12 Types of Innovation You Should Know in 2021
What are the different types of innovation? With so many types of innovation and even more definitions, it can be confusing to discuss innovation in your organization. It seems like [...]
How Crowdsourcing Can Enhance Innovation Performance
Crowdsourcing is becoming increasingly popular in today's business world. Defined by the Merriam-Webster dictionary as the practice of obtaining needed services, ideas, or content by soliciting contributions from a large [...]
How to Use Crowdsourcing in Your Digital Marketing Strategy
A new innovation in the digital marketing sphere is the idea of using crowdsourcing to generate or test marketing ideas. Up until this process, marketing, digital marketing and traditional marketing [...]
Balancing Data and the Human Element for Successful Innovation
Data can tell us a lot, but not everything. The numbers, so the saying goes, do not lie. The idea that cold, hard data tells us everything we need to [...]
The State of Innovation in the Financial Sector
Fintech funding is increasing. Just over a decade ago, we were spending a little over $5 Billion on financial technology – today we’re spending nearly $78 Billion. Why are we [...]
How is Open Innovation Different from Co-Creation?
When innovating, do you stick to what you know or the wider world? “Open innovation” and “co-creation” are words you hear a lot when building an innovation strategy, and they [...]
How To Build Your Innovation Team
Your team should be the people who want to be there. There is no innovation without a strong team. Every great idea had a string of brilliant minds behind it, [...]
My Approach to Customer Onboarding & Nurturing: Hospitality
Many of us have had the great pleasure of entertaining guests in our home. And we have various methods of engaging our guests during their visit. But regardless of your rituals [...]
Five Tips for Truly Opening Your Mind
Innovative thinking requires work. Here's where to start. Can you truly change the way you think? We all have “thinking patterns,” ways and methods we tend to approach problems that [...]
Creating Innovation Connections as the Customer Advocate
As the customer advocate, you work closely with employees to keep customers at the forefront of innovation. You want your employees to innovate with the customer in mind. Your team, [...]