Innovation generally meaning something new is not an unfamiliar concept for humans. Germinating from a series of ideas, innovation defines the potential and capability of people to think creatively and bring it to reality. World has changed, and so have people. The days of munadanity are gone and a bright and advanced future awaits. What lies in between the two situations is the present, which is busy in implementing unique ideas and concepts to keep the people mesmerized.
The main motto behind this struggle of receiving different ideas and implementing is the need to grow. Apart from living up to, the role of an organization that serves to fulfill every need of customers their goal is to survive. Why does the company has to strive so much in order to survive? The answer is pretty simple: it is the competition they face. People need more and different products more easily. Every company wants to be the one people would favor over other firms. This competition is what drives the companies to take best measure be it innovation in product, service or management.
Hence, it is clear that an idea can change the course of an organization forever. A right idea will lead it to path of success while one wrong one can shut down the entire business. Therefore, the business growth needs idea management to meet the ends of the process fruitfully.
Hurdles and challenges the companies face:
Idea management is an integrated process where every worker equally contributes to manage and provide a hand to this aspect of business growth. However, it is the biggest challenge in the entire process – getting ideas from every worker.
The first one is quantity of ideas: research shows that supreme quality of ideas is directly proportional to large number of ideas. Also with earlier systems of submissions of ideas through piece of paper and suggestion boxes, many employees would act reluctantly in placing their ideas. This could be due to lack of response and interest on their earlier ideas. It is not easy to get every worker sit and place their ideas. A better mechanism and management technique is necessary here.
The second hurdle is the quality of the ideas. Not every idea would be good or useful for the company. Rejection of many would lead to selection of few great ones. However, with large number of ideas, the selection task becomes difficult and exhausting.
What is the solution to such problems?
With the utilization of idea management tools, to tackle such problems of great magnitude has become even easier. It is also an innovative medium, through which the process becomes easier and smoother. This platform allows companies to attract every worker, ask for their ideas, in turn, the employees also get to comment and vote on all ideas. These platforms are in forms of tools, software and apps as well. Refer such websites to get further assistance on idea and innovation management.