Idea Management - The What, Why, and How Explained

For many the term “idea management” isn't very familiar.
It still not that common and can seem like a very abstract term. After all, how do you manage the ideas that everyone has all the time?
In reality, it’s actually a very tangible set of practices that can make a big difference for the innovation and business outcomes of any organization.
So, in today’s video, we’ll help you understand the topic of idea management and will also share practical advice on how to get it right.
If you're looking for a tool to help manage ideas and innovation in your organization, sign up for a free Viima account today at app.viima.com/...
Or, if you'd like one of our experts to show how Viima can drive more innovation for your organization, book a demo at www.viima.com/...
-----
To learn more about the topic, please check these resources:
Idea Management Defined - The What, Why and How: www.viima.com/...
The Ultimate Guide to Innovation Management: www.viima.com/...
Guide to Idea Management Processes: www.viima.com/...
Idea Generation - www.viima.com/...
Developing Ideas: www.viima.com/...
Idea Evaluation - www.viima.com/...
Idea Prioritization: www.viima.com/...
Idea Validation: www.viima.com/...
Leader's Guide to Executing Innovation: www.viima.com/...
Scaling Innovation: www.viima.com/...
Pace of Innovation: www.viima.com/...
Or view all of our recent posts here: www.viima.com/...
-----
About Viima:
Viima is your one stop shop for collecting & managing ideas. Our innovation management software helps you go from ideas to innovation, every step of the way - and it scales with your innovation needs.
Join more than 18000 organizations already using Viima's innovation platform globally and sign up today at app.viima.com/.... You can get started for free within minutes!

[@LigneDesign]

Excellent video as always! 1. How about orrganisations taking away (stealing) innovative employees' ideas without giving nor providing anything in exchange? 2. How about employers who always say that they already thought of everything; that they already had every ideas? 3. How to protect the future of greatly gifted innovative employees from such behaviors (Here, by excluding any intellectual property solutions; we already know about those highly expensive solutions. Here, it is about managing idea submission, preservation and employee contribution and value.)

[@HYPE_Boards]

Great questions! Here's our quick takes on these: 1. A company should always recognise the valuable input of employees and reward, be it innovative ideas or actually putting in the hard work. In some countries, there is even legislation in place that forces employers to reward money for employees that come up with ideas outside the scope of their own work. Having said that, the most important thing is recognition: celebrate the people that are willing to help the company get better. 2. Of course that is not entirely true, but once you've been in a business for a long time, it's easy to become skeptical since you've heard most ideas already. Usually there's of course a valid reason for those ideas not having been implemented before, such as maybe they weren't technologically feasible before, or maybe they tried but it didn't work out. So, train both your employees and leaders to always explain/ask the why: "why haven't we done this?", "why didn't it work?". That will help everyone get better! 3. Here I'd say the most important thing is simply to have processes and/or systems in place that reward and celebrate the people that innovate: give credit where credit is due and your innovators will feel valued and thrive.

[@sofiaargiri3014]

I am very interested so much about management and marketing and all this stuff that most of the times I’m thinking and analysing about things like that . Today I had the thought that everything is an idea and maybe the idea costs more than the money that may someone has to open an organisation. Then I searched and found your video and I felt like I discovered something , but it was already wroten obviously 😂 It was so nice learn a little bit more about it. I also want to say an opinion or question. Take it as you want. You said that the most ideas are fail. Are the ideas fail or the way that they make the ideas happen ? Because the first idea , something simple and that the most of the people in the world want to see, hear, taste or feel , is most of the times the right one. But the way that someone makes something happen , is mainly the disaster. What are you thinking about that? Great video , thank you🙏❤️

[@HYPE_Boards]

Hey there, sorry for the delayed answer! We completely agree that it's the execution, making the idea happen, that's almost always the main challenge. After all, ideas are cheap and easy, but execution is tough. With tools like ChatGPT now filling in and being able to provide more and more ideas, execution is what matters more than ever. However, as for the original idea often being the right one, that's where we'd like to respectfully disagree. There is of course a solid "kernel of truth" behind most ideas, but that doesn't mean the idea would be perfect. Typically the idea requires at least a few iterations to refine before it's actually something that works (and can be successfully implemented). That's a fine difference, but an important one to learn to distinguish!