An idea management platform offers a solution to capture and facilitate problem-solving within companies. It encourages inclusivity and promotes innovative thinking by allowing everyone to contribute.
Overcoming internal barriers to collaboration is crucial for successful open innovation, including acknowledging the "not invented here" syndrome, bridging credibility gaps, and being generous.
Establishing a formal innovation process is crucial for companies to achieve continuous improvement and market share. Accenture finds that 74% of top-performing companies have an established, repeatable process for innovation.
