Agile future creation methodology. Innovation method for startups to build future-proof solutions
Rohit Rana · Journal of Entrepreneurial Researchers · 2024
The startup industry is a hub of innovation; however, the majority of new ventures fail. Current startup innovation methods do not address the underlying causes of this failure trend. One of the missing directions in the current startup innovations method is the focus on future direction and vision. It has been found that integrating various methods to cover both the creative and business aspects of a venture can help achieve better outcomes. The integration of different methods covers a wider point of view. To that, adding Future Thinking can help reframe the innovation process in a better way. It is a future-proof approach that can help analyze the changes in society to find weak signals or drivers. That can present potential opportunities for businesses to focus. As an outcome of this research Agile Future Creation toolkit is introduced as a method to address the shortcomings identified. It provides startups with an innovative method to explore future possibilities in a more planned and efficient manner. The toolkit uses a mixed approach of Future Thinking, Design Thinking, and Agile practices bestowing more hard and soft skills to guide startups to success.