In today’s business climate, innovation management is a requirement. But how do you track and plan for innovation in a fast-paced, bottom-line driven environment? How do you calculate the risks and threats to the organization that innovation may present?
Active Risk Manager (ARM) provides the backbone for innovation management, sharing and control. It helps you identify and understand the unknown and flesh out the unintended consequences a new idea may cause.
- ARM provides a way to collect, score and highlight all types of opportunities identified by employees for innovation for immediate action by management
- ARM provides increased visibility across the organization and the elimination of information silos
- ARM removes uncertainty by collecting all risk data and helps reveal hidden impacts of innovation
Using ARM for innovation management removes the uncertainty from new ideas by collecting all related risk data into one place, helping to reveal hidden impacts and improve decision-making.