Looping – Ideation Exercise #6 and #7

Based on your advisory board meeting, will you need to pivot or scale? This is called looping . With your meeting information, what do you think? Either direction will need additional ideation.

Now that you have begun executing your innovation, you will likely end up in one of two positions.  Perhaps things are going a bit better than you thought and you need to ramp up production to make necessary adjustments. Use the insight you have gained from your advisory board to make needed adjustments. 

If your advisory board suggested you have an unmanageable innovation, it might be time to scrap the innovation and start over. Scrapping an innovation is not failure. Scrapping an innovation and starting over takes maturity and insight. Should you ignore the obvious need to scrap your innovation and push it through for the sake of pushing it through, you will end up losing…maybe even resulting in a failure. Don’t be that person!

Either situation in which you find yourself is manageable and fixable. You have received new input from your advisory board and other sources, so you will need to loop through the innovation process again.  If things are going better than you think, you still have new problems to work through.  So, you will need to go back to the beginning of the process and work them through.

If your project has fallen apart, if you want to change to something else, or if it is just underperforming, you are in the same situation of having to start from the beginning.  Do not be frustrated; this is rather normal.  You have learned and you have discovered how to think systematically.  You will begin with Looping Pod Development and go through the exercise again with your new direction.