A Quote by Watts Humphrey
Innovation is the process of turning ideas into manufacturable and marketable form.
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Creativity is the generation and initial development of new, useful ideas. Innovation is the successful implementation of those ideas in an organization. Thus, no innovation is possible without the creative processes that mark the front end of the process: identifying important problems and opportunities, gathering relevant information, generating new ideas, and exploring the validity of those ideas.
Because the process of innovation often relies heavily on the combining and recombining of previous innovations, the broader and deeper the pool of accessible ideas and individuals, the more opportunities there are for innovation.
Big companies have trouble with innovation. Innovation is about bad ideas, or ideas that look like bad ideas. That's the fundamental thing.
If you want the best things to happen in corporate life you have to find ways to be hospitable to the unusual person. You don't get innovation as a democratic process. You almost get it as an anti-democratic process. Certainly you get it as an antithetical process, so you have to have an environment where the body of people are really amenable to change and can deal with the conflicts that arise out of change an innovation.
Nowadays, ideas can meet and mate very much faster than before, and the Internet is only accelerating this process. So innovation is bound to accelerate.
We form cities in order to enhance interaction, to facilitate growth, wealth creation, ideas, innovation, but in so doing, we create, from a physicist's viewpoint, entropy.
We think of writing a book as a process, but the very word - process - suggests that there is one: a template to follow, a map to guide us. If that were true, someone would have surely figured out some marketable method we could all buy.
To the zealot overcome by his piety and to the journeyman of ideas concerned only with his marketable mental skills, the beginning and end of ideas lies in their efficacy with respect to some goal external to intellectual processes.
Just as energy is the basis of life itself, and ideas the source of innovation, so is innovation the vital spark of all human change, improvement and progress.
It's the unlikely juxtaposition of creativity and logic which causes the wooliness and confusion around the term 'innovation'. Everybody wants to be innovative; many companies and ideas are proclaimed to be innovative and no one doubts that innovation is a money spinner. And, thus, we are all looking for the magic formula. Well, here you go: Creativity + Iterative Development = Innovation.
We form cities in order to enhance interaction, to facilitate growth, wealth creation, ideas, innovation, but in so doing, we create from - from a physicist's viewpoint, entropy, meaning all of those bad things that we feel are engulfing us.
A disruptive innovation is a technologically simple innovation in the form of a product, service, or business model that takes root in a tier of the market that is unattractive to the established leaders in an industry.
The paradox of innovation is this: CEO's often complain about lack of innovation, while workers often say leaders are hostile to new ideas.
Someone once said that innovation is a done idea. I agree. I believe that creativity is the individual development and conceptualization and that innovation in an organizational sense is implementing ideas and intentions that come from that creativity. So in a sense, creativity is more a leadership function and innovation is more a managerial function.
There are a lot of ideas I have that I think would be very marketable and commercial, but they're not as compelling to me as the ones that are unmarketable, uncommercial, and unprofitable.
I think innovation as a discipline needs to go back and get rethought and revived. There are so many models to talk about innovation, there are so many typologies of innovation, and you have to find a good innovation metric that truly captures the innovation performance of a company.
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