Creativity and Innovation Management ? Fast Feedback

Creativity can be defined as problem identification and idea generation whilst innovation can be defined as idea selection, development and commercialisation.

There are other useful definitions in this field, for example, creativity can be defined as consisting of a number of ideas, a number of diverse ideas and a number of novel ideas.

There are distinct processes that enhance problem identification and idea generation and, similarly, distinct processes that enhance idea selection, development and commercialisation. Whilst there is no sure fire route to commercial success, these processes improve the probability that good ideas will be generated and selected and that investment in developing and commercialising those ideas will not be wasted.

Fast Feedback

Feedback sets the boundaries of a project and tells individuals how far they are from a successful result, how far they are from failure and which direction they're going.

Slow feedback delays all of the above and:

* Enhances cost to final goal

* Decreases motivation

* Establishes a sense of futility

* Slows down the problem solving process

* Reduces trust

* Is an indicator of inefficient work processes

People who come up with ideas but never get any feedback, will not engage the next time round or may not even bring significant problems to the attention of decision makers.

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/

You can also receive a regular, free newsletter by entering your email address at this site.

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.

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/

In The News:


Amazon CTO: Cloud infrastructure keeps companies focused on innovation
ZDNet - 10 hours ago
But, increasingly, the power of cloud computing and infrastructure as a service is benefiting the Silicon Valley spirit of innovation. ...
The Cloud vs. the Platform: What's Best for the Enterprise? Sci-Tech Today
all 7 news articles

Parkland Health & Hospital System Rolls Out Innovation's ...
MarketWatch - 15 hours ago
As always, patient safety is our highest priority and we felt strongly that Innovation's technology suite offered our pharmacies the most comprehensive ...

Hackett: FinancialWeek, "Customers Say Innovation Not Part of ...
MarketWatch - 14 hours ago
... back-office operations to low-cost countries may cut expenses--only to find they are paying an unexpected price in missed opportunities for innovation. ...

Ars Technica

Google CEO Eric Schmidt Calls For Innovation Bailout
InformationWeek, NY - Nov 18, 2008
By Thomas Claburn In a speech on Tuesday at the New America Foundation in Washington, DC, Google CEO Eric Schmidt called for an innovation bailout, ...
Google's Schmidt calls for more innovation, stronger infrastructure CNET News
Google's plan to attack the recession FierceCIO
Google CEO promotes new version of government MLive.com
National Journal - Ars Technicaall 82 news articles

National Pasteurized Eggs Receives Chicago Innovation Award
MarketWatch - 11 hours ago
The Chicago Innovation Awards recognizes firms that introduce products or services that uniquely fill unmet needs, generate a competitive response in the ...

Rockefeller Foundation Helps Boost Creative Sector With Its 2008 ...
MarketWatch - 10 hours ago
The annual Fund, established last year, celebrates innovation in the creative sector through grants for trailblazing initiatives that strengthen the city's ...
Arts, Briefly Rockefeller Grants Announced New York Times
all 7 news articles

International Business Times

GSMA Announces Winners Of 2009 Mobile Innovation Global Award ...
FOXBusiness - Nov 19, 2008
The Mobile Innovation Marketplace at the Mobile Asia Congress is a unique platform for top innovators competing for the Mobile Innovation Global Award ...
TuneWiki Wins Top Innovator Spot at the GSMA Mobile Innovation ... PR Web (press release)
Macau reflects buzz in telecom sector at GSMA Asia MarketWatch
all 33 news articles

Assessing innovation metrics: McKinsey Global Survey Results
McKinsey Quarterly (subscription), NY - 1 hour ago
A recent McKinsey Global Survey shows that companies are satisfied, overall, with their use of metrics to assess innovation portfolios—though many findings ...

Celebrating Goodridge’s social innovation
Bay Windows, MA - 16 hours ago
The ceremony took place during the collaborative’s annual History and Innovation Awards Dinner at the Boston Intercontinental Hotel on Nov. 18. ...

Reuters

Australia wool industry will not bow to boycotts
Reuters - Nov 19, 2008
A former head of Australian Wool Innovation, Brian van Rooyen, said retailers around the world expected the industry to stick to the 2010 deadline to phase ...
PETA talks up its wool boycott actions Sydney Morning Herald
RSPCA wants wool industry to reaffirm mulesing commitment ABC Online
'Wool producers must end mulesing by 2010': RSPCA Stock and Land
The Canberra Times - Stock and Landall 341 news articles
innovation - Google News

Managing Creativity and Innovation, Part 1 of 2

Leaders, consultants and managers must be competent in at least... Read More

Fire Evacuation Drill with a Difference

I had been given the task to organize a fire... Read More

Learn To Trust That Gut-Feeling

It just might save your lifeThink of the many times... Read More

Business Innovation ? the Value of Decision Makers

Creativity can be defined as problem identification and idea generation... Read More

Do You Need A Business Plan If Your Idea Is New, Untested, or Unproven?

Who Should Read This Article?Anyone nursing a new (especially untested... Read More

Befriend Your Budget, This Yuletide and Always

It is that time of year again. Yuletide?Christmas in the... Read More

Innovation Management ? Capturing Ideas

Creativity can be defined as problem identification and idea generation... Read More

Facing a Resource Crunch? Read On!

Recently I read an excerpt from a new business innovation... Read More

Creativity and Innovation Management - Teach, Coach, Learn

Coaching, training or learning about creativity and innovation involves mastery... Read More

Knowledge Gains in Innovation

Creativity can be defined as problem identification and idea generation... Read More

Innovation Makes Leaders

Basically what innovation does is making your business unique and... Read More

A New Pair of Shoes

Do the NewAn old pair of shoesDo you have a... Read More

What to Do When You Are Chased by a Snake

I lived for several years on the Japanese island of... Read More

Business Innovation ? the Value of Being Obvious

Creativity can be defined as problem identification and idea generation... Read More

Business Ideas ? Need a New Idea? Try Changing Your Perspective

One definition of creativity states that creative people look at... Read More

Enhancing Vulnerability To Master Perfectionism

One of the ways a person must advance past perfectionism... Read More

Become an Idea Collector

Have you ever gotten a really great idea ? one... Read More

A Time for Rebellion!

When is it right for you to rebel against the... Read More

Process Innovation

Creativity can be defined as problem identification and idea generation... Read More

Make Ideas Your (& Their) Own: Persuade Yourself and Others

Have you ever watched a TV program where the supporting... Read More

Business Innovation ? Real Self versus the Trained Self

Creativity can be defined as problem identification and idea generation... Read More

How To Be An Innovator In A World Of Change

Innovators are opportunity-oriented.What's the hidden opportunity in that problem? Where... Read More

Let the Seeds Grow

The thought that every great thing that has ever happened,... Read More

How An Idea Can Lift You

What determines your destiny? What predisposes your choices?It is your... Read More

Innovation Management ? Developing Ideas Within A Framework

Creativity can be defined as problem identification and idea generation... Read More