Summary: For innovation leaders, one of the hardest tasks is keeping the innovation funnel full. Yet, this is key to sustaining an innovation effort. What’s worked for me is to create an innovation challenge. Today’s show lays out a process for making an innovation challenge. <a href="https://philmckinney.com/how-competition-and-gamification-can-spur-innovation/">Creating a challenge</a> will keep the funnel stocked with high quality ideas.<br> What’s an Innovation Challenge?<br> An innovation challenge is no mere cattle call. A vague request for innovative ideas from everyone will result in low quality ideas and not many. <a href="https://killerinnovations.com/competing-for-fuel-efficiency-innovation/">An innovation challenge</a> is a well-defined effort to draw in the best and non-obvious ideas. It invites those whose daily job may not be innovation. It opens up the funnel to unique perspectives. <br> An innovation challenge requires two things.<br> 1) Crafting an innovation challenge statement. <br> 2) Creating the process that invites people to submit their ideas.<br> Innovation is a team sport. But if you limit the game to those on your innovation team, you may be missing out. While the innovation team is busy bringing ideas to market, the funnel is drying up. You need backup. Use the <a href="https://killerinnovations.com/innovation-through-collaboration/">power of the crowd</a> to help fill your funnel with breakthrough, game changing ideas.<br> Defining the Challenge<br> To get your innovation challenge started, begin with focus. It’s the “F” in the <a href="https://philmckinney.com/understanding-law-process-impact-innovation/">FIRE framework</a> (Focus, Ideation, Ranking, Execution). Create a focused innovation challenge statement. <br> The key elements of the challenge statement answer who, what, and when.<br> <br> Who is the target for the innovation?<br> What is the problem or opportunity?<br> When will the challenge be realized?<br> <br> Those invited to participate in your challenge will answer the “how.” <br> The more specific and targeted your statement, the better the ideas that result. In fact, the smart use of <a href="https://philmckinney.com/the-ultimate-of-constraint-based-innovation-burn-the-boats/">constraints</a> will also improve the quality and impact of the ideas submitted. <br> Take time to get your innovation challenge statement right. Once you’ve drafted the statement, test it with a small group of people. Listen carefully to feedback and make changes. Test it two to three times before releasing the final innovation challenge statement.<br> Setting Up the Challenge<br> In deciding how to run the challenge, determine: <br> <br> What constitutes success in the innovation challenge? <br> <br> <br> <br> <br> Is it the number of ideas received?<br> Is it the attention the challenge generates for the sponsor? <br> Is it the innovative solution to an actual problem?<br> <br> <br> <br> <br> To <a href="https://killerinnovations.com/the-art-of-invention-and-innovation-in-chicago/">whom</a> will the challenge be open?<br> <br> <br> <br> <br> Will it be open to the general public?<br> Will it be internal to the organization?<br> Will it be by invitation only?<br> <br> <br> <br> <br> What is the motivation to participate?<br> <br> Will the challenge offer prize money, royalties, investment in the idea?<br> Will name recognition or promotion be the motivator?<br> <br> <br> <br> Consult a legal team while developing the challenge. The legal team can help set clear guidelines on who owns an idea that’s been entered.<br> Launching the Challenge<br> Once you’ve got your challenge statement and structured the challenge, you need participants. The next step is promoting the challenge. Find out where your target participants hang out. What social media are they on?
