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Incubation and Development

B3

In a suitable environment, experiment with and incubate selected ideas. Subject these to business case approval and develop them into tested and approved products, services, or capability.

Improvement Planning

Practices-Outcomes-Metrics (POM)

Representative POMs are described for Incubation and Development at each level of maturity.

2Basic
  • Practice
    Discuss the innovative ideas with the innovation development team and Research and Development to ensure that the identified development options are the best for the idea.
    Outcome
    Better exploitation of innovations occurs.
    Metric
    New exploitation paths identified from innovation development plan reviews.
  • Practice
    Update processes, use new channels, and design and build newer enhanced products or services that encapsulate and utilize the innovative ideas as described.
    Outcome
    Ideas are developed into innovations for exploitation.
    Metrics
    • % of ideas developed into innovations.
    • Value of savings or revenue generated from innovations.
3Intermediate
  • Practice
    Discuss the innovative ideas with a cross functional team to ensure that the identified development options are the best for the idea.
    Outcome
    Better exploitation of innovations occurs.
    Metric
    New exploitation paths identified from innovation development plan reviews.
  • Practice
    Update processes, use new channels, and design and build newer enhanced products or services that encapsulate and utilize the innovative ideas based on a set of options created in conjunction with Research and Development.
    Outcome
    Ideas are developed into innovations for exploitation.
    Metrics
    • % of ideas developed into innovations.
    • Value of savings or revenue generated from innovations.
4Advanced
  • Practice
    Discuss the innovative ideas with relevant organizational stakeholders and cross functional teams to ensure that the identified development options are the best for the idea.
    Outcome
    Better exploitation of innovations occurs.
    Metric
    New exploitation paths identified from innovation development plan reviews.
  • Practice
    Update processes, use new channels, and design and build newer enhanced products or services that encapsulate and utilize the innovative ideas based on a set of options created in conjunction with relevant organizational stakeholders and cross-functional teams.
    Outcome
    Ideas are developed into innovations for exploitation.
    Metrics
    • % of ideas developed into innovations.
    • Value of savings or revenue generated from innovations.
5Optimized
  • Practice
    Discuss the innovative ideas with business ecosystem stakeholders and cross functional teams to ensure that the identified development options are the best for the idea.
    Outcome
    Better exploitation of innovations occurs.
    Metric
    New exploitation paths identified from innovation development plan reviews.
  • Practice
    Update processes, use new channels, and design and build newer enhanced products or services that encapsulate and utilize the innovative ideas based on a set of options created in conjunction with business ecosystem stakeholders and cross functional teams.
    Outcome
    Ideas are developed into innovations for exploitation.
    Metrics
    • % of ideas developed into innovations.
    • Value of savings or revenue generated from innovations.