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Creativity and Innovation

  1. Creativity and Innovation in Technoprenuership Sharifah Nur Syahidah binti Sayed Abu Bakar Siti Amirah binti Khirrudin
  2. What is Creativity?
  3. • (Lotherington,2008) the merging of ideas which have not been merged before. • (Dorf and Byers, 2005) The ability to use the imagination to develop new ideas, new things or new solutions • (Matherly & Goldsmith, 1985) the generation of ideas that result in improved efficiency or effectiveness of a system. • (May, 1975) the process of bringing something new into being.
  4. What is Innovation?
  5. • (Howell & Higgins, 1990) The process by which entrepreneurs convert opportunities into marketable ideas. • (Drucker, 1985) The specific instrument of entrepreneurs, the means by which they exploit change as an opportunity for a different business or a different service. • Luecke and Katz (2003) Innovation is the embodiment, combination, or synthesis of knowledge in original, relevant, valued new products, processes, or services.
  6. Innovation And Creativity All innovation begins with creative ideas. Innovation is defined as the successful implementation of creative ideas. Creativity by individuals and teams is a starting point for innovation.
  7. Innovation VS Creativity Creativity Innovation Coming up with ideas Bringing the ideas to life Displayed by Occurs in the individuals organizational and social context.
  8. Basic Type Of Innovation • INVENTION : Totally new product , service or process. • EXTENSION : New use or different application of an already existing product, service or process. • DUPLICATION : Creative replication of an existing concept. • SYNTHESIS : Combination of existing concepts and factors into a new formulation or use.
  9. Types of Innovation Supply Chain Services Business Model Product Marketing Type of Innovation Substantial Organizational Financial Process
  10. Product Innovation Involves the introduction of a new good or service that is new or substantially improved. Might include improvements in functional characteristics, technical abilities, ease of use, or any other dimension.
  11. History of mobile phone
  12. Business Model Innovation A method of doing business by which a company can generate revenue to sustain itself Informal and formal models that are used by enterprises to represent various aspects of business Involves changing the way business is done in terms of creating values.
  13. Eg: Amazon.com
  14. Marketing Innovation Development of new marketing methods with improvement in product design and packaging, product promotion or pricing
  15. Creativity Innovation Can be found both in manufacturing and service firms since they can, particularly obviously at present, provide services to customers.
  16. Process Innovation Involves the implementation of a new or significantly improved production or delivery method.
  17. Process for Creative Solutions Process Stage Steps Objective Finding (identify the goal, wish or challenge) Fact Finding (gather the relevant data) Explore the Challenge Problem Finding (clarify the problems that need to be solved in order to achieve the goal) Idea Finding (generate ideas to solve the Generate Ideas identified problem) Solution Finding (move from idea to Prepare for Action implementable solution) Acceptance Finding (plan for action)
  18. Creativity Technique  PROBLEM REVERSAL.  FORCED ANALOGY.  ATTRIBUTE LISTING  MIND MAPPING  BRAINSTORMING  LATERAL THINKING
  19. How to promote Creativity and Innovation in Business manegement • Through education and training • Get away from the office routinely as a team. • Have a brainstorming session with open-ended questions. • Reward new ideas/Recognize new thoughts/Celebrate success • Encourage thinking time. • Remove obstacles to innovative thought • Be accessible. • Welcome diversity of thoughts and opinions, even if they are different than yours.
  20. Block to Creativity and Innovation • Mindset • Personal Blocks to Creativity • Organizational Block Creativity
  21. ANY QUESTION?
  22. THE END THANK YOU !
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