Best Practices

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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...

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...

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...

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...

Preparing for the New Paradigm – How a Digital & Disruptive Innovation Strategy Can Transform Your Business

At some point, digital disruption comes for every organization. While some companies might be flexible and lucky enough to ride a wave of disruption and survive, if you are able to predict and prepare for it accordingly you might be able to use it to thrive. Unless well planned and executed, digital disruption – the inevitable deluge of new tools and...

Successfully Merging Theory and Practice in your Innovation 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...

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...

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...
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