Myth
Innovation is all about getting new ideas.
Truth
Ideas are cheap and plentiful. Profitable ideas? Not so much! If your
innovation process starts with the
search for ideas, you’ve skipped an
important step.
Myth
You can’t impose a process on innovation because a process will kill
creativity.
Truth
Without a process, innovation will happen less frequently and less
effectively. A world-class innovation
process,such as
The
Innovation Workgroup System, actually promotes creativity and
harnesses that
creativity so that it adds to the company’s bottom
line.
Myth
Innovation can’t be managed through a process because ideas come
spontaneously.
Truth
Great, spontaneous ideas, such as Archimedes’ discovery of the
displacement principle and Newton’s
discovery of the principle of
gravity, happen only once in a great while. The world’s most
innovative
companies don’t wait for ideas to come. They apply
sophisticated techniques in a formal innovation
process to generate
dozens or even hundreds of original ideas.
Myth
The innovation process is primarily about the management of ideas.
Truth
While idea management is absolutely essential for successful
innovation, it is only one element in the
innovation process, and it
is used most effectively after 2/3 of the process is already complete.
Myth
Innovation management software provides the process we need to make
innovation happen.
Truth
Most innovation management software doesn’t even support a complete
innovation process, and it can’t
create a process in your
organization. Software can add great value to your innovation process,
but only
if you first design a world-class innovation process and then
use the software to support it.
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