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Innovation

4 Ways Innovation Can Increase Business Revenue

In a recent study, researchers looked at different businesses and saw that the more the employees generated innovative ideas that management was likely to adopt, the higher the probability was that said company would grow its profits annually. At the

The Wisdom of Crowds

It only took me six years as a crowdsourcing practitioner, but I finally got around to reading “The Wisdom of Crowds,” one of the flagship books in our industry. It provided for powerful reflection on what we’re doing right, and

5 Tech Issues That Can Slow Down Innovation

In our minds, technology and innovation are interconnected.  However, for every technological advancement, there seems to be a learning curve or adjustment period as we try to figure out how to implement automation into our daily lives. Sometimes the problem

Crowdsourced Innovation: Three Things I Learned

The three things I learned about crowdsourced innovation are: Innovation is required to be competitive, creating a concrete innovation system helps firms get ahead, and the hardest aspects of crowdsourced innovation are participation and accountability.

How to Identify Leaders among Your Staff

Innovation can’t thrive without leadership. Innovation leadership is emerging as a primary need of today’s businesses. It isn’t enough to have an outstanding leadership team today. You have to think ahead to the leaders your organization will have in the

What Role Does Practicality Play in Innovation?

Innovation is not just an endless succession of blue-sky concepts. In fact, if you think about it, innovations quite often make the practical aspects of life better. Banking from your phone is one example of innovation with practical results. While innovations

New Podcast Series to Highlight Real-Life Innovation Stories

Podcasts themselves are examples of innovation, bringing together compressed audio, RSS feeds, and mobile listening devices into a medium that was born on the internet. So it’s no surprise that IdeaScale has tapped into this innovative medium for its new

Key Takeaways from April’s Open Innovation Summit

The Open Innovation Summit is all about expanding innovation beyond a small committee or a lab in the building to your entire organization. Just like any other scaling project, taking innovation company-wide can come with unexpected obstacles. Ideascale's Jessica Day attended

Motivate to Innovate: How?

Engagement is a challenge even in the most innovative companies. Bringing in stakeholders across the board will take more than just a welcome email and a few meetings. Here's how to gear your company for innovation, to motivate to innovate,

Why Perfectionism Stifles Innovation

Striving for excellence is not the same thing as demanding perfection. Striving for excellence opens up possibilities while demanding perfection attempts to carve outcomes in stone. It’s easy to see how perfectionism can stifle an innovation strategy and constrain people

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IdeaScale is an innovation management solution that inspires people to take action on their ideas. Your community’s ideas can change lives, your business and the world. Connect to the ideas that matter and start co-creating the future.

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