Articles. News. Information.

Category of Information, News & Articles


Innovation Management - Reducing Hierarchy


Creativity can be defined as problem identification and idea generation whilst innovation can be defined as idea selection, development and commercialisation.

There are other useful definitions in this field, for example, creativity can be defined as consisting of a number of ideas, a number of diverse ideas and a number of novel ideas.

There are distinct processes that enhance problem identification and idea generation and, similarly, distinct processes that enhance idea selection, development and commercialisation. Whilst there is no sure fire route to commercial success, these processes improve the probability that good ideas will be generated and selected and that investment in developing and commercialising those ideas will not be wasted.

Reducing Hierarchy

Theory consistently states that the reduction of hierarchy and "flat" organisations are better suited to increasing optimal performance. Reality shows us that even the flattest organisations have hierarchy and that it cannot be completely eliminated. Further, hierarchy has value - for example, there are compelling arguments that people look for and follow good leaders.

But results from organisations that consciously and forcefully attempt to reduce status differences produce superior results:

a) Good leaders, though of higher status, make others feel valuable by increasing their value and hence status.

Status deference hinders rather than increases output:

a) People tend to shut down when confronted by higher status individuals.

b) People tend to put greater value to the input of higher status individuals.

c) People tend to allow higher status individuals to get away with bad decision-making.

d) The competitive rush to attain a higher status creates restriction of information, which lessens intellectual cross-pollination.

These and other topics are 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:

Financial Times (blog)

Goldman Names Asset Management Chairman
New York Times (blog)
Jim O'Neill, the Goldman Sachs economist best known for coining the BRIC acronym, has been named chairman of the firm's asset management business. ...
Goldman Economist to Oversee Asset-Management UnitWall Street Journal
Goldman Sachs Economist O'Neill Named Asset Management ChairmanBloomberg
Goldman names O'Neill asset management chairmanBusinessWeek
TheStreet.com -MarketWatch (press release) -Financial Times
all 40 news articles »



J.P. Morgan Asset Management Launches New Endowments & Foundations Advisory Group
MarketWatch (press release)
NEW YORK, Sept 10, 2010 /PRNewswire via COMTEX/ -- JP Morgan Asset Management (NYSE:JPM) today announced its plans to pursue a significant build out of its ...
JP Morgan Asset Management expands endowments, foundations practiceCanadianBusiness.com

all 9 news articles »


Agendus Calendaring, Time Management App Comes to IPad
PC World
Iambic has brought its calendaring and time management application, Agendus, to the iPad. Agendus for iPad provides the same ...

and more »


The Guardian

Nokia Harvests From Mister Softee Management Farm
Forbes
The Finnish company took a departure from its traditional management practices by hiring a foreigner as CEO -- since 1967, all of its chief executives were ...
Nokia CEO Kallasvuo Replaced By Microsoft's ElopWall Street Journal
NOKIA: Ad hoc:NOKIA:Ad hoc: Nokia appoints Stephen Elop to President and CEO ...Reuters (press release)
Nokia Hires Microsoft's Elop as CEO to Reverse Losses to AppleBloomberg
ConnectedPlanet (blog) -San Jose Mercury News -RedOrbit
all 1,057 news articles »


Net Insight AB: Net Insight Introduces New Resource Management Solution into ...
Reuters (press release)
With this integration Nimbra Vision remains the Network Management System, responsible for monitoring and controlling the Nimbra network. ...

and more »


Strategic Management & Opportunity Corporation Prepares Materials for Current ...
MarketWatch (press release)
CLINTON, Wash., Sep 10, 2010 (GlobeNewswire via COMTEX) -- Strategic Management & Opportunity Corporation (Pink Sheets:SMPP) announces that the company is ...

and more »


ISS Recommends That Response Genetics Shareholders Vote Management's Gold ...
MarketWatch (press release)
We urge you to support your Board and management by voting FOR the nominees proposed by management, and, as recommended by both ISS and Glass Lewis, ...

and more »


First Trust/Aberdeen Emerging Opportunity Fund Declares Quarterly Distribution ...
MarketWatch (press release)
The Fund is a closed-end management investment company that seeks to provide a high level of total return. The Fund seeks to achieve its investment ...
Aberdeen Asia-Pacific Income Fund, Inc. Announces Record Date and Payment Date ...Bradenton Herald

all 49 news articles »


Proactive Investors USA & Canada

Aceto Shuffles Management As 4Q Profit Soars On Record Sales
Wall Street Journal
The shakeup followed a management shuffle in October, when Eilender was named chairman and Miata was tapped as CEO after the departure Leonard S. Schwartz, ...
Aceto Announces Fiscal 2010 Fourth Quarter and Full Year Results of Operations ...MarketWatch (press release)

all 22 news articles »

Google News

Home | Sitemap
© 2006 eInfoJunction.com Homepage | Web Directory | Article Directory| Bid Directory