Steps to Innovation

Innovation steps

1. Identify the opportunity, challenge or (if you must) problem.
2. Clarify the precise objectives and expected benefits.
3. Research the background and state of the art initiatives.
4. Be creative and generate wonderful ideas!
5. Feasibility study and risk analysis.
6. Design, development, prototypes and testing.
7. Policies and strategies.
8. New procedures.
9. Market research and marketing.
10. Implementation of a new product or service.

Now ask yourself the following questions about the above:

1. Are they the only aspects of innovation?
2. How could they be improved?
3. Are they in the right order?
4. What happens if you never innovate?

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