Fostering Innovation with Technological Solutions – Part 2

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The Apollo program has been called the greatest technological achievement in human history. Apollo stimulated many areas of technology, leading to over 1,800 spinoff products as of 2015. One component of that incredible feat of science and engineering that doesn’t get much attention is LC-39 or Launch Complex 39, the rocket launch site at the John F. Kennedy Space Center in Florida.

This article was originally written for The Future Shapers, to read the full article click here

The site and its collection of facilities supported the Apollo program, and later after modification, the Space Shuttle program. It continues to be active with SpaceX’s Falcon 9 as well as being modified to support launches of the SpaceX’s Dragon 2, Falcon Heavy and NASA’s Space Launch System. So essentially without this incredible platform, space travel and exploration as we’ve grown accustomed to and taken for granted for the last 50 years wouldn’t have happened.

Coming backdown to earth this thought piece builds on Fostering Innovation with technological solutions – Part 1 and takes a much more tactical drill down into the growing market of innovation management solutions and who to watch out for, as well as the wider innovation ecosystem and harnessing the crowd to best effect.

Innovation and Idea management platforms

It isn’t too much of a leap into the darkness to see the similarities to the world of innovation management software and their ability to act as the starting-off point for organisational missions of discovery and innovation.

According to G2 Crowd innovation management technology supports early-stage activities, such as idea generation, evaluation and selection, as well as later-stage activities like innovation portfolio management, project management and resource planning. Also known as Idea management, or ideation management, software structures the process of gathering insight on products, then organising and managing those ideas for improvement or development. This feedback comes from employees, customers, and partners, etc., for the explicit purpose of adding the feedback into future products or product releases. Idea management software enables companies to solicit feedback via email, web-based applications, or forms that employ online collaboration channels to discuss the feedback to capture and store ideas. Idea management software is a step-up from the traditional office suggestion box that allows for strategy that enables companies of all sizes to continuously innovate and grow. Idea management software facilitates the full transparency of a company, as anyone who has access to the application can track ideas from inception to implementation. Ideas are collected from all areas of the organisation, beyond specialised departments like R&D, product management, and marketing. These products integrate with team collaboration tools to allow users to manage both internal and external-facing feedback.

The Innovation Management software market is fragmented, with many firms offering similar core capabilities. Differences between firms largely concern size, market presence, geographic focus, depth of functionality and deployment approach.

Read the full article at The Future Shapers

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