The 8 Pillars of a Successful Innovation Strategy

To stay competitive, companies need a solid innovation strategy that adapts to the evolving expectations and beliefs of millennials, both as consumers and employees. This guide outlines the 8 key pillars of innovation that can propel a company's continued growth and excellence. These pillars include defining missions, visions, and goals, crowdsourcing from within and outside the organization, capturing ideas and collaborating, curation and implementation, and measuring, adapting, refining, and rewarding. With Idea Drop software, companies can easily align creative input with goals and values, manage innovation portfolios, and curate and implement only the best ideas.