After wiping the tears of laughter from my eyes, I realized that, to an extent, he was absolutely right. All companies already manage their ideas in some format - just in most cases this system is horribly inefficient and erratic. Formalizing and enabling this process using software is really about making a process most companies still take for granted, and enabling it to produce regular (and valuable) results that drive future business profitability. Six Sigma that!
I can see the next ad campaign now....
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