Orchidea on Innovation

Innovation Takes More Than a Few Tools

Posted by Christoffer Winquist on 03/09/15 17:16

Have you felt that people in the company have good ideas or potential that is not being utilized? Have you struggled with how ideas should be collected and implemented? Innovation doesn’t happen just because you implement an innovation funnel or start using a tool for collecting ideas. Processes and tools are often required to support innovation, but the work of changing how people think and act remains. We will focus on three typical challenges companies face when seeking good concepts to implement:

  1. getting useful ideas from the organization,
  2. idea development, and
  3. a note on idea process discipline.
Read More

Topics: Innovation Process, Best Practise, Innovation Challenge

11 Innovation Best Practices from BCG, strategy& and PwC

Posted by Jouni Halme on 02/06/15 13:48

You want to reinvent the world, but you do not know where to start? No worries, leading consulting companies spend big bucks to find out the silver bullets for you. Here is the 11 innovation management best practice list which is based on the latest research from Boston Consulting Group, strategy& and PwC.

1. Capture Customer Insights Directly from the Customers

According to strategy& strong focus on capturing customer insights directly from customers had strong impact on financial results. Companies which capture insights directly from customers had three times the growth in operating income and twice the return on assets of industry peers that captured customer insights indirectly, as well as 65 percent higher total shareholder returns (strategy&, 2014).

Read More

Topics: Innovation Process, Best Practise

6 Reasons to Focus on Ideas Instead of Inventions

Posted by Jouni Halme on 23/03/15 11:35

Many of the clients I meet are struggling to collect enough ideas in the fuzzy front end of their innovation process. At the same time in many organization the only way to submit an idea to the organization is by submitting invention disclosure report. This is very counterproductive from the point of view of innovation.

 Do you want to know why?

1) The Bar is Raised Unnecessarily

It is widely accepted truth that in innovation quantity leads to quality. If the only way for the employees to submit their ideas is inventions, the organization is messaging that they are only looking for something unique or novel. This is again leads to smaller ideas not being submitted which affects idea quantity.

Read More

Topics: Innovation Process, Best Practise, Research & Development

We concentrate on topics which help our customers and innovation professionals to be more successful in their innovation efforts.

Subscribe to Email Updates

Recent Posts