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Fast Evaluation of Innovative Ideas

Techniques for Fast Evaluation of Ideas and Fast Decision Making

Free Inspirational Micro-course

By: Vadim Kotelnikov, Founder of Innovarsityfree online Innovation University!

"People think focus means saying yes to the thing you’ve got to focus on. But that’s not what it means at all. It means saying no to the hundred other good ideas that there are. You have to pick carefully." ~ Steve Jobs

List of Slides

  1. Slow Decision Making = Rapidly Declining Revenues

  2. The Importance of Making Decisions Quickly

  3. The Four Fast Idea Evaluation Techniques

  4. 80/20 Principle: Instant Strategic Evaluation of Ideas

  5. Corporate Guiding Principles

  6. Charles Schwab's 9 Guiding Principles

  7. Idea Evaluation by Weighted Criteria

  8. Idea Evaluation by Weighted Criteria: an Example

  9. 4×2 Perceptual Positions

  10. Simulation Game: Innovation Football

  11. Innovation Football: Game in Process

  12. Innovation Football: Game Results

Improvisation within a guiding structure

The Jazz of Innovation




Capturing and Shaping Ideas

The ability to make strategic decisions quickly is vital to your success and survival in the increasingly competitive marketplace.

At the end of an  ideas campaign or the idea generation phase of the brainstorming session, you should also be able choose the ideas you wish to take further quickly. A good brainstorming session can generate a lot of ideas. If you have no means of determining which ideas will best meet your needs, it is all too easy to become overwhelmed by ideas and select none of them, or to choose to implement one of the most obvious but least effective ideas. The best approach is to choose the best ideas from all ideas generated in the brainstorming session and then evaluate them.




Free Micro-courses

Systemic Innovation: 7 Areas Leading Innovation Trainings / Case Studies

Innovation Is Love

Innovation 101

10 Commandments of Innovation

Winning Customers

New Product Development

Fast Evaluation of Ideas

The Jazz of Innovation

Managing Radical Innovation

Inspiring Corporate Culture

Innovation Football

Lessons from Silicon Valley Firms



Creativity Management

Creative Chaos Environment

Cross-pollination of Ideas

Idea Management

Letting the Best Ideas Win