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Informative Articles

Blueprint for Change
A Blueprint for Change: Just when things seem working well, you have to do more with less, faster, cheaper and better. Change can be viewed as either an opportunity or a threat. Unfortunately, most organizations undergo significant change when...

Caveman Design....Evolving your products and services
This weekend I was on a working vacation on the great island of Jamaica. I was on the island with a client who was testing a new version of his security product at an outdoor concert venue in Montego Bay. As I soaked up the beautiful rays of...

How To Find New Ideas For Your Business
New ideas are the lifeblood of any business so it is important to encourage creativity and to be truly innovative. But creativity and innovation are not the same. Creativity is all about coming up with new ideas, whereas innovation involves...

The Top 10 Strategies for the Positioning of Success
Many businesses of today are often driven to compete striclty on price, quality, and features of their products and services. Companies who prosper over the long term don't simply offer the best deals, the best quality, or the most impressive...

Words Alone Can’t Explain This Stock Market
Last week, I read that the folks at Oxford English Dictionary had a slate of American English words for consideration in future editions. Apparently, because of its international influence via the entertainment industry, America is the prime...

 
Innovation Management – changing the world!

However, all too often the concept of innovation is intricately linked with radical change. In fact, the opposite is true:

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

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.

However, all too often the concept of innovation is intricately linked with radical change. In fact, the opposite is true:

a) Most successful innovations take advantage of existing technology, are moderately new to market (not radically new), support existing behaviours, support customer needs and save money.

b) Radical innovation is the result of incremental change. Small changes can have radical effects and when considered over time, cause radical shifts. An example of this is looking at an old photo – very minute changes make big differences over long periods. An examination of any artists work will show incremental changes for periods before new knowledge or other inputs lead to radical shifts, which are then experimented with

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incrementally for periods.

c) Radical innovations are actually the result of invisible periods of incremental change and previous periods of radical change. The Internet resulted from the connectivity of the PC, which developed out of the mainframe, which owes its existence to the solid state transistor, which evolved from the earliest cathode ray tubes and so forth.

These 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.

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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.

ABOUT THE AUTHOR
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.