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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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Idea Generation Process: The Various Approaches to Gathering & Implementing Employee Ideas

Qmarkets

However, there are various approaches for each step of the process which can be chosen based on what is best for your business and employees. Submission Arguably the submission phase is the most important step of the process. This is where your employees will submit their ideas and kick off the innovation process.

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How to Manage Innovation Exploration With the Support of an Ideation Platform

Qmarkets

Not only is continuous innovation necessary for survival, but also constant refinement and recalibration of existing business models. In this article we will explain what considerations we make when helping companies to structure their exploration activities and explain how an innovation management platform can help with that.

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Implementing Open Innovation: Insights from Ariana Smetana of AccelIQ Digital

Qmarkets

With our innovation management partner, we also enable continuous and cross-department sourcing of ideas and internal solutions development. Start Small: Before embarking on major collaborations or initiatives, pilot the open innovation process on a smaller scale to understand the dynamics, challenges, and benefits.

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Don’t let great ideas escape with the new Exago Smart app

Exago

The new app version brings top usability, a fresh look-and-feel and social and game mechanisms to make innovation fun for users, while ensuring managers can efficiently select the best ideas and keep the innovation process flowing, all in the palm of their hand.

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Innovation SOP: Using Hackathons to Advance Digital Transformation

Qmarkets

Most companies already know that hackathons are a useful tool for gathering ideas, but companies need to know how to do this right. This week, we look at how companies can use hackathons not as a standalone idea-gathering tool, but as part of an overall comprehensive innovation process. 7) And the Winner Is.

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We Require A Shift of Innovation Management Solution Providers

Paul Hobcraft

I think with the recognition that innovation occurs across the whole organization the innovation management (IM) providers have to radically alter their business model or recognize they need to broaden out their target market inside organizations as innovation is occurring in all corners of the organization today.