Innovation Crowdsourcing - MIT ID Innovation

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What is Innovation Crowdsourcing MITID
Innovation
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Every business, big or small, faces challenges in
its tenure. The challenges demand innovation
however, human resources fail to provide a unique
solution. The solution to dissolve these
challenges is sometimes quite hard to find, with
a dozen other problems circling. Thus, companies
face a major creative block and lack of
inspiration. In such a situation, companies use a
method known as Innovation Crowdsourcing.
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Innovation Crowdsourcing An Overview
Innovation Crowdsourcing can be defined as a
business practice that demands the company to
engage its internal and external networks to
generate ideas and innovative solutions to solve
a problem within an end-to-end innovation
process. This kind of crowdsourcing is often
confused with outsourcing of innovation
activities. However, it is just an outlet for
connecting with various knowledge sources.
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Other than solving a problem, innovation
crowdsourcing helps in bringing something
exceptionally innovative to the table. It leads
to new collaborations of individuals and their
thought processes. Companies do Crowdsourcing
internally, amongst their employees, or a word is
spread amongst people across the globe. Companies
even partner with their competitors to develop an
innovative idea that benefits them both.
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Innovation has always been a tough nut to crack
for companies worldwide. Thinking of out of the
box ideas is easier said than done. According to
a survey, 84 of CEOs believe that is one of the
most effective strategies for business growth.
Companies encourage their employees to take up
innovation training and courses to instill
innovation.  
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By enrolling in innovation courses in Pune, you
can easily enhance your value, intellect, and
resourcefulness. In fact, crowdsourcing of
innovation brings together different minds to
form something valuable.
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How is Innovation Crowdsourcing Executed
Crowdsourcing can seem difficult, but the
following steps can make it happen Design the
Challenge Create and design the exercise or
challenge which the participants will have to
solve. Ensure that instructions are clear for the
participant to understand. Questions like the
purpose of the exercise, what you require the
participant to do, who will look into the ideas
given by them, etc.
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Choose A Platform
You need to ensure that your task reaches the
right kind of audience. Market the exercise
keeping in mind the audience you want it to
reach. After choosing a platform, you can release
the task and recruit the crowd which you think
would be suitable for the task.
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Announce The Task And Appoint The Crowd
After choosing a platform, you can release the
task and recruit the crowd which you think would
be suitable for the task. You need to ensure that
your task is reaching the right kind of audience.
Market the exercise keeping in mind the audience
you want it to reach.
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Manage and Listen to The Participants
Keep connected with the participants and solve
their queries. Manage the innovation procedure
and the responses. The assessment process should
be fair and transparent.
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Choose an Idea and Get Started
Select the winning idea and build your product or
solve your challenge. Ensure that the winning
participant receives proper recognition and is
awarded. Declare the idea to the public in a
captivating way.
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MIT ID Innovation-Bringing The Innovation in
Crowdsourcing
To develop your innovative thinking and become an
asset, MIT ID Innovation offers you immersive
innovation courses. Courses on design thinking,
digital transformation, and innovation
experience design will provide you with a brand
new perspective. Our on-campus courses provide
wholesome practical and theoretical experiences.

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Conclusion
MIT ID Innovation Programme curates knowledge and
experiences that challenge the very paradigm of
evolution. And that's why we have set out to
define the future of industries, communities,
cities and ecosystems. MIT ID Innovation offers
the best Innovation Courses in Pune.
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Wed love to hear
from you.

• MIT INSTITUTE OF DESIGNRajbaug,, Loni-Kalbhor,
  Pune-412201

• 91-7038982225 / 91 9834092369

• innovation_at_mitid.edu.in