Read the full case study and watch the video below to discover why award-winning global firm Taylor Vinters have chosen to partner with Idea Drop to supercharge innovation across their business.
Taylor Vinters are an international law firm with offices in the key innovation centres around the world – London, Cambridge, Oxford, Singapore and soon in New York. Their clients range from Fortune 500 technology multinationals to fast growth venture-backed businesses and entrepreneurial individuals driven by great ideas. That’s why innovation is a core value across internal and external stakeholders.
Just two months ago the Financial Times recognised Taylor Vinters for its innovative strategic leadership and culture, ranking Taylor Vinters as ‘Standout’ in the category of strategy and changing behaviours at the FT Innovative Lawyers Europe 2019 Awards. Taylor Vinters also picked up the Best Strategic Leadership Award at this year’s Managing Partners’ Forum – another result of their strategic leadership and clarity of vision, which is to be the leading legal business for innovators and entrepreneurs.
The Challenge – hard-wiring innovation into the firm’s culture
As a forward-thinking and strategic law firm that is highly focused on innovation, Taylor Vinters launched an internal initiative called PitchUp three years ago which is a firm-wide “Dragons Den” style innovation competition. Some really great ideas have been proposed and actioned as an outcome, however the firm needed a platform where this initiative-led approach could continue and become hard-wired into their culture. They needed a platform that would make it easy for people to share their ideas, insight and challenges year-round because ideas are the lifeblood of the firm’s future and at the core of their vision and strategy.
“We wanted to make sure that generating ideas wasn’t an event - it was something that was cultural, it was embedded in who we are and how we are. We know that’s going on in a business the whole time but actually as a management team we weren’t able to surface all of those ideas.”
The Solution – an always-on approach to innovation
As a firm that values innovation and ideas, they realised that Taylor Vinters need to find a better way to collect and crowdsource ideas via an ‘always-on’ approach. That’s when they turned to Idea Drop’s idea management platform to serve as a permanent hotbed of creativity and innovation.
The firm didn’t have to abort their existing PitchUp competition – Idea Drop helped them to scale this by harnessing world-class idea management technology to tap into the collective brainpower of their stakeholders, empowering each of them to easily share ideas on how to solve key business challenges in a creative and collaborative way.
More about Idea Drop
Idea Drop is the innovation platform that is helping Taylor Vinters to capture, evaluate and action the best ideas from across the firm in an engaging and easily accessible way, regardless of seniority or location. Similar to familiar social media channels, as soon as a challenge is posted, everyone in the firm is notified about it and ideas can be shared and feedback gathered in real time.
“Innovation Competition PitchUp, powered by Idea Drop, is going to be a fundamental part of how we deliver our firm-wide strategy of working in more innovative ways and we see it as a way in which we can increase engagement with new ways of working, surfacing and listening to ideas from across the group, and making strategy aligned ones a reality.”
“The moment we met Matt and the team at Taylor Vinters, we immediately became excited by the deep alignment to their values and approach. We’re thrilled to be partnering with this award-winning firm to help scale up and embed their culture of innovation.”
To learn more about how Idea Drop can help drive impactful innovation in your organisation, get in touch with our team today.
Ready to see Idea Drop in action?
Request a Demo!
Request a demo today and our team of enterprise innovation experts will be in touch straight away to set up a one-to-one discovery session and demo.
