Networking. Education. Technology.
Formula for Succesful Innovation
1. Conduct a thorough research of the target market
2. "Gulp down a couple perseverence and persistance energy drinks"
3. Clearly outline Your objectives/proposal for the innovation in mind
4.. Have a provisional patent in place
5. Organize NDA(Non-Disclosure Agreements) forms
6. Approach leading players within the target market, ask questions with
objective to identify and exploit anomalies (dont divulge Your plans)
7. "Take a few patience and assertiveness multi-vitamin capsules"
8. Approach a funding organization such as the IDC, NRF or Innovation Fund to
procure funds to develope a proof-of-concept-
9. Contract a Scientific Developement Institution such as Technology Universities
or the Council of Science and Industrial Research/CSIR as the main sub-
contractor_
10. See if You can get one leading player within the target industry to serve as a
development-guide under due legal guidelines/agreements of course (this
is to help You cut as many corners as possible by having an experienced
player for advise etc-)
11. Have an internal "indaba" with the project development team regarding the
best development strategy to implement and mobilise (agree on milestone
dealines and have every member of the team sign to that!)
12. Dont procrastinate on anything, do what can be done ASAP!
(from experience I've learnt that, the smallest details can turn out to be the
biggest "Huddles" at the end!!!)
13. Get the prototype to be better than You previously envisioned it!
14. Dip Your tongue in honey, put-on steel gloves and prepare to knock
LOUDLY at prospective investor(s) doors!
15. Cultivate an on-going market research routine never be CONTENT with Your
Progress!!!
16: Ready to put Your wits to the test...?
Now go out there and flex Your muscles Tiger!
2. "Gulp down a couple perseverence and persistance energy drinks"
3. Clearly outline Your objectives/proposal for the innovation in mind
4.. Have a provisional patent in place
5. Organize NDA(Non-Disclosure Agreements) forms
6. Approach leading players within the target market, ask questions with
objective to identify and exploit anomalies (dont divulge Your plans)
7. "Take a few patience and assertiveness multi-vitamin capsules"
8. Approach a funding organization such as the IDC, NRF or Innovation Fund to
procure funds to develope a proof-of-concept-
9. Contract a Scientific Developement Institution such as Technology Universities
or the Council of Science and Industrial Research/CSIR as the main sub-
contractor_
10. See if You can get one leading player within the target industry to serve as a
development-guide under due legal guidelines/agreements of course (this
is to help You cut as many corners as possible by having an experienced
player for advise etc-)
11. Have an internal "indaba" with the project development team regarding the
best development strategy to implement and mobilise (agree on milestone
dealines and have every member of the team sign to that!)
12. Dont procrastinate on anything, do what can be done ASAP!
(from experience I've learnt that, the smallest details can turn out to be the
biggest "Huddles" at the end!!!)
13. Get the prototype to be better than You previously envisioned it!
14. Dip Your tongue in honey, put-on steel gloves and prepare to knock
LOUDLY at prospective investor(s) doors!
15. Cultivate an on-going market research routine never be CONTENT with Your
Progress!!!
16: Ready to put Your wits to the test...?
Now go out there and flex Your muscles Tiger!
Latest Activity
- SAODN-Stacey Fraser and Aiden Choles(JHB) on September 29, 2010 from 2pm to 5:30pm
- SAODN: 'Thinking Environments' with Trisha Lord on September 22, 2010 from 12:30pm to 4pm
The internet is changing the way that people interact with each other socially and professionally. Despite the obvious shifts though, many people haven't adapted the way their business communicates with stakeholders. Later this month, UCT Gradu…
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