Searching for innovative opportunities? These 7 sources will boost your creativity

Searching for innovative opportunities? These 7 sources will boost your creativity

Peter F. Drucker, the father of modern management, suggested that analyzing the opportunities is the first step in generating innovative ideas. He classified Seven Sources of Innovative Opportunity, consisting of internal and external sources of change that can be used to generate innovative ideas. The sources include unexpected events or success, incongruity, innovation based on process needs, changes in industry or market structure, changes in demographics, changes in perception, mood and meaning, and new knowledge. By leveraging these sources, organizations can create new unique products and services that adapt to changes effectively.

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17 ways to foster an innovation culture in your business

Creating an innovation culture in your business is essential for success. Here are 17 ways to foster innovation in your organization.

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Making Your Own Idea Whiteboard

Whiteboards are essential for idea generation and innovation programs, but support from management and governance are also critical for success.

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Entering the zone of innovation uncertainty

Entering the zone of innovation uncertainty

Innovation management requires different mindsets for different time horizons, especially in the midst of uncertainty. The three horizon methodology allows for greater consideration of the future, enabling strategic planning for emerging opportunities.

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