Innovation Management: The Quality and Quantity of the Idea Pool



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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.

The quantity and quality of the idea pool is important.

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.

Generating a large idea pool of quality ideas is actually not that difficult. There are numerous approaches:

a) One of the more useful definitions of creativity is that it is a large set of ideas, a large set of diverse ideas and large set of novel ideas. Focusing on each of these opens up various pathways.

b) Separating creative from critical thinking. Creative thinking is unrestricted, uninhibited, unrestrained, imaginative, carefree, rebellious, and revolutionary. Once a large set of ideas are generated, critical thinking can be used, which is focused, feasible, conservative and practical.

c) One of the more useful methods is simply to be prolific. Some of the most successful creations have been produced when the creator was being prolific. Being prolific trounces over the blocks that prevent output and quickly builds up competencies that are required for truly exceptional work.

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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A girlfriend of mine called me up this weekend looking for a DVD copy of an older piece of software. She was rebuilding a computer for a family member who had the product key but no installation media. I’m sure many of you have similar stories trying to fix or repair computers for your family and friends.

One of the nice things about using software online or “in the cloud” so to speak is that if your computer goes belly up and you need to rebuild it, the software will be there waiting for you, as soon as you can get computer back online.

For businesses, using online services can give you greater flexibility to pursue projects or try out ideas without having large upfront costs as well as providing  foundational IT infrastructure without investing in your own data center.

While a post I wrote a little while ago outlined the basics of traditional software licensing, I figured I should follow up with how to license software in the cloud since online software subscriptions are becoming more prevalent. This short video does a good job at laying things out – like why you’d want to consider using online services and some of the advantages and cost-savings of licensing software this way:

Microsoft has several online services: Microsoft Office 365, Microsoft Dynamics CRM Online, Windows Azure Platform, Windows Intune and others. Each service can be purchased through a volume licensing agreement or the Microsoft Online Subscription Program and then activated and managed managed through web portals:

One day I’d love there to just be one portal to manage all your online subscriptions (kind of like one ring to rule them all but much less evil) but consolidation takes time and so I make no promises but I trust this is the direction our Online Services folk are heading.

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