How Crowdsourced Innovation Bolsters Employee Engagement
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How Polaris innovates 80% faster on Spigit
When Siemens sought fresh ideas from startups, they turned to Spigit
Campbell Soup Company uses Spigit to capture innovation anytime, anywhere, and from anyone.
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Rich, insightful content on innovation management, idea management, and all things innovation. We’ll keep you ahead of the innovation curve.
Spigit hosts a variety of in-person events as well as live webinars each month. Find out what’s coming up soon, and check out our previous recordings.
How Crowdsourced Innovation Bolsters Employee Engagement
Scott Raskin, CEO at Spigit, recently wrote an article for HR Daily Advisor that covered five key drivers for employee engagement, and how crowdsourced innovation can help.
While crowdsourced innovation is instrumental in helping companies find new growth and improvement opportunities, organizations are also recognizing the huge impact that it can have in fostering a culture of engagement and inclusion.
The reality is, traditional employee engagement tools – surveys, for example – are not effective. Billions of dollars is spent on tools, yet a significant amount of employees are still disengaged as pointed out in the article.
It’s time that HR leaders have that right solution and methodology in place to produce measurable engagement results, rather than sending yet another workplace survey.
Here are a few key takeaways from the article:
- Despite companies spending over $100 billion annually on improving employee engagement, 87% of employees remain disengaged. Traditional tools and engagement methods are missing the mark.
- Employees are more engaged when they feel connected to their company’s direction and strategy – crowdsourced innovation communicates business goals and actively involves employees in the corporate strategy by asking them to submit and collaborate on ideas on how to reach these goals.
- Crowdsourced innovation can be used to address other key drivers of engagement, including making progress on meaningful work, building trust and transparency, increasing connections to others and recognizing skills and contributions
- In addition to improving engagement, encouraging the employee base to participate in crowdsourced innovation at scale enables companies to surface a larger, more diverse pool of ideas on how to solve key business challenges, which is proven to lead to better outcomes
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