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Showing posts with label innovation. Show all posts
Showing posts with label innovation. Show all posts

Monday, November 9, 2009

Too Busy To Be Innovative and Creative!

Years ago we began to see the words “creativity” and “innovation” appearing throughout business research, articles, and books. We have witnessed how fast that even a huge corporation can go out of business without creative strategic planning. Look at Blockbuster. Consider Tower Records. Think about the future fate of bookstores as more and more people are into downloading their books. On-line education is becoming ever more popular which may soon even impact our K-12 schools. Cell phones, computers, and cars are continuously being improved upon. The list goes on and on. Companies must not only HAVE great ideas these days, but must be faster than everyone else in implementing the ideas. Yet all too many businesses are struggling to get on this creative and innovative bandwagon.
Our economic problems have made creativity and innovation all the more challenging. Businesses are cutting back everywhere and employees are over-worked. Perks have been taken away. Incentives have been put on hold. There is little or no time for training or conferences or extra time off.
The problem here is that we are now too busy to think. A hectic environment, with “to do” lists several pages long is counterproductive to creativity and innovation. Stress also zaps creative energy. Creativity doesn’t just happen. It requires time, freedom, a break from routine, and a continuous exchanging of ideas.
I recently attended a conference for which I had to travel away from my office for a week. As usual, I came back from the conference filled with great ideas. I actually had time to think while I was away. Everyone I talked to at this conference felt the same way; that is, they always leave conferences or training programs ready to implement something new. But then the inevitable begins to happen. No time to think. There is so much work to be done that those new ideas begin to take a back burner, and, if you aren’t careful, will be forgotten. Keeping those new ideas moving forward takes concerted but worthwhile effort.
What’s the answer here? Simple. Setting aside time for creative thought should be viewed as a method to improve business rather than as a couple of hours wherein work is not being done. Brainstorming sessions are NOT a waste of time. I like to take every idea that is tossed out and, rather than thinking why it can’t be done, think through how it COULD be done. Set aside negative thinking and let imaginations prevail. Put together cross-functional teams, from all levels of the organization, and have them come up with a solution to a problem and a workable implementation plan. Monitor and encourage progress. Set up systems that foster the exchange of ideas.
You might think that you and the rest of your team just don’t have the luxury of extra time to be creative. But think again. It may actually be that you don’t have the luxury of NOT taking time to think. The economy will eventually begin to bounce back. If your business is going to be one that participates in the expansion, now might be a good time to allow creativity and innovation to become a normal part of your organizational culture. Put together an innovation team and let the ideas flow.

Friday, August 14, 2009

Speaking of Innovation!

What’s all this talk about innovation?

Is YOUR company innovative? We hear more and more about this topic because today the world changes more in a year than it used to change in 50 years. Technology, medical advances, communication, science and other areas are developing at exponential rates. It used to be that being creative and innovative helped your business stand out from the rest. Now it is the difference between surviving or getting run over.

Given our poor economy, many businesses prefer to look for quick solutions, low risk solutions, or the “low hanging fruit.” Leaders become risk averse. I read a great book related to this topic, “Blue Ocean Strategy” by Kim and Mauborgne. The authors contend that too many industries compete in over-crowded territory. The key is to find uncontested market space and make the competition irrelevant. Think about all the huge corporations today that didn’t even exist 20 years ago. Cell phones, social networking, Ipods, and a long list of other once innovative thoughts have changed the way we live and communicate. Innovation is about seeing the opportunities in a problem rather than just the obstacles. Are bookstores going out of business? Not if they think outside the box, find opportunities, and change the way they do business. “We’ve always done it this way” just doesn’t cut it anymore.

What's your strategy and goal for your business, school or association over the next 3 to five years? How do you want to be positioned in the marketplace? Are you paying attention to the trends in your industry, the met and unmet needs in your customer base?

Begin by encouraging new ideas and thoughts from all employees; then act on the best of those ideas. Hold a brainstorming session, evaluate the ideas, then put plans in place to turn the best ideas into action.

You can find Blue Ocean Strategy on www.amazon.com.