While not intentional, they inherently create a step of workflows that enable the feature set within that IMS. In many cases, designed enterprise applications have a particular philosophy in mind. The next feature on my list is what I call a flexible and powerful workflow. These are opportunities where you fund PHDs or grad students who work in your focus research area. It includes things like public competitions for the best idea and rewarded with a prize.Īnother feature that I am a big believer in is university joint ventures. This feature consists of allowing people outside of your organization to contribute. The next feature is to enable an open innovation opportunity. An IMS is also a great way to celebrate an idea, whether it got funding or ended up stopped. You want a way to communicate feedback on ideas as well. A common feature needed is the ease of how you “plus an idea.” When someone creates an idea, you want other innovators to build on it. People often take it as a passive process, observing but not engaging. Most IMS systems don’t grasp the idea of bringing people together. It becomes a back and forth communication process between innovators. Especially critical for IMS because it brings all of your innovators together in a common system. The second feature is all about the support for your community of innovators. It is also important to track who came up with each idea for legal reasons. The key here is to get every idea you have into this system. This consists of getting all of your ideas captured and putting them into your IMS. The first feature is known as the ease of idea capture. If you have procured an IMS, are building one, or are integrating one with other systems, there are seven must-have features you need. They have to work on enhancing their platforms due to competition continuously. Every IMS system has its built-in assumptions as part of its basic platform. Not known as IMS yet, we chose a particular platform back then. I deployed my first IMS in 2008 while I was CTO at HP. The Idea Management System supports everything from the focus, ideation, and ranking, to managing your funnel for the execution phase. We will discuss a technology that will enable your FIRE framework, known as an Idea Management System (IMS). This week, we will continue the discussion on the FIRE framework and expound upon it.