How 3 Companies Created An Ecosystem for Innovation | Innov8rs.co

Cisco, GE, and Intuit all recognized the importance of disrupting themselves before disrupting markets with innovative ideas. Cisco launched the Innovate Everywhere Challenge to develop and capture venture ideas from employees, and foster entrepreneurial skills and culture within the organization. GE developed FastWorks, an innovation framework focused on customer collaboration, continuous testing and ongoing iteration, providing employees with the resources and agility of a startup. Intuit invests a lot of effort into training employees on core innovation capabilities, which helps them be innovative in their daily work. Additionally, they maintain an internal network of volunteer Innovation Catalysts who act as coaches to teams in need. These companies believe innovation comes from anyone, anywhere, always, and it's their job to enable everyone to innovate.