Organizations need to measure and analyze both success and failure to understand what drives innovation, says Laurence Van Elegem from nexxworks.
Innovation challenges encourage employees to generate and collaborate on ideas, creating a strong culture of innovation. This article provides a step-by-step guide on how to set up a successful internal innovation challenge.
Building innovation ecosystems will be the key to creating a sustainable competitive advantage. To achieve this, organizations need to design the right ecosystem model that fits their business and involves the community.