†Acknowledgement to Gina O’Connor and her research on innovation as described in her book “Grabbing Lightning”
Expand the organization’s boundaries and align with strategic intent
Explore domains to identify strategic opportunities
Experiment to validate and test opportunities in the real world
Execute to scale new businesses
Increase Readiness by Reducing Uncertainty
Four Dimensions of Uncertainty, One measure of Opportunity Readiness
Where will the new opportunity fit in the organization and who will support it?
What is needed and desired, by who, how much and why?
Is what we need to create possible and can it be made desirable?
What is the new ecosystem within which the innovation can thrive and how can it be created?