Please select from the menu above

  • Acceleration sessions

    Facilitated workshops with the intent of accelerating business case creation and idea implementation.

  • Analytics modeling

    Provision of analytic reports from an idea management platform, which promotes control of the innovation initiative’s direction and analysis.

  • Breakthrough / disruptive innovation

    Landmark innovations that can change entire companies or sectors.

    Clayton Christensen, who coined the term ‘disruptive innovation’, describes it as a process ‘by which a product or service takes root initially in simple applications at the bottom of a market and then relentlessly moves up market, eventually displacing established competitors’.

    Learn more on the topic here.

  • Cocreation

    A business strategy that utilises stakeholders relationship to create, share, and build value on their products and services.

  • Collective intelligence

    A form of human intelligence that emerges from the collaboration of individuals. The sum of all parts.

    The author Pierre Lévy defines it as ‘a form of universally distributed intelligence, constantly enhanced, coordinated in real time, and resulting in the effective mobilisation of skills’, strongly contributing to the shift of knowledge and power from the individual to the collective.

    Interested in the the topic? Read more here.

  • Community management

    Administration and leadership of a group of individuals. The act of managing the communities’ content creation and interactions with an idea management platform.

  • Crowdsourcing

    The act of gaining needed services, ideas, and content by sourcing contributions from a large group of people.

  • Disruptive innovation

    Landmark innovations that can change entire companies or sectors.

    Clayton Christensen, who coined the term ‘disruptive innovation’, describes it as a process ‘by which a product or service takes root initially in simple applications at the bottom of a market and then relentlessly moves up market, eventually displacing established competitors’.

    Learn more here.

  • End-to-end innovation

    The innovation process that factors all innovation phases ranging from planning to implementation to post-analysis.

  • Engagement

    A metric that determines how involved collaborators are with a specific process.

    But how can you engage your people in your business challenges? Read more here.

  • Enterprise social network

    An internal social network for information sharing and tipically based on a software platform.

  • Enterprise social software

    An internal software program that promotes the creation of personal profiles and information sharing.

  • Fuzzy front end of innovation

    An insight-driven, experimental search for new ideas that can then be utilised with existing services, products, and models.

  • Gamification

    The application of game thinking and mechanics in non-game scenarios to bolster engagement and resolve non-game like challenges. These mechanics include:

    • Points
    • Quests
    • Avatars
    • Social graphs (interaction)
    • Levels
    • Progression
    • Badges

    Design techniques are used to make participation fun, while non-game contexts entail that the participant’s goal is other than success in the game. Anyway, a game is only a game when it’s voluntary. A handful of gamification characteristics make the process fun, attractive and engaging:

    • Feedback (immediate and constant)
    • Transparency (clear rules and visibility in the process and progression)
    • Progression (sense of moving forward)
    • Social interaction (knowledge sharing, competition and collaboration)
    • Recognition (badges, points and leaderboards)

    Interested in the topic? Learn more here.

  • Idea evaluation and selection

    The process where ideas are chosen and evaluated for implementation purposes.

    But how can you do it efficiently? Know more here.

  • Idea implementation

    The process of taking action on an idea, bringing it to fruition.

    Learn more on this process here.

  • Idea management

    The administration and managing of ideas through the innovation process. Considers both the sourcing and analysis of ideas.

    Learn more on how to manage ideas and innovation efforts here.

  • Idea market

    It’s a collaborative software, which allows organisations to collect ideas from all participants and identify those with the most potential.

    Prediction markets engines make this process more efficient and transparent.

  • Ideation

    The process of forming ideas.

    Here you can learn more on how to promote ideation.

  • Incentives and recognition

    In the end-to-end innovation process, incentives and recognition are given to those who create excellent ideas and are active participants.

    Learn more on how to unleash your people’s potential for innovation here.

  • Incremental innovation

    In business management, it’s the compulsory implementation of improvements that are non-transformative but rather stimulate continuous evolution.

    Incremental innovation – of processes, structures and features –  promotes not only trust and collaboration, but also calculated risk-taking.

    Learn more from experts’ insights here.

  • Innovation

    Innovation is the process of ideation, evaluation, selection, development and implementation of new or improved products, services, or programmes.

    The ‘Oslo Manual: Guidelines for Collecting and Interpreting Innovation Data’ (3rd Edition, 2005) defines its four main types: product innovation; process innovation; marketing innovation; and organisational innovation.

    Learn from experts’ insights here.

  • Innovation funnel

    The innovation funnel is a model which lays out the process from ideation through implementation (ideate -> define -> design -> develop -> implement).

  • Innovation KPIs

    Key Performance Indicators for the innovation process. Includes metrics such as engagement, number of actionable ideas sourced, and idea quality.

    Learn more on how to measure innovation outcomes here.

  • Innovation management

    Leading and overseeing innovation projects within a company. Due to its complexity, innovation management is typically done by multiple individuals.

    Learn more from frontrunners’ insights here.

    Have also a look at our innovation manager’s mission page.

  • Innovation management software/tools/solutions

    Software platforms where participants can share, evaluate and select ideas, contributing to the innovation process.

  • Invention

    A creation which has value somewhere, to someone.

    See why an invention and an innovation are not the same.

  • Invention vs innovation

    The core idea behind invention is to create something of use; innovation goes beyond this.

    Innovation is a process (preferably a sustainable one) that involves continual improvement and, where necessary, transformation. New inventions are only a part of the innovation process.

  • Leadership commitment and sponsorship

    It’s incredibly difficult to get any innovation campaign up and running without leadership support. Make sure you get leadership fully engaged by addressing their own business concerns and challenges.

  • Open innovation

    An innovation process where companies utilise internal and external ideas, accessing new sources of innovation. When harnessing a customer base, this process can be extremely cost effective.

    Henry Chesbrough, faculty director of the Center for Open Innovation at the University of California, coined the expression in 2003. He defined it as ‘a paradigm that assumes that firms can and should use external ideas, as well as internal ideas, and internal and external paths to market, as the firms look to advance their technology’.

    Interested in learning more on open innovation? Do it here.

  • Prediction / predictive markets

    Similarly to the financial world, in prediction markets people are able to speculate on the value of ideas, driving their worth up or down.

    Capable of processing high volumes of information, they are the most efficient way to select the best contributions out of a vast array submitted by participants in idea management platforms.

  • R&D

    Research and Development (R&D) remain a crucial element in the innovation process.

    Companies that invest more in R&D, over larger periods, tend indeed to develop stronger competitive advantages, performing better then market average.

    However, merely investing in R&D does not necessarily make an organisation more innovative.

  • Radical innovation

    A new service, technology, or product that replaces something else.

  • Results evaluation

    A formal process of analysing and then judging an innovation campaign’s results.

    Here you can learn more on how to assess and measure innovation outcomes.

  • Reverse innovation

    Also known as ‘trickle-up innovation,’ refers to innovation that will be used in the developing world before spreading to industrialised nations.

  • Social innovation

    New strategies, ideas, and concepts that meet social needs.

    According to the ‘Open Book of Social Innovation’ (Murray, Caulier-Grice and Mulgan), social innovations are ‘new ideas (products, services and models) that simultaneously meet social needs (more effectively than alternatives) and create new social relationships or collaborations’.

  • Sustainable innovation

    The generation and implementation of ideas in a repeatable and predictable manner.

  • Wisdom of crowds

    The principle of the ‘wisdom of crowds’ was named by James Surowiecki. In his book ‘The Wisdom of Crowds: Why the Many Are Smarter Than the Few’, he explains, ‘Under the right circumstances, groups are remarkably intelligent, and are often smarter than the smartest people in them’.

    This is of particular importance in innovation management, as the contribution of all is invaluable for the success of each initative.