Definition
The innovation pipeline is the pathway for ideas from initial registration over development to launch or implementation. Innovation managers typically keep track of the innovation pipeline to see if ideas are moving ahead as planned.
The innovation pipeline is a way of managing ideas and reporting on the progress of the innovation processes. The pipeline resembles the steps of the innovation process starting from the early ideation stage (for example in an idea campaign or innovation challenge), over validation and incubation, to acceleration and scaling. Once an idea is transferred to a business unit, the responsibility is typically transferred to that unit. There is typically a set of KPIs relating to the innovation pipeline that will enable managers to manage resources across the pipeline and to make sure that strategic goals can be realized. A weak pipeline is a common motivation for starting an idea campaign or innovation challenge.
Idea management is the structured process of managing ideas from ideation through evaluation and refinement to selection. Many companies use an idea management platform to support this process (the Nosco platform is an example of this).
An Idea Campaign is a time-bound, topic-focused initiative to ideate, screen, develop and validate ideas. It is used to address business or technical problems that require input from a broad group of people. The idea campaign is a simple method to quickly solve small and big problems…
Ideation is the creative process of conceiving and shaping new ideas. It includes everything from the first thought or inspiration to the formulation of an idea. In the context of an innovation challenge, it refers to the initial phase in which ideas are submitted online and…
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