When you've set up the impact assessment of ideas in the admin portal of your board, you can now give business impact assessments to ideas on the board. Depending on the metrics you have set up, these assessments can be anything from how much revenue the idea will bring in to how many work hours it will save employees.
The idea impact assessment feature is a great way to get numeric estimates regarding how well the idea will succeed after its initial implementation. This helps you form a better understanding of the value of your entire ideation pipeline which, in turn, helps in estimating the financial impact of your overall innovation work. For more information on the importance of measuring business impact, check out this guide.
To make sure that people have the required knowledge on or influence over the idea to give a relevant assessment, we've made it so that only board admins and those responsible for an idea can give assessments of it.
How to give an impact assessment on the board
Now that we know why impact assessments should be made and who can do them, let's see how it actually happens.
First of all, it's important to note that this feature is meant for assessing the business impact of implemented ideas. For this reason, they will only be visible in a status, which is of the "Done" type.
In this step-by-step guide, we'll demonstrate how to assess the business impact of a freshly implemented idea.
N.B. The following steps can only be done by an admin or an idea responsible.