Innovation Management ? Isolating Problems and Implementing Solutions

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.

Isolating problems and implementing solutions

The five stages above are separate and distinct, yet there is sometimes a feeling that there is more of an overlap than in fact there is:

a) Problem identification is just that. But it requires a wide variety of individuals to make good decisions. For example, end-users see problems differently from sales, who see problems differently from technicians and designers, who in turn see problems differently from sales and marketing, who see problems differently from finance and strategists, who see problems differently from warehouse managers etc.

b) Idea generation is also self-explanatory, but requires a wide range of diverse and novel people to truly arrive at good ideas. And then leaders have t be aware of organisational culture, structure, team structures and much more to optimise idea-generating sessions.

c) Idea selection, as above requires the a wide range of diverse and novel people and a good understanding of evaluation procedures, as this si really the first filter until this batch of ideas moves into development.

d) Development is often confused with the last stage, but is separate. It is where the ideas that will become development programmes are chosen. The Economist (2003b) states that 3000 bright ideas are needed for 100 worthwhile projects, which in turn will be winnowed down to four development programmes for new products. And four such development programmes are the minimum needed to stand any chance of getting one winner.

e) Commercialisation is the final stage. It includes marketing strategy, design, pricing strategies and so forth.

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/

In The News:


Architectural Record's Popular Innovation 2008 Conference Explores ...
MarketWatch - 2 hours ago
Innovations such as MIT Professor Daniel Nocera's photosynthesis approach -- using Cobalt, Co(III), as a catalyst and enabler for efficient energy storage ...

Open-source innovation in a recession
CNET News, CA - 8 hours ago
It chose Alfresco to power Business.gov in part to save money upfront, but also to enable flexible innovation over the life of the project. ...

Lee Enterprises Honors Excellence in News, Innovation and Spirit
MarketWatch - 5 hours ago
The innovation award recognizes an individual or team for creating or significantly advancing a print or online idea that drives revenue, builds audiences ...

Creators of Britain's Innovation Economy to Showcase the ...
MarketWatch - 10 hours ago
... Centre Director for SETsquared at the University of Bath, commented: "For any potential investor in the UK's innovation economy this is the event of the ...

UTEK Corporation Completes Acquisition of Social Technologies ...
MarketWatch - 16 hours ago
Together, I believe that we will be able to provide clients a one-stop solution for innovation that begins with a broad understanding of how the future ...
Utek closes acquisition of Social Technologies Group Bizjournals.com
Tampa's UTEK closes on Social Technologies Group buy TechJournal South
UTEK finalizes acquisition of Social Technologies Group - Quick Facts RTT News
all 22 news articles

Verizon to Increase Fees For SMS Delivery, Discourage Innovation
Public Knowledge Tech News and Comment, D.C. - 1 hour ago
... to make life even more difficult for SMS service providers like deepLocal, further discouraging innovation in the SMS services market in the process. ...

Can America Close the 'Innovation Gap?'
Sci-Tech Today - 8 hours ago
Judy Estrin, a serial entrepreneur and former chief technology officer of Cisco Systems (CSCO), believes America faces an innovation crisis. ...

Fashion Week: St. Louisans more attracted to trends than innovation
Vital VOICE, MO - 3 hours ago
By Tiffany Frye - Posted on October 10th, 2008 St. Louis Fashion Week kicked off on October 7 at the Contemporary Art Museum with Project: Design! ...

Innovation beacon in financial storm
Northern Colorado Business Report, CO - 5 hours ago
These are the beacons of innovation: financial businesses that resisted the temptation to take advantage of the gray area surrounding ethics and regulation. ...

Moral Hazards of Financial Innovation
Century Foundation, NY - 6 hours ago
A key lesson of the meltdown of 2008 is that financial innovation in itself carries the seeds of future crises. In the future, regulators must ask a ...
innovation - Google News

Putting Your Ideas Into Action

Ideas are everywhere. Some are small and seemingly insignificant. Others... Read More

Business Innovation ? Small Changes, Big Effects

Creativity can be defined as problem identification and idea generation... Read More

How An Idea Can Lift You

What determines your destiny? What predisposes your choices?It is your... Read More

Going Seamless: Dissolving the Brain Divide

Are you a right-brainer or a left-brainer?The greatest thinkers are... Read More

Creativity Management ? Theres Nothing New Under the Sun

Creativity can be defined as problem identification and idea generation... Read More

Starving for Intimacy

Some are seeking love in a bottle. Others look for... Read More

Use Your Intuition As a Valuable Tool for Change

Here's a subject that we don't normally think of when... Read More

Innovation

Innovation, in a business context, is generally thought of as... Read More

Choosing a Winning Business Idea

You've probably heard it a hundred times by now -... Read More

What Dreams Will Come!

As the pioneers of aviation took to the air (not... Read More

Managing Creativity and Innovation, Part 2 of 2

Leaders, consultants and managers must be competent in at least... Read More

Business Innovation ? Masks and Trance

Creativity can be defined as problem identification and idea generation... Read More

Business Innovation ? Confidence in People

Creativity can be defined as problem identification and idea generation... Read More

Howd They Do That?

"How'd they do that?" I asked myself time and time... Read More

Its A Quantum Thing

We don't need to understand quantum physics entirely in order... Read More

How To Do What You Dont Want To

Before I reveal it, shall we review some things that... Read More

Accelerate Your Learning

Although you may not currently be a student, learning is... Read More

Color Your Life

Have you ever arrived at place in your career and... Read More

Fire Evacuation Drill with a Difference

I had been given the task to organize a fire... Read More

Take Your Good Idea One Step Further

Whether you're an executive, manager, professional, or entrepreneur, you need... Read More

What to Do When You Are Chased by a Snake

I lived for several years on the Japanese island of... Read More

Creativity Management and Good Ideas

Some ideas occur in the office and others occur away... Read More

A Time for Rebellion!

When is it right for you to rebel against the... Read More

Humankinds Greatest Inventions

There are a number of amazing inventions that have been... Read More

Creativity and Innovation Management - Good Ideas Part 2

The relative ease of i) generating good ideas and ii)... Read More