HYPE Standard software for End-to-End Idea and Innovation Management
View our full service offering on Innovation Management software
HYPE Success in the Finance and Insurance Industries
Project 1: Creating a culture of innovation at Al Rajhi Bank
Challenges
The largest bank within the Kingdom of Saudi Arabia and the Gulf Cooperation Council
One of the fastest growing banks in Saudi Arabia
Needed a way to bring 8,000 employees together
Wanted to create a creative culture across all 9 business locations
Wanted to create a culture that focuses on break-through innovation
Outcomes
Implemented HYPE across 8,000 employees
A focus on campaign based initiatives engaging employees on key business challenges such as: Increasing sales of pre-paid credit cards, motivating people to use local bill payment channels and enhancing their banking proposition for women.
Over 1,000 active participants in Arabic and English during the first phase
9 new break-through, high-value innovations in implementation from the 1st year of operation
Employees now feel empowered to participate and submit their thoughts, the process and system offers greater comfort that their ideas will be considered carefully and treated with respect.
Project 2: Developing new ideas and promoting service development at PriceWaterhouseCoopers (Germany)
Challenges
Implement the four pillars of innovation management in every day work life: strategy, process, controlling, culture
Few campaigns run
Get all employees involved
Ensure sustainability to clients by detecting market development and changes at an early stage
Outcomes
Started in 2004/5 with “Innovation Days”
Launched Platform “Innovate every day 2.0” in 2011 for all employees
Interdisciplinary taks forces for top topics
Activities today:
Bottom-up: workshops for employees, approach „innovate every day“, reward system „Innovators‘ Club“, Innovators Club Award for best idea of the year
Top-down: strategic task forces, innovation scouts, brainstorming sessions
Externally: Innovation Consulting Services
HYPE Success in the Telecommunication Industries
Project 3: NOKIA; One of the largest telecommunications companies in the world builds a global market place for innovations with HYPE
Challenges
No tool was used that could bring together the different stake holders from the different networks in 150 countries
The old stage gate process turned out to be a bottle neck, blocking potential breakthrough ideas
Not all needs of the different stakeholders regarding innovation management software could be met
Nokia Solutions Networks was not able to involve partners efficiently in the innovation process
Outcomes
Rearranged the process covered within HYPE from a process driven stage and gate approach into a community approach
Nokia Solutions Networks get 15% of their revenue from new products that were captured and developed within HYPE
HYPE brings together Nokia Solutions Networks employees and partners world wide to a community driven innovation network
With HYPE, 2000 valid ideas in two years and 500 Mio. € in revenue from implemented new product ideas within HYPE were generated