Innovation challenge: How to organize your own competition

Innovation challenges are a powerful way to generate new and innovative ideas for any organization. They allow participants to generate ideas centered on a specific theme or problem. However, there are certain steps that must be followed to ensure that the competition is successful. To begin, clearly define innovation goals, and decide on the type of competition to be used. Consider whether the competition should be internal or external to the organization. The next step is to select participants and create key performance indicators. Choose the type of innovation dashboard that will be used and set up the innovation challenge in the right way. Marketing the challenge is also important, using channels such as social media platforms and email messages, and selecting the best communication channels to ensure the challenge reaches the right audience. Once the innovation challenge is over, select the winners, evaluate their ideas and implement them into projects. Finally, recognize the winners and encourage participation in future innovation challenges. Using a software like Accept Mission can make the process more streamlined and easier to manage.