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Lecture (4)
Innovation
What is Innovation?
Creativity is about coming up with ideas while innovation is about "bringing ideas to life. While individuals may display creativity, innovation occurs in the organizational context only, by bringing creative ideas to life Invention refers more directly to the creation of the idea or method itself,
What is Innovation?
Innovation is the creation of better or more effective
products, processes, services, technologies, or ideas that are accepted by markets, governments, and society
Thing VS Idea
If you have an apple and I have an apple and we exchange these apples then you and I will still each have one apple. But if you have an idea and I have an idea and we exchange these ideas, then each of us will have two ideas. George Bernard Shaw
George Bernard Shaw the only person to have been awarded both a Nobel Prize in Literature (1925) and an Oscar (1938)
The
Diversify the hunt
I-
Principles
Passion is everything. Innovationwhich simply meansnew ways of doing things that improve our lives---cannot flourish unless you are truly obsessed with making something betterbe it a product, a service, a method or a career.
Have the courage to follow your heart and intuition. They somehow already know what you truly want to become.
Passion wont protect you against setbacks, but it will ensure that no failure is ever final. Bill Strickland
This speaks to vision. Innovation doesnt take place in a vacuum. You need to know where youre going, what the ultimate destination is, and you need to inspire others.
Passion fuels the rocket, but vision points the rocket to its ultimate destination.
Creativity leads to innovative ideas. Jobs believes that a broad set of experiences expands our understanding of the human experience. A broader understanding leads to breakthroughs that others may have missed. Breakthrough innovation requires creativity and creativity requires that you think differently aboutthe way you think.
The people who are crazy enough to change the world are the ones who do.
Apple Ad
Innovation comes from saying no to 1,000 things to make sure we dont get on the wrong track or try to do too much.
You can have the most innovative idea in the world, but if you cant get people excited about it, it doesnt matter. Steve Jobs is considered one of the greatest corporate storytellers in the world because his presentations inform, educate and entertain.
Dream bigger.
Perhaps the ultimate lesson that Jobs teaches us is that innovation requires risk-taking and risk taking takes courage and a bit of craziness. See genius in your craziness. Believe in yourself and your vision and be prepared to constantly defend those beliefs. Only then will innovation be allowed to flourish and only then will you be able to lead an insanely great life.