A measurement of future performance; forecast trends within an economy, industry, or a company.
A physical prototype is a tangible representation of an idea or concept, designed to help showcase, test, develop and evaluate its potential for use.
A simple way to express a process of new product innovation. Examine and break the process down into discrete stages.
Challenge Design is the strategic crafting of problem-solving contests to spur innovation and harness collective brainpower.
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.
