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Confused by crowdsourcing? You’re not alone — though it’s getting more popular by the day, this approach to innovation is still new to many business leaders. But with 30% of CEOs worried that they’re not risking enough for growth, and 69% fearful of competitors stealing their business, it’s time to learn the ropes. In a nutshell...
Crowdsourcing innovation is one of today’s most powerful tools for effecting real, lasting change. No matter the industry, it exposes business challenges and social issues to diverse perspectives like nothing else can, inviting ideas that might otherwise remain unheard. It was exactly this benefit that led the Poway Unified School District of California to develop...
It doesn’t matter how much you think you’ve prepared, how many run-throughs you’ve done, how many assurances you have from your project teams that all the data will be there, and be correct. Something will go wrong: a critical piece of data will be missing, the slides will be wrong, an unanswerable question will derail...
Social issues resulting from limited employment opportunities, high crime rates, and poverty affect us all. These circumstances are especially devastating to high-risk urban areas like the Frazier community in Dallas, Texas, where unemployment rates are tremendous, and a chance for economic recovery becomes less likely each day. In an effort to bring lasting solutions to...
It’s every portfolio manager’s nightmare. The annual portfolio review is about to kick off. Hundreds of hours of preparation have gone into the main presentation’s PowerPoint deck, and hundreds more into each of the backup decks, readied in case management asks about the details of any of the projects under discussion. Information encompassing over a...
Check lists and memory joggers can be helpful. Recently, I decided to fly as comfortably as possible on a long trip to San Francisco: jeans, sneakers, etc. I packed my “work” clothes in my bag. Upon landing, I realized—too late—that I had forgotten my dress shoes and belt. I now own a new pair of...
Recently, Planview IdeaPlace CTO James Gardner shared some of his expert tips on using crowdsourcing software to build your innovation pipeline. Here’s what we learned. 1. Quality Matters, But So Does Quantity For organizations that are already getting tons of ideas from the people in their extended networks, continuing to push for suggestions might start to...
Innovation has never been as misunderstood, challenging, expensive, or transformative as it is today. With $1.6 trillion spent globally on R&D in 2014 alone, it’s perhaps the most crucial initiative people can invest in. Many companies are turning to innovation centers — physical hubs where people can gather to design, build, and test products —...
This week, Corey Glickman, the Global Lead of Rapid Design & Visualization at Capgemini, joined the Spigit team to discuss how and why Capgemini is crowdsourcing innovation to power their $14B business. If you think that it’s challenging to create business impact from crowdsourcing, or are just too wary to give it a try, you’ll...
When it comes to gathering innovative ideas, one of the biggest mistakes companies make is to confuse strategic crowdsourcing with something like a virtual suggestion box. But without structure or process, game-changing ideas can go unheard — and you’re missing out on great opportunities to drive growth, profits, customer loyalty, brand awareness, new product development,...
