Covid-19 business threat challenges
For Planbox clients, collaborative problem-solving through Online Innovation Labs is the go-to solution.
Leveraging the power of the crowd
Whether we like to admit it or not, the Covid-19 pandemic is having significant impacts on companies and individuals alike. Since the start of the outbreak, we’ve been thrust into a vicious circle of uncertainty where shutdown orders, physical distancing, employee absences and salary/budget cuts have dramatically increased, which in turn has dwindled engagement and delayed decision-making on the part of employees, customers, partners and suppliers.
Right now, one of the most widely talked-about practices to overcome these sudden setbacks is leveraging the power of the crowd to identify the best ideas and develop the best solutions for your organization’s most pressing challenges. This can be achieved by crowdsourcing your immediate network of employees, customers and partners, or by involving your broader ecosystem of startups, researchers and virtual networks of problem solvers.
Create mutually beneficial business outcomes
Building and maintaining meaningful engagement between different crowds will allow your organization to discover the best opportunities to focus on, identify emerging trends and threats, develop new solutions, and make more informed decisions that ultimately create mutually beneficial business outcomes in these turbulent times.
That’s why we put together a set of Challenge Focus Topics to support these outcomes in your organization as the coronavirus outbreak continues to evolve. Just as we shared them with our own community, we now want to share them with you to support your organization in its efforts to effectively develop winning solutions in response to any setbacks it may experience as a result of the pandemic. After all, collaborative problem solving is key, especially in times of uncertainty.
Don’t let physical distance get in the way: explore the open innovation solution Planbox customers quickly turned to to maintain participation, facilitate coordination and streamline meaningful engagement with employees, customers partners and suppliers around ideation initiatives in areas of advanced research, rapid prototyping and commercialization.
Innovation in response to current events
Challenge Focus Topic #1
The business outcome of this challenge is to find game changers, new inspirations and innovation opportunities that we had not thought about before based on current emerging trends.
Challenge Focus Topic #2
The business outcome of this challenge is to reduce short term costs during this current cycle, which likely has financial implications for the current year. This helps your company have a quick, proactive response and be in a strong position to ride out this cycle of uncertainty.
Challenge Focus Topic #3
The business outcome of this challenge is to assure the voice of your company’s customers is heard from the front line employees to the decision makers. Likely, your company is hearing an increase in customer concerns during this uncertainty, and this type of challenge can shorten the time between customer inquiry and effective response. The audience for this challenge would be anyone in your organization currently talking with customers on a regular basis.
Challenge Focus Topic #4
The business outcome of this challenge is to collaborate with the supply chain to adjust in the short-term to meet the change in demand. See how a multinational healthcare products manufacturer and services provider ran a successful innovation campaign around this focus topic and effectively avoided disruption in their supply chain. Learn More
Supporting each other during these crazy times
Challenge Focus Topic #5
Employees are suddenly forced to work from home, provide child care all day, maintain their household and continue to be productive at work. These are new experiences for everyone and likely employees are running into new problems which everyone can collaborate and resolve.
Lessons learned / Exposure risks
Challenge Focus Topic #6
The business outcome of this challenge is to capture what we’re learning in real time about risks and business continuity that are being exposed by this pandemic. We want to capture the lessons now, so we can make long-term changes once the crisis has passed.