Innovation - A Tool for Prosperous Growth

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Good Ideas – Creativity and Innovation Management - part 2
The relative ease of i) generating good ideas and ii) lack of resources means that there are usually more good ideas available than can be successfully innovated.   As a result, it is often the case that ideas must be evaluated for risk...



Innovation Management – the need for Knowledge Managers
But what do we do with all these ideas? 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...

The Practice of Knowledge Management
Knowledge management is not about technology. It is about culture. To put it into the right perspective,the practice of knowledge management will drive the organisation to develop a strong culture of competency and innovation. Such enterprise-wide...


Strategic Knowledge Management - The Key to Sustainable Performancel
Leading organizations in the global economy understand that in order for them to stay competitive, they must efficiently and effectively create, capture, and share their organization's knowledge and expertise within their organization. The practice...

 
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Dream The Impossible Dream - Turn Your Ideas Into Reality.

I'm sure you can recall having a sudden inspiration,
a brainwave, a "bolt from the blue", a brilliant idea
striking you like a light being switched on inside your
head. But for some reason you never developed that idea
or brought it to fruition.

Maybe you have lain awake, unable to sleep, with your
mind "racing" through numerous possibilities. "What if
I did this? What if I did that?" Maybe you initially
thought the idea was so original or brilliant, and at
last, it was the answer you have been looking for.
But still nothing came of that brilliant idea.

You are not alone. Every day millions, probably billions,
of ideas pop into the minds of people all around the world.
In reality though, only a small percentage of ideas are
worth the time it took for the thought. Most ideas are
fleeting "sparks" of inspiration that go nowhere, and get
forgotten about, before they ever see the light of day.

Of the ideas that are worth pursuing, very few are
followed through to become a worthwhile development
in the market place.

So how do you gain profitable ideas?

1. Find something (or a system) that already exists -
one that is proven to work.

2. Invent or create something. Most inventions or
creations are simply a


variation on something that
has already been invented or created.

3. Improve on something that already exists. We are
all looking for things that are faster, smarter, smaller -
we are all looking for innovation and solutions to problems.

When you dare to dream, it is amazing what miracles can be
achieved. The trouble is, most people never start dreaming
their impossible dream.

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About the Author

Noel Peebles has bought, developed and sold several of his own
businesses, and has been involved with the purchase and sale
of many others. He has fifteen years of 'hands on' experience,
directing his own highly successful' retail businesses, including
franchise marketing and business development. He also has his own public
self-storage complex.
And, he's traveled extensively to over forty countries.

 


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