How to Track the ROI of Your Employee Ideas Program
ROI is how you justify your programs existence, yet only 39% of organizations actually track their programs impact.
ROI is how you justify your programs existence, yet only 39% of organizations actually track their programs impact.
What is LEAPP at the University of Wisconsin Stout? The University of Wisconsin Stout (UW-Stout), Wisconsin’s Polytechnic University, is a university within the Universities of Wisconsin located in western Wisconsin. The Leading Educational Advancement through Polytechnic Pathways (LEAPP) program is a systematic approach to innovation that focuses on collection, analysis, and implementation of creative, innovative ideas for organizational transformation. Why is Innovation Important to UW-Stout? UW-Stout is focused on the
Toyota is the poster child for employee idea programs, you could say they were one of the main players who took the trend mainstream all the way back in the 1950’s as part of the “Kaizen” movement. Their employee suggestion program, known as the “Creative Idea Suggestion System,” has been effective in generating significant annual savings for the company, and the value of ideas shared has accumulated into the billions
At Ideawake, one of the most common questions we get from customers and leads is whether to include incentives for participation in their employee idea programs. Although our response is always a resounding “yes,” from a best practice perspective, only ~50% of the organizations we work with elect to include incentives. This is for a variety of reasons, but they normally fall into one of three categories: Although these are
Who is Edge? Edge began inside of Gundersen Health System as the catalyst for transformation; investing in pioneering startups and gathering transformative concepts from employees and community members, building ideas into healthcare breakthroughs that benefit us all. Now, as of December 2022, Gundersen Health and Bellin Health merged. Edge is excited to target the unified Bellin and Gundersen Health System strategic plan. This plan is targeted at the delivery of
The top 5 reasons employees stop sharing ideas based on our State of Employee Ideas in 2021 survey.
Who is FAMI and what do you do for them? Natalie Collins: Farmers Alliance Mutual Insurance (FAMI) is a property and casualty insurance company that provides insurance for farms, homes, autos, and businesses. Our home office is based in Kansas and our insurance products primarily focus on the rural markets in the Midwest region covering 8 states. I serve as the Vice President of the Enterprise Project Management Office and
Who is Jason’s Deli and what do you do for them? Amy Schuster: Jason’s deli is a family-owned deli restaurant chain, founded in Beaumont, Texas, in 1976 by Joe Tortorice Jr. As we approach our 46th anniversary, we now operate 240+ locations in 28 states. In 2005, Jason’s Deli was the first major restaurant concept to ban artificial trans fats in the U.S. and later became the first to eliminate
You know the benefits of innovation, but your boss might be having reservations. Here are some steps you can take to make the case for innovation at your org.
The best ideas come from the places you least expect, and the story of Flamin’ Hot Cheetos is no exception. Richard Montañez came up with the idea for Flamin’ Hot Cheetos while working as a janitor for Frito-Lay back in the 1980’s. Today, Flamin’ Hot Cheetos is one of Frito-Lay’s top selling products, and Montañez is an Executive for PepsiCo leading multicultural sales and community promotions across their North American