innovation-cycle

Vocabulary Word

Definition

When we talk about the 'innovation cycle,' we mean the process that takes a new idea from inception to implementation. It involves various phases like ideation, development, testing, and promotion.

Examples in Different Contexts

In product development, managing the innovation cycle effectively is key to maintaining competitiveness. A product manager might state, 'We review our innovation cycle regularly to ensure we're efficiently turning ideas into profitable products.'

Practice Scenarios

Design

Scenario:

The current design feels too complex and may not translate well in user experience. Let's revisit the drawing board.

Response:

Absolutely, we should simplify our design. A streamlined innovation cycle will enable us to iterate and refine designs faster.

Tech

Scenario:

I notice we're becoming bogged down in the testing phase. I believe we need a more agile approach to progress faster.

Response:

Yes, we need to iterate faster in our innovation cycle. I suggest we incorporate automatic testing to speed the process.