6 Must-Do Steps for a Successful Staff Suggestion Scheme

6 Must-Do Steps for a Successful Staff Suggestion Scheme

A successful staff suggestion scheme can enhance product quality, morale, and profitability. To ensure success, senior management must support and drive the program, while an internal promotion plan should generate initial buzz and encourage staff to submit ideas. Cross-functional review teams should evaluate ideas, and clear suggestion guidelines should be established to prevent the venting of frustrations. Finally, appropriate software can streamline idea submission and implementation.

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How to build successful community open innovation networks

Collaborative Innovation Networks (COINs) have emerged as a way to speed up new product development, but their effectiveness is still questionable. Building COINs requires strong leadership, a viable business model, innovative marketing, community building, and a sustainable competitive advantage.

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3 Lessons for innovation managers from the Real Wolf of Wall Street

Jordan Belfort, the real life Wolf of Wall Street, shares lessons on innovation, ideation and pitching ideas. Learn about vision, modeling innovation heroes, controlling your inner state, and creating a killer pitch.

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