Idea management programs should be focused around three goals: increasing employee engagement, gaining revenues and cutting costs.
We often hear decision makers at mid-sized companies say that their company is too small to see the benefits of implementing an idea management platform.
The return on investment (ROI) of idea management software is an important facet for buyers to consider during their decision-making process. ROI is a performance measure that indicates whether money and time spent is ultimately worth the return value.
Idea management is a critical component for companies to secure their market position and meet the needs of their stakeholders.
The implementation of innovation management software is an exciting – and increasingly important – step for any company to take. It can open the door to a seemingly endless stream of innovative ideas from employees, shareholders and consumers.
The desire to be heard and feel valued is natural. From CEOs to employees to consumers, it’s important to provide people with the opportunity to share their thoughts and opinions.
A key and often (unfortunately) over-looked portion of an employee-powered innovation program is communication of what’s really going on behind the scenes.
As the retail landscape changes seemingly daily, what does the future of innovation in retail look like?
Over the past years, crowdsourcing platforms have become an essential tool that sets apart leading, innovative companies from the rest. Whether your company is a local start-up or a blue-chip company, it is undeniable that innovation platforms are becoming critical to the future success of your businesses.
Back in 2008, Starbucks launched their crowdsourcing platform, “My Starbucks Idea”.