Webinar: Idea Evaluation Matrix - How to evaluate ideas at scale

Webinar: Idea Evaluation Matrix - How to evaluate ideas at scale

Gathering ideas is just the beginning, and selecting the right ones to pursue is crucial. The idea evaluation process involves assessing factors such as cost, impact, time to implement, and alignment with strategic goals. An idea evaluation matrix simplifies the process by ranking ideas based on various criteria. To create one, select the ideas you want to evaluate, choose your criteria, rate them, score each idea, calculate the weighted scores, and compare. Using such a matrix can help businesses find the most viable ideas.

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More Innovation Resources:

Great Innovators Focus More on Post-Purchase than Pre-Purchase

The post-purchase phase is critical for consumer behavior. Innovators must ensure customer satisfaction to promote repurchasing and positive word of mouth.

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Internal vs. External Crowdsourcing: How to Determine the Best Solution

The article discusses when it's best to use an internal crowd versus an external crowd for ideation challenges, including which types of challenges each group works best for and potential issues to watch out for.

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The Innovative Internet of Everything and Everywhere

The Innovative Internet of Everything and Everywhere

The Internet of Things (IoT) is rapidly expanding, with estimates that up to 50 billion devices will be connected by 2020. However, security flaws and potential regulatory challenges pose risks for consumers and companies alike.

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