Blog Archives

All posts by Coby Skonord

Driving Growth Through Continuous Improvement: The Power of Ideawake’s Idea Management Software

In the ever-evolving landscape of business, the concept of continuous improvement has emerged as a cornerstone of success for companies across industries. At its core, continuous improvement is a philosophy that encourages organizations to constantly evaluate and refine their processes, products, and services to enhance efficiency, quality, and innovation. However, implementing and sustaining a culture of continuous improvement requires more than just good intentions – it demands effective tools and

Coby Skonord|
June 12, 2024
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The Power of Online Suggestion Boxes in a Fast-Paced World

In today’s rapidly evolving business landscape, innovation isn’t just a buzzword; it’s a necessity for survival. Companies that fail to innovate risk falling behind their competitors and missing out on opportunities for growth. But in a world where time is of the essence, how can organizations foster innovation efficiently and effectively? The answer lies in embracing technology-driven solutions like online suggestion boxes, with Ideawake’s Idea Management Software leading the charge.

Coby Skonord|
May 23, 2024
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Unlocking Success: 5 Reasons Why Continuous Improvement is Vital for Companies

In today’s fast-paced business world, staying stagnant is simply not an option. With evolving market trends, customer expectations, and technological advancements, companies must continuously strive for improvement to remain competitive and relevant. One of the most effective ways to achieve this is through the implementation of continuous improvement initiatives. Let’s delve into why fostering a culture of continuous improvement is crucial for companies, and how platforms like Ideawake’s idea management

Coby Skonord|
May 10, 2024
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5 Challenges with Implementing Corporate Innovation Programs

Implementing a corporate innovation program can be a complex and challenging process, as it requires significant resources, time, and effort to get it off the ground and ensure its success. In this blog post, we will explore some of the biggest challenges that organizations face when implementing corporate innovation programs, and how you can overcome them. Lack of buy-in from top management One of the biggest challenges of implementing a

Coby Skonord|
March 12, 2023
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Flamin Hot Cheetos: A Janitor’s Idea That Changed Chips Forever

The best ideas come from the places you least expect, and the story of Flamin’ Hot Cheetos is no exception. Richard Montañez came up with the idea for Flamin’ Hot Cheetos while working as a janitor for Frito-Lay back in the 1980’s. Today, Flamin’ Hot Cheetos is one of Frito-Lay’s top selling products, and Montañez is an Executive for PepsiCo leading multicultural sales and community promotions across their North American

Coby Skonord|
February 19, 2021
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The ROI of Costco’s Employee Suggestion Program

Since its founding, Costco has always had a focus of putting their employees first. This includes offering higher wages, which is possible because of their low turnover rates. As a matter of fact, Costco has the lowest turnover rates in the retail industry. For Employees who have worked at the company for more than one year, the annual turnover rate is below six percent.  According to their CEO, another reason

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