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Where will InnovationManagement Software go? This morning I decided to have a chat on ChatGPT on the future of InnovationManagement Software, I asked a number of questions in a short series and can well-relate to the answers provided incredibly quickly. What do you think?
As an innovationmanager, you’re tasked with the challenging responsibility of leading the development and implementation of new ideas, products, and initiatives that will drive growth and competitiveness for your company. This can help you increase participation and engagement among employees and stakeholders.
It raises the question of where can InnovationManagement Software go ever to broaden out, and gain a scale and adoption momentum to support these (individual) efforts significantly. Creating a new context for innovation needs bigger goals. The part towards the end of “ Six Questions to Get on the Same Page with Your CEO.”
This follows from several posts in building this into a new approach and thinking over innovation designs. Diving deeper… In my first post, “ Embrace AI-driven innovation, it is the future.” ” I have been looking specifically at the way the (traditional) innovationmanagement process will change.
It examines anonymized data from over 3600 value streams, representing over 38K individuals across the value chain from ideation to value. It enables a company to adopt new technology disruptors like ChatGPT and leverage them in operations, as opposed to being disrupted by your competitor that incorporates the advantage faster.
Improved access to information speeds up research Question and answer models such as ChatGPT provide quick, concise and relevant responses to queries, replacing lengthy internet searches. A bigger funnel of initial ideas also enables innovators to be more selective with the ones they take forward, resulting in higher quality end results.
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