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Ideating at Enexis – Driving Operational Innovation in Dutch Energy Sector

The Enexis Group finds itself in an industry prime for innovation stagnation; well-established solutions, a workforce often resistant to change, and heavy regulation on procedures and costs, means that spontaneous innovation is not something that can happen easily. Yet the company has managed to generate hundreds of new ideas each year since 2014, resulting in millions in cost-saving and improved...

The Role of Innovation in New Product Development: Three Approaches for Success

Innovation is essential throughout the entire new product development (NPD) process, but nowhere is it more key than it is in the Fuzzy Front End (FFE) stage. FFE is the starting point of NPD and is where new product ideas are generated before entering the formal development process. Developing a strategy here is key in creating an efficient and cost-effective...

Building a Business Case for Innovation Management – Why Now?

We all know it is not business as usual at the moment, and it’s even more important than ever for us to carefully prioritize where we focus our efforts both individually and collectively. However, I have recently been seeing reports of many businesses going into survival mode; choosing not to invest in innovation and instead save precious resources. In my...

Crowdsourcing: An Innovation Tool to Overcome the Limits of Remote Work

The unprecedented shock caused by the COVID-19 pandemic has forced many organizations to change ways they do business. Almost every business operation has been affected: from the manner firms talk to their customers to the logistics of product delivery to maintaining channels of communication between employees. Corporate Innovation: A Victim of Remote Work?  Corporate innovation will not be spared the troubles of adjusting to the “new normal.” One danger...

Growing Strong: How A Dedicated Continuous Improvement Process Can Nurture Corporate Innovation

Having a method in place to capture, refine, and unleash disruptive new ideas is crucial for any innovation strategy. However, it’s just as important to employ a dedicated approach that allows incremental, small-scale improvements to be implemented systematically over time. In this article– we’ll explore why using dedicated ideation tools to support the continuous improvement process, can help keep your...

Digital Civic Engagement in the age of Covid-19, BLM, and Economic Recovery

COVID-19, the worst recession since WW2, worldwide Black Lives Matter protests on police brutality – and we’re only 7 months into 2020. This year has given communities a lot to say and governments’ plenty to address, pushing civic engagement into the front of many minds. But the window for action in a crisis is small – and in times like...

Does Crowdsourcing Need “Rethinking”?

Benefits of crowdsourcing: Common Misconceptions In my previous post, I gave a working definition of crowdsourcing and described two major crowdsourcing approaches: adding capacity and accessing expertise. I also argued that although numerous organizations – including corporations, governmental agencies, and nonprofits – have used crowdsourcing to solve complex business problems, its wider adoption in the marketplace has been relatively slow. Some...

Innovation in the Time of Coronavirus: How to Innovate Effectively During a Crisis

Every Cloud Has a Silver Lining There is an old Chinese proverb that says, “Crisis is an opportunity riding on a dangerous wind”. During these days of global unrest – with news about the coronavirus and its severity changing daily – businesses across all sectors should keep the message of this proverb in mind. Although we are inevitably seeing the...

What is Crowdsourcing, and How Can it Add Value to Your Enterprise?

Since the 2004 publication of James Surowiecki’s highly influential book, The Wisdom of Crowds, the idea that large groups of people can be smarter than a few individuals, no matter how brilliant, has been gradually gaining prominence in academic circles, business communities, and public opinion. Crowdsourcing is one of the most popular applications of this idea. Numerous organizations –including corporations, governmental agencies,...

5 Corporate Innovation Tools and Tactics: How to Choose the Best Option for Your Company

Looking to inject ideation into your company’s innovation process, but not sure where to start? This is the blog you’ve been searching for… As French author Victor Hugo famously wrote, “Nothing is more powerful than an idea whose time has come.” These words ring especially true in the business world, where a single idea can mean the difference between success...

Why Innovation Management is Important for Your Company – 3 Strategic Reasons

“Innovate or stagnate.” It’s a stark choice that businesses across all sectors must confront daily. Although many decision makers at large companies recognize the importance of innovation, most fail to implement it in a strategic, consistent, and effective way. A recent study by McKinsey & Company found that 84% of executives agreed innovation was important for their growth strategy, but...

Innovate, Adapt, Overcome: How to Beat a Recession with Idea Management & Continuous Improvement

In the precarious economic climate, a global recession is an ever-present danger. However, by developing an innovation strategy that anticipates a downturn, you can help your enterprise weather the storm and even uncover lucrative ways to gain a competitive edge. Read on to discover how you can transform a recession into a rejuvenation. Given the devastating impact of the 2007-08...

Eliminating Uncertainty: How to Manage Innovation Risk in 3 Easy Steps

Herman Kahn – futurist, author, and inspiration for Stanley Kubrick’s “Dr Strangelove” – once described risk taking as “the essence of innovation”. It’s a fair assessment. Afterall, innovation often means abandoning an old, well-established practice in favour of something potentially greater, but less predictable. Business leaders are thus faced with a challenge – discovering a way to achieve disruptive innovation...

What is Total Innovation Management? Achieving Excellence from Idea Generation to Implementation

To maximize the ROI of your innovation initiatives, it’s vital to gain input from as many sources as possible and ensure all departments take part in a culture of ideation. In this article, we explore the concept of Total Innovation Management (TIM) and how you can leverage it at your enterprise.  One of the most famous fables from India is...

Building the Hype: 4 Communication Best Practices for Innovation Management

The great Irish playwright George Bernard Shaw once said, “the single biggest problem with communication is the illusion that it has taken place.” Too often, leaders in the corporate sphere assume that once a new project – such as the implementation of an innovation management platform – is announced, users will naturally ‘get the message’ and adopt it as a...

Game Changers: How Citizen Science and Gamification Are Transforming the Business World

The acclaimed educational reformer John Dewey once said, “every great advance in science has issued from a new audacity of imagination”. Today, this audacity is reflected in the rising influence of citizen driven innovation and science – that is, the collaboration of volunteer non-scientists with professional scientists in collecting data and analyzing it to resolve real-world issues. The citizen science...

Adding Eye Candy: 4 Visual Best Practices to Boost Engagement on Your Idea Generation Platform

The great Israeli artist Yaacov Agam once said “while the verbal can separate, the visual is understood by everyone.” The same principle holds true when it comes to boosting user engagement on your idea generation platform. Implementing sleek, eye-catching visuals wherever possible will help attract user attention and encourage more participation. By leveraging profile pictures, idea images, gamification badges, and...

The Innovation Hotline: How Colruyt Group is Championing Intrapreneurship with Collaborative Idea Generation

Often times, the most successful and innovative companies stem from the humblest of origins. Colruyt Group is a great case in point. Its rapid expansion from a small, family-run wholesale goods business in 1928 into a multinational conglomerate with 30,000 employees, can be attributed in part to the creative – and ingenious – ways it has crowdsourced ideas from employees....

The Winning Formula for Financial Process Improvement – How TSYS is Defining the Future of Fintech

There has never been a more critical time for financial firms to prioritize innovation. Rapidly changing customer behaviours, disruptive digital technologies, and the emergence of agile fintech start-ups means that disruption is an ever-present danger. To counter these challenges, companies are increasingly focused on creating a culture of innovation to achieve financial process improvement. Total Systems Services (TSYS) – a...

5 Corporate Innovation Trends of 2019 Set to Disrupt the Business Landscape in 2020

2020 is shaping up to be a truly generation-defining year across the spectrum – from politics, to sport, to science and beyond. I mean, we’ve got the U.S presidential elections, the Tokyo Olympics, NASA’s Mars rover mission, and even the completion of the world’s tallest building – a cavalcade of truly colossal events crammed into 12 months. What’s more, the...

How One of the World’s Largest Wineries is Fermenting Groundbreaking New Ideas with Qmarkets

Not so long ago, an Innovation Strategy Manager at a major vineyard was tasked with finding an efficient system for streamlining ideation. This system would need to be used to overcome departmental communication barriers, as well as drive the innovation that would help protect the company from wine industry disruption. The solution came in the form of an employee innovation...

5 Innovation Best Practices for Launching Your Idea Management System – Qmarkets’ Head of Customer Success Shares Her Insights

Innovation Exploration – Unlocking Potential in Uncharted Territory The great American oceanographer Edith Widder once said: “Exploration is the engine that drives innovation, and Innovation drives economic growth… So let’s all go exploring.” ? Of course, exploring unfamiliar territory – Edith herself participated in over 250 deep-sea dives– can often be a daunting proposition. However, with the right toolkit, training,...

Keep the Ball Rolling: 4 Continuous Improvement Methods for Long-Term Business Success

The 2019 Summer of Sports has finally arrived, with the Cricket World Cup in full swing, the FIFA Women’s World Cup just beginning, and a plethora of other major global competitions on the horizon. In these elite matches where victory can often be decided by a difference in millimeters or milliseconds, the power of continuous improvement—or ‘incremental innovation’ as it’s...

What Is Innovation Management? – Your Top 7 Innovation FAQs Answered

“Eureka!” We’ve all heard this famous ancient Greek term for “I’ve found it”. But how did it enter common parlance? The story goes that in the third century BC, the king of Syracuse ordered that Archimedes – the famous Greek inventor – find a way to determine whether his crown was made entirely out of pure gold, or whether he...

How to Overcome Employee Engagement Barriers With a Continuous Improvement Program

As one of Qmarkets’ strategic partners, Above + Beyond (A+B) provides specialized management consulting services to companies across North America, including the leading payment solutions provider TSYS. In this Expert Spotlight piece, Sebastian Apelt – Managing Partner at A+B – shares how this innovative project has led to some remarkable results for all parties. The Danger of Employee Disengagement According...

Titans of Transformation: 5 Outstanding Examples of Innovation in Business

When it comes to disruption on the modern business landscape, company size is no safeguard. 88% of Fortune 500 companies in the 1955 -2017 period  have either gone bankrupt, merged with other firms, or dropped off the list for other reasons. What’s more, it’s estimated that digital disruption will wipe out 40%  of today’s Fortune 500 companies in the coming decade....

The Pirate Approach to Creativity and Innovation in Leadership: Create Value for Your Enterprise with a Buccaneer Mindset

There’s a reason why “the pirate” has proven to be an enduring romantic figure for centuries now. It’s hard not to regard the swashbuckling, rebellious, go-where-the-wind-takes-you approach to life without some sense of envy, particularly if you’re stuck in an office. However, the good news is that there are a few attributes of the privateer persona that can and should...

4 Ways to Beat Innovation Management Anxiety – How to Get Past the Fear and Find Your Next Big Idea!

The philosopher Aristotle diagnosed fear as ‘pain arising from the anticipation of evil’. Over 2000 years later, C-suite executives at major companies the world over are certainly feeling this specific pain when it comes to innovation. Many anticipate the possibility of leaping towards news heights, only to plummet down to unknown depths…. However, it doesn’t have to be this way....

5 Innovation Trends of 2018 that will Disrupt the Corporate Landscape in 2019

2018 has very much been a year of “epic partnerships”. The Avengers teamed up with the squad from Guardians of the Galaxy to face down Thanos. Prince Harry finally tied the knot with Meghan Markle. Even North and South Korea walked under a united banner at the Winter Olympics.Things have been no less epic on the corporate innovation front. Companies...

Beating Complexity with Flexibility: Corporate Innovation Insights and Inspiration with Dan Toma

How can global companies overcome major innovation challenges? Qmarkets interviewed Dan Toma – influential speaker, entrepreneur, and co-author of the award-winning book The Corporate Startup – to gain his unique perspective on ideation, business transformation, and the current innovation climate. Qmarkets: On the modern business landscape, “Innovation” is an area which is often associated with jargon and  buzzwords. As someone whose ear...

Bringing Your A-Game: What Game Theory Can Teach Us About Innovation Management

If you were one of the approximately 3-4 billion people who tuned into the world cup last year, chances are that work took a backseat to football on more than one occasion… However, don’t start feeling guilty just yet. Beneath the excitement and panoply of the world cup lies a broad range of core mechanisms and mathematical formulae that are...

The Innovation Instinct: Inventions Inspired by Nature

Nature has long inspired visionaries to look beyond existing ways of living and thinking. Many notable engineers, architects, designers, and other creators have discovered unique adaptations between a species and its environment, and applied these insights to drive innovation across a huge variety of inventions, products, services, and industries. Known as biomimicry, or biomimetics, the concept is simple. It recognizes...

Learning from Catastrophe, or Dying from it: The Value of the Business Failure Case Study

We frequently talk about how innovation is a crucial necessity for your enterprise company, and how the right innovation can be the difference between setting the market standards and being shunted aside as a new market leader makes the rules. We also frequently hear about the great innovation successes: Tesla, SpaceX, Uber, Amazon, and even the classic innovation failures, like...

Managing Change and Innovation: The Past, Present, and Future of 180° Business Transformations

With so much disruptive innovation happening so fast, it has become less and less rare for companies to be formed around a service or product that defines them for their lifetime. In almost every industry, the possibility of pivoting or even shifting the entire business model has become more real and mainstream. As increased consumer awareness transforms markets and government...

Crowdsourcing and Smart City Innovation: A Winning Combination

The evolving trend of smart city innovation is one that governments should be wholeheartedly embracing, but as with many government initiatives, seems to be having a hard time getting off the ground. Embedding crowdsourcing and innovation management into the smart cities initiative could be what makes the difference. At first glance, the term “smart government” appears to be oxymoronic. And...

Innovating HR: How Hackathons Foster Organizational Change

As an enterprise scales and its culture solidifies, it becomes increasingly challenging for innovation and creativity to flourish. That’s why we see a growing number of coworking spaces and accelerator programs, as part of a collective effort to figure out what we’ve all been wondering when it comes to 21st century business: Can companies be both large-scale and agile? Speed...

How Israel’s Oldest Bank Is Engaging Employees to Become a Leader in Banking Innovation

In 2013, Bank Leumi embarked on a journey to make innovation one of its prime strategic goals. In order to achieve this goal, the Bank undertook an initiative to change their corporate culture, so every employee would see innovation as part of their daily work; an aim they should constantly aspire to. As part of the new corporate strategy, Leumi...

Choosing the Digital Transformation Strategy that is Best for Your Company

In one of the Sherlock Holmes stories, Dr. Watson remarks about a client and how attractive she is. “Is she?” says the detective. “I didn’t notice.” In response to his partner’s quip that he really is a human automaton – lacking of emotion – Holmes replies that he is taking emotion out the equation, since it might compromise his detective...

Innovation SOP: Using Hackathons to Advance Digital Transformation

Qmarkets’ Innovation Standard Operating Procedures (SOP): In this series, we will present different guidelines on how to bring innovation theory to practice. Most companies already know that a digital transformation hackathon is a useful tool for gathering ideas, but companies need to know how to do this right. This week, we look at how companies can use hackathons not as...

Innovation SOP: Overcoming the Hurdles of Innovation in Digital Transformation

Welcome back to Qmarkets’ Innovation Standard Operating Procedures (SOP): In this series, we will present different guidelines on how to bring innovation theory to practice. Digital Transformation is something that everyone needs to do, but is not always carried out properly, for a number of very different reason. This week, we take a look at the obstacles standing in the...

Innovation SOP: Tips for Today’s Leaders on How to Launch Successful Employee Innovation Programs

Qmarkets’ Innovation Standard Operating Procedures (SOP): In this series, we will present different guidelines on how to bring innovation theory to practice. Many times, trying to launch successful employee innovation programs at your company can entail encountering many pitfalls and stumbling blocks, as illustrated in this example from the Harvard Business Review. This week, we take a look at how...

How to Build the Ultimate Crowdsourcing Platform: Qmarkets’ New VP of Product Discusses Creativity and Innovation Management

Sivan Leshem joined Qmarkets in 2011 as a project manager, before going on to manage the product delivery department during a period which would see Qmarkets grow into a leader within the idea management market. Most recently Sivan has stepped into the role of Vice President of Product. We sat down with her to discuss her experience at Qmarkets, creativity...

How the Israel Securities Authority is Engaging Employees to Boost Innovation

Yael Weiss Efron is an Innovation Manager at the Israel Securities Authority (ISA). Earlier in 2017, the ISA approached Qmarkets regarding the implementation of Qmarkets’ platform in order to run an idea and innovation management program. Following the successful launch of the program and its advancement to the next stages, we sat down with Yael in order to discuss the ISA...

The EA Error (How Neglecting Customer-Centric Innovation Can Spell Disaster)

A Problem, there Is… In late 2017, video game company EA was in the final stages of releasing a long-anticipated game, Star Wars Battlefront II. One player was surprised to discover that it would take a total of 40 hours of gameplay to unlock just one of the main characters (such as arch-villain Darth Vader or ultimate hero Luke Skywalker) which...

When Disruption Becomes Destructive: How Can Financial Services Companies Close the Innovation Gap?

The financial services ecosystem is going through its most profound transformation since the invention of ATMs some fifty years ago. Small, fast-moving start-ups are revolutionizing the global landscape with creative market-responsive solutions that are becoming increasingly accepted and utilized. Given the highly fluid nature of the digital marketplace, and the accessibility and timeliness of these offerings, pundits predict that this...

Disruptive Innovations Highlight a Specific Dilemma for Legacy Financial Institutions

The innovator’s dilemma, across industries, is that in order to become great, a company has to do many things right. It must listen to its customers, direct its investments to the highest-return opportunities, improve the quality of its products, manage its relationships with suppliers, correctly assess and cope with competitive threats, all amongst many other time and resource consuming activities....

How to Create and Scale an Employee-Centric Company Culture to Increase Profitability

The Pandemic of Engagement Employee engagement is a powerful predictor of business growth, productivity, and efficiency. In a study carried out by Canada’s Queens School of Business, data shows that organizations with the most engaged employees accomplish “65% greater share-price increase, 26% less employee turnover, 20% less absenteeism, 15% greater employee productivity, and up to 30% greater customer satisfaction levels.”...

Innovation Interview: Qmarkets’ CEO Appears on Leading ‘Tech-Talk’ Podcast

Noam Danon – founder and CEO of Qmarkets – recently appeared on an episode of the critically-acclaimed “Tech Talks Daily” podcast – hosted by renowned tech columnist and author Neil C. Hughes. Noam was the latest guest in a long line of illustrious CEOs, experts, academics, and even celebrities who have appeared on the podcast throughout its 342-episode history. Incidentally,...

Innovation SOP: Does Effective Leadership Lead to Effective Crowdsourcing?

Qmarkets’ Innovation Standard Operating Procedures (SOP): In this series, we will present different guidelines on how to bring innovation theory to practice. This week, we take a look at Innovation Leadership – how has the role of the Chief Information Officer (CIO) evolved into the Chief Innovation Officer (CINO), and how important is leadership in the age of crowdsourcing anyway? The ongoing...

Innovation SOP: How Chief Innovation Officers Can Develop Trust Between Work Teams

Qmarkets’ Innovation Standard Operating Procedures (SOP): In this series, we will present different guidelines on how to bring innovation theory to practice. This week, we take a look at Trust Development – how to successfully develop trust among your employees, and why this should be one of the primary chief innovation officer responsibilities. One of the biggest factors for successful...

Total’s Open Innovation Journey – How Partnership with Qmarkets Upgraded its Approachability and Accessibility

When Total, a global energy company that serves more than 4 million end-customers per day, was looking for a new Open Innovation (OI) solution in 2015, they turned to Morgan Ohayon, who became instrumental in choosing and implementing the Qmarkets innovation platform at both the company-wide and business-unit levels. Actively operating in more than 130 countries, Total is the world’s 4th...

Innovation SOP: Driving Corporate Innovation by Bettering Employee Engagement

Welcome to Qmarkets’ Innovation Standard Operating Procedures (SOP): In this series, we will present different guidelines on how to bring innovation theory to practice. This week, we take a look at innovative employee engagement practices – the benefits of harnessing staff expertise for innovation and how to successfully create culture that supports this. An organization’s employees are vital components in...

Keeping Score: What’s the Right Innovation Scoring Method for Your Ideation Campaign?

When running an idea management campaign, one of the most crucial steps is the expert evaluation stage. Without properly scoring the relevant ideas, focus may be put on ideas which are either impractical or which require too many resources to develop, instead of on ideas which can provide a positive ROI. The question that arises when I discuss this with my clients...

Qmarkets & Amer Sports – An Innovative Partnership that Created Unprecedented Blue Collar Employee Engagement

From mobile innovation solutions to analog internal marketing, gamification, and employee meeting spaces, read our case study to learn all about Amer Sports’ approach to innovation today. Who Are Amer Sports? Amer Sports is a large, international, Nasdaq-Helsinki-listed sporting goods company with both B2B and B2C focus in 34 countries. Founded in 1950, with origins and history in several industries, Amer...

Process Improvement and Sustainability Principles at Ford, ESB, and Solvay

Whether it’s air pollution, water pollution, or even climate change, the major sustainability issues facing the world and its citizens are topics that every business should feel a sense of ownership and responsibility towards resolving. And with global warming showing no signs of abating (last year was the hottest since 1880 according to data from NASA and NOAA, and this...

Your Employees Want to be Heard. Are you Listening?

The modern generation has bred a new and unusual workforce. Today, the ever-connected millennial expects to be an active influencer in every aspect of life. From reviewing products to circadian social media interactions with friends, the modern person has a voice, and they demand it to be heard. This notion has trickled into the workplace – employees want to be...

Why Your Company Needs To Forget the Past in Order to Create a Brighter Future

How Kodak Failed To Navigate Digital Disruption In Spite Of Investing In It When thinking about the challenges of disruptive innovation – one of the most commonly cited examples is Kodak’s failure to capitalize on it’s dominance during the shift from analogue to digital. However, common assessments of why Kodak failed are quite one-dimensional. They fail to touch on the real...

Bridging the Gap between Large Corporate Innovation Centers and Small Design Teams

Innovation centers have captured significant attention in recent years for their role as formalized institutions for driving innovation within large businesses. Digital design teams are their natural counterpart, driving innovation on a more personal level. They are almost a perfect match, but there are some large differences between the two. How can you bridge the gap, using them both in unison? Devised as...

The Remarkable Benefits of Digital Brainstorming

In order to create innovative ideas, Alex Osborne suggested that a group of people should engage in a "brainstorm", i.e. "using the brain to storm a creative problem—and doing so in commando fashion, with each stormer attacking the same objective." This simple technique quickly became extremely popular and widely used in creative agencies and innovation teams up until today. There is,...

How Swiss Post’s Employee Innovation Program Achieved Award-Winning Results with Qmarkets

Lorenz Wyss, head of ideation at Swiss Post and the recent recipient of a prestigious international idea management award, talks about the major transformation efforts the 60,000-strong company has undertaken, and how Qmarkets’ innovation platform has helped manage and guide the process.  Swiss Post is a diversified group with five main subsidiaries – PostMail, PostLogistics, Swiss Post Solutions, PostFinance and...

Solving the Problems of Government CIO Citizen Engagement

The concept of “Digital Transformation” has been gaining steam in the business world over the last few years, as the benefits of facilitating digital business communication within large organizations are abundantly clear. However, in the world of governance, the move towards digital engagement for the purpose of civic innovation has been much more gradual. Now it looks like things might...

A New Way of Thinking About the Automotive Industry

Over the last couple of decades, Silicon Valley has been responsible for inventing and reinventing all kinds of gadgets and technologies: the music player, the phone, the watch, the TV and the computer itself. Recent trends suggest that the automotive industry might be next on Silicon Valley’s disruption list. Besides a surge of auto tech startups and Tesla’s success, Silicon...

Top 7 Business Innovation Trends for 2017

Companies need to use fresh thinking and innovation to boost their business growth. Plus, they can utilize suitable B2B software solutions such as CRM, project management, collaboration software etc. to enhance efficiency and productivity. To select the right system for your needs, you can read the in-depth reviews of software products in a reputable SaaS directory. In this article, we...

The Importance of Casting a Wide Net in Corporate Open Innovation

Dr. Bornhofen is a practitioner-scholar who has a passion for helping organizations adopt change, act on new ideas, and grow through innovation. His Doctorate degree (2012) in Management focused learning in the areas of organizational change, leadership theory, and strategy. Read on to discover innovation best practices from Robert’s experience working at a range of renowned companies, including Citibank, Delta...

How Dallas is Blossoming Into the Most Innovative City in the South

With almost 1.3 million residents, Dallas is in fact home to more than 40,000 newly started businesses every year, boasting nine accelerator programs and 11 incubators within its municipal limits. However, Dallas is also home to over 20 innovative Fortune 500 companies, including Exon, Wal-Mart, and AT&T, with giants Toyota and FedEx also moving their corporate headquarters to the area...

Don’t WannaCry: How to Improve Innovation Management Security to Prevent Cyberattacks

As we saw all over the news, the past weekend, a hacker group released a ransomware virus, which has become known as WannaCry. The attack infected 200,000 victims in over 150 countries. Large organizations which were hit include FedEx, Telefonica, Renault, and the Russian Government. Could this nightmare pose a threat to your innovation management security? Users who were infected...

How Qmarkets Partnered with NHS to Create the Most Sophisticated Healthcare Innovation Exchange Platform in the UK

Tammy Holmes, Innovation and Adoption Programme Manager for the West Midlands Academic Health Science Network (WMAHSN), talks about the changes in the healthcare industry in England, the challenges in implementing innovation, and how Qmarkets’ idea management platform has helped the WMAHSN effectively manage and implement evidence-based innovations to improve health and create wealth. The West Midlands Academic Health Science Network...

Streamlining Success – How Continuous and Disruptive Innovation Examples Can Inform Business Transformation

Sometimes it seems like organizations, even large enterprises, live and die by their ability to implement innovations that completely redraw the market landscape, putting them at the forefront. But do these disruptive innovation examples reflect the strategy that all companies should adopt? Uber’s fleet of self-driving cars had barely been on the road a month this March when a vehicle in...

Successfully Merging Innovation Theory and Practice in your Program

Eric Gabas-Varini is the Partner and Co-Founder of Innovation Framework Technologies, a consulting firm which was founded in Paris, but has since established regional offices in the United States, South Korea & Japan, with a network of associate offices in Latin America and the Middle East. With a strong background in R&D, Eric now uses his expertise to help leading...

How to turn a Multinational Automotive-Finance Company into an Innovation Powerhouse

With over 3,100 employees in 36 subsidiaries, RCI Bank and Services is a multinational finance company which is focused on delivering innovative services to customers of the Renault and Nissan automotive groups. We sat down with Jean-Philippe Mathes, Innovation Lab Director for RCI Bank and Services, to learn more about his experience managing the company’s innovation project utilizing Qmarkets’ idea management...

How RTE, Europe’s Biggest Transmission System Operator Implemented a Collaborative Innovation Lab

RTE is an energy and utility provider, France’s electricity transmission system operator, responsible for the operation, maintenance and development of the French high-voltage transmission system. Approximately 100,000 km long, the system is Europe’s largest. We sat down with Ronan Minvielle, Innovation Manager at RTE, to hear about RTE’s strategic innovation project, powered by Qmarkets. On April 26th, Ronan will be a guest speaker at our Paris...

Experimenting Your Way to Bolder Innovation

Colin Palombo, Managing Partner at Innovation Framework Technologies, explains how experimentation and innovation should work hand in hand to produce groundbreaking results. Amazon is one of the most innovative companies on the planet – launching successful, bold new products and services on a regular basis. From dominating online retail, Amazon has extended into areas as diverse as AWS cloud computing...

The 5 Ideation Archetypes – How You Can Benefit From Strategic Innovation Roles

In a perfect crowdsourcing world, a corporate executive will simply ask employees to suggest their best ideas and wait for the groundbreaking, ROI building, and fully-actionable ideas to roll in from all corners of the company. Every suggestion is easy to understand and build upon, all participate positively, and a new era of ideation descends upon your organization. . The reality,...

Crowdsourcing with the Competition: Rewarding Venture or Precarious Proposition?

Why your company needs to think about crowdsourcing with the competition… “Keep your friends close, and your enemies closer.” While not the original intent, many CEOs today would agree that this wisdom could be applied to relationships in the contemporary business world. Truly, the business world is getting smaller every day: drop shipping is giving the little guys an edge...

Make America Innovate Again – Digital Transformation, Citizen Participation, and Government Efficiency

As a general rule, we hold our governments to a higher standard than that which we hold private businesses and corporations to. Private sector businesses are expected to only look out for themselves, but the government is meant to look out for us. Why is it then that we’ve reversed the roles, castigating businesses for not showing involvement but accepting...

6 Powerful Methods for Creating a Culture of Innovation

Fostering an innovative environment in your organization can be key to growing your business and developing opportunities in ways you have not yet even considered. An Accenture study found that over 90% of executives believe that innovation is central to the long term success of their business strategy. Although  (benefits include employee satisfaction, new business streams and digital transformation), how...

3 of the Best Innovation Team Formulas and When to Ignore Them

You’ve heard this cliché many times before: innovation is all about people. Even if you’re an avid fan of artificial intelligence, you hardly expect robots replacing humans as innovators any time soon. And if you agree with another popular cliché, the one saying that innovation is a team sport, you will come to a natural conclusion that in order to...

5 Essential Skills for Every Innovation Leader

Innovation leaders are faced with a very tough challenge, charged with both driving leadership in the traditional corporate sense, but also with facilitating internal innovation, or intrapreneurship, among their subordinates. Canadian thought leader Lynn Sharatt defines innovation leadership as the “process of synthesizing leadership styles to influence employees to produce creative ideas and solutions to the problems that they encounter.”...

3 Corporate Digital Transformation Pitfalls, and How to Overcome Them

Creating change with digital transformation from within your company isn’t easy, but it’s the hardest things which are the ones worth doing. Corporate digital transformation is the path of the future, and if you’re going to embark on a digital transformation journey, you should do it right, from the very beginning. As iScoop put it, “Digital transformation is the profound...

Matching Crowdsourcing to Specific Stages of Business Model Innovation

I like to argue (for example, here) that one of the major reasons crowdsourcing has not yet become a mainstream innovation tool is a paralyzing uncertainty over the question which technical or business problem can be successfully solved by using this approach. In this piece, I want to shed some light on the issue by proposing a simple model that...

How to Run the Ultimate Corporate Hackathon

Hackathons are on the rise, and many leading enterprise grade businesses now participating in these events on a regular basis as a way of quickly generating innovative results to difficult problems. Hackathons can take many forms, but usually involve an intensive series of brainstorming, collaboration, and evaluation sessions with the aim of answering or overcoming a specific challenge. “Hackathons are...

Think Your Company’s Pursuit of Innovation has Run its Course? Think Again…

For several years now, the pursuit of innovation has been established as one of the top priorities for senior leaders at large organizations. Don’t believe me? Take a look at these research reports from PwC, Deloitte, Forrester, and Gartner.  However, while many corporate leaders are eager to enter the race to innovate, the majority of them give up before they...

Can Crowdsourcing Support Your Operational Excellence Strategy?

Operational excellence is a business principle which is currently supported by a range of process management tools and methodologies, however, these approaches fail to utilize the most valuable resource at the disposal of all large organizations – their employees. This audience is already delivering results across a huge range of use cases, from disruptive innovation to new product development, so why is...

Can Crowdsourcing Help to Break Down the Biggest Obstacle in Market Research?

The Wall of Separation You can’t see it, but it’s there: a towering wall, stretching from horizon to horizon, that separates 90% of all workers from the customers that keep them in business. Since the dawn of the industrial revolution, right through to today, people who sell things plan and organize and execute their business inside closed organizations (they’re called...

Future-Proofing Financial Market Innovation – Fighting Digital Disruption with Digital Disruption

The term ‘Digital Disruption’ describes the situation where an existing industry is being altered by emerging digital technologies. These new technologies lead to innovations, often creating new markets and value markets that can impact the established leaders in the industry. Financial organizations of all shapes and sizes are being disrupted by small, agile, innovative and technology-oriented companies which offer convenient...

Qmarkets Invited to Present at the Lufthansa Group Business Innovation Forum V, 2016

Taking place on the 8th of November at the cutting edge Lufthansa Seeheim facility near Frankfurt, the Lufthansa Business Innovation Forum 2016 brought together over 80 senior representatives to recognize and promote innovative activity within Lufthansa Group. Qmarkets’ very own CEO and founder, Noam Danon, was joined in attendance by VP Marketing, Eran Tsur at this exclusive internal event in...

The Creative Process And How Idea Management Solutions Fit In

Hardly anybody still doubts that innovation is the biggest driving factor for success today. And most people know that innovation is more than just an idea. Innovation means having a new concept which is an answer for a need or a solution to a problem, and successfully transforming the idea into a solution which will lead to market success. But there are a lot of different...

Learning from German Idea and Innovation Management Best Practices

In my years of consulting and visiting companies I realized that many companies have differences in understanding and implementing an Innovation Management system. So here is a short description of the Idea and Innovation Management landscape in Germany, as well as some “insider tips” on how to make the most out of your idea & innovation initiative: The difference between Idea...

Qmarkets & Intesa Sanpaolo Card: Tailoring Innovation in the Financial Sector

Intesa Sanpaolo Card Intesa Sanpaolo Card is a provider of payment solutions, which was founded in 2009 as a member of one of the largest banking groups in Europe. The company is renowned for championing unique initiatives to drive innovation in the financial sector. With headquarters in Croatia and Slovenia, it services clients from the financial and banking sectors across...

The Secret Ingredient to Operational Excellence Success

Understanding Operational Excellence If there is one buzzword in business language today which is most guilty of confusing workers with its obfuscating fog of convoluted terminology, it would have to be Operational Excellence. The whirlwind of discussion surrounding this subject includes terms such as Performance Excellence, Business Process Management, Process Improvement, Economic Efficiency, and Incremental Innovation just to name a few… For...

Expert Q&A: Michael Stilger on Performance Excellence and the Continuous Improvement Process

Qmarkets’ SVP of Global Solutions, Michael Stilger, will be leading an innovation ideas session at the 2016 Business Performance Excellence summit, San Francisco, at 17:00 on the 27th of September. In anticipation of this event, we gave Michael the opportunity to share his thoughts on performance excellence, the continuous improvement process, and specifically what we can expect from Qmarkets at BPE 2016....

Majority Rules: Idea Evaluation Criteria & Voting Methods for Efficient Innovation Management

Continuing our series of posts from Qmarkets’ experts, Elio Boton,VP of R&D at Qmarkets, borrows from his experience in designing and implementing various voting methods into the Qmarkets innovation management platform to discuss voting – the importance of voting, how votes constitute an important set of idea evaluation criteria, why you need to implement voting into your Innovation Management platform,...

Who’s Afraid of Innovation Management? – How to take a small step towards innovation, and a giant leap for your company

With crowdsourced innovation now a proven profit maker – many companies are rushing to initiate innovation programs and deploy innovation management platforms. Despite the success of these systems, however, many senior managers are still wary of them. This post will offer a few tips to help you get started with your very first innovation management project. The journey of a thousand...

Aiming High: Qmarkets’ Innovation in R&D Journey Towards Improved Idea Management Solutions

Albert Einstein once said “Why is it I always get my best ideas while shaving?” Unfortunately this is one of the few conundrums which he was unable to provide an answer to, but if I had to theorize, I would posit that it is an issue of perspective. As we sometimes tell our clients at Qmarkets, the key to overcoming...

The Corporate Dilemma: Disruptive vs. Incremental Innovation

While taxi companies have come a long way over the years in improving service to their customers, nothing could compare to the radical change engendered by the introduction of Uber, a company which drastically changed the taxi industry almost overnight and captured a large market share. Is this model of disruptive innovation an innovation model which more companies should be striving to...

Delivering Innovation: 5 Insider Tips to Streamline your Innovation Software Implementation Process

Our experts talk innovation – Qmarkets’ employees discuss their personal experiences and provide tips and best practices for the successful deployment of Innovation Management systems: Some will say that there are no bad ideas, only bad adaptation from idea into reality. My name is Joel Ben Nescher, and I’m a Project Manager in the software delivery team at Qmarkets. During my time here at...

Swiss Post & Qmarkets – An Innovation Management Success Story

Qmarkets currently maintains successful deployments with over 200 customers across the globe, ranging from multinational fortune 500 companies such as Total, Nestle, and PMI, to high-tech SMEs such as Emergent Biosolutions, and Recaro. The Qmarkets team endeavors to ensure that all projects are successful, however sometimes this is easier said than done. This post will discuss a project which posed...

Brexit, Switzerland and Wind Turbines – The Difference Between Direct Democracy and Citizen Involvement

Are polls and public referendums on decisions affecting the future of a country actual portrayals of citizens being involved in the running of their country? The People Voted in June 2016, the United Kingdom held a public referendum, the United Kingdom European Union Membership Referendum. The referendum had but one question: “Should the United Kingdom remain a member of the...

Gartner Research Insights: 5 Innovation Hacks to Boost your Digital Return

Hackathons, internal innovation programs, open innovation, technology acquisitions…these days it seems like everyone is jumping onto the innovation bandwagon. However the popularity of business innovation techniques is equalled by the confusion surrounding them. How is innovation best performed? Can guidelines for innovation be created? Recently, Gartner released a presentation, “The 5 Most Effective, Least Used Digital Innovation Hacks”1 outlining the results of a survey performed, asking...

Hunting Innovation: Incorporating Tech Scouting & Corporate Venturing Into Your Internal Innovation Process

Acquiring a company is a common way to stay relevant in a quickly changing business world. While tech scouting is a crucial element in any large company’s ability to stay ahead, it is also an extremely challenging task requiring lots of skill, experience and a scouter’s honed intuition. Seeing an opportunity and seizing an opportunity are two different things: a successful...

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