Five key dimensions for building your innovation challenges

Cristina BastosBlog, Insights

Remember these five innovation challenges dimensions

In the process of setting objectives for your business goals, you should always think SMART – as management guru Peter Drucker applies this expression. To make your objectives easy to understand and monitor, they need to be specific, measurable, assignable, realistic and time-related. This mnemonic can be useful when establishing innovation challenges.

Are you building your innovation challenges right?

Cristina BastosBlog, Insights

Putting the pieces together

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.

Six common mistakes and one advice for innovation challenges

Cristina BastosBlog, Insights

green and white mail boxes

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

Are you ready for your innovation journey?

Cristina BastosBlog, Insights

7 innovation journey must-haves

Innovation is the way, the only to way, to stay ahead in the race. It’s the ongoing attitude that makes it possible. A source of opportunities, to create differentiated business models, products and cost structure that can ensure resilience and … Read More

10 best practices for cross-border innovation. Number 7 ignites motivation

Cristina BastosBlog, Insights

Gummy bears

‘What’s in it for me?’ is the question your people will ask. Incentives motivate people. It’s not necessarily about tangible rewards such as prizes, but, most of all, recognition. Being recognised and to gain visibility inside the organisation motivates people to contribute to idea management programmes in every stage of the process – from thinking to creation to action.

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

Cristina BastosBlog, Insights

Vintage radio and microphone

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.

10 best practices for cross-border innovation: Analysing number 4

Cristina BastosBlog, Insights

Man looking at the horizon

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?

10 best practices for cross-border innovation: Analysing number 3

Cristina BastosBlog, Insights

Telephones

What sometimes is less obvious when launching your innovation programme across borders, is the need for a constituency inside your company to provide needed support throughout different phases of the process. Still, forget about employing a huge army of innovation musketeers. That’s not going to happen.

10 best practices for cross-border innovation: Analysing number 2

Cristina BastosBlog, Insights

Electricity switches

We’ve seen that, not just sponsorship, is key when developing an innovation management initiave across borders. I won’t lecture on the importance of the second must-have: the capital to effectively launch and manage your programme. This is clear, and I’m sure you’re taking care of it.

Gamifying innovation: stay ahead of the game

Cristina BastosBlog, Insights

Sail boat

Exago’s model proves that gamification can successfully be applied to innovation, as we have seen these last few weeks. As a result, the ideation process becomes highly engaging, highly efficient and sustainable over time.

How exactly do we gamify innovation?

Cristina BastosBlog, Insights

puzzle

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.

Gamifying innovation: all can play, all can win

Cristina BastosBlog, Insights

American footbal field

One of the recurring preconceptions to overcome in any innovation management effort is that only experts are able to innovate. In a sense, it’s someone else’s job, not mine. This makes it difficult to bring people into the process and keep them motivated throughout the journey.

Why should you gamify innovation, anyway?

Cristina BastosBlog, Insights

color pencils

Gamification relates to the desire for status, achievement and competition, making people feel fulfilled by their activities. But what benefits does this actually bring to your innovation initiatives?

Gamifying innovation: get to know your players

Cristina BastosBlog, Insights

bowling

The greatest challenge in gamifying your innovation initiatives is to construct the process so that everyone, or at least the majority of people, will feel in the flow, as we’ve seen. But how can you efficiently engage as many ‘players’ … Read More

Gami…what? How to make innovation fun

Cristina BastosBlog, Insights

rollercoaster

We’ve said that gamification mechanics can make innovation management initiatives more appealing and successful, while drawing your people’s attention to key business challenges. But how exactly does this happen?

TIP: The checklist for your innovation programme success

Cristina BastosBlog, Insights

Agenda

Below is a checklist that, in our experience, will increase your odds of successfully implementing innovation initiatives. You will learn that there is never an ideal moment to get started and that you will never have all the necessary components aligned at the same time.

TIP: You’re not Google or Facebook, are you?

Cristina BastosBlog, Insights

Countryside road

For 2015, forget about inspirational success stories of companies that schedule and internalise innovation time – such as Google with its 20 Percent Time policy (one day each week for all employees to devote to personal innovative projects), 3M with its 15 Percent Time, Apple with its Blue Sky project and Facebook with innovation Hackathons.

TIP: For those who know the innovation clock is ticking

Cristina BastosBlog, Insights

clocks showing different time zones

Now that the year comes to an end, we have good news and bad news. Let’s start with the bad news: Arthur D. Little’s Innovation Excellence Survey found a growing number of companies realise that they have failed to make innovation everyone’s business. And this is costing them dearly.