Idea and innovation management solution

01 — What it is

Co-creation with your stakeholders

Actively involve customers, employees and partners in developing new ideas

The Innovation Challenge supports your innovation process by involving stakeholders from both inside and outside your organisation to generate new ideas around business challenges and develop them into propositions that are actually realised. Our solution creates a community in which your stakeholders are actively involved at every stage of the innovation process.

The Innovation Challenge addresses both the hard and soft aspects of innovation. Learning, collaboration, motivation, risk-taking, knowledge sharing and entrepreneurship are central to this approach. Our online innovation platform combined with offline activities drives high levels of engagement among many stakeholders, something that can never be achieved through offline activities alone. Innovation is not an exclusive affair for a small group of people!

“Proactively involving customers, employees and other stakeholders in the development of new products and services. Co-creation at its finest.”

02 — What it solves

Transparent and effective innovation

An optimal combination of offline methods and online platform for maximum results

The Innovation Challenge is the transparent and effective method for developing new products and services together with your stakeholders, with the goal of increasing the probability of success.

Through an optimal combination of offline methods (workshops, plenary sessions) and the online innovation platform, a community is created where collaboration, commitment, healthy competition, knowledge sharing, enjoyment, speed and achieving results are central.

In addition, this approach is more cost-efficient than conducting all innovation activities offline. The use of an online platform makes it possible to actively involve a large number of stakeholders in the innovation process.

Ideation & Crowdsourcing

Collecting ideas via the crowd, assessed by the community itself.

Open Innovation & Co-creation

Collaborating across organisational boundaries for fresh perspectives.

Innovation Community

An active community where all parties collaborate on innovation.

Innovation Result!

Propositions with the highest probability of success ready for market introduction.

03 — How it works

From idea to winning proposition

Multiple ideas are developed into market-ready propositions in a competitive setting

Competitive innovation process in 9 rounds

Ideas must be developed into propositions that can be introduced to the market, the future cash flow generators for your organisation.

In the Innovation Challenge, multiple potentially strong ideas are developed in a competitive environment into propositions (new products and services) that add value for your customers. In 9 rounds, innovators actively work on their propositions and stakeholders can provide their feedback and investments in the ideas they consider most valuable.

The idea or proposition that has received the most investments is the winner, and therefore the best concept to introduce to the market with the highest probability of success.

A complete innovation community

All stakeholders participate actively in the innovation process

Collaboration, interaction and knowledge sharing

A complete innovation community is established in which all stakeholders can actively participate in the innovation process. Their feedback is invaluable in developing propositions that connect with the market and are supported within the organisation. This shortens time to market and significantly increases the probability of success.

Form innovation teams and collaborate in a closed collaboration environment
Run polls to make rapid decisions within the team
Group chat for all participants in a challenge
Internal messaging system, simpler than email
Content management system for knowledge sharing per challenge
Comprehensive knowledge base available to all participants

All features

05 — Results

What questions does it answer?

The Innovation Challenge provides concrete answers to your most critical innovation questions

Customer need

Which ideas are most needed by the customer?

Business model

What is the business model and value proposition for the idea?

Business potential

Which idea has the greatest business potential and the most compelling business case?

Competition

What are competitors doing and how does your proposition differentiate itself?

Risks

What are the risks of a new business idea and how are they managed?

Experiments

Which experiments can test assumptions and reduce risk?

Competencies

Does the organisation have the right competencies to realise the idea?

Time to market

What is an appropriate time to market for the new proposition?

Implementation

Which ideas or propositions will we actually implement?

06 — Approach

9 rounds, fully customisable to your innovation challenge

The Innovation Challenge consists of nine rounds that serve as a source of inspiration and can be fully configured to your specific situation

Innovation Challenge 9-round process overview

07 — In practice

Proven models to support innovation

Established innovation theories and models to improve the quality of propositions

Theory in service of practice

In the Innovation Challenge, established theories and models are applied to improve the quality of the developed propositions and to support the innovators. These theories and models are supportive, not directive. Ultimately, what matters is real-world practice, which can be more complex and unpredictable than any theory.

The innovation platform contains a knowledge base where information about the applied theories can be found. In addition, ready-to-use models are available:

Business Model Canvas Value Proposition Canvas Lean Canvas Personas Customer Journey Mapping SWOT + Confrontation Matrix Industry Analysis Experiment Canvas

Models such as the Business Model Canvas to support innovation

08 — Professional Services

Support throughout the entire process

Innofication supports you from preparation to evaluation, because software alone is not enough

Project management

Professional management of the complete innovation trajectory from start to finish.

Strategic advice

Tailored advice for your specific innovation challenge and organisational context.

Platform configuration

Full configuration and setup of the innovation platform for your challenge.

User support

Training and support for all participants and administrators of the platform.

Management reporting

Clear reports on the progress and results of your challenge.

Offline workshops

Facilitating offline sessions and workshops as a complement to the platform.

09 — Get started

Ready to tackle your innovation challenge?

The Innovation Challenge lasts 3 to 16 weeks and is fully customised to your organisation, innovation challenge and corporate identity. Contact us to discuss the possibilities.

Request a demo Contact us