Also read: How to develop a winning innovation strategy!
Posted: Wed Dec 18, 2024 7:54 am
Now comes one of the most difficult steps: what is your innovation strategy and how are you going to achieve your goals? Develop different future scenarios in which you focus on achieving your primary innovation goals from the third step. Use the trends from the first step and put yourself in the shoes of the customer of the future. The best scenario offers opportunities, seems feasible and is promising. Choose that scenario as your innovation strategy.
5. Plan
Now that you know where you want to go, investigate how you are going to get there and make an initial sketch of a business case. What are the spearheads of the change? Without this overarching master plan, change will not occur and results will be limited to isolated successes of individual innovation projects. Do not get lost in details in this phase: speed is key .
Be focused. Don’t spread your attention and focus on uk telegram data cutting away unnecessary ballast. To deliver results quickly. – Giacomo Manca and Stephanie Sievers, Philips
6. Check
In the previous steps, you have gathered relevant information and made a plan. Now it is time to check: is the plan feasible? Are your key assumptions correct? Can you get the key stakeholders on board? Use the research and feedback you receive to make your plan even better. This may mean that you have to redo previous steps, but it will give you a supported master plan that you can move forward with.
7. Engage
In this phase, you will involve your environment in the implementation of your master plan. Start with your shareholders and management: convincing them is crucial for the success of your plan. Then involve your colleagues and invite everyone to come up with suggestions to be able to implement your plan. Then also talk to customers and suppliers about your plan and its implementation: you can also use their support, criticism and ideas.
People like to be heard. Give feedback when an employee suggests an idea. – Bas de Glopper, KLM
8. Organize
Create the conditions for the people who need to bring about change: when organizing and rewarding your organization, distinguish between existing and new business. If you don't do this, you will lack focus and run the risk that new initiatives will be judged by old standards. Then innovation will not come about.
Assign responsibilities. It is advisable to assign responsibility for innovation to one person in the board. In addition, set up an Innovation Board : a periodic meeting with the most important stakeholders, in which all innovation teams present their progress and receive feedback. This creates direction and support.
5. Plan
Now that you know where you want to go, investigate how you are going to get there and make an initial sketch of a business case. What are the spearheads of the change? Without this overarching master plan, change will not occur and results will be limited to isolated successes of individual innovation projects. Do not get lost in details in this phase: speed is key .
Be focused. Don’t spread your attention and focus on uk telegram data cutting away unnecessary ballast. To deliver results quickly. – Giacomo Manca and Stephanie Sievers, Philips
6. Check
In the previous steps, you have gathered relevant information and made a plan. Now it is time to check: is the plan feasible? Are your key assumptions correct? Can you get the key stakeholders on board? Use the research and feedback you receive to make your plan even better. This may mean that you have to redo previous steps, but it will give you a supported master plan that you can move forward with.
7. Engage
In this phase, you will involve your environment in the implementation of your master plan. Start with your shareholders and management: convincing them is crucial for the success of your plan. Then involve your colleagues and invite everyone to come up with suggestions to be able to implement your plan. Then also talk to customers and suppliers about your plan and its implementation: you can also use their support, criticism and ideas.
People like to be heard. Give feedback when an employee suggests an idea. – Bas de Glopper, KLM
8. Organize
Create the conditions for the people who need to bring about change: when organizing and rewarding your organization, distinguish between existing and new business. If you don't do this, you will lack focus and run the risk that new initiatives will be judged by old standards. Then innovation will not come about.
Assign responsibilities. It is advisable to assign responsibility for innovation to one person in the board. In addition, set up an Innovation Board : a periodic meeting with the most important stakeholders, in which all innovation teams present their progress and receive feedback. This creates direction and support.