Today the traditional model of ‘top management decides’ and ‘everyone else unquestioningly executes’ is less likely to succeed, namely in your innovation efforts. Leaders need to define strategy based upon established fundamentals and then clearly communicate that strategy throughout their organisation. Transparency is paramount in the twenty-first century enterprise.
Internal crowds have their say with open innovation
This is where our open innovation model draws a line to make a difference – we believe both external and…
Open innovation is no self-fulfilling prophecy
However positive and confident you and your company may be about developing your open innovation initiative, these benefits won’t just follow automatically.
What could possibly go wrong with open innovation?
Everyone understands the value and promise of open innovation in the business world – from brand awareness and customer engagement through to the search for fresh answers. But, truth be told, most programmes are failing to deliver results because their dynamics are too complex and the processes used are proving inefficient. A lack of relevance is also strongly affecting returns.
You need masters, as well as idea management practitioners
We’ve seen that you need a constituency inside your company to provide needed support throughout different phases of the innovation process. Together with one of our clients, we worked to design and develop a solution that promotes a cadre of innovation pivots. We called it ‘Innovation Sigma’.
The idea management foot soldiers
Idea management software – functioning as an ‘idea market’ – has proven to be highly effective at unleashing your people’s hidden innovation potential. Geared to reaching goals, this gets each person to engage and participate more over time, whether you’re seeking to improve performance, find new products and methods or develop a widespread, collaborative culture of innovation.
Beyond Tech and Elusive Geniuses – The Everyday Innovation Heroes
Apple, Google and General Electric success stories centre on groundbreaking characters and geniuses. But 99% of companies worldwide are unlike…
Back to basics: Why are we doing this, really?
Behind, they have left the familiar territory of ‘quality’, that delivered almost guaranteed (yet limited) improvements. Ahead, ‘innovation’ offers an exciting journey, where you can’t see the end from the beginning. But this demands a leap of faith. And, as we know, matters requiring faith tend to stay at the door of the boardroom.
How would it work out for you?
There is no one-size-fits-all solution, but the formula works by unleashing people’s hidden potential to deliver tangible outcomes. There is nothing magical about it. It is born out of learning, experimentation, practise and sustained effort – as most problem solving is.
Innovation executives, unite!
We know that innovation is the cornerstone of any corporate growth imperative. But the innovation industry apparently needs a return to sanity: we need results. It’s time to discard obsolete models. This is where our ‘intervention’ steps in.