The Structure to Grow Ideas into Solutions: The...
Eric Ries' book, The Lean Startup describes how start-ups grow faster when they release a "minimum viable product" as quickly as possible - and then rapidly iterate it to improve it. This approach helps them attract both early customers and investors, maximizing their chances at success.
My own clients tend to be large, established companies with internal systems that throw up a lot of barriers to innovation. "Minimum viable products" come with the potential to hurt the brand and disruptive innovations threaten existing business models. It's no wonder that these companies struggle with the Innovation process - the status quo is powerful.
The Rapid Learning Cycles framework provides a way to counteract the forces that drive out innovation, while generating pull to help the Innovation team make progress in the face of the needs of the current business. It provides structure and support for maturing your best ideas into tomorrow's innovative products.
This week's Knowledge Brief explains why the Rapid Learning Cycles framework is the engine of Innovation.
- The need to protect the status quo is a powerful barrier to Innovation.
- The Rapid Learning Cycles framework provides a structured process to help companies override their tendency to kill off new ideas and protect the status quo.
- The Rapid Learning Cycles framework help teams fail fast to learn fast and build the knowledge to overcome objections while giving leaders visibility to progress and frequent check-ins.
The Structure to Grow Ideas into Solutions: The Rapid Learning Cycles Framework as the Engine of Innovation
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posted Jul 5, 1:49 am (198 days ago)