article thumbnail

Innovation Funnel Management System: The Secret Tool to Drive Innovative Product Development in Your Business

Leapfrogging

This is a process I’ve taught businesses to implement for more than 25 years, helping some of the world’s biggest businesses develop their innovation processes. The Innovation Funnel Management Process helps narrow down ideas from an innovation process or project into a realistic plan of action and next steps. . Here’s a?

article thumbnail

Brainstorming with an expert, Richard Ahern

Betterific

Welcome to the second part of our new “Brainstorming with…” series, where we interview two sets of people – the innovation challenge winners and the product developers and innovation experts that sponsor the challenges. MW: How do you ensure that internal brainstorms lead to positive outcomes?

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Boosting Innovation: Harnessing AI for New Product & Service Development

Leapfrogging

The Importance of AI in Today’s Product Development Artificial Intelligence has become an indispensable tool in modern product development. It is not just an enabler but a catalyst for innovation that can significantly shorten the time-to-market for new products and services.

article thumbnail

Stop Slowing Down Your Innovation Projects

Peer Insight

Companies that aren’t optimized for speed often don’t generate the returns on innovation and product development that they’re looking for; in fact, 42% of global innovation executives believe their development times are too long and cite it as the largest barrier to success. And I would say, ‘OK, I’m not starting the project.’

Project 52
article thumbnail

Welcome to The Gold Standard of Brainstorm Facilitation

Idea Champions

Here's what Idea Champions' clients have to say about the value they've received from engaging our brainstorm facilitation services. Through your brainstorm facilitation, we gained more than 100 original ideas of high quality. Extremely engaging and enlightening brainstorming sessions" - Karen Lazan, Marketing Director, Pfizer.

article thumbnail

Working together to shape innovation for meaningful change

Paul Hobcraft

Gains Gains for Building a Business Case for Change : Mergers and Acquisitions : Apply your business case skills to identify potential targets, conduct due diligence, and present compelling reasons for mergers or acquisitions to complement internal innovation developments. Embrace the diversity of opinions to gain different opportunities.

Change 174
article thumbnail

The Future of Design Thinking: Embracing AI Tools for Success

Leapfrogging

Introduction to Design Thinking Design thinking has become a cornerstone methodology in the worlds of innovation, business strategy, and product development. By incorporating AI into the brainstorming process, teams can overcome cognitive biases and explore a broader design space.