The Life Cycle Of An Idea: From Concept to Implementation

Isha Panwar

15th Dec'20

Idea to Implementation

"No Matter What People Tell You, Words And Ideas Can Change The World." – Robin Williams

Ideas are responsible for the progression and prosperity of humans – without them, we would still be living in prehistoric times. No idea is too small, and all sorts of ideas have the potential to change the world as we know it for the better. From starting a new life, choosing a career, or buying new equipment, these are all the end result of the ideas that strike in our mind.

 

Read below to understand the importance of idea:

The importance of ideas

Employees are encouraged to spend 1/5 of their work hours go after new and personally interesting products. Much like Google's now-famous 20% rule, this timeshare was assigned for employees to discover and explore new projects, come up with new ideas, and try innovative tools and techniques. Read more.

 

Ideas to implement

 

Idea life cycle

Ideation has become the de facto way of collaborating internally, externally, and across geographical locations. Ideation is quickly becoming an integral part of how companies solve problems and surface new opportunities. But when you have an idea, do you stop, satisfied with the beauty of the thought alone, acknowledging that it's likely all downhill from this point forward? Or do you harness the energy of the moment to activate your idea into something real, a work of art, a product or service – a real innovation that can change other people's lives for the better?

The Life Cycle of Ideas: It's true to say that just about everyone has had a level up the idea at least once. Breaking down the lifecycle of an idea may look complicated, but once you begin analysing the matter, recognizable patterns quickly become evident. While some lifecycles may pass through multiple iterations, here are just a few levels that can apply to execute any type of idea. Read more.

 

Read below and know the lifecycle of an idea:

The idea of the product lifecycle

In this blog series, they deep dive into each stage of the idea to product lifecycle, from identifying a problem and formulating an idea through production and marketing, focus on one of the twelve unique aspects of the cycle and its impact on the end product. To read more click here.

10 steps from idea to implementation

This is the list of 10 steps that follow the idea management process from idea generation to implementation. To know what are they click here.

3 steps to go from innovation to implementation

How does your association take an innovative idea and implement it in a way that leads to successful and sustainable change?That will largely depend on the kind of innovation your association wants to put in place, but there are three key steps that need to happen to get any new idea off the ground. To know what are those three steps click here.

 

We, at OpenGrowth, are constantly looking for trending start-ups in the ecosystem. If you want to know any further information about the startup ecosystem, then do let us know in the comment section below.

 

About the Author: Amrita Sinha

Amrita is in the field of media. She has a deep inclination towards writing and public speaking. She has the aim of removing the stereotypical mindset of society. She loves to read, and photography is her passion.

 

The Editorial Team at OpenGrowth is working to provide you with the perfect place to know everything about startups. Feel free to connect with us.

Comments

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