The Power of Creativity and Innovation
Exploring the Connection and Techniques of Entrepreneurial Success
Introduction
- Welcome to Fundamentals of Concentration Costs
- Dr Tara, your guide to creativity and innovation
- What is creativity and innovation?
- Creativity: Developing new ideas and perspectives
- Innovation: Applying creative solutions to problems
- Entrepreneur creativity leads to innovation
Creative Thinking Process
- Knowledge accumulation: Gathering facts and materials
- Incubation stage: Unconscious problem-solving
- Ideas: The Eureka moment
- Evaluation and implementation: Validating the solution
- Iterative process if solution is not valid
Techniques of Generating Ideas
- Force analogy: Seeing problems from a different perspective
- Nominal group: Individual idea generation
- Six thinking hats: Viewing problems from different angles
- Green hat: Developing creative solutions
- Yellow hat: Positive and optimistic viewpoint
- White hat: Objective focus on available data
- Black hat: Critical analysis and cautious perspective
- Right hat: Intuition, gut reaction, and emotion
- Blue hat: Process control and meeting facilitation
Conclusion
- Creativity and innovation are essential for entrepreneurial success
- Embrace creativity to thrive in competitive markets
- Continuous improvement and validation of solutions
- Utilize various idea generation techniques
- Develop a holistic view by considering different perspectives