innovation and creativity (1).pptx

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    Group member

    Swati rathore

    Archana yadav

    Alok pandey

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    Creativity-the ability to transcend traditionalideas, rules, patterns, relationships, or the like,and to create meaningful new ideas, forms,methods, interpretations, etc.; originality,

    progressiveness, or imagination.

    Innovation- something new or differentintroduced

    Innovation is the creation of better or moreeffective products, processes, technologies, orideas that are accepted by markets,governments, and society.

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    Innovation is a process of taking new

    ideas to satisfied customers. It is the

    conversion of new knowledge into new

    products and services.

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    There are several types of innovation

    Process, product/service, strategy,

    which can vary in degree of newness:

    Incremental to radical,and impact:

    continuous to discontinuous

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    20%

    80%

    Companies say it is important...

    Find innovation

    unimportant

    Find innovation

    important to their

    business

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    Suppliers

    Employees

    Management

    Distribution

    Channels

    GovernmentRegulations

    Maverick

    Competitors

    Customers

    Technology

    Economy

    RapidlyChanging

    Environment

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    Ideas are fragile.

    Ideas are organic.

    All ideas have value and should be given ahearing.

    The originator of an idea needs assistance inidea enhancement and in promoting the ideainternally.

    The originator is the initial advocate of anidea and should be actively involved in itsdevelopment.

    Only ideas which have been enhanced todemonstrate potential value will be broughtto management.

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    The Innovation process can be depicted asa series of funnels each gettingprogressively smaller.

    Typically sixty ideas into the top funnelonly produces just one innovation.

    The funnels are labeled as the four phasesin the process - idea generation, idea

    screening, feasibility and implementation

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    Financial backing to innovation

    Give opportunities to employees

    Skillful recruitment policy Information from outside the organization

    Target being set for innovation

    Employees should be rewarded

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    Creativity is the act of turning new and imaginative

    ideas into reality. Creativity involves two processes:thinking, then producing. If you have ideas, but dont

    act on them, you are imaginative but not creative.

    "Creativity is the quality that you bring to the activity

    you are doing. It is an attitude, an inner approach how you look at things.

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    Creative thinking represents acombination of logic and intuitiveapproaches

    Being creative means dealing with theaspects and possibilities of today and

    tomorrowThat requires a person to be open to

    everything new, do not stick to things thatwe are all used to, do not adhere toyesterday so much

    Creativity does not mean dreaming, it meansproductive managing of specific tasks.Only a creative approach to the problem

    solution can be successful.

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    Orientation: Need identification, intentionto create

    Preparation: Information collection,problem formulation

    Incubation: seeking solution, evaluation ofvariants, unconscious thinking

    Illumination : synthesis, creation of ideasRealization: transformation of the idea into

    realityVerification: evaluation, learning,

    improvement

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    Creative people can be said to have:

    A particular Style

    Originality

    Competence

    Experience

    Determination

    Flexibility

    Positive outlook

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    Organizations based on

    continuous

    development, on

    systematic research ofefficiency

    Successful organizations

    High rate of

    innovations

    Few innovations, just

    imitationsLow rate of

    innovations, sometimesradical, based on

    entrepreneurial spirit of

    individuals

    Organizational

    Creativity

    High

    Low

    Individual Creativity High

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    Creativity is a core competency for leaders and

    managers and one of the best ways to set yourcompany apart from the competition.

    Corporate Creativity is characterized by the ability

    to perceive the world in new ways, to find hidden

    patterns, to make connections between seemingly

    unrelated phenomena, and to generate solutions.

    Generating fresh solutions to problems, and the

    ability to create new products, processes or

    services for a changing market, are part of the

    intellectual capital that give a company its

    competitive edge.

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    Survival

    Climate: - Challenge, Freedom,Conflicts, Debates, Risk-taking.

    Grow or Improve

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