The Secret to Successful Innovation Is Idea Implementation

The Secret to Successful Innovation Is Idea Implementation

To ensure success in innovation, businesses must follow a six-stage process. It all starts with idea generation, where capturing great ideas from the team requires more than an occasional brainstorm or feedback box. It's a whole process that can be made simpler with dedicated idea management software. Idea evaluation, the first evaluation stage, sifts through and establishes a brief business case for each idea. Proof-of-concept is the smallest practical test that demonstrates the hypothesis is true. Pilot follows with a representative test where the feedback is the key factor. Finally, the idea is rolled out throughout the company, and its benefits realized to establish a reliable innovation process.