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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.
This PPT delves into the intricacies of fostering a collaborative culture essential for taking an idea from inception to market. It outlines the critical phases of the Idea Journey, emphasizing the importance of nurturing independent thinking and diverse viewpoints. The deck provides actionable insights into managing the inherent uncertainties and risks associated with innovative ideas, ensuring they are effectively transformed into breakthrough products.
The presentation also highlights the significance of leveraging network brokers during the Idea Promotion stage to maximize reach and impact. It underscores the necessity of clear responsibilities and communication to mitigate the pitfalls of groupthink during the Idea Implementation phase. This comprehensive guide equips leaders with the tools to inspire collaboration and creativity at every stage of the innovation process.
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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
(PPTX)
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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