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Sunday, June 26, 2011

Idea Evaluation

Three high level parameters help if one has to evaluate ideas.

The method that I have been following has the following three key parameters

1. Customer Value - To know more one can read HERE

2. Business Potential

3. Readiness and Feasibility

Now the trick is to carry out a pairwise comparison using the Analytic Hierarchy Process (AHP)

The Output given below - gives on the x-axis - relative score for Enterprise Readiness and Feasibility of the idea and y-axis gives a relative score of Customer Value. The size of the bubble gives the relative score for Business Potential.


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