This document introduces PRESTO, an idea crowdsourcing and innovation management tool. PRESTO allows companies to source ideas from employees, customers, and vendors to accelerate innovation. It provides a structured workflow to manage ideas from identification through implementation. PRESTO also offers reporting, discussion groups, and idea filtering to facilitate collaboration and continuous improvement. The goal is to engage organizations in open innovation and help optimize business processes.
3. Bring your organisation to its next adventure
in innovation with idea crowdsourcing
In the decades to come, open
innovation will play a key role in
developed economies
revolutionising how organisations
deliver value to their customers,
shareholders and employees.
This focus on IDEATION will allow
companies to become or remain
innovative, increasing the chances
for new products, customer
acquisition and increased financial
performance.
PRESTO’s idea crowdsourcing
functionality allows your leadership
team to ‘throw challenges’ to the
crowd accelerating the idea
generation process to align your
staff’s problem solving skills with the
executive corporate growth
strategy
In 1714 the British government
offered a cash prize to the citizen
who could come up with the best
solution to measure a ship’s
longitudinal position.
4. Use a ‘pull system’ to turn your company into a JIT factory of ideas
Crowdsourcing corporate innovation
Reach the wider audience
Throw challenges to your team,
department, division, or entire
company
Brainstorm & capture best practices
Create and link target discussion
groups to each idea and give visibility
to where best practices will help
standardize your company’s operating
model
Vote and filter
Ensure the most valuable submissions
are identified and communicated
properly
Protect intellectual property
Robust set of permissions allowing
participation and visibility to be
controlled at all company levels
How PRESTO helps
Collect ideas and stimulate discussion
The more ideas, the better. Especially
when they are packaged in cost and
benefits categories for review
5. Idea management workflow
As ideas are captured by your employees, customers and vendors, they are passed
through a structured framework to ensure end-to-end lifecycle management
Idea is
identified
Stakeholders
are identified
Initial costs &
benefits are
estimated
Proposed
ownership is
established
Go
forward
?
Action plan
agreed
Action plan
executed
Action
reviewed for
closure
Reflection of
lessons learnt
Celebrate
success &
communicate
YES
Archived
On hold
(Kanban)
Should
we
revisit?
NO
YES NO
Phase 1 Phase 2 Phase 3 Phase 4 Phase 5
6. Small improvements (‘Kaizen’) allowing for the
ongoing optimisation of business through quick
and low-cost changes which can be agreed
at the department level
Optimise
ideas
Change
ideas
Ideas are collected, grouped and assigned
Medium-size exercises requiring involvement at
the division level impacting how teams
interact among themselves.
Challenge
ideas
Opportunities which may ‘challenge the status
quo’ and revolutionise the way business is
performed. Your Innovation team will be keen
to see these ideas
Crazy
ideas
‘Just-do-it’
ideas
‘Out-of-the-box’ thinking which brings to the
table your next big idea in corporate
innovation
No need to ponder this is ‘low hanging fruit’!
With a quick review and managerial signoff,
this type of idea is put into action in record time
Depending on what type of idea an opportunity is will determine who (and how) each
idea will be elaborated. We recommend ideas are placed in these 5 groups:
7. Quick & easy
reporting
As ideas work their way
through the idea lifecycle,
they appear on PRESTO’s
dashboard giving your team
leaders visibility via robust
reporting into the key details
needed to begin the analysis
and evaluation process
8. Super filtering for 360°
visibility into your entire
portfolio of ideas
• Idea type
• Expected benefits
• Expected costs
• Key success factors
• Corporate impact
• Votes received
• Waste elimination opportunities
• Owners (R-A-C-I) allocation
• Creator
• Status
Filter by
9. Find strengths and improvement areas in your innovation
program to capitalise on complementary synergies
Create friendly
competition among
your staff and zoom
into where special
problem solving talents
have brought
innovation to your
company
Collaborate and
coach your process
experts by widening
their continuous
improvement horizon
teaching the principles
of Lean to enhance
and increase their
critical thinking skill sets
10. Increased employee engagement
with PRESTO’s social media newsfeed
What makes PRESTO unique is the way it
automatically feeds business opportunities identified
by staff members to its newsfeed so that ideas
naturally become discussions that get
evaluated and ultimately transform into business
improvement initiatives. By offering a direct link to the
project storyboard kanban and task list, managers
and problem solvers at all levels have an easy means
to quickly scroll through activities underway, review
outstanding activities, set expectations, share
suggestions and best practices
11. Brainstorm, find best practices and vote!
Engage the experts
necessary to create
online discussion
groups aimed at
leveraging and
enriching your
archive of know how
to make best
practice sharing
business as usual.
Track before & after
events to assess
implementation
effectiveness
BRAINSTORM
AND VOTE
on best
practice
know how
Ideas = discussion groups = best practice sharing
13. TOPP Tactical Intelligence, Ltd.
27 Old Gloucester Street, London
WC1N 3AX
+39 351 221 4087
www.toppti.com
info@toppti.com
About PRESTO
PRESTO's original prototype was first launched as a stand-alone tool
by a group of Italian business professionals in collaboration with a
local university within a multinational financial organisation who had
acquired the complete back-office depository bank servicing arm of
an Italian industry leader. The opportunity to build PRESTO presented
itself during the restructuring phase of the two organisations when the
vast differences between their managerial cultures, operational
know-how, language barriers and their business operating models
indicated a strong need to implement Lean methodologies into the
DNA of the new organisation.
While using PRESTO, the integration team together with Human
Resources, Risk and IT were able to successfully map customer and
client journeys, catalogue, measure and benchmark business
processes, standardise best practices and its terminology, become
more transparent and communicate change more effectively to
their supporting global shared service centres of excellence.
Since its launch, PRESTO has been further developed to include
additional idea cultivation features offered at a corporate-wide level
and has become a true instrument of organic innovation