Crowd Innovation, as embodied in Innovation Management Software Systems, is being increasingly used by large organizations and enterprises to source ideas at scale from their employees, partners and customers, and help identify the best new business opportunities. Done right, these techniques can help you make incremental process improvements, achieve cost savings, create incremental and disruptive product breakthroughs, and importantly, engage employees and customers at scale.

1. CROWD INNOVATION
Why it matters
Who’s doing this
How it works
#InnovationHQ
Milind Pansare
@milindpansare
vp product marketing at Mindjet
InnovationHQ Meetup January 30, 2014
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2. WHY IT MATTERS
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4. Lifespan on S&P500 is
60% shorter today than in 2000.
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5. 3 out of 4 companies on the S&P 500 will be gone in the next 15 years
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6. 3
TOP BUSINESS
ISSUES
① Grow Revenue
② Innovate for Competitive
Differentiation
③ Reduce Costs through
efficiencies
66%
61%
of CEOs say that
Innovation is a priority
- pwc
- MIT Sloan/Deloitte Study
don’t have well defined
Innovation strategies
- Accenture
75%
77%
10%
concerned with not
having enough ideas
of employees never use
their enterprise social
network
success rate of “Provide
and Pray” approach
of executives are
- Corporate Executive Board
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- Forrester Research
- Gartner
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7. WHO’S DOING THIS
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8. Five award categories:
Internet of Things
Big Data
Future Cities
Mobility
Collaboration
Mindjet and Spigit Confidential
British Innovation Gateway Awards:
Partnership with London Olympic Games to
promote innovation. Announced by Cisco’s
CEO, John Chambers, and Prime Minister,
David Cameron.
“We were clear on our initial thoughts of what our
legacy from 2012 should be; we wanted to have a
meaningful impact attaching Cisco to the UK in a
big way, making the focus on innovation, skills and
learning.”
- Tom Kneen, Head of Business Development, Cisco UK

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14. HOW IT WORKS
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15. TECHNOLOGY
GET IDEAS AT SCALE - FROM YOUR EMPLOYEES, CUSTOMERS AND PARTNERS.
SURFACE THE BEST IDEAS - FOR IMPACTFUL BUSINESS OUTCOMES.
MAKE IT A SCALABLE, PREDICTABLE, AND QUANTIFIABLE BUSINESS PROCESS.
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16. CREATE A CULTURE OF INNOVATION – SUSTAINED ENGAGEMENT
Solve specific
organizational challenges
on a timeline
Anywhere, anytime,
any device
Engage at scale, ensure
diversity of opinions and
aggregation of knowledge
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17. DRIVE BUSINESS OUTCOMES – INNOVATION ENGINE
Ensure all ideas are carefully
considered and the best
ideas are surfaced.
Define idea stages and automated
graduation criteria that are a fit for your
organization. Use the crowd to do heavy
lifting in initial stages and then use the
built-in fusion workflow engine for expert
evaluations in later stages
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18. REPORTING AND ANALYTICS – REPEATABILITY & PREDICTABILITY
Measure innovation with the help of
business analytics, dashboards and
reports
Match the workflow to your
business process
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19. Delivering Value Across the Enterprise
Strategy
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Product
Innovation
Process
Improvement
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20. Thank You
milind@mindjet.com
@milindpansare
@mindjet
www.mindjet.com
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