Creativity ≠ Innovation How Organizations Can Really Make Innovation Happen. Barbara Kivowitz Senior Partner im21 : innovation/measurement/21 st century [email protected] Innovation & Financial Performance. Performance in % Points. Innovation.
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in % Points
“The greater the amount of innovation, the greater the market
and financial performance”Soo, Devinney, Midgley & Deering (2002)
They buy solutions to problems
Creativity is thinking up new things.
Innovation is doing new things.
How many uses can you come up with for:
Creativity is the ability to modify self-imposed constraints.Barriers to Creative Thinking
During the space race in the 1960’s NASA was faced with a major problem. The astronauts needed a pen that would work in zero gravity. NASA spent $1.5 million developing the “Astronaut Pen.” It enjoyed minor commercial success back on Earth.
The Russians were faced with the same problem.
They used a pencil.
Can you help TiVo? constraints.
“Of all the core functions of most companies, innovation has the most competitive value —and is managed with the least discipline.”Booz Allen Hamilton
Mess has the most competitive value —and is managed with the least discipline.”
problem to solve
Put the plan
Complete Solution Set
Risk AnalysisCreative Problem Solving Process
Paint by has the most competitive value —and is managed with the least discipline.”
know HOW to do itImplement: Project Types
Eddie Obeng, All Change: Project Manager's Secret Handbook