Idea Challenge
Idea challenges are run to generate valuable ideas for a specific theme or problem. They can be used to improve top line results as well as to improve operations to become more efficient and effective. The most important reasons to execute idea challenges are:
- Strong focus ensures powerful idea generation.
- The level of enthusiasm and output of contributors remains high because of the limited timeframe.
- Relevant timing can positively influence results.
Innovation Factory has extensive experience in implementing Idea Management within large organisations. To host the Idea Challenge, we usually deploy our IdeaNet. The UPC Fiber Power Idea Challenge is a perfect example of an Idea Challenge.
Cost Saving Challenge
To help you generate cost saving ideas, Innovation Factory now offers a short, limited version of an Idea Challenge at a discounted price, centered around Saving Cost.
Cost savings
Get short term results with our IdeaNet software specifically set-up for cost savings. A couple of the benefits the cost savings Idea Challenge will deliver:

- Lots of ideas in limited time
- Direct cost savings
- Fast payback
- Engaged employees
- A proven concept
- For just €5000,-
