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Breakthrough ideas will only create new value and revenue if you're able to capitalize on them faster than your competition. However, speed requires that you minimize "non-core" innovation so that you can match your resources with the most promising projects. 

 

The Innovator Enterprise Management System helps you monitor the entire process from front-end to product lifecycle management.  As a comprehensive system, Innovator brings order to your innovation process by automating labor- and paper-intensive work. It combines analysis tools, portfolio management, and evaluation metrics for ranking and comparing ideas with corporate objectives.  Ultimately, the Innovator system speeds the entire process from conception to commercialization. 

 

To find out more about how our software solution, Innovator, can help you, particularly Portfolio Management and Decision Support, click Innovator Standard Features. To see some of the pre-designed modules for specific business processes, click Innovator Specialized Templates.

Managing Innovation Managing Intellectual Assets
Success runs on your innovation engine . . .
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Identifying ideas is not enough. You must manage your IP to create maximum value . . .
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Managing Innovation
Success runs on your innovation engine. One of the most statistically significant predictors of strong market value is the percentage of new products less than 3 years old in a company’s current revenue mix. Companies that can effectively bring highly differentiated new products to market experience higher profit margins, greater market share, and better returns.

The difficult part of this process is maintaining sufficient innovation to support the growth engine. It takes thousands of ideas to find a few gems. The Innovator Enterprise Management System can be configured with a set of innovation modules that help facilitate this process more effectively. Each module contains templates to capture the most common innovations (new-to-world, new-to-company, etc.), as well as the mechanisms for handling thousands of raw ideas through a hierarchical review process that finds the most promising breakthroughs. Routing begins at the “Innovator” level and proceeds through Experts to various Review Committees. Along the way, innovations are benchmarked against appropriate analysis questions. E-mail messaging (as opposed to tasks) increases collaboration and communication.
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Managing Intellectual Assets
Managing Intellectual Assets. Identifying ideas is not enough. You must manage your IP to create maximum value. Your invention process is a critical factor in your competitive position. To facilitate faster throughput, the interplay between business, legal, and technical groups, and provide better “kill” decisions, Innovator can now be configured to manage this process. The software includes the appropriate forms, such as invention disclosure, to capture relevant information such as external disclosures, co-inventors, and relevant dates. In addition, IP-specific analysis question sets benchmark your potential IP against your organization’s criteria and impart consistency in your decision-making process. To facilitate accountability, an automatic IP-specific workflow process routes potential IP to any number of various Portfolio Managers, IP Attorneys, Patent Agents, and Reviewers. It documents where the IP is in the process, idle time, and next steps. Ancillary procedures such as IP activity monitoring, e-signature witnessing, confidentiality marking, and security levels further complete the robustness of this configuration module. 
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Learn More
To explore further, read our white papers below. Or visit our Resource Center to see all our papers.

Six Sigma Quality for Intellectual Asset Management
Managing Information Age Intellectual Assets
When It Comes to IP Management – Get Serious!
Three Key Ingredients for Every Innovation Recipe
S.O.S. - How to Avoid “Titanic” Mistakes in M&A
IP Management–Overcoming Today's Obstacles

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Request a Demo
See the Innovator
TM  Enterprise Management System in action.   Request a demonstration now

Would you like a demo of the Innovator?  Click here to schedule a demo, or call us now at 724-743-4242 x4

In the middle of difficulty lies opportunity.
Source: Albert Einstein

MindMatters can help you evaluate your current innovation environment.
We'll show you how to use Innovator™ both to speed the time from idea to profit and to increase the value of your innovation process.

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