Innovation Management some idea are better than others
Business Articles | May 7, 2005
One of the useful methods of valuing ideas is to compare the type of idea with those types of ideas that have previously been most successful,Coach Outlet.
Creativity can be defined as problem identification and idea generation whilst innovation can be defined as idea selection,Coach Outlet, development and commercialisation.
There are distinct processes that enhance problem identification and idea generation and, similarly,http://www.coachfactoryoutletspeed.com/, distinct processes that enhance idea selection,Coach Factory Online, development and commercialisation,Coach Factory Online. 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,http://www.coachfactoryoutletonsale.org/.
One of the useful methods of valuing ideas is to compare the type of idea with those types of ideas that have previously been most successful,http://www.louisvuittonoutletcool.com/.
Franklin (2003) notes that some kinds of ideas are more successful than others. He notes six types:
a) Need spotting involves actively finding an answer to a problem.
b) Solution spotting involves finding a problem for a solution.
c) Market Research ideas generated as a result of market research,Coach Factory Outlet,Jordan 5 Retro Cheap Foamposites 52025 yDLzh 5206 asyjv.
d)Random event moments of serendipity when people stumble across answers they weren’t looking for.
e) Mental invention pure random ideas with no previous knowledge of how they may be implemented,Coach Outlet,Jordan 5 Jordan 5 Grape education 89772 qN5mr 8162 pfkgx.
f)Trend following.
Of these,Coach Factory Outlet,Grape 5s Jordan Retro 5 Grape The Proper Etiquette, the random event was the most successful (92,Louis Vuitton Outlet.9%) with least failures (7.1%). However, this type of idea requires previous knowledge or experience on some level for example, an individual who has worked in an environment previously may utilise that tacit knowledge to solve a problem that becomes evident later.
Very close to the above is solution spotting with an 87.5% success and a 12,Coach Factory Online.5% failure rate. Again,Burberry Outlet, this idea type requires previous knowledge: the innovator consciously seeks a problem to apply that knowledge to,Burberry Sale.
These topics are covered in depth in the MBA dissertation on Managing Creativity &,Coach Outlet Online; Innovation, which can be purchased (along with a Creativity and Innovation DIY Audit, Good Idea Generator Software and Power Point Presentation) from http://www,Louis Vuitton.managing-creativity,http://www.coachfactoryonline2013.info/.com,http://www.burberry2013outlet.org/. You can also receive a regular, free newsletter by entering your email address at this site.
Kal Bishop, MBA
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