Business Innovation ? Tacit Knowledge

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.

Tacit Knowledge

Nonaka et al (1995) define knowledge as being tacit or explicit. Explicit knowledge is all that can be codified, easily communicated and explained. Tacit knowledge is everything else - that which is hidden, deep rooted in action, hard to formalise and difficult to communicate.

Creativity and innovation are enhanced when individuals possess high rates of tacit knowledge. Tacit knowledge can be enhanced in a number of ways:

a) Engagement in many varied, novel and diverse activities. Those individuals with a life long interest in many subjects tend to be the most creative.

b) Utilising networks and collaboration. This allows intellectual cross-pollination, frame breaking and bridging of disparate worlds.

c) Access to many varied, diverse and novel information sources. These increase the intellectual input into problem identification and idea generation.

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.

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 MBA, 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/

In The News:


Google News
Updated : Mon, 13 Oct 2008 05:51:32 GMT

Worth the trouble - Boston Herald

Worth the trouble
Boston Herald - 39 minutes ago
By Dan Duggan As Red Sox [team stats] fans shook out the cobwebs yesterday morning after yet another marathon postseason game, it would have been easy to forget some of the positive developments from the Sox’ 9-8, 11-inning loss to Tampa Bay in Game 2 ...
Video: Tampa Bay Wins Slugfest on Sacrifice Fly AssociatedPress
Rays win respect, too Washington Times
USA Today - Sarasota Herald-Tribune - Wilkes Barre Times-Leader - SouthCoastToday.com
all 3,671 news articles

Publ.Date : Mon, 13 Oct 2008 05:12:18 GMT

Alaska ethics probe says Palin abused her power - Reuters


BBC News
Alaska ethics probe says Palin abused her power
Reuters - 40 minutes ago
By Caren Bohan CHILLICOTHE, Ohio (Reuters) - An Alaska ethics inquiry found on Friday that Gov. Sarah Palin, the US Republican vice presidential candidate, abused her authority by pressuring subordinates to fire a state trooper involved in a feud with ...
Palin: Bad Guys vs. Good Guys FOXNews
Palin talks economic worries in Appalachian Ohio The Associated Press
International Herald Tribune - CNN Political Ticker - Columbus Dispatch
all 1,431 news articles

Publ.Date : Mon, 13 Oct 2008 05:10:53 GMT

Television Review | 'My Own Worst Enemy' - New York Times


New York Times
Television Review | 'My Own Worst Enemy'
New York Times - 56 minutes ago
By ALESSANDRA STANLEY Most people sometimes wake up on the wrong side of bed. The hero of “My Own Worst Enemy” on NBC wakes up on the wrong side of his brain.
'Worst Enemy' Just Isn't Bourne-Again Bond Washington Post
Spy-vs.-normal-guy premise of 'Worst Enemy' doesn't work USA Today
San Francisco Chronicle - Los Angeles Times - Boston Herald - Fort Worth Star Telegram
all 101 news articles

Publ.Date : Mon, 13 Oct 2008 04:54:37 GMT

Jennifer Lopez, Marc Anthony renew vows along with Carlos Beltran ... - New York Daily News


New York Daily News
Jennifer Lopez, Marc Anthony renew vows along with Carlos Beltran ...
New York Daily News - 1 hour ago
BY DAVE GOLDINER Just four years after saying "I do," Jennifer Lopez and Marc Anthony reportedly secretly renewed their vows in Las Vegas Sunday - and they had company at the altar.
Inside Jennifer Lopez & Marc Anthony's Renewal Ceremony People Magazine
J.Lo’s vows not staying in Vegas Boston Herald
Singersroom News - AceShowbiz - United Press International - Actress Archives
all 37 news articles

Publ.Date : Mon, 13 Oct 2008 04:39:55 GMT

Doubling of Vitamin D for Children Is Urged - New York Times


The Plain Dealer - cleveland.com
Doubling of Vitamin D for Children Is Urged
New York Times - 3 hours ago
By AP CHICAGO (AP) - The country’s leading group of pediatricians is recommending that children receive double the usually suggested amount of vitamin D because of evidence that it might help prevent serious diseases.
Pediatricians double vitamin D recommendations The Associated Press
Pediatricians double vitamin D recommendations WLOS
The Plain Dealer - cleveland.com - Examiner.com
all 90 news articles

Publ.Date : Mon, 13 Oct 2008 02:45:16 GMT

Manatee dies before reaching Florida - South Coast Today


WHDH-TV
Manatee dies before reaching Florida
South Coast Today - 36 minutes ago
By AARON GOUVEIA and KC MYERS EAST DENNIS - After a dramatic rescue Saturday morning, a wayward manatee known affectionately as Dennis died Sunday with just one hour before he reached SeaWorld in Florida.
Manatee almost gave them the slip Boston Globe
Cape Cod Manatee Dies on Way Back to Florida WLNE-TV (ABC6)
My Fox Boston - The Associated Press - Cape Cod Times - SouthCoastToday.com
all 542 news articles

Publ.Date : Mon, 13 Oct 2008 05:14:57 GMT

UPDATE 1-Tropical Storm Nana forms in Atlantic - Reuters


Javno.hr
UPDATE 1-Tropical Storm Nana forms in Atlantic
Reuters - 8 hours ago
MIAMI, Oct 12 (Reuters) - Tropical Storm Nana, the 14th of the Atlantic hurricane season, formed on Sunday in the Atlantic Ocean east of the Caribbean islands, the US National Hurricane Center said.
Tropical Storm Nana forms in Atlantic eTaiwan News
Tropical Storm Nana Forms Over Eastern Atlantic RTT News
CNN - The Associated Press - eFluxMedia - Central Florida News 13|
all 199 news articles

Publ.Date : Sun, 12 Oct 2008 21:29:57 GMT

Clickbank Datafeed
How to Earn Money At Home


PARLOT::Ebooks, Scripts, Websites, and more...

Adsense websites

Small Business Outsourcing: An Introduction

Outsourcing is the delegation of a business process to an... Read More

Problem Solving

When problem solving, you may recognize that you were working... Read More

10 Critical Questions to Ask Before Hiring a Consultant

Talk to as many consultants as you can before hiring... Read More

Where Businesses Fall Short

1. No vision. Successful businesses have a clear vision or... Read More

Planning a Productive Retreat

What value is there in leadership or team-building retreats? Just... Read More

How Can A Communications Audit Help You?

Organizations communicate in two directions: internally to staff and externally... Read More

First Things First -- Process BEFORE Technology

Here's a brief story I encountered while leaving Newark International... Read More

The ?Better Product? fallacy

Another fallacy ingrained in the minds of most marketing managers... Read More

Innovation Management - idea selection and valuation issues

Innovation is different and distinct from creativity in that it... Read More

Managing Change in the Workplace

Change is exhilarating. Change is terrifying. Change is badly needed... Read More

Narcissism in the Boardroom

The perpetrators of the recent spate of financial frauds in... Read More

Is Your Business Healthy?

Most business owners I work with want to grow their... Read More

Guidelines For Conducting A Good Meeting

Okay, so you've figured out what kind of meeting is... Read More

Have You Always Thought That The Best Ideas Come From Research Or Management? Think Again

Many entrepreneurs and chief executive officers are unaware that there... Read More

Supervisor-Employee Relations: Tips For Managers

Supervisor-employee relations are a critical part of a work place... Read More

Collaboration: 3 Keys to Keeping Your Documents from Getting Lost in the Shuffle

Often, collaborating documents in a team or in a business... Read More

How Businesses Can Stop Wallowing in Bad Debt and Prevent It in the Future

"Become the Squeaky Wheel", a new book just published, explains... Read More

Eight Skills of Highly Successful Consultants

With deference to Dr. Covey and his very popular Seven... Read More

Basic Management Skills

Recent studies have shown that industrial supervisors are working at... Read More

Beyond Management Coaching: When Things Are Getting Out of Control

Leaders and Managers often ask us, 'What do you do... Read More

Reprimanding Marginal Employees

THE MARGINAL PERFORMER: Every manager must, from time to time,... Read More

Why Outsourcing Could Be The Best Thing You Do For Your Business

While it's probably not true to say that the traditional... Read More

How to Create an Operations Manual

An operations manual can act as a tool for training... Read More

Dont Sweat the Small Stuff with Your Credit Policy

Do you know how many customers you have that are... Read More

Successful Managing Through Delegation

Managers should avoid the tendency to constantly delegate to the... Read More