Oi 361 Week 1 Chapter 1 Reading Notes

• Innovation ○ Innovation Definition - Innovation is Creativity + Successful Implementation § Creativity helps come up with ideas, innovation helps reap the benefits ○ Implementation - Made up of three aspects that allow timely and effective execution of projects § Idea Selection § Development § Commercialization ○ A few points on creativity § Idea generation is individual § Idea development and implementation is where team is needed § Creativity is relating a concept to a particular body of knowledge § Innovation research shows creativity □ More people = more output □ Creativity does not come from any single area within a company or by geography ○ Five Environmental Components Stimulate Creativity § Encouragement of Creativity - Open flow between org levels § Autonomy § Resources § Pressures § Organizational Impediments □ Components are either stimulants or obstacles to creativity □ Creativity relies on intrinsic motivation and inspiration ○ Three Modes of Responding to a Situation - Spontaneous, Hare, Tortoise § Spontaneous or Instinct = no conscious thought. □ Used in situations where little time to assess situation exists § Hare brained or D-mode = conscious, deliberate, purposeful thinking. □ Necessary for completing a task within a time frame: a preference for structure, the ability to plan and organize, to be in control. § Tortoise Mode = being different, thinking laterally, and making new connections □ Tasks that are complex and fuzzy ○ Assessing Situations § Assessments are often based on familiar seeming patterns § New patterns are fitted to match known patterns rather than being acknowledged as being different ○ Cycling Worlds § Organizations need both: innovation and operation, and successful innovative organizations seem to manage to balance the tension between the two cycles without