2 Posts found for Author: Glover T. Ferguson

Welcome to the “good enough” economy, where the likelihood that a technological innovation will be taken up depends on how well it answers six critical questions.

1. How much better is this technology in terms of cost, functionality, “image” and other factors?*
2. How compatible is the innovation with existing skills, values and work practices?
3. How hard is your innovation to understand and use?
4. Can you easily and affordably try

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Author: Glover T. Ferguson | Source: Innovation and the Economics of Good Enough | Subject: Innovation Questions

• Does the technology offer significant new ways of doing business?
• Does the technology build on existing infrastructure to capture substantial new value?
• Does the technology create a new technology platform that enables future applications?
• Is the technology within reach for the company–stretching the organization’s capabilities but not forcing it outside of its envelope of possibility?
• Can the company develop and implement the technology alone, or will it

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Authors: Glover T. Ferguson, Stanton J. Taylor | Source: Innovation: Bold New World | Subject: Innovation Questions