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 Why do I need innovation management software?
 Thomas Edison once said
“Genius is one percent inspiration and ninety-nine percent perspiration.†- Thomas A. Edison
But we’re guessing Edison didn’t have the same challenges as today’s corporations when he coined this phrase.
In today’s corporations, getting ideas developed seems to have become more like 1 percent perspiration and 99 percent persuasion.
Employees in larger organizations come up with great ideas every day, only to be shut down by a boss having a bad hair day.
Or worse, bosses fear innovative ideas because it makes the employee look better than them.
Studies show that satisfaction in the workforce today is down from 60% in the mid-nineties to 50%. Out of these 50% only 14% say they are “very satisfiedâ€.
(add stats to show) Bureaucracy is throttling employees and we are here to fix that.
OK, But why Wikinnovations?
Wikinnovations allows companies to tap into the Collective Genius for collaborative innovation and problem solving to help companies achieve a best-in-class ranking. The advantages of Wikinnovations are:
- Bottom Up strategy of collecting ideas.
- The engine can be used for not only unsolicited ideas to cover blindspots, but also can be used to present challenges to all employees within the company.
- The engine allows for anonymous posting of ideas
- Idea challenges can be posted on the Wikinnovations for the employees to view, submit ideas and comment on
- Inbuilt incentive mechanism in the software.
- The engine creates an efficient market place for ideas. The “go, park or kill†justification for ideas is done anonymously by peers and experts based on the merits of the proposal – i.e. value of the proposal, strategic alignment with the company business.
- Innovation process attributes are brought to forefront
- The engine maintains a full audit trail of all postings, voting and idea history
- The engine allows the idea to remain with the secure confines of the company and allows the inventor to get credit for his invention
Do you think you currently capture all the value added ideas from all of your employees, customers and suppliers?
Do you have an idea bank and have all of your ideas in one place?
Do you provide the right medium for your employees to voice their ideas?
Are you and your employees working on the right priorities?
If not, please contact one of our innovation consultants and we would be happy to help you realize your full potential.
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