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An Interview with esolva: How Small Scale Innovation Can Generate Large Scale Impact
Idea and innovation management is sometimes seen as the domain of large organizations with dedicated innovation departments and tens of thousands of employees…However what people don’t realize is that these company-wide projects will often start off as a small-scale innovation initiative involving just a single department. Then once results have been generated and a proof of concept is established, it becomes easy to justify further expansion.   On the other hand some small companies – with less than 250 employees – are flipping the script and using innovation management to help fuel company growth and expansion. As a company with only
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The Top 4 Innovation Culture Best Practices from the World’s Most Successful Companies
Today the world’s most innovative companies are also some of the most successful. This doesn’t come as much of a surprise, especially in the continuous waves of disruption we’re seeing. Innovation lends itself to success by provoking organizations to continuously push for improvement and...
4 Corporate Innovation Trends Set to Disrupt the Business Landscape in 2021
2020 was not what we expected, but nevertheless the old adage ‘out of adversity comes opportunity’ has never been more apt. The enormous pressure of the pandemic has caused irrevocable change, forcing organizations to adapt and innovate to survive. Yet in many cases it...
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 employee safety. In this exclusive interview, we sat down with Michiel Van Dam – DSO Architect at Enexis – to hear how the company has implemented a strategic approach to operational innovation, and embedded this across the varied divisions...
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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...
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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...
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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...
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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...
Why does digital transformation matter - vectors
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, and nonprofits – have adopted crowdsourcing as an innovation tool to help them address their most pressing business challenges. However, the practical adoption of crowdsourcing has been far from seamless. Why? Firstly, there is widespread, often completely paralyzing, uncertainty over which...
5 Corporate Innovation Tools and Tactics: How to Chose the Best Option for Your Company
Looking to take your company’s innovation endeavors to a whole new level – but are unsure what tools and strategies will get you there? This is the blog you’ve been searching for! It’s easy to appreciate just how crucial innovation is for evolving your...
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Why Innovation Management is Important – 3 Crucial Reasons to Adopt this Growth-Driving Practice
“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...
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