The Experience Equation: How Happy Employees and Customers Accelerate Growth Innov8rs / Research has long established the link between customer experience and revenue, but the situation is more nuanced —and even more interesting— than that. Customer experience (CX) is in fact locked with employee experience (EX) in an intricate relationship in which one depends on the other to gain maximum results. In addition, the right strategic efforts have critical implications that can result…
The Best CEOs Are Chief Ecosystem Officers – How to Approach Ecosystem Strategy Innov8rs / Ecosystems can be immense value drivers, but also quickly turn into competitive threats. Their interconnected nature is putting up new challenges for companies. What then should businesses do about ecosystems? At our recent Innov8rs Connect on Startup Collaboration and Ecosystem Engagement, Martin Spindler Principal at hy – the Axel Springer Consulting Group , worked us through the basics of…
Gorillas Can Dance: Cultivating Effective Startup Partnerships to Foster Corporate Innovation Innov8rs / Faced with disruption, large corporations are realizing the value of partnering with start-ups. However, while this could result in win-win collaborations, developing productive partnerships is not straightforward. The very thing that attracts them to each other – their significant differences – also makes it difficult to work together. Therefore, the partnering process must address multiple…
This weird fat is what makes you smarter, but less creative (Myelin) Idea to Value / Why is it that it sometimes feels so hard to be creative? Well, it is because your brain is actually incredibly lazy ! But don’t blame yourself. Blame evolution. You see, the brain is one of the most energy-hungry organs in your body, regularly demanding around 20% of the calories your body uses . And in the distant past, fulfilling our basic needs of feeding ourselves was one of the core…
Five Questions to Answer Before Crowdsourcing InnovationManagement / As the director of the IdeaScale Crowd community, I recently had the opportunity to share some insights and best practices for innovators who are new to crowdsourcing, and may not have conducted their first campaign yet. We discussed five questions to ask as you prepare for your first campaign, why those questions are important, and some examples of good and bad answers to those questions. The…
Podcast S5E121: Diana Kander – Unlocking the truth with curiosity to drive innovation Idea to Value / In this episode of the Idea to Value podcast, we speak with bestselling author, serial entrepreneur and innovation keynote speaker Diana Kander. We discuss what keeps companies and leaders from reaching their full potential around delivering innovation, and the importance of curiosity to find the truth. Topics covered in this episode: 00:02:00 – Diana’s diverse background starting successful…
Which colours should you paint your office to be more creative? Idea to Value / We know that our surroundings can impact our creative performance and ability to innovate. So how can we adjust our surroundings to help us to achieve our best work possible? Well, several pieces of research have looked at how colour around you affects your creative performance. And it turns out that different colours can help you focus (to be productive in your creative challenges), while other…
Business model innovation and positive social impact Board of Innovation / Get to know GaiaGo: the cross-industry, disruptive business model advancing sustainable mobility, sustainable consumption and inclusive urban planning. The post appeared first on Board of Innovation .
Why People Buy Innovation Management Software InnovationManagement / Every year, IdeaScale analyzes our system and customer data and releases a report on crowdsourced innovation trends and benchmarks. You can find this year’s report here, but one of the questions that we pay a lot of attention to is why people are looking to purchase an innovation management platform in the first place. The post appeared first on InnovationManagement .
Why every innovation plan will fail when it hits the market Idea to Value / The boxer Mike Tyson once famously said: Everybody has a plan before they get punched in the mouth! While the original quote from 1987 was actually “Everybody has plans until they get hit for the first time.”, the sentiment also applies to innovation projects. Companies often create elaborate plans for what their projects are supposed to achieve once they are released. They might even plan growth…
Online Brainstorm Facilitation Training for the Time-Crunched The Heart of Innovation / Idea Champions is thrilled to announce the launch of an exciting new offering — an elegant way for its time-crunched, innovation-leaning clients to upgrade the impact of their (on-site) brainstorming sessions — just in time, as some of our clients, post-pandemic, begin gathering together, in the flesh, again. Oh boy! We call it Conducting Genius — the simplest, most time-efficient way we can…