Finally, your 7th innovation journey must-have

Last but not least, when launching your innovation management effort, remember to find a way to communicate why the initiative is bigger than just a simple project with a set of processes and tools. A strategic intent that shows the outcomes of the effort will not only benefit the company, but your people and the world we live in.

Show your teams that this is the opportunity to define the company’s future, to out-differentiate our competition and, more importantly, to write history together.

In short, make sure you find what makes you all jump out of bed in the morning. It´s the ultimate must-have to guarantee, over time, a seat in the Innovation Journey.

Ready to board? Check your must-haves:
Are you ready for your innovation journey?

Is it clear enough? Your innovation journey 6th must-have

From the beginning of your innovation efforts, people need to clearly understand the journey ahead and to feel they have a voice in the process.

At Exago, we are strong believers in the power of collective intelligence to envision new possibilities and deliver compelling results.

Based on this belief, we deliver a solution to generate and screen ideas, in an efficient and transparent way. Using gamification techniques, we have developed a virtual ‘stock market’ where individuals ‘invest’ in the ideas they feel offer the most value to the organisation. Through this ‘idea stock market’ all can participate and easily see and invest in the ideas they feel offer the most potential. Besides being efficient and fun, it’s a fully transparent process.

And again, it is never enough to reinforce it: you should communicate individual and group contributions and outcomes to ensure transparency and reap the engagement rewards.

Read more:
Finally, your 7th must-have

From the start:
Are you ready for your innovation journey?

10 best practices for cross-border innovation. Number 9 makes this a shared journey

Photo: Austin Ban@unsplash.com

People need to understand clearly the common innovation journey ahead, when developing your idea management programme across borders. They need to have a voice and trust the process.

Prediction markets, as mentioned, are powerful engines to generate, screen and select ideas – in the most efficient and transparent way. You should also give constant feedback on contributions and provide adequate guidance. Both on idea submission and commenting, it’s important to ‘filter’ what is not value creation and ensure people understand how they can create value and improve outcome.

Again, remember to communicate individual and group contributions to ensure transparency and reap the engagement rewards. If you don’t provide constant feedback, engagement will quickly fade away. Once credibility is lost, it’s much more difficult to get people back to the game.

# Implement transparent screening processes
# Communicate successes, contributions and outcomes

Pedro do Carmo Costa, Exago’s director and co-founder
pcc@exago.com

READ MORE:
Number 10 is all about results

FROM THE START:
Innovation programme across borders: 10 best practices to make it work

10 best practices for cross-border innovation. Number 6 assures community awareness

Photo: Ryan McGuire@gratisography.com

If people don’t come, your innovation efforts stand no chance. Active and clear communication is fundamental to maximising engagement, guaranteeing adequate participation. It also assures community awareness. Building a witty communication plan – one that lives and breathes innovation – is paramount for the success of your idea management programme across borders.

When putting it together, make sure you have a complete plan with clearly defined targeted audiences, across cultures and business units, key messages, a media strategy and frequency expectations. For such undertaking, you have to involve your HQ communication teams, as well as country and business communication teams, to develop more detailed and oriented plans.

Remember to communicate continuously, as the process evolves. The more individuals see the success of projects to which they have contributed, the more likely they are to remain mobilised.

#Have a witty communication plan
#Adapt communication locally
#Communicate continuously

Pedro do Carmo Costa, Exago’s director and co-founder
pcc@exago.com

READ MORE:
Number 7 ignites motivation

FROM THE START:
Innovation programme across borders: 10 best practices to make it work

TIP: The innovation keystone you may be missing

Photo: Seagul

When launching your innovation management effort, you must find a way to communicate that the initiative is bigger than just a simple project. We’re talking about the opportunity to define the company’s future. The opportunity to out-differentiate your competition and, more importantly, to write history together. Individuals need a purpose if you want them to dedicate their time to activities not part of their official job description.

So, do make sure you find what makes people jump out of bed in the morning – define a meaningful purpose, a strategic intent that shows how outcomes of the effort will benefit both the company and the world we all live in.

Insight: ‘In the end, the best talent will migrate to those firms that have inspiring goals, along with process, culture, incentives and investment that seeks out exciting innovation-driven growth opportunities.’ (PWC Demystifying Innovation, 2011)

Brick by brick
During a recent visit to ‘Sagrada Família Basilica’ in Barcelona, she came across three bricklayers. They were working on the same area, placing brick on top of brick.

She walked up to the first bricklayer and asked him, ‘What are you doing?. He turned his head and with a look of disdain said, ‘What do you think I am doing? I am laying bricks.’

She moved on to the second bricklayer. She asked him, ‘What are you doing?’ He turned his head and with a look of appreciation said, ‘I am making a wall.’

She approached the third bricklayer and asked him, ‘What are you doing?’. He stepped back, looked up and down at his creation. He turned to her with a smile and a glint in his eye as he said, ‘I am building a cathedral.’

What makes people engage in your innovation effort? Laying bricks, making a wall or building a cathedral?

Pedro do Carmo Costa, Exago’s director and co-founder / pcc@exago.com

FROM THE START: Innovation looks easy – it’s not