Showing posts with label Decisions. Show all posts
Showing posts with label Decisions. Show all posts

Wednesday, 28 October 2009

Innovation Process as the Grand National


As organisations have struggled to systematise and professionalise their Innovation Process, so the course seems to have got longer and longer, with more and more jumps, many of them high and with boggy ground around them.

Sometimes the resulting course looks quite short, but the reality can be very different. A senior R&D manager in one company that I worked with told me that their Innovation Process has four decision gates, but he worked out that, on one particular project which eventually reached the market place, there had been in total over 160 decision points.

No wonder new ideas can take so long to get to market, often being dramatically sub-optimised on the journey (the death of a thousand cuts), and allowing competitors to get in there first. And so many good ideas can and do fall at any one of the jumps.
How does your organisation's process work?