How to build the right innovation process for your projects

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.

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More Innovation Resources:

5 Best Practices for Planning an Internal Ideation Process

Innovation requires a systematic approach to turn ideas into tangible results. A well-planned process for internal ideation is important for larger organizations to stay ahead of the game.

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Exploring the Types of Business Collaboration (+Examples)

Learn about the different types of business collaboration, why you need it and how to choose the best type for your organization.

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How to measure the value of innovation in your company

Innovation is a crucial process in any organization, but measuring its value can be tricky. In this article, we learn how to measure innovation effectively, including using KPIs and innovation accounting.

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