Running an Innovation Challenge: the Ultimate Guide

Running an Innovation Challenge: the Ultimate Guide

Innovation challenges are a game-like approach to idea generation and collaboration, driving a culture of innovation within an organization. This article outlines the benefits of setting up an innovation challenge, such as unlocking innovation potential, improving products and services, and optimizing performance. The article specifically focuses on internal innovation challenges, which are open only to internal stakeholders. It provides a step-by-step guide for organizations looking to set up their own innovation challenge, covering topics such as defining innovation goals, selecting participants, choosing a platform, and setting rewards. The article also emphasizes the importance of effective communication, engagement, evaluation, and recognition in maximizing the impact of an innovation challenge.

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Why brainstorming is overrated and innovation should be boring

Innovation is not just creativity, it's a reliable and predictable process. An approach called Outcome-Driven Innovation (ODI) has an 86% success rate in developing new products that meet unmet customer needs. Innovation needs to be treated like any other business function, complete with process, rules, metrics, data and performance standards.

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Using Machine Learning To Predict Football Matches

Can Artificial Intelligence predict football game outcomes and improve innovation? This writer used Machine Learning to do so, but found that while it can assist with some generalizations, it struggles with predicting the unpredictable.

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What is the differences between incremental and radical innovation?

Innovation is necessary for a corporation's economic progress as it keeps them ahead of the competition. This article focuses on the difference between incremental and radical innovation and how to benefit from both.

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