The author describes the innovator's dilemma as the conflict arises between old and new innovations. Essentially, people develop innovations, nurture them and bring them to market. Then, they defend these innovations. The innovator's dilemma is to determine at what point a new innovation is truly innovative and game-changing and at what point the old innovation is the better option.
Innovation reflects the unknown. A new innovation is one that is unproven, and there is always going to be a degree of risk aversion that drives people to prefer existing technologies and ideas over new ones. This risk aversion lies at the heart of the innovator's dilemma. The author describes it as being based on emotional and psychological responses. In some cases, there may be ego involved for one who is involved in the old innovation – when AltaVista and Yahoo rejected Google's ideas they may not have realized it, but they were defending their own innovations. However, such a response led them to make the wrong move, and today Yahoo is struggling and if AltaVista still exists nobody is aware of that. As a result of this phenomenon, innovators are seldom able to sustain innovation. They instead find that their interests change, and with these changes comes the pursuit of refining or defending their old innovations. It can be difficult to let those old works go and pursue something new and better. Yet innovation is essentially a reflection of creative destruction. The old innovation might still be useful but if there is a better innovation available, it will win the day eventually. The best in business recognize the value of innovation, even when that innovation threatens their own personal legacy.
2. There is a myth of the lone invent...
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...a fountain of good, useful ideas, but good ideas are not at all uncommon.
The point that the chapter makes is that most good ideas are rejected by our internal filters. The ideas never go anywhere, but there are a lot of good ideas in each person. The trick is to recognize the best of these ideas and then to pursue them. For an invention to have an impact on humanity, it often requires determined pursuit of that idea as something that can be applied to other humans. We usually do not treat our ideas in this way, but instead we tend to be nonchalant about our ideas and let them slide into the ether. Good ideas do not always look like good ideas – so they are rejected. The reality is that it can be tough to judge off hand how good an idea is, but there are a lot of good ideas and if we pay more attention to them, we might find that innovation flows more freely.
...resent diversity within the labor force and “each of them will also have networks of professional associates whose knowledge they can tap in order to solve problems and accomplish tasks. Needless-to-say, diverse people will have diverse networks and provide your company with a vast and diverse meta-network at your disposal” (p.1). In short, in supporting of creativity, innovators essentially need the backing from top leaders, and without that support, many initiatives may break down or die on the vine (Harvard). For any idea to be successful, it is vital that it is aligned with company strategy; there is more likely to occur naturally when top executives involve and take the lead with a idea or creativity initiative and this is a main reason why management commitment is a key factor in the accomplishment of any idea or innovation process (Baumgarther, 2010).
Individual ideas can create emotions and relationships with other people. Ideas can conflict with someone else's things and can possibly bring two people closer together or create something new. Ideas power the world by advancing technology and developing new technology. One example of this is when Montag meets Clarisse McClellan.
The Myths of Innovation by Scott Berkun completely changed the way I view creativity. I noticed that we all have creativity inside of us; it is by means of expressing our deepest desires and ideas that we display our creativity to others. Burkun destroys myth after myth about innovation, which had me ready to start inventing my first million dollar idea! Berkun outlines ways to tap into innovation and pulls from history to guide us into the future. His simple and common prose gave me courage to tackle the tough problems. I now feel as though I have a firm grasp on what it means to be an effective creator.
I agree with Diamond’s idea that economic advantage, social value and prestige and vested interests could prevent a new innovation from being accepted. However, a new innovation can still ...
Your idea only has to be original in its adaptation to the problem you are working on” (Thomas Alva Edison, as quoted in Seaward 297). As time has gone on Americans have become less creative. Left-brain ways of thinking, such as being logical, rational, and analytical, are not only more dominant, but also more rewarded in school and work environments. We went from being a productive society, making most of our household items ourselves, to a consumer society where most of our household items are bought. “People now take a passive role in the creative process, letting other people do the important creative problem solving” (Seaward 298). According to Seaward, creativity can help turn a chaotic situation into one that is more calm and harmonized, and even has the ability to make change pleasant and more pleasurable. Creativity is a significant part of mental wellbeing. There are two stages associated with the creative process: primary creativity (the origin of ideas) and secondary creativity (the plan to bring the ideas thought of in primary creativity to life). There are four phases of creative thinking: the explorer, the artist, the judge, and the warrior. The first two phases are a part of the primary creativity stage, whereas the last two are a part of the secondary creativity stage. There are also many “roadblocks” to the creative process, but these roadblocks
The product/person must do something innovative in an industry that
Hamel G. and Breen B. (2007). The Future of Management: Aiming for an Evolutionary Advantage (Management Innovation in Action). Harvard Business School Press.
Moore, G. A. (2004, Jul/Aug). Darwin and the Demon: Innovating Within Established Enterprises. Harvard Business Review, 82(7/8), pp. 86; pp. 7.
Innovations are basically when an specific idea is transformed into a better idea(Quinn p.287). According to Quinn, the best innovations come from teamwork. This means that when a managers is able to develop creative thinking among his employees, the value of the organization increases. Nonetheless, there are several barriers to creative thinking. Some of the barriers could be either cultural or personal. Cultural barriers are those barriers that keep society in their usual lifestyle. For instance, same sex marriage could be a cultural barrier since it is not accepted in most religions. “If we are able to diminish our cultural barriers to creative thinking, we enhance our abilities to think differently and develop skills for creativity (Quinn p.290).” Many ideas may not be accepted by society at the beginning, but at the end, that 's what makes someone unique and trendy. Similar to cultural barriers, personal barriers are those that make people fear failure and those barriers that are against an individual beliefs. Examples of personal barrier are Resistance to change, fear of making a mistake, fear or failure or looking foolish, inability to tolerate ambiguity or to relax, tendency to judge rather than to generate ideas, self- criticism, conformity, stereotyping, lack of information (Quinn
Kelley,T. (2005, Oct.). The 10 faces of innovation. Fast Company, 74-77. Retrieved 6th March’ 2014 from http://web.ebscohost.com/ehost/detail?vid=9&sid=1d6a17b7-c5f7-4f00-bea4 db1d84cbef55%40sessionmgr10&hid=28&bdata=JnNpdGU9ZWhvc3QtbGl2ZSZzY29wZT1zaXRl#db=bth&AN=18386009
Over the course of this class I have learned how important it is to be creative and innovative in the way that businesses are conducted within the organizations. The ability to innovate is the “secret sauce” of business success (Dyer, et al., 2009). However, creativity and innovation cannot take place if the leaders are not willing to foster a culture of innovation within the organization. Amabile & Khaire (2008) asserted that, it is essential to motivate people to contribute ideas by making it safe to fail. Stress that the goal is to experiment constantly, fail early and often—and learn as much as possible in the process. Convince people that they won’t be punished or humiliated if they speak up or make mistakes (Amabile & Khaire, 2008).
1997). By reviewing the literature on learning and innovation, we try to answer the following
Innovates by finding a new product, a new service, or a new approach to a social problem.
1).Innovation Management:Innovation Management is the form of looking into future, of being creative, imaginative .It is used in the growth of product and also organizational innovation. It also includes tools which allows higher management & engineers to communicate with basic understanding of goals and its processes .Its main focus is to allow the organization to react quickly occurring within an organization, using its efforts to implement new ideas or its products. It also involves persons in contributing to the development of the companies manufacturing and also its marketing. Through development also innovation process can be done. There are two types of process involved in innovation management one is pulled and the other is pushed. Pushed process is the one in which the organization uses its technology to discover profitable applications. Pulled process is the one in which the focus is mainly in developing the efforts to find the solutions. There are two phases in innovation management .First phase includes design of the innovation and second phase includes the implementation. Internal bench marking can be established to measure the innovation. Managers should focus on ones attention on innovation cause to be necessary to infer something from information received on the complexity.
Innovation is the driver that keeps companies moving forward with new and/or improved products and services. Innovation in one organization can push another to improve their due to competition thus providing an environment that continues to evolve. In other words once an opportunity has been recognized, a company must seize it (Kuratko, & Goldsby, 2012, p. 85). The intrepreneur and entrepreneur function similarly in the aspect that they push for new ways of making products, or improving process for a business's well being. Taco Bell, Zipcar, Dollar Shave Club and Kickstarter are great examples of innovation in the market today.