If you are presented with multiple ideas to improve your company, whether it is a product, process or something else, you have to prioritize the ideas you want to pursue. How do you evaluate each idea? With limited time and resources, how do you know which idea you should tackle first? To help you prioritize what ideas to pursue, here are five questions to ask yourself:Organizations have principles that they adhere to.
Values are an extension of a company’s culture and brand. Your decision as to what idea to pursue should consider how it will impact the company’s credibility and, in turn, reputation. Skepticism will ensue if people recognize that you don’t practice what you preach. When you come across an idea, decide whether the idea fulfills a company value and maintains or improves a company’s reputation. If it does not, it probably is not important to the company.
As an example, your current company has identified environmental sustainability as one of its values and you are evaluating a business idea that looks to digitize more of your work process. When you have an idea that is important to your company’s values, prioritize it. Otherwise, let it go for the moment.After you have determined if the idea will further an organizational value, think about the value it will add to the end user and the global community.
Great article. Question 4 was something I wasn’t thinking about.
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