Innovation and Pre-Start Up

The initial stage of the creative process where an individual's interest or curiosity about a problem or area of study sparks an idea. It's like planting a seed of an idea.

The process of consciously seeking answers to a problem or idea after an initial spark of curiosity. It involves thorough research, gathering information, and exploring existing approaches.

A stage where the subconscious mind takes over the creative process, allowing ideas to incubate and mature. It's like letting your brain work on it in the background.

The stage where the subconscious mind generates innovative solutions or ideas, often in a sudden burst. It's like a light bulb turning on.

The final stage where the creative idea is refined, tested, and put into action. It's like bringing the idea to life.

A structured and controlled form of chaos that is essential for creativity to flourish. It involves a balance of freedom and organization.

The transformation of a creative idea into a tangible product, service, or solution. It involves bringing the idea to life in a practical way.

A stage of creative problem solving where individuals explore different perspectives and approaches to find solutions. It's like looking at a problem from multiple angles.

The process of creating something new, often involving a conscious search for opportunities and a focus on specific applications.

The creation of entirely new products, services, or processes, often groundbreaking and revolutionary.

Analyzing the sources of new opportunities, including existing products, services, and processes, and identifying areas for improvement or expansion.

Focusing on the needs, expectations, and values of potential customers during the innovation process to ensure a product or service is well-suited to the market.

Creating new customers and markets by introducing a product or service that meets a specific need or solves a particular problem.

The idea that innovation often requires extensive effort and dedication, even more than just inspiration. It's about persistence and hard work.

The importance of focusing on a limited number of areas or fields during innovation to ensure deep expertise and avoid spreading resources too thinly.

The process of developing a new idea or concept into a tangible product or service, often involving multiple iterations, testing, and refinement.

The idea that innovation should be planned and predictable is incorrect. Innovation can come from anyone and is unpredictable.

Focus on the user's needs and how they will interact with it.

Start small, test often, and refine gradually.

Thorough planning can be time-consuming and hinder progress. A trial-and-error approach can be more efficient.

Innovative ideas often come from real-world problems and opportunities, not just daydreams.

Larger companies are encouraging smaller teams to foster creativity and innovation.

Innovations can emerge from failures through learning and adaptation.

A schedule is essential for organizing and evaluating the progress of an innovation project.

Understanding the political climate, government policies, and tax regulations that impact a business.

Analyzing economic indicators like GDP, unemployment, and disposable income to gauge market potential.

Evaluating cultural trends, demographics, and values to understand consumer preferences and behavior.

Assessing the influence of technology on a business, including emerging technologies, digital penetration, and its impact on operations.

Examining legal regulations like tax policies, product safety, and advertising laws that affect business operations.

Analyzing the market size, growth rate, and competitive landscape to understand industry trends.

Identifying key competitors, their strengths and weaknesses, to position a business effectively.

A concise statement that encapsulates a venture's purpose, goals, and values.

A comprehensive plan outlining how a company generates value, serves customers, and makes money.

A visual tool that breaks down a business model into 9 key areas, helping companies understand their value creation process.

The individuals or businesses that help a company create and deliver its value propositions.

The actions a company takes to create and deliver its value propositions.

The value a company offers to its customers that solves their problems or meets their needs.

The ways a company interacts with its customers, building and maintaining relationships over time.

The groups of people or organizations a company is targeting with its value propositions.

The ways a company generates revenue from its customers, including pricing strategies, payment methods, and subscription models.

The systematic process of collecting, analyzing, and reporting data to understand the market, customers, and competition.

The first step in marketing research, where you identify what information is needed to solve a problem or seize an opportunity.

A plan outlining how you will collect information - including methods, techniques, and data sources.

The process of gathering information based on the research plan, using surveys, interviews, observations, and other methods.

Analyzing collected data to uncover trends, patterns, and insights about customers, market, and competitors.

A type of information gathering that focuses on numbers and data, like surveys and analytics.

A type of information gathering that focuses on opinions, behaviors, and experiences, like interviews or focus groups.

A company that helps businesses understand their customers, markets, and competition through research and analysis.