Innovation Tools, understand how two common frameworks can help with your innovation process.
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This document, "Innovation Tools: Introduction to Two Frameworks," covers the following 2 innovation techniques.
Innovation Dashboard:
- Creates a visual starting point for a mix of projects.
- Outlines high level probability of success or failure for each project.
- Shows distribution of innovations across the spectrum of risk, product and markets.
Opportunity Assessment:
- Provides a quick way to gauge confidence in a project.
- Facilitates exposing faulty assumptions, gaps in knowledge, and potential sources of risk.
- Identifies and help fix problems that are constraining a project and exposes problems that can't be fixed.
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