There are many ways to create and track idea funnels. Some are regional and take a very large sampling, like www.ideamille.com which seeks to track a thousand good ideas in a geographical region in order to build new entrepreneurial businesses of any type that creates viable and sustainable jobs as well as profit. Some are already highly refined and specialized and drawn through filters of ERP and CRM systems that look for ideas for a specific company to improve their specific operations, like the above illustration and what Novant Health Systems does to evaluate internal and external ideas. The most important filter and element of an idea funnel (and incidentally also of sales funnels) is the discovery or encountering of an internal champion in an organization that will not simply buy a product or service but IMPLEMENT it internally. Proper implementation leads to replication and optimization, and is the essence of good management.

When innovation funnels don’t work (most do not), the fault is in not building in the irreplaceable human champion element.

For More Detail, contact Ultimate Plan Consultants at advisors@ultimateplan.net for a brief conversation with experts ... we are pleased to give some advice and guide you to achieving your ultimate business objectives, whether you buy our time or not. In the meantime, we hope that the information provided, and more to come on these pages in future, will already get you on your way as directly and efficiently as possible. These pages show you the modules and additional characteristics of your presentations that you must have for ultimate persuasive success.

Time is indeed money. Wasted time is costly not so much in paying the wrong people, but in losing your time to market that could have been spent growing and operating the business profitably.

Michael Hentschel, Founder