Question.2600 - You have 5 essay questions - each worth 20 points each. Each question should not exceed 1 page of writing, 12 point font, 1 inch margins. Prepare as an essay, although bullet points are allowed to help with organization. Graphics/pictures are not included in the 1 page limit. Cite your sources. Complete your answers in a word document and upload through turnitin, like you do your weekly assignments. All work must be done individually, but you can leverage your notes/readings etc. Your answers will be graded on 4 things: Well written: 25% Answered question: 25% Applied logic from readings: 25% Demonstrated critical thinking skills and synthesis of ideas: 25% Question 1: What is creative confidence and why does it matter in the process of innovation? Create a picture showing visually what you think creative confidence is. Question 2: What is Human Centered Design Thinking and how does it differ from the traditional way organizations innovate? Do you think the HCDT process/mindset can be effective in large organizations and how might you, as a manger, effectively implement it in your own organization? Question 3: Explain the difference between open versus closed business models. What do you think holds companies back from adopting an open model? Find an example (not Cisco – referenced in the reading) of a company that has adopted an open business model and explain how they do it and demonstrate how it has driven innovation at the firm. Question 4: How does an innovation spread from an idea to the market? How can you tell the difference between hype and true innovation? Question 5: In preparing for your team project with fellow students, what organizational issues do think are most important to consider for your team to be successful? Think about knowledge creation, managing knowledge, and what computer mediated communication channels you will use.
Answer Below:
1.Creative confidence is the capacity for original thought, and the will to carry it through that is innate in all people. Everything changes when people are assured of their creative abilities. Creative courage is the determination to pursue original ideas despite obstacles and failures. The element that fosters and advances creative thought as well as aids in the realization of ideas is confidence. Every step of the creative process depends on it. You have the guts to try new things and obtain new experiences that inspire creative ideas when you are confident. In industrialized countries, creativity and innovation are becoming essential traits for success. Since more and more management issues demand innovative thinking to create workable solutions, creative problem-solving has become increasingly important. Innovation and creativity go hand in hand. And with imagination, innovation is possible. Innovation, or the introduction of a novel concept, solution, process, or product, is the application of creativity, which is the capacity to generate fresh and original ideas. Creativity fuels innovation, including freedom from constraints imposed by laws, regulations, and established or unestablished social conventions. 3 2. You can produce goods and services that resonate with and are catered to the needs of your audience by using the problem-solving method known as human-centered Design, which places actual people at the center of the creation process. A problem-solving strategy known as “human-centered design” puts a product’s users’ needs first. It begins by figuring out who your user is and what their issue is, and it concludes by coming up with a solution that is specifically designed for them. Deep empathy is at the heart of Human-Centred Design (“HCD”). This, in turn, enables designers to generate many ideas, contributing to creating and sharing a prototype with the target market before launching the good or service. The following are some ways that HCDT is distinct from the conventional methods that businesses innovate. The broader picture is what design thinking considers: It strongly emphasizes innovation and developing goods and services that address issues. Human-centered Design feels the small things: It is a technique for enhancing a product or service’s usability and user experience. Human-centered Design is a mentality, whereas Design Thinking is a process. Large organizations can benefit from the HCDT method and mentality as well. Successful Design depends on the human perspective, which continuously changes. Human-centered Design makes a better understanding of user demands, motivations, and concerns possible, which also results in a more effective, adaptable design process. A manager can start by interacting early with users and asking for their input and comments. Doing this lets you gather insightful information when still working with paper prototypes and sketches rather than fully developed products. To avoid directing resources in the wrong direction, you can pivot early. Human behavior has changed rapidly and significantly due to the COVID-19 disaster. 4 Additionally, organizations have changed to better suit people’s demands. Understanding changing behaviors, preferences, and pain spots is possible through human-centered Design, which helps direct efforts in the proper direction. By gaining access to the user’s perspective, designers may create solutions that function well and widely in our new world. 5 3. The method of producing innovation determines the difference between open and closed innovation. An open innovation combines outside knowledge into innovation management, as opposed to a fast innovation, which is generated in a secure firm environment. The idea behind a closed innovation is that businesses themselves create new ideas. The innovation process is wholly internal to the company, from concept inception to development and marketing. To boost one’s innovation potential through the active, strategic use of the environment, open innovation refers to opening up the invention process beyond the confines of the organization. For a firm to generate new innovative products, services, or business models, innovation must thus result from the interaction of internal and external ideas, technology, processes, and sales channels. It Is, therefore, impossible to open to the outside. Only within well-defined company boundaries can innovations be generated. Intellectual property, procedures, and know-how are still in the innovative company’s hands. This method’s purpose can be likened to that of a perpetuum mobile: To establish internal R&D as a center of expertise, businesses invest significant quantities of money in it. These R&D divisions provide critical technological innovations that result in cutting-edge goods and solutions. Due to established firm boundaries and internal R&D operations, the innovation process is thus characterized as a closed system. The IBM InnovationJam platform collaborates on a network basis with other businesses and universities from other nations like Switzerland and Saudi Arabia, which is one example of successful open innovation. The online music marketplace Last. Fm invites its members to “hacker days,” where they can create new software. 6 4. The diffusion of innovations theory describes how new scientific, technical, and other developments diffuse throughout civilizations and cultures before becoming widely used. The distribution of innovations theory aims to explain how and why new concepts and methods spread across potentially lengthy durations. The process by which innovative products are embraced (or not) by their target markets is known as innovation dissemination. It enables creators and marketers to investigate why certain subpar items are successful while others are not. How quickly diffusion—or spreading—occurs largely depends on how innovations are conveyed to various societal segments and the subjective perceptions attached to them. This notion is crucial to comprehend while increasing market share and is regularly used to promote new items. Even while there are a lot of new ideas vying for your attention, only some of them are genuinely prepared for implementation. Your organization’s decision-makers need to have the ability to distinguish between hype and genuinely disruptive technologies. You must have a solid grasp of where ideas stand because so many new concepts, technologies, and startups are entering the market. You will be able to cut through media hype and marketing tactics with this kind of skill. In the end, it enables you to stand back and determine whether this idea is at a stage where it will be advantageous to your company. To provide a measurable improvement in value for a person or group of individuals, something must disrupt or build upon existing models to be considered genuinely innovative. Innovation pushes creativity further by creating value from those fresh, innovative concepts. The distinction is significant. Many unique ideas and things are on the market, but they sometimes add something new. The ones that succeed frequently start their enterprises, endure, and increase. 7 5. Lack or vague directions: One of the most prevalent organizational challenges is a need for more or clear rules inside an organization. Employees are dispersed when an organization needs a clear direction. Their skills could be better spent on activities that benefit the business. Poor Communication and Feedback: Effective teamwork requires effective communication. This implies that all forms of communication—oral, written, and body language—should be transparent and efficient. Additionally, it must be able to flow from all directions. In addition, feedback is significant. Members of the organization will be more motivated and productive with the support of feedback. Ineffective Teams: Teams that are ineffective fail for many reasons. Creating cohesive teams out of diverse personalities is incredibly difficult. Conflicts will always arise when trying to get a varied group to work together. And if it’s challenging, it’s not impossible. Over time, several tools and evaluations have been created to help in team building and management by getting to know a person’s personality and behaviors. To aid in successful collaboration, impose teams in your organization with a defined function and promote open communication. Lack of awareness: Undoubtedly, many things need to be monitored and looked at for a company to operate correctly. Organizations are evolving entities. It requires ongoing evaluation and improvement. An organization needs to review its procedures, identify issues, and suggest remedies while evaluating its potential for success. 8 REFERENCE PAGE Cabrera, A. (2022). 4 Most Common Organizational Problems. People Dynamics, Inc. https://peopledynamics.co/4-common-organizational-problems/ Dance, J. (2021, November 7). Innovation Principle #3: True Innovation Generates Value – Fresh Consulting. Fresh Consulting. https://www.freshconsulting.com/insights/blog/innovation- principle-3-creativity-alone-not- innovation/#:~:text=Innovation%20Requires%20Value,individual%20or%20group%20of%20pe ople Peron, A. (2022). How to Differentiate Between Disruptive Technology or Pure Hype. Supplyframe. https://supplyframe.com/resources/how-to-differentiate-between-disruptive- technology-or-pure-hype/ The Diffusion of Innovation – Strategies for Adoption of Products. (2023, May 27). The Interaction Design Foundation. https://www.interaction-design.org/literature/article/the- diffusion-of-innovation-strategies-for-adoption-of-products Halton, C. (2021). Diffusion of Innovations Theory: Definition and Examples. Investopedia. https://www.investopedia.com/terms/d/diffusion-of-innovations-theory.asp Fried, B. (n.d.). Open Innovation vs. Closed Innovation. https://www.lead- innovation.com/en/insights/english-blog/open-innovation-vs.-closed-innovation 9 MacDonald, D., Shiever, H., Raza, R., Gerrard, P., & Heacock, D. (2022). Human-Centered Design Is More Important Than Ever. BCG Global. https://www.bcg.com/publications/2020/the- importance-of-human-centered-design Out, B. |. S. (2021, December 13). Design Thinking Vs Human-Centred Design: What’s the difference? Medium. https://medium.com/snapout/design-thinking-vs-human-centred-design- whats-the-difference- 9ef855f55223#:~:text=Design%20thinking%20looks%20at%20the,a%20particular%20product% 20or%20service What Is Human-Centered Design? | HBS Online. (2020, December 15). Business Insights Blog. https://online.hbs.edu/blog/post/what-is-human-centered- design#:~:text=Human%2Dcentered%20design%20is%20a,tailored%20to%20your%20audience ’s%20needs Lodwick, A. (2023). Creative Confidence: How to Overcome Imposter Syndrome. ReviewStudio. https://www.reviewstudio.com/blog/creative-confidence-how-to-overcome- imposter- syndrome/#:~:text=What%20is%20Creative%20Confidence%3F,part%20of%20the%20creative %20process Schawbel, D. (2013, October 15). David And Tom Kelley: How To Gain Creative Confidence At Work. Forbes. https://www.forbes.com/sites/danschawbel/2013/10/15/david-and-tom-kelley- how-to-gain-creative-confidence-at-work/?sh=402ee41a5887 Sokolova, S. (2018). The Importance of Creativity and Innovation in Business. www.linkedin.com. https://www.linkedin.com/pulse/importance-creativity-innovation-business- 10 siyana- sokolova#:~:text=Creativity%20goes%20hand%20in%20hand,solution%2C%20process%2C%2 0or%20productMore Articles From Management
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