Idea and Innovation Management

 

 

Idea and Innovation Management fosters the capability to collaborate and solve problems as well as transform developing concepts into astute ideas. Furthermore, this solution quantifies interest; encourages the breaking of “new ground” or incremental benefit in a product/service; establishes service and process of garnering feedback; forms teams; and advances concepts into truly judicious and circumspect ideas (reducing resistance and resource waste).

GLMS’s Idea and Innovation solution is built on the Microsoft Share Point technology. Additionally, there are options to interface or integrate with a Microsoft PPM/EPM solution. Simply put, this is indisputably the “magic ticket” to easily (and fairly) capture and share ideas, promote a culture of innovation, and boost the quality and quantity of contribution.

Key Benefits

1.Connect relevant shareholders with idea/innovation process management.

2.Facilitate collaborative participation – anytime and anywhere to maintain continuity and progress.

3.Effectively balance creativity and process discipline.

4.Ensure that key decisions and actions are executed at the appropriate juncture.

5.Provide stakeholder visibility into idea status and progress.

6.Secure and manage intellectual property.

7.Provide objective and strategic investment areas.

8.Maximize the financial return of ideas.

9.Optimize budget allocation according to strategic value.

10.Capitalize on business opportunities by improving the robustness of idea selection.

Idea and Innovation Management is an amalgam of creativity and process discipline which transforms developing concepts into astute ideas.GLMS's Idea & Innovation management solutions ensure that your key decisions and actions are executed at the appropriate juncture for the benefits of your business.