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CREATIVITY AND INNOVATION THINKING OUT OF THE BOX

TEAM MEMBERS:

RAVINA GANGURDE MADHURA PISAL KUMAR ABHISHEK AKSHAY KODILKAR

PG 09 PG 26 PG 21 PG 19

Creativity is thinking up new things. Innovation is doing new things." Theodore Levitt

CLASSIC QUESTIONS

Why thinking out of the box at all???

Can we really use it in our day to day life, in job, at home while solving solving problems???

Have you ever come across some weird examples ???

CREATIVITY AND INNOVATION


CREATIVITYphenomenon whereby a person creates something new, which has some value. INNOVATIONIt is the creation of better or more effective products, processes, services, technologies, or ideas that are accepted by markets and society. Innovation differs from invention in that innovation refers to the use of a new idea or method, whereas invention refers more directly to the creation of the idea or method itself.

CrEaTiViTy.( Hotel Industry) Going back to the periodic times.?

Animal love

INNOVATION IN BANKING SECTOR


In 1990s banks started to use technology to provide better quality of services at greater speed Innovations in banking in India Technology in value creation Rural India catching up Banking beyond Banking Where is Indian banking heading?

Thinking out of the box?

6 SIDES OF THE BOX

LIMITING ASSUMPTIONS:

-Misinterpretation of data -False conclusions

ADDICTION TO STATUS QUO


-fear of change -playing it safe

HYPER RATIONALITY -analysis paralysis


-Excessive use of logic & linearity

TUNNEL VISION
-Narrow mindedness -Mental isolationism

INTOLERANCE OF AMBIGUITY
-Settling for the first right idea -Impatience with process

NO INTRINSIC MOTIVATION
-Out of touch with your own fascination -Lack of inspiration

ACTIVITY

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