As the retail landscape changes seemingly daily, what does the future of innovation in retail look like?
Retail moves fast. Customer expectations change quickly, margins stay tight, and competitors can copy a product or promo almost overnight. That’s why many leading retailers don’t rely only on leadership brainstorms or outside consultants for new ideas. They pull insights from the people closest to the work: employees, customers, vendors, and partners. Crowdsourcing in retail is not just “collecting suggestions.” When it’s done well, it becomes a practical system for
Back in 2008, Starbucks launched their crowdsourcing platform, “My Starbucks Idea”.
Your intentions may be good, but there is more to open innovation than just a suggestion box.
More and more, the CIO is becoming a crucial player in the future of your organization.
Take a look at what you did last year, and what you should be doing better this year.
Getting new ideas is only half the battle. What does your review process look like?
With a new year upon us, are you doing all you can to promote innovation in 2018?
Innovation programs are far from being a one-and-done endeavour but rather solid and continuous. So how do you accelerate and scale your company’s innovation process efficiently? Here are some valuable tips from our favorite innovation leaders.
In 2018, things will be moving faster in your industry than ever before.