Open innovation strategies structure the process of creating and implementing partnerships, but a customized plan is necessary for success.
Shark Tank-style pitching competitions aren't just for TV, they're inside organizations too. Increasingly companies are realizing the value of conducting internal shark tank events to incentivize and fund business proposals that show promise. Brightidea Pitch is an app specifically designed to manage an internal shark tank, enabling entrepreneurs to easily pitch new business ideas for their own executives to evaluate and grant budget for further development.
Eight behaviors can kill creative thinking in a group setting. These include negativity, assumption-based thinking, talking excessively, rejecting others' ideas, and more.