Innovation Management – Raw brainpower versus experience



Learn Management Articles on management-info.biz. Innovation Management – Raw brainpower versus experience article will help answer your questions on Management Articles.We at management-info.biz specialize in Management Articles. Management Articles at management-info.biz provides the most up to date news and articles. If you have questions please do not hesitate to contact us.

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.

Raw brainpower versus experience

The best problem identification, idea generation and idea selection requires a intellectual cross pollination. That means, at least:

a) A large number of people.

b) Large diversity of people.

c) Large novelty of people.

There are of course other classifications, and one of the most interesting is:

a) Those with raw brainpower. A team of hot shot Ivy League MBA’s is great, especially for the raw number crunching and analysis that needs to take place to arrive at good decisions.

b) Those with experience. Can fresh faced Ivy League MBA’s compete with the non-graduate with twenty years experience? Probably not. In those twenty years an incredible amount of tacit knowledge has been built up.

But the answer is not one or the other. The answer is that teams of both will produce better results. The key is collaboration and intellectual cross-pollination, not competition.

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.



Restaurant Templates And Forms. - Restaurant management forms, restaurant software, business plan templates, marketing & promotions to help grow your profit.
500+ Healthy Chinese Recipes Cookbook. - Learn How to Cook Low Fat & Low Carb Chinese Food from Master Chef w/ 40 years of cooking experience! Affiliates Earn 55%


Article Index: | 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15 | 16 | 17 | 18 | 19 | 20 | 21 | 22 | 23 | 24 | 25 | 26 | 27 | 28 | 29 | 30 | 31 | 32 | 33 | 34 | 35 | 36 | 37 | 38 | 39 | 40 | 41 | 42 | 43 | 44 | 45 | 46 | 47 | 48 | 49 | 50 | 51 | 52 | 53 | 54 | 55 | 56 | 57 | 58 | 59 | 60 | 61 | 62 | 63 | 64 | 65 | 66 | 67 | 68 | 69 | 70 | 71 | 72 | 73 | 74 | 75 | 76 | 77 | 78 | 79 | 80 | 81


More Articles:


1. Rescuing Projects in Crisis
A project is in serious trouble having overrun its budget, and deliveries are far behind schedule. The previous project manager has been fired, team morale is low, sponsors are hopping mad, and senior management is fuming. You are brought in to take over the project and turn it around. What should you do? Well, before getting into the thick of action, consider the following reasons why projects generally run into trouble: 1: Insufficient commitment from project sponsors. 2: Unclear requirements…
Free Online Flash Games

2. Using Lead Generation Services By Leon Chaddock
Lead generation is a great thing. If you are a independent contractor or you are a sales maker in your business, you need a good source of leads that you can count on. But, let’s face the facts here. You only know so many people and once you tap into all of them, you are going to need some help in finding opportunities for getting additional leads. Even the best of sales people need some help with lead generation sometimes.But, how do you find the right lead generation services out there? …

3. Lack of Operations Manuals Stunting Your Growth? By Mike Hayden
Lack of Operations Manuals stunting your growth?CONTENTS:1. Do you lack functional Operations Manuals? 2. Use a SYSTEM to write your Operations Manuals! 3. Yes, but my people just don't/won't write stuff down! 4. But people WILL write stuff down - if ... 5. Call to Action.1. Do you lack functional Operations Manuals?Great businesses depend on systems, not people.That's because you can duplicate systems, but not people.If your business can't duplicate salable results, it won't survive. Duplica…

4. Coaching Champions at Work By Frank Salisbury
I saw Brian Kerr (the Irish national football coach) on television not so long ago and it reminded me of a platform I shared with him at a Banking Institute seminar in Dublin. Whilst I was waiting for my turn I listened to Brian and experienced two emotions – admiration and jealousy. Firstly I admired what Brian had already achieved at under 21 level and the passion with which he expressed his love of the game. Secondly I was jealous at the way in which coaching in the sports world is readily …