Idea management is the process of facilitating ideation from an organizational perspective. It involves acquiring, creating, and evolving new ideas. Good idea management turns good ideas into good business by selecting the best options to commercialize the best ideas. Key aspects of idea management include designing idea artifacts to manage explicit ideas, organizing ideas into idea portfolios, and using a staged development process to determine which ideas to commit resources to commercializing.

1. What’s The Big Idea? A Reflection on Idea Management

2. What is Innovation? Innovation is the creation, implementation and economic application of a new concept or idea “ Defuzzing” The Front End

3. What is Innovation Management? Innovation Management is the process and associated discipline of facilitating innovation from an organizational and management perspective “ Defuzzing” The Front End

4. What is Ideation? Ideation is the acquisition, creation and evolution of (new) ideas “ Defuzzing” The Front End

5. Suggested Vocabulary What is Idea Management? Idea Management is the process and associated discipline of facilitating ideation from an organizational and management perspective “ Defuzzing” The Front End

6. Suggested Vocabulary Thinking creates ideas

7. Suggested Vocabulary A lot of thinking creates a lot of ideas

8. Suggested Vocabulary A lot of ideas creates some good ideas

9. Suggested Vocabulary Thinking together creates bigger ideas

10. Suggested Vocabulary Ideas evolve through tacit and explicit knowledge processes i ! ? idea search idea collaboration idea generation

11. Idea Management Process Design Idea artifacts help manage explicit ideas supporting ideas competing ideas opposing ideas campaign info originator(s), contributor(s) description comments/discussions source/type profile(s) file(s) status idea reviews/ratings implementation considerations/positioning idea “stage gate” estimated opportunity value

12. Suggested Vocabulary An Idea Portfolio is an organized collection of new product, process, service or solution ideas and their estimated business value if commercialized Collectively, idea artifacts can be organized into Idea Portfolios

13. Suggested Vocabulary Portfolio ideas involve real options watch & wait engage & learn commit & commercialize exit exit exit staged development

14. Suggested Vocabulary Good innovation turns good ideas into good business by exercising the best options for the best ideas

15. Suggested Vocabulary Contact: Anders Hemre interKnowledge Technologies [email_address] www.interknowledgetech.com