Blog by Railsware

Idea Generation for New Product Development

Considered ground zero in the product development process, idea generation (or ideation) involves gathering information and creative insights in order to come up with ideas for a new product. By getting it right, you lay a solid foundation for your new product concept and set it on the path to success. However, great ideas are hard to come by and even harder to execute. Even the most creative teams will find it difficult to reach that proverbial lightbulb moment, but with the right techniques and approach, it’s possible to create something truly unique.

In this article, we’ll break down the steps of idea generation and discuss tried-and-tested methods of composing and developing a new product idea. We’ll also include a step-by-step guide on how to use Railsware’s own BRIDGeS framework, a robust tool for flexible ideation and decision-making.

Why the Ideation Stage is Important for New Product Development

The idea generation stage is pivotal to the product development process. It’s where you:

Sources of Idea Generation

Gathering information from a wide range of sources is key to identifying (and ultimately solving) your customer’s pain points. Companies will often dip into more than one source at a time, and some will prove more valuable than others. Here are a few examples:

Seek out the perspectives of team members or SMEs who have experience working in other industries (e.g. hospitality, retail, healthcare). They may be able to identify areas in those industries where certain internal processes or customer products/services could be automated or improved. Afterward, you can validate your findings by conducting market research. Not only will you gain insight into shifting customer behavior and emerging trends, but you will also ensure that your decisions are data-driven. When an idea is selected and moved up the line for approval, you will have the data on hand to defend its feasibility and potential ROI.

Sometimes, there’s no need to reinvent the wheel; you’re better off finding ways to improve it. Start by performing an in-depth analysis of the competition. Can you identify a gap in their offering? If not, tune into what their customers are raving or complaining about — is there a way that your organization could do it better? Even if you don’t come up with an idea for a new product, you may uncover some insights into how to improve your existing products

  • Market the solution to a problem your organization has faced.

Find out if there are any practical issues your teams are facing. Have they scoured the market and struggled to find a solution to their problem? Is there some kind of tool or appliance you could create in order to solve it? It’s likely that other organizations are suffering from this issue too, which means you could potentially sell your solution to them. This is how Railsware came up with the ideas for our products Mailtrap, Coupler, and Smart Checklist for Jira. Our teams had a real need for each solution, so we initially developed the products as internal tools, before sharing them with the wider tech community. So far, it’s been a win-win for our team and customers!

  • Leverage the knowledge of internal teams and stakeholders.

Nobody knows your customer better than those who are interacting with them daily: your R&D, sales, marketing, or engineering teams. That is why it’s so important for your organization to promote a culture of innovation and create opportunities for team members to exchange ideas. This will encourage employees to freely share concerns or solutions that can be shaped into new product ideas.

  • Listen to the demands of your existing customers. 

User feedback isn’t only good for identifying ways to improve your products; it can spark ideas for new ones too. Take into account the comments or complaints of your existing customers. Have they suggested an idea for a product that could satisfy an unmet need? Of course, not every suggestion is worth pursuing, but some may point your team in the right direction.

The Benefits of Structured Idea Generation

Although the concept of ‘structured creativity’ might seem like an oxymoron, it’s actually a useful way of approaching product ideation. There are several reasons why a structured idea-generation session may yield better results than a spontaneous brainstorm.

For more on choosing the right option to validate your idea, refer to our PoC vs Prototype vs MVP guide.

Common Frameworks for New Product Ideation

After you’ve defined your problem, finished your research, and compiled your findings, it’s time to plan an ideation session. Among other things (such as sending out calendar invites and selecting your collaboration tools), planning will include choosing a framework that enables your team to shape a new product idea. It’s worth mentioning that such tools can be used for a variety of tasks, regardless of the size of your organization — see startup frameworks for more.

There are a few different kinds of ideation techniques, but the most commonly suggested frameworks are SCAMPER and SWOT.

How to Use SCAMPER

SCAMPER is a critical thinking technique that can be applied to ideation. It’s all about taking a fresh look at what’s already out there and putting your company’s spin on it.

SCAMPER is a combination of seven different techniques, namely (S) substitute, (C) combine, (A) adapt, (M) modify, (P) put to another use, (E) eliminate, and (R) reverse. The terms prompt you to reimagine every aspect of a problem in order to find the ideal solution.

How To Do a SWOT Analysis

SWOT stands for Strengths, Weaknesses, Opportunities, and Threats. Although it is mainly used as an idea screening tool, SWOT can be helpful for brainstorming too.

To begin a SWOT analysis, you must first decide on your subject or objective (e.g. develop a new tool for social media management). Once you have that in mind, you can proceed to list its characteristics. To explore the internal merits/drawbacks of your subject, list its Strengths and Weaknesses. To explore the external factors that may propel or hinder its success, list its Opportunities and Threats. It may also be helpful to perform a SWOT analysis on one (or more) of your competitors, in order to pinpoint their shortcomings.

Each of the above frameworks has its limitations. Although both are useful brainstorming tools, neither provide a clear path into the selection or implementation stages of new product development. Additionally, SWOT is better suited for the screening stage of ideation; its compact shape doesn’t provide much leeway for exploring the intricacies of a problem. At Railsware, we use the BRIDGeS framework to maintain clarity and consistency throughout the idea generation process. Here’s how it works…

Generating Ideas for New Products With BRIDGeS

BRIDGeS is a flexible decision-making and ideation framework designed by Railsware. It is a four-step process in which you analyze the Benefits, Risks, Issues, Domain Knowledge, and Goals of a Subject(s) in order to find the best solution — in this case, a viable new product idea.

Steps for Idea Generation in New Product Development

Before you dive into a BRIDGeS session, we recommend reading a little bit about how to prepare first. If you will be running a virtual session, you can download our Figma template. For in-person sessions, you’ll need a whiteboard, markers, and colored notes or cards.

When it comes to inviting participants, we recommend that your team include designers, engineers, members of the product team (e.g. product manager, business analyst, etc.), and other stakeholders who will be involved in the development process. For best results, invite between two and eight attendees.

Once you’re familiar with how BRIDGeS works, it’s time to put it into practice. Here’s what that entails:

BRIDGeS ideation sessions can last anywhere from 4-16 hours, depending on the complexity of your product idea. However, by the end of the session, you should have a list of epics and tasks ready to be transformed into a product development roadmap. To get a better sense of how the framework looks in practice, check out our Uber Case Study.

Key Benefits of BRIDGeS for Ideation

In the context of product discovery, BRIDGeS bears some advantages over other discovery tools, frameworks like SWOT and SCAMPER, or other approaches like mind mapping, storyboarding, and reverse thinking. For instance:

Wrapping Up

Idea generation is arguably the most important step in the new product development process, but it doesn’t have to be frustrating, complicated, or tedious. Adding structure to brainstorming sessions can enhance your team’s creativity, increase engagement, and maximize synchronization. While there are many different kinds of ideation techniques and frameworks on the market, it’s essential to choose one that aligns with the goals of your product team. Frameworks like BRIDGeS can help ease the transition from idea generation to implementation. With the right structures in place, great ideas can be quickly transformed into powerful new products.

Exit mobile version