Gamification and Innovation Management

wazoku Blog

Last week, we posted a link to an article by Innovation Excellence on Gamification and the Innovation process which highlighted how gamification could be utilised to increase engagement in innovation management. One of the benefits of having a flexible innovation management platform is that it can allow you to employ certain aspects of gamification without the added costs cited by …

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Suggestion Box or Idea Management Software

wazoku Blog

With companies encouraged to innovate more, companies may be wondering what the best way to receive and manage ideas may be. Many companies result to what we call the idea black hole – the suggestion box. But what makes the suggestion box so nebulous? It’s not the actual box. It’s the process surrounding the box. Businesses must ask themselves the …

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Business Creativity and Innovation

wazoku Blog

Although most companies claim they embrace new business innovation in their core strategies and centre their corporate culture around it, statistics show that a relatively small percentage of them are effective innovators and, in fact, one in three executives admit to having a tough time maintaining an innovative edge. Organisations that constantly try to identify the needs driving innovation prove …

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Which is the right idea? – Structured Innovation Management

wazoku Blog

Brainstorming new ideas is a complex and mentally tiring process. People spend hours generating ideas and eventually come up with a host of creative suggestions – all of which looking plausible and likely to succeed. Every finished product or service not only a result of a thorough idea generation process but, more importantly, of structured innovation management. This involves all …

6 Essential Steps to Innovation

wazoku Blog

The best ideas in business can come from a variety of places – but only if you’re prepared to listen to them. Business thought leadership advises CEOs and others to look beyond their own board rooms and HiPPOS (highest paid person’s opinion) to find ideas among their employees, and it makes sense to create a workplace where great ideas can …

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Corporate innovation process – 7 steps to a cultural shift

wazoku Blog

Very often successful companies point to innovation management as their main success-driving mechanism. They deploy their corporate innovation process to improve every aspect of work and tackle problems. Large Cap businesses like Audi, Microsoft and Panasonic foster creativity across all organisational levels and work collectively to eliminate inefficiencies that hamper their performance. Although most business leaders agree that creativity is the …

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Culture of open innovation

wazoku Blog

How important is a culture of open innovation for a company? Building a corporate culture of open innovation is a continuous process that develops gradually over time and requires clearly-defined goals. An organisation with a strong culture can easily implement changes and engage their employees in all processes. Efforts in areas like executive visibility and championing innovative efforts start to …

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Innovation for business – money and time invested in innovation

wazoku Blog

Currently, the UK economy is experiencing a period of weak innovation for business due to the global recession and the aftermath of the country’s crisis of confidence in the 2000s. Investment in innovation remains for now a low priority and this is confirmed by the Nesta’s latest Innovation Index. Nesta is a UK’s innovation foundation (an independent charity) and helps …

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Rewarding ideas from employee suggestion programs

wazoku Blog

In a bleak economic climate, motivating staff is more important than ever. Management look at ways to incentivise employees in order to drive more business success. Implementation of new ideas gives a company a competitive edge and rewarding people for their creative contribution certainly motivates and inspires them to deliver even better suggestions. A study by the employee motivation agency …