IdeaScale

SEPTEMBER 30, 2024

As businesses increasingly focus on innovation and customer-centric strategies, customer co-creation has emerged as a powerful way to involve customers in the product development process.

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Innovation 360 Group

MAY 18, 2020

A new product development process that works at lightning speed requires new ways of working plus new ways of innovating. In this post we will cover how to: Cut your development cycle time and free up working capital. Fill up your pipeline with new, vetted ideas. Refining and reframing the ideas will make them sharper.

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Betterific

AUGUST 10, 2016

Sterilite ran their first idea generation campaign around storage bins. They generated a whopping 146 unique ideas, and 18% of those ideas were considered “actionable and innovative” by the Sterilite team. They are now back for seconds! Sterilite is interested in making storage more mobile.

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Jeffrey Phillips

MAY 24, 2022

Why you should consider a red team Let's imagine, instead, that your innovation team, the people with the great new idea, are the blue team. They've developed an idea based on a set of insights, voice of the customer work, great idea generation and a lot of testing.

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Qmarkets

NOVEMBER 28, 2024

Additionally, we’ll explore why software dedicated to idea management is not just suitable but ideal for serving as a hackathon platform, ensuring that the best ideas generated don’t just stay as concepts but evolve into impactful solutions. This ensures that promising ideas don’t lose momentum after the event.

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Qmarkets

APRIL 3, 2025

Collaborating with startups, research institutions, or industry partners can accelerate product development and inject fresh thinking. Many tech companies, for instance, co-develop solutions with universities to stay ahead of the curve. Combining idea management with technology scouting gives companies a distinct advantage.

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Product Innovation Technical Review Strategy Strategy 52

Qmarkets

MARCH 13, 2025

The term was popularized by Jeff Howe in 2006, when he described how businesses could leverage online communities to source innovative ideas. Customer Co-Creation Brands involve customers in product development, allowing them to submit ideas, vote on features, or provide direct feedback.

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Crowdsourcing Examples Software Review Technical Review 52

Qmarkets

NOVEMBER 1, 2024

At its core, open innovation is a collaborative process designed to tap into a wider pool of expertise, which drives faster innovation and lowers the risks and costs associated with new product development. Strategic Alignment : Ensures that product development and innovation efforts align with customer expectations and market changes.

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IdeaScale

FEBRUARY 12, 2019

Covia provides high-performance crystalline silica sand to the petroleum and other industries, and they used IdeaScale to gather employee ideas at all organizational levels. The company’s old idea generation process was manual and organized according to department. Workflows Can Help Tremendously when Prioritizing Ideas.

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Jeffrey Phillips

MAY 26, 2015

I was leading an innovation training session, talking about the reasons for conducting trend spotting and scenario planning prior to idea generation. And then I ask them to tell me their firm's average product development process timeframe. First, there is no such thing as an average product development timeframe.

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Qmarkets

APRIL 1, 2025

Typically, an idea matrix plots ideas along two or more dimensionssuch as feasibility versus impactallowing teams to see which ideas hold the most promise. The strength of an idea matrix lies in its flexibility. Are you identifying disruptive innovations, improving efficiency, or refining product development?

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Leapfrogging

MARCH 19, 2024

This transformation is visible in various facets of management, including: Strategic Planning : AI algorithms can analyze market trends and consumer behavior to inform the strategic direction of product development.

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Leapfrogging

APRIL 29, 2024

Reward Innovative Thinking: Incentivize your executives to think creatively by acknowledging and rewarding innovative ideas and solutions.

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Leapfrogging

APRIL 29, 2024

Reward Innovative Thinking: Incentivize your executives to think creatively by acknowledging and rewarding innovative ideas and solutions.

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Strategic Thinking Change Leadership Collaboration 130

Jeffrey Phillips

MAY 15, 2015

Further, even if the organization gets better at generating ideas, they haven't resolved how to commercialize good ideas quickly, due to long decision making and product development processes. Can the ideas or concepts they generate enter the product development process?

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PlanBox Innovation

FEBRUARY 7, 2023

Managing a complex innovation program can be a difficult and time-consuming task, but with the help of ChatGPT, the advanced AI language model developed by OpenAI, you can streamline your processes and achieve your goals more efficiently.

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Qmarkets

AUGUST 2, 2024

In the following sections, we will explore some of the most effective idea generation techniques and discuss how they can be seamlessly integrated into your innovation program. Generate Ideas: Encourage participants to generate ideas from their assigned perspective, considering what that persona might think, feel, or suggest.

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Paul Hobcraft

MAY 9, 2024

Instead, they are tapping into the global pool of talent and ideas, using tools like crowdsourcing and hackathons. From linear to agile: Idea generation is now a continuous process, not a one-time event. This openness is driving innovation by bringing in fresh perspectives and new ways of thinking.

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Leapfrogging

DECEMBER 10, 2024

The integration of AI into strategic planning and product development is a transformative move that can lead to substantial rewards. Leveraging AI for Product Development and Innovation AI is not just a tool for optimization; it’s a catalyst for innovation.

Artificial Inteligence 100

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Jeffrey Phillips

MAY 22, 2023

We won a few small projects at first and had the idea that what companies needed was a great place to store and manage ideas, so we built an online idea generation and brainstorming platform, and an idea management solution, which completed with industry leaders BrightIdea and Spigit and Imaginatik back when.

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Leapfrogging

MARCH 19, 2024

The Importance of AI in Today’s Product Development Artificial Intelligence has become an indispensable tool in modern product development. It is not just an enabler but a catalyst for innovation that can significantly shorten the time-to-market for new products and services.

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Leapfrogging

DECEMBER 10, 2024

Here’s how you can leverage AI for product development and enhance your services with AI capabilities. Leveraging AI for Product Development AI can play a pivotal role in the development of new products by providing insights that were previously beyond reach.

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Leapfrogging

DECEMBER 10, 2024

These could include the number of new products developed, the percentage of revenue from new products, or the number of ideas generated in a given period. Regularly solicit feedback and ideas from your employees to gain insights into potential improvements and new directions.

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Leapfrogging

FEBRUARY 28, 2024

Below are some examples that illustrate how AI is being incorporated: Idea Generation : AI-powered tools can suggest design options based on previous successful projects and current design trends. Examples of AI in the Design Process AI’s application within the Design Thinking process is multifaceted.

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Idea Champions

AUGUST 21, 2020

"Through your brainstorm facilitation, we gained more than 100 original ideas of high quality. The best of these will guide AT&T's development for years to come." - Robert Rubin, Product Development, AT&T. Idea Champions brings a creative, energetic and fun approach to idea generation.

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Leapfrogging

FEBRUARY 28, 2024

This process is widely adopted by managers, executives, and consultants to drive new product development, service innovation, and business model refinement. At the core of design thinking lies a commitment to putting users’ experiences and feedback at the forefront of product and service design.

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Qmarkets

AUGUST 23, 2023

In a competitive landscape, even small improvements to existing features can have a substantial impact on a product or service’s standing in the market. Whereas new product development can be expensive, incremental improvements to existing ones can achieve substantial ROI with a much smaller investment of resources.

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Qmarkets

JULY 19, 2024

Open innovation is a business strategy that encourages companies to use external and internal ideas, technologies, and resources to advance their technology and product development processes. Open innovation enables companies to improve their product development processes by incorporating external insights and technologies.

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Leapfrogging

DECEMBER 10, 2024

Establishing Processes for Idea Generation and Evaluation Developing a structured process for idea generation and evaluation is critical. Encourage your team to generate ideas freely by providing platforms for sharing and brainstorming.

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Leapfrogging

FEBRUARY 28, 2024

Managers, executives, and consultants involved in product development and business strategy can leverage ai tools for design thinking to enhance their creative processes. The synergy between AI and human ingenuity within design thinking is paving the way for more innovative and effective solutions.

Design Thinking 113

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Betterific

AUGUST 8, 2016

In the interview below, you’ll get a tremendous window into the world of innovation and product development. In Matt’s explanation of “how an idea becomes a product” you’ll notice that idea generation is the fourth stage of the process. Idea Generation.

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Leapfrogging

APRIL 10, 2024

They provide narratives on how rapid prototyping accelerates the innovation cycle, thereby reducing time and resources spent on product development. They may also delve into methodologies like lean startup principles and agile development to illustrate how continuous testing can lead to successful outcomes.

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Leapfrogging

MARCH 4, 2024

Introduction to Design Thinking Design thinking has become a cornerstone methodology in the worlds of innovation, business strategy, and product development. Idea Generation: AI algorithms can suggest a wide array of possibilities based on existing designs, market trends, and user preferences.

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Innov8rs

NOVEMBER 27, 2023

How do you move from idea generation to rigorous idea development the right way? A portfolio maturation framework can make it easier to reorient from ideas to outcomes. It can be hard to know where to start and whether you’re on track.

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Qmarkets

AUGUST 20, 2024

It outlines the steps and methodologies needed to develop, evaluate, and implement new ideas, ensuring they align with the organization’s overall strategic objectives. This framework serves as a blueprint for how a company approaches innovation, from idea generation to the successful launch of new products or processes.

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Tullio Siragusa

AUGUST 22, 2022

I think we can all agree that user adoption is the primary objective for all products. User adoption is not something that evolves at a particular point of a product development life cycle. Instead, user adoption requires proper planning and implementation strategy when the product is just an idea.

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Qmarkets

MARCH 8, 2024

The goal is to create a culture where innovation thrives, supported by processes and tools that facilitate idea generation, evaluation, and implementation on a larger scale. To cultivate such a culture, leadership must actively encourage and reward risk-taking and idea generation.

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