What is an Innovation Sprint?
An innovation sprint is a 3-day creative experience where individuals and teams begin with their business idea, they explore what makes business ideas successful, to design, test and strengthen their business idea and identify the key milestones that will accelerate the idea along its innovation journey.
Innovation Sprints reduce the time to develop a tangible innovation project from a good idea. The approach is iterative; it provides a clear and logical framework for individuals and teams to gather their views, knowledge and assumptions of the idea.
Innovation Sprints are a creative platform for developing innovations. The action learning modules enables both individuals and teams to improve, reject, pivot and change the ideas until the idea is strengthened and ready for presentation to decision-makers.
Innovation Sprints improve and strengthen business ideas:
Identify and overcome critical challenges
Spot gaps in your capacity to innovate
Test assumptions that may be hindering progress
Clarify areas of risk and uncertainty
Makes it ready for presentation to decision-makers.
Develop a strong business idea with the team fully behind it.
Secure management buy-in
Identify and recognise the potential and implementation risks
Watch this 1-minute video to get insight into who the Innovation Sprint is for and what you can expect.
The Innovation Sprint Canvas
The Innovation Sprint Canvas frames business ideas as an iterative exploration between six core drivers:
The Business Idea
Customer Needs
Market Potential
Marketing Positioning
The Offer Solution
The Path Forward
Completing the Innovation Sprint Canvas is an essential milestone in the innovation journey. It makes ideas ready to take forward and rapidly moves then along the innovation journey.
Business Ideas and Innovations Suitable for Innovation Sprints:
Customer Insights
Improving Customer Experience
Process Improvement
Product Improvement
Service Design Thinking
New Customer Segments
New Products, Services and Programs
New Markets
New Business Models
New Technologies
The Innovation Sprint Program
Chase Consulting helps organisations get the best out of creativity, ideas and the latest discoveries, to improve organisations and people’s lives through innovation.
Chase’s Innovation Sprint program reduces the time to develop a tangible innovation project from a good idea. The approach is iterative; it provides a clear and logical framework for individuals and teams to gather their views, knowledge and assumptions of the idea.
The Innovation Sprint develops ideas for new products, technologies, services and business models. The program accelerates the early phase of the innovation process; it clarifies the concept and the milestones to complete the innovation project.
In 3 days, the Innovation Sprint turns a good idea into a strong business idea.
The program develops strong business ideas, and the modules enable individuals and teams to progress rapidly. The program has the necessary depth and support for the creative development of the idea. It contains tips, case studies and diagnostic checks to enable iterations.
The Innovation Sprint enabled us to start our project in one day. The program has a clear structure and helped us navigate quickly through the more challenging areas of our business idea.
Our Work with Clients on Innovation Strategy and Outcomes
“The Innovation Sprint has been a really useful tool to support our team to develop our latest campaign plans.
It has helped challenge our thinking; facilitated some important conversations so we could discuss and explore ideas; as well as providing a key framework for us to develop a united approach; to ultimately innovate a model for market success.
Working through the customer piece gave us clarity on who is our targeted customer, who is the financial customer and who are our stakeholders.
In a time where we are increasingly adopting remote working habits, it’s great to have this tool available to help our team to connect and have value conversations.
We intend to keep using the Innovation Sprint for future idea development.”