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Why is Idea Management Important?

ProductPlan

But coming up with ideas is the easy part. For this reason, product teams need to develop a process for idea management. The two biggest challenges for idea management are efficiently and consistently recording and organizing ideas followed by actually making good use of them. Ideas are fleeting.

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7 Digital Transformation Traps: #3 Inadequate Idea Management

ProductBoard

All too often, the promise of digital transformation falls flat. In fact, according to McKinsey, 70% of digital transformation efforts fail. You might think this statistic doesn’t really apply to you if you’re a product leader, though. You’re already at the forefront of developing new technology, right? Not so fast!

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Cacoo wins accolades as a top idea management and diagram software in Gartner Q1 reports

Nulab

With so many ideas flowing, it’s exciting that many teams are using Cacoo as their tool of choice for developing new projects in 2022. The Nulab team is pleased to announce that Cacoo secured an incredible award-winning streak from Gartner Digital Markets as a Top Idea Management Software. Check out the methodology here ).

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How We’re Turning Feedback into Strategic Product Decisions

ProductPlan

For an idea management solution to work for product teams, it must separate the idea from the opportunity. On their own, ideas often exist in the solution space. It might be tempting to toss all those ideas into your backlog, eventually creating a roadmap out of the best ones. An overflowing inbox.

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Centralized vs Decentralized Idea Management

ProductPlan

But if you aren’t careful, that steady stream of ideas can quickly become a flood that inundates your team and makes it impossible to get anything done. Without idea management , you’ll quickly find that you spend more time wading through ideas than creating a winning product. Who does it? What do they use?

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The Importance of Crowdsourcing Your Product Ideas

ProductPlan

Many other changes that don’t happen also start as an idea. When ideas that have nothing to do with solving customers’ problems become reality, that’s a sign that something is wrong with a product team’s idea management approach. Here’s how in a few steps: Request ideas with some boundaries.

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Innovation Management

ProductPlan

Innovation management vs idea management. Our definition of idea management is a structured approach to generating and evaluating ideas that could help improve an organization’s bottom line. Idea management sounds similar to innovation management because it’s a part of innovation management.