How Do I Know If I Have a Good Idea?

Moving Beyond Idea Ranking to Market Potential Estimates

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Knowledge Type: 
Published:  Mon, 05/10/2009

There are lots of ideas out there, but there aren’t enough good ideas. Instead there are lots of mediocre ideas that clog up the system. What is needed is a better approach for evaluating ideas.This POV identifies common pitfalls related to idea testing, and then describes how a quantitative approach for screening ideas that provides:

  • Best measures for idea testing
  • Benchmarking of idea testing results
  • Forecasting capabilities

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