Archive for the ‘IDEA MANAGEMENT’ Category

If ideas are the seeds of innovation…

Tuesday, January 22nd, 2013

Innovation is a product of human activity. Innovation keeps life interesting, yet it begins first, with ideation. The creation of a new thought or idea.

If ideas are the seeds of innovation, idea management  is the formalization of the processes involved in gathering, sharing, analyzing and executing the ideas generated within an organization and its collaborative networks.

Ideation and idea management pack the front end of the New Product Development (NPD) funnel with a wealth of viable concepts. Since only a fraction of ideas actually reach fruition, ideation should be harnessed by a process with dedicated resources and with both NPD & LTD (Long Term Development) teams working together.

Ideations can take many different forms. They can be solutions; where there is a problem, there is a solution waiting to be found. They can be evolutionary by modifying an existing product or adding a feature to it. Ideations can be symbiotic; combining multiple ideas, using different elements of each to make a whole. They can be revolutionary (a brand new perspective). Ideations can be serendipitous; where the intended idea is generated by the unexpected. They can be targeted; dealing with a direct and planned path to discovery, or they can be artistic, disregarding practicality and allowing ideas to flow without constraints.

Whichever form your ideas take, how you manage them dictates the outcome of each endeavor. Frequent and intelligently facilitated ideation sessions lead to successful new products… and the much sought after AHA! or Eureka! moment.

Here’s a fun little side fact for you: The Eureka moment is said to be named after the myth that the Greek mathematician Archimedes, having discovered how to measure the volume of an irregular object, leaped out of a public bath, shouting “Eureka! Eureka!” Or, translated: “I’ve found it! I’ve found it!”

Now, getting back to the business of ideation, here are some idea management tips:

  1. Tear down the walls or create dedicated ideation space – Break up teams into people who know each other but are not “that friendly” with each other in order to minimize group think.
  2. Provide a framework to capture ideas – Accept ALL ideas and get them written down on the board. You never know when a concept can be recycled for future use.
  3. Setting and Location – Create a positive environment to delivery pitches, but vary the format as well as locations and times of ideation sessions. Predictability can kill ideation. Mix it up to get people out of their comfort zones.
  4. Info Alchemy – Create and maintain your idea inventory & review it regularly. Build a database of ideas from which new combinations and solutions can be derived.
  5. Include a diverse group of people – In addition to your team, include members such as the sales team, people who interact directly with customers, and maybe even a few select customers themselves to offer their insight into the meeting.
  6. Establish rules of engagement – At some point during the ideation process you will need to inform your team what you are, and are not looking for. Communicate what the overall process will look like, and how ideas will be evaluated.
  7. Recognize and reward contributors – Instill a sense of urgency in every employee about what needs to be done; give them the support they need to feel their good efforts will be rewarded.
  8. Encourage the creative process – The Challenge sponsor must promise that the crowd’s efforts will not be for nothing and that the ideas will all be taken seriously and some will be further developed.

Last but not least start with White Boarding or Brain writing versus just Brainstorming that should follow… ask your Innovation Coach about this.

For additional Tips on Idea Management, see Robert’s Rules of Innovation ™ by Wiley, Spring, 2010.

 

Can Innovation Be a Structured Repeatable Process?

Tuesday, July 24th, 2012

calendarWhen Innovation comes to mind, the first thing people may think of is creativity, spontaneity, or a momentary stroke of genius. But can innovation occur out of a structured, repeatable process? The answer, in short, is yes. In fact, in order to build a long-term culture of sustained innovation, a structured process must be put into place especially in idea generation or ideation. Although it sounds counter intuitive to say “structure” and “ideation” in the same sentence, organizations need to conduct at least two ideation sessions each year in order to foster continued growth. A good innovation leader has the foresight to schedule regular ideation sessions year after year, and not just when sales are dwindling.

Ideation, or idea management, is part of a long term innovation effort that, if facilitated intelligently, leads to successful new products or services. Even if a small percentage of concepts make it through the process, the payoff could be significant for the company. So schedule those bi-annual ideation sessions and invite members from various departments in your organization to participate. You’ll find value in fresh perspectives from customer service, engineering, production, marketing, and your salespeople. Here are some tips for hosting ideation sessions that will lead to the best possible outcomes.

  • Break up teams into people who know each other but are not “that friendly” with each other in order to minimize group think.
  • Vary the format as well as locations and times of ideation sessions. Predictability can kill ideation. Mix it up to get people out of their comfort zones.
  • Accept ALL ideas and get them written down on the board. You never know when a concept can be recycled for future use.
  • Build a database of ideas from which new combinations and solutions can be derived.

By holding regular ideation sessions, your organization is adopting a proactive strategy in the new product development process. To get results in Innovation, a structured, repeatable process is essential. Look to all imperatives of Robert’s Rules of Innovation:

  1. Inspire
  2. No Risk, No Innovation
  3. New Product Development Process
  4. Ownership
  5. Value Creation
  6. Accountability
  7. Training and Coaching
  8. Idea Management
  9. Observe and Measure
  10. New Result Net Reward

These rules of order are meant to be applied regularly as part of a sustainable growth strategy. All these parameters should be continually utilized – and not just when sales or ideas are low – to achieve successful, lasting innovation.

Jump Start the Idea Process for Maximum Efficiency

Tuesday, June 28th, 2011

Innovation begins with just one great idea – built upon, tested, retested and executed with care. It can take thousands of ideas, over the course of weeks, months or even years to reach that one great idea that will bring Innovation and profitable growth to a company. The goal of successful innovation is to get to those monumental moments quicker and more often in order to stay ahead of your competition. That innovation effort is only possible through Idea Management – by holding ideation sessions within your organization. Be sure to create and maintain an idea hopper so you don’t lose any ideas that could potentially pay off later on.

There may be naysayers of ideation sessions, who claim they do not work or that there is no room in the budget. However, it’s all about that small percentage of ideas that make it through the process and produce immense payoff for the company. We’ve all seen that one innovative idea or product that’s catapulted sales and increased shareholder value tremendously for an organization. All it takes is that one great idea among thousands.

Do not overlook the importance of ideation sessions in the process of achieving Innovation. To maximize efficiency, invite your customers and salespeople to participate. It’s a golden opportunity to hear the needs of your consumers, and salespeople can produce invaluable insights about the marketplace. Include other departments of your organization as well, even the ones labeled “not creative” because it would be a shame to miss out on a potential opportunity. Everyone is a consumer so all opinions are relevant.

A diverse group, forced to perform out of their comfort zone, produces the highest quality work. So hold your ideation sessions outside of predictable times and locations – try it at a client’s office or a third party venue. Avoid Monday mornings, Friday afternoons or right after lunchtime when energy levels drop. Most importantly, accept every single idea that comes through without objection or ridicule. By asking the right open-ended questions to unlock new insights and discoveries, to narrowing down to specific concepts, you can jump start the idea process and reach the next “Aha!” moment sooner than your competitors. A concept that doesn’t work at the moment could prove to be successful later on down the road – so store best practices. Maintain an idea database, cross fertilize and keep those ideas until the right technology or cost is possible.

Robert’s Rules of InnovationTM is focused business innovation, with Robert Brands’ goal to bring one new idea to market every year. For more tips on Idea Management and the 10-Step Program for Corporate Survival, see Robert’s Rules of InnovationTM published in March 2010 by Wiley.

 

Is your Idea pipeline being filled and maintained?

Monday, November 29th, 2010

If even 1% of new ideas succeed, it can lead to a huge payoff. A steady stream of ideas is what fuels Innovation, so one of Robert’s Rules of Innovation imperatives is Ideation, or the idea management processes .

On any new product development team, it is up to the leader to facilitate ideation sessions that produce a regular supply of new ideas. In order for these ideation sessions to be as effective as possible, it’s valuable to include members such as the sales team, people who interact directly with customers, and maybe even a few select customers themselves to offer their insight into the meeting.

In these brainstorming sessions, which should be held regularly like two to three times a year,  it’s ideal to include a diverse group of people – perhaps from customer service, engineering or production – to create a setting ripe for creative ideas and to avoid group-think. The process should be a structured repeatable process. All ideas should be written up on the whiteboard or flip chart, then recorded and stored for future reference, with absolutely no ideas dubbed as bad. Negativity causes fear of judgment, which can seriously hurt the Ideation process and any chance of new and original ideas. Remember, good ideas can come from anywhere, so the more diverse your team and the more removed they are from their usual environments, the better for developing ideas essential to Innovation. Continue reading “Is your Idea pipeline being filled and maintained?” »

Innovation Trend Spotting: Shepherding a Team of Opportunists

Monday, February 22nd, 2010

When an entrepreneur creates a new product or company, the result usually is borne by spotting an emerging trend, conceptualizing an innovation, or seizing an opportunity unmet or consumer behavior emerging in the marketplace.

Continue reading “Innovation Trend Spotting: Shepherding a Team of Opportunists” »

Innovation and Idea Management: From Ideation to Collaboration to Execution

Monday, November 16th, 2009

Innovation thrives on a diet of news ideas. Alt:  Innovation: What a great idea !

It needs new views, fresh thinking, a different perspective from across the organization.

We’ve noted that Innovation = Creative x Risk Taking. Setting aside risk for the moment, creativity is a central element to the innovation process. But it must continually be nourished with new ideas from a variety of sources.

Continue reading “Innovation and Idea Management: From Ideation to Collaboration to Execution” »