The 6 phases of the entire innovation lifecycle [Stages]

The 6 phases of the entire innovation lifecycle [Stages]

Innovation is essential for a company's long-term success, and understanding its different phases is crucial. This article explains the three primary innovation models - Stage-Gate, Lean Startup, and Design Thinking - and their applications. It then outlines the six phases of the innovation execution process, from problem finding to delivery, which can be used by enterprises of any size for innovation projects. The article stresses the importance of each phase, keeping communication lines open, and updating the vision for successful outcomes.

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More Innovation Resources:

The LAB: Task Unification on a Guitar (July 2008)

Task Unification is used to invent new guitar concepts that tackle the problem of retuning guitars between songs while playing in a band.

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A Joint Pledge for Responsible Innovation

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How to Placate Dissatisfied Stakeholders

Dealing with stakeholders is a vital skill for project managers, especially when facing delays or budget overruns. Listening to their concerns, highlighting issues early, taking responsibility, and clear communication can help keep stakeholders on board.

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