Innovation fail fast and move on

The video discusses setting up a repeatable innovation service. The speaker shares experiences of being approached to surface ideas within a large team. The challenge was defining what constitutes an idea, as perceptions varied. A method was developed to quickly evaluate and discard ideas, coining the term 'fail fast.' This approach led to the creation of a system called 'incubate,' which helped in efficiently processing ideas and achieving better results. The key takeaway is the importance of moving quickly through concepts to foster scalable innovation.

What was the main challenge faced when discussing ideas within the team?

How did the team define what an idea was?

What does the phrase 'fail fast' imply in the context of innovation?

What system or process was created to support the incubation of ideas?

What was the outcome of quickly discarding ideas?