Success of Innovation
Innovation is a word that carries a lot of baggage. In some companies, "innovation" is code for "working on something cool." Craig noticed thewhere innovative ideas are judged by:
Scope of the innovation – What business problem/opportunity does the innovation address and what is the size of the problem/opportunity?
Impact of the innovation on software or the software industry – What practical results (sales, users, profits, etc.) has the innovation had on a software product or the software industry? The innovation must be new and have both a current and future impact.
Innovative ideas are judged by practical results! What a great idea!!
Peter Drucker said it best:
The test of innovation lies not in its novelty, its scientific content, or its cleverness. It lies in its success in the marketplace
Is company focused on innovation? or working on something cool?
Looking for the latest in product and data science? Get our articles, webinars and podcasts.