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CNBC Business | The Next Big Thinker
Servan-Schreiber suggests that it may not be long before participatory technologies become a prerequisite for employees reared on a diet of blogs and wikis. “A whole generation of workers has grown up with the internet and everything it entails,” he says. “It means they expect to be heard and to be part of the conversation all the time, including at work. They expect that people will listen and take them seriously. Prediction markets provide an answer for that yearning.”
Suggestion Schemes are the engine for your Innovation « BQF Innovation
Siemens Automation and Drives. There are no forms and no paperwork. The intranet application has just four screens – entering the idea, evaluating, accepting or rejecting and implementing. Every manager acts as an evaluator. Payments are made in the form of vouchers to a value of around $80 on acceptance of the idea. They have found that small rewards and recognition on acceptance are a better incentive than larger rewards delayed until implementation.
Another interesting aspect of the Siemens scheme is that they publish league tables of ideas implemented by department with awards for the most successful departments. Managers are incentivised to accept and implement ideas.
Lean Innovation and Idea Management: Idea Management: How ideas crash.
My personal recommendation, when engaging in the ideation process and the development of an idea, especially when using idea management software, is that a core requirement of collaborating require that for every flawed aspect of an idea that is pointed out, a positive one is too. The positive one can address a separate aspect of the idea, or perhaps propose a way of mitigating the identified flaw. This helps keep the balance equal or in favor of the positive aspects, but also opens the opportunity to constructively address the flaws.
White House CTO: IT Is Part Of 'Federal Government Fabric' - Government - IT Channel News by CRN
"More money has been spent on trying to fix claims benefits than you can ever imagine. The president issued a simple challenge. Listen to the 19,000 frontline [veterans claims] workers and ask for their ideas. Two weeks later we had an idea management portal up and within another two weeks, 12,000 of 19,000 employees had registered and played in the system," Chopra said.
Users can comment and rank their ideas and the top 15 will get to present them in Washington, he said. "We'll do our best to execute on them," he said. "Normally, you'd think of that as a big ERP implementation that takes a long time. But it's not that at all."
When Open Innovation Becomes A Gimmick: Lessons From Campbell Soup Company | Stefan Lindegaard: Leadership+Innovation
Let me start out by saying that it is purely accidental that I am lashing out at Campbell Soup Company in this blog post. It could have been several other companies as Campbell has not really done things that have not been done at other companies that set up programs to accept innovative ideas from external sources. While their intentions may be good, their execution is so poor that I can’t imagine they’ll have much success at this attempt at open innovation.
How to Build a Culture of Innovation - BusinessWeek
A culture of innovation won't take root if you don't have clear systems for approving and funding ideas, for example, or an employee review process that includes innovation criteria.
Please, Hamel, Don’t Hurt ‘Em : Andrew McAfee’s Blog
Another good idea is to reinvent current management practices not by replacing existing hierarchical routines with emergent ones, but rather by using emergent systems, communities, and processes to lead the way – to show how existing practices can and should be changed. This could mean, for example, not having all ideas compete on equal footing, but instead ensuring that all ideas are open to scrutiny, commentary, and improvement, and that the ones that come from high up in the hierarchy aren’t treated as if they’re fully formed or free from error.
TOYOTA'S IDEA FACTORY
It told how Toyota got more than a million ideas per year from its employees and had been doing so for more than a decade. Around this time, a U.S. Army lieutenant general asked one of us how this could be. To him, it made no sense. Either Toyota was in very bad shape, he asserted—so bad that it needed a million ideas per year to fix its problems—or the whole thing was some kind of charade. Whichever was the case, Toyota’s idea system didn’t seem to be something other companies would want to emulate. It was a thoughtful comment from someone with considerable leadership experience. But it also exposed a degree of ignorance.
Brand Autopsy: My Starbucks Idea
This focused approach to (a) participating in social media and (b) gathering customer suggestions would be easier for a company with no meaningful social media experience to manage. It would also make it easier for Starbucks customers to follow-along.
Diva Marketing Blog - Marketing blogs and corporate social media strategies for innovative companies
If I were a bettin' diva I would say that Digital Ideology sites will become more prevalent across industries and sectors. Maybe even to engage in real exchanges. For now it seems that companies are using it in a traditional media/marketing way.
Three Star Leadership Blog: Community is a Characteristic of a Great Working Environment
"About three fourths of engaged employees (76 percent) strongly agreed with the statement 'I have a friend at work who I share new ideas with.' On the other hand, only 2 in 10 actively disengaged employees (21 percent) strongly agreed that they have a friend at work with whom they share new ideas."
Purist Product Management: Idea Management Vs Innovation Management
But the most important elements are; to capture the idea's in the first place, to reduce the entry barriers for ideas to be considered from any source of an organisation, to create a critical mass of ideas so that within that pile of ideas there are nuggets of innovation gold.
Disney Crowdsources Its Own Company - BusinessWeek
Well, in this case I’m referring to the fact that once a year, Disney (DIS) puts out a call for product ideas to its entire consumer products division of 12,532 employees, which includes Fashion & Home, Toys & Electronics, Food, Health & Beauty, Stationery and Publishing. That means sales, communications, and other non-inventing divisions get to participate. It’s what they call the “Big Idears” contest. For the first time, one of these ideas is coming to the mass market…
Category to Watch: Idea & Suggestion Management | Minnov8
Of course you’re paying attention to the always-on, always connected culture of participation online that is fundamentally shifting how we connect with one another, get our news and alerts, are influenced by people we trust and increasingly making our voices heard when we like or don’t like something a company or organization is delivering to us.
Drinking From The Firehose With InnovationSpigit 2.0
It's the application of game theory to a virtual currency system that really differentiates Spigit from other innovation management solutions, like BrainBank, Brightidea, and Imaginatik. While at first users might find it strange to be pushing an idea towards acceptance with virtual stock purchases, they're likely to find it less so when they discover they could potentially buy real world rewards and swag with the returns.
Studying Innovation | In This Issue | Consumer Goods
So, Abrams then asks, how does a consumer goods company become consistently innovative? "Perhaps not surprising, in companies that innovate well, innovation is a corporate objective just like any other - revenue, profit, return on investment, return on assets, productivity or growth."
Built to Thrive - reframing the new business landscape » Making the case for Social Based Innovation
Crowdsourcing, Co-production, crowd spirit, etc are concepts that try to capture the emerging world of social mobilization. Leveraging communities as crowds that influence your innovation mandate has become a new topic of discussion.
Leadership: Fostering Systemic Creativity - HBS Working Knowledge
The top-down and bottom-up approaches worked simultaneously to complement each other. As employees learned the skills to think creatively, leaders learned to encourage creative thought and the sharing of ideas.
The Heart of Innovation: 56 Reasons Why Most Corporate Innovation Initiatives Fail
Innovation initiatives sound good, but usually don't live up to the expectations. The reasons are many.
Today's Tip Turn Your Business Into an Idea Factory - BusinessWeek
Idea management systems are not just for large corporations. Every business needs an influx of potentially useful ideas to help it stay competitive. There are many methods for collecting and selecting the best ideas. In most companies, there’s no shortage of good ideas. They come in every day—from customers, suppliers, employees. And, of course, there are those ideas you get in the middle of the night when incubating a problem or opportunity!
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