Innovation Station

Innovation Station, developed by Valvora, is a platform designed to facilitate idea generation, collaboration, and implementation within organizations. According to the vendor, it serves as a suggestion box, providing a centralized space for employees to submit ideas, vote and comment on them, and track their progress through various stages of development. Innovation Station is suitable for companies of all sizes and caters to professionals in various roles, including employees, managers, executives, and innovation teams. Industries across the board, including technology, manufacturing, healthcare, finance, and retail, are said to benefit from the capabilities of Innovation Station.

Key Features

Collect Ideas: According to the vendor, employees can easily access the Innovation Station application on any company computer, smartphone, or personal device to submit their innovative ideas. The platform allows for anonymous idea submissions and enables employees to vote and comment on ideas within the organization.

Cast Votes: The vendor claims that with Innovation Station, employees have the ability to vote on the ideas submitted by their colleagues. The voting process is described as simple, accessible, and inclusive, allowing everyone to participate in the decision-making process.

Critique Ideas: Innovation Station is said to encourage a culture of constructive criticism and collaboration by providing a platform for employees to provide feedback and comments on the ideas submitted. According to the vendor, this fosters the improvement and refinement of ideas through valuable insights and suggestions.

Review Analytics: The vendor states that administrators and executives can gain valuable insights by reviewing the analytics and data generated by Innovation Station. These analytics are claimed to help inform decision-making processes and provide a data-driven approach to evaluating and prioritizing ideas.

Research Ideas: According to the vendor, once an idea reaches a predetermined vote count, the innovator is granted permission to begin the investigation phase. Innovators are said to have access to specified resources and a defined timeline of approximately 30 days to explore and develop their ideas further.

Pitch Idea: Innovators who have developed their ideas during the investigation phase have the opportunity to pitch them to executives. According to the vendor, this final pitch includes a presentation of the idea and its potential benefits, allowing for direct communication and evaluation of the idea's viability.

Persist Pivot (3-5 Iterations): Ideas that progress to the incubation phase are claimed to undergo 3-5 iterations of development and refinement. Innovators are said to have the flexibility to pivot the idea if necessary, ensuring alignment with organizational goals and objectives.

Minimum Viable Product: During the incubation phase, innovators focus on creating a minimum viable product (MVP). According to the vendor, this prototype or small-scale version of the idea can be tested and validated, providing valuable insights for further development.

Measure Move: According to the vendor, innovators measure the performance and impact of the MVP. Based on the results, they can make informed decisions on whether to move forward with the idea or make further adjustments to ensure its success.