Induct

Most of today’s innovation solutions are simply software versions of the old corporate suggestion box. They do a good job of supporting idea submittal, evaluation, ranking, and decision points, and then they stop. However, the toughest and most critical portion of the corporate innovation process lies in the implementation phase, an area where many innovation process failures occur.

Partial innovation solutions force companies to use disparate project management programs to manage the back-end of the innovation process. These programs are not designed to support “open innovation.” They can’t capture the rich history of the front-end of the innovation process, and they don’t support customization of implementation processes for different innovation types. Induct delivers a complete solution that does it all.

Inspired by Henry Chesbrough's ground breaking research and books, Induct delivers the worlds only end to end Open Innovation solution platform.

In the past, participation in the innovation process has been limited to company employees. As a true “open innovation” platform based on social media practices, Induct changes all that. The Innovation Community has no physical limitations, and is infinitely extensible both inside and outside the organisation. Valuable information vital to corporate competitiveness is often available from external sources. Provided that proper security and permissions are granted by the company, all of these constituencies can immediately participate in the corporate innovation process. The result is increased levels of corporate creativity, communication, secure information sharing, and employee collaboration that lead to better decision making.

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