chapter 5 idea development

Question 1

process of generating, refining, and evaluating ideas to transform them into actionable opportunities.

Answer 1

idea development

Question 2

Producing new and innovative ideas through brainstorming, research, and
observation.

Answer 2

idea generation

Question 3

Filtering and improving ideas to align with goals and feasibility.

Answer 3

idea refinement

Question 4

Testing the practicality, viability, and desirability of the refined ideas.

Answer 4

idea evaluation

Question 5

sources of ideas

Answer 5

internal sources
external sources
research and development
benchmarking and competitive analysis

Question 6

ideas originating from personal exp, skills, or insights

Answer 6

internal sourcesi

Question 7

ideas inspired by external factors such as trends, market gaps, or customer feedback

Answer 7

external sources

Question 8

what source of idea
an artist starting a digital gallery based on their painting hobby

Answer 8

internal sources

Question 9

ideas inspired by external factors such as trends, market gaps, or customer feedback

Answer 9

external sources

Question 10

systematic efforts to create new products or processes

Answer 10

research and developmetn

Question 11

studying competitors to identify areas for improvement or differentiation

Answer 11

benchmarking and competitive analysis

Question 12

involves bringing together diverse skills, perspectives, and
resources to enhance idea development.

Answer 12

collaboration

Question 13

key concepts of collaboration

Answer 13

building diverse teams
role of mentorship and networking
crowdsourcing

Question 14

it include members with different expertise and backgrounds

Answer 14

building diverse teams

Question 15

Seeking guidance from experienced
individuals and leveraging networks.

Answer 15

role of mentorship and networking

Question 16

Tapping into collective intelligence for innovative solutions.

Answer 16

crowdsourcing

Question 17

Transitioning a raw idea into a structured and actionable concept.

Answer 17

from idea to concept

Question 18

steps to transition

Answer 18

define the core value proposition
align the idea with org’s vision and misison
create a concise and impactful elevator pitch

Question 19

A brief, persuasive speech to spark interest in an idea or product.

Answer 19

elevator pitch

Question 20

common challenges in idea development

Answer 20

creative blocks
resource limitations
balancing innovation with practicality

Question 21

struggling to generate or refine ideas

Answer 21

creative blocks

Question 22

lack of time, funds, or tools

Answer 22

resource limitations

Question 23

ensuring ideas are both novel and feasible

Answer 23

balancing innovation with practicality