1 / 22

INNOVATION PROCESS

INNOVATION PROCESS. By Elisante Ole Gabriel (Tanzania) egabriel@edenconsult.net, www.olegabriel.com +255-784-455-499. INNOVATION and the ENTREPRENEUR. Innovation is the specific function of entrepreneurship Is the means to create new wealth

xanthus
Download Presentation

INNOVATION PROCESS

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. INNOVATION PROCESS By Elisante Ole Gabriel (Tanzania) egabriel@edenconsult.net, www.olegabriel.com +255-784-455-499

  2. INNOVATION and the ENTREPRENEUR • Innovation is the specific function of entrepreneurship • Is the means to create new wealth • Is the process to convert opportunities into marketable ideas • Is the vision to create a good idea and the perseverance and dedication to remain with the concept through implementation.

  3. INNOVATION and the ENTREPRENEUR • Entrepreneurs blend imaginative and creative thinking with a systematic, logical process ability. • They develop ability to see, recognize and develop opportunities. • There key questions need to be addressed Questions include:

  4. INNOVATION and the ENTREPRENEUR • What is the problem? • Whom does it affect? • How does it affect? • What costs are involved? • Can it be solved? • Would the marketplace pay for a solution?

  5. Role of Creativity • Is the generation of ideas that result in the improved efficiency of a system. • Two aspects:-process and – people • Process (goal oriented) • People (resources that determine the solution)

  6. Problem Solving Approaches/Adaptor • Solving rather than finding problem • Attempts to refine current practices • Tends to be means oriented • Sensitive to group cohesion and cooperation • Precise methodical approach • Employees are disciplined

  7. Problem Solving Approaches/Innovator • Discovers problems and avenues of solutions • Questions basic assumptions related to current practices • Little regard for means- more interested in ends • Little tolerance for routine work • No need for consensus

  8. Nature of the Creative Process • Creativity is a process that can developed and improved • Creativity is not some mysterious and rare talent reserved for few • The creative process involves seeing relationship between things that others have not seen

  9. Background of Knowledge Accumulation • Read in a variety of field • Join professional groups and associations • Attend professional meetings and seminars • Travel to new places • Talk to people about your subject • Develop a subject library for future reference • Pursue your natural curiosity

  10. Incubation Process • Engage in routine or mindless activities • Exercise regularly • Play (sport, game, puzzle) • Think about the project or problem before falling asleep • Meditate and or self hypnosis • Sit back and relax on a regular basis

  11. Idea Experience • Day dream and fantasize about your project • Practice your hobbies • Working in leisurely enrolment • Keep a notebook to record late night or early morning ideas • Take break while working

  12. Evaluation and Implementation • Increase your energy level with proper exercise, diet and rest • Educate yourself in the business planning, process and all facets of business • Test your ideas with knowledgeable people • Take notice of your intuitive ideas and feelings • Seek advice from others…

  13. The creative thinking process • Incubation • Knowledge Acc Creative Ideas process Evaluation and implementation

  14. Characteristics of Creative People • Bright but not necessarily brilliant • Good at generating a high degree of different ideas in short period of time • Have positive image of themselves • Sensitive to the world around them • Able to withhold a decision to a problem till sufficient facts are collected • Motivated by challenging problems

  15. Characteristics of Creative People • Value their independence and no need for group approval • Lead a rich imagination • Flexible and not rigid or dogmatic • Concerned with meanings and implications of a problem.

  16. The Creative Climate • A trustful management that does not over control the personnel • Open channels of communication among all members of the business • Considerable contract and communication with outsiders • Large variety of personality types • Willingness to accept change

  17. The Creative Climate • Enjoyment in experimenting with new ideas • Little fear of negative consequences for making mistakes • Selection and promotion of employees based on merit • Use techniques that encourage ideas • Sufficient financial, managerial, human and time resources for achieving goals

  18. Innovative Process • Successful innovators: • Look at figures • Look at people • Analytically workout what the innovation has to be to satisfy the opportunity • Look at potential users of the product to study their expectations, values and ideas • Create new customers and new markets

  19. Types of Innovation • Invention • Extension • Duplication • Synthesis (combination of existing concepts and factors into a new formation)

  20. Principles of Innovation • Be action oriented • Make the product, process or service customer-based • Make product, process, or service simple and understandable • Start small • Aim high • Try-test-revise

  21. Principles of Innovation Finally • Learn from failure • Follow a milestone schedule • Reward heroic activity • Work, work, work.

  22. THE END Thank you for you Attention

More Related