Category Archives: Rewards

Offer Rewards for Saving Money

Many business owners have realized that their business depends on spending less money. Unfortunately, it can be difficult to pare down the running of your business without causing a disruption to the work that must be done. Instead of handing … Continue reading

Posted in Collaboration, Corporate Innovation, Idea Management, Open Innovation, Rewards, Team Innovation | Tagged , , , , , , , , | Leave a comment

Be open to Employees

One of the best ways that a business owner can encourage innovation in employees is to actually be open and available to employees. A lot has been made about an open door policy, but there are very few business owners … Continue reading

Posted in Corporate Innovation, Idea Management, Open Innovation, Rewards, Suggestion Box, Team Innovation | Tagged , , , , | Leave a comment

Eliciting Innovation from Employees

Creating an atmosphere of innovation for employees can simply be a matter of letting employees know that you are working on a project that needs their creative input.  The creative process needs a starting point and usually employees need to … Continue reading

Posted in Brainstorming, Collaboration, Corporate Innovation, Idea Management, Idea Markets, Innovation Networks, Inventions, Open Innovation, Rewards, Suggestion Box, Team Innovation | Tagged , , , , | Leave a comment

Creating an Atmosphere of Innovation

Innovation and creativity are synergistic and organic events that happen with support and encouragement.  Some of the ways that innovative creativity happens is by putting together a creative team that works together to solve a dilemma or challenge in a … Continue reading

Posted in Brainstorming, Collaboration, Corporate Innovation, Idea Management, Idea Markets, Innovation Networks, Inventions, Open Innovation, Rewards, Suggestion Box, Team Innovation | Tagged , , , , , | Leave a comment

Use Consumer Technology as a Springboard to Innovation

You’ve either seen them or you have them – new consumer communication devices that allow a convergence of all kinds of methods of communication. Smart phones, mini computers, handheld game systems, and organizers have become faster, smaller, and capable of … Continue reading

Posted in Brainstorming, Corporate Innovation, Entrepreneurship, Idea Management, Idea Markets, Intellectual Property, Rewards | Tagged , , , | Leave a comment

How to Succeed with Low Cost Innovation

Radical innovations certainly get lots of buzz. They’re what get people talking and create the biggest stir. But low-cost, “disruptive” strategies can also address a niche need that can be innovative and profitable. Cutting down on some features in order … Continue reading

Posted in Collaboration, Corporate Innovation, Innovation Networks, Intrapreneurship, Rewards | Tagged , , , | Leave a comment

Lessons Learned the Hard Way: Innovate or Perish

It’s a tough economy, and many businesses are struggling to keep themselves afloat as they struggle through the challenges. Both those who are making it and those who are not are discovering that innovation can be the different between thriving … Continue reading

Posted in Brainstorming, Corporate Innovation, Idea Management, Inventions, Open Innovation, Rewards, Suggestion Box | Tagged , , , | Leave a comment

Making it Easy for Your Employees to Innovate

While a Dilbert-esque office atmosphere may be funny on the comic pages, it’s not amusing if that mentality takes over your business. To discourage the apathetic and unproductive employee and instead encourage an innovative, self-motivated and excited employee, you’ll want … Continue reading

Posted in Brainstorming, Corporate Innovation, Idea Management, Inventions, Open Innovation, Rewards, Suggestion Box | Tagged , , , | Leave a comment

The Secrets to Hiring Innovative Employees

You know you need to have innovation in your business; you want innovation and you support it. But how do you find employees who share that vision? How do you know in the interview that someone is likely to be … Continue reading

Posted in Innovation Networks, Open Innovation, Rewards | Tagged , , | Leave a comment

New Innovation Techniques For Small Industry

Building innovation in your small industry doesn’t just happen because you want it to. It takes work, and new ideas – new techniques to inspire innovation. First, use technology. Many companies find that as they are open to new technology, … Continue reading

Posted in Brainstorming, Collaboration, Corporate Innovation, Idea Management, Open Innovation, Rewards | Tagged , , , , , , | 1 Comment