Abstract

Innovation is a collaborative process by which organizations abandon old paradigms and make significant advances. Innovative ideas come from several sources, including unreasonable demands or goals and time pressures. However, there are many blocks to innovation. An innovative idea is not helpful to an organization unless it is tested and implemented. The perfect solution is sometimes there; as a vision, a thought, a dream or just a wish. But it is often far too complex for an individual to take it into reality. There are many examples of individuals who have great ideas but do nothing with them. Their organizations do not even know of these concepts. Unfortunately, these ideas die. They die because the creator kills it! They may recognize that the idea may negatively impact their job or the job of their co- workers. They do not know how to explore the idea to take it from a vision to a reality. Furthermore, They rationalize that no one would ever agree on how to structure such their concepts or pay for them. Just how many innovative ideas in your organizations regularly go nowhere because they are not linked to overall Business Improvement Strategies. In order to protect innovative ideas, organizations need to create a forum for the Innovation Process.

Full Text
Paper version not known

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.