The “Opportunity Screening Worksheet – Second Cut” figure shows the detailed questions and scoring for the second round of work and evaluation. Opportunity Screening Worksheet – Second Cut Also provided is the “Opportunity Screening Worksheet – Third Cut” figure. During the second and third cuts, promising ideas get more attention. Opportunity Screening Worksheet [...]
The next step in the process is to do a first cut or preliminary screen. The screen consists of six Numbered Questions each with a list of “for consideration” questions to guide thinking. Instead of actually answering the Numbered Questions in detail, the only thing the small groups doing the evaluation needs to [...]
A process for identifying those new business development ideas with a higher than average probability of success, was developed at the Hoechst Celanese Corporation Office of Innovation. They reviewed more than 1000 ideas generated through their Idea Fund and Opportunity Bank in order to come up with a way to improve the survival [...]
Because of the comparatively low level of innovation required for Horizon One and Process Improvement projects, these projects can be started from lists of identified opportunities. These lists typically come from key customer requests, marketing and business development personnel, trend analysis, competitive intelligence, process flow analyses, operations benchmarking, or Pareto analysis. The identified [...]
Innovation Stage Mapping Survey One of the best ways to answer the question of where project is in its innovation journey is to use the questions in the “Innovation Mapping Survey” figure. After the questions have been answered, the key at the bottom of the survey can be used to determine (by the [...]
Dot Collector Software Application An important capability needed in innovation organizations is the ability to predict what is not known. The tool to do this is the “Dot Collector” developed by Ray Dalio. The “Dot Collector Software Application” figure shows a screenshot of the tool. During all meetings, all participants constantly evaluate whoever [...]
Values to Align Between Work and Personal Life The "Values to Align Between Work and Personal Life" figure shows values that best reflect personal, versus work, choices. For the senior leadership in Innovation Organizations it is best to ensure that the top five personal and work values align. If they do not, an [...]
This "List of Values Used at Work" figure shows definitions and explanations for each of the values in the "Values Management Inventory by Stage" figure of the previous post. List of Values Used at Work
Another important organizational design element is to match individuals’ values with the needs of an organization. One of the best tools for doing this is a Values Management Inventory available from Values Technology. By using such an assessment, each individual in the organization can be understood in terms of their phase of development [...]
Another extremely valuable tool for innovation organizations to use is the Kirton Adaption-Innovation Inventory. KAI measures style of problem solving and creativity. This tool provides insight into how people solve problems and interact whilst decision-making. Using this insight, Innovation Management leaders can improve the dynamics and cohesion of their teams. The tool shows [...]
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