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Corporate Travel Management
"Corporate Travel Management Post 9/11 When terrorists shook America and the world with the September 11 attacks of 2001, they didn't just hit the travel industry hard but also changed the way corporate travel management functioned. Post...
Effective Risk Management
Risk is embedded in every opportunity a business faces. And poor risk management can result in large financial costs, or even failure. Risk points can emerge anywhere: small scale project delays, the misguided actions of an employee, or a fire in an...
Leadership or Management?
Leadership or Management? by Arthur Cooper (c) Copyright 2005 http://www.arthurcooper.com/ If you are a good manager, does that make you a good leader? If you are a good leader, does that make you a good manager? Does being good at...
Time Management, Avoiding Negative
Life is a bummer and then we pay the ultimate price. Times are always changing making it difficult for us to keep up with the advancements in our lives. If we are thinking positive most times good, fortunes come our way, but if we are...
Time Management Tips for Solo Entrepreneurs
Does it seem like everyone and everything is vying for your attention all at once? It can be hard for solo entrepreneurs to know what to do first, let alone try to find the time to get caught up. Here are some time management tips that will help...
 
Creativity and Innovation Management- Turning Ideas into Action

The phrase “turning ideas into action” is a Russian doll.

Managing the ideas to implementation process is important for at least two reasons:

a)To make effective use of resources – investing in one idea uses resources that could be applied to another idea. Yet all ideas do not have the same likelihood of success.

b)To prevent re-engineering. There is often not enough time to properly develop and commercialise a product but there always seems to be time to go back and fix it. It has been estimated that the cost of re-engineering ranges from the low to high billions every year.

Effective idea to implementation involves a number of disciplines:

a)Effective idea selection – the first stage of innovation. Innovation can be defined as idea selection, development and commercialisation (as opposed to creativity, which can be defined as problem identification and idea generation).

b)Effective idea development – which involves a second tier of competencies. Where effective idea selection may be management, sales and end-user focused, idea development also requires technicians, designers and the like.

c)Effective idea commercialisation – which involves yet a third tier of competencies.

Each of the above can further be drilled to improve effectiveness. For example, idea


selection can involve:

a)Selecting ideas according to type. Some idea types have a higher probability of success than others.

b)Selecting ideas according to strategic, competency and technical fit.

c)Selecting ideas according to practical impediments.

d)Selecting ideas at various stages of the idea funnel.

e)Selecting ideas according to end-user benefit.

There is much more to this….

These and other topics are covered in depth in the MBA dissertation on Managing Creativity & Innovation, which can be purchased (along with a Creativity and Innovation DIY Audit, Good Idea Generator Software and Power Point Presentation) from http://www.managing-creativity.com

Kal Bishop, MBA

**********************************

You are free to reproduce this article as long as no changes are made and the author's name and site URL are retained.

About the Author

Kal Bishop is a management consultant based in London, UK. He has consulted in the visual media and software industries and for clients such as Toshiba and Transport for London. He has led Improv, creativity and innovation workshops, exhibited artwork in San Francisco, Los Angeles and London and written a number of screenplays. He is a passionate traveller. He can be reached on http://www.managing-creativity.com.

 

About Management - business management - people management - and more
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International review on management research. Peer-reviewed, occasional. Ejournal, with tables of content, abstracts and full articles available on-line.
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Advances the human resource profession to ensure that HR is recognized as an essential partner in developing and executing organizational strategy.
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Agency of the US government tasked with Disaster Mitigation, Preparedness, Response & Recovery planning.
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Object Management Group
Distributed object computing industry standards group founded in 1989. Defined standards include CORBA and IIOP.
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Management Reading | Global Executive | Business | Economist.com
The one management thinker every educated person should read Nov 17th 2005 ... The story of Emerson's successful management process is fascinating. ...
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Emerald: Home
Publisher of journals in management and library and information services, engineering, applied science and technology.
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Yale School of Management
The mission of the Yale School of Management is to educate global leaders for business and society. We pride ourselves in providing a hard-edged business ...
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Official Federal Government site listing positions nationwide for special agent, federal police officers and related jobs.
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