The Innovation Toolkit 3.0
Unleash Your Team's Full Innovation Potential with Our Proven Toolkit
Ready to drive groundbreaking innovation within your organization? The Innovation Toolkit empowers business leaders, innovators, and teams with a structured approach to solving complex challenges and accelerating the development of disruptive ideas. Featuring easy-to-use templates, methodologies, and actionable strategies, this toolkit is designed to streamline your innovation process and maximize outcomes. Whether you're aiming to improve your brainstorming sessions, frame new product ideas, or scale innovative projects, the Innovation Toolkit equips you with the right tools to turn your ideas into reality.
Used by hundreds of innovation professionals. Start innovating smarter, faster, and with greater impact today.
Problem Statement Template: Focus on the Right Problem to Fuel Innovation
The best ideas come from a deep understanding of the problem. Too often, innovators rush to solutions without fully grasping the complexities of the issue, leading to wasted resources, suboptimal outcomes, and missed opportunities. Our Problem Statement Template helps teams refocus on defining and understanding the problem in a structured way, ensuring that they tackle challenges worth solving.
This easy-to-use, one-page template encourages a concise and thorough breakdown of the problem's key aspects, fostering clearer communication and faster processing by your innovation community. By standardizing the language for business problem statements, your company can enhance collaboration, prioritize the right challenges, and boost the effectiveness of its innovation efforts.
Delivered as a fully customizable and editable MS Word document, the Problem Statement Template empowers your team to create and share problem statements that drive impactful solutions.
Business Idea Template: Structure Your Ideas for Maximum Impact
Communicating new ideas effectively can be a challenge for many innovators. Our Business Idea Template simplifies this process by providing a structured, consistent format for describing draft ideas, making it easier to share, refine, and identify opportunities across teams.
Built on the Universal Model for Ideas from the book The Innovation Mode, this template helps ideators quickly frame their concepts in a way that fosters collaboration and sparks meaningful discussions. Whether used independently or in brainstorming sessions, this tool creates a standardized ‘innovation language’ that enhances clarity, ensuring that the right ideas capture the attention of key stakeholders.
Available as a fully customizable MS Word document, the Business Idea Template empowers teams to present ideas that drive innovation and accelerate decision-making.
Idea Assessment Template: Objectively Evaluate and Prioritize Your Best Ideas
Struggling to assess the potential of your ideas? The Idea Assessment Template is a powerful Microsoft Excel tool that enables teams to objectively evaluate, rank, and prioritize ideas based on a robust set of criteria. Designed to handle hundreds of ideas, this model uses a weighted scoring system across nine key evaluation factors, helping you determine which ideas are worth pursuing.
The fully customizable template allows you to assess ideas against criteria such as problem importance, strategic alignment, solution effectiveness, technical and economic feasibility, ease of development, operational simplicity, business impact, novelty, and market demand certainty. By adjusting weight factors for each criterion, you can tailor the evaluation to fit your company’s specific priorities—whether you're focused on feasibility, impact, or innovation.
With its automated scoring system and easy-to-use format, the Idea Assessment Template streamlines decision-making, helping your team focus on the ideas with the highest potential for success.
Delivered as an MS Excel template, it's fully editable and customizable to fit your unique business needs.
Business Experiment Template: Design and Execute Effective Business Experiments
In today’s fast-paced business world, testing ideas before scaling them is crucial to success. A business experiment helps teams validate critical hypotheses by running controlled tests, focusing on the riskiest assumptions of a new concept. Our Business Experiment Template provides a structured, consistent framework for designing these experiments, helping your team to set up experiments that collect data and produce insights that support informed decisions.
This easy-to-use template guides users through defining key elements of a business experiment, including the learning objectives, essential hypotheses to be tested, and the specific metrics and target values for measuring success. By focusing on these factors, teams can gather meaningful insights and validate whether a business idea is worth pursuing further.
Additionally, the Business Experiment Template supports teams in setting up the experiment's plan, identifying the target audience, designing the user experience, and selecting the digital tools necessary for data collection. Whether you're testing new product ideas, business models, or marketing strategies, this template ensures that your business experiments are both rigorous and actionable.
Available as a fully customizable MS Word document, this template empowers teams to define experiments tailored to their specific business needs, driving smarter decisions and reducing risk.
Product Concept Template: Clearly Define and Communicate Your Product Vision
Struggling to articulate your product concept, especially in the early stages? The Product Concept Template provides a clear and structured framework to help product managers and business leaders present a holistic view of their product vision. This template enables teams to effectively communicate their product ideas, whether they’re focused on features or a broader product proposition, ensuring all stakeholders are aligned.
Designed to guide users through the process, the template helps describe the essential elements of a product concept, including the market context, the problem being solved, and the competitive landscape. It encourages users to outline the key players, the target audience, user personas, and the specific needs or challenges the product addresses. The template also assists in framing epic user stories, giving teams a solid foundation for further product development.
Beyond conceptualizing the product, the Product Concept Template covers critical aspects such as potential form factors, technology stack, implementation strategies, and go-to-market plans. Teams can also define their monetization strategies and outline growth opportunities, ensuring that every aspect of the product concept is thoroughly considered.
This fully customizable and editable MS Word template helps product managers present a cohesive and compelling product vision, ready to inspire teams and stakeholders alike.
Hackathon Setup Template: Plan and Execute a Successful Corporate Hackathon
Corporate hackathons are powerful tools for driving creativity, collaboration, and innovation within your organization. When properly organized, hackathons can generate a continuous flow of valuable ideas and significantly boost your company's innovation culture. However, many hackathons fall short due to unclear objectives, limited engagement, or challenges in measuring success.
Our Hackathon Setup Template is designed to help you plan and run hackathons that align with your organization’s goals. This template provides a structured approach to defining the purpose, theme, and style of the event, ensuring that it resonates with participants and produces meaningful outcomes. Whether your hackathon is internal or public, physical, online, or hybrid, this template guides organizers in selecting the right format to maximize engagement and impact.
With the Hackathon Setup Template, you'll be able to establish clear objectives, choose the right participants, and define critical parameters such as deliverable requirements (e.g., functional prototypes) and team eligibility. The template ensures that every aspect of your hackathon—from initial planning to execution—is carefully thought out and aligned with your company's innovation strategy.
This fully customizable MS Word document empowers you to tailor your corporate hackathon for success, fostering innovation and collaboration across your teams.
Hackathon Assessment Template: Streamline Project Evaluation and Provide Valuable Feedback
Evaluating hackathon projects can be challenging without a structured process. The Hackathon Assessment Template simplifies the judging process, making it faster, more objective, and transparent. Designed to help hackathon judges fairly assess projects, this template organizes feedback and scoring based on nine key criteria, ensuring each project is evaluated comprehensively.
Judges can score projects on the importance of the problem being solved, alignment with the hackathon’s theme, feasibility, concept effectiveness, ease of development, operational simplicity, potential impact, innovation level, and market demand certainty. This structured approach ensures that all critical aspects of the projects are thoroughly considered.
In addition to providing objective scoring, the Hackathon Assessment Template encourages judges to offer constructive feedback on the concept, presentation, design, and prototyping efforts, as well as collaboration within the team. This feedback helps participants understand their strengths and areas for improvement, driving future innovation and growth.
Available as a fully editable and customizable MS Word document, the Hackathon Assessment Template empowers judges to deliver clear, actionable feedback while streamlining the evaluation process for your next hackathon.
Innovation Workshop Templates: Supercharge Your Brainstorming Sessions
Maximize creativity and collaboration in your innovation workshops with our fully editable Brainstorming Workshop Templates. Designed to enhance the effectiveness of your sessions, these templates provide a structured framework to capture and develop ideas quickly and efficiently. Whether you're tackling complex challenges or exploring new opportunities, these tools help your team generate, refine, and prioritize ideas, driving more impactful innovation outcomes.
Supercharge Your Innovation Process: Get the Complete Innovation Toolkit Now
Ready to accelerate your company’s innovation efforts? Our comprehensive Innovation Toolkit equips your team with 10 fully editable templates to drive key innovation activities and workshops. Empower your innovators to identify the right problems, structure breakthrough ideas, and define winning product concepts. Innovation managers can streamline hackathons, business experiments, and more—all with customizable tools designed for maximum impact.
Don’t miss the chance to enhance your innovation strategy. Get the Innovation Toolkit today and start turning ideas into actionable solutions faster than ever before.
