What are the three things every idea needs to be successful? The balanced breakthrough model

What are the three things every idea needs to be successful? The balanced breakthrough model

The Balanced Breakthrough Model is a framework consisting of three essential attributes - desirability, feasibility, and viability - that must be present for an innovation to be successful. If any of these factors are missing, the innovation program is likely to fail. Companies can use this model to prioritize ideas and projects in their innovation portfolio pipeline. The challenge is to validate each idea, but this can be done by testing certain assumptions related to desirability, feasibility, and viability. The validation process should be appropriate to the stage of development and level of investment required. As an idea is developed further into an innovation, more and more data will become available through rapid experimentation which either validates or invalidates the premise of the idea.

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People-Sized Solutions for Planet-Sized Problems.

Innovation efforts fail when they aim to be too big from the outset. Small, personalized solutions that work for individuals and small groups can make a bigger difference.

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The Power of Networks and Innovation Ecosystems with Mikel Mangold

Mikel Mangold, co-leader of the EMEA Innovation Ecosystem Strategy at Lab of NGK SPARK PLUG, shares insights on the importance of networks and innovation ecosystems for corporate innovators in a recently published podcast.

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Kickstart the idea generation process in your organization

Kickstart the idea generation process in your organization

Idea generation is crucial to innovation, yet many organizations struggle to generate ideas. This article discusses why idea creation is important, what makes it difficult, and how to create an environment that fosters creativity. It also introduces tools that can help in the ideation process.

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