InnoCentive and the Forrester Groundswell Awards

Posted by Connie French on Aug 26, 2010 8:05:56 AM

InnoCentive@Work has been nominated for a Forrester Groundswell Award!  You can vote for our entry on the Groundswell Submissions Page.  In the meantime, read more about InnoCentive's enterprise offering below:

Introduced in 2008, InnoCentive@Work is the fast, easy and cost-effective way to harness the collective intellectual power of your best and brightest people. It provides an open forum where everyone in your organization is encouraged to collaborate on your most pressing organizational challenges via a secure, easy-to-use web-based portal. It rewards individuals from anywhere in your company for their contributions toward solving your most pressing problems. And it gives you the ability to unleash breakthrough innovations designed to drive growth and profitability – in less time and for less money than you ever thought possible.

InnoCentive at Work Screen Shot

Since InnoCentive@Work employs a Software-as-a-Service model, we can get your organization trained and your open collaborative environment up and running in as little as 90 days.

Step One – InnoCentive’s technology team works with you to integrate and configure InnoCentive@Work to operate through your intranet. At the same time, our Client Services team helps define the scope of your program, train your organization, and establish internal policies for integrating open innovation into your existing processes.

Step Two – InnoCentive helps you create and prioritize a pipeline of pressing problems and establish a process for approving Challenges, reviewing submissions, and using rewards to motivate participation. We even help Challenge owners or Seekers write the Challenge text to be posted on the InnoCentive@Work website.

Step Three – We educate internal Innovation Champions to help exploit the full power of the InnoCentive@Work process. These Champions ensure that the Challenges your team is collaborating on are aligned with your organization’s strategic priorities.

Step Four – InnoCentive supports you on an ongoing basis to continually balance your need for innovating internally with the potential of tapping into external resources to increase the diversity of

your Solver base through

Think inside out.

Once you have established an open environment and shifted your organization’s cultural perspective on sharing ideas and innovations, it’s easy to extend your innovation initiatives and move your Challenges outside the walls – from InnoCentive@Work to The InnoCentive Challenge Center on

We’ll work with your Seekers to anonymize and redefine their internal Challenges for public disclosure – where they can be solved by any of the 200,000+ members of InnoCentive’s global Solver network. So you will have some of world’s best and brightest minds working to help you design a better product, create a life-saving medical breakthrough, or make life better for millions.

Earlier this summer, we released InnoCentive@Work 3 which allows customers to engage and collaborate even more broadly by connecting with their external communities of customers, consultants and partners, thereby creating newer communities of potential Solvers and increasing the likelihood of finding breakthrough solutions that yield measurable business results.  InnoCentive@Work 3 is built for flexibility: it adapts to the community’s optimal style of working and collaborating, allowing Solver teams to define the voting and rating rules of their group.   Read more about InnoCentive@Work 3 in this interview with InnoCentive CTO David Ritter.

Don't just take our word for it.  In a commissioned study announced earlier this year, Forrester Consulting found that a large, multinational agricultural company achieved a return on investment (ROI) of 182%, with a payback period of less than two months, by deploying InnoCentive@Work along with InnoCentive Challenges and OnRAMP to facilitate innovation in their R&D organization.  See the study here.

Topics: Innovation Insights

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