Wilmington, Delaware — Last quarter didn’t bring on the kind of changes many organizations had hoped for, as covid measures continue to disrupt communities, supply chains, and the nature of work globally. Uncertainty about what the future holds is hindering growth on a global scale, which is why Planbox has been working closely with its customers to drive future-fit practices at a time when they’re needed most.
“By 2030, Forrester predicts that a new set of leaders will emerge who will take customer obsession into the future. These leaders will be future fit, driving strategies that are adaptive, creative, and resilient. They will help their organisations excel in technology innovation, make big bets on new business models, new talent, and new ways of working, and be more adaptive and resilient to the disruptive forces that will characterise the 2020s.” – Forrester blogs, Seize The Moment To Become A Future Fit Tech Leader, Phil Brunkard, February 2021
According to Forrester’s Q3 2020 North American Future Fit Technology Survey, companies that are future-fit deliver revenue growth at 2.7 times the industry average. With the launch of its Center of Excellence (CoE), Planbox has been a strategic enabler of growth for its customers by providing a self-service innovation management system that reinforces future-fit practices to support company-wide adaptivity, creativity, and resilience. As a result, CoE is helping Planbox clients discover and collaborate on game-changing opportunities with their community of stakeholders and partners to take better control of their future.
Here are some highlights and customer love notes from this quarter:
Operational Highlights
- Selected by the Portuguese Navy to build a cocreation ecosystem.
- Selected by Electrolux Professional to facilitate creative collaboration.
- Selected by Anglo American to create a culture of innovation.
- Released an overview report of The Forrester Wave™: Innovation Management Platforms, Q1 2020. In the Wave evaluation, Planbox was recognized as a Leader, receiving the highest scores in the strategy and current offering categories.
“Planbox is the kind of platform that we want with us on a daily basis, providing us with the necessary resources and tools to achieve our goals and further develop our innovation program,” said Pedro Mendes, Head of Innovation Division, Portuguese Naval Staff.
Product Highlights
- Launched the Innovation Center of Excellence Platform, a centralized self-service innovation management system to plan, manage, track, and report on innovation practices, processes, activities, and pipeline.
- Launched the Real-time Collaborative Canvas, a strategic management tool used to quickly define, collaborate on, and develop a business idea or concept.
“Planbox is helping to amplify creative thinking throughout the company, while also providing the necessary tools to manage our entire innovation pipeline,” said Michele Cadamuro, Director of Design & Innovation at Electrolux Professional.
Customer Success Highlights
- Helped Anglo American inspire creativity and empower cocreation between employees and various business units to realize game-changing innovations.
- Helped Novartis’ Genesis Labs accelerate innovation and nurture cocreation by “unbossing” teams.
“Planbox is up to the task of being the platform for Anglo American Brazil and it is helping us improve collaboration among our teams,” said Hamilton Oliveira, Business Improvement and Innovation Interim Manager at Anglo American Brazil.
Other Key Highlights
- Released a research report on Developing Innovation Metrics and Reports, in which 196 innovation professionals were surveyed to shed light on how large companies are creating metrics and reporting approaches that work well.
- Presented a Master Class on Measuring Innovation Objects & Key Results, which looks at best practices and research-based insights for measuring the innovation process and strategically aligning the program with desired outcomes.
- Released the Study of Product Team Performance: 2021 Pandemic Edition. The study looks at the impact the global crisis has had on collaboration, and reveals key insights on where leaders are focusing their innovation efforts and investments.
- Held a webinar on The Next Paradigm Shift: From Agile to Future-Fit. This session explored the values and principles of the Future-Fit Manifesto, and how this forward-looking declaration can be used to proactively shape the future of an organization.
- Launched a community challenge in honor of Internal Women’s Day 2021; a donation was made to women’s charities of Planbox’s choosing for every idea and comment received throughout the duration of the event.
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About Planbox
Planbox is the pioneering agile innovation management platform software provider for full lifecycle Innovation Portfolio Management, Emerging Tech Empowerment and Ecosystem Enablement.
As the most robust and scalable platform on the market, we empower our clients to discover, collaborate and capitalize on the best strategically aligned concepts with their ecosystem of employees, customers, suppliers, partners, startups, academia, government and the general public to pursue breakthrough innovations, create a sustainable continuous improvement program, build a framework for corporate venturing and action on consumer insights.
With over 20 years of domain expertise, 400 enterprise deployments, 5M participants and $10B of realized ROI for customers, Planbox’s AI-powered cloud-based agile innovation solutions accelerate business outcomes for some of the world’s most recognized brands, including Whirlpool, Dow, Novartis, ExxonMobil, Cargill, Bobcat, Honeywell and Sun Life.
In 2020, Planbox acquired IdeaConnection, the best-in-class open innovation platform and expert solver network. IdeaConnection by Planbox provides access to millions of diverse and brilliant minds and a global network of 20,000+ multidisciplinary experts and world-class facilitators in more than 180 countries, with an 80% solve rate for open innovation services such as public and confidential challenges, crowdsourced tech scouting and prior art search.