Course Book: Paul Trott‚ Innovation Management and New Product Development‚ 5.th Ed Learning objectives and Some Discussion Questions for Mid Term Exam • Recognise the importance of innovation • Explain the meaning and nature of innovation management • Provide an introduction to a management approach to innovation • Appreciate the complex nature of the management of innovation within organisations • Describe the changing views of innovation over time • Recognise
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The Nature of Creativity ABSTRACT: Like E. Paul Torrance‚ my colleagues and I have tried to understand the nature of creativity‚ to assess it‚ and to improve instruction by teaching for creativity as well as teaching students to think creatively. This article reviews our investment theory of creativity‚ propulsion theory of creative contributions‚ and some of the data we have collected with regard to creativity. It also describes the propulsion theory of creative contributions. Finally
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How does the firm use creativity? Like many large retailers‚ Nordstrom has to keep relevant and continue to reinvent itself to keep the company relevant in these ever changing times. Nordstrom uses creativity and marketing as a strategy to combat the evolving marketplace and to encourage customer loyalty. With the overnight emergence of online shopping‚ retailers took a huge hit in profits. With facing such adversity‚ a company’s creativity must be sparked in order to ensure the survival of the
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between individual creativity and team creativity: aggregating across people and time ANDREW PIROLA-MERLO1* AND LEON MANN2 1 2 School of Psychology‚ University of New South Wales‚ Sydney‚ Australia Melbourne Business School‚ University of Melbourne‚ Melbourne‚ Australia Summary This paper investigates how the creativity of individual team members is related to team creativity‚ and the influence of climate for creativity in the workplace on individual and team creativity. A multilevel theoretical
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Sustainable Innovation Key conclusions from Sustainable Innovation Conferences 2003–2006 organised by The Centre for Sustainable Design Martin Charter & Tom Clark The Centre for Sustainable Design University College for the Creative Arts www.cfsd.org.uk May 2007 Contents 1 Introduction 05 2 Definition and importance of sustainable innovation 09 3 Drivers 12 4 ‘State of the art’ and application 15 5 Obstacles 20 6 Policy needs 28
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The Meaning of Creativity Opportunities for creativity are all around us‚ but how often do we recognize them? Creativity is defined as “creative ability or process‚” but I think this definition trivializes what creativity is and does and can do for everyone who will learn to use it appropriately and often. Based on my observations‚ experiences‚ and readings‚ creativity can be a daily exercise in self-discovery in addition to a quest for knowledge‚ which is why all teachers should be creative
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Judicial creativity Judges are unable to develop the law as it would be considered unfair. If a defendant commits an act which is not considered criminal‚ but the judge then decides that it is‚ therefore changing the law‚ this would be considered unfair for the defendant. This would be seen as the retrospective effect. Parliament makes the law‚ following a lengthy process‚ and then the judges must follow parliament’s decision. They must follow precedent of higher court judges. This is known as
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for those in management leadership roles. But as with anything‚ there are positive and negative aspects of technology on leadership. Some of the positive aspects of technology are: the availability and use of wireless networking‚ collaboration tools‚ digital video‚ handheld devices‚ and videoconferencing. On the other hand‚ the negative aspects of technology are: it offers less privacy‚ it allows for less interaction with others‚ and it runs a high risk of contact with viruses. On the more
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Opportunity (Competitive possibilities) : a condition which will help a firm achieve strategic competitiveness. • Threat ( Potential constraints ) : a condition that may hinder a firm’s efforts to achieve strategic competitiveness. BASIC ANALYTICAL TOOLS FOR EXTERNAL ENVIRONMENT ANALYSIS PESTEL Analysis Degree of turbulence Customer Analysis Competitor Environment Company / Public Sector Organization Industry Life-Cycle Cooperative Environment Five Forces Analysis Source : Lynch
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CLEAR VISION AND WORK ENVIRONMENT ARE SOME PRINCIPLES FOR CONTINUOUS INNOVATION Theoretical models Ten Principles for creating the highest performance teams and team innovation: 1. Establish the reasons and objectives of forming a team. Create a concise team vision and mission statement that is crisp and well understood 2. Recruit the team players who will be the most adept at achieving the said team objectives‚ vision and mission. 3. Establish clear‚ participatory‚ effective and elevating
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