Explore (Explore A New Market Opportunity)

Is your company ready to explore new ideas to address new market opportunities? With our Explore App, you can surface organic growth ideas given a new market opportunity, at low cost while engaging employees. Read below to learn more about this process and how to progress through the pipeline.

 

Table of Contents

• Getting Started
• Site Home Page
• Pipeline Step View

Getting Started

• To get started, navigate to your Products screen and select the Explore app:

• • If you are using Brightidea Innovation Cloud 1.0, your Apps page may look like the below: 

• Select Set Up an Explore Challenge

• Follow the steps and fill out the required information to complete the wizard.

Site Home Page

• Once you create your new Explore event, you will be brought to your Explore Site Homepage.
• Here, you can update the site hero image, change your submission form, and more!
• For more suggested edits, refer to our Explore App - Launch Playbook here.

Pipeline Steps View

• After successfully creating your Explore app, you will see that it comes with preconfigured Stages and Steps.  
• To navigate there, go to your Admin Controls > Manage Pipeline
• For a quick recap on the overall Explore process, refer to this process overview here.

The Explore backend workflow consists of the following:

• Rate Ideas
  
  • Announce Challenge
  • Collect Ideas
  • Single Scale Evaluation
• Evaluate Ideas
  
  • Collect Deeper Evaluation
  • Scorecard Evaluation
  • Progress Highly Rated Ideas
• Project Business Impact
  
  • Develop Highly Rated Ideas
  • Analyze Financial Impact
• Prioritize Shortlist for Handoff
  
  • Shortlist Ideas
  • Progress Ideas Towards Implementation
• Monitor Projects
  
  • Make Sure All Ideas Are Attended To
• Track Business Impact
  • Assess All Projects
  • Share With Sponsor and Stakeholders

Rate Ideas

• Announce Challenge
• Understand the market opportunity that you are looking to Explore. 
• Provide access to all Users that will be a part of the Submission phase.
• Collect Ideas
  • Any Explore ideas that are submitted or imported, will show up in this initial Step.
    
    • Idea collection phase should not last more than a few weeks. 
• Single Scale Evaluation
  • This step comes pre-configured as a "Single Scale" tool type
  • The assigned evaluators will receive an Action Item and will evaluate the ideas with a single scale score.

Evaluate Ideas

• Collect Deeper Evaluation
  • Ideas that ranked highest will progress forward for a deeper evaluation.
• Scorecard Evaluation
  • Ideas will moved into the "Evaluate Ideas" Step
    • In this Step, a ‘Scorecard’ action item is assigned to ensure the Explore Team meets all prerequisites to proceed. 
  • The Explore Team with the Explore Manager (and any individuals from their team) conduct their first initial meeting.

• Progress Highly Rated Ideas
  
  • The Explore Manager and team complete their 'Scorecard' action items to proceed to the next Step.
  • Qualified Explores are then moved into the "Project Business Impact" Step

Project Business Impact

• Develop Highly Rated Ideas
• The Explore Manager is assigned a 'Development' action item, ensuring all company information (including financials, etc.) are checked and verified. 

• Analyze Financial Impact
  
  • Explore Team considers Business Impact of remaining developed Expore ideas and move forward for handoff.

Prioritize Shortlist for Handoff

• Shortlist Ideas
• A 'Stack Rank' action item is assigned to Evaluators. Each evaluator prioritizes based on financial impact and implementation. 
• Progress Ideas Towards Implementation
  
  • Qualified Explore Ideas for implementation will move onto 'Monitor Projects'.

Monitor Projects

• Make Sure All Ideas Are Attended To
  
  • Explores are closely monitored by Explore Team and remain in contact with individuals and groups through final implementation. 

Track Business Impact

• Assess All Projects
  
  • Explores in this step, are tracking their business impact (projected and actual). 
• Share With Sponsor and Stakeholders
  
  • Explore reports will be shared with sponsors and stakeholders on a reoccurring basis.

Please comment below with any questions or feedback, Happy Innovating!