Implementing Ideas

This is all about project management, but against a background of uncertainty.

Next, you have the challenge of implementing the innovation possibility-- to make the new product or service come alive, to bring the new way of doing things into shape. This is all about project management, but against a background of uncertainty.

You won't know whether you can actually make the technology work, or if there will be a market for your new product or service, until you try to make it happen. So you need a structure that allows you to monitor progress, and if necessary, stop projects before they go too far ahead.

ACTION POINT: Include monitoring as part of the structure of your innovation process.