Planbox is the pioneering agile innovation management platform software provider for full lifecycle Innovation Portfolio Management, Emerging Tech Empowerment and Ecosystem Enablement. Planbox is recognized by Forrester as the top-ranking innovation management platform in the marketplace, having received the highest score in strategy and current offering in the Forrester Wave: Innovation Management Platforms, Q1, 2020. As the most robust and scalable platform on the market, we empower our clients to discover, collaborate and capitalize on the best strategically aligned concepts with their ecosystem of employees, customers, suppliers, partners, startups, academia, government and the general public to pursue breakthrough innovations, create a sustainable continuous improvement program, build a framework for corporate venturing and action on consumer insights. With over 20 years of domain expertise, 400 enterprise deployments, 5M participants and $10B of realized ROI for customers, Planbox’s AI-powered cloud-based agile innovation solutions accelerate business outcomes for some of the world’s most recognized brands, including Whirlpool, Dow, Novartis, ExxonMobil, Cargill, Bobcat, Honeywell and Sun Life.

In 2020, Planbox acquired IdeaConnection, the best-in-class open innovation platform and expert solver network. IdeaConnection by Planbox provides access to millions of diverse and brilliant minds and a global network of 20,000+ multidisciplinary experts and world-class facilitators in more than 180 countries, with an 80% solve rate for open innovation services such as public and confidential challenges, crowdsourced tech scouting and prior art search.

Planbox, a pioneer in agile innovation management solutions, launched the Innovation Center of Excellence (CoE) platform, a centralized self-service innovation management system to plan, manage, track and report on the entire innovation process and pipeline.

CoE comprises a set of building blocks that form the informational hub for your innovation program, all of which are built on the key principles you have adopted as your standard for innovation management. Completely customizable to reflect an organization’s brand and values, these blocks are:

Program:
Communicate your definition of innovation, gamification, rewards and recognition system, innovation strategy aligned with your organization’s objectives, and expected business impacts of your program and activities.
Team:
Identify the key players and sponsors of your innovation team and the best way to contact them, as well as the entire possible pool of people who participate in your innovation activities, known as your Innovation Ecosystem, which includes employees, customers, strategic partners, suppliers, startups, researchers, academia and government.
Planning:
Online tool for innovation sponsors and managers to collaboratively plan, launch, execute and analyze innovation and engagement activities.
Success:
Showcase your innovation success and lessons learned, and attract new advocates and supporters with inspirational stories and quantifiable business results that keep all stakeholders informed and the innovation program thriving.
Resources:
Aggregate resources for all innovation activity and event types, such as best practice documents, frameworks, educational videos, innovation activity templates and how-to guides.
Improvements:
Monitor performance, measure progress and drive future improvements by continuously reviewing reports on key metrics, encouraging team members to periodically complete ROI and capability assessments related to user engagement and program maturity, and analyzing investment and activity results.

Planbox Launches Real-time Collaborative Canvas

Create, deliver and capture the value of innovation concepts by bringing the key elements of an idea or concept onto a single page

Planbox, a pioneer in agile innovation management solutions, launched the Real-time Collaborative Canvas (RCC), a strategic management tool used to quickly define, collaborate on and develop a business idea or concept.

As an alternative approach to the standard business planning model, Real-time Collaborative Canvas lays a practical path for game-changing innovations, offering a clear and concise framework through which innovators can communicate the inherent value of disruptive ideas in order to pursue transformative projects and initiatives.

Using a templated approach, RCC is an intuitive way to visually build the business case for — or express the value proposition of — a concept in an easy-to-read single-page document, working through the fundamental elements of a project proposal, potential investment, or product pitch, and streamlining the business case development process by collaborating on the assumptions, costs, risks and returns before investing in an idea or a concept.

Planbox offers several pre-configured canvas templates, with a variety of export options that enable further discussion, planning and analysis with stakeholders and subject matter experts. The canvas templates are:

Business Model Canvas (BMC):
Describes, visualizes and assesses business model changes; BMC defines what value is created and delivered.
Lean Canvas:
An adaption of BMC, Lean deconstructs an idea into key assumptions and focuses on problems, solutions key metrics and competitive advantages.
Pitch Canvas:
Helps prepare a business idea pitch to potential investors; Pitch gathers and refines ideas to build a compelling story.
Flourishing Canvas:
Provides a common language that facilitates collaboration between the organization and its stakeholders; Flourishing enables teams to align on key strategic decisions regarding the economic, social and environmental aspects of the business model.
SWOT Analysis Canvas:
Describes the strengths, weaknesses, opportunities and threats of a concept; SWOT determines whether a concept fits the organization’s risk tolerance and is aligned with strategic objectives.
Business Innovation Canvas (BIC):
Provides a focused and concise picture of the innovation project being proposed. With BIC, you specify who the customers will be for the innovation, their pain points, the desired outcome of the innovation, which existing products address similar pain points or customers and how they differ, the value proposition for the innovation, cost and revenue estimates, and other information.
2 column, 3 column, 4 column:
The 2/3/4 column canvases can be used to create a pitch or a collaborative canvas for any information your team intends to convey without using one of the more specific canvas types.
Free Style:
The free style canvas has no rows, columns or sections. This canvas is ideal for brainstorming and freestyle collaboration sessions where the objective is to gather information and encourage collaboration without an initial classification.

“Real-time Collaborative Canvas is a visual online tool that greatly facilitates building a business case for new ideas and concepts, empowering your team to pitch them to decision makers with more confidence,” said Aleksandra Gutsman, Innovation Consultant at Planbox. RCC ultimately helps your organization develop and fund strategic concepts with the highest potential to deliver unique business value.”

Source: Planbox, Januarey 2021
https://www.planbox.com/