A measurement of future performance; forecast trends within an economy, industry, or a company.
Output metrics are used to track the performance and success of an innovation strategy after implementation. (e.g., product fit, ROI)
Entrepreneurial Culture: A workplace ethos promoting innovation, risk-taking, and proactive problem-solving.
Philosophy where the main goal of the leader is to help the team reach their goals and do their best work.
To effectively execute innovation and develop successful products, companies must conceptualize the product, engineer/architect it, enable user interaction, and design the customer experience. The Outcome-Driven Innovation process enables companies to use Jobs-to-be-Done Theory to conceptualize products that meet customer needs.
Startups have a special relationship with innovation, but it is a risky business. Here are some innovation tips for startups including research, evaluation, pitching, establishing a culture of innovation, scheduling time for innovation, and embracing technology.
Overcoming creative blocks can be frustrating and time-consuming. Woody Bendle suggests using a creative thinking exercise called "What Would Scooby Do?" to break through the creative funk with fun and innovative ideas.
