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What is idea management and why is it important for any business

hackerearth

What is idea management? Top management world over is now running helter-skelter demanding innovation. And somehow, it would seem tremendously wrong if the C-Suite don’t turn to their employees, who are in the thick of things, for ideas that improve efficiency and cut costs. What are the phases of idea management?

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How to Boost Innovation by Recycling Existing Ideas

IdeaScale

Similar innovation strategies can be noted within all fields of industry; from the technology sector to the entertainment industry. For instance, horror director George Romero is heralded by many as the innovator of the modern horror genre due to his iconic movie franchise Night of the Living Dead (1968-2009).

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Innovate, Adapt, Overcome: How to Beat a Recession with Idea Management & Continuous Improvement

Qmarkets

It’s estimated that a loss of more than $2 trillion in world-wide economic growth occurred between the second quarter of 2008 and the first quarter of 2009. Businesses looking to discover how to beat a recession with idea management and continuous improvement would also do well to adopt it.