5 Ways to Create a Successful Innovation Program

You’ve heard it a thousand times: companies need to innovate in order to survive. The Googles and the Apples of the world are doing it- Google famously used to require employees to dedicate 20% of their time to innovation. But what exactly does it take to create a sustainable innovation program, especially if you are in an industry that is traditionally risk averse?

As the global workforce is inundated with young, tech-savvy professionals, corporations must embrace the reality that, whether they like it or not, the world has gone social. People are leveraging crowdsourcing for personal forms of communication and entertainment, and crowdsourcing has found a place in the enterprise too.

In this whitepaper, you’ll learn how forward thinking leadership teams incorporate a crowdsourcing approach to innovation.

Download the whitepaper >

About the author

As Director of Innovation Strategy at Spigit, Harvey Wade provides strategic direction and support to Mindjet’s key clients, as they engage their workforce and customers to identify ideas that solve and overcome key challenges. Based in the UK, he has over 17 years’ experience in the financial services sector, working for Commercial Union, CGU, Aviva and Allianz Insurance, where he designed, set up and ran the employee ideation and innovation program. He is a graduate of Warwick University with a bachelors in Chemistry.

About Spigit Crowdsourcing Software

Spigit innovation management software is designed with your needs in mind, and enables companies to tap into the skills of their crowds of employees, customers, and partners. Spigit helps companies:

  • Invent new products
  • Identify new markets
  • Improve customer experience
  • Streamline processes
  • Engage employees and customers

Spigit crowdsourcing software allows you to achieve significantly better business results more efficiently and effectively than can be done with individuals or small teams. Our mobile-responsive software applies the latest game and social mechanics, supports simultaneous implementations, and is available in 10+ languages. Our highly configurable platform can conform to, and scale with, your unique innovation and approval processes, while our GRAPH API and industry-leading technology stack keep us highly responsive to your needs. Spigit’s six global data centers come with stringent security features that meet even our most demanding customers’ needs, including those in the government and financial services sectors. As the market leader in crowdsourcing innovation, we hold numerous patents in innovation management. Our world-class product engineers, statisticians, and data scientists apply proprietary algorithms to Spigit analytics and reporting, helping you to select the best ideas rapidly and avoid common crowdsourcing pitfalls.

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