In this hyper-competitive economic environment if the SMEs wants to have a long-term success, they need to develop new products, services, and platforms. There are number of software solution available in the market which can help SMEs to generate tons of new ideas to develop new products. But, the question is, how one can decide which idea he/she should choose and which one is going to be the next blockbuster. The real challenge is not in generating new ideas but to separate good ideas from bad ones and selecting the best one. This is a common problem and could be found in every organisation whether it is small or a large one.
However, many specialists in the field of business innovation believe that “idea prioritization” is not an innovation issue, but the importance of idea prioritisation in the innovation process cannot be denied. It is a vital part of the business innovation process life cycle. Where idea generation doesn’t carry any risk or obligation to spend, idea selection does both.
By taking into consideration the importance of ideas prioritisation, a wide variety of software tools have been developed with the right science built into them. These scientific tools can simplify this difficult and stressful process of innovation. Here are some of most popular tools:-
All Our Ideas , BrainBank , Accolade Idea Management , BrightIdea.com , Cognistreamer Innovation Manager , Engage ThoughtWare , Idea Management System , IdeaBox , 9 Square , IdeaCenter (Akiva) , Imaginatik , Jenni Enterprise Idea Management