Qualities of a good Innovator Before Checking The qualities of a good innovator we should check the meaning of Innovation.. ...
Qualities of a good Innovator
Before Checking The qualities of a good innovator we should check the meaning of Innovation..
What is innovation..?
The process of translating an idea or invention into a good or service that creates value or for which customers will pay.
To be called an innovation, an idea must be replicable at an economical cost and must satisfy a specific need. Innovation involves deliberate application of information, imagination and initiative in deriving greater or different values from resources, and includes all processes by which new ideas are generated and converted into useful products. In business, innovation often results when ideas are applied by the company in order to further satisfy the needs and expectations of the customers.
This might seem obvious, but it’s not. Many organizations value stability and consistency more than innovation and change. Innovators realize that innovation is the only way to remain truly competitive, and they share that feeling with others. As a result, they value innovation and help others to do the same.
Encouragement of Risk Taking
Innovators realize that taking risks is part of making great discoveries and advancing society. Great innovators encourage risk taking in others. In fact, 80% of great innovators encourage employees to be curious, and 76% systematically encourage risk-taking. A culture of risk-taking means encouraging new ideas and being gentle with failure, seeing it as an opportunity to learn rather than an occasion of punishment.
Innovators Teach Others
Great innovators realize that new ideas and implementation can’t end with them. They bring others along on the journey, training them how to think in new ways. In this way, they build entire teams of forward-thinkers. When innovation best practices and mindsets are shared widely, entire industries can benefit.
Start Somewhere
Too many people feel like they can’t move forward with an idea until they are sure that it’s the absolute best. Great innovators realize that they won’t know what ideas are great until they try them. In fact, they’re not afraid of bad ideas because they know that good ideas are usually close behind! To become an innovator, begin with the idea you have and be open to learning more.
Innovators Look for Patterns Everywhere
Innovators are always on the lookout for analogous solutions. That is, solutions that exist in one industry that may help them with theirs. A perfect example is skis. A ski company wanted to reduce the vibration in skis as skiers turned at high speeds. They found an analogous solution in the music industry and appropriated technology used to stabilize violins to reduce the ski’s vibrations. Look for ideas everywhere!
Staying Positive
As an innovator, you have to keep a good attitude. You can’t assume that something won’t work simply because it hasn’t been done that way before. Innovators realize that if you do what you’ve always done, you get what you’ve always gotten. Stay positive and you’ll see new ideas work out in surprising ways!
Innovators Incentivize Innovation
Just like innovators take others under their wing to teach them how to innovate, they also incentivize those who are willing to innovate. You might assume every organization does this, but the reality is many companies will discourage or even punish those who try to suggest doing things in a new way. Instead, build incentive programs that encourage new ideas!
Being a Team Player
The stereotype of an innovator as a trouble-maker that no one enjoys working with is false. A great innovator realizes that a team is involved, and does his or her best to be a team player. Rather than being difficult mavericks, great innovators are team players who bring others along with them on implementing new ideas.
Innovators Connect and Collaborate
In the Renaissance, often viewed as the peak of innovation in Western society, most people worked alone. Less than 10% of the innovation during the Renaissance was networked. Whereas now, a majority of breakthroughs happen in collaborative environments. Expect to work with others to create breakthroughs.
Innovators Value a Culture of Innovation
As an innovator, you realize that you can’t “go it alone” because you want and need the innovation and new ideas to go beyond your department and direct influence. Great innovators help create a culture of innovation in their whole organization so that innovation has a greater reach. Having a culture of innovation benefits not only an organization, but the industry and even society as a whole.
Being an innovator means a lot more than being Benjamin Franklin or a mad scientist. Day to day, great innovators encourage risk-taking, teach others, collaborate and build teams, and much more. Do you see yourself as an innovator now? Do you want to be? Here’s an info-graphic that you can reference as you continue on this journey.
The process of translating an idea or invention into a good or service that creates value or for which customers will pay.
To be called an innovation, an idea must be replicable at an economical cost and must satisfy a specific need. Innovation involves deliberate application of information, imagination and initiative in deriving greater or different values from resources, and includes all processes by which new ideas are generated and converted into useful products. In business, innovation often results when ideas are applied by the company in order to further satisfy the needs and expectations of the customers.
Read more: http://www.businessdictionary.com/definition/innovation.html
The process of translating an idea or invention into a good or service that creates value or for which customers will pay.
To be called an innovation, an idea must be replicable at an economical cost and must satisfy a specific need. Innovation involves deliberate application of information, imagination and initiative in deriving greater or different values from resources, and includes all processes by which new ideas are generated and converted into useful products. In business, innovation often results when ideas are applied by the company in order to further satisfy the needs and expectations of the customers.
Read more: http://www.businessdictionary.com/definition/innovation.html
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