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INNOVATION PROCESS

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INNOVATION PROCESS By Elisante Ole Gabriel (Tanzania) egabriel_at_edenconsult.net, www.olegabriel.com +255-784-455-499 INNOVATION and the ENTREPRENEUR Innovation is the ... – PowerPoint PPT presentation

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Title: INNOVATION PROCESS


1
INNOVATION PROCESS
  • By
  • Elisante Ole Gabriel (Tanzania)
  • egabriel_at_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
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