Management Information

Lateral Thinking, Logical Thinking, Applied Creativity


Certain processes enhance creative output and others enhance innovative output. Defining creativity as problem identification and idea generation and innovation as idea selection, development and commercialisation, this article will tackle stages two and three using the three-stage process of lateral thinking, logical thinking and applied creativity.

The start of the process involves building a sizeable idea pool of quality ideas. In this article, we can define quality as being a large number of ideas and a large number of diverse and novel ideas.

Simply creating the above three categories enhances the size of the idea pool. Whereas we might initially have come up with 20 ideas, we are now consciously able to come up with 20 ideas and then 20 others that are purposefully diverse and yet still 20 more that are purposefully novel. This framework that we are beginning to construct begins to show the value of frameworks and models. They break up problems into smaller, more manageable parts and allow the mind to focus on each.

We can also use lateral thinking techniques to enhance the size of our idea pool. This involves processes such as generating ideas without conscious direction, for the sake of generating ideas, purposefully ridiculous ideas, ideas generated from links to diverse and novel objects that have no relation to the apparent problem.

Next, we can use logical thinking to generate ideas and increase the quality of the idea pool still further. This involves using established models and associations that are recognised as being linked to the problem to generate ideas. For example, a million business models exist to address particular problems. SWOT, PEST, Five Forces, Competitive Advantages etc can be used if the issue is indeed a business one.

All of the above requires that creative thinking in general be used. That is daring, uninhibited, free-spirited, imaginative, unpredictable and revolutionary.

With a sizeable and good quality idea pool, we now begin to use critical thinking to reduce the ideas to feasible ones - applied creativity. Critical thinking involves being reductive, logical, focused, conservative, practical and feasible.

Once we have a list of feasible ideas, we then further reduce the selection further through risk-reward mechanisms such as the S-curve and idea source probabilities. That is because most organizations do not have the resources to innovate all their good ideas and so only the most likely are given the resources and opportunity to succeed.

This topic is covered in depth in the MBA dissertation on Managing Creativity & Innovation, which can be purchased (along with a Creativity and Innovation DIY Audit, Good Idea Generator Software and Power Point Presentation) from http://www.managing-creativity.com. You can also receive a regular, free newsletter by entering your email address at this site.

Kal Bishop, MBA

**********************************

You are free to reproduce this article as long as no changes are made and the author's name and site URL are retained.

Kal Bishop is a management consultant based in London, UK. He has consulted in the visual media and software industries and for clients such as Toshiba and Transport for London. He has led Improv, creativity and innovation workshops, exhibited artwork in San Francisco, Los Angeles and London and written a number of screenplays. He is a passionate traveller. He can be reached on http://www.managing-creativity.com.


MORE RESOURCES:

The Associated Press

Risk Management Needed for Energy Loan Guarantees, Report Says
Bloomberg
The US Energy Department's loan programs may end up losing $2.7 billion, less than the agency or Congress projected, according to an independent analysis sought by the White House in response to Republican pressure. The potential long-term loss on 30 ...
Post-Solyndra review urges better energy loan managementThe Hill (blog)

all 216 news articles »


New York Times

Financial Briefing Book
Wall Street Journal
Apollo Global Management LLC's fourth-quarter profit slid 95% from a year earlier as the buyout firm's revenue slid. Apollo reported a profit of $11 million, or five cents a Class A share, down from a year-earlier profit of $206.3 million, ...
Apollo Global Management, LLC Reports Financial Results for the Fourth Quarter ...MarketWatch (press release)
Apollo Fourth-Quarter Profit Falls 66% on Market SwingsBusinessWeek
Apollo earnings fall on mark-downsReuters
Fox Business -New York Times
all 47 news articles »


Business Insider

List Of Pepsi Managers Who Have Left The Company
Business Insider
It's not news that PepsiCo has suffered a lot of management churn in the last few years, and that sales of some brands have been hurt as the company has lost its focus. But it's not until you see the list of senior brand management names who have ...
PepsiCo to Cut 8700 Jobs, Reduce Management Layers in Global Productivity DriveIndustryWeek
PepsiCo Announces Strategic Investments to Drive GrowthMarketWatch (press release)
PepsiCo Cuts Jobs, Plans Culture ChangeFINS

all 590 news articles »


Carrington Capital Management, American Home Mortgage Servicing Announce ...
MarketWatch (press release)
Resolution of Carrington Asset Holding, LLC, ET Al. Plaintiffs, v. American Home Mortgage Servicing, Inc., Defendant SANTA ANA, CA, Feb 10, 2012 (MARKETWIRE via COMTEX) -- Carrington Capital Management, LLC ("Carrington"), a subsidiary of Carrington ...

and more »


Spend Management Experts Wins Supply & Demand Chain Executive Award
MarketWatch (press release)
ATLANTA, GA, Feb 10, 2012 (MARKETWIRE via COMTEX) -- Spend Management Experts today announced that founder and CEO John Haber has received the Supply & Demand Chain Executive's 2012 "Pros to Know" award in the provider category.

and more »


Advanced task managers on iOS
CNET (blog)
by Jason Parker February 10, 2012 12:00 PM PST Follow @jparkerCNET There must be hundreds, if not thousands, of to-do-list management apps in the iTunes App Store, but which one should you choose? I found a couple of new task management apps recently ...

and more »


Waste Management Employee Who Works Tirelessly to Save Dogs Receives Top ...
MarketWatch (press release)
10, 2012 /PRNewswire via COMTEX/ -- As part of its annual recognition of community service, Waste Management of Michigan/Ohio has selected Deanna West of Lake Orion, Michigan to receive its most prestigious community award as "Volunteer of the Year" ...

and more »


Schultze Asset Management Founder George Schultze Delivers Key Comments in ...
MarketWatch (press release)
10, 2012 /PRNewswire via COMTEX/ -- George Schultze, Founder and Managing Member of Schultze Asset Management, LLC ("SAM"), was a key speaker today in Harvard Business School's Creating Value Through Corporate Restructuring course taught by Professor ...

and more »


MiamiHerald.com

Oracle to Pay $1.9B for Taleo, Extends SAP Rivalry
ABC News
Oracle Corp. is escalating its rivalry with German business-software maker SAP AG with a $1.9 billion purchase of Taleo Corp., a company that helps businesses hire and manage their employees. The proposed purchase announced Thursday extends Oracle's ...
Oracle to pay $1.9 billion for personnel software company, extends rivalry ...Washington Post
News Analysis: The Implications Of Oracle's Acquisition Of TaleoForbes
Roundup: Oracle, Freescale, JuniperData Center Knowledge
San Francisco Chronicle
all 482 news articles »


Reuters Blogs (blog)

Why Mark Zuckerberg shouldn't listen to management gurus
Reuters Blogs (blog)
Any company, in the wake of an IPO, finds itself growing new and previously-unnecessary layers of management, especially in areas like the general counsel's office, investor relations, and public relations. But for the Welches, that's not enough: extra ...
Resisting the Facebook NationMotley Fool

all 367 news articles »

Google News

home | site map
© 2006