It’s Risky! It’s Chaotic! Innovation Development is an unusual process. The first unusual characteristic of the process is that it is risky. The outcome is uncertain. You may proceed with full expectation that you will get to market and midway through the process discover a fatal flaw in your innovation. Game over. Continue reading “It’s Risky! It’s Chaotic!”
Are you tired of hearing “fill-in-the-blank will not succeed without top management support”? I am. Yes, it is a reality that any process in an enterprise will be more successful with senior leadership support. But, I am not going to rant about its necessity. Rather, I like to demonstrate that Innovation Development is one activity of the enterprise that is worthy of senior leadership attention.
Our goal is to be a “go to” place for knowledge on the process of Innovation Development.
This is a big subject spanning entrepreneurship, invention, intellectual property, product development, service development, but most of all, creating and improving a process for developing your innovations.
We welcome open innovation. We will bring you a general framework constructed by the site editor plus influential references on the subject of Innovation Development.
What is Innovation Development? That will be the subject of our next article.