Executive Summary
Almost every company brings innovative ideas to market somehow. But too often, big breakthroughs happen accidentally, requiring individual heroism and a heavy dose of serendipity. How can companies make that process reliable and repeatable without undertaking major organizational changes? The solution: Creating a “minimum viable innovation system”—the most basic building blocks for an orderly innovation function.
The MVIS concept is inspired by the lean start-up movement, where a “minimum viable product” allows entrepreneurs to design and launch new concepts and gain insights quickly. With limited investment and resources, an MVIS can help organizations make tangible progress in increasing the predictability and productivity of critical investments in future growth.
Read the full article at Harvard Business Review.
Scott Anthony on the Minimum Viable Innovation System
Your organization can harness the essentials of a robust innovation system by adapting an idea from the lean start-up movement, says Innosight’s managing partner.
The Four Phases of the 90-day Innovation System
How your organization can build an innovation capability by following a simple but systematic approach that progresses over four stages.