, and a pioneer in infrastructure solutions and automation, Siemens considers innovation “its lifeblood.” In fact, the 170-year-old company produces an average of 38 inventions per day, a number powered by...

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?...