1. Using Innovation Management
  2. Overview of Innovation Management

Overview of Innovation Management

Innovation Management promotes the abilities of the enterprise to build the best products.

Innovation Management enables a company to:

  • Collect ideas from different sources, collaborate on them, identify the best opportunities, and promote them as new or enhanced proposals;

  • Identify key elements to build detailed requirements for these proposals;

  • Analyze their proposals using OTBI analytics; and

  • Develop concepts supporting those proposals to ensure that the product goals are met.

These capabilities don't have to be done in any set procession of steps, but can be done in any order based on the enterprise's business processes. See "Brief of Innovation Process."

INNOVATION MANAGEMENT SOLUTIONS

The Innovation Management suite includes the following:

  • Product Requirements and Idea Management supports and simplifies the innovation process with creating and managing ideas, requirements specifications, and requirements business objects.

  • Concept Design Management supports defining a product in its conceptual phase, using concepts and proposals. Requirements, concepts, and proposals are designed to work together closely.

INNOVATION MANAGEMENT WORK AREAS

You can access the work areas of the Innovation Management solutions from the Navigator based on roles assigned to you. The three work areas of Innovation Management are as follows.

  1. Activities related to ideas are done in Ideas work area, which is accessed by company employees and trusted partners and customers.

  2. Activities related to requirements, concepts, and proposals are done in Concept Design work area, which is open to design managers, design engineers, and product managers.

BRIEF OF INNOVATION PROCESS

Entering ideas into the Ideas work area is the beginning of the innovation process. As ideas are enriched, grouped, and matured, they can be attached to a new or existing product proposal in the more restricted Concept Design work area. You can also convert ideas into more formal requirements specifications, which in turn serve as input for concept designs.

Another scenario might see new concepts developed without input from requirements or ideas. In this case, appropriate requirements specifications can be developed afterward, contributing to the maturing of the concept design.

Once a concept design is approved, structures of product concepts and product requirements specifications are delivered to Product Development or Agile Product Lifecycle Management (or other PLM application) for detailed design, creation of prototypes, and ultimately the introduction of a new product or enhancement.