article thumbnail

How Can You Run An Idea Creation Competition?

IdeaScale

One way to inspire the innovation process is to hold an idea generation competition. The post How Can You Run An Idea Creation Competition? Research shows 77% of consumers have been loyal to certain brands for more than a decade. Here’s how. Create … Continued. appeared first on IdeaScale.

article thumbnail

Pace of Innovation – The Ultimate Competitive Advantage

Idea to Value

When we think of a business having a competitive advantage, we still tend to think of traditional economic moats such as a low-cost structure, economies of scale, or perhaps a more intangible moat like a strong brand. You need the ability to adapt to change, and innovate, faster. Why does pace of innovation matter?

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Adopting a Rapid Digital Innovation Process

Paul Hobcraft

The belief that lean management principles will get the innovation out of the door quicker, has been one of those management adoptions that often trick us into believing we are achieving more than we actually are. Designing the complete rapid innovation application process. Yet digital threatens this entire incremental pathway.

article thumbnail

What Role Does Competition Play in Innovation?

IdeaScale

Competition is innate in what humans do. However, left unchecked, competition can become a toxic fight to win, rather than succeed. That begs the question, exactly what role does competition have in innovation? That begs the question, exactly what role does competition have in innovation? Balance is needed.

article thumbnail

Measuring Innovation Performance

Why do only a third of the organizations worldwide have formal innovation metrics in place despite accepting that innovation is critical to survival? Download this eBook to learn about the 5 basic principles that guide every successful innovation process.

article thumbnail

The Energy Transition Needs A Structured Innovation Process

Paul Hobcraft

When do we ramp up and scale in a competitive marketplace. Regretfully we are still in the chase for “individual defining technologies” that give a competitive advantage. In any innovation process, these “proof points” become “go / no go” decisions.

article thumbnail

Add Rocket Fuel to Your Innovation Process with Gamification

IdeaScale

Improve your innovation process with gamification. The ideal moment in any innovation process is when innovating becomes fun. That’s where gamification comes in, and it can blast your innovation onto a whole new plane. Gamification is the addition of game-like ideas and rewards to a work process.