Tuesday, March 18, 2008

Harvard business school graduate

Innovative Personnel, a Catalyst to your Business

Description:

The most important asset your business owns is the knowledge of its work force. However if you can not extract this knowledge to your benefit, you can not stay alive in the competitive world of business today. Here the value of innovative personnel would be more significant. They can add value to your business, make improvements in your working strategy, and even bring the other personnel in the road.

Content:

Mehran Nejati

Imagine an apple farm which normally produces 5 tones of apple every year. It is observed that in case of putting beehives in the farm, the apple production will increase up to 5 times. This is because bees facilitate the process of pollination. If you are one of those who might ask "what does this have to do with business?", then go on reading this article.

As a business owner or top level manager, you will be working with people who have different abilities. The better you manage them and have them use their abilities to a maximum level, the better results you'll achieve. I believe management is an art; Therefore as a manager, or better to say artist and professional in working with people, it is important to be able to choose the right person for the right position. Knowledgeable personnel are essential to any business, but they are not necessarily enough for success. You need a little more than this. And people with innovative minds are the response to this need.

Innovation is the process of making improvements by introducing something new. Peter Drucker defines innovation as a "change that creates a new dimension of performance". People with innovative minds can be catalysts to your business and add to the speed of your business in the road of success. Innovative personnel play the role of bees in your business farm!

The most important asset your business owns is the knowledge of its work force. However if you can not extract this knowledge to your benefit, you can not stay alive in the competitive world of business today. Here the value of innovative personnel would be more significant. They can add value to your business, make improvements in your working strategy, and even bring the other personnel in the road.

Innovation typically involves creativity, but is not identical to it: innovation involves acting on the creative ideas to make some specific and tangible difference in the domain in which the innovation occurs. For innovation to occur, something more than the generation of a creative idea or insight is required. That is, the insight must be put into action to make a significant difference, resulting for example in new or altered business processes within the organization, or changes in the products and services provided. It should be noted that the term 'innovation' is used by many authors rather interchangeably with the term 'creativity' when discussing individual and organizational creative activity. However they are not the same. Creativity is typically seen as the basis for innovation, and innovation as the successful implementation of creative ideas within an organization.

While innovation typically adds value, it may also have a negative or destructive effect as new developments clear away or change old organizational forms and practices. Organizations that do not innovate effectively may be destroyed by those that do. There are techniques for managing innovation though. As a business owner, you must notice that while innovation could be a key to success, it is not the only factor for success and there are other factors to be considered too.

Author: Mehran Nejati

About Author:

Mehran Nejati has over 4 years of experience in Balanced Scorecard implementation.He has many articles on performance and strategy management, and leadership. Being the vice-president of CKP Inc., Engineer Mehran Nejati is known as the top entrepreneurs of his society. For more information, visit: http://ckp.awardspace.com


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