Do You Need a Platform for Idea Management? Yes, You Do!

Do you know why it is important to have innovation software in place? This is a very common question, and one that actually raises more questions of its own. The real question is whether or not you need innovation software at all. So let’s take a closer look.


Do You Need Innovation Software?

If you can answer “no” to any of the upcoming questions, then you can guarantee that you need it.

  1. Are you able to capture data and insights about your current innovation processes?
  2. Do you know where innovative but uncaptured ideas are?
  3. Are you a transparent business where everybody works together?
  4. Do you know what your customer of the future wants?
  5. Are you happy for your employees to not be active or engaged?

Thanks to Idea Management, You Can Find Solutions You Can Act on

If you have a clear and simple innovation software platform, you will have a space where everybody, across the entire organization, can talk about things they would like to see. Just because someone submits an idea, does not automatically mean it has to be implemented. But in between all those ideas will probably be at least one that could have a huge positive impact on your entire business. Can you afford to miss that? What this does is capture what is commonly known as the “Fuzzy Front End”.

Thanks to Idea Management, You Can Improve Your Processes and Operations

Idea management allows people to think about very specific ideas. You need to frame your questions and see what they come up with. Those questions should relate to how your business runs and is operated, and you might just be surprised at the types of things people come up with that make all of this better.

Idea Management Allows Teams and Departments to Collaborate

Companies that do not use idea management software operate in silos. Each team has its own responsibilities and they often hang on to that, being almost secretive about what they do and what they share. But with an innovation platform, you break through that and everybody starts to work together. Best of all, people from one team may even have ideas to improve the operations of another team.

Idea Management Engages Your Employees

One of the greatest benefits of innovation software , even if you don’t implement a single idea, is that it engages your employees. You ask them for their opinion and show them that they are valued. Engaged employees are happy, productive employees. The impact on your bottom line of this can be tremendous.

Idea Management Enables You to Make Informed Decisions

Last but not least, when you implement innovation software, any decision you make s one that is informed and has been seen by everyone else in the organization. This, in turn, means that you will take far fewer risks overall. It is one of the greatest opportunities available to you to improve your business.