Innovation Management ? The Harsh Facts Of Life For All Innovators






Creativity can be defined as problem identification and idea generation whilst innovation can be defined as idea selection, development and commercialisation.



There are other useful definitions in this field, for example, creativity can be defined as consisting of a number of ideas, a number of diverse ideas and a number of novel ideas.

There are distinct processes that enhance problem identification and idea generation and, similarly, distinct processes that enhance idea selection, development and commercialisation. Whilst there is no sure fire route to commercial success, these processes improve the probability that good ideas will be generated and selected and that investment in developing and commercialising those ideas will not be wasted.

The harsh facts of life for all innovators

a) Your opinion doesn't matter. The end user's does.

b) People will resist change unless they see a significant benefit.

c) If the innovation failed, then you made the wrong assumptions.

d) Your innovation may not be appreciated until you are dead.

e) No innovation is so compelling it will sell itself.

f) People will find reason NOT to adopt your innovation.

g) Only 2.5% of the population are willing to give your idea a try (Innovator Theory, Moore).

h) Culture, emotion and tradition are powerful obstacles.

i) If you don't find out what potential users are like, you will likely fail.

j) If you don't use a broad, diverse and novel sample in your market research, then parochialism, path dependency and competency traps are preventing you from making good decisions.

These and other topics are covered in depth in the MBA dissertation on Managing Creativity & Innovation, which can be purchased (along with a Creativity and Innovation DIY Audit, Good Idea Generator Software and Power Point Presentation) from http://www.managing-creativity.com/

You can also receive a regular, free newsletter by entering your email address at this site.

Kal Bishop, MBA

**********************************

You are free to reproduce this article as long as no changes are made and the author's name and site URL are retained.

Kal Bishop is a management consultant based in London, UK. He has consulted in the visual media and software industries and for clients such as Toshiba and Transport for London. He has led Improv, creativity and innovation workshops, exhibited artwork in San Francisco, Los Angeles and London and written a number of screenplays. He is a passionate traveller. He can be reached on http://www.managing-creativity.com/

 Continue for more related information:

RELATED RESULTS:


 

Facing a Resource Crunch? Read On!
Recently I read an excerpt from a new business innovation book wherein the author went to great lengths to instill the need to pro...

Humankinds Greatest Inventions
There are a number of amazing inventions that have been created during the course of human history. Some of the great ones that come t...

Business Innovation ? Radical and Disruptive Innovation
Creativity can be defined as problem identification and idea generation whilst innovation can be defined as i...

Take Your Good Idea One Step Further
Whether you're an executive, manager, professional, or entrepreneur, you need to think ahead. When you do it in a formal sense, ...

The Pendulum Swings Right - A Major Shift is Happening Inside Our Brains
The world is now changing again, it appears. The logical and analytical skills that continue...

How to Turn Nothing Into Something
Excerpted from the Jim Rohn Weekend Seminar-Excelling in the New Millennium) ...

Techno Witch II - Magick With Your PC
You've heard of applied science, well how about applied Magick. The personal computer is just a tool after all, so in theory yo...

Prevention is Better Than Cure... Says Who?
You've likely heard this before... "An ounce of prevention is worth a pound of cure." ...

Use Your Intuition As a Valuable Tool for Change
Here's a subject that we don't normally think of when we think about change. Yet, intuition can be a very powerful f...

Solve Problems With A Word List
To creatively solve problems you need to get your mind looking in new directions. You can systematically do this by using a list of w...

Table of Contents | Article-Max Directory