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Innovation Management
Want to quickly identify innovative solutions for deployment?
Launch an ideation campaign and benefit from the full power of Yumana’s innovation management software. You can effectively involve your employees, partners, customers or student communities to find solutions.
More than just an idea box, innovation challenges act as a catalyst to unlock the untapped potential of your ecosystem.
Their aim is twofold: to encourage the emergence of concrete, innovative solutions to problems, while at the same time stimulating collaborative engagement within your organization.
They are short and usually repeated every year, giving you the opportunity to quickly raise awareness about innovation in your communities.
Step by step
Innovation challenges are an excellent way to raise awareness about innovation among your stakeholders. They are quick to set up and provide the opportunity to gather new ideas, respond to a problem or identify promising initiatives to be rolled out across your organization.
Several key factors will ensure the success of your challenge:
This first stage is crucial to the success of your challenge. Before you start your campaign, make sure you define the following elements:
Reduce your environmental impact, find new sources of growth, identify the best initiatives taken by your teams during the year... To ensure maximum participation in your challenge, your objectives must be aligned with your challenges and reflect the interests of your participants.
To measure the success of your challenge, you first need to define the KPIs you want to monitor throughout the process. There can be many different KPIs: number of participants involved, volume of ideas collected, turnover generated by winning ideas, etc.
To ensure the success of your innovation challenge, you need to define 6 key elements in advance: the target audience, the themes of your challenge, the stages and milestones, the reward model for the winners, the communication plan to be used and the follow-up of the ideas to be implemented after the challenge.
Like any project, the launch of a challenge requires optimal organization. To ensure that your project runs smoothly, you need to identify the stakeholders and define their roles and responsibilities.
The time has come for your participants to submit ideas, either individually or in teams. Here are our 3 tips for getting as many ideas as possible:
To ensure the participation of your target audience, you need to make it easy for them to submit their ideas online. Typically, a form is provided to your contributors. To ensure the quality of submissions, the form is 100% customizable. Yumana goes one step further, using intelligent analysis of submitted ideas to help you categorize similar ideas and identify and remove duplicate ideas.
To ensure that an idea is developed all the way through to implementation, your participants need to build teams that are ready to take action. To identify the best team members, Yumana provides idea owners with the 'Magic Team Builder', which suggests the most relevant profiles with just one click.
To get quick feedback on the relevance of their idea, idea owners have two options:
You've launched your innovation challenge and collected hundreds of ideas. To assess the potential value of the ideas you collected and be sure to keep only the best, you have several options:
To quickly select high potential ideas that meet your own scoring criteria, Yumana allows you to create 100% customizable scorecards.
By opting for public voting, you give decision-making power back to your communities and maximize their engagement. You have two options: give each user an equal number of votes or gamify the session by enabling crowdfunding. Each user can then place as many bets as they like on the ideas and earn additional voting tokens based on their participation.
Depending on the topic of your ideation challenge, it may be necessary to involve business experts in the evaluation of ideas. The platform provides managers with fully customizable evaluation grids. They can then call on the appropriate experts based on their skills, a group they belong to, or on an individual basis.
Once the best ideas have been pre-selected, the nominated teams must go through a preparation phase to fine-tune their idea. This phase is an opportunity for the nominees to practice for the pitch phase, which follows a two-stage schedule:
This first stage outlines the expectations of the jury that will select the best ideas. The training is designed to give nominees the tools to clarify their value proposition and the golden rules for writing an effective pitch. It also prepares nominees for public speaking and potential questions from the jury.
Once the candidate teams are familiar with the different pitch procedures, they are required to go through a one-to-one coaching phase. This stage ensures that the quality of the ideas presented to the jury is consistent, regardless of the experience of the candidates.
The coaching will have been successful if each idea clearly formalizes the following information:
Your innovation challenge is drawing to a close: it's time to select the best ideas and reward the winners.
This ceremony is an opportunity for the organizers and participants of the challenge to celebrate the success of the innovation challenge together, whether face-to-face or remotely. It is the opportunity to reward all those involved.
Central to the organization of your challenge, the platform plays an important role for both managers and participants. Don't forget to update it once the winners have been chosen:
We have benefited greatly from the expertise and dedication of the Yumana team.
The simplicity of the implementation and the flexibility of the platform helped to make our innovation challenge a success.Maja Thomas,
Chief Innovation Officer,
Hachette Livre
Customer Success Stories
To ensure the success of your innovation challenge, focus on 5 key areas:
Although it is possible to start your innovation challenge without a tool, it is not advisable. An innovation management software offers a number of advantages:
Identifying the most promising ideas is no easy task. As part of an innovation challenge, there are 3 tools you can use to make sure you never miss the next great idea:
Once your innovation challenge is over, it's important to keep the momentum going by actively following up on the process you've started:
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Don't wait any longer, contact our experts today and join the Yumana community!
Want more information about our solution? Let's talk! I'd like to learn more about your innovation challenges.