Analytics in Acclaim Ideas
What:
Acclaim Ideas' analytics feature allows you to track and analyze the progress of your innovation journey. This feature offers a comprehensive understanding of how your ideas are performing, campaign progress, and the overall innovation landscape in your organization.
Why:
Understanding your analytics is crucial for informed decision-making. You'll gain insights into what's working and what's not, which ideas are gaining traction, and the overall health of your innovation pipeline. This can inform your future strategy and help you make adjustments as necessary.
How:
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From the Acclaim Ideas dashboard, click on the "Portfolio Analytics" link.
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Review the following analytics:
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Volume: Number of Ideas Generated, Number of Ideas Archived, Number of Options Generated, Percentage of Ideas to Options
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Velocity: Number of Ideas Per Month, Average Time From Submitted to Option, Shortest Time From Submitted to Option, Longest Time From Submitted to Option.
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Rate: The Analysis of speed and volume of idea generation, and how long it takes ideas to be assessed and processed through the platform.
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Users: The Number of Unique Idea Submitters, The Users Creating the Most Ideas.
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Best Practices:
Regularly check your analytics to stay updated on your innovation progress.
Use the data to inform your strategy and decision-making process.
Don't just track activity, but also progress. Look at how ideas are moving through the stages and why some are more successful than others.
Notes:
Keep in mind that while analytics can provide valuable insights, they should be used as a tool to inform decision-making rather than the sole basis for decisions.