Making Innovation your Business By  Marlon Parker
Agenda <ul><li>What is Innovation? </li></ul><ul><li>Creativity </li></ul><ul><li>Characteristics of an Innovator </li></u...
Innovation <ul><li>An innovation means a new way of doing something. It may refer to incremental, radical, and revolutiona...
Innovation Equation   <ul><li>Innovation = Creativity * Risk Taking   </li></ul>
Innovation Lifecycle
Creativity <ul><li>“ A  mental  and  social process  involving the generation of new  ideas or concepts , or new associati...
Characteristics of an Innovator <ul><li>Many ideas (many bad) </li></ul><ul><li>Able to build/expand on what is available ...
What an innovative idea can do for your business <ul><li>Economic difficulty can inspire extraordinary innovation.  </li><...
Where do I begin? <ul><li>Give yourself permission to think up many ideas.  </li></ul><ul><li>Keep chewing on the problem....
Thank You www.marlonparker.co.za [email_address] Marlon Parker @ marlonparker marlonct +2721 469 1138   +2776 4034920
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Making Innovation Your Business

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Making Innovation Your Business

  1. 1. Making Innovation your Business By Marlon Parker
  2. 2. Agenda <ul><li>What is Innovation? </li></ul><ul><li>Creativity </li></ul><ul><li>Characteristics of an Innovator </li></ul><ul><li>What an innovative idea can do for your business </li></ul><ul><li>Where do I begin? </li></ul>
  3. 3. Innovation <ul><li>An innovation means a new way of doing something. It may refer to incremental, radical, and revolutionary changes in thinking, products, processes, or organizations. </li></ul>
  4. 4. Innovation Equation <ul><li>Innovation = Creativity * Risk Taking </li></ul>
  5. 5. Innovation Lifecycle
  6. 6. Creativity <ul><li>“ A mental and social process involving the generation of new ideas or concepts , or new associations of the creative mind between existing ideas or concepts” </li></ul><ul><li>“ Creativity by individuals and teams is a starting point for innovation ; the first is a necessary but not sufficient condition for the second” </li></ul>
  7. 7. Characteristics of an Innovator <ul><li>Many ideas (many bad) </li></ul><ul><li>Able to build/expand on what is available </li></ul><ul><li>Willing to take risks </li></ul><ul><li>Collaborator </li></ul><ul><li>Able to see things through </li></ul>
  8. 8. What an innovative idea can do for your business <ul><li>Economic difficulty can inspire extraordinary innovation. </li></ul><ul><li>Innovation could lead to increased productivity </li></ul><ul><li>New products and services </li></ul><ul><li>Improved quality </li></ul><ul><li>Extension of the product range </li></ul><ul><li>Reduced labour costs </li></ul>
  9. 9. Where do I begin? <ul><li>Give yourself permission to think up many ideas. </li></ul><ul><li>Keep chewing on the problem. </li></ul><ul><li>Build on ideas that came before. </li></ul><ul><li>Put yourself in environment that will use different parts of your brain </li></ul>
  10. 10. Thank You www.marlonparker.co.za [email_address] Marlon Parker @ marlonparker marlonct +2721 469 1138 +2776 4034920

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