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Enterprise Innovation

Innovation Budget Planning Components Top 10

As a follow-up to our recent blog on “What to Include in Your Innovation Budget” we have created an innovation budget planning components list with 10 key items you should include in your innovation budget for the coming year.   As you will notice as you go through the budget checklist, some of the key components include taking advantage of external resources. As Benjamin Franklin said, “time is money,” so keep in mind that innovation planning may go beyond optimizing internal resources and require you to invest in outside resources in order to speed up production time.     With that in mind, here are 10 key components that should be a part of your innovation budget plan:   Innovation Budget Planning Components #1 Outside Consulting Ask yourself: Do we have the skills and resources necessary for our project research and development? Can we bridge the gap with outside consulting resources?   Whether you need help developing innovation and best practices...

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[vc_row][vc_column][vc_column_text]At Ezassi, we work with global innovation leaders who all are constantly grappling with the same big question: where do innovative ideas come from? While there is no definitive answer that can be applied across the board to all businesses and industries, exploring this question helps to shape strategies and find the right balance between fostering internal innovation and investing in open innovation. Simply pursing this question helps companies remain focused on being adaptive and progressive and avoid becoming static in a dynamic business environment. Innovation is more than just a buzzword, but it does have the tendency to feel like an abstract concept that lacks concrete boundaries that can be easily defined. Most businesses recognize that innovation is essential to remaining competitive, but aren’t sure where to begin. The feeling that there are too many choices can stall progress, especially when leaders fear making the wrong decision.   Where Do Innovative Ideas...

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What are the most commonly used innovation software stage-gate process stages? When deciding upon your stages of innovation, it’s important to understand what those stages should be and how to best manage an idea at each stage. To clarify the process, we want to break down the most common stages within an innovation software stage-gate process.   Innovation Software Stage-Gate Process Stages Identified   Innovation Software Stage-Gate Process #1: New Naturally, all ideas will start at the New stage. This is your innovation idea inbox and where most of your sorting will take place.   Innovation Software Stage-Gate Process #2: Request for Information After an idea has been deemed interesting as a possible solution, the organization will typically require more information to dive deeper into the idea, what’s involved and the requirements or limitation of the proposed solution. Reaching out to the submitter will enable you to better understand the submitters background as an expert and how they will...

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Top 10 Innovation Software Features

[vc_row][vc_column][vc_column_text]Simply striving for innovation isn’t quite enough. Choosing innovation software features or a platform and seem to make things a bit more complicated while getting started. What should you look for in features? What’s important and what isn’t? All questions that we can easily assist you in answering and help you move forward quicker with your innovation strategy.   The right innovation software features are key to the success of your strategy. With the right software, your innovation efforts should feel streamlined, effortless and, ultimately, effective. There seems to be 10 features of interest that you’ll want to look for while choosing your software.   A Branded Microsite A branded microsite helps maintain your brands image while launching your innovation challenges, whether internal or external. Although, this is more important for external challenges. This ensures you maintain control over your branding always and further pushes that image when it comes to innovation so that your...

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disruptive solutions mindset 101 coffee break game changers

Upcoming Radio Show Event - Disruptive Solutions Mindset 101 on Coffee Break with Game-Changers Radio LIVE Wednesday, August 16, 2017 at 8 am PT / 11 am ET. Disruptive Solutions Mindset. Listen live. Please join us as Denise Fletcher, our Chief Innovation Officer, will be a guest speaker on the Coffee Break with Game-Changers radio show, hosted by Bonnie D. Graham. ...

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