More Ideation means more Innovation – Simple

More Ideation means more Innovation - SimpleSpigit is a leading innovation management software company.  They recently published a research paper entitled ‘Quantifying a Culture of Innovation.’  Northwestern University’s Kellogg School of Management carried out a study of data from 154 corporate customers of Spigit over a five year period.  The findings are instructive.  They report a significant correlation between ideation rates (generating good ideas) and profit growth.  They found that four factors were particularly important for success with innovation and growth.

1. Scale of activity – the more people who participated and the more ideas the better.

2. Frequency – the more brainstorm and ideation events the better.

3. Engagement – the more active participation by people the better.

4. Diversity – the more diverse the participants in terms of roles and departments the better.

They use a metric called Ideation Rate which they define as the ration of winning ideas to active participants.  A winning idea is an idea submitted for a specific challenge which is voted upon by colleagues and rated as promising by evaluators.  The study found a significant correlation between Ideation Rate and profit growth.  They give a good Ideation Rate as 500 ideas per 1000 users per year.

They measured engagement by the level of peer voting on ideas – on average this is about 5 votes per user per year.  In the top 10 most successful companies there were 10 votes per user.

Another finding was that higher concentration of ideas – from a small active group – was much less effective than broad participation from diverse fields.

They found that focusing on process or product innovation or between sustaining and disruptive innovation made little difference.  The most important factor was that the more people who actively participate the more valuable the ideas that emerge.

The paper is 14 pages long and contains brief case studies from AT&T, United Health Group, Pfizer and EDF Energy.

Click here to download Quantifying a Culture of Innovation.

Get a Change Planning Toolkit Facilitated Project Kickoff

Wait! Before you go…

Choose how you want the latest innovation content delivered to you:

Paul-Sloane-780812Paul Sloane writes, speaks and leads workshops on creativity, innovation, and leadership. He is the author of The Innovative Leader and editor of A Guide to Open Innovation and Crowdsourcing, published both published by Kogan-Page. Follow him @PaulSloane

Posted in

Paul Sloane




How eco-friendly is the production of bikes and e-bikes in comparison to cars?

By Hubert Day | April 27, 2022

Photo by Himiway Bikes on Unsplash We are all well aware of the benefits cycling can have, both on our…

Read More

Three things young people should know about apprenticeships

By Hubert Day | March 10, 2022

Photo by Mars on Unsplash Times are changing for young people after they leave school. Once, no one went to…

Read More

Leave a Comment