Creative Fire Extinguisher #9 – Ignore The Little Things
During the creative process opportunities have to be ranked and evaluated so that decisions can be made about where to expend resources. The danger here is in creating a ranking system so simplistic that critical small ideas never receive focus. Determining market size and sales opportunity is a natural part of this process. Developing filters to help managers make quick decisions streamlines this process and helps focus human capital. Large organizations often create a cut-off point – “No ideas under $20 million.” The difficulty with this simplistic approach is three-fold. First, truly breakthrough ideas are very difficult to size correctly. Second, sometimes strategically you’re better off firing 5 small shots at a market than one cannonball. Third, it reduces motivation for employees to explore ideas of anything less than obvious potential. I’ve addressed the difficulty customers have in comprehending their need for breakthrough products (CFE #3) and therefore your ability to size a … Continue reading