|
|
| www.1001TopWords.com |
|
|
Innovation Management ? Time to Market or Time to Success?
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. Time to market or time to success? Even today Innovation Consultancies trumpet their ability to increase time to market as opposed to time to success: a) It is always possible to increase time to market ? one way is by not carrying out proper due diligence and thus increasing the likelihood of failure. b) Whilst there is never enough time available before pushing a product onto the market, there is always enough time to revisit what went wrong and fix problems. The cost of reengineering runs into the billions. c) Speed and cost are considerations but good decision-making should be priorities. d) Quick time to market does not guarantee profit. A strategy of time to profit makes more business sense. 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/
|
|
|
|
RELATED ARTICLES
Communicating with Offsite Workers How do you, or would you, communicate with employees who work offsite? The Email Trap If you sit at a computer for most of the day, it's tempting to constantly check your email to see what's new. But that's a time management disaster if you're trying to make progress in your business. Resist the temptation. Here are some tips to help you get that time eating monster under control. ISO 9001 What Records Does My Business Need To Keep? Which documents must I keep for ISO 9001? Managing People - No More Mr Tough Guy I believe the media and our culture sends the wrong messagesabout how to manage people and this makes it difficult forBusiness Owners and Managers. Be a Leader - The Importance of Going Home Early! How you run your business is, of course your business. A little focus from your end will dictate the way your people act and behave. So the onus is on you to show the way.Why does this matter?If you create a style of working within your organisation which is able to get the very best from your people, you will have a vibrant business, your people will develop beyond their (and even your) expectations and above all, you will enjoy your work and success more than ever before. Try these eleven quick and easy ideas:- ISO 9001, What Next? The overriding goal of ISO-14000. (History 1995) Bye-Bye Boring Meetings! Make Yours Remarkable! It's the middle of the night. You've woken up with a brilliant idea on how to improve the way your business product is delivered to your customers. You scribble it down and can't wait to share it with your co-workers during your morning meeting. Getting the Most from Appraisals Does your organisation have one of those annual 'occasions' that few look forward to: the annual appraisal or performance review? How do you look forward to it? I wonder how people talk about it before and after? Innovation Management ? Selecting Good Ideas 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. Twitch Speed: Reaching Younger Workers Who Think Differently Every parent, educator, and manager knows that "Nintendo children"--those born after 1970 and raised on video and computer games, Walkmans, the Internet, etc.--are different. Unfortunately, the Gen-X discussion has focused mainly on the youths' supposedly short attention spans and attention-deficit disorders, ignoring or underemphasizing what is perhaps the most crucial factor--that this under-30 generation thinks, and sees the world, in ways entirely different from their parents. Change or Die! To Change Your Organization, Hire a Business Coach It is a common business axiom ? change or die. As a small or mid-sized business owner or a manager, there will be times you will need to make changes in your organization but may not be sure how to go about it. Project Heroes Project heroes. We've all heard of them. Some of us have even seen them. A project is in jeopardy. This guy (or gal) comes out of nowhere, analyzes the situation, tells you exactly what the problem is, and then goes on to fix it before you can even update your project plan! Managing Workplace Conflicts Kinds of Workplace Conflicts Dealing with Difficult People You know, this would be a great business if it weren't for having to deal with people all the time? Problem-Solving Success Tip: Measure Measure. Rapport - How to Build it with Your Team I've often heard managers say - "My door is always open,come and talk to me anytime." Managing After Downsizing So, you survived the downsizing. Your company did something that will probably show minimal, if any, return -- and will make your job as a manager a living hell. Your life has changed dramatically. People on your staff are frightened, fearful that they may be next to go. They will lie low hoping that they can be spared the next swing of the ax. (You may be feeling the same thing as well.) Teamwork will decrease as people begin to view the person next to them as a threat to that increasingly scarce resource -- a job. What are Your Best Practices? Best Practices Studies What Every Manager Should Know About How to Enhance the Motivational Climate of the Workplace It has been well documented that employees' productivity and job quality increase when we are made to feel welcomed at work. In other words, when the motivational climate is enhanced to meet their needs they produce quality work at the 100% rate. Innovation Management ? how does the user benefit? Creativity can be defined as problem identification and idea generation whilst innovation can be defined as idea selection, development and commercialisation.
|
| © Athifea Distribution LLC - 2013 |
