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Best Practice in Idea Management From I.K. Hofmann GmbH
Idea management is a central component of modern organizations that strive for innovation and continuous improvement. But how do you create an effective system that motivates employees and brings real change? I.K. Hofmann GmbH provides an impressive example of how to successfully overcome the challenges of idea management and create a culture of innovation.
Using the collaborative idea and innovation management platform innosabi Idea, I.K. Hofmann GmbH has streamlined its idea management processes, increased transparency, and created a motivating environment that improves the quality of ideas and increases employee satisfaction and engagement. In this article, we share some of the best practices that the company developed to optimize its idea management.
The “Ideenhof” as an Innovation Center
I.K. Hofmann GmbH realized that its existing company suggestion scheme and continuous improvement processes were not efficient enough in its decentralized, process-oriented organization. The solution was the “Ideenhof,” a centralized platform that was launched at great expense during the biggest internal event of the year, the company seminar. A hologram show and QR codes for registration attracted attention and initial participation.
- Transparent Communication Motivates
A key element in the success of the” Ideenhof” is transparent communication. A simple submission form lowers the threshold for employees to submit their ideas. The option to submit ideas anonymously encourages honest feedback. Ideas are also clearly categorized and evaluated so that employees always know what happens to their suggestions and who is responsible for them.
- Efficient Idea Process: Submission, Categorization, and Evaluation
The “Ideenhof” makes it easy to submit and classify ideas. There are seven tags for classification, which provide a clear structure. The ideas are evaluated by two experts according to defined criteria for potential and feasibility. This ensures a fair and transparent evaluation and prevents ideas from getting lost in the shuffle.
- Incentive Schemes to Encourage Submissions
Motivation and incentives are key to encouraging active participation. I.K. Hofmann GmbH uses a points system where submitters can collect ‘nuggets.’ These nuggets are converted into tickets to win valuable prizes in an annual raffle. These prizes range from gadgets such as a Nintendo Switch or an iPad to trips. Such incentives create a fun competition and significantly increase participation.
- Transparency and Regular Communication
Traceable processes and regular updates on the status of submitted ideas are essential for employee satisfaction. This transparency means that submitters always know where their ideas stand in the process and feel that they are taken seriously and valued.
- Rotate Evaluation Teams To Avoid Power Imbalances
Although the teams that evaluate ideas are specialized in certain topics, I.K. Hofmann GmbH is considering rotating these teams. It is currently testing this model for its innovation challenges. This will help to avoid power imbalances and ensure that the evaluation remains fair and impartial.
- Added Value Through Exclusive Content and Communication
The “Ideenhof” offers exclusive information and opportunities for interaction that are not available on the intranet. This includes updates on ongoing projects, collaboration with start-ups, and live demos of new technologies. This exclusive content makes the platform attractive and increases usage and interaction.
- Knowledge Management and Avoiding Duplication
Another important aspect of the “Ideenhof” is knowledge management. Ideas are often submitted for which solutions already exist. An effective system for identifying and communicating these solutions avoids duplication of effort. This saves time and resources and helps to make better use of existing knowledge.
- Direct Communication With Management
Anonymized challenges such as “Mrs. Hofmann said” created a direct communication channel to management. Employees were able to ask questions anonymously, which were then answered by management. This direct interaction promotes trust and transparency and shows employees that their concerns are taken seriously.
- Regular Newsletters To Encourage Interaction
Regular newsletters, published monthly or quarterly, help to increase performance and interaction on the platform. These newsletters provide information about new ideas, progress, and successes, keeping employees up to date.
Challenges Before Launching the “Ideenhof”
I.K. Hofmann GmbH faced several challenges before implementing the Idea Hub. Its existing idea management system was not transparent, with no clear deadlines or responsibilities. Ideas were evaluated in meetings, but without clear roles or responsibilities, resulting in a chaotic process. Many ideas ended up with the same people who already had other important tasks, giving the impression that things weren’t moving forward. The submission of ideas was hampered by unclear categories and there was a lack of strategic innovation communication.
The Role of the “Ideenhof” in Addressing These Challenges
The “Ideenhof” created a single point of contact for innovation that addresses these challenges. Clear structures and processes, transparent communication, and an effective incentive system have motivated employees to actively participate and submit ideas. This has not only increased the number of ideas submitted but also improved their quality and feasibility.
Best Practices for Effective Ideas Management
The implementation of the “Ideenhof” at I.K. Hofmann GmbH shows how well-thought-out idea management can contribute to promoting innovation and continuous improvement. Transparent processes, clear communication, attractive incentives, and a central platform have created a culture in which employees are encouraged to actively participate in the improvement and innovation of the company. These best practices provide valuable insights and inspiration for companies looking to improve their own idea management.
To find out more about ideas management best practices, download the complete I.K. Hofmann GmbH case study, request a demo of our collaborative idea and innovation management platform innosabi Idea, or contact our team of Subject Matter Experts today.