Good Ideas Should Never Go to Waste
by Arina Smith Business Planning 29 March 2018
Business owners are really starting to see the value of listening to their employees. All employees could potentially have great ideas, but too many are still getting lost in the ether. This leads to reduced productivity potential. Therefore, businesses which make processes of sharing ideas and information more effective won’t regret it.
Employee Discussions :
Many employees will be more likely to come up with new ideas if they’re allowed to discuss the company together. If these discussions happen regularly, it allows more opportunities for bright ideas to be voiced and heard. With regular brainstorming sessions taking place, good ideas will be less likely to get lost.
Open format discussions can also serve as opportunities for team-building and can help businesses alleviate risks of having employees feel isolated from a group. Another possible positive outcome could be an increase in productivity that may occur when members feel a sense of belonging and a genuine interest in their collective success.
Continuing Projects :
It’s normal for businesses to move on from their older projects. However, most projects will require a lot of research. These projects will typically incorporate many different ideas and potential pivots along the way. Companies shouldn’t just disregard all of this prior research as it might be able to help them in the future.
Utilization of an idea management system might be able to help with situations like this. A platform could be useful for collecting research and opinions of staffers on both the client and management side. It’s important to keep older research on hand and return to ideas that may be too big for the present or too early for the current state of the business.
Keeping Everyone Informed :
Information and research can be lost for various reasons. This sometimes happens because only a few people are involved in the research process or kept informed of what new discoveries are made. When information isn’t shared with all relevant parties, information can be lost when companies experience turnovers in staffing. It’s a good plan to have those who conduct research to have the resources to consistently share their findings with their coworkers.
New Uses for Old Information :
Some companies think that new research needs to be done all the time. While this is true, it is also important to make use of the work that already has been done. Utilizing previous work allows companies to save time, and often they can also save money on the costs that can be associated with time and resources spent on research.
While technology changes quickly, older information can still be valuable. This research provides the background information that companies might need in order to launch new projects. They can also use older research to take their current projects in new directions.
Researchers will often produce results that aren’t immediately useful, but this doesn’t mean that we’ll never be useful. In fact, it’s actually beneficial when researchers come up with surplus information. It means that they’ve performed beyond adequately. It also means that they might save themselves some work in the future. Of course, that will only be the case if their work is preserved.
Projects will be edited. Some research will be used quickly. Most of the research will be saved for a more opportune moment. Idea management will allow companies to make use of all the knowledge and information that they have.
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