creativity and innovation essay

words, they are able to leverage their creativity and their innovative capabilities to attain long-term success. Would you like to be one of those organizations? You can be. In fact, all companies can be more creative and innovative no matter what their expertise, product, or service. When you apply creativity and innovation to everything aspect of your business, you are able to stay ahead of a changing marketplace and the competition. WHAT IS CREATIVITY? Creativity is a function of knowledge, curiosity

• Resources - The two main resources that affect creativity are time and money. When it comes to a project, we must determine the funding, people and other resources that a team legitimately needs to complete the task. • Work-group Features–Group must work for common objectives of their group. There must be mutual understanding between group members. There must be predefined rules and regulations for every group member. There should be effective communication among every group member.(Wride, 2012)

Discuss the relationship between entrepreneurship, innovation and economic development. With the rapid development of a dynamic global economy, increasingly countries are seeking breakthroughs in their economic development. Stimulated by these ever-increasing competition pressures, exploitation of new ideas and businesses which provide great potential for economies to thrive, accordingly, is gaining widespread attention (Mansfield, 1972; Wong et al., 2005). In consequence, on a global scale, not

ever-diversifying global market, creativity has become imperative in empowering innovation within the market. The demand for creativity has increased, especially in the business market sphere and a need for managing creativity is evident. However, the coming together of management and creativity is believed to be “incompatible”, and “mutually destructive” by parties from both arts and management backgrounds (Howkins, 2002, p. 120). If management where a square, creativity would be a circle, and the two

Emma Whatton English 101 September 17, 15 Creativity in Education Conventional wisdom has it that concepts of creativity include art, dance, and literature; but, the core of creativity focuses on creating something new. The comprehension of creativity and its importance in education allows one to maintain better problem solving skills, remain innovative, and excel beyond the years of ordinary schooling (“Creativity and Education”). Cognitive psychologist Jean Piaget once said, “The principle

Creativity has become a buzzword. It is often mixed and used interchangeably with innovation. Therefore, many corporate leaders, managers and ordinary employees associate creativity with something sophisticated and complex, requiring a lot of effort and knowledge, and, therefore, difficult to pursue. Although creativity is a critical building block of innovation, it is not the same. Moreover, it is not something that corporate leaders should ignore or be scared to encourage. In today’s world, where

problems within the organization and as a result can develop a strategy. The following shows the 7S elements of Dialog. 7S Areas for improvement Justification Shared Values Yes No encouragement for ideas Strategy Yes Internal innovations (processes) should happen. Structure Yes Decision making should be easy & timely Style No Management leads rather than managing Staff Yes More coordination and team work required Skills Yes Idea generation should be developed as a skill Systems

hit a wall. [24]&[25] INNOVATION MATRIX [24] • Formal structure interface with Internal and External Business Environment - The internal and external business environment plays a significant role we have to adopt innovation according to changes which are happening in internal and external business environment. [20] The success-survival-growth of business completely depends of innovation with scenario analysis [19] & [20] • How Innovation can be successfully implemented in Organization:

be eliminated to use more valuable information. This brainstorming tool can be use for problem solving because it breaks down the problem to a simple problem in order to solve it. (Plattner, n.d) Scamper is a technique you can use to spark your creativity and help you overcome any challenge you may be facing. In essence, Scamper is a general-purpose checklist with idea-spurring questions, which is both easy to use and surprisingly powerful. The acronym Scamper provides the framework for asking various

commercialization. Although executive patronage is often necessary for radical innovation, such support is not always well directed. Senior executives are not necessarily more clairvoyant than other managers, and they sometimes place their bets on the wrong ponies. Nevertheless, research points to executive patronage as an important contributor to radical innovation. 6. Innovators are rewarded f. Creativity will not flourish in the absence of a reward system that encourages individuals