Creative problem solving works. If you really want to solve a problem, use creative problem solving. This will enable you to harness all those ideas hidden away in your head and in the heads of your team, customers and bosses. If you’re fed up with the same-old brainstorming approach. Try this instead. 1. Set the […]
Tag Archives | innovation
Kung Hey Fat Choy 恭禧發財- Happiness and Prosperity, in this year of the Monkey. On February 8th 2016, the Chinese year of the Monkey began. Every year is governed by a different animal (in a cycle of twelve) and each animal has different qualities and prospects. The Chinese horoscope tells us that these will have […]
Innovation is a vital ingredient in raising the productivity, competitiveness and growth potential of every organisation that wishes to survive in today’s fast moving economies. A key part of Innovation is the successful exploitation of new ideas. These can be ideas for products, services or processes. It includes both radical new ideas and incremental changes […]
Be more creative? Only arty people can do that. Right? Wrong! Anyone can be more creative Having worked with hundreds of people over many years, I have often been told this, but have yet to meet anyone who can’t be more creative! With the right support, tools and encouragement, anyone can be more creative. Your […]
UK Government pays 50% of the cost of using a Consultant!
I’m pleased to confirm that I have been approved to provide support under the new government grant ‘Growth Vouchers’. This will pay up to £2000 towards business advice, which you have to match. You can only use this with approved advisers. This is available to any small business with less than 50 employees and who has not paid for business advice in the past 3 years.
We all talk about the importance of Innovation; that you should focus on new ideas, new services, new markets etc. But, in our enthusiasm, often forget that the monetary benefits can take a long time to come to fruition. So should we, instead, focus all our efforts on conserving our existing business? In the current economic climate, it’s very easy to fall into the trap of focusing only on short term survival. Sure, for some of us, this IS the only option. But without investment in the future, in your next great product or service, there will come a moment when there is no more business, because the rest of the market has moved on.
We humans often think of ourselves as superior beings; the only beings capable of rational thought and invention. So I was intrigued to read in Times recently that far from being bird brains, crows are actually quite bright.
Successful innovators know that not all new ideas will work first time, or even at all. They allow for failure and manage ideas in a way that doesn’t have a serious impact on their day-to-day business. I always remember what a director of a very innovative technology company said to me once. ‘If you aren’t […]
Most small businesses are very good at what they do, but often don’t have all the skills necessary to implement a great idea. Successful innovators don’t let this put them off, and are not afraid to collaborate with other companies that do have those skills. They also know that exchanging ideas with businesses in other […]
Now you may be thinking ‘hey, innovation is a creative process, surely it should be free and open?’ But ideas need managing, assessing and reducing to the best ideas. Some of them will appear, at first glance, to be completely inappropriate. But without an objective process, you may miss the best . Successful Innovators know […]
Successful innovators know that great ideas don’t just come from R&D departments, but from people working on the ‘front-line’, customers, suppliers, even competitors. These are the people who are likely to know what the problems really are. They also know that the more ideas there are, the more likely one of them will be great. […]
It’s amazing how self deluded inventors can be! Which is really sad…
In a very rash moment yesterday, I have decided to post a new idea every working day on twitter until I reach 101.
Are you stuck for ideas to take your business forward?
Next time you have a meeting why not spend 10 minutes of thinking creatively at the start? Ask this question: what are the most unlikely ways you could use a…..
Big companies generally have more resources for Innovation, but smaller companies can still learn from what they do. Here are some ideas from the most Innovative, based on a recent BCG (Boston Consulting Group) survey of 1,070 senior executives to find the worlds most Innovative companies.
Developing a new product, service or process can be a difficult and complex undertaking. If you have not had experience of implementing a new idea before, you may lack the skills and experience to plan and manage the project effectively. You need to evaluate, in detail, how sound your preparation is, what resources you need and […]
You have probably experienced conventional brainstorming before, where someone stands in front of a flip chart and write up ideas one at a time. This person will usually only write up the ideas they like and understand. About 4 hours later, you have maybe 50 ideas. Would you like a way to generate more ideas, […]
Developing and Implementing Ideas According to independent reports, you are more than 3 times as likely to be a successful business if you have new ideas. As a recent government report on Innovation states, without new ideas, companies in the UK will be unable to compete successfully against new products and services developing economies are […]
“Business innovation is a vital ingredient in raising the productivity, competitiveness and growth potential of modern economies.” Business innovation is a key element to entrepreneurship and anyone who aspires to be either an entrepreneur (external entrepreneurship) or an intrapreneur (internal entrepreneurship). Essentially, Innovation is the successful exploitation of new good business ideas. These can be […]
Business innovation is a vital ingredient in raising the productivity, competitiveness and growth potential of modern economies. Essentially, Innovation is the successful exploitation of new ideas. These can be ideas for products, services or processes. It includes both radical new ideas and incremental changes to existing ones. All businesses can, and should, innovate.
Earlier this year I was interviewed by Caroline Eveleigh at Anatec Software and Systems. Caroline is an avid blogger on performance management amonst other things, and she asked me how you could measure Innovation.