Innovation

The Innovation Tool safeguards, incubates, qualifies and accelerates ideas.

For many companies, new products and services – or new ways of delivering them - are the lifeblood of the business.

Very often creativity is driven from a small corner of the business, like marketing or R&D. Exploiting worldwide creativity requires a system that offers far more than a document store and or an idea database.

Imagine your idea generation is working well. You have the volume of ideas. But now you need an efficient, smart way to find and progress the gems.

The Innovation Tool is a web-based solution that captures ideas, controls the criteria around feasibility and attractiveness, and passes them through a stage and gate qualification process.

This system is used by organizations to:

• Dramatically increase the number, quality and impact of suggestions received around the world
• Demonstrably improve products and reduce costs
• Provide true visibility and clarity of the process, with clear criteria for ‘go’/’no go’ decisions
• Review performance objectively against business goals

The impact is clear:

• Faster approvals and higher success rates
• Instant visibility across the globe of the position for each product in each region, allowing leverage of stakeholder relationships in a structured and proactive way