Category Archives: Open Innovation

7 Rules for Improving Innovation: #7 Customer Input

To fuel the innovation engine, companies need to pay extremely close attention to their customers. Continue reading

Posted in Customer Satisfaction, Customer-centric innovation, Market Research, Marketing, New Product development, Open Innovation | Tagged , , , | Leave a comment

7 Rules for Improving Innovation: #5 Process

Many companies truly want to innovate, but don’t know where to start. It all begins with defining a clear, straight forward process. Continue reading

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7 Rules for Improving Innovation: #4 Recognition

Employees need to be recognized for their efforts, plain and simple. This is especially true as you’re trying to drive innovation forward at your company. Continue reading

Posted in Collaboration & Communities, Employee Engagement, Employee Expertise, Employee Recognition, Open Innovation | Tagged , , , , | Leave a comment

7 Rules for Improving Innovation: #2 Sharing Information

In order to innovate, information must flow freely and be readily accessible to employees and, in some cases, outside participants. Continue reading

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What are Your Innovation Metrics?

You can’t improve upon what you’re not even measuring. What are the “go-to” numbers on your innovation dashboard? Continue reading

Posted in Business Innovation, Business Metrics, Customer Satisfaction, Innovation Dashboard, Innovation Metrics, Innovation Reporting, Market Research, Open Innovation | Tagged , , , , , , , , , | Leave a comment

Customer-Centric Innovation: Challenge Yourself!

Creative endeavors are a crucial piece of this model, but if it doesn’t make a measurable impact on some aspect of your business and drive you to get more customers, then why do it? Continue reading

Posted in Challenge-driven Innovation, Customer Satisfaction, Customer-centric innovation, Idea Management, Incremental Innovation, Innovation Process, Marketing, Open Innovation | Tagged , , , | Leave a comment

The cost of NOT innovating

Recently, a medium-sized company shared a story in which they neglected to patent their flagship new technology. Within a year of its release, two (much larger) competitors introduced similar products which now dominate what’s become a $300 Million market. When … Continue reading

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“Green” is Just Another Color of Innovation!

MindMatters would like to congratulate the companies that are taking part in our Earth Day initiative. Using Open Innovation to find Green Ideas. Continue reading

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Here’s an Idea: Go Green on Earth Day with Flagpole’s FREE Program to Help Companies Boost Sustainability

We can’t think of a better way for companies to use our software than for finding new ways to recycle more, reduce waste, and lessen their carbon footprints. Continue reading

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Nice Article on 3M and Innovating in a Tough Economy

CEO of 3M George Buckley understands that you need to keep innovating and investing in product development, especially through tough economic times.  While many companies are slashing R&D budgets to save costs, 3M and others are looking at ways to improve products incrementally; a … Continue reading

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