Idea management

Prioritization, selection and implementation of ideas

Client

In cooperation with

The Client`s Challenge

To generate "New approaches to serve customers through fresh ideas” to enable growth.

To systematically evaluate and select the right ideas even in their early stages, as well as monitor them during implementation.

The Process

Consulting Workshops (4 half days) with high-level executives from diverse sales regions and the bank management and a member of the Board.

During the workshops the use of IfM’s Opportunity-Feasibility method which enables the creation of a pragmatic set of criteria for idea ”scoring”, tailored to the company and its needs.

Defining key criteria for evaluation of ideas for two different dimensions “chance and feasibility”
Evaluation of ideas using the defined criteria
Developing concrete action plans for selected ideas

The Results

35+ of growth ideas were generated and systematically evaluated.

The ideas with the highest scores in terms of opportunity and feasibility were short-listed.

4 action plans were developed for each short-listed idea including a detailed first milestone to kick start the idea implementation.

The Benefits

For the executives of Steiermärkische Sparkasse, the consulting project result created a solid basis for the evaluation & selection of existing/future ideas and their implementation.

The participants learned and adapted to their needs an easy to replicate process for efficient idea management and systematic evaluation of ideas even in their early stages.

The continuous, repeated added value received is a systematic increase in the number of well-selected ideas implemented.