Case Study: Essity | In Collaboration With Forrester

The Total Economic Impact™ Of InnoCentive Challenges

This study illustrates the financial impact of using InnoCentive Challenges for open innovation in the research and development department of Essity, a global leader in consumer products. Within the organization, the research and development department of the Personal Care division used the InnoCentive Challenges solution to enhance its own open innovation program. The division is also currently investigating expanding use of InnoCentive Challenges to other departments, such as marketing, within the division.

Why Challenge Driven Innovation?

Inside, you’ll find:

  • The basics of our Challenge Driven Innovation methodology
  • How organizations are experiencing 182% ROI and a 70% success rate
  • How to lower your innovation costs
  • How to improve your innovation processes

Who Should Read This Case Study?

If you’re a senior leader with managerial oversight or influence over your organization’s innovation initiatives or R&D function, this guide will provide you with fresh, new ideas and methods for tackling complex business problems and innovation challenges.

Based on information collected in in-depth customer interviews, Forrester calculated a three-year, risk-adjusted ROI of 74% for the organization with a payback period of less than three months.

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