Concept Screening Template

Concept Screening Template - Free PowerPoint Tool

Concept Screening Interactive App

Concept Screening Software

Concept Screening Best Practices

Concept Screening is a process that an organization can use to narrow down the number of ideas that are commonly generated for a new product or service. In order to ensure that the strongest ideas are selected for further development, they need to be screened against certain criteria. Such criteria might include, but are not limited to: ideas that offer the most likelihood for success, market potential, best reception by the customer, are of the greatest interest to the individuals on the innovation team or have the most room for improvement.

More about Concept Screening

Description of Concept Screening

Concept Screening allows for potential products or services to be compared against current ones to garner a better understanding of how a new product will fare on the market. After all of this information has been gathered, every potential idea should be compared against the others to identify the one(s) that will be further developed. Notably, this process can also be used when organization members need to reach agreement about which potential idea to pursue.

 

The Concept Screening process involves four steps:

 

Step 1: Create the criteria against which potential ideas for a new product or service will be compared. The debate over the criteria will ultimately help the organization to identify potential issues that can be resolved before the product hits the market. Best practice suggests generating no more than 20 criteria. Think carefully about the ones you select to ensure that they are the most essential.

 

Step 2: Identify what existing product on the market either offered by the organization or its competitors will be the baseline against which the new ideas are compared. By pinpointing a comparison object it will be easier to determine what areas can be improved upon in a new product or service and what aspects of the new ideas need to be further developed to match market standards.

 

Step 3: Generate and compare the scores for the new product or service ideas against those of the existing products. In this step, compare each new item against the previously established criteria. The organization is free to develop its own scoring system but it can be anything as basic as assigning a -1, 0 or +1 to indicate that the new product or service is worse than, the same as or better than the new one, respectively. In general, it is best to select the option that scores better than what is currently being offered. However, before ruling out the other lower-scoring options, consider the ways in which they might be improved and how much it will cost the organization to make those improvements.

 

Step 4: Select one or more of the ideas to be further developed. During this step, make sure that each member of the innovation team agrees that the selected idea(s) make the most logical sense. This precaution is suggested to ensure that no mistakes were made during the selection process and so that everyone on the team will be committed to furthering the selected product or service.

Praxie's Online Concept Screening Tools & Templates

Concept Screening is often considered an independent tool that supports innovation portfolio management and the stage gate process. One specific template that can be used to assist the innovation team during Concept Screening is the SWOT analysis, which can help surface specific criteria to use during the concept screening process. 

Concept Screening is a process that an organization can use to narrow down the number of ideas that are commonly generated for a new product or service. In order to ensure that the strongest ideas are selected for further development, they need to be screened against certain criteria. Such criteria might include, but are not limited to: ideas that offer the most likelihood for success, market potential, best reception by the customer, and those that are of the greatest interest to the individuals on the innovation team or have the most room for improvement. 

Praxie’s online Concept Screening collaboration tools allow any team or organization to instantly begin working with our web templates and input forms. Get started with our Concept Screening template. 

  1. How to use it:
  2. Enter concepts to screen across the top.  
  3. Finalize your own criteria as desired.  
  4. Score concepts based on research or other data. 
  5. Evaluate the score results. 

Our digital platform goes far beyond other software tools by including progress dashboards, data integration from existing documents or other SaaS software, elegant intuitive designs, and full access on any desktop or mobile device.