Develop an innovation process model for implementation at your organization.
The model should detail the specific, incremental steps/stages in the innovation process (from idea development through market introduction and end-user feedback). The attached readings provide some examples of innovation process models (one of the most common being the stage-gate model).
Begin with a visual diagram of an innovation model for FBC Bank Zimbabwe. Tailor the model to aid in the development of a culture of innovation, as well as define the requisite steps in bringing a new idea to market.
Build into the model the appropriate checks, reviews, tests, collaborations, and promotions to support the success of new ventures. Consider this the final recommendation (or prescribed action) to bring a resolution to the underlying organizational conditions.
