Media Coverage

Spigit and SDG Collaboration to Give Impetus to Innovation Management

July 22, 2010

By Mini Swamy , TMCnet Contributor

Spigit, a premium provider in innovation management software has decided to collaborate with the management consulting firm, Strategics Decision Group, and SDG made an announcement to this effect.

By entering into a partnership, Strategics Decision Group, hopes to introduce comprehensive, collaborative, enterprise-wide innovation and idea management to Global 2000 companies, guiding them toward enhancing their competencies, and paving the way for more efficient decision-making processes.

This first-of-its kind partnership augurs well for Spigit and SDG, for both the companies will have an opportunity to improve the efficiency and effectiveness of their mutual clients, giving an impetus to innovation and capital allocation.

"The core to value creation is coming up with great ideas, enhancing them, deciding on the best ones, and then iterating before executing," Carl S. Spetzler, chairman and CEO of Strategic Decisions Group, said.

Spetzler believed that Spigit's tools for innovation, which incorporated the "creative ideas of many" into a strategy development process, constituted a very exciting component of the value creation process. He further added that companies that were working towards enhancing efficiency and effectiveness would stand to benefit immensely from Spigit's enterprise solutions.

According to him, there was a sense of anticipation in the SDG about using Spigit's comprehensive tools and the community-style platform to support their clients, as they explored the most effective ways to generate new value for customers and clients.

"Using Spigit's platform, enterprises can engage their employees and external stakeholders including customers and partners in strategic innovation," Mazen A. Skaf, MD, SDG's Europe & Middle East Practice, said.

Skaf was confident that the joint venture with Spigit would enable mass collaboration cross the stages of strategic innovation, from ideation to portfolio balancing and management. CitizenSpigit was a great tool for participative government and fit rather well with SDG's solutions while prioritizing projects and allocating resources.

Paul Pluschkell, CEO and co-founder of Spigit appeared pleased to partner SDG and provide them with solutions that would kindle the process of ideation and innovation management in their clients.

Founded in 1981, Strategic Decisions Group is an international management consulting firm renowned for its expertise strategic decision-making, risk management, and shareholder value creation.

Spigit's award-winning solutions are already being used by many Fortune 2000 companies and other well-known brands at the forefront of innovation. It has a history of working with clients in innovation-intensive, strategic innovation, and R&D portfolio management, optimal resource allocation and risk management.

In a related news release, Spigit announced the availability of version 3.0 of its idea management software platform, S3. This latest version is based on an entirely new widget-based framework that enhances the flexibility and scalability of Spigit's award-winning platform, allowing it to truly adapt with the needs of a business or organization.

Mini Swamy is a contributing editor for TMCnet. To read more of her articles, please visit her columnist page.

Edited by Juliana Kenny

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