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DESCRIPTION
Idea Incubation to final Product Development is typically a lengthy, time-intensive process. The primary reason for this scenario is that even genuinely-innovative ideas, at the most-admired Innovation front-runners, often get delayed, robbed off their originality, or shelved in their stages of development or during implementation.
As innovative ideas are unique, deficient of any precedents, it's tough to persuade stakeholders to invest in them. Therefore, people typically tend to transform highly-innovative, but risky ideas into more routine and risk-free forms to get them pass the stakeholders. scrutiny.
Selection of right ideas to receive funding for further development is one of the most important decisions for an organization.
This presentation deliberates on the 4 progressive stages of a collaboration-driven approach required to spur Innovation and enhance chances of developing breakthrough products:
1. Idea Generation
2. Concept Elaboration
3. Idea Promotion
4. Idea Implementation
The slide deck also includes some slide templates for you to use in your own business presentations.
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Source: Best Practices in Innovation, Ideation, Collaboration PowerPoint Slides: Collaboration-driven Innovation PowerPoint (PPTX) Presentation, LearnPPT Consulting
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OVERVIEW
We are a team of management consultants trained by top tier global consulting firms (including McKinsey, BCG, Deloitte, EY, Capgemini) with a collective experience of several decades. We specialize in business frameworks based on real-life consulting engagements.
We have served 100s of clients that range from Fortune 500 companies to tech startups to $1B+ private companies.
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