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 [...]
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