Creativity, Innovation and Entrepreneurship

Creativity,Innovation and Entrepreneurship

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Technologicaladvancementis theapplicationof newprocessesandmethodsto executetasksin a firm usingvarioustoolslike computersandsoftware applications.Innovationinvolvesintroducingnon-existing ideasin an organizationthat can be usedon their ownoralongside otheralreadyinstitutedproceduresto achievetheobjectives.Itcan eitherbe quantum orincremental. Thequantum ideachangesthewholesystema venture,forexample,changeto the use of personalcomputerswhileincremental changestheoperatingsystems.Agoodexampleis thechangein microprocessor in Intel devices.Technology actsas thedriving forceforinnovationsince itis theplatformthaton which innovationisbased.Improvedtechnology makesthegroundfertileforinnovationto thrive(Jones, 2013).

Innovationandcreativity are two closelyrelatedterms.Creativity is thecombinationtheexistingideasto addresschallengesandto makean effortto trend beyond thelimitationsof an organizationin termsof resourcesorideas.Itinvolvesintroducingnewideasto addressachallenge.Through thismethod,gapsare easilyidentifiedemanating from theshortcomingsof the existingknowledge.Astheadagegoesthatnecessityis themotherof invention,theidentifiedhiatuscallsfortheforging of newmethods.Theprocessbringstogetherkeyplayersin an organizationincludingresearchers, managers,anddirectors.Forthestatusquo to improve,a considerableinvestmentin researchandtechnology is inevitable.Entrepreneurship, therefore,becomesa criticalinjectionto thetwo instigators of a paradigmshiftin an organization’soperation(Jones, 2013).

Tosupportcreativity andinnovation,managersmust developa viable processto enhancea cultureof continuousadoptionof bettermethodsof operation.One of thepreferredstrategiesis to initiatea projectmanagementteam.Thegrouphelpsin outliningtheobjectivesof thetask,theresourcesrequiredandtheappropriatetimeline. Ithelpsto cutdown unnecessarycostsdue to delaysandpoorplanning.Anynewideaintroducedin thefirm receivesindependentattentionandiscompletedat thestipulated time(Jones, 2013).

Managerscan alsoapplythestage-gate methodsustainingingenuity.First,theorganizationacceptsideasfrom varioussourceswithin orwithout itwalls. Awiderangeof conceptsthat are subjectto scrutinyisavailed. Thesecondstageinvolvesassessingtheviability of theproductin termsof resourcesrequiredandtheexpectedoutput.In thisphase,ideaswith littlevalueto thefirm are excludedfrom thelist.Themostfeasibleproposalgetsan in-depth appraisalin termsof theresourcesrequiredandthetimeframe anda consequentimplementation follows.During thestrategy,themanagementshould employa cross-functional approachthat bringstogethermembersfrom thevariousdepartmentsto judgethepracticality of theproposedidea(Jones, 2013).

Informationtechnology is a usefultoolforenhancingcreativity andinnovationin an organization.Managerscan utilizeitto disseminateinformationamong theemployees,andthisenhancesidentificationof gapsthat requirenewsideas.Though employeescan poolideas,correctivecriticismsare crucial as they refineproposedideas.Theuseof variousplatformspresentedby informationtechnology, employeescan interactwith peoplefrom without theorganizationandsourcefornewideas(Jones, 2013). Agoodexampleis Amazon that providesbooksonline, andemployeescan benefitfrom thereviews.

Thisassignmentis crucialsince itoutlinestherelationshipbetween creativity, innovationandentrepreneurship. Through it,thethree aspectsappearto be interrelated, andthetriowould be incompletewith theexclusionof one. Theassignmenthas detailedthestepsthat an efficientmanagementcan followto inculcatea creativity culturein thebusiness.

References

Jones,G. R. (2013). Organizationaltheory, design, and change(7thed).Upper Saddle River, NJ: Pearson.