Engaging a Global Workforce

8 Features of the Best Idea Management Software

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Idea Management software is currently on the rise and there is now a host of companies that offer tools for managing ideas and suggestions. It is therefore not easy to pick one as the best idea management software. The main purpose of idea software is generating ideas to aid innovation. Companies need comprehensive and user-friendly software that effectively manages the innovation process from idea generation to implementation. Benefits of such software are improved overall productivity and, therefore, revenue.

Features vary among different software. Here is a list of the 8 most important features of the best idea management software products:

1. Search box: an easy to use search box with a drop-down menu definitely encourages users to participate more in challenges that generate ideas. They can search for and view all user’s ideas before submitting their own.

2. Campaigns and challenges: an easy-to-manage campaign or challenge is essential to generate and manage new ideas. It should have features such as campaign/challenge brief, idea ratings/votes, rewards, last date of entry, target audience, etc.

3. Campaign/challenge template: great for producing short notice idea challenges, templates give built-in flexibility for different departments to tailor challenges to their needs. Templates could be for advertising, supply chain, customer support, marketing, etc.

4. Evaluation: users love voting for or against an idea with a single click. They also rate ideas according to preferences. Options to vote and rate ideas will also stimulate users to give meaningful feedback on other users’ ideas.

5. User feedback: a user-friendly way of submitting feedback will increase the amount of feedback provided. Rather than going through too many options, a few clearly defined feedback fields to complete will ensure better feedback.

6. Rewards and recognition: bright ideas or sensible feedback may improve the entire organisation, so rewarding ideas is crucial. Showing a list of selected users, who have contributed most implemented ideas, is also a sign of recognition.

7. Reporting: comprehensive reporting is needed to evaluate the results of an innovation campaign. Software with strong analytical and visual features can provide a details report on a number of participants, demographic background, ideas with maximum votes for/against, etc.

8. Integration with other apps: to help move ideas along towards implementation integrations with other software that sit further along the value chain are very beneficial. Look for tools that integrate with project management tools and development software that will help you get your ideas off the ground and become reality.
Regardless of its features and capacity, even the best idea management software is not sufficient to bring innovation and significant changes without an innovation-focused company culture and innovation management. Yes, easy-to-use software makes employees feel at ease and improves communication within a company. However, the best idea management software is just a helping tool and works hand-in-hand with a consistent innovation process.

Regardless of its features and capacity, even the best idea management software is not sufficient to bring innovation and significant changes without an innovation-focused company culture and innovation management. Yes, easy-to-use software makes employees feel at ease and improves communication within a company. However, the best idea management software is just a helping tool and works hand-in-hand with a consistent innovation process.

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