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Blog: 7 Rules for Innovation: #6 Company Culture

An interesting paradox exists: Most companies fear change. Yet, they have to resist fear and take serious risks in order to innovate. How do you change that culture of fear that pervades most companies?

Press Release – 2010/10/07

MindMatters, a leader in solutions for managing innovation for over a decade, announced the release of major updates to their suite. The new version includes better compatibility, a new user interface, enhanced reporting, and stronger security.

Blog: 7 Rules for Innovation: #5 Process

Many companies truly want to innovate, but don’t know where to start. It all begins with defining a clear, straight-forward process. If you want success, you simply have to create, implement, and enforce a process for how innovative ideas and projects will flow through your organization from early stage to completion.

Blog: 7 Rules for Innovation: #4 Employee Recognition

Employees need to be recognized for their efforts, plain and simple. This is especially true as you’re trying to drive innovation forward at your company. If you’re not doing this already, you need to start a regular process for recognizing (better yet, rewarding) workers in your company. If the whole innovation process is new to your organization, or your current process is being updated or changed, then you’re most likely asking employees to perform new tasks that are not already part of their jobs. If this is the case, there must be some understanding on their part that there’s “something in it for them.”

Blog: 7 Rules for Innovation: #2 Sharing Information

In order to innovate, information must flow freely and be readily accessible to employees and, in some cases, outside participants. First off, create a space, whether virtual or physical, where people can “get together” and share what they’re working on, project info, notes, etc.

Blog: 7 Rules for Innovation: #1 Leadership

Innovation starts at the very top levels of your company. Any efforts to improve, whether incrementally or radically, must funnel down from executives to managers to team leaders to employees, and everyone needs to be on the same page.

John Stowell, Director of Innovation, Zep Inc.

"StageTrak is very customizable to your needs. Once it's up and running it's pretty intuitive. It's much simpler to operate than most of its competitors."

"We avoided $750,000 in cost in North American alone last year because we're being more selective and going after better intellectual property."

Read the complete case study

Kelly Teemant

"Flagpole offers novel social marketing techniques to partner and collaborate with the National Poison Control Center community."

VP Science & Technology, PPG Industries

"The MindMatters solution is the catalyst for generating growth opportunities and new sources of revenue."

Read the complete case study

Tom Mauss, Chief Executive Officer

"We were impressed with MindMatters’ entire Step by Step Innovation process. They helped us identify areas where we might fail, and successfully navigated around those obstacles."

"Our R&D idea submissions have tripled over the whole of the previous year."

Read the complete case study

Gregg Edwards, Chief People Officer

"Allows us to not only capitalize on the brilliance of our employees, but also to collaborate on organizational issues in a much more engaging, satisfying way."

Director of R&D

"The MindMatters software has really worked out for our team. It has enabled us to develop a process that effectively mines the innovative thoughts of R&D. Our invention disclosure count is through the roof compared to pre-MindMatters numbers."

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In 2002, 8,254 civil cases related to intellectual property theft were filed in U.S. courts.
U.S. Department of Justice
The fastest-growing U.S. companies tend to foster innovation.
Harnessing Innovation, PriceWaterhouse Coopers
In the middle of difficulty lies opportunity.

 

Albert Einstein
All told, 69 percent of the executives who participated ranked innovation as one of their company’s top-three strategic priorities.
Boston Consulting Group Survey
Intellect and innovation are the sources of virtually all economic value, growth, and strategic edge today.
James Brian Quinn, Professor of Management, Dartmouth College
The best way to predict the future is to invent it.
Dr. Alan Kay, Disney Imagineering

2015 Innovation Best Practices Survey

Step by Step InnovationJohn Gabrick

An Innovation Best Practices survey conducted by MindMatters Technologies (republished in Forbes) reveals that a significant percentage of workers believe that their efforts are not sufficiently appreciated or managed within their organizations. Specifically: Three of four respondents (77%) said their ideas are poorly analyzed or reviewed by their companies, Four of five people who took […]

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