The 5 Elements Innovation Framework (Bouquet et al.)

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🔥NEW The 5 Elements Innovation Framework (Bouquet et al.)
Jaap de Jonge, Editor, Netherlands
In an interesting article, IMD professors Bouquet, Barsoux and Wade are criticizing existing innovation frameworks for being UNREALISTIC (being overly linear [like the Waterfall and Stage-gate approaches], INCOMPLETE (not incorporating digital aspects, not being human-centric enough, over-emphasizing action and fast iteration [like Lean Start-up] and downplaying the importance of deep reflection, and MISLEADING (neglecting pitfalls and biases that may constrain creativity, over-focusing on users, and neglecting the importance of other stakeholders). To avoid these issues with existing innovation approaches, they present their own Innovation Framework with 5 Elements. The aim of the 5 elements is to summarize and describe the way unconventional thinkers should and are approaching innovation:
  1. ATTENTION: Focus attention closely and with fresh eyes. Look through a fresh lens.
  2. PERSPECTIVE: Reserve time to step back to gain perspective. Step back to expand your unde (...) Read more? Sign up for free

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Product Development
Summary
Forum
The 5 Elements Innovation Framework (Bouquet et al.)
Next Generation Stage Gate Approach
Process for New Product Introduction
Best Practices
🥇Stage-Gates are Not Limitative
🥈Involving End Users in the Innovation Process
🥉A Good Time to Innovate
My Views on Innovation in Countries
Stage-Gate Process for Quality
Students' Lack of Innovation
Tip: 10 Red Flags for Innovation
Innovation Leadership
Innovation in Emerging Economies
Estabish a Distributed Innovation Group
Innovation versus Improvisation
Iteration in Stage-Gate Model (Dr Cooper)
Ten Commandments for Intrapreneurs
Agenda for a Stage-Gate Meeting?


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