Exploring Innovation Management

  • Release version: Xanadu
  • Updated January 30, 2025
  • 1 minute to read
  • The Innovation Management application is a central repository to gather and evaluate ideas to determine which ideas are most likely to be implemented.

    Innovation Management overview

    The process of innovation management includes managing an organization's innovation from the initial ideation phase to the final implementation. It includes the decisions, activities, and practices involved in devising and implementing an innovation strategy. The Innovation Management application enables you to submit, track, view, discuss, filter, and vote on ideas.

    Innovation Management workflow

    The image explains the idea workflow from submitting the idea to completing it.

    Figure 1. Idea workflow
    Idea workflow from submission to completion.

    Innovation Management benefits

    Table 1. Innovation Management benefits
    Benefit Feature Users
    Collect new ideas for a product, feature in Idea Portal to vote on. Submit an idea Users with access to the application.
    View, filter, and organize ideas to work upon. View, filter, and sort ideas Users with access to the application.
    Collaborate through interactive comment boards to exchange information about ideas in a central location. Collaborate on ideas idea_manager
    Create a task to plan and develop an accepted idea. Create a task for an idea idea_manager or idea_manager_professional
    Create an Idea module to store and group ideas. Create an Idea module idea_admin
    Create new idea categories to associate with a submitted idea. Define new idea categories idea_admin
    Use the Idea Dashboard manager to analyze and review your ideas. Analyzing idea metrics using Idea Manager dashboard idea_manager or idea_manager_professional
    Create an idea from a universal request and manage your ideas. Create an Idea from Universal Request idea_admin
    Transfer an idea to another department if the idea is rejected or can't be implemented. Transfer an Idea to another department Agent to whom the idea is assigned or is a part of the assigned work group.