innovation

Why Return On Innovation?

You need to speak “finance” to sustain your innovation efforts long-term. Kick-starting communication and nurturing resilience is sometimes the most challenging part of monetizing innovation. It’s not surprising that almost 54% of innovating organizations struggle to bridge the gap between innovation strategy and their return on investing in innovation. To get buy-in from your organization, you …

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Business Innovation Starts With Communication

How clear your organization communicates will define whether you achieve your innovation goals or not. As companies rush to keep up with the digitization of their workforces, teams need to align on investments made and their results company-wide. On the other hand, onboarding an entire organization onto new technology without a clear direction is not …

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Outcome-driven Innovation vs. Innovation Theater

How RIDG’s BI+LD methodology prepares companies for disruption. This time last year, many companies realized their existing strategies and organizational structures could not support innovation as quickly as they needed to. Whether it’s a pandemic or another type of disruption when companies encounter a crisis, they typically do one of two things: Rapidly testing and …

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Press Release: RIDG Launches a Three-Part Return on Innovation Webinar Series

ST. PETERSBURG, FLA (March 1, 2021) —  RIDG, the innovation group helping enterprise organizations redefine their innovation strategies, is hosting a webinar series this month through May 2021 on the ROI of innovation. RIDG will host its first webinar of the year, Part 1: Innovation Planning and Building ROI, on Tuesday, March 9th at 10 …

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Generating Innovative Ideas in a Pandemic: Marriott Bonvoy Innovates for Remote Workers

During a time of mass disruption, companies need to step out of survival mode and innovate for their customers, no matter how challenging that is. I recently returned from a motorcycle vacation throughout the southeast U.S. It was a magical trip with multiple destinations from the Tail of the Dragon in North Carolina and Cherahola …

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Investing in innovation can help your business survive uncertainty.

Starbucks maintains sales during the pandemic due to innovation in mobile ordering. As budgets tighten, many CFOs and CEOs make the mistake of hitting a pause on investing in business innovation. While protecting the bottom line is critical when business isn’t necessarily booming, new innovative ideas are actually what can help corporations survive in a …

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