LaunchPath

Idea Validation
Turn promising ideas into actionable projects with business cases and experiments.

Idea Validation

Ensure your innovation investments are backed by data and insights, not just assumptions.

Your Goal

Help your team de-risk ideas by building business cases and running structured experiments.

Problem

Innovation efforts often fail due to untested assumptions or a lack of structured validation processes.

Solution

LaunchPath’s Idea Validation feature helps teams create business cases, test critical assumptions, and track results—giving you confidence in your innovation decisions.

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Benefits
Turn Ideas into Actionable, Validated Projects
Ensure ideas are rigorously tested before allocating resources for implementation.
Make Data-Driven Decisions
Build confidence in your innovation pipeline with validated business cases and experiment results.
Streamline the Path to Execution
Track ideas as they progress through validation and into project execution seamlessly.

How It Works

Guide your team through a structured process to document key assumptions, value propositions, and metrics.
Align business cases with organizational goals and strategic priorities.
Make informed decisions with clear, data-driven documentation.
Design experiments to validate assumptions about customers, markets, and feasibility.
Use proven methodologies like Lean Startup to ensure experiments generate actionable insights.
Capture experiment results directly in the platform for easy tracking and reference.
Manage the progression of ideas as they move into experiments and projects.
Monitor timelines, outcomes, and learnings to inform future decisions.
Provide visibility and accountability across teams and stakeholders.
How Innovation Leaders Leverage Our Idea Validation Features
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Empowering Nonprofit Teams to Test New Programs
Validate program ideas by testing feasibility, stakeholder engagement, and impact potential.
De-risking Corporate Innovation Initiatives
Run experiments to validate new product ideas and ensure alignment with customer needs.
Helping Startups Build Scalable Business Models
Quickly test assumptions and iterate business models to accelerate growth and reduce risk.

Frequently Asked Questions