I recently posted in the International Legal Technology Association's KM blog a piece focused on the need for innovations that are both practical and novel for law firm / department innovation (click here to read it).
I think the "test" I propose in that blog post, for whether an organization should consider adopting a new innovation, is useful for all types of organizations. Here's the test, slightly adapted to be useful for a general audience, for whether your organization should consider an innovation to be both practical and novel:
A quick note on including "novel" as part of the test; the reason for this is that if an innovation is widely in use by others that you compare yourself to, it no longer confers any competitive edge (but may simply be something that has become "table stakes" for your industry - or is, in fact, useless, and you've avoided wasted time and money by not implementing it).
Let me know what you think of the test.
I connect organizations to new ways of thinking and innovation, then work with them to choose the best path forward, and then design and implement the change with them.