Stages of Innovation

Posted on 05. Oct, 2009 by Joe Wood in Thoughts

When I said “start innovating” in my previous blog, you may have scratched your head in confusion and said, “How do I start?”. To make it easy for you, I will list down the stages of innovation:

1. Identify the problem or opportunity.

Do some evaluation and research to answer these questions:

  • What are you trying to innovate?
  • Will this help you achieve your vision?

2. Start breaking down your problem or opportunity into pieces. Come up with questions.

Answer the what, where, when and how of your problem or opportunity. For example, if you have a problem with your product sales, you can start answering this question “how can we increase the sales of our product?”. Then break it down into smaller questions like “what is wrong with our product?”, “how can we add more value to it?”, “where can we market our product?”, etc.

3. Brainstorm with your group for ideas.

Organize your questions then answer them. Just write down all the answers. Write as many as you can. Do not reject any answer. The idea is to come up with as many answers as you can.

4. Analyze your ideas. Separate the ones that make sense from the ones that don’t.

5. Develop some concrete solutions.

6. Test your solutions and look for ways to improve them.

7. Take action. Start implementing the changes in your organization.

If you like what you’ve read than please join the conversation by posting your comments below and sharing this post on twitter (to share on twitter just click on the below retweet button).

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