Thursday, March 3, 2022

Innovation

The business and economic environment play an important role in sparking creativity and catalyzing innovation.

Innovation is doing something better than it currently is. It involves new ways of bringing together ideas and resources to create something novel and then transform those novel ideas to achieve business value. 

The broader the scope, scale, and impact of innovation, the more dots you need to connect, the more talented people you need to evolve, and more systematic approach you should take to unlock performance.



Innovation & abundance: Abundance means connection and enrichment. Open to a world of possibilities and result in what you decide to make of it - abundant ideas, abundant creativity, abundant talent. To understand abundance, you have to understand the opposite, which is scarcity. Knowledge scarcity leads to closed-mindset, silo, inertia, or stagnation. Scarcity creates fear; if I don’t protect this, then I might lose something. Abundance stems from what you value such as resources, time, engagement, peace, etc. It is the ability to do what you need to do when you need to do it. Abundance creates connection and creativity.

Not to underestimate the challenge of balancing awareness of current reality with your abundant mindset for what is possible. The more abundance influences mindset; informs behavior, the better the future looks. Abundance creates compassion, connection, tranquility and love for all. When you approach others with a sense of abundance, working and living with that idea in mind, you're likely to be more creative, innovative, and caring.

Innovation & profundity: Profundity means being insightful and gaining an in-depth understanding of things or people. It evolves multidimensional thought processes to see through the cause-effect, develop critical thinking skills and enhance creativity. A profound mind is deep and open. Creative thinking plays an instrumental role in developing a greater understanding of self, others, and the world, or in short, profundity. Creativity requires a profound degree of intrapersonal independence, deep observation, intellectual inquisitiveness, empathetic communication, and relentless experimenting.

Creativity helps to see problems in multiple dimensions; profundity enables people to dig into the real cause, and solve problems with passion and logic. However, there are far too many who do not fully harness their creative ability when it comes down to refining their own thought process to see things differently. Profundity is crucial to differentiate substance from style; character from charisma; insight from knowledge. Ultimately, If we do not direct gradual strides toward its attainment, then we will never know what substance can do for the potential of our livelihoods.

Innovation & discovery:
Technically, discovery is the choice to look at something differently and by that choice never look at anything the same. Thus, discovery leads to innovation. In the digital economy, the word "discovery" refers to "knowledge,” or more precisely, insight, you discover something others ignore, or you take the path without just following in others’ footsteps. Discovery is a critical step to innovation success.

Discovery is “the journey of life” as each day we discover something previously unknown to us. It takes fresh eyes to discover unique perspectives in the familiar landscape; learn to see and enter into the experience of simple perceptual connection with the wide open personal completion into the moment's happening. You need to be versatile for generating fresh ideas, flexible to discover an untaken path to explore the unknown and systematic to manage innovation in a structural way.

The business and economic environment play an important role in sparking creativity and catalyzing innovation. Innovation happens frictionlessly in an open environment, the variety of ideas or opinions should lead to “inspirations,” nurture creativity, fuel innovation and build differentiated innovation competency.

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