Incentives work to encourage ideas

Young employees in particular would contribute many more ideas with incentives We recently revealed the results of an Employee Innovation Survey. The purpose of the survey was to determine if employees have a voice in helping their organisations succeed. Innovation was defined simply in the survey as “implementation of ideas that add value”. There are many employee engagement surveys but not employee innovation surveys. It’s a good sign that 73% of employees are offering ideas without an incentive to do so. Recognition of ideas is a strong motivator. It’s one thing to contribute ideas to an organisation, but it is even more important to know that you have been heard. Only 27% of organisations provide an incentive to contribute ideas; however, 58% of respondents (65% male and 53% female) said they would provide more ideas if there was an incentive to do so. Significantly, however 87% of 18-35 year-olds said they would contribute more ideas if an incentive was offered and it seems sensible that Management should encourage ideas from young people who have them. The IdeaSpies Enterprise platform provides businesses with the opportunity to encourage all employees to contribute and implement ideas that may increase productivity and staff engagement. Incentives can be part of the process. David Thodey AO, Chair of CSIRO and Jobs for NSW, said “I really like the IdeaSpies Enterprise solution. I have a strong view that the best source of innovation is your staff. They know the business and how to improve it better than consultants. The issue has always been how do you provide an open forum for those ideas?” Management needs to stop feeling comfortable about the way they do things – for example by saying ‘that’s the way we have always done things’. In organisations like this, employees who suggest new ideas can be seen as a threat. In more progressive organisations, innovation is part of the culture- a continuous process where employees are encouraged to suggest ideas. Progressive organisations are getting rid of 20th century silo thinking and need managers who have vision, imagination and drive (VID) Those who have VID are quick to see the value of ideas and proposals and have the drive to implement them. The Employee Innovation Survey was sent to about 2,000 employees, with 18% responding and volunteering extensive comments. A full report on the results with charts and comments is now being prepared. Please contact me if you’d like to receive it. Lynn Wood ph +61 418 966 625 lynn.wood@IdeaSpies.com IdeaSpies Enterprise

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Free public transport

By summer 2019 all public transport in Luxembourg will be completely free. Luxembourg has the highest car-to-person rate of any nation in the European Union:- 662 cars for every 1,000 people. Every day the population of its capital city swells five-fold due to commuters. The hope is that eliminating all fees for public trains, trams, and buses will encourage more people to use those service. Not only would that decrease personal vehicle traffic, it would also be better for the environment. A few cities in Germany are also trialing this idea. https://futurism.com/luxembourg-public-transportation-free

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A non-invasive way to diagnose and treat IBS

Gastrointestinal diseases, such as Irritable Bowel Syndrome (IBS) are extremely common, affecting up to 20% of people in western countries. Symptoms include pain, bloating and altered bowel habits. It can be debilitating, embarrassing, and have a huge impact on quality of life. Current methods for diagnosing IBS typically include invasive tests, such as s colonoscopy. The Noisy Guts Project is developing an acoustic belt that records gut noises over time so doctors can accurately screen, diagnose and monitor gut disorders and diseases. Their Fitbit for the gut helps patients identify triggers and symptoms. www.marshallcentre.uwa.edu.au/research/the-noisy-guts-project

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Are you the only one in your company who is passionate about innovation?

Employees could contribute many more ideas than they do now You might think that you’re the only one in your group who is passionate about innovation however many more are- they’re just not being heard. IdeaSpies Enterprise, a platform for ideas that will improve business performance, has revealed the results of an Employee Innovation Survey. The purpose of the survey was to determine if employees have a voice in helping their organisations succeed. Innovation was defined simply in the survey as “implementation of ideas that add value”. There are many employee engagement surveys but not employee innovation surveys. 76% said they could contribute more useful ideas than they do now, especially those who are 26-35 years old (89%). When asked what would make it easier for them to contribute ideas the top response was 45% wanting a software tool/digital platform that’s easy to use, with lower management particularly in favour at 59% as well as organisations with 5,000 plus employees at 64%. Psychological safety is an important issue to consider when encouraging ideas from employees. Many think their ideas aren’t good enough. Therefore they don’t want their name linked with an idea that’s seen by others. Similarly, many at lower levels are concerned that their idea will be judged by their level in the organisation rather than its quality. Therefore they don’t contribute ideas. IdeaSpies Enterprise solves this problem by offering employees the opportunity to post their ideas anonymously, with a fun IdeaSpies name. Many take advantage of this opportunity so only their names can only be identified after ideas are judged for implementation. The Employee Innovation Survey was sent to about 2,000 employees, with 18% responding and volunteering extensive comments. A full report on the results with charts and comments is now being prepared. Please contact me if you’d like to receive it. Lynn Wood ph +61 418 966 625 lynn.wood@IdeaSpies.com IdeaSpies Enterprise

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Using data to make smarter decisions

Daitum won Asia Pacific’s largest start up pitch competition StartCon and an $1 million investment from Right Click Capital. It’s an Australian-based AI company born out of the vision to make decision analytics accessible to everyone, Data is the new black. Advances in IOT technology and connectivity mean data is ubiquitous. But business value comes from action, not the data itself. And while predictive data analytics is great, it doesn’t tell you what to do with the insights it generates, leaving the most important part of the business equation unanswered. Decision analytics bridges this gap, turning data into action and automating the answering of the “what should I do” question. With decision analytics, businesses can make smarter more-informed decisions backed by justifiable actions based on their own data. It’s said to be the next big thing in computing.   https://daitum.com/

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How to get your startup better known with publicity

It has taken you some time getting your entrepreneurial journey started. Luckily for you, you were able to spot a profitable business or develop your own. The task ahead of you is to create brand awareness. You have to collaborate with your customers to be able to make them aware of your business and the products and services you offer. The following are the best ways you can make your start-up well known by publicity through guest posting. What is guest posting? Guest posting can simply be defined as the act of contributing to another web owner’s or blogger’s website. How do you get started?                                                     The first step will be to search for an authority website that allows contributors. You can search over the internet for relevant sites that have blogs You can find them on social media or forums. Be on the lookout for brands or people who get talked about a lot in your niche or industry as well as noted authors and influencers. Examples of authority websites you can contribute to are www.outbrain.com  www.huffingtonpost.com  www.about.com  and www.IdeaSpies.com which all have impressive global ranking. There are also many magazines that may be looking for guest writers. Once you establish an authority publication to write for, reach out. Do a pitch, identify yourself and express your interest in contributing..  When you have done your pitch, you need to sit back and wait for approval. The time it will take for you to get feedback will depend on how busy the webmaster and editors are. They are getting requests from other bloggers to contribute to their sites. Ask for feedback. The publication may be able to suggest ways to improve your post. When your post is published share it to your social media. When you do the value of the post is maximised. What role does guest posting play in making your business known publicly? 1.    It allows you to share your news with more people Guest posting will expand the size of the audience you will be able to reach. You already have an audience. If you contribute to a relevant website, you will be able to draw more audience to your site. Provided you contribute quality and relevant content you will be able to increase your following: which signifies that your brand has more value. 2.    Link building By guest posting, you will be able to build links for your website: which is a smart move. Remember that search engines consider quality backlinks in ranking a site on search results. If you do it well, guest blogging will earn you backlinks and in turn, search engines will rank your site more highly.  Hence your site will be easier to find. A bigger audience will be able to find you, therefore your brand will become better known.                          3.    Building relationships While guest posting, you will be able to establish relationships with other web owners and bloggers. Most of them are influential in the market and they could help you to be influential. 4.  Guest posting will improve your online authority There is no better way of improving your online authority than guest posting. When you contribute to a brand or business that already has authority you will gain credibility hence  more brand awareness . 5. Honing your content marketing skills The best way to learn content marketing is by doing it. For your brand to be known publicly your content marketing skills should be on point. Guest posting will give you an arena to research and an opportunity to learn. Through guest posting you will experience growth in every area of content marketing, which you can use to grow your own brand by increasing awareness. Guest posting is one of the surest ways of creating brand awareness. If you have not yet put it to the test, use these guidelines to get started, and it will be worth your while. Dancun Kingori   Dealstream

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How serious are you about innovation?

IdeaSpies Enterprise, a platform for ideas that will improve business performance, has released the results of an Employee Innovation Survey. The purpose of the survey was to determine if employees have a voice in helping their organisations succeed. Innovation was defined simply in the survey as “implementation of ideas that add value”. It’s good to see that 84% of leaders are talking about the need for innovation, but only 69% of employees believe the culture of their organisation actually welcomes new ideas. This result indicates there is a significant gap in organisations ‘walking the talk’ on innovation. Organisations that offer an idea capture tool for employees to contribute ideas have much better scores- 88% of employees believe their organisations welcome new ideas. Frustration was expressed when organisations said they wanted innovation but were not resourcing it. Management often give the illusion of wanting ideas, but then lack the skills to capture ideas in a simple way, give feedback and implement good ideas. Management needs to stop feeling comfortable about the way they do things – for example by saying ‘that’s the way we have always done things’. In organisations like this, employees who suggest new ideas can be seen as a threat. In more progressive organisations, innovation is part of the culture- a continuous process where employees are encouraged to suggest ideas.” The survey was sent to about 2,000 employees, with 18% responding and volunteering extensive comments. A full report on the results is now being prepared. Please contact me if you’d like to receive it. Lynn Wood ph +61 418 966 625 lynn.wood@IdeaSpies.com IdeaSpies Enterprise  

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A digital library for indigenous communities

A digital library for indigenous communities

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A new tool to improve fisheries management

fishIDER – the fish Identification Database and Educational Resource – is a new technology that helps to monitor and manage fisheries, developed by CSIRO. It’s now being used by Indonesia’s Centre for Fisheries Research and is expected to benefit researchers and industry worldwide. It is fundamental to accurately identify fish species that have been captured. The catch data collected are used to generate stock assessments. These inform important management decisions, such as catch quotas and maximum sustainable yields. https://www.fishider.org/

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An event that brings your idea to life!

Do you have an idea for your own start-up ? Or an idea that can help in a crisis, such as as helping farmers in drought or people with a disability? Or do you like brainstorming ideas with others and creating solutions? This new type of event, trialed during Spark Festival, is your chance to test an idea on Dec 4 in Sydney. You’ll be able to temporarily post it online with an image and an elevator pitch so others in the group can quickly understand it and offer feedback. We will run you through idea generation, including through the lean start-up methodology, and how crowdfunding can be used to help get your idea off the ground. A small prize will be given to each of the top two ideas judged on the day.  Register here

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Survey finds employees believe they are the best source of innovation

Over 90% of employees believe they are the best source of innovation Over 90% of employees would be more likely to stay with their organisations if they could contribute more ideas Sydney, 15 November 2018 – IdeaSpies Enterprise, a platform for ideas that will improve business performance, today revealed the results of an Employee Innovation Survey. The purpose of the survey was to determine if employees have a voice in helping their organisations succeed. Innovation was defined simply in the survey as “implementation of ideas that add value”. There are many employee engagement surveys but not employee innovation surveys. Lynn Wood, founder of IdeaSpies, said “This survey demonstrates the importance of harnessing employees’ ideas through a simple tool that gives them a voice. A key finding is that over 90% of employees believe they are the best source of innovation, with 57% strongly agreeing and 34% agreeing. The IdeaSpies Enterprise platform provides businesses with the opportunity to encourage their employees to contribute and implement ideas that may increase productivity and staff engagement.” David Thodey AO, Chair of CSIRO and Jobs for NSW, said “I really like the IdeaSpies Enterprise solution. I have a strong view that the best source of innovation is your staff. They know the business and how to improve it better than consultants. The issue has always been how do you provide an open forum for those ideas?” When respondents were asked how they contributed ideas in their organisations 76% said direct to their boss and 62% said through a team. Teams that are diverse and inclusive drive and support innovation. They can implement quick wins. 90% of employees have had their ideas adopted and 76% said they could contribute more useful ideas than they do now, especially those who are 26-35 years old (89%). When asked what would make it easier for them to contribute ideas the top response was 45% wanting a software tool/digital platform that’s easy to use, with lower management particularly in favour at 59% as well as organisations with 5,000 plus employees at 64%. Only 26% of employees said that their organisations offer a software tool/digital platform to contribute ideas, including 41% of organisations with 5,000 plus employees. When an innovation tool is provided, 75% of employees use it, males 81% and females 68%. Perhaps women need more encouragement in some organisations though they have been well represented as winners in programs run by KPMG with IdeaSpies Enterprise. Tony Nimac Partner in charge of KPMG Enterprise NSW said “We trialed IdeaSpies Enterprise last year and have continued to use it. It was very well received by staff. It’s thought provoking, fun and easy to use, with no training needed. People see the tool as an opportunity to suggest ideas that could improve the way they work. In addition to specific ideas, we’ve seen themes coming from the ideas that have led to improvements. We give selected staff the opportunity to implement ideas they suggest and have benefited from improving staff engagement.” Employees want more power to implement ideas they suggest. They also want management to be more supportive in testing ideas. 23% said nothing happened with their ideas and many were annoyed when time was spent developing an idea and either they weren’t empowered to test it, or they received no feedback on why it wouldn’t be accepted. Feedback was shown to be important in building employee engagement. Another key finding is that over 90% of employees would be more likely to stay with their organisations if they could contribute more ideas. Significantly, 98% of lower management would be more likely to stay. Losing employees who want to contribute more would be a significant cost to these organisations. Progressive organisations are getting rid of 20th century silo thinking and need managers who have vision, imagination and drive (VID) Those who have VID are quick to see the value of ideas and proposals and have the drive to implement them. Lynn Wood said “It’s a good sign that 73% of employees are offering ideas without an incentive to do so. Recognition of ideas is a strong motivator. It’s one thing to contribute ideas to an organisation, but it is even more important to know that you have been heard. “Only 27% of organisations provide an incentive to contribute ideas; however, 58% of respondents (65% male and 53% female) said they would provide more ideas if there was an incentive to do so. Significantly, 87% of 18-35 year-olds said they would contribute more ideas if an incentive was offered. “It’s good to see that 84% of leaders are talking about the need for innovation, but only 69% of employees believe the culture of their organisation actually welcomes new ideas. This result indicates there is a significant gap in organisations ‘walking the talk’ on innovation. Organisation that offer a tool for employees to contribute ideas have much better scores. “Frustration was expressed when organisations said they wanted innovation but were not resourcing it. Management often give the illusion of wanting ideas, but then lack the skills to capture ideas in a simple way, give feedback and implement good ideas. “Management need to stop feeling comfortable about the way they do things – for example by saying ‘that’s the way we have always done things’. In organisations like this, employees who suggest new ideas can be seen as a threat. In more progressive organisations, innovation is part of the culture- a continuous process where employees are encouraged to suggest ideas.” The Employee Innovation Survey was sent to about 2,000 employees, with 18% responding and volunteering extensive comments- see below. Having established a benchmark, it’s now possible for individual organisations to use the survey to compare their results with the benchmark. A full report on the results with charts and comments is now being prepared. Please contact Lynn Wood if you’d like to receive it. Media Contacts: Antonino Blancato Financial & Corporate Relations (FCR), ph 02 8264 1009 a.blancato@fcr.com.au Lynn Wood IdeaSpies Enterprise, ph 0418 966 625 lynn.wood@IdeaSpies.com Employee Innovation Survey comments at the end (excluding many that were very complimentary of the survey) My organisation’s leader is fixated on innovation however doesn’t have the resources to fund it. It’s extremely frustrating as the health of the business is crumbling. It’s one thing to contribute ideas to an organization but it is even more […]

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