Chapter 6 Flashcards
___% of new products, services, and businesses fail within the first 12 months.
85%
An important principle when creating new ideas is to push _____, not ______.
consumer benefits; product functions
Why is the “stimulus-response” method of brainstorming often successful?
That’s because it uses the brain to absorb and process things or events, then make new connections.
What is the cardinal rule of brainstorming?
Keep all ideas and treat them as if they are great no matter how ridiculous they sound.
What is concept testing when it comes to innovation?
Surveying people in the target audience to gauge their interest in a product concept without actually making the new product.
What are the stages of the improvement cycle?
Plan, do, study, act