The Bunch family

The Bunch family

Sunday, March 10, 2013

Creativity, innovation, and risk

#CMC11

Examining at the creativity and innovation aspects from a business perspective was interesting to me as experience has taught me that companies can create new products or offer new services that sets them apart from their competitors.  Without these key factors a business is likely to fall by the wayside while other companies that manage their risk investment while cultivating ingenuity are more likely to succeed in this diverse global marketplace.  Collaboration between departments should be encourages employees with different skill sets and unique ways of viewing a problem or tackling a new project that could benefit from a diverse team (Business Dictionary, 2013).  This is especially important to consider by Project Managers if they want to have creative brainstorming sessions during project meetings to determine which path they should go down.  Cultivating an ongoing open discussion between managers and employees is crucial for businesses that are looking to have more innovation in their products.  This should not be limited just to what the business does, but can be expanded to be inclusive of the daily operational scope to reduce the drudgery and complacency that creeps into the workplace environment over time.  While this cannot be forced upon someone, if the employees are open to new experiences and becoming weary of their job functions it could be beneficial for managers to have smaller team meetings to motivate their workforce, and ultimately benefit their company.

Reference:
Business Dictionary (2013).  Six Effective Ways to Foster Innovation.  Referenced on March 10, 2013 from http://www.businessdictionary.com/article/510/ways-to-foster-innovation/.

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