Idea evaluation

Idea evaluation

Identifying successful ideas is challenging since it involves evaluating all ideas in the innovation process, incorporating different criteria such as sales and profit potential, differentiation opportunities, implementation and risk. A multi-stage evaluation process for ideas is recommended. To successfully evaluate ideas, it is necessary to evaluate from different perspectives, like marketing, engineering, management, and customers. Innolytics® software offers functionality for growing concepts, 360° analyses, and idea analysis to identify the best ideas within your company quickly and easily.

View

More Innovation Resources:

The 8 Forms Of Lean Waste Applied Business Extra Production

The 8 Forms Of Lean Waste Applied Business Extra Production

Extra-processing is a type of waste that occurs when unnecessary features are added to a product or when employees do more work than required. It can be reduced using an innovation management software platform.

View

What Do Innovators Look Like?

Innovation teams need to be savvy in marketing and communication tactics, including understanding the demographics of innovators.

View
4 inspiring ways the most innovative organisations use co-creation -

4 inspiring ways the most innovative organisations use co-creation -

Co-creation and collaboration are becoming embedded in the business strategies of leading global companies, with 61% working with suppliers and 58% directly with customers, according to a survey by Innovation Leader. Successful collaboration offers huge benefits and is key to staying relevant in today's market.

View