This article gives a very good overview of what an Idea Management system is, typical features and benefits it provides.
“Increasingly, companies will compete based on the speed at which they can discover, develop and implement ideas for new products and services. To compete at this level, organizations must efficiently tap into the creativity of all their employees. Not only that, but they must also be adept at focusing employees’ creative energies around key business issues — gathering and evaluating ideas efficiently, and quickly identifying those with the greatest bottom-line potential for implementation.”
Does your company use an Idea Management solution and how it has worked for your company?
The article can be found here.