Make every idea count for your business this year

Are you truly committed to finding the best ideas to grow your business in 2018?

You’re not the only one.

 

Learn how Exago innovation management software can make every idea count for your company with your freedemo@exago.com.

 

 

Unilever partnership pledges £40 million to support social enterprises

In partnership with the UK’s Department for International Development (DFID), Unilever is expanding its commitment to support social enterprises through the joint initiative TRANSFORM. To invite ideas and collaboration to further catalyse impact, they have chosen Exago’s open innovation software.

DFID and Unilever founded TRANSFORM in 2015 with an ambition to bring private sector creativity and commercial approaches to solve persistent global development challenges. To date, it has supported 19 projects across nine countries, which have already benefited over a quarter of a million people.

This next phase will quadruple the size of the programme, from £10 million to £40 million, to support market-based solutions that meet low-income household needs in developing countries. Through financial and business support for social enterprises and behaviour-change interventions, TRANSFORM’s aim is to enable 100 million people in sub-Saharan Africa and Asia to gain access to products and services that have been shown to improve health, livelihoods, the environment or wellbeing by 2025.

Partnerships key to unlocking resources

TRANSFORM will continue to drive progress towards achieving the Sustainable Development Goals (SDGs), as the world prepares for a more inclusive, low-carbon and equitable economy by 2030. “The SDGs offer the world the business opportunity of a lifetime. If we seize this, we can help harness the power of markets to deliver not only exceptional growth but also help our economies to transition to the low-carbon, inclusive and healthier world we all want,” says Clive Allison, director of New Business Models at Unilever.

To promote impact at scale, TRANSFORM will use the Exago software. “We know that some of the best ideas and boldest actions are coming from entrepreneurs and start-ups,” adds Allison. “These disruptors are driving new innovations and business models to create the momentum the economy needs to transform itself, and the TRANSFORM initiative is a key vehicle to unlock these opportunities and scale solutions that work, to build a brighter future for all.”

Join the TRANSFORM community here.

If you’re managing your company’s innovation initiative, the Beaver is for you

Opening the way for your 2018 challenges, Exago – Beaver Release enables innovation platform managers and administrators to become master builders and determine the flow of each stage of your company’s innovation endeavour.

With simplified processes and configurations, you focus time and skills on what matters: putting together an innovation programme for effective collaboration.

5 new key features for a stronger idea management process

1. Back-office use gets more efficient
Your back-office use is simplified with:
• Easy pick and broad colour palette for customisable appearance;
• Possibility to configure multiple applications in the general back-office;
• Tag management page to facilitate configurations by object type (ideas, users, etc).

2. Customisable fields in each idea form
Sometimes a general idea description in the idea form is the best option, while in other cases, the expected impact or specific metrics may also be relevant. Exago – Beaver Release lets you choose the fields in each challenge and phase of your workflow, with an idea form that is targeted and adaptable.

3. To have or not to have prizes
Though incentives bring more engagement, you may prefer other recognition mechanisms. Our new release allows you to adjust this according to programme needs, with the option to set up internal or open initiatives without offering prizes. If you do give away prizes, you can choose to always have them visible, reminding users of what they can win for taking part in your company’s challenge.

4. Switch insights on and off
Sharing insights on each topic and challenge may not make sense for your innovation initiative in a specific moment. Platform managers and administrators can now activate and deactivate this feature whenever they see fit.

5. Extra workflow flexibility
Innovation initiatives are never the same, so workflow flexibility is a must for managers. Taking it one step further, you can now adjust your workflow and add additional states for idea analysis, voting and filtering – to easily find ideas that can be implemented with lower cost and higher impact.

Do you want to have a sneak peek of the Exago – Beaver Release? Let us know what time suits you best for your freedemo@exago.com.

How to create a culture of collaborative innovation in younger generations

We have seen how Millennials and Generation Z are often disconnected from the strategic vision of a big organisation because they cannot see any links between their everyday work and the company’s business objectives.

Being able to align an individual’s everyday work and goals clearly with the organisation’s strategy gets people to think in new ways and imagine new possibilities. It makes it easy for employees to see how their contributions matter. Alignment with the organisation’s strategy becomes a personal matter, creating the foundation for increasing both engagement and personal satisfaction.

People on the front lines have, in fact, a unique perspective given their skills, experience and view into the organisation. Inviting employees to participate in the decision-making process by sharing their ideas about their work offers leaders multiple and very diverse points of view.

If you inspire people to think strategically about work, they will find ways to solve problems and opportunities for innovation that have the potential to elevate overall performance – and potentially improve their employees’ retention ratio.

With idea management software, such as Exago Smart, you can launch strategic business challenges and invite each employee to share ideas and insights on them. In other words, it allows employees, as individuals, to participate and have a say in building the company’s future together – aligning goals, seeking greater engagement and stimulating creative thinking and collaboration.

Additionally, by including evaluation mechanisms, these sophisticated platforms give the community the chance and means to assess, as a whole, the ideas presented – thus harnessing and activating your company’s collective intelligence.

In this sense, innovation management software can help you continuously find new answers, as change becomes constant. It also promotes a collaborative culture, for individuals and the community, answering directly to the main needs and motivations of both Millennials and Generation Z.

READ MORE:
Why is innovation management a powerful tool to engage Generations Y and Z

FROM THE START:
Loyalty is no longer enough to both employers and the workforce

Aylin Olsun, managing partner of ASO Company
Diana Neves de Carvalho, Exago’s CEO

Exago partners with Microsoft for optimal innovation software performance

Exago announces a technological and business partnership with Microsoft, to strengthen its product scalability and performance and to accelerate growth in sales. Now hosted by the Microsoft Azure cloud computing platform, Exago’s collaborative innovation SaaS solution is fully set to grow alongside corporate innovation programmes, supporting unlimited users’ increase in multiple geographical locations. The software is already available in eight different language options.

Exago’s CEO, Diana Neves de Carvalho, explains that this technological partnership “answers clients’ increasing security concerns worldwide. Exago’s infrastructure, hosted by Microsoft Azure, can now guarantee total network and perimeter security, as well as compliance with all major industry standards”. Based on the most frequently used web technologies, Microsoft software ensures fast and controlled upgrades, as well as business continuity.

Exago and Microsoft will be working together to open new business channels and explore strategic markets. Recognising the needs of start-ups and small- and medium-sized companies that develop technology solutions, Microsoft also wants to accelerate existing and new solutions and applications to the market. “Exago’s Idea Market software allows companies to efficiently manage their innovation challenges and continuously find new solutions and growth paths. We therefore believe we are investing in the future,” says Diogo Pinto de Sousa, Partners Director at Microsoft.

Founded in 1975, Microsoft (Nasdaq MSFT) is the worldwide leader in software, services, devices and solutions that help people and businesses realise their full potential.