Answer: Gary Hamel describes the five steps in the wheel of innovation. Step 1 is imagining—thinking about new possibilities. Step 2 is designing—building initial models, prototypes, or samples. Step 3 is experimenting—examining practicality and financial value through experiments and feasibility studies. Step 4 is assessing— identifying strengths and weaknesses, potential costs and benefits, and potential markets or applications. Step 5 is scaling—implementing what has been learned and commercializing new products or services. Page: 95
Answer:
ReplyDeleteGary Hamel describes the five steps in the wheel of innovation.
Step 1 is imagining—thinking about new possibilities.
Step 2 is designing—building initial models, prototypes, or samples.
Step 3 is experimenting—examining practicality and financial value through experiments and feasibility studies.
Step 4 is assessing— identifying strengths and weaknesses, potential costs and benefits, and potential markets or applications.
Step 5 is scaling—implementing what has been learned and commercializing new products or services.
Page: 95