Proper channeling of management and innovation is one of the
highly analyzed topics in business management. Most of the companies
today have adopted the strategy of open innovation that uses a
methodology that allows companies to co-innovate with their suppliers,
partners and customers. When it comes to managing innovation, it is a
multifaceted answer and unique to all businesses. Specific innovation
management strategy enables services and products to differentiate
themselves from the competition in the market. Companies must
appropriate sufficient resources and time into the innovation funnel.
Business innovators bring surprising changes in business operations as
well as customer retention, development and product design.
Creativity in business refers to identification of
customer friendly solutions to ensure distinguishing them from the
competition. When companies land on a specific strategy with the use of
the innovation funnel, they are seen by outsiders as innovators in realm
of customer service and customer relationship management. Businesses
adopt different approaches to ensure an environment that is suitable for
innovation and encourages a more expressive thought. Some companies
enlist use of creativity exercises for businesses. The strategies range
from engaging complex exercises to simple variants as well. For example,
a company utilized their market experience and adopted exercise for
their employees to eliminate negative or non creative thought patterns.
This was done by removing negative statements from the vocabulary. This
involved elimination of sentences such as “I can’t think creatively”,
“my job does not create a creative environment” and so on. These are
some patterns of negative thinking that creates a negative environment
and pushes creativity and innovation to the back seat.
exercises for business and adequate implementation of imaginative funnel
help a business reassess the question of ways to manage innovation. It
is important to create an environment that encourages free thought and
generates free ideas. The innovation funnel ensures that ideas and
thoughts are nurtured and directed well.
Large corporations use creative exercises for businesses in conjunction
with innovation and creative funnels. When businesses seek to implement
an innovation funnel or look for other methods on ways to manage
innovation, they can make use of the following tips that have proved to
be successful in other industries.
in business and proper utilization of innovation funnel creates a
dramatic effect on the entire organization. So, now that you have read
the entire article, you must be clear about the importance of creativity