Business Innovation ? the Best Ideas
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 Best ideas
Some ideas are better than others. No doubt about it. But some types of ideas are also better than others:
a) Franklin (2003) writes that the ideas with the most likelihood of success are random events ? but where the creator has previous knowledge. The creator just happens to come across a problem that he is able to solve.
b) The second most successful type of idea is solution spotting. Where the creator has knowledge and consciously looks for a problem to apply that knowledge to. Thus laser technology was put to good use to invent CD's.
c) The third most successful type of idea resulted from market research. Where creators went out to identify problems and then search out solutions.
The above idea types fit very well for innovators searching for finance. The most often statement heard from venture capitalists is: what problem does it solve?
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/
 Google News Updated : Thu, 24 Jul 2008 00:51:42 GMT "Dark Knight" beats total of previous Batman film - Reuters
Reuters - By Dean Goodman LOS ANGELES (Reuters) - After just six days of release in North America, the new Batman sequel "The Dark Knight" has grossed more domestically than its predecessor did in its entire run, distributor Warner Bros. Video: 'Dark Knight' Sets Weekend Box Office Record 'Dark Knight' may be summer's highest-grossing film Publ.Date : Wed, 23 Jul 2008 23:19:56 GMT Genetic Cause of Statin-Related Muscle Pain Found - Washington Post
Washington Post - By Ed Edelson WEDNESDAY, July 23 (HealthDay News) -- British researchers have discovered a genetic variant that causes some people who take cholesterol-lowering statins to have the muscle weakness called myopathy. 7 Reasons Not to Dismiss Statin-Caused Pain Discovery may boost statin safety Publ.Date : Wed, 23 Jul 2008 21:59:27 GMT Microsoft refunding gamers, Games for Windows Live goes free - Ars Technica
Ars Technica - By Frank Caron | Published: July 23, 2008 - 07:06PM CT PC gaming wasn't a huge factor at this year's E3, but it seems that Microsoft was merely biding its time before making its big moves to try and perk up the waning PC gaming market. Microsoft Drops Player Fees On Games For Windows Live Unangst: GFW Live Has Full Game Download Plans 'On The Roadmap' Publ.Date : Thu, 24 Jul 2008 00:17:11 GMT Angels' bats loom large in victory over Indians - Los Angeles Times
Los Angeles Times - Normally tepid offense produces season highs in runs and hits (19). Jeff Mathis, Howie Kendrick and Casey Kotchman combine for 13 hits, Francisco Rodriguez gets 42nd save and team ups West lead to 10 By Bill Shaikin, Los Angeles Times Staff Writer The ... Mathis drives in six; Angels hold off Tribe in wild slugfest Angels pound Laffey, slam Mastny, in ripping Indians, 14-11 Publ.Date : Thu, 24 Jul 2008 00:05:36 GMT Google unfurls less laughable Wikipedia - Register
Register - By Cade Metz in San Francisco → More by this author Back in December, the search engine cum world power announced an anyone-can-edit online encyclopedia it insists on calling Knol, and this morning, with a post to The Official Google Blog, ... Google Launches Knol, The Monetizable Wikipedia Google opens Knol website, a wiki with bylines Publ.Date : Wed, 23 Jul 2008 23:46:16 GMT "Bad Girls" mind-set, Pierson and Parker a volatile mix - WNBA - ESPN ESPN - By Mechelle Voepel What does it take to light up a tinderbox? Just a spark. Or in the case of the Detroit-Los Angeles scuffle with 4.6 seconds left of a WNBA game Tuesday, it was a Spark. WNBA reviewing fight between Detroit, LA players Don't make Mahorn the bad boy in WNBA scuffle Publ.Date : Wed, 23 Jul 2008 23:15:40 GMT US House Approves Fannie-Freddie Bill by 272-152 (Update1) - Bloomberg
Bloomberg - By Brian Faler July 23 (Bloomberg) -- The US House of Representatives approved legislation designed to shore up confidence in Fannie Mae and Freddie Mac and stem the record surge in mortgage foreclosures, sending the bill to the Senate. Video: House OKs Rescue for Homeowners, Freddie, Fannie US mortgages: Bush relents on veto threat to Fannie and Freddie ... Publ.Date : Wed, 23 Jul 2008 23:37:49 GMT Automate Your Blogging |
PARLOT::Ebooks, Scripts,
Websites, and more... Basically what innovation does is making your business unique and... Read More You've probably heard it a hundred times by now -... Read More Thomas Edison failed thousands of times before he revolutionized the... Read More The constant search for Good Ideas has resulted in many... Read More You've heard of applied science, well how about applied Magick.... Read More The mind is an infinite wonder. It has the fantastic... Read More Creativity can be defined as problem identification and idea generation... Read More Yesterday, I went above and beyond the call of duty... Read More "How'd they do that?" I asked myself time and time... Read More One of the ways a person must advance past perfectionism... Read More The relative ease of i) generating good ideas and ii)... Read More Creativity can be defined as problem identification and idea generation... Read More It is that time of year again. Yuletide?Christmas in the... Read More People often think that there is a creative type. This... Read More Throughout History we have imprisoned our brightest stars and thinkers.... Read More Creativity can be defined as problem identification and idea generation... Read More Creativity can be defined as problem identification and idea generation... Read More When is it right for you to rebel against the... Read More Creativity can be defined as problem identification and idea generation... Read More Every artifact, every tool, everything ever designed or created by... Read More Have you ever watched a TV program where the supporting... Read More The thought that every great thing that has ever happened,... Read More Creativity can be defined as problem identification and idea generation... Read More Creativity can be defined as problem identification and idea generation... Read More Creativity can be defined as problem identification and idea generation... Read More
Adsense
websites
Innovation Makes Leaders
Choosing a Winning Business Idea
Thousands of Failures, but Thousands of Patents
Creativity and Innovation Management - Good Ideas Part 1
Techno Witch II - Magick With Your PC
The Hidden Superpowers Of Your Mind
Business Innovation ? the Value of Decision Makers
Discover the Secret to Success in Your Own Back Yard
Howd They Do That?
Enhancing Vulnerability To Master Perfectionism
Creativity and Innovation Management - Good Ideas Part 2
Process Innovation
Befriend Your Budget, This Yuletide and Always
Creativity and Innovation Management - Special People?
Why Do We Suppress Higher Thought?
Business Innovation ? Small Changes, Big Effects
Business Innovation ? the Creative Process
A Time for Rebellion!
Business Innovation ? Confidence through Competence
Penny For Your Thoughts?
Make Ideas Your (& Their) Own: Persuade Yourself and Others
Let the Seeds Grow
Innovation Management ? Capturing Ideas
Types of Innovation
Innovation Management ? predicting winners
Affordable and Reliable Web Hosting Starting at $4.49/Month
Creativity Management and Good Ideas
Some ideas occur in the office and others occur away... Read More
Creativity and Innovation Management - Good Ideas Part 2
The relative ease of i) generating good ideas and ii)... Read More
Can We Change People?
There was a class of "challenged" children and many teachers... Read More
Innovation Management ? Capturing Ideas
Creativity can be defined as problem identification and idea generation... Read More
Business Innovation ? Small Changes, Big Effects
Creativity can be defined as problem identification and idea generation... Read More
Discover the Secret to Success in Your Own Back Yard
Yesterday, I went above and beyond the call of duty... Read More
Become an Idea Collector
Have you ever gotten a really great idea ? one... Read More
All Fortunes Begin With an Idea!
A new idea is merely the combination of two or... Read More
How To Benefit from The Power of New Innovations in the Year 2005
How many times have you heard the phrase "knowledge is... Read More
Fire Evacuation Drill with a Difference
I had been given the task to organize a fire... Read More
Business Innovation ? the Value of Decision Makers
Creativity can be defined as problem identification and idea generation... Read More
How To Do What You Dont Want To
Before I reveal it, shall we review some things that... Read More
The 99 Percent Rule
It's Friday night, you're sitting at a restaurant, and as... Read More
How An Idea Can Lift You
What determines your destiny? What predisposes your choices?It is your... Read More
Creativity and Innovation Management ? Fast Feedback
Creativity can be defined as problem identification and idea generation... Read More
Harness the Power of Skill Sets and Mindsets
When you have a problem, sometimes you need a new... Read More
Business Innovation ? the Creative Process
Creativity can be defined as problem identification and idea generation... Read More
Creativity Management ? When To Add Talent
Creativity can be defined as problem identification and idea generation... Read More
How To Be An Innovator In A World Of Change
Innovators are opportunity-oriented.What's the hidden opportunity in that problem? Where... Read More
Accelerate Your Learning
Although you may not currently be a student, learning is... Read More
Is Mans Next Step Like A Can of Potted Meat?
Is it the dawning of the Age of Aquarius? For... Read More
Creativity and Innovation Management - Good Ideas Part 1
The constant search for Good Ideas has resulted in many... Read More
Peace Alliance vs. Fighting a Battle
We read in the press about the "War on Drugs"... Read More
Innovation Management ? Ideas From The Most Embarrassing Experiences Of Life
Creativity can be defined as problem identification and idea generation... Read More
What Dreams Will Come!
As the pioneers of aviation took to the air (not... Read More
Innovation |