5 Key Requirements for Innovation Management Platforms

Selecting an Innovation Management Platform for your organization can be challenging, and there are several key features to have on your requirements list.

The practice of enterprise innovation today goes far beyond idea management. Gathering ideas is still a key function of an innovation platform but understanding the value of ideas, and how they will contribute to measurable business outcomes, is important for on-going success.

A well-architected innovation management platform that supports crowd innovation with deep crowd science algorithms and configurable program governance can become the backbone of a sustained innovation program that gives your organization the competitive edge it needs.

In the Buyer’s Guide to Enterprise Innovation Management Software, you will learn more about criteria for platform selection, and best practices for crowdsourcing innovation – and measuring impact.

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About the author

Doug Collins serves as an innovation architect. He helps organizations such as The Estee Lauder Companies, Fidelity Investments, Johnson & Johnson, Novo Nordisk, and The Procter & Gamble Company navigate the fuzzy front end of innovation.

Doug develops approaches, creates forums, and structures engagements whereby people can convene to explore the critical questions facing the enterprise. He helps people assign economic value to the ideas and to the collaboration that result.

As an author, Doug explores ways in which people can apply the practice of collaborative innovation in his series Innovation Architecture: A New Blueprint for Engaging People through Collaborative Innovation. His bi-weekly column appears in the publication Innovation Management. Doug serves on the board of advisors for Frost & Sullivan’s Global community of Growth, Innovation and Leadership (GIL).

Today, Doug consults with a range of clients as senior practice leader at innovation management company Spigit. He helps clients realize their potential for leadership by applying the practice of collaborative innovation.

About Spigit Crowdsourcing Software

Spigit innovation management software is designed with your needs in mind, and enables companies to tap into the skills of their crowds of employees, customers, and partners. Spigit helps companies:

  • Invent new products
  • Identify new markets
  • Improve customer experience
  • Streamline processes
  • Engage employees and customers

Spigit crowdsourcing software allows you to achieve significantly better business results more efficiently and effectively than can be done with individuals or small teams. Our mobile-responsive software applies the latest game and social mechanics, supports simultaneous implementations, and is available in 10+ languages. Our highly configurable platform can conform to, and scale with, your unique innovation and approval processes, while our GRAPH API and industry-leading technology stack keep us highly responsive to your needs. Spigit’s six global data centers come with stringent security features that meet even our most demanding customers’ needs, including those in the government and financial services sectors. As the market leader in crowdsourcing innovation, we hold numerous patents in innovation management. Our world-class product engineers, statisticians, and data scientists apply proprietary algorithms to Spigit analytics and reporting, helping you to select the best ideas rapidly and avoid common crowdsourcing pitfalls.

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