The three phases of innovation the iii way:

• Phase 1 of Inspiration – A phase where you identify a problem to solve and have a meaningful purpose
• Phase 2 of Ideation – A phase where you generate as many ideas as possible and pick one winning idea.
• Phase 3 of Incubation – This is where you bring in all other aspects who help and support the core idea to become a reality.

as presented by Naveen Lakkur, Chief Innovation Coach, Institute of Inspiring Innovation.