Bringing an idea to fruition is a six-stage process. It starts with idea generation, evaluation, proof-of-concept, pilot, roll-out, and benefit realization.
Business model innovation is crucial for companies to stay relevant in today's fast-paced market, but it requires careful experimentation and understanding of potential weaknesses that can be exploited.
Innovation starts with exploring uncharted territory, and Sensing is the essential activity that identifies fresh, spicy insights to spark breakthrough ideas.