What is status change in SAP PLM-INM - Innovation Management?

SAP Term: status change

• Component: PLM-INM

• Component Name: Innovation Management

• Description: A user activity in the system that alters the status of an idea, for example, 'Start Next Phase'. Status changes can also change the phase of an idea.

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• Key Concepts: 
  Status change in SAP PLM-INM Innovation Management is the process of changing the status of an innovation from one stage to another. This is done to indicate the progress of the innovation and to ensure that all stakeholders are aware of the current status. 
  
  How to use it: 
  In SAP PLM-INM Innovation Management, status changes are managed through the Status Change Manager. This tool allows users to define the different statuses that an innovation can have, as well as the transitions between them. The Status Change Manager also allows users to set up notifications for when a status change occurs, so that all stakeholders are aware of the current status. 
  
  Tips & Tricks: 
  When setting up statuses and transitions in the Status Change Manager, it is important to consider how each status will affect the workflow of the innovation. For example, if a certain status requires approval from a certain stakeholder, then it should be set up so that this stakeholder is notified when the status is reached. 
  
  Related Information: 
  For more information on how to use the Status Change Manager in SAP PLM-INM Innovation Management, please refer to the official documentation here: https://help.sap.com/viewer/product/PLM_INNOVATION_MANAGEMENT/7.0/en-US