In your latest move to drive innovation in your company, you’ve probably kick-started a channel for new innovations and have collected hundreds of ideas. You’ve probably had a few meetings to discuss and review these ideas and maybe even a rough action plan drawn up.
Everyone is fired up, but now is when the real work begins.
Intent alone is not enough to grow a great idea into a solid new business model that is sustainable and profitable. You need the right people, right implementation and right tools. Most importantly, you have to be willing to pull up your sleeves and do the grunt work of seeing it through.
These 9 steps outline how you can make innovation happen:
The strategy tools for business model innovation discussed in the infographic can be downloaded for free on strategytools.io.
Text content an excerpt from our book Dream Bigger.
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What are your biggest difficulties when it comes to implementing innovation? Join the conversation in the comments section below:
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