If a new innovation is to be true to how it was originally conceived, the business cannot afford to fail in the Back End, as failure would mean ____ . This is why execution is so critically important.
A.
utter collapse for the business
B.
that all the time, effort, and expense it had invested in the prior stages was wasted
C.
that the business ' Project Managers were incompetent
In the GIMI Breakthrough Innovation Method , the Back End phase is where execution plays a critical role in transforming an innovation from concept to reality. If a business fails at this stage, it is particularly devastating because all the time, effort, and expense invested in the earlier stages of the project would be wasted. These early stages often involve significant research, development, and planning, and failure in the Back End means that these investments have not yielded any tangible results. This underlines the importance of flawless execution in the final stages to ensure that the efforts and resources are not squandered. The Innovation Professional (CInP) curriculum stresses that while ideas and innovation concepts are valuable, they must be effectively realized and executed to achieve success, making the Back End phase a key factor in determining the overall viability of the project.
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