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Open Innovation

Innovation Budget Planning Components Top 10
30 Oct

Innovation Budget Planning: 10 Key Components

by Stephanie Creech
in Enterprise Innovation, Innovation, Innovation Challenge, MedTech & Life Sciences Industry, Open Innovation, Technology
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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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21 Mar

Ezassi to Attend FEI Boston 2018: What to Expect

by Dillon Carter
in Open Innovation
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We will be attending the annual FEI Boston 2018 event. While there, we'll be showcasing our innovative platform and processes that have helped our client base increase user engagement, time-to-innovate, number of ideas and, most importantly, quantifying how it affects their bottom line. We'll be networking on location and attending social events to answer questions and ask some of our own. After working in various industries, we've found some similarities that make the innovation process effective and streamlined. We've seen first hand how developing a culture of innovation internally leads to higher employee engagement and empowerment that helps solve some your most vital problems.  Many companies are trying their best to create innovation within their companies but still struggle. We bring a level of expertise and processes to build and implement a culture of innovation successfully.   The FEI Boston Innovation Conference is designed to help you master the art of serious innovation with...

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16 Feb

HIMSS Conference 2018 Speakers Lineup

by Dillon Carter
in Innovation, MedTech & Life Sciences Industry, Open Innovation, Uncategorized
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[vc_row][vc_column][vc_column_text] Announcing The HIMSS Conference 2018 Speakers Lineup [/vc_column_text][/vc_column][/vc_row][vc_row][vc_column][vc_column_text]Today we are excited to announce the HIMSS Conference 2018 Speakers . The conference date is March 5 - 9, 2018 and will be held in Las Vegas, NV. The speaker lineup includes:[/vc_column_text][vc_empty_space height="15px"][/vc_column][/vc_row][vc_row][vc_column][vc_empty_space height="15px"][/vc_column][/vc_row][vc_row][vc_column][/vc_column][/vc_row][vc_row][vc_column][vc_column_text]Eric Schmidt, Financial Advisor, Former Executive Chairman of Alphabet Inc (Parent company of Google)   Machine learning and the cloud are fueling moonshots that are already changing how we fight disease and improve health for millions of people. But there’s still so much untapped potential. Healthcare is being transformed entirely, with each new technological breakthrough. During the opening keynote, Eric Schmidt will provide his perspectives on what we can do to speed up the progress and make sure technology is being put to its best use, making life better for people everywhere.[/vc_column_text][vc_empty_space height="40px"][vc_column_text]David Shulkin, MD, Secretary of U.S. Department of Veterans Affairs   The Honorable David J. Shulkin was nominated by President Trump to serve as...

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creating a culture of innovation
02 Jan

Creating A Culture of Innovation Using Innovation Software

by Jennifer Creech
in Collaboration Software, Innovation, Innovation Challenge, Innovation Software, Open Innovation, Technology
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As companies increasingly recognize the importance of innovation and disruptive solutions to remain competitive, the big question remains: where does innovation come from and how a culture of innovation be cultivated? While it might certainly seem like a big question with a complicated answer, for most companies the solution within reach more than they could have ever imagined. Contrary to popular belief, existing employees account for the vast majority of innovative ideas and the right software can help unlock innovation while also shifting the entire company culture.   Companies who feel static, often look to outside sources for new ideas, but studies show that internal employees actually represent the best source of innovative ideas. The real challenge is creating a culture of innovation where employees feel free to share ideas and question the status quo. Here we have put together some of our most important findings regarding these issues in the article,...

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04 Dec

Innovation: Where Do Ideas Come From?

by Stephanie Creech
in Enterprise Innovation, Innovation, Open Innovation
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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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