Innovation 101 - Ideas for Entrepreneurial Thinkers
by Andrew Ballenthin on Jan 24, 2011
- 1,257 views
Many professionals and entrepreneurs fail to innovate despite being highly creative. Most of the time these people have great vision, compelling ideas, and an abundance of energy for launching new ...
Many professionals and entrepreneurs fail to innovate despite being highly creative. Most of the time these people have great vision, compelling ideas, and an abundance of energy for launching new opportunities. However, creativity and ideation are not equal to innovation.
True innovation usually fails to occur because people attempt to create a new idea within the limits of their current information and experience. The solution is to work with strategic frameworks that offer challenging questions, introduce new data, and apply a methodology that synthesizes the innovation process into "bullet-proof" actionable activities.
The following work-through is a mini-exercise in starting to use strategic frameworks for creating informed innovation. Three (3) of the models for Blue Ocean Strategy have been modified for those who want to apply slightly broader business overviews that address a few more business challenges that are part of a wholistic innovation process.
Innovation 101 - Ideas for Entrepreneurial Thinkers is just a starting point. There are a wide variety of approaches for achieving innovation; the objective of this framework is to assist a beginner with putting their foot in the water of challenging topics that can take years to master. Please feel free to leave your comments on this brief work-through and share your own innovation exercise in the comment section below.
- Total Views
- Views on SlideShare
- Embed Views