Innovate or Die – Part 2

Welcome back!  In developing your product or service to be meaningfully unique, you’ll need to leverage three additional points.

Explore Stimulus

Exploring stimulus is a crucial component to the development of new ideas. In typical brainstorming, people make a list of ideas to develop something out of nothing. Imagine if you decided that you wanted to buy a new digital camera. Rather than coming up with a list of features you’d dreamed up, wouldn’t it be easier and more effective if you reviewed different models for the features, benefits, designs and quality to make a decision versus trying to come up with a list of things you think you’d like? Exploring stimulus when developing a new product is the same, where you begin with some building blocks to develop brand new ideas.

Leverage Diversity

Leveraging diversity requires taking different members of your team, even suppliers and vendors, and looking to them to provide new pieces of inspiration. If you only ask one team for their view on a rose, they might all come back saying beauty. Leveraging the diversity can yield different perspectives on the same rose including vitamin c tea, romance and rose water. Bring in different teams and look at what different world views can do for your process.

Drive Out Fear

Drive out fear by applying a system to your innovation process. Deming, who helped Japan rebuild after WWII implemented what we knew in school as the Scientific Method. Plan > Do > Study > Act. Plan what you’re going to do and what you want to test. Do what you’ve planned inexpensively. Study the results. Act on your findings to adjust your idea. A fail fast, fail cheap attitude is best in finding out whether your idea is worth determining that you should continue, you should quit or you should continue but adjust course.

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