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Software Ideas

Preview Newsletter. Issue #73

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OPPORTUNITY #1: Meritocracy-as-a-Service

Level 2 - Indie Hacker

As companies grow, hierarchies become inevitable. Projects become more complex, departments differentiate, and decision-makers start to hire more specialized workers.

And with that complexity comes a need for structure.

In large companies, it's incredibly challenging to ensure that the right people are engaged in the right decisions.

And too often, key employees who have a first-hand view of the problems the organization faces don't have the authority to drive positive change.

Supplemental Reading: McKinsey - How restructuring your organization can unlock massive value

Idea management software like Brightidea offers an elegant solution to the problems associated with a rapidly growing organization.

The innovation management software market is already huge, and it’s segmented into two kinds of innovation: product development and business processes. Expected to grow at a CAGR of 10.2% over the next five years, the global innovation management market should reach $1.7B by 2026. [source]

However, the demands of the enterprise market are quite different from those of smaller companies.

In this issue, we'll dive into the details of the idea management software market, and we’ll build a simple app that lets employees rapidly submit feedback on issues they see from their perspective, how their job could be made easier, with tools to upvote other’s ideas and make general suggestions to the company.

We'll look at how creating an opinionated idea generation framework would allow for companies to quickly get up and running with an idea management software, why a Slack/Teams integration is crucial for creating a tool that down-market companies will actually use, and much more!

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Also in this issue:

Level 2 - Indie Hacker: How to build a scheduling software that handles shift management in a way that employees love, and managers love even more, using limited-time shift offers and predictive AI.
Level 3 - Bootstrapper: An AI Acceleration tool that emphasizes down-market accessibility, one of the hottest trends in AI to date!

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Software Ideas Preview Newsletter | Issue #73! ⭐

Software Ideas

Preview Newsletter. Issue #73

Want Premium?

OPPORTUNITY #1: Meritocracy-as-a-Service

Also in this issue:

What else do I get?

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Software Ideas Preview Newsletter | Issue #72! ⭐

Software Ideas Preview Newsletter | Issue #71! ⭐

Teaser: The new Software Ideas newsletter! ⭐

Software Ideas Preview Newsletter | Issue #70! ⭐

Market Reports: FullStory, Gem, and Sisu Data! ⭐

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