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The importance of creativity and innovation in an organization
The importance of creativity and innovation in an organization
Impact of innovation on organization
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Individuals’ knowledge and effective management of their knowledge should lead to performance outcomes for organizations to realize value from these activities (Hult 2003). Along with how effectively and efficiently people perform their tasks, organizations are increasingly valuing innovativeness and creativity in their employees (Hult 2003). Their innovativeness and creativity are aspects that allow them to solve new problems and generate value and in turn help their team and organization to become innovative and effective in generating value for customers (Hult 2003; Janz & Prasarnphanich 2003; Sabherwal & Becerra-Fernandez 2003).
Development of both tacit and explicit knowledge is also found to have clear positive impact on performance (Argyris & Schon 1978; Becerra-Fernandez & Sabherwal 2001). Similarly, Cohen and Levinthal (1990) argue that the skills of the individual are the foundations of organizational capability. The implicit assumption in this kind of conclusion is that individual’s skill and knowledge provide them with the performance outcomes that the organizations value and help teams to achieve their goal (Sabherwal & Becerra-Fernandez 2003).
Table 2 1: KM activities identified in the literature.
Author Knowledge management (KM) activities
Alavi and Leider, 2001
1. Acquisition (knowledge creation and content development)
2. Indexing
3. Filtering
4. Linking involves screening, classification, cataloguing, integrating, and interconnecting internal and external sources
5. Distributing
6. Application (using knowledge)
Arthur Anderson and APQC, 1996 1. Share 2. Create 3. Identify 4. Collect 5. Adapt 6. Organise 7. Apply
Leonard-Barton, 1995
1. Shared and creative problem solving
2....
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... finally, implementing these ideas. All KM activities as conceptualised in this research such as creation of new knowledge, accessing what others know about the problem domain, and sharing one’s knowledge should contribute to the richness of one’s ideas, relevant support from others and in the implementation of those ideas.
To be innovative means bringing to all activities involved in the stage model indicated earlier, through not necessarily in a discrete and sequential manner (Scott, S. & Bruce 1994). The various knowledge management behaviours are centred on enhancing an individual’s knowledge which by itself or the enhanced knowledge may contribute to how he or she engages in the whole repertoire of behaviour involved in being innovative. This study will deploy the measure of innovation based on Scott and Bruce’s (1994) stage model of innovative behaviour.
As Kerr is an educator and a professor in universities and not an economist, he examines his idea or creativity in the organization by making inquires starting from top management to the bottom in the organization and also to people who knew what the buyer or customer should be; then he would run it through his network in and outside GE to cross examination and double check or assessment (Davenport et al). Kerr’s successes effectively with the standing of ideas and creativity mainly rely on his continuing exploratory research with great creative thinking skills, expertise and motivation, and they also depend on his outstanding leadership and exceptional organizational culture of innovation in GE (Davenport et al, 2003).
Zhou, Q., Hirst, G., & Shipton, H. (2012). Promoting creativity at work: The role of problem-solving demand. Applied Psychology: An International Review, 61(1), 56-80. doi:10.1111/j.1464-0597.2011.00455.x
Kelley,T. (2005, Oct.). The 10 faces of innovation. Fast Company, 74-77. Retrieved 6th March’ 2014 from http://web.ebscohost.com/ehost/detail?vid=9&sid=1d6a17b7-c5f7-4f00-bea4 db1d84cbef55%40sessionmgr10&hid=28&bdata=JnNpdGU9ZWhvc3QtbGl2ZSZzY29wZT1zaXRl#db=bth&AN=18386009
However, I do not dismiss that actual knowledge management truly exists or is being utilized due to the differing understandings of the terminology. In fact, I have seen knowledge management at its best in a first-hand experience. My organization has a strict rule that certain positions must take a mandatory consecutive 5-days off of work each calendar year. While an employee is out of the office for 5 days, work must continue. Processes, procedures and training have been implemented to assist in passing on information relevant to taking over another position during this time. Cross-training helps in this endeavor, but actually performing the duties of another job for 5 days requires knowledge management implementation to achieve success. Due to this, the organization must “impart knowledge and skills that enable employees to be more effective in their positions” (Avtgis, Rancer, & Liberman, 2012, p.
McShane, Steven, and Mary Ann Von Glinow. Chapter 8: Decision Making and Creativity. PRIMIS MNO 6202: Managing Organizations. 2004. The 'Secondary' of the 'Secondary' of the 'Secondary' of the 'Secondary' of the 'Secondary' Reprint of the book.
Pitts and Koufopoulos (2012) argue that resources and capability are highly important internal factors that should be taken into account by the organization in order to obtain the successful performance in the long run.
Oedipus Rex: Living with the Truth and “Free-will” In Oedipus Rex by Sophocles, it is advocated throughout the whole play that the truth about someone can cause great harm. Oedipus is stubborn to find out the truth about his past but those who are closest to him, tell him the truth is not worth knowing because it will lead him to his own destruction. Nevertheless, he is persistent and does not realize that maybe he should listen to the other people because by discovering the truth about his parents it can introvertedly lead to other events that will cause chaos. His truth is ominous but is also inevitable as Tiresias underscores: “It will come even if my silence hides it” (Sophocles 346).
Creativity is very important to most employers, because in business situations with customers, employees often have to respond to sudden changes and unfamiliar problems.
Nowadays, the words “innovation” and “creativity” get thrown around a lot in the business and academic worlds. But the road to making successful innovations isn’t always what people think. Often people make inventions to deal with a problem that they face. These inventions, in turn, spawn other inventions and innovation. It is these types of inventions that have the most impact on society have arisen from this.
In order to survive in the competitive environment of today’s business world, it is imperative for organisations to cope with uncertainty and unrest. The strategies pertaining to survival /coping are the result of accumulated/ acquisition of new knowledge that occurs through learning (Bhaskar & Mishra, 2014). An organisation’s ability in learning, applying and spreading new insight has been persuaded as the fundamental strategic capability (Fiol & Lyles, 1985). Bontis et al. (2002) noted that in order to continue to exist in today’s complex environment, organisations must learn efficiently and effectively. The rate at which individuals and organisations learn is the leading source of competitive advantage (Stata, 1989). Thus, learning is pondered
The main objective of writing this paper is in practice, the management of innovative process takes into account the most important criteria that reflect the substance of innovation and arising directly from the definition of "disruptive innovation". Such criteria include the degree of novelty and substantive content.
In most organizations, effective utilization of knowledge increases productivity, creates competitive advantage and, ultimately, improves profits.
Innovation has become a critical element for a business to be successful. More emphasis is placed on creativity as it is the core that drives innovation within a company. Businesses must provide a conducive work environment to produce and grow a creativity amongst its employees. We will discuss the five critical component to a creative work environment which include challenging work, organization encouragement, supervisor encouragement, work group encouragement, lack of organization impediments and freedom.
Human resource competencies are for example important in facilitating efficiency in performance of organizations’ operations towards competitive advantage. Business knowledge, change management, and human resource distributions are examples of human resource competencies that contribute to organizations’ competitive advantage. Such initiatives are however, undermined by institutional factors such as business ‘short termism’, cost centered strategies, as well as professional factors such as lack of business skills, inefficiency in measuring and evaluating success, attitude, and organizational
The words creativity and innovation can be heard in the many types of media in day to day life. Here, we will discuss how creativity and innovation are essential parts of entrepreneurs, making a strong base for achievement and success. Drucker (1985) advocated that innovation and creativity is a tool of entrepreneurship. In this essay, some of the examples which support this argument will be discussed . Firstly, creativity is the use of human imagination to create new and different things. Creativity also allows a person to think out of the box which results in innovative or different paths to specific tasks. Apart from that there is another word, that is “Innovation”, “ Innovation is a process of introducing new ideas to the firm which