M. Rashid Khan
Intellectual Assets and Technology Management Division of Saudi Aramco
Administrator of Corporate Intellectual Assets Management for Saudi Aramco
To empower its employees, Saudi Aramco initiated a new company-wide innovation program. In
order to facilitate innovation, Idea Management
System (IMS) was launched. IMS is an enterprise discipline
that utilizes software products, services, procedures/
standards and policies to intellectually capture,
filter, manage and capitalize on creative ideas across
the company to translate the ideas into implemented
products. Every employee, regardless of the position,
has a chance to benefit the company through using
this system. IMS tracks ideas from inception to implementation
that makes it much easier to track key metrics,
including the estimated cost savings and/or new
revenues from the implementation and provide various
useful statistics. A large numbers of ideas have been
implemented or commercialized adding significant
cost savings and value addition to the corporation.
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