Before using a full-scale and full-blown solution design or product, your ideas need to be tested first in a quick and cheap manner using low fidelity prototypes. Prototypes are the less expensive and simpler versions of your solution or product that are used as a model to determine what still needs to be fixed, added or improved before your solution or product is realized. Create the Best Innovative Solution Prototypes Easily Prototyping business idea early and rapidly helps turn brilliant ideas into successful products or solutions. It helps detect and solve problems early on. When you prototype a business idea early, you are able to eliminate uncertainties and improve the accuracy of your idea. It also allows you to explore more ideas and exchange thoughts early on with concerned parties. Prototyping decision matrix exist to help designer understand which type of prototype would work the best at a specific point of time of business development. Such matrix would identify the nature of prototype like service, product, system or space. This provides the pathway for multiple prototyping techniques. Here is an overview of some prototyping techniques.
Ideation activities are sure to bring in a lot of ideas but in most situations, not all ideas are implemented. It is very important at the earliest phase of idea generation that there are already guidelines on how to choose which ideas are in the best interest of a project or an organization.
Did you know that many breakthrough and brilliant ideas started from ridiculously sounding ones? As most people where content with their physical book, Amazon took the lead in online book business. When most people thought videos were only meant for the TV, YouTube took the ‘wild’ business idea of creating a website where people can easily share their memorable experiences. Today, these companies are generating billions of dollars in revenue annually just because they were brave enough to put their seemingly ridiculous ideas into work. What’s the lesson here? Great ideas don’t happen out of pure luck and accident. Ideas, no matter how ridiculous they sound at times, happen and succeed by linking knowledge, insights and experience. These companies succeed because they know how to make connections. They are thriving because they focus on creating strong connections rather than on being stuck into the thought of having a stupidly sounding idea. It’s as simple as that.
For the organization to succeed, it needs to have a structured and business-centered prioritization process to manage innovation. What happens after generating tons of ideas? The answer is you screen those ideas: they need to be chosen and prioritized based on the organization’s needs and objectives. Criteria need to be in place supporting the measurement of an idea’s importance. The following questions can guide the prioritization process:
Innovation is defined as the process of turning ideas into solutions through certain methods referred to as the innovation process.