Product Innovation Trends

Accelerating Innovation: 5 Ways to Pick up the Pace

Jessica Davis | March 25, 2014

The following is an excerpt from our whitepaper: Better, Smarter Faster: Accelerating Innovation Across The Enterprise.

When your business is iterative and agile, innovation is part of the process. But to gain that kind of agility, you also need the right systems to support a very different way of doing business. How can you gain insight into what customers want today and tomorrow, get buyoff from all key stakeholders and collaborate across teams?

Here are five things you can do to pick up the pace of acceleration in your business:

Get customer feedback quickly
Use mock-ups and prototypes to get your ideas into the world faster. Test out theories, try out new features and refine detailed requirements with every release cycle.

Make meetings matter more
Scheduling a meeting to get everyone up
to speed is a waste of everyone’s time. Use collaboration tools that give your teams the information they need in advance, so you can make the most of every real-time interaction.

Iterate to innovate
Iterate early and often—including within a development cycle. Just make sure you have the right solutions in place to keep the entire team aligned, or someone is likely to get left behind.

Collaborate every chance you get
Product delivery is a business problem that goes beyond development. From concept to launch, it requires collaboration from everyone: analysts, developers, customers and stakeholders. Get them working together and you’ve got a formidable force on your side.

Give teams the power of context
Understanding the framework of what everyone is doing and why they’re doing it— and of course, how it all fits together—is key to success throughout the product development process. Provide an easy way for your teams the ability to gain the knowledge they need.

Download the complete whitepaper now: Better, Smarter Faster: Accelerating Innovation Across The EnterpriseRead the first parts: The New Economic Reality,  Competition in Global Markets and Competition is Heating Up.