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What is Open Innovation? Benefits & Best Practices

Qmarkets

The closed innovation model can result in slower innovation cycles, higher costs, and increased risk of obsolescence in a rapidly changing market. By staying attuned to market shifts, technological advancements, and consumer behavior changes, companies can proactively adapt their strategies and products. But what is open innovation?

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Unleash Your Visual Superpower!

Boxes and Arrows

From start-ups to banks, design has never been more central to business. Yet at conference after conference, I meet designers at firms talking about their struggle for influence. Why is that fabled “seat at the table” so hard to find, and how can designers get a chair? Does a designer just make pictures?

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How to Properly Engage with Customers to Receive Meaningful Insights

Moves the Needle

The rise of online ratings and reviews, social media where product stories are shared (both good and bad), and the overwhelming amount of information means that grabbing attention in this endless fight for eyeballs is a daunting task. Dominance of traditional market research is one of the biggest obstacles in achieving “customer centricity.”

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Make the Commercial First

Boxes and Arrows

Today, digital products like apps and sites require marketing. This is also a great opportunity to do market research. Way before starting to code, discover the true value of the idea using tools you probably already have. A marketing page is one version of the minimum viable product. Why this matters to designers.

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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.

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Innovation Budget Planning: 10 Key Components

eZassi

The ultimate goal of our consulting services is to move products to the market faster while continuing to handle new streams of innovation for improved ROIs across the board. Unlike other software, Ezassi doesn’t limit the number of users. Another feature of Ezassi’s software is a unique scouting capability that we call cyber scouting.

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Innovation Budget Planning: 10 Key Components

eZassi

The ultimate goal of our consulting services is to move products to the market faster while continuing to handle new streams of innovation for improved ROIs across the board. Unlike other software, Ezassi doesn’t limit the number of users. Another feature of Ezassi’s software is a unique scouting capability that we call cyber scouting.