Induct

An important element to create a stronger culture for organizational innovation is employee incentives. It is important that work related to corporate development has strategic priority and is reflected in employee recognition, reward, and compensation models.

With Induct, defined activities or achievements will be tracked and linked to pre-defined points. You will be able to award “this month’s/year’s innovator” or “project X/Y innovator.” You can also identify and manage outstanding talents in your organization; making sure these key employees remain happy and motivated.

All communication, documents, tasks, and decisions are supported within the Induct platform. In addition, you can share market information or impulses, discuss trends and competition, and post for feedback any type of innovation-related information. With proper access, external constituencies can seamlessly join in these types of discussions, realizing the full benefits of open innovation.

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