The 100 Dollar Test

Type of record:
  • Micro method
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Ideal innovation phases for this method:
  1. Innovation Phase
  2. 1
  3. 2
  4. 3
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  6. 5
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Description

Everyone has a feeling for the value of money. This feeling can be used in the 100 Dollar Test to intuitively evaluate ideas, aspects, functions and other components of a procedure or product and at the same time find a common denominator valid for all.

This method is based on the consideration of quickly evaluating individual parts of a given whole with a known and frequently used unit and thus placing them in relation to one another.
  • Effective for all innovation types
  • Effective for incremental innovations and improvements
  • Effective for low complex challenges
  • P7 Idea selection (voting - evaluation - filtering - deciding)
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