Create an Innovation
Create an Innovation
1. Opportunity: Describe the problem that will be solved, or the opportunity that will be realized, through the innovation you will be developing in this class.
2. Ensuring Success: Define the importance of innovation to assuring success for you personally and for the organization for which you will be developing an innovation for this class.
3. Impact on Results: Hypothesize the impact on the organization’s results that your innovation will have.
4. The Innovation: Describe the innovation (product, service, process, management practice, and technology or business model) you will be developing for this class.
5. Creating Customer Value: Explain how the innovation you will be developing will help meet customer needs, create customer value, and impact your organization’s results.
6. Implementation Process: Describe the process you might use to implement the innovation in your organization.
7. Measuring the Impact: Identify how you will measure the impact your innovation makes on customers and/or on your organization.
8. Reflection on Learning: Reflect on the types of learning you might have obtained from the process of developing an innovation.
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