Speed of Innovation – How to Master Rapid Prototyping
Innovation requires rapid prototyping, and this article explores methods to increase the speed of innovation. Prototyping well is critical to transforming concepts into useful product or service ideas that can be tested and improved. The quality of learning outcomes is defined by the prediction > test > result cycle. Collaboration is another important method to create disciplined processes of inquiry and to blend various points of view to arrive at actionable solutions. Networks enable individuals to interact directly with each other, and they are particularly valuable for fostering innovation in organizations. Creating innovation networks that do not exist but should and facilitating existing networks are key roles of organizational leaders. One of the principles of the Lean Startup is the minimum viable product, which is the fastest and quickest product launch that will provide customer insights. A/B testing and agile innovation are other techniques that help manage software development projects, which can eliminate guesswork, neutralize opinions, and ensure faster delivery times.