Intuition, Analysis and Sensemaking : How to Select Ideas for Innovation
Year of publication
2024
Authors
Sihvonen, Antti; Sukhov, Alexandre; Netz, Johan; Olsson, Lars E.; Magnusson, Peter R.
Abstract
The role of idea screening is to identify promising ideas and select the most qualified ones to proceed into the NPD process. Equally important is understanding which ideas should be avoided to prevent potential failures and avoid unnecessary expenditure of resources. During intuitive decision-making, experts may favor the familiar over the new and may factor personal affection into the decision. Thus, in the context of screening ideas for innovative products, relying entirely on intuition may be risky since the task might require decision-makers to identify radical innovations and look outside of their own comfort zone. Sensemaking is a process that enables people to develop plausible meanings and take actions based on that meaning making. In idea screening, sensemaking can occur when a person struggles to understand an idea or how to proceed with screening. Instead, generative screening can be used by organizations when the intent is to explore new opportunities, use raw ideas as triggers for inspiration.
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Publication type
Publication format
Article
Parent publication type
Compilation
Article type
Other article
Audience
ScientificPeer-reviewed
Peer-ReviewedMINEDU's publication type classification code
A3 Book section, Chapters in research booksPublication channel information
Parent publication name
Developing the Intuitive Executive : Using Analytics and Intuition for Success
Parent publication editors
Liebowitz, Jay
Publisher
Pages
193-208
ISBN
Publication forum
Publication forum level
1
Open access
Open access in the publisher’s service
No
Self-archived
Yes
Other information
Fields of science
Business and management
Keywords
[object Object],[object Object],[object Object]
Publication country
United States
Internationality of the publisher
International
Language
English
International co-publication
Yes
Co-publication with a company
No
DOI
10.1201/9781032617183-12
The publication is included in the Ministry of Education and Culture’s Publication data collection
Yes