Remove Engagement Remove Innovation Management Remove Open Innovation
article thumbnail

How Liebherr Engages Its Customers with Crowdsourcing

HYPE Innovation

This blog post is part of a series on successfully managing open innovation programs. In this series, I talk with experienced innovation managers to understand how they've built an open innovation capability in their organizations and how they strive to make this capability increasingly stronger.

article thumbnail

How to Execute An Open Innovation Strategy with Innovation Management Software 

Qmarkets

With digital disruption accelerating across industries, traditional, closed approaches to innovation no longer suffice for most companies. In fact, research shows that companies practicing open innovation achieve faster time-to-market and often realize higher revenue from new products. What Is an Open Innovation Strategy?

Insiders

Sign Up for our Newsletter

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

article thumbnail

Managing Expectations in Innovation Management

IdeaScale

One of the most effective ways to engage your crowd is to demonstrate commitment to turning their ideas into real value and impact. However, this can present some challenges for innovation managers. Some concerns we have heard from innovation managers: “I do not want to overpromise what we’re going to do with people’s ideas.”.

article thumbnail

Open Innovation: Your Guide to Harnessing and Managing the Best Ideas

IdeaScale

Open innovation allows everyone to compete equally, whether their development budget is large or small. What is Open Innovation. Open innovation is a paradigm shift that assumes organizations can and should use external ideas as well as internal ideas to determine as path to market and advance technology.

article thumbnail

We Require A Shift of Innovation Management Solution Providers

Paul Hobcraft

I think with the recognition that innovation occurs across the whole organization the innovation management (IM) providers have to radically alter their business model or recognize they need to broaden out their target market inside organizations as innovation is occurring in all corners of the organization today.

article thumbnail

The Top Innovation Management Software: HYPE Innovation recognized as #1 by Independent Research Firm

HYPE Innovation

Innovation management (IM) has evolved from merely managing ideas to encompassing the entire innovation lifecycle, including startup and technology scouting, trend management, open innovation, continuous improvement, employee engagement, and innovation portfolio management.

article thumbnail

Open Innovation: A critical success factor when you build your innovation journey

IdeaScale

As a consequence there is not a “one size fits all” solution – each company needs a unique plan to drive innovation and change successfully. However, successful innovation management goes beyond the research and development department. Check this out: Silicon Valley meets Europe – Innovation Tour.