%0 Journal Article %J Technology Innovation Management Review %D 2014 %T Collaborative Idea Management: A Driver of Continuous Innovation %A Jesper Bank %A Adnan Raza %K collaboration %K collaborative idea management %K crowdsourcing %K culture %K innovation %K leadership %K Open innovation %K strategy %X Despite the critical importance of innovation to most companies' ongoing success, many organizations fail to develop sustainable innovation management processes. The article explores the application of collaborative idea management to drive continuous innovation in large organizations based on our experience at Waabii, an innovation software and consulting service provider. First, we identify the key roadblocks faced by organizations in managing their innovation processes. Next, we describe the innovation model created at Waabii to help implement a sustainable innovation process, and we present a case study of an innovation management software solution, Exago Idea Market, which was implemented to create a collaborative and sustainable innovation environment in a large global telecommunications company. Finally, we offer recommendations for implementing this model of collaborative idea management. This article is particularly relevant to managers in larger organizations and practitioners of organizational change seeking to identify inhibitors of growth and business innovation and how to combat the roadblocks and create a sustainable innovation environment. %B Technology Innovation Management Review %I Talent First Network %C Ottawa %V 4 %P 11-16 %8 02/2014 %G eng %U http://timreview.ca/article/764 %N 2 %1 Waabii Limited Jesper Bank is CEO and Co-Founder of Waabii Limited, where he is responsible for the company’s strategic direction and partnership development in North America. He works with leaders in public and private sector organizations around the world to help increase collaboration, engage employees in idea generation, and convert great ideas into value. For over a decade, Jesper has helped companies achieve profitable growth through business process improvement, and he currently provides counsel in the areas of strategy clarification, innovation management, and business-process redesign. He also provides idea management software and consulting services that enable firms to identify and prioritize the winning ideas within their organizations. Jesper holds a TRIUM Global Executive MBA from New York University Stern School of Business, London School of Economics and Political Science, and HEC School of Management in Paris, and he has substantive international experience having lived and worked in both North America and Europe. %2 Waabii Limited Adnan Raza is an Innovation Consultant for Waabii Limited, where he provides business support advice and consultancy for Waabii’s idea management solutions. He works with innovation teams in global organizations to improve their business and product innovation processes through novel insights and analysis. He has worked for more than four years in helping global organizations manage innovation through competitive market analysis, as well as the management and protection of intellectual property portfolios. He holds a BASc in Electrical Engineering from the University of Windsor, Canada, and an MBA from Rotman School of Management at the University of Toronto, Canada. %R http://doi.org/10.22215/timreview/764