What are Idea Management Systems? Definition, Features & Examples

I covered the definition of Idea Management in a previous post. In this post, I’d like to discuss the definition and typical features of Idea Management Systems.

Idea management systems are one of the most important tools in building your own systematic innovation management process. With the advent of cloud-based software, you have an excellent selection of idea management software available to you – whatever your needs and price points are.

Let us now look at this in more detail… [Read more…]

Three Types of Innovation

How many types of innovation are there? Well, the answer depends on which book we’re reading!

I have no doubt that if we combine all the books on the topic of innovation, there would be at least 1,683,276,951 types of innovation!

That said, for practical purposes – I like the model presented in the book Making Innovation Work. This book lists a mere 3 types of innovation (actually 4, but we’re going to ignore the 4th one for now). What are these 3 types of innovation, you ask? Let us dive right in… [Read more…]

What is Idea Management? And what are its benefits?

In this post, I’d like to address a basic question:
What exactly is Idea Management, and how can it benefit you?

ig-solutions-innovation-management-software-180As we all know, ideas form the foundation of all innovation. Yet, at most companies there is no systematic way to turn ideas into innovation. In fact, most companies leave it to chance to determine whether the right ideas make their way to the right people – i.e. people with decision making authority.

As a result, at most companies, ideas from only a small number of people have a realistic chance of becoming reality. This is usually people like R&D personnel and senior executives. This is bad enough, but often there’s an even bigger problem… [Read more…]

Innovation Management Process – An Oxymoron?

This is our first blog post, so let me start with the obligatory “Hello world!”

What is this blog about? It’s about innovation – specifically, practical tips & articles to help you manage innovation at your organization.

The word “innovation” conjures up many images. Creative genius. Eureka moments. Light bulb going off. Magical. Mystical. Accessible to only a select few blessed humans. You get the idea! Well, I’m not a big believer in this notion of innovation. Why not, and what do I believe then? [Read more…]