How to Plan the Process

Appoint a leader and team to take your projects on the journey.

Make sure your innovation structure is fixed before a project starts, and that all those involved are aware of the key stages. Planning for the process includes:

• Chart out a clear pathway along which innovation can proceed.
• Fix key stages: initial ideas, development, testing, launch.
• Allocate resources: money, time, skills, and knowledge.
• Appoint a leader and team to take your projects on the journey.
• Fix points to assess projects before granting more resources.

ACTION POINT: Know the guide posts for the innovation process to keep it on track.