If you are involved in managing innovation for your organisation and you have been set with the task to make this decision, the first question you should ask yourself is: “Do we really need an innovation management software?”. These three questions, related to 3 key dimensions of any innovation management programme, should help.
When developing your innovation agenda, bear in mind that employees deal daily with inefficiencies in your company, having often diverse and powerful ideas related to organisational processes and products. The following are real examples of this.
A successful cost-cutting strategy is connected to an organisation’s capacity to evolve, to innovate, and to do it as whole. Companies can, in fact, keep innovating in ways that do not require high investments in new products’ research and development, and which can save substantial amounts of time and money.
Exago announces a technological and business partnership with Microsoft, to strengthen its product scalability and performance and to accelerate growth in sales.
Exago’s 3.6 idea management software release is a major leap forward from the previous versions. With a brand new homepage look and feel, it offers additional idea review gates and a more comprehensive evaluation process, as well as more effective communication mechanisms.
The clock is ticking. Most managers (86%, to be precise) believe transformation in their companies is imperative to guarantee unrelenting success. However, one in five companies has failed in its innovation attempts, and three in five have not yet made any effort in this area.
When developing your innovation initiatives, you do run the risk of getting trapped inside processes rather than creating value.
Online platforms are powerful innovation enablers – the building blocks to produce outcomes. But they won’t stand on their own. If you want to create a true innovation culture, you need to have as many people as possible participating in the process. You need to manage those tools efficiently.