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1、InnovationProcessManagement(IPM)JeffreyBaumgartnerWiththegrowingpopularityofinnovationinitiatives,evermorecompaniesarelaunchingtheirownactions.However,manyaregoingforwardinapiecemealfashion,runningabrainstormingeventhere,tryingoutanideascampaignthereandpromotinginnovationinvaguewaysinmar
2、ketingcommunications.Suchanapproachworks,somewhat,butitisnotideal.Thebestapproachistohaveacomprehensiveinnovationprocessmanagement(IPM)structurethattreatsinnovationasaseriesofcyclesthatrunwithinagrand,enterpriseinnovationprocesscycle.TheInnovationProcessCycleAninnovationprocesscyclecombi
3、nescreativeproblemsolving(CPS)withscientificpeerreviewevaluationandsometypicalbusinesstools.TheChallengeThecyclestartswithaproblemorgoalwhichneedstobeformulatedintoaninnovationchallenge.Oncethisisdone,thechallengeispresentedtotheproblemsolvinggroup.Thismaybedoneintheformofabrainstorminge
4、vent,ideascampaignorotheractivity.Thegroupproblemsolvinggroupmaybeateam,allemployeesinthefirm,thepublicoranyothergroupofpeople.CollaborationInordertomaximisethecreativepotentialoftheproblemsolvinggroup,theideagenerationactivityshouldbecollaborativeinnature.Thiscanbeaccomplishedinmanyways
5、.Ideamanagementandinnovationprocessmanagementsoftwareoftenprovideson-linecollaborationtools,whilefacilitatorsofbrainstormingandotherideationeventsshouldpromotecollaborativeideadevelopment.CombinationBecauseaninnovationprocesscyclestartswithachallenge,ideastendtobeinterrelatedandmanyareco
6、mplementary.Hence,beforegoingfurther,itisbesttocombinesuchcomplementaryideasintolarger,moresophisticatedideassothattheycanbehandledasasinglepackage.Thismakesthenextstepsinthecyclemoreefficient.ScientificPeerReviewEvaluationHereiswherealotofinnovationinitiativesbreakdown:choosingthebestid
7、eas.Manypoorlythoughtoutapproachesusevoting,whichisagoodwaytoidentifythemostpopularidea,butanappallinglyineffectivemethodforidentifyingthemostpotentiallyinnovativeidea.Ihavealsoseenorganisationsputagreatdealofeffortintoideageneration,leavingthefinaldecisiontoamanagerwhoba
