FIR Interview: Matthew Greeley, Founder and CEO, BrightIdea
BrightIdea describes itself as a “the global leader in on-demand innovation management.” Its idea collection software is similar to the platform that underlies Dell’s IdeaStorm and My Starbucks Idea, but collecting ideas is only part of BrightIdea’s approach. Managing the ideas through company processes is at the heart of BrightIdea. In this interview, Neville Hobson and Shel Holtz speak with BrightIdea founder and CEO Matthew Greeley about the notion of crowdsourcing and the philosophy BrightIdea has adopted in bringing the benefits of crowdsourcing to its clients.
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About our Conversation Partner
Matthew Greeley is Founder and CEO of Brightidea, the global leader in On-Demand Innovation Pipeline Management (IPM) software. Before founding Brightidea, Matthew consulted for Wrenchead.com, helping them raise over $100 million in venture funding from investors including: CBS Corporation, Polaris Ventures, and Goldman Sachs. Before joining Wrenchead.com, Matthew co-founded Silicon Valley enterprise software provider Alyanza Software, which was acquired by Niku eight months after founding, yielding triple digit returns to early investors. Matthew began his career at FMK Advisors, an east coast hedge fund, where he focused on marketing and fund raising. He holds a degree in Computer Engineering from Stevens Institute of Technology and studied Creativity and Marketing at Stanford University. In addition to his role at Brightidea, Matthew sits on the board of directors of ClearDay Technologies.
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Imagine an iceberg heading towards you… and you are a ship…
That is a little bit what it’s like when companies try to follow in Dell or Starbucks’ footsteps and realize that collecting ‘ideas’ is only part of the problem.
Innovation needs to be managed, and ideas, whilst important, are only part of the solution. Matt’s work at BI, together with the work we’ve done at Imaginatik (http://www.imaginatik.com) has really helped serious implementors achieve real business benefit (instead of keeping the HP and IBM PC teams awake at night reading every post coming into the Dell system - which is completely public domain, no IP protection, etc).
So - for those implementing real systems, I recommend taking a look at Matt’s firm - and my own, of course :)
Mark Turrell
CEO, Imaginatik plc
http://www.imaginatik.comPosted by Mark Turrell on 10/03 at 04:09 PM
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