Innovation Management Platform
From Creative Ideas to Winning Projects
Download Our Innovation Strategy Playbook
Innovation is not something that happens on its own. Ideas have to be generated based on new insights and information, ideas have to be evaluated and approved using business rules and workflows, and strategies and plans have to be nurtured and managed in a way that creates the best ingredients for moving your organization forward.
In a company setting, the innovation management process does not only involve collecting, managing, developing and implementing the ideas and strategies themselves, it also includes convincing stakeholders that these changes are advantageous for everyone. In many cases, innovation will also involve changing the company’s culture and employee engagement models.
Innovation is a process
Innovation is not a one-time change, but an ongoing set of systems and processes. The results of your innovation program will not only depend on your idea and solution pipeline, but also on how well you are able to manage, develop and implement those ideas while making the right innovation investments. If you can do this, then your organization will reap the maximum benefit from this initiative. Ultimately, it is only measurable benefits that will conclusively prove whether your innovation program is a “winner” or a “loser”.
A blueprint for innovation
Planbox has published an Innovation Management Process Playbook that covers the entire life cycle of an innovative idea. This guide touches on everything from ideas and their development to implementation and creating an agile work innovation environment so that your organization can more effectively respond to new challenges in your industry and market.
More importantly, the guide includes ways to motivate employees and stakeholders to become engaged and involved in the process, and to ensure that the goals and focus areas for your investments are clearly communicated to all innovation management team members and participants.
So often, employees and organization members disengage and lose motivation when they do not feel involved in the innovation process (like it is something that is happening to them, not something that they can actively participate in). Planbox helps the innovation team and challenge owners take “ownership” of the process so that the activities not only lead to more engagement but also molds its way into your company culture so that everyone is fully invested in your innovation efforts. To this end, the Innovation Management Process Playbook includes advice about how to gamify the innovation process in order to bring about a higher level of engagement.
[contact-form-7 id=”24269″ title=”Innovation Management Platform-Bloom”]
Make the most of your “investment”
This Planbox guide will help you see the innovation management process for what it is: investing in a system of record for innovation and applying a step by step approach to managing your innovation investments in terms of time, resources and skills.
Continuous innovation will have a major impact on how your organization runs its day-to-day operations and how its culture develops. It will provide opportunities to renew your relationships, not only with employees and stakeholders, but also with customers, business partners, and your community as a whole.
A practical guide
The playbook features a step by step hands-on blueprint to get starts with innovation management. It presents with the most common scenarios and provides you with a practical set of steps to achieve your goals. You will face challenges as you change and improve your innovation management processes. This is why we cover strategies to deal with the most common obstacles in our guide.
- Challenges could come in many forms. For example:
- Too many ideas or no new ideas at all from engaged employees and other participants
- Stakeholders concerned about getting a return on investment and potential execution risks
- Team members and those who feel that the status quo is working just fine, so why change?
For Planbox, these challenges are part of the innovation process, and you should expect to have to overcome such obstacles along the way. This is why the Playbook includes insights about how to deal with such potential setbacks and how to respond to the common criticisms that innovation management teams are often confronted with.
The nuts and bolts
Innovation management can seem glamorous once you have successfully made the changes to your organization and you are recognized in your industry and market as an innovative company. Of course, once you have reached this point, you will realize that a lot of careful planning and effort went on “behind the scenes” to bring your organization across the finish line.
The playbook details these behind-the-scenes efforts. It covers the “nuts and bolts” aspects of the innovation management process, such as setting up and operating an “idea screening” system to evaluate employee input in the innovation process and establishing and running a workflow engine that can adapt to your business rules, to manage and centralize all of the different activities that are a part of the innovation management process.
The guide also touches on simple aspects of the process like innovation activity management and the need for various event-driven and time-based notifications.
Insights from experienced experts
Planbox is a leader when it comes to providing innovation management solutions that can lead to continuous improvement as well as transformative changes. As you will see in the Innovation Management Process Playbook, a holistic approach improves creativity and engagement throughout the entire organization. Much of the advice in this guide is scalable so it can be used by organizations and companies of any size.
“Planbox’s platform has transformed the way that Verizon collects, prioritizes and implements employee ideas. VZ has realized more than $25M in business benefits from employee innovations”
Bill Ruhl, Director – CMI Excellence and Marketplace Intelligence Verizon
Focus on the best opportunities offering the greatest potential
Planbox’s Innovation management platform gives you the capability to develop a unique process that constantly adapts to your innovation objectives, fits to your operational realities,fully supports your business goals and delivers superior results.
Adaptive event-based rule engine
Drive idea development based on your rules and requirements with zero customization
Connect the Dots Reporting
Capitalize on reports that lead to actionable analysis in real time.
Full Multi-Community Support
Manage multiple communities from a single platform: Innovate your way.