Innovation fail fast and move on

The video discusses setting up a repeatable innovation service. The speaker shares experiences of being approached to surface ideas within a large team. The challenge was defining what constitutes an idea, as perceptions varied. A method was developed to quickly evaluate and discard ideas, coining the term 'fail fast.' This approach led to the creation of a system called 'incubate,' which helped in efficiently processing ideas and achieving better results. The key takeaway is the importance of moving quickly through concepts to foster scalable innovation.

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