Elements of Innovation
It doesn't matter if you're looking at an individual, a firm, a region or a nation, most of the following elements need to be present for repeatable, successful innovation. In labelling these terms, I had to decide whether to use the term "value" or "profit" -- I have chosen profit because it is consistent with the definition of innovation in this blog (i.e. the profitable implementation of ideas); the blog is about innovation in business; and value is implied in the term profit.
I've highlighted the element "curiosity," because it doesn't get as much attention as it should IMHO. Encouraging curiosity, and treating it as important, is definitely something parents and educators need to think about. The talk below by Sir Ken Robinson is worth watching if you haven't already seen it.
I've highlighted the element "curiosity," because it doesn't get as much attention as it should IMHO. Encouraging curiosity, and treating it as important, is definitely something parents and educators need to think about. The talk below by Sir Ken Robinson is worth watching if you haven't already seen it.
Labels: definition of innovation, innovation
posted by Gordon Graham at 9:53 PM
2 Comments:
Gordon, I like the elements you have assembled. What about adding ENERGY to the mix?
As teams tease out new ideas - and as those same teams work through the inevitable mistakes that come along with innovation - energy, along with will, attitude and trust, keeps people moving forward.
Hi Greg!
You're right, energy is definitely worth adding. It was actually quite tricky narrowing the list down (I used the word "sweat" to cover things like focus/energy etc.) I was thinking that each of these elements are really more of a "system" or "space." Thanks for posting!
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