Tired of great ideas dying on the vine? In this episode of the Honeypot Podcast, Alexander Wennerberg and Fredrik Heghammar dive into the crucial final stage of idea management: deciding. They explore why many organizations struggle to make courageous decisions and highlight the common gap between asking for innovation and providing the necessary information.

Discover practical strategies to bridge this gap, including:

• Understanding the information decision-makers need.
• Creating effective "decision decks" or presentations.
• Tailoring your approach for small, fast ideas versus disruptive, future-focused concepts.
• The importance of internal research to identify key data points.
• Leveraging tools and even AI (with caution!) to support informed decision-making.
• The power of visual communication and knowing your audience (like the famous Bezos memo!).
• Breaking down complex information into "byte-sized" pieces for easier collection.
• The value of testing and prototyping to inform decisions.

Learn how to structure your idea presentation process to ensure your innovations get the green light!

Chapters:

00:00 Introduction01:21 The Decide Stage of Idea Management02:35 The Gap Between Asking for Courage and Providing Information03:45 Understanding the Information Needed for Decisions05:52 Internal Research to Identify Decision-Making Data07:23 Tailoring Information Requirements for Different Ideas09:28 The Backlash of Unacted-Upon Ideas10:00 Knowing Your Audience and Presentation Style12:15 Leveraging AI for Decision Support (with Caution)13:33 Capturing Data in Byte-Sized Pieces15:13 Handling Decisions for Fast & Easy vs. Disruptive Ideas19:17 The Importance of Testing and Prototyping20:14 Aligning Idea Presentation with Decision-Maker Needs21:24 Starting with Basic Information for Faster Decisions22:04 A Phased Approach to Data Collection23:35 The Importance of Knowing What Steps You're Skipping24:08 Working Backwards from the Final Decision-Making Data24:50 Reaching Out for Personalized Guidance25:21 Training Staff on Effective Idea Presentation25:43 How Hives Addresses the Decision-Making Challenge26:27 The Risks of Uninformed Decision-Making27:21 Final Thoughts and Invitation to Connect27:34 Cliffhanger for the Next Episode: AI and City Development

#InnovationManagement #DecisionMaking #IdeaManagement #InnovationProcess #BusinessStrategy #Leadership #ProductDevelopment #HoneypotPodcast

Ready to turn your great ideas into reality? Visit https://hives.co/ to learn how Hives can help your organization collect, manage, prioritize, and decide on your best innovations.