Wednesday, May 17, 2023

Innovation

The essence of innovation is made of trying new combinations of known things. It's the essence of societal evolution.

Innovation has to result in something which leads us to a better state than where we are today. Innovation is about moving forward; in any business, if you are not moving forward, you are moving backward. There is no “one size fits all” formula for innovation management success. 

The shareholders who highly value innovation would have a bigger innovation appetite and devote more talent, resources towards future breakthrough innovation more than those that only manage short-term incremental innovation. There are quite a lot of dots which can be connected to catalyze innovation.

Innovation & obligation: An innovator has an obligation to think strategically as such innovation initiatives are generated out of some real concern, purpose and objective to implement great ideas. An innovator has an obligation to be open, question common beliefs and share unique insight; challenge existing concepts; bring new perspective, fresh ideas, and make a commitment to innovation.

Being innovative comes out from within, they are not only original but self-driven to the initiator. An innovator has an obligation to "be a natural creative thinker" who can observe deeply, ask thoughtful questions and generate novel ideas. An innovator has an obligation to be authentic; shouldn’t take decisions against their own ideological principles, but take courageous actions to make differences influentially.

Innovation & grit: Innovation is a thorny journey, grit is the very quality to keep you focused. Your mind is connected with your vision, your vision motivates you to keep focused. Grit boils down to single-mindedness, persistence, and resilience. Having grit by itself does not guarantee innovation success but it's hard to have success without it.

Getting excited about a goal of innovation allows you to pursue it with greater emotion. Underlying grit is the opportunity to try and fail and try again. It’s something that you commit to before it becomes second nature which overcomes the negative psychology. Grit strengthens the strength; aligning with one’s purpose; grit comes with practice, having the right level of desire, determination, dedication, and discipline to build innovation competency.

Innovation & fulfillment:
Fulfillment is the reward one gets from generating fresh ideas, getting them implemented, and having a work well done. Innovators obviously think differently- problem-solving is part of their goals, and they feel fulfilled if they can overcome challenges. Innovative people have the ability to reframe the circumstances or conditions around a problem and to solve it creatively.

Creativity, engagement, the inner abundance of self-awareness and external abundance of resources shape a fulfilling mind to spur innovation. Fulfillment comes both through mind to mind connectivity for sparkling innovation. The fulfillment comes through the deep sense of connectivity, the movement with circulated energy flowing to spur innovation.

Each human being is unique as you won't find two humans that are exactly the same. We are all new combinations of the known, with intellectual curiosity to discover unknowns, courage to think and act differently. The essence of innovation is made of trying new combinations of known things. It's the essence of societal evolution.

2 comments:

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this is an informative post and it is very beneficial and knowledgeable.

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