Searching for innovative opportunities? These 7 sources will boost your creativity

Searching for innovative opportunities? These 7 sources will boost your creativity

Peter F. Drucker, the father of modern management, suggested that analyzing the opportunities is the first step in generating innovative ideas. He classified Seven Sources of Innovative Opportunity, consisting of internal and external sources of change that can be used to generate innovative ideas. The sources include unexpected events or success, incongruity, innovation based on process needs, changes in industry or market structure, changes in demographics, changes in perception, mood and meaning, and new knowledge. By leveraging these sources, organizations can create new unique products and services that adapt to changes effectively.

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More Innovation Resources:

Kickstart the idea generation process in your organization

Kickstart the idea generation process in your organization

Idea generation is crucial to innovation, yet many organizations struggle to generate ideas. This article discusses why idea creation is important, what makes it difficult, and how to create an environment that fosters creativity. It also introduces tools that can help in the ideation process.

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How To Foster And Fuel Intrapreneurship At A Large Corporation

To foster an intrapreneurial culture, a company needs to have a long-term approach and restructure its corporate machinery. This requires working with the whole organization, embracing new leadership profiles, and attracting the right talent.

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The Greatest Innovation in Olympic History

The Greatest Innovation in Olympic History

Crowdfunding is a game changer for many Olympic athletes, especially those who struggle to make ends meet with small stipends, parental support, and off-season jobs.

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