Essay About Innovation Tablemgt And Real-Life Management Example

Creativity and Innovation Table
Creativity and Innovation TableMGT/411January 29, 2015University of PhoenixUniversity of Phoenix MaterialCreativity and Innovation TableComplete the following table by describing creativity, innovation, and the rules of innovation in your own words. Include the following in your response: One real-life management example of using creative intelligenceOne real-life management example of innovationList all of the rules of innovation and include at least one sentence describing each rule in your own wordsFormat any references used in APA format.This assignment is due in Week One.Creativity and Innovation Creative IntelligenceA real life example of creative intelligence would be a computer programmer realizing that the current systems used was lacking a user friendly interface and re-structuring the program to fit the needs of the business.InnovationA real life example of innovation would be the creation of smartphones/TV’s/ laptops, etc.. Taking a normal cellphone and innovating it to react to human touch and sound is not only innovative, but it also displays a form of creative intelligence by referencing pass experience consumer had with cell phones and bring to light a new remarkable technology.Rules of InnovationExert strong leadership on the innovation strategy and portfolio decisions – Ensure idea flow clearly from Top management through entry level personnel so everyone is clear on the company’s goals and objectives.Integrate innovation into the companys basic business mentality – Ensure employees understand the innovative mission of the company from the beginning as to avoid any confusion and to better prepare employees for changes. Align the amount and type of innovation to the companys business. This coincides with the previous rule in ensuring a complete understanding of the goals towards innovation within an organization.Manage the natural tension between creativity and value capture – Ensure creative innovation are exploited in the most effective and efficient manner to drive review and lessen the burden on the organization.Neutralize organizational antibodies. – Ensure employees are prepared for changes and understand the “who, what, when, where, and why behind such changes.Recognize that the basic unit (or fundamental building block) of innovation is a network that includes people and knowledge both inside and outside the organization. – Ensure all internal resources are exhausted before going outside of the organization.Create the right metrics and rewards for innovation. – Identify a rewards system that keeps employees engaged and eager to be innovative without too much expectation.Reference