11 Innovation Best Practices from BCG, strategy& and PwC

11 Innovation Best Practices from BCG, strategy& and PwC

To succeed in innovation, companies should capture customer insights, align with their business strategy, work on supporting culture, assure strong top management commitment, actively manage their portfolio, create a well-defined process, capture ideas effectively, be flexible with radical ideas, link incentives to radical ideas, collaborate with external partners, and focus on business models. Research by Boston Consulting Group, strategy& and PwC proves that focusing on these best practices leads to greater financial success.

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More Innovation Resources:

Crowdsourcing Ideas with a Virtual Workforce

Crowdsourcing Ideas with a Virtual Workforce

As remote work becomes the new norm, organizations need to find new ways of crowdsourcing ideas from their employees. This article discusses how customers of Planview are using their tool to engage and connect with remote employees while solving real customer problems.

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How to find innovative solutions in business in 2021

Discover how to effectively create new and innovative solutions for your business by following these five steps: identify the problem, study the problem, gather as many ideas as possible, select the best ideas, and experiment with the best ideas.

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What Is a Pure-Play PSA Solution and Is It Right for My Services Organization?

Professional services automation (PSA) solutions are becoming more popular with the market expected to reach $16 billion by 2025. There are three types of PSA software: project-focused, enterprise-focused, and pure-play PSA software.

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