IBM Social Business154
Q4: What 'forces' are driving the need for organizations to be more innovative, and how can engagement help with this?
ProjExec
A4 Globalization. Companies must use all of their “eyes” to recognize potential value from innovations inside and outside the firm.
Matt Denning
@ProjExec AND at lower costs
ProjExec
A4 Globalization. Companies must innovate; the status quo can be copied at a lower overhead.
stacimckee
Competition. The need to be essential to their business.
Tim O'Rourke
ever present competition demands speed to gain advantage
Brian Fanzo
Forces.... PEOPLE.. people want to work somewhere that is driving change and making a difference.. if your organization isn't then people will leave!
ProjExec
@mdenning8 You're too fast for me :)
Mark Babbitt
Competition! Someone in their garage, doing a side gig, is ready to launch a new idea. Are you ready?
Colleen Stone
The need for new ideas & updating existing concepts.
Meghan M. Biro
A4: Ideally culture fosters retention & growth. Enables #Innovation & #EmployeeEngagement
Michelle Cooke
A4: Data, mobility, competitive pressure
Richard Douglass
One issue is that as the "low hanging fruit" of opportunity gets picked, it becomes a challenge to dig deeper to find new sources of value
Marie Wallace
The pace of change is too fast for a "business as usual" approach, we have to evolve fast and execute faster.
Casey Lucas
A4: @ProjExec - Agreed, Globalization, Growth, Competition. The more an org is engaged internally/externally, the better off they'll be!! #TedatIBM @IBMSocialBiz
Sarah Gibb
A4: Ever changing technology and capabilities. Want to be the first mover.
Clement Coulston
Co-investment into the vision of the company & the project itself.
Isabel Guerrand
Attention is hard to attain. Competition is fierce. Authenticity scarce. Bring the value & build trust.
Rafael Beltrao
changing in all ends. Employees change, customers change, technology changes, everything changes in such a pace that #innovation becomes crucial!
Tim Crawford
A4: Changes in consumer behaviors and the rate of technology awareness drive COs to innovate.
Luanne Pavco
A4: The rate of change and availability of information
Rohan Ramesh ⚽
smaller startups are more nimble and innovate more frequently than larger ones hence the need for established companies to foster in house innovation in order to compete
Maria Winans
Staying one step ahead of the competition drives innovation.
Amy Tennison
2 of 5 CEOs expect their next competitive threat to come from orgs outside their industry requiring them to completely re-think workforce design/processes http://www.slideshar...
Emilie Mecklenborg
A4 Increasing competition in the market will force orgs to innovate or be left behind.
Amber Armstrong
Employees have a great pulse on what customers want. Engaged employees are best at innovating
Andy Jankowski
increased competition and a subpar economy ... executives and employees can only solve the problem if they engage with one another #TEDatIBM
Pete Marshall
as the old saying goes 'if you're not disrupting your own business, someone else will'.
Richard Craik FCCA
Customers demand innovation directly or indirectly. Their restless need for better, cheaper, faster should drive everything organizations do #TEDatIBM
Kushaan Shah
A4: In an evolving world, consumers are demanding a faster and more efficient way to meet their needs #TEDatIBM
Clement Coulston
the main 'force' that can curate innovation is the force within. Are you ready?
Michelle Cooke
A4 Engagement brings ideas to light sooner/faster
jutreiger
people are changing fast with technology and impulsing more change. Organizations are tuned to that and need to keep up.
Maria Winans
Engaging with the consumer to discover the direction of innovation is key
Daniel Davis
@AmyTennison That's a huge shift from how things used to be!
Meghan M. Biro
A4: Truly Recognizing employee potential is critical. A pat on the back is not enough
Matt Denning
the use of #crowdsourcing can provide quicker product development WHILE #engaging with the consumer
Colleen Stone
"Necessity is the mother of invention."
Isabel Guerrand
@ProjExec Yes, fast turn around on copy cats. Innovation thru out supply chain is needed. Not just prod and services.
Vito Abrusci
@AmyTennison re-think design and processes is the foundation for innovation ;-)
Martha Mealy
A4: with the Internet and Social Media, the barriers to entry to the market are nonexistent!
Kristi Eells
Customers expect to be engaged as individuals, meaning businesses need to be more nimble and act/react more quickly. An engaged, connected workforce leads to better customer service/experiences
Daniel Davis
@danielkdtwt Companies used to know who their competitors were!
Amy Tennison
Also, by 2015 millenials may make up 75% of the workforce. How are we engaging them?
Rebecca Wissinger
New improved technology like mobile...& we're all social now! The consumer's voice has a lot more power, businesses have to be better & better
Eldon Fields
Global market competition is driving the need to be innovative. Much of the quick wins in the market place need to be updated by different ways of looking at a challenge.
ProjExec
Engaging with your employees allows you to learn new applications for existing innovations. That's an innovation too.
Mark Babbitt
The Social Age means competition comes everywhere now. We truly compete in a global world.
Emilie Mecklenborg
a4 Engagement and innovation include passion and hunger for continuous learning. New growth & learning inspires new ideas and new ways of profit
Jason Eng
Competition and technology. The fact that people can information is so easily available to everyone.
stacimckee
And with so much consumer choice available today, loyalty has become more vulnerable than ever before.
alfredo moncada
Competition and new companies.. we need to learn from collagues how they educate new generations and adapt it.
Tamara Gunter
A4: I would like to think that force is the customer. A genuine desire to improve lives and delight!
Richard Douglass
Technology has created such an explosion of possibilities that the challenge is to find innovative applications to old problems
Ted Coiné
@iSocialFanz And the top talent (with the most options) are the first to leave, snowballing failure.
Fredrik Tunvall
its customers expect it.
Melinda Kretz
People want to do meaningful work -- spending time on something that isn't driving value isn't fulfilling
Paige Sandhu
@AmyTennison Million dollar question! #Millennials expect transparency between themselves (as customers) and a company. Maintain high level of transparency, *truly* engage with them, and the company will win a #millennial #forlife
Isabel Guerrand
@LuannePavco Innovate at every customer touchpoint--not limited to products/services.
Amber Armstrong
the impact of big data, mobile, social, and cloud is a major influencer on innovation
Richard Craik FCCA
Innovation and Engagement are intrinsically linked. You can't be successful at one without the other #TEDatIBM
Jason Eng
@stacimckee Agreed. Loyalty isn't what it once was.
Michelle Cooke
A4 sometimes it is industry or gov regulations/requirements that drive requirement
Shelly Lucas
Forces that drive innovation = shared beliefs & commitment to manifesting the business vision.
Meghan M. Biro
A4: Employee expectations require new modes of work & productivity. Brace for Change.
ProjExec
@TamaraGunter Yes, customer expectations have changed. They aren't willing to wait for you, they'll move the now-trivial switching costs to get what they want.
Rohan Ramesh ⚽
many of your employees are also socially active, engaging them would get fresh innovative ideas and perspectives that can help your business be more competitive
Brian Fanzo
@ambarmstrong Agree Amber.. Empowers are now powered by more information and data than ever before to make decisions about what they think is SUCCESS not what companies tell them!
Isabel Guerrand
@petemarshall77 Love it. Shake it up or break it up! Look at ways to improve b/c someone else is already doing that!
Clement Coulston
If I do not feel valued, my innovation can be impacted. We must not forget the human component in leadership..
Meghan M. Biro
Amazing content and community unfolding here today!
Blake Hilstrom
at home experience is now the at work experience
Pete Marshall
@IGuerrand Exactly. Shake or break! Love it.
Brian Fanzo
Being connected and able to work from anywhere opens the possibilities of companies you watn to work for!
Colleen Stone
@ProjExec It's rough, but shows that innovation is necessary.
Paige Sandhu
@ProjExec @TamaraGunter Take Uber & Lyft as a perfect example of customers no longer willing to wait! We don't want to wait outside for a taxi to mosey on by, we want a ride whenever we so "demand"
stacimckee
@iSocialFanz Couldn't agree more!
Meghan M. Biro
A4: Good Leaders Can Bring Productivity To Disengaged Employees
Mark Babbitt
A4: We used to compete against "the big boys". Now we compete against a coding graduate of Khan Academy.
Shelly Lucas
A4: The digital age & self-educated buyers are driving established B2B enterprises to transform. Engagement is critical for employees to cope with changes.
Maria Winans
@paige_sandhu Great examples! The consumer really is the biggest 'force'
Kevin Ellen
- Globalization coupled with Social media and mobile sharing drive the need for faster innovation.
Ted Coiné
A4 Want innovation? Don't focus on innovation. Focus on hiring for attitude and doing all YOU can, as leaders, to keep that attitude POSITIVE!
Tim Crawford
@ambarmstrong Yes! A recent presentation: SMAC as it impacts business growth and agility. http://www.slideshar...
Leveraging SMAC for Business Growth and Agility
SMAC is the culmination of Social, Mobile, Analytics and Cloud. IT organizations are facing significant pressure to remain relevant by contributing to top-line…
SMAC is the culmination of Social, Mobile, Analytics and Cloud. IT organizations are facing significant pressure to remain relevant by contributing to top-line…
Joolz Lewis
The need to create social value is driving innovation - it's got to be about more than pure profit #TEDatIBM
Laurie Johnson
Mobile - consumers expect to have instant access to relevant content and contextual experiences. Companies need the right tools and insights to engage w/consumers at this level.
Maria Huntalas
@iSocialFanz So true! What we do @ibmsocialbiz
Jim Canto
.@IBMSocialBiz A4 "Time to market" is a driving force. Web savvy competitors can build and launch in days, weeks or months...not years. Quality engagement, internal and external, sheds light into the dark corners where opportunities and advantag can hide.
Kimberly G. Starks
Millenials enjoy conversation just not in traditional forms. Don't just push information. Be responsive. Answer! #TEDatIBM
Bob Pulver
A4: missed this earlier. If you don't engage workforce on innovation, they'll go innovate elsewhere