Exago

The idea management challenge. How do they do it?

The Brazilian company Fleury – a leading provider of clinical analyses in Latin America – has currently more than 10,000 employees. All can participate in Fleury’s innovation efforts. In 2007, the company initiated a programme to encourage suggestions for how to improve its operations, allowing all employees to submit ideas on paper, which were then evaluated by an innovation committee. A software platform helped, in general, to collect ideas, supporting the programme.

But, the significant amount of work involved in evaluating these ideas led Fleury to consider an alternative. To optimise the process, in 2011, the Fleury group next adopted the Central de Ideias (Idea Market). Created by Exago, this innovation management solution is a software platform where all stakeholders can make their contributions – not only collecting and harnessing everyone’s ideas but also evaluating them.

Within a single year, the results overtook even the most ambitious targets:

Fleury’s innovations have generated millions of reais in value. They’ve reduced operating costs and introduced more efficient, sustainable and environmentally friendly processes. So far this year, almost 8,000 participants are still interconnected and actively participating, and 600 ideas have come to life. People have become the centre of Fleury’s culture of innovation.

In this way, the company has managed to tackle the three central challenges identified above: to create high levels of mobilisation and engagement, to be extremely efficient in the process of idea evaluation and to sustain high levels of participation over time (i.e. avoiding creating an initial peak followed by a drastic fall in participation).

At Exago, we’ve worked with extraordinary clients, such as Fleury, and others from pharmaceutical, banking, utilities and telecommunications industries – across four continents – to help them mobilise targeted communities to solve key business problems by learning from them and with them. What do we then believe to be the 3 key success factors of innovation management? We’ll see that next.

READ MORE:
The first of 3 key success factors of innovation management

FROM THE START:
Can you master the 3 key success factors of innovation management?

Pedro do Carmo Costa, Exago’s director and co-founder
pcc@exago.com