Innovation Crowdsourcing is 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. For more details, visit : https://mitidinnovation.com/recreation/what-is-innovation-crowdsourcing/

1. What is Innovation
Crowdsourcing
MITID Innovation

2. 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.

3. 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.
Innovation Crowdsourcing: An
Overview

4. 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.

5. 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.

6. 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.

7. 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.
How is Innovation Crowdsourcing
Executed

8. 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.
Choose A Platform

9. 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.
Announce The Task And Appoint The
Crowd

10. Keep connected with the
participants and solve their queries.
Manage the innovation procedure
and the responses. The
assessment process should be fair
and transparent.
Manage and Listen to The
Participants

11. 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.
Choose an Idea and Get Started

12. 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.
MIT ID Innovation-Bringing The
Innovation in Crowdsourcing

13. 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.
Conclusion

14. We’d love to
hear
from you.
MIT INSTITUTE OF DESIGN
Rajbaug,, Loni-Kalbhor, Pune-412201
innovation@mitid.edu.in
+91-7038982225 / +91 9834092369