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6 Steps to Transform Your Innovation Process
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Intro:
Innovation is the lifeblood of business growth – yet research shows 70% to 90% of innovation initiatives fail hbr.org. How can your organization beat these odds? In this episode, I unveil the Big Bang Innovation Framework, a proven 6-step innovation process designed to take you from a spark of an idea to scalable success. Whether you’re a corporate innovation leader navigating internal hurdles or an entrepreneur hustling to disrupt the market, this framework provides a structured roadmap to consistently turn ideas into impact.
I’ll break down why innovation efforts often fall flat and show how you can ignite creativity, expand possibilities, and accelerate growth using a science-backed approach. Get ready for an in-depth, actionable guide to supercharge your innovation strategy!
What You’ll Learn:
Why innovation fails (and how to fix it): The common pitfalls – from chasing the wrong problems to lack of strategy – that cause innovation efforts to falter, and how a strong framework solves these issues.
The Big Bang Innovation Framework (3 Phases, 6 Steps): A step-by-step walkthrough of the framework’s three phases – Ignite, Expand, Accelerate – and the six essential stages that will transform how you manage innovation, from ideation to execution.
Practical techniques & best practices: How to apply design thinking, open innovation, prototyping, and innovation metrics at each stage to ensure your ideas are validated and impactful.
Real-world application: How corporate leaders can align teams and innovation projects with strategic goals, and how entrepreneurs can use this framework to test and scale new business ideas faster without wasted resources.
Tips to sustain innovation culture: Learn how to maintain momentum after launch with continuous improvement, and build an agile innovation culture that keeps your company ahead of the curve.
If you find this episode valuable, please 👍 give it a like to support the podcast and 🔔 subscribe for more insights on innovation and strategy. Have questions or your own innovation experiences to share? Comment below – I’d love to hear how you’re driving innovation in your organization. And if you’re ready to put the Big Bang Innovation Framework into action, check out the link here for additional resources and contact information. Let’s spark some breakthroughs! 🚀
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