COVID-19: How Planbox customers are fighting back
MONTREAL, March 20, 2020 /PRNewswire/ -- Planbox, a pioneering cloud-based, AI-powered, agile innovation management platform, today launched an ongoing series of COVID-19 Business Threat Challenge Starters to support the company's clients in their ideation initiatives in areas of advanced research, rapid prototyping and commercialization by virtually engaging their innovation ecosystems amid the coronavirus outbreak.
Since the start of the pandemic, organizations have been thrust into a vicious circle of uncertainty where shutdown orders, remote work, employee absences, and salary/budget cuts are dramatically increasing, which, in turn, is resulting in dwindled engagement and delayed decision-making on the part of employees, customers, partners and suppliers. Looking to overcome these setbacks, Planbox customers have quickly turned to collaborative problem-solving supported by the platform's open innovation capabilities.
Consisting of Challenge Focus Topics updated in real-time to reflect current events and their customers' most pressing priorities, concerns and requirements, Planbox's COVID-19 Business Threat Challenge Starters are helping clients take the fight against COVID-19 online. At a time when social distancing is the norm, open innovation solutions such as Online Innovation Labs is the preferred weapon of choice to maintain participation, facilitate coordination, and streamline meaningful engagement between local and global networks of internal and external communities; some Planbox customers are crowdsourcing beyond their immediate networks by collaborating with their broader ecosystem of strategic partners, startups, academics, researchers and other stakeholders to make better and more informed decisions in response to this health risk, new trends, threats and opportunities as they arise amid this crisis.
"The urgency for innovation is just as important for the now as it is for the future," said Sara Husk, Chief Customer Officer of Planbox. "Innovation is more than just improving current business processes or offerings in response to a crisis. Collaborating and crowdsourcing on this scale and to this degree is also about proactively surveying a fluctuating market, and improving our ability to identify key focus areas and opportunities while simultaneously contributing to an ever-growing virtual treasure of knowledge that can be leveraged during and after the COVID-19 pandemic."
View Planbox's COVID-19 Business Threat Challenge Starters at URL https://www.planbox.com/covid-19-business-threat-challenge-starters/
Planbox's Agile Innovation Management Suite is a modular platform for full lifecycle Innovation Portfolio Management, Emerging Tech Empowerment and Ecosystem Enablement. The AI engine mines your data for insights while your community collaborates to discover, develop and capitalize on the best strategically aligned ideas within your ecosystem of employees, customers, partners, academia and startups. Planbox accelerates business outcomes by pursuing breakthrough innovations, creating a sustainable continuous improvement program, building a framework for corporate venturing and actioning on consumer insights. Planbox is trusted by some of the world's most recognized brands, including Blue Cross, Cargill, Dow Chemical, Exxon Mobil, Honeywell, Novartis, Ontario Power Generation and Whirlpool.
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Leveraging The Power Of The Crowd
Whether we like to admit it or not, the COVID-19 pandemic is having significant impacts on companies and individuals alike. Since the start of the outbreak, we've been thrust into a vicious circle of uncertainty where shutdown orders, remote work, employee absences and salary/budget cuts have dramatically increased, which in turn has dwindled engagement and delayed decision-making on the part of employees, customers, partners and suppliers.
Right now, one of the most widely talked-about practices to overcome these sudden setbacks is leveraging the power of the crowd to identify the best ideas and develop the best solutions for your organization's most pressing challenges. This can be achieved by crowdsourcing your immediate network of employees, customers and partners, or by involving your broader ecosystem of startups, researchers and virtual networks of problem solvers.
Create Mutually Beneficial Business Outcomes
Building and maintaining meaningful engagement between different crowds will allow your organization to discover the best opportunities to focus on, identify emerging trends and threats, develop new solutions, and make more informed decisions that ultimately create mutually beneficial business outcomes in these turbulent times.
That's why we put together a set of Challenge Focus Topics to support these outcomes in your organization as the coronavirus outbreak continues to evolve. Just as we shared them with our own community, we now want to share them with you to support your organization in its efforts to effectively develop winning solutions in response to any setbacks it may experience as a result of the pandemic. After all, collaborative problem solving is key, especially in times of uncertainty.