The Innovation Adventure

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Being an innovator is like going on an adventure – you are covering new terrain. But there are some essential steps you need to take to be successful.

Motivation

How successful you are is largely determined by your motivation. There are many good reasons to do something new.

• Why Innovate?

Preparation

No one goes exploring without adequate preparation. This includes mapping out your ideas and testing them.

• Evaluate your idea
• Develop your idea
• Design to compete
• Manage Intellectual Property

Money

You won’t get far without money. Finding adequate sources of funding is critical.

• Access funding

Equipment

You need the right vehicle to get to your destination. Getting the strategy, processes and business model right is critical.

• Improve process
• Transform business
• Strategy

Fitness

Any journey requires a certain level of fitness. You will need the right level of skills and capability to go on the innovation adventure.

• Build skills

Contacts

Innovation is not a solo venture, making contact and building relationships with the right people will be essential for your success.

• Networking
• Connect to market

Supporters

It’s always good to have a guide and a support crew of people with experience and knowledge that can help you take the right path and overcome pitfalls.

• Mentoring and advice

Destination

When you reach the destination, it is time to celebrate. But there are many places on the way where you can recognise your achievements.

• Measuring success