- About Us
An “Innovation Lifecycle” is the different stages of the innovation process, including the conditions and factors that support each stage, and how and when to use different tools and ways of doing things.
The innovation process can be looked at in many different ways, however there are six stages that will be considered in this blog.
Innovation is a continuous activity. Many organizations have been adding innovation departments to their infrastructure. Innovation typically moves through a set cycle that includes six basic steps with a repeating set of activities, goals, and outputs.
There are many challenges that government organizations can face in their Research and Development process. Here are five challenges that organizations commonly face when managing change:
Innovations require money, resources, and ample meticulous planning right from the beginning. Researchers know what challenges they may face if they are not able to identify the correct research area and objective.
Inventors often face similar challenges during the public adoption of invention. They may know the qualitative aspects of their research and potential applications of their invents, but when research is not carried out in relation to what gaps there are in the constituent’s needs, then the reception by the public might not be enthusiastic.
Another potential challenge is superior alternative technology. Though a process may be inventive enough for a patent, it may not be the best process out there. There may be another, superior product that works more efficiently to achieve the same or better results, or associated costs may be too high with one product versus another.
If you are confident as a researcher, that your invention is ready for public distribution, then there may be a lack of communication holding you back. The invention needs to have its product-fit and market-fit communicated.
Decision Lens combines a rich user interface with a web service API to deliver powerful decision process technology and a first-rate user experience via a distributed platform. The product enables participants and facilitators to contribute remotely to decision processes from anywhere in the world.
We seek to make the complex simple, and this is shown in every aspect of how the business is driven, from the design of the products, to the pricing, to our values, to the way that we communicate internally. Simplicity provides clarity and value.
Building upon our experiences with AHP, we continue to innovate ways for organizations to quantify and qualify their tangible and intangible assets to make the most informed decisions. We continue delivering ways to simplify and expedite the decision-making process and also help organizations to forecast the outcomes of multiple scenarios so they can pivot quickly to new directions when conditions change and make the best use of their resources to strategically achieve their short-and-long term goals.