Having identified your key innovation challenges – aligned with your company’s higher purpose and strategic goals and made attainable, useful and targeted – it’s time to focus on describing them plainly and completely, to guarantee you’ll get meaningful content.
Operational efficiency is clearly ahead in idea implementation, while sales and marketing, sustainability and better customer experience count for more than half of all the ideas implemented. By dissecting the innovation challenges that performed the worst – and excluding extrinsic … Read More
The Brazilian company Fleury – a leading provider of clinical analyses in Latin America – has currently more than 10,000 employees. All can participate in Fleury’s innovation efforts. In 2007, the company initiated a programme to encourage suggestions for how … Read More
More than 88% of respondents indicate that innovation is a major element of their product development initiatives, according to ‘The 2015 Global Innovation Economy Survey’. However, less than 25% set innovation performance metrics, other studies found. How can we explain … Read More
The focus on innovation has been moving to the value within organisations’ people: not only employees but also stakeholders and consumers. Being the human factor a new fundamental driver, how are companies gauging innovation results and capabilites? What metrics are … Read More
iPhone at Apple, Gmail at Google: these are the results of incremental innovation – of structures, features and processes improvement – typically involving larger numbers of people in these efforts. Thomas Edison, though usually considered an inventor, was in truth … Read More
Liberty Seguros Portugal, awarded several times for being ‘a great place to work’ and promoting ‘excellence at work’, wants to take its employees’ creativity and engagement to a new level. The insurance company has set in motion the ‘People@Liberty’ programme, … Read More
First, technological revolutions changed operating models. Next day, reorganised business models. The third wave is now forcing management models to evolve. Tomorrow’s success stories will be those of companies whose DNA and best practices enable them to transform their different … Read More
The biggest challenge multinational companies face today is how to build an organisation where collaboration is sustainably enabled by technology, processes, capabilities and behaviours. Where collective intelligence becomes the ‘muscle’ behind innovation. And where people, individually and as teams, work beyond their job description, and everyone, anywhere, can make a difference.
No returns, no play. Many innovation programmes have been shut down based on this mindset. How to make sure that yours won’t? Our services and software teams have joined efforts to create a structured model that makes sure idea management works and you, as an innovation executive, regain control of your mission. We have thus developed an idea management formula that produces results. Always.
Whether you seek to apply innovation management to solving very specific business challenges or to creating a companywide culture and capability, ask yourself, ‘What do I want to change in my organisation?’ Understanding your ambitions helps you materialise a migration path, set your expectations and allocate resources more rationally.
Nike’s goal is ‘to bring inspiration and innovation to every athlete in the world’. Barnes & Noble bookstores’ mission statement is ‘to operate the best specialty retail business in America, regardless of the product we sell’. And Starbuck’s motto is ‘to inspire and nurture the human spirit – one person, one cup and one neighbourhood at a time’. What is the perfect umbrella for your initiative?
It´s a one million (or likely more) dollars question that companies worldwide have been striving to answer: How can we successfully implement and run an idea management programme across borders? In other words, how can organisations with complex combinations of … Read More
Exago’s model applies game design techniques and covers most game elements we’ve identified quests (challenges), points, avatars, badges (opinion leader, etc.) and social interaction with the sharing of knowledge and information. It also promotes collaboration (co-creation, commenting and peer evaluation) and competition (the best ideas are chosen by the crowd) – including a system to reinforce a sense of progression and levelling up among participants.
More than ever, companies need to engage their employees to assure long-term viability. Yet, overwhelmed with information, people’s attention spans have become shorter and shorter. Their willingness to contribute to lateral activities has shrunk, particularly if these are boring or … Read More