Identifying possible risks in your innovation process takes a lot of mental energy, discipline and time, doesn’t it? By applying the RAT method (Riskiest Assumption Test), you can define every hurdle and risk by executing small, agile and rapid tests.

1. Riskiest Assumption Test

2. Innovation
Methodology
RAT

3. Innovation

4. Innovation is very exciting,

5. 90% of innovation fails.

6. The
product/
service
Product fail factors
No market need 42%
Pricing/Cost issues 18%

7. The
innovation
process
The
product/
service

8. The
innovation
process
Client type
Start-ups / SMEs / Corporates
Available maturity and expertise
Clear specified idea vs no idea
Amount of resources
Availability of the team
Available budget
Team structure
Amount of discipline teams
Different team locations

9. The
innovation
process

10. The
innovation
process
Fail factors
Run out of cash 29%
Not the right team 23%
Get outcompeted 19%

11. The
innovation
process
The
product/
service

12. The
product/
service
Technology driven
Complex

13. Functionality
possibilities
Culture
Technology
capabilities solutions

18. The
innovation
process
The
product/
service

19. Methodology

20. We work agile
The
innovation
process

21. Analysis
Traditional
Design Code Test
AnalysisDesignCodeTest
Agile
One-off activities
Continuous activities

22. 01
Framing
02
Concept
03
Feasibility
04
Functionalities
05
Design
06
Development

23. June
PoC
prototype
5 devices
Pilot
prototype
60 devices
Production
product
500 devices
Scaling up
+10.000 devices

24. We learn by doing
The
innovation
process

25. Time
Uncertainties/Risk
PoC Pilot IndustrialisationFraming Feasibility

26. Time
Uncertainties/Risk
PoC Pilot IndustrialisationFraming Feasibility

27. We validate
The
innovation
process

28. Product Requirements Document
What to build
High level requirements
Business case
Main functionalities
How to build
Detailed requirements
Technical
Legislation
Certification

29. Digital User Interface Connected object
PlatformFront-end Back-end CasingFirmware Electronics
QualityEnvironment Regulations Production

30. Validation by all stakeholders
Design
Marketing
Sales
Development
Production
Service

31. 01
Framing
02
Concept
03
Feasibility
04
Functionalities
05
Design
06
Development

32. RAT: Riskiest Assumption Rest

33. 01
Framing
02
Concept
03
Feasibility
04
Functionalities
05
Design
06
Development
Here is the RAT

34. Product concept Product parts Sub systems
Locate the risks

35. Desirability Technical feasibility
2 types of RAT

36. Product concept Product parts Sub systems
RAT
Desirability

41. Product concept Product parts Sub systems
RAT 1
RAT 2
Technical feasibility

42. Wireless communication

48. Image readability for OCR

52. Crash detection

57. Miniaturisation & energy balance

59. Conclusion

60. Tackle the big issues up front
Keep the budget and timing under control

61. Thanks!