WELCOME LDR152 Business Innovation and Creativity Introductions Name

WELCOME! LDR-152: “Business Innovation and Creativity”

Introductions: - Name Where are you from? Where are you in your educational Journey? What is your “Thing”? (What makes you tick? ) - What is you WHY statement?

Chapter 1 The Innovative Organization

Learning Objectives 1 2 The Three Arenas of Innovative Competence Explain how today’s business 5 workforce and the nature of work itself is changing. Innovative Leadership from the Top Identify the skills and attributes 6 needed for the 21 st century manager. 3 Categories of Innovation 7 4 Outline the characteristics that make a company admired.

Three Arenas of Innovation Competence 1. Education 2. Application 3. Leadership

1. Understand How to Implement Innovation in Challenging Times 2. Understanding the Application of Innovation Competence 3. Understand the Categories of Innovation: Finance, Process, Offerings, and Delivery

Chapter 2 Innovation 101

Learning Objectives 1 2 3 The Right Process for the Problem Recognize the elements of innovative problem solving Explain the pitfalls that hinder innovation

Innovative Problem Solving 1. The Problem begins with a problem, a need, or an opportunity.

Divergent Thinking: 1. People create new ideas and build on ideas to enrich the number of choices.

Convergent Thinking: 1. People use his or her experience and exercise their judgment to select the best ideas and implement them to deliver a bottom-line result

Pitfalls the Hinder Innovation: 1. Working on the wrong problem 2. Judging Ideas too quickly 3. Stopping with the first good idea 4. Obeying Rules that don’t exist 5. Failing to get Sponsorship and build coalitions

New Product Team Leaders: 1. Objective Decision Making 2. Communication on the Run 3. Leadership 4. Concept Development 5. Innovation Skills Beyond Creativity

The End