Ideation or prioritization? Imagine you had a choice of being really good at one, but not the other. You could be a master at creating ideas, or you could excel at selecting winning ideas, but not both. Which would you choose?
Two things intrigue me about this trade-off. First, companies spend too much time and energy prioritizing ideas and not enough on creating ideas. Second, the innovation space seems to demand a completely different set of tools and techniques for selecting ideas than the tools and techniques used for making other business decisions. In reality, there is no difference. The tools used to make everyday business decisions should be the same ones used to prioritize ideas.
I face this issue a lot when speaking about innovation. “How do you select the best idea to pursue? How do you know which idea is going to be the next blockbuster? What is the secret to spotting great ideas?” I just spoke to an outstanding group of MBA candidates at the Columbia Business School. One of the students wanted to know my views on this. It is as though I have a special eye or an innovation Magic Eightball for picking winners. If you can unlock my formula, you will find the path to riches. Not even close.
In my view, prioritization of ideas is not an innovation issue, and it does not belong in the discussion at all. The problem of which idea to pursue from among a list of choices is a subject well covered by the behavioral decision sciences. An amazing body of research exists in this field. Researchers have described highly effective methods of choice that circumvent the inherent weaknesses of humans in making decisions. The choices we make in the innovation space are no different. The choice of which innovation to pursue should be approached the same way one decides on what clothes to wear or what person to marry: 1. consider the criteria that are important, 2. weight those criteria, 3. score each candidate on those criteria, 4. add up the results, and 5. let the chips fall where they are. The highest rated idea is the one you should pursue. It’s that simple.
But innovation choices get special privileges over other choices. We seem to require methods of choice that deserve royal treatment over other methods of choice. A cottage industry within a cottage industry has evolved to create a sense of uniqueness when in fact no uniqueness exists. A wide variety of special tools have emerged to select and manage ideas. The good news about many of these tools is that they have the right science built into them. Here is a sample (from Innovation Tools – thanks, Chuck!)
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Accolade Idea Management
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Ameli
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BrainBank
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BrightIdea.com
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Cognistreamer Innovation Manager
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EGIP Idea-Modul
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Engage ThoughtWare
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Idea Management System
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Idea Reservoir
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IdeaBox
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IdeaCenter (Akiva)
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IdeasTracker
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IdeaValue
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Imaginatik
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Ingenuity Bank
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Insight Results
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Jenni Enterprise Idea Management
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OVO Innovation
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Prism Idea Management
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Target Idea Management for mySAP
Executives obsess over finding the right method to select ideas when they should be more focused on how to generate ideas. The zeal over prioritization puts a drag on the core issues surrounding innovation such as how to innovate and how to make it routine and part of the culture. Why do executives sweat more over selecting ideas than generating? My sense is they feel more accountable when choosing an idea than when generating the idea. Generating an idea doesn’t carry with it any risk or obligation to spend. Choosing an idea does both. If companies want executives to put more priority on generating ideas, they will need to change this.
It is time to strip out this issue entirely from the innovation discussion. Don’t mix the two. Put the emphasis on a method to generate many great ideas and not on the method to choose the right one. For that, use the well-established science. Just as Fortune 100 companies use the well established methods to innovate, we should use well established methods to prioritize innovations.
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Idea Generation or Selection
Drew Boyd has posted an interesting item on Innovation In Practice. In Ideation vs. Prioritization, Drew suggests that too much is made of the question of how to select the right ideas to pursue rather than how to generate lots of great ideas. In fac...
That's a great discussion!
I agree. Idea generation should be seperated from idea selection. Because they are two very different processes with completely different requirements.
I also observed the tendency that managers want to prioritise ideas instead of generate ideas. The most absurd thing: Often there is at first an idea management system ... and no plan to fill it with ideas!
The top three things I'm missing in the first phases of the innovation process (idea generation):
* A well-defined strategy that defines which ideas are needed (product ideas, business opportunties, ideas for advertising, ideas for improvement...).
* Quality criteria that define which attributes of ideas are most important.
* A system for clustering ideas according to your strategy.
In my opinion (I'm being provocative now!) the problem in idea generation is that nobody thinks about the desired outcome. The consequences: There is no strategy, there are no quality criteria ... and in fact no plan for prioritising ideas ... and in the end there are no good ideas!
My conclusion:
Idea generation is one of the most important parts in the innovation process. Without ideas there is no need for an innovation management system. But you have to describe which ideas you will need and design the generation process accordingly. Then you will get your desired outcome.
Best regards
Jana
Jana, your comment addresses the main theme of the blog: companies need to learn to "innovate on command" before they worry about all the other aspects of innovation management. Fortunately, there are highly effective methods to ideate systematically.
I also note your comment about the need to describe the kind of ideas the company will need. I agree with this, too. Take a look at the post, "Innovation Follows Strategy" from February. I think it addresses this issue as well.
Thanks for reading the Blog!
Best regards,
Drew
Thank you, Drew! I will look at your recommended post.