ABOUT THE SESSION:
Establishing Common-Sense Criteria For Killing An Idea/Project Without Killing the Process
The choice of which innovations to pursue is a critical factor influencing a company’s ability to innovate successfully and yet most organizations struggle with how and when to make the decision to cut . Poorly structured idea generation initiatives and evaluation processes can kill promising ideas too quickly.
Sticking with a project for too long because of emotional attachment, reputational risk, sunk costs or lack of other ideas is worse. In this session we will talk about how different organizations have developed simple criteria for evaluating and prioritizing ideas to help screen and review innovation projects. How do they make objective decisions and construct an evaluation process to keep the focus on what matters most, in which creativity is aligned with strategy, and where approved ideas become projects with clear milestones and timelines. What tools do they use to ensure products are moving through the pipelines as planned?
ABOUT NEVILLE THOMPSON
Neville A. D. Thompson is a Senior General Engineer with 33+ years of experience in various work assignments including becoming bench-level engineer, program manager, Branch Manager, and Division Chief. His and his teams have solved challenging technical programs with both classical and innovative solutions. He transformed underperforming organizations to becoming peak performers. He worked in many offices in the Department of Defense including Office of Secretary of Defense, Department of Navy, and the Department of Air Force. In 2007, he was awarded Black Engineer of Year Professional Achievement in Government Award.