Between clinging to the past and offering the same product as everyone else, these three failures in innovation prove that corporate agility is vital.
We’ve said it once—maybe more than once—but we’ll say it again: Great ideas often come from unexpected places. It’s a narrative we’re all familiar with. Corporate wants to introduce a new product or service, but the pool of viable ideas is shallow. In comes an employee, perhaps from a department other than R&D, and presents a winning idea. Management is ecstatic, but it’s also kicking itself for not thinking of
There’s an increasing demand in businesses big and small for new ideas not just from management but from employees, customers, and partners at the front-lines.
With your innovation goals in place and a strategy to execute on them ready to implement, it’s time to let everyone know.
Where are your innovation efforts leading you in the new year?
More and more, organizations are empowering their employees to think critically about the challenges facing them.
You don’t have to be Google to instill an “intrapreneurial” mindset in your employees.
When looking to introduce a new Innovation or Idea Management program, one of the most frequent challenges can be building out and selling the business case to decision makers within a firm. Objections from these individuals can be numerous, but we at Ideawake understand the root of these objections and have outlined the explanation you need to overcome them and ease leaders’ concerns.
If you’ve launched an Idea Management program in your company, you’re on the cusp of using a powerful business tool to dramatically increase innovation within your firm. An Idea Management program is the ideal way to tap into the power of your most valuable asset, your employees. However, if employees aren’t engaging with your Idea Management program, you likely won’t maximize your potential returns.
We often hear decision makers at mid-sized companies say that their company is too small to see the benefits of implementing an idea management platform.