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Learning Plans to accelerate innovation.
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Welcome to F-Stop

F-Stop is Faulkner Strategic Consulting's monthly eNewsletter

Why F-Stop? In photography, F-Stop is a measure of lens speed which controls the brightness, or illuminance, of the scene. These concepts are central to innovation as well.

The goal of F-Stop is to provide resources, information, and inspiration to illuminate and accelerate innovation.

This month's topic is Learning Plans for Innovation

In front end innovation, the challenge is usually to assess a proposition’s viability as quickly—and usually as cheaply—as possible.

One smart approach for this is to create a learning plan focused on killer issues. Meaning, what are the few things that would kill the project if they did or did not happen?
 
Or, on the flip side, what are the things that absolutely must be true for the project to succeed?
To do this, here are a few simple steps:
  1. Gather a core team--ensure a diverse group of experience and expertise areas
  2. Brainstorm potential killer issues and critical assumptions (what must be true)
  3. Prioritize the top 3-5 and phrase as assumptions to be proved or disproved
  4. Determine the approach or methodology to learn about each assumption and the criteria to evaluate
To learn more, you can access the full article on the Faulkner Strategic Consulting blog.

As a special bonus, exclusively for F-Stop readers, here's an Innovation Learning Plan Template with examples that you can download and apply to your business today!
Thanks for reading this month's issue of F-Stop. If you found this helpful, please share with friends and colleagues! 

Sarah Faulkner
Principal, Faulkner Strategic Consulting

 

Faulkner Strategic Consulting guides companies with unique, meaningful and compelling insights that give direction to future innovation and help brands reach their full potential.

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