What is Idea Management Software?

Idea Management Software is used to collect, develop, and actualize on ideas relevant to an organization.

Idea management tools help managers and employees categorize and collaborate on ideas.

Moreover, idea submission and development can be opened up to other stakeholders and interest parties, such as investors, customers, and others affiliated with the business.

Systematically capturing ideas helps good ideas from not being collected or acted upon, so more can be considered and vetted.

Idea management software will use elements of:

  • Brainstorming
  • Idea grouping and campaigns
  • Idea funnels and progress benchmarking
  • Collaboration tools
  • Mind mapping and visualization
  • Customizing workflows
  • Gamifying sharing and development