“The journey from ideas to business results is difficult, because innovation is inevitably in conflict with business as usual.”
—- Blog from MBDA Sept 18, 2012 www.mbda.gov
How many great ideas fall to the floor?
Ideas start as inklings and insights by people who think of creative solutions to their day-to-day challenges. Some of these are truly breakthrough ideas but are not yet fully formed. Without the right framework, the great ideas are lost.
Use technology to co-create a tool tailored for you to capture, expand, develop, and bring ideas to life.
Innovation Management is not just about generating creative ideas. It is also about creating a productive and effective innovation culture in order to execute on the most promising ideas.
QuantumPM’s innovation management solution includes:
Project and Portfolio Management
Below is a real-world example of a company whose ideation success created a need for a process to manage the deluge.
The client is a large, nationally recognized leader in the healthcare industry. This family of companies delivers affordable healthcare services and products to nearly 70 million Americans. Their nationwide network includes 595,000 physicians and healthcare professionals, 80,000 dentists, and nearly 5,000 hospitals.
The client is committed to the delivery of the best possible quality of healthcare services and is seeking ways to continually improve all facets of their company. In fact, they have spent nearly $3 billion in the last five years on research, development, technology, and process improvement to encourage an environment of employee contribution toward innovative solutions. Some of the solutions have led to changes that are improving the way healthcare is delivered and administered across the industry.
This program was overwhelmingly successful. However, they needed to support the volume of ideas generated by their corporate culture of innovation. They sought a fully customizable solution with an out-of-the-box framework that fit their needs. This national healthcare company relied on QuantumPM to solve their innovation management challenges.
Innovation Director - QuantumPM and Microsoft created an end-to-end solution using SharePoint as the platform and InnoD as the solution. Beginning with an easy-to-administer crowdsourcing and social networking function, the tool and process are followed by repeatable standard workflows and a complete roadmap for managing innovation community ideas. The best ideas are seamlessly fed into the project and portfolio processes and are prioritized against strategic business drivers.
The client chose a solution using the framework and a customizable interface to provide an exciting graphical display with the standard innovation workflow. The healthcare company’s landing page evangelizes the innovation program with the power of social networking.