Innovation Management

Business success isn’t just about math and science. It’s also about creativity, imagination and, above all, innovation. The good news is that most businesses have a steady source of fuel for innovation: ideas. These come from everywhere – primarily from employees and business partners, but also from customers, consultants, academia, and even competitors. The bad news is that many companies lack a formal process for determining the value of any given idea and moving it in a systematic, timely, cost-effective way from concept to reality. As a result, many opportunities for innovation simply slip through the cracks, along with their potential for success.
 
You can avoid this problem by deploying an Innovation Process Management (IPM) solution from Microsoft’s partners which supports both the systemic processes and the human interactions that accelerate innovation. IPM solutions help enterprises to…
 
  • Actively capture, score, and share new ideas in a collaborative, social manner
  • Make informed, critical decisions about risks, benefits, and the strategic value of an idea using portfolio management techniques
  • Commercialize the ideas with the highest value, quality and predictability
IPM solutions connect the right ideas, with the right markets, and the right resources.

THE MICROSOFT SOLUTION
Microsoft IPM solutions provide a systematic, intuitive methodology to foster innovation by facilitating the 4 “E’s” of innovation namely; engage, evolve, evaluate and execute. These Innovation Management solutions—built on Office SharePoint Server 2010, and the Microsoft Enterprise Project Management solution - enable you to easily facilitate innovation process management in the Enterprise.
 

Promote a Culture of Innovation
IPM solutions from Microsoft’s partners promote a culture of innovation in the enterprise, helping your employees to...
 
  • Establish a program for fostering and enabling innovation across the Enterprise
  • Author, research and evaluate ideas for a specific topic or initiative in a social, collaboration manner, using SharePoint Server 2010.
  • Rapidly assess ideas for their strategic value according to key metrics and alignment to  business drivers by performing “what if” scenarios using Project Server 2010.

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 Microsoft Innovation Process Management Solution Benefits
 
      Widen the Idea Pipeline
  • Foster a culture of innovation
  • Involve more of the right people at the right time
  • Enable collaborative participation
 
      Formalize the Innovation Process
  • Facilitate creativity using a guided, unobtrusive process
  • Create communities and challenges to focus ideation and ensure ownership
  • Ensure key decisions and actions are taken at the right time
  • Provide an end-to-end lifecycle for ideas from conception to go-to-market
 
      Optimize Return on Investment (ROI) and Time to Market
  • Provide objective and strategic selection criteria to maximize relevancy
  • Capitalize on business opportunities by improving the speed and robustness of idea selection
  • Maximize the financial return of selected ideas
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