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Innovation project or Innovation Capability?

Jeffrey Phillips

No, today I want to talk about the differences and problems when companies focus on innovation as a discrete project, versus what they really need, innovation as a competency or capability. Plus, innovation as a project demonstrates some investment in innovation but controls for cost and risk.

Project 160
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Idea Generation Process: The Various Approaches to Gathering & Implementing Employee Ideas

Qmarkets

Employee ideas are the backbone of any corporate innovation initiative, and therefore a strong idea generation process that can be scaled across your organization is key. When this is properly communicated and promoted across the business, employees have an easily accessible way of sharing their ideas.

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You need to know your success criteria

Idea to Value

They had just run an idea-generation challenge and received a decent number of responses from their employees about new innovations they could pursue. The issue was that the company now had no idea which of the ideas should be taken forward.

LEAN 224
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Where will Innovation Management Software go?

Paul Hobcraft

Increased integration with other business tools, such as project management and collaboration software. Integration with other tools: Making the software easily integrate with other tools and systems that companies are already using, such as CRM, ERP, and project management software, could make it more appealing to adopters.

Software 183
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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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Why corporate innovation is harder than a startup

Jeffrey Phillips

Failure in a funded project in a corporation is typically judged rather harshly, and over the last 3 to 4 decades with outsourcing, rightsizing, cost reductions, six sigma and more, we've trained a management cadre to dislike change, risk and uncertainty. In fact, many ideas hope to do just that.

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What is Total Innovation Management? Achieving Excellence from Idea Generation to Implementation

Qmarkets

Too often, companies think of innovation in terms of disparate temporal projects, rather than as a holistic practice that should be permanently embedded within the organization’s DNA. Amplify Idea Generation You can’t address the question ‘what is total idea management’ without emphasising the importance of crowdsourcing ideas.