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Importance of creativity and innovation to a business enterprise
An essay on innovation and creativity
Relationship of creativity and innovations essay
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In new venture creation, creativity and innovation should be ingrained in how the business operates. Creativity is not a gift of birth; it is a mixture of inherited talent, cultivated skill and knowing what to see at the right time. Creativity is the ability to see what’s there and not there differently, where innovation introduces an entirely new idea or method that stem from creativity. Creativity is the process of creating something new from the reflection of an existing solution. Creativity is the ability to view the same thing someone else is viewing or have viewed but formulating your own opinion or perspective. Creativity is a gift of sight that allows you to see beyond the first layer of an object and
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Disruptive innovation help entrepreneurs compete with industry giants by offering services to the basic consumer, while continually improving on their products. Eventually the new entrants can compete with the industry giants at an affordable price, but with fewer features. Demand from the industry giant can be transferred to the new innovation because it now attracts interested buyers. Brainswarming may be best in an environment where creative thinking is a part of the organization’s DNA. Instead of having a formal meeting to discuss ideas, team members can put their ideas in a neutral environment readily accessible to other team members who can continuously build upon them. Incorporating brainstorming or even brainswarming in business would help new ventures realize no matter what the size of your competitor is, there are still fallacies in business models. The business able to innovate past industry consolidation obstacles will hold the …show more content…
Hiring innovative people is wise only if you have the patience and tenacity to handle a truly diverse team. When dealing with creative individuals who desire to innovate, most of the time the standard rules most organizations adopt have to be forgone in favor of a free workplace. Innovator’s DNA has five skills that form the inherited DNA of the entrepreneur, which includes associating, observing, experimenting, questioning and networking. When you associate, you are looking for patterns. In observing, research by observing is the process of using your natural environment to make inferences regarding a specific situation or idea. In experimenting, the critical thinking process utilizes analytical and reasoning skills which take into consideration attention to detail and problem elements. When questioning, problem solving allows you to work through details to provide solutions to a problem. Nevertheless, Innovator’s DNA can assist in brainstorming when working on a team to come to a common consensus about a specific
...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).
Rather than just executing an idea, they need to think about everything that could go right or go wrong with the idea—and if it is already in existence, if they are making it better and more user
As the technology and business environment are constantly changing, organizations cannot avoid constant change and they have to learn how to cope with and take the advantage of creativity. Blomberg (2014), in her article described creativity in an organizational context as collaborative “psychosocial process that takes place in an organization and is affected by various contextual and organization factors”. Most of the research defined creativity in terms of outcomes. If we take the idea of organizational creativity connected with outcomes, it excludes failure criteria which has been explained in details in Blomberg article (2014). Nevertheless, the focus of this study is purely on legitimacy and storytelling in the context of startups and how one could achieve legitimacy through creative
The concept of brainstorming is one of the newest problem solving methods, and was first mentioned by Alex F. Osborn in 1953. Today, brainstorming is commonly used for advertising, the development of new products, process management, and business planning. It is an important tool that you will need to master if you want to be good at solving problems.
Understanding creativity is essential to understanding how biological decline of the brain impacts creativity as a cognitive ability. So how exactly does creativity work? Creativity is very abstract and it cannot be assessed physically, therefore psychologists have come up with models of how creativity works. One example is the creative cognition approach, which includes the Geneplore model of creative functioning (Finke et al., 1992). The main proposal was that many creative activities can be described as the first generation of ideas followed by an exploration of those ideas. These ideas are sometimes described as “pre-inventive” in the sense that they are either incomplete plans for some new product, tested solutions to difficult problems,
The need for college graduates with creativity skills is “changing how the workplace” is structured or managed and “what people do.” These “changes” are the “center” of interpreting the basis for ideas. The future of the company depends on “how well it acquires, interprets, and acts” on the given “information.” “Today the spread of information technologies is bringing about a sea of change in the business” environment (Goleman and Kaufman par 43). “Since creative problem-solving requires the psychological commitment of the whole person, the modern workplace must undergo vital changes” (Goleman and Kaufman 46). Creativity has been a major influence when dealing with these changes brought on by the innovative technologies and that is why we should have creativity studies to guide the transition. Also, for students to have these skills before they enter the workforce will benefit them on so many levels. They won’t have to spend more time learning these skills because they already have what the job
Innovators can use this advice on a daily basis. For a few moments every day spend some time in a quiet room. This room should be free from distractions where a person has the ability to focus on their thoughts. Some of the best ideas come from these times and it will be exciting to discover what the thoughts will develop into.
For example, Tesco have come up with an idea called: ‘ideas Storm’ which encourages staff to come up with challenging solutions to Tesco’s business problems. As every staff they employ will have come from a different background, they will see and view things in a different perspective, bringing in new ideas. This in turn creates more productivity allowing for continuous ideas to always be made that can help improve the
Creativity and innovation allows you to stay competitive and to think outside the box in a very imaginative and free flowing manner. In retrospect, there is an overabundance of strategies, procedures and tools that you can utilize to enhance your creative capacity. You have to be flexible in thought, opinion and decision making which naturally encourages outside the box thinking (Gelb,
MARTINS, E. & TERBLANCHE, F. 2003. Building organisational culture that stimulates creativity and innovation. European journal of innovation management, 6, 64-74.
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
Innovation has become a critical element for a business to be successful. More emphasis is placed on creativity as it is the core that drives innovation within a company. Businesses must provide a conducive work environment to produce and grow a creativity amongst its employees. We will discuss the five critical component to a creative work environment which include challenging work, organization encouragement, supervisor encouragement, work group encouragement, lack of organization impediments and freedom.
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).
As society grows and evolves, technological advancements and innovations continue to develop and consistently change different aspects of our society. For an organization, understanding how to manage these innovations is essential for their proper utilization and implementation. With technological advancements and innovations constantly emerging, it is important for an organization to stay aware of which new technological innovations can help them be successful. Organizations are always looking to set themselves apart from competition through innovation.
entrepreneurs have the ability to come up with new ideas in various situations of which one might have never imagined. Entrepreneurs have a curiosity that identifies overlooked niches and they are constantly trying to innovate (Robinson, 2014). They imagine another world and have the ability to communicate that vision effectively to investors, customers and staff.