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Jenni's Process 3
Idea Analytics: Clustering, Evaluation, SWOT, Income Projection
Generating ideas is one thing. Identifying which ideas
offer the greatest value is quite another. Fortunately, Jenni makes
the process intelligent and efficient.
How Do You Review Business Opportunities?
When you review a business opportunity suggested by an
individual or team in your company, what do you do? If you are like
most senior managers, you assign subject experts to review the opportunity
to see how well it meets business criteria. Perhaps you perform a SWOT
(strengths, weaknesses, opportunities, threats) analysis. You will almost
certainly ask the person presenting the opportunity to do some financial
projections. If the opportunity passes these analytical tests, you take
the idea to the next stage of implementation.
Jenni not only allows you to do all of these actions and
more, but she streamlines the process and automates the reports. Thus
subject experts can easily compare ideas to your business criteria,
perform SWOT analyses, do financial projections and more -- using Jenni's
intelligent analytical tools. Better still, Jenni compiles the results
into score cards and detailed reports that your managers can use to
make intelligent business decisions.
As an added bonus, Jenni keeps a running tally of financial
projections, providing you with an overview of the return on investment
your innovation process delivers.
Advantages
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Jenni streamlines the entire idea clustering, evaluation
and implementation process, making it easy for managers to identify
winning ideas, determine their value and make decisions.
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You can be sure that your managers are using business
criteria that align with corporate strategy.
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The brainstorming process generates multiple solutions
to a problem. However, solutions are all related in that they respond
to the specific brainstorm challenge. As a result, ideas can be evaluated
by a single team of subject experts with relative speed and relatively
little drain on your resources.
- Jenni's income projection tool enables you to see immediately your
RoI (return on innovation).
The Toolset
Jenni's comprehensive suite of evaluation tools includes:
Idea Clustering - Combine related ideas into clusters
for more efficient evaluation and implementation.
Elimination - Remove from the brainstorm ideas
that are non-viable so you can focus on the viable ones. But don't worry.
Jenni will email the submitters of the eliminated ideas with a message
explaining what has happened and encouraging continued participation.
Evaluation - This is the gem. Jenni allows you
to send ideas to teams of subject experts who compare the idea to business
criteria. Jenni compiles scorecards for the overall brainstorm as well
as detailed reports on each evaluated idea. With this information, it
becomes a heck of a lot easier for managers to make intelligent business
decisions and defend them.
SWOT - Strengths, weaknesses, opportunities and
threats analysis has long been a standard business tool. That's why
Jenni includes SWOT analysis in her toolkit. You assign subject experts
to perform the analyses. Jenni then compiles the information into scorecards
and detailed reports.
Income projection - If an idea is promising, you
will want to know how much value it will generate through new income
or cost savings. Fortunately, Jenni includes an idea valuation tool
that allows you to assign idea owners or subject experts to perform
three year income projections. Jenni compiles the information into individual
idea value projections, an overall projection of income potential for
the brainstorm and even a cumulative income projection for all brainstorms.
Jenni's valuation tool demonstrates just how much value you and your
colleagues are generating with Jenni.
Development/export - Once ideas are shown to be
viable, it is time to export them from Jenni and into other software
tools, such as business case preparation, project management files or
even PowerPoint presentations. Jenni's development/export tool allows
you to do this.
Implementation - allows you to keep track of which
ideas are implemented as well as ensure that idea submitters know about,
and are rewarded, for their implemented ideas.
Process flow - That's a lot of tools. More than
any mere idea management software provides. But, of course you are not
obliged to use them all every time. Jenni allows managers to assign
a process flow to every brainstorm. The process flow not only indicates
the stages an idea progresses through from conception to implementation,
but also allows idea owners and others to monitor the progress of individual
ideas, brainstorms and your overall innovation process.
Combine massive on-line brainstorms with this comprehensive
evaluation and analytics toolset and you get the only innovation platform
on the planet that facilitates the entire innovation process, from identifying
problems and goals, through idea generation to evaluation, valuation and
decision making. Contact us to try out Jenni today.
And discover how much your company can grow through structured innovation!
Take Action
Investing in an innovation tool that uses proven brainstorm
methodology together with the analytical tools you know and trust is a
no-brainer! If
you want to regain the your company's competitive edge, contact us today!
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Innovation Process Management Software
North America
South America
India
Are you based in the Americas or India? If so, visit our sister company JenniUSA
with offices near New York City and New Delhi
What's your innovation plan?
"By this time next year, we will either be on our way to becoming on of
the great technology brands, or a cool idea by people who were out-executed
and out-innovated by others." Andrew Mason CEO of Groupon
Acknowledged Expertise
The editors of Wiley International Encyclopedia of Marketing commissioned
Jeffrey (inventor of Jenni) to write the entry on Idea Management. They knew
where to find the foremost expertise on the topic. But do you?
Contact us now!
The future of idea management software is massive on-line brainstorming!
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