By tapping into the power of online competitions, businesses can unlock new levels of growth and success. Whether it’s a challenge to spark innovation, a contest to showcase creativity, or a hackathon to push boundaries, competitions can elevate your company to new heights.
In this article, we explore why entities should adopt an open innovation approach to apply citizen engagement.
Everybody knows by now that innovation is an essential part of any organization’s success. Success? it is rather “survival”! But there is no one-size-fits-all innovation technique. Terminologies like Open Innovation, Crowdsourcing, and Co-Creation can be overwhelming and confusing because they are all innovation techniques that can invite external people into a process or a project.
ICC is an innovation challenge that aims at promoting cultural fluency among students and introducing them to the multifaceted challenges that startups face, especially in developing countries.
Did you know that since 2000, 52% of Fortune 500 companies have gone down the road to failure? Technology disruptions are the main reason these companies either went bankrupt, acquired, or ceased to exist.
“FEKRETEK” was the name given to the program that invited Egyptian women to submit their ideas for evaluation, and three winners would be supported financially by Vodafone to fund their project. Using Untap, Vodafone launched Egypt’s Women empowerment platform, FEKRETEK, on March 8th.
P&G has always been a hardcore believer in the power of innovation.
The theme they constantly follow to bring new products to life is “Bringing the Best of Outside-In and Inside-Out”.