Forest Blog: From Buzzwords to Traction: A Case for Tools to Achieve Innovation at Scale

Large companies have experienced talent, access to capital, and manufacturing capabilities to innovate, but often lack the behavior, mindset, and structure to be successful. Digital tools can provide the necessary structure for leaders to manage their portfolio, stay on top of emerging market trends, improve collaboration, and drive a consistent approach to innovation. Traditional tools like Excel and PowerPoint are not optimized for delivering results on new ideas at scale, while crowdsourcing methods lack context and organizational buy-in. A clear framework for innovation, connected to the right set of tools, can provide the necessary guidance and common practice for everyone, everywhere. The right tools need to start with a diagnostic to assess innovation culture and capabilities, align on key market forces, make faster decisions, and rapidly experiment with ideas to inform action.