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Is Being Innovative Risky?
Much is said about the link between innovative thinking and risk. It's time to challenge this
assertion. In manufacturing, a great deal is invested in a new product, which may or may not sell.
It may succeed or it may fail and here lies the "risk" - the risk of failure.
In the service section, the vast majority of decisions involve improvements, enhancements and the
creation of new service approaches.
Is innovative thinking risky in the service sector?
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Building a Skills Capacity to Innovate
The best way to understand innovation is "building a capacity to innovate". This capacity can be applied to
any challenge facing an organization. For service companies this involves improving, enhancing and
occasionally creating new services and processes.
The notion of idea management is important. This involves a clear understanding of some basic processes
for managing of ideas and the skills necessary to do so.
Creativity is primarily an individual pursuit. The vast majority of new ideas come from insights created by an individual in pursuit of everyday challenges. There are skills which can be learned, refined and enhanced to find more powerful insights. These skills also reflect a basic idea management process that begins with new insights and ends with actions.
Check out the Five key skill areas...
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Does Your Organization Suffer from a Skill Shortage?
At a practical level, you can test your organization's skill level in managing ideas by looking
at some everyday situations. For example, ask yourself these questions...
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Product focus -
2005 Yearly Idea Navigator Guide
The Idea Factory decided to tackle the two reasons people give that hinder their innovative thinking:
Read more...
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Click here to buy the Idea Navigator Guide Right Away!
Happenings at the Idea Factory
June was a busy month for public sector - 10 workshops in all.
August kicks off a tour to Australia and New Zealand
Sept 8 – Wellington
HR Institute NZ conference which will use 250 Conference Navigator Guides.
Sept 16 – Melbourne
Presentation to launch an Australian Idea Factory
Sept 22-24 – San Diego
Employee Involvement Association Conference.
Sept 29 – Toronto
Creativity Camp – public event
See www.creativitycamp.ca
The Idea Factory
For information on an introductory one-day workshop Wow! That's a Great Idea! contact
Ed Bernacki
613 263 0046 or email
info@wowgreatidea.com
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Dear Ed,
