|Ideas Management System|
Page 1 of 45This report outlines the best practices research undertaken by BPIR.com in the area of ideas management systems. The best practices have been compiled under seven main headings. This new layout is designed to enable you to scan subjects that are of interest to you and your organisation, quickly assess their importance, and download relevant information for further study or to share with your colleagues.
In This Report
The DefinitionIdeas management is a structured process of generating, capturing, organising, evaluating, and selecting ideas to improve your organisation. An ideas management system is the mechanism that enables organisations to perform all of this (and more) in an interconnected way. These days, most organisations use software to make the job easier. Since there are many different types of e-based ideas management systems available, it is important to choose one that meets your organisation’s needs. More sophisticated systems will monitor and prompt you when new ideas are submitted; promote collaboration; enable peer evaluation; be totally accessible from PCs, smartphones, and tablets; and, provide trends and metrics to recognise key contributors and measure outcomes.
The StageMost organisations are well aware of the potential of a good idea to become an innovative product, service or process. Yet, despite immense management support and investment, many organisations still fail to sustain an innovation culture. Renowned companies like Polaroid and Nokia have experienced major reductions in their market share and gone close to bankruptcy because of an inability to re-invent themselves. The root of the problem is the lack of a sustainable innovation strategy.
Research has shown that the most effective source of innovation is an organisation’s own employees. Organisations have to realise how important it is to capture ideas, collaborate on them, and decide which ones are the best to develop and implement. There are many methods, tools, and approaches available for this, but the most common and achievable way is to use an ideas management system in the form of a software application or platform.
Since there is a great deal of ideas management software available, organisations would do well to choose something appropriate to their business and innovation strategy. The three basic ideas management system levels are entry-level, mid-market-level, and enterprise-level platforms. Entry-level platforms are cheap and useful for smaller companies who want to churn out lots of ideas; however, the software might not have sufficient features to support the full ideas management process. Enterprise-level software is usually best suited to larger companies but is expensive. The software is loaded with features for ideas generation, monitoring, collaboration (anywhere), peer evaluation, metrics, and analytics to discover trends and identify the best ideators and collaborators to optimise the innovation process over time. Enterprise-level suites have many variations to cater to various organisational strategies. These are explained in this report.
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