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Chance of Success

What are the chances that your new product idea will be successful?

These 12 questions will be the deciding factor.

Question	Key Driver	Score
1	Product is orientated towards the market	4
2	Product has high purchase importance	3
3	Benefits are unique and well defined	4
4	Benefits are highly visible	3
5	Project team has shared vision & values	5
6	Project team has clear aims and objectives	4
Total	PROJECT DEFINITION	23

7	Team has a good knowledge of the market	4
8	The market need has been quantified	3
9	The team has passion and resilience	4
10	This team is accountable for the entire project	4
11	Project has close fit with business strategy	3
Total	QUALITY OF THE TEAM	18

12	THIS MARKET IS GROWING	3


PROBABILITY OF SUCCESS
3.4

Enter a score between 1 and 5 for each question (1=low : 5=high), and if your success rating is above 4, your Chance of Success is HIGH. If the success score is less than 2, the probability of success is LOW. If you score between 2 and 4 you need to review these key drivers in more detail.

- For further information email: Innovation@Consultants-on-Line.com

Benefits

We provide a confidential 1 to 1 business coaching service. We get your business unstuck and get it going. Use our simple, proven business tools and techniques to improve performance and profit. We’ll help you set objectives and check your progress.

What our customers say

“ We have a proven track record with both large and small businesses across all industry sectors. We measure our performance, and have helped increase clients sales by over £5 million; “If you run a business and you have not spoken with Mike to see how he and his company may be able to assist your company, then, put simply, you must be mad!”

Mike Hatherall, Director, Green Sky IT Management

Chance of Success

Benefits

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