How to build the right innovation process for your projects
Innovation is a discipline that can be practiced and perfected with established tools, frameworks, and methods, no matter the industry. Choosing the right innovation process for your project can help increase productivity and speed up new product development by 30%. Design thinking is a great way to identify and test ideas in the early stages of development. The lean startup methodology combines hypothesis-driven experimentation with iterative product releases to shorten product development cycles. Other innovation processes include design sprints, business model innovation, agile methodology, and growth & scaling. By selecting the right process, you can put the right people in the right roles and prioritize your most innovative ideas, leading to greater success rates and more projects delivered on time.