Inefficient idea management system that prevents full realization of the value of ideas.
Large businesses encourage their employees and teams to initiate a wide variety of ideas to improve operational efficiencies. In absence of a strong and integrated initiative management system, valuable ideas get delayed and key solutions are overlooked. The trajectory of the idea gets engulfed in likely bureaucratic bottlenecks instead of being accelerated by an agile system. Huge opportunities are lost because ideas weren’t implemented in time, didn’t receive attention in time or to the extent they deserve.
Giant enterprises are a continuous work-in-process when it comes to different facets of operations. Employees and teams continuously come up with creative ideas with which to cut costs, improve efficiencies, increase productivity and serve customers better. We implemented our own product Caartera, which is a fully organized and optimized idea management system. It empowers organizations to ideate, plan, collaborate, optimize, communicate and deliver initiatives. It gets all relevant teams into the picture at the right stage, letting them feed their expertise into the growth and development of the idea. The initiative tracking and system is agile, fully accountable and comprehensive, which helps better achieve goals at every stage.