Val Workman
The opinions expressed by the bloggers below and those providing comments are theirs alone, and do not necessarily reflect the opinions of Ryma Technology Solutions. As they say, you can't innovate without breaking a few eggs...
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Technology Readiness and Innovation Alignment Table
One factor in defining the potential business opportunity early in the innovation process of various problem statements is the Technology Readiness Level (TRL) estimate. This is a number from 1-9. I've included a table that aligns the TRL with the required innovation type and the sub-portfolio it belongs to.
Typically, the product management team wants to manage the innovation portfolio so that 10% of the features being developed in a roadmap interval belongs in the Transformational sub-portfolio, 30% in the Enhancement & Improvement sub-portfolio, and 60% in the Maintenance & Utility sub-portfolio.
To do this, you need to estimate the innovation type that will be required to address the market problem. This estimation is normally based on the TRL, sometimes a couple of other criteria are added.
Technology Readiness and Innovation Alignment Table
