It's the best ideas that should win, not the ones with the loudest supporters.
Idea meritocracy, a term created by the Bridgewater founder Ray Dalio, is a great concept for describing the best and most innovative organizations. Everyone can, and should, express their thoughts and ideas openly, and that's how the best ideas often emerge.
Great leaders are often not the ones with the best ideas, but the ones who ensure that the best ideas emerge victorious. Hence, in order to continuously capture the tacit knowledge, and passion of team members, a structured, objective, and result-oriented ideation process has to be implemented.
In an idea meritocracy, it's good to disagree openly. When disagreements are managed transparently, and objectively, they lead to new insights and better ideas. It's this culture where you can challenge conventions that helps you gain a competitive advantage as an organization.
Idea Meritocracy In a Nutshell
An idea meritocracy is a simple, yet extremely powerful concept. To create one, you need three basic building blocks.
Openness To Ideas From Everyone
Radical Transparency & Permission to Disagree
Truthful & Objective Decision-making
Viima Helps You Create & Scale An Idea Meritocracy
Viima is a fully-featured idea meritocracy software that provides you with everything you need to create a true idea meritocracy: collect, develop, prioritize and manage your ideas systematically and transparently across the organization.
It's easy to use and simple to get started with, yet flexible enough to work for the needs of even the largest organizations. Plus, we offer a free plan for an unlimited number of users.
Enterprise-grade reliability, security and flexibility.
Viima's idea meritocracy software was designed to be super easy and engaging to use, while still providing you enterprise-grade capabilities. As a result, people love using it.
Flexible
Scalable
Secure
Viima allows everyone in the company to raise ideas, questions or concerns, directly to the top management team, and in an anonymous way.
It's a powerful tool to get feedback in full transparency and find adapted solutions in a very timely manner.
Did you know?
20,000+ organizations across the globe innovate with Viima.
Discover how they use Viima to innovate, grow, cut costs, and achieve their business goals.
Key Success Factors for Creating An Idea Meritocracy
A good idea meritocracy software like Viima already goes a long in getting it right, but there's a bit more to idea meritocracy than that. However, as long as you keep these best practices in mind, it's almost guaranteed that you'll succeed.