Monday, 3 March 2014
Thursday, 28 February 2013
Assingment 2
What Really Drives Innovation ?
Maple Syrup season at
our Adirondack office inspires us to boil things down to their essence. What
follows is our distillation of what really works to create a sustainable
innovation culture.
In our roles as attendee’s
presenter’s leaders and emcees at various innovation and creativity conferences
over the past 20 years, we have seen a lot of presentations that offer up
suggestions for “how to drive innovation through systems, processes, procedures,
tools, business models, alliances, arrangements and so forth. We’ve enjoyed and
learned from all of them, and reveled in the debates that ensued. (Two
favorites: “Stage–gate doesn’t work,” (George Land) vs. “Stage–gate is the only
way!” (Deloitte & Touché) and “Brainstorming doesn’t work” (Larry Kelley,
Doblin) vs. “We use structured brainstorming all the time for our outstanding
results” (Tom Kelley, IDEO).
We believe the
presenters assertions that their suggestions really do work especially in their
organizations, with their challenges, in their context. However, we believe the
moment someone takes one of these polarized positions, and claims it as The
Truth, they fall into the boiling vat of narrow mindedness missing the point of
what drives innovation. All of these approaches are designed to work around
defects, yet fail to emphasize the fact that the main obstacle to innovation is
the human being.
Yes, it all boils down
to people. People, and their resistance and the obstacles they have that block
them from seeing things in new ways and doing things differently. All of the
innovation methods are, at their essence, ways to get people to work
productively and collaboratively. Yes, the biggest resister of innovation is
people. And yet the most significant driver of innovation is...people, which
bring us to our list. One based on research, curious listening, and the
collective experience in driving innovation in hundreds of organizations.
Monday, 18 February 2013
Inovation
1. Why Malaysia has to be innovative in
facing stiff competition from other developing countries?
Innovation is about
people creating good value by developing and implementing new ideas or methods.
Invention is the product from innovation. On the other meaning, it is a process
of creating new invention for others and themselves. To be called an innovation,
an idea should be real and economical thus satisfy the need. Innovation
involves deliberate application of information, imagination, and initiative in
deriving greater or different value from resources, and encompasses all
processes by which new ideas are generated and converted into useful products.
In social context, innovation might be implemented on the other way around. It
is more on the method of gaining something instead of producing a product. For
examples, creating collaboration, joint venturing, flexi hours, and others that
make consumers easy on daily life.
On the others hands, innovation also improve the development of
new customer through solutions that meet new needs, unarticulated needs, or old
customer and market needs in new ways. It is from lots of ways such as creating
effecting products, processes, services, technologies, and ideas that already
in the market, government and society. The innovation can help an organization
or a country can be more successfully because when an organization has made an
innovation that is more creative and more interesting. Many people will use
that product that is made in by a country to make the products to make it
globally.
Malaysia has to be
innovative in facing stiff competition from other developing countries because
of many reasons. The National Innovation strategy or Innovating Malaysia is one
of the ways to promote innovation itself. This program will provide foundation
for a thriving knowledge economy and help Malaysia achieve the Vision 2020. Through
this program Malaysia will be the lead in innovation compared to others
developing country. When Malaysia became innovative, it will keep the people or
citizens on the right tracks towards better future. With the drastic
development through innovation, people will constantly grow up with better idea
and more intelligence. Thus it will help the country back and Malaysia can gain
lots of respect from the countries which is at the same time competing with
Malaysia. This is because; we produce high quality skills and products that can
be used by others globally.
Another reason why
Malaysia has to be innovative because through innovation, we can find new ways
to improve people’s standard of living. In Malaysia itself, we still have
crisis in term of poverty. That is why to make Malaysia become fully developed,
poverty is the number one matters that should be solved. Through innovation,
poverty can be settle with lots of ways. For example, IKS is being applied to
help people outside the town to improve their income. If the people become
better, Malaysia also will gain better place in the world. Lots of outsiders
will come and invest to Malaysia. This will make Malaysia more well-known.
2.
What is genovasi?
Genovasi is a new
Malaysia government initiative to develop innovation skills for local youths
which will lead to wealth and improve standard of living. This program is an initiative
is in line with the interests of innovation skills as an effective strategy to
achieve success in the world which is termed VUCA the unstable, uncertain,
complex and ambiguous.‘Genovasi’ is a combination of the words innovation and
generation. Participants from this program would channel their creativity in
three areas, namely, community-centric activities; focus on economic matters
and government enhancement projects. The Core Track is allows candidates to
understand innovation methodology and collaborate in cross-disciplinary teams.
The Advanced Track provides candidates with the opportunity to work on hands-on
challenges which involves solving real world problems.
Genovasi is to aims to
progressively train the ambassadors over a five-year period so they can
eventually take the lead in spurring progress, a better quality of life and
solutions for the nation. Prime Minister of Malaysia, who announced the new
unit yesterday, said Genovasi would partner with global innovation leaders to
impart innovation, skills, expertise and methodologies to the new generation of
Malaysian innovation ambassadors. Genovasi would be set up as an innovation
organization where bright young minds would have tangible opportunities to
receive induction into innovation. Genovasi will have three tracks would be
offered for the participants to apply their new innovation skills. The tracks
are community-centric projects to benefit the masses and that are
economic-focused projects that generate new waves of wealth, and government
enhancement projects to help improve the delivery.
3.
What is Creative Destruction?
‘Creative Destruction’ is
a paradoxical term introduced to economic theory in 1942 by the Austrian
economist Joseph Schumpeter (1883–1950). He used the term to describe the
special form of economic growth that entrepreneurs particularly bring to the
capitalist system. Schumpeter argued that it was the entrepreneur’s
introduction of radical innovation into the capitalist system that was the real
force that sustained long-term economic growth, even as it destroyed the
economic value of established enterprises who may have previously enjoyed a
degree of monopolistic power.
The net economic benefit
from the radical innovation, in spite of the destruction of existing economic
value, was greater than if the radical innovation had never been introduced.
So, in the term creative destruction describes a process of creating net
economic growth in the capitalist system where entrepreneurs create more
economic value from their radical innovations than is destroyed as their
innovation replaces and supplants the established way of doing things.
Schumpeter believed that
in the capitalism would ultimately be destroyed by its successes and that this
‘creative destruction’ was just part of the prediction of capitalism’s future.
While he is not happy with his visional outcome His great defense of capitalism
however, was built on the grounds that capitalism sparks entrepreneurship. He
was one of the first economists to truly provide us with a clear concept of
this term. His theory described the more expanded role of entrepreneurs as
innovators not just inventors. He saw that entrepreneurs did far more than just
invent as they introduced new means of production, new products, and new forms
of organization. These innovations, he argued, take just as much skill and
daring as did the process of invention.
Moreover, Creative
Destruction is a concept which leads that in a healthy capitalist system, new
things are constantly overtaking the old, tearing down previous economic and
technological systems to make way for progress. In a simple example of this
concept, the advent of affordable cars caused the use of horses to go into
decline. Some people believe that the process of creative destruction is vital
to the maintenance of a healthy economy, and that if an economy is to thrive,
this process must be allowed happen. Others feel that, unchecked, it can damage
an economy or the welfare of a population.
Numerous writers have
brought up the concept, under various names. Joseph Schumpeter is generally
credited with raising awareness about creative destruction, in his 1942 book
Capitalism, Socialism and Democracy. In fact, he brought up the concept as part
of a larger discussion about how capitalist systems eventually turn into
socialist ones, but many economists leave this part of the discussion out,
focusing entirely on creative destruction.
In a healthy economic
system, entrepreneurs and innovators are rewarded for their work, and
businesses which are unable to change or adapt find themselves penalized.
People who are able to think outside the box and predict future market trends
can use creative destruction to their advantage, developing the products which
will replace the products currently on the market. In addition to dealing with
products, this concept also covers supply lines, management techniques,
advertising, and many other aspects of the business world.
Famous example of
creative destruction n related to products would be the Apple’s iPod. A few years ago, the main way for people to
individually listen to music would be CDs and CD players but however, in 2001,
the iPod was released. With various
product lines including different colors and sizes, the iPod is the best
selling digital audio player in history that is Kahney .
CEO of Apple, Steve
Jobs, realized the opportunity in the industry to create a more streamlined
digital music player, and he assigned a team of engineers to develop such a
product in Murry. Apple has utilized
new technology through iPods perfectly by making music into digital
downloadable media, which is much more convenient then CDs. iPods make listening to music more convenient
in various other ways; users no longer have to carry around replacement
batteries for their CD players or their portable collection of CDs. The iPod is also linked to other new
technologies such as a mass of new accessories and the creation of the iTunes
store, which helped the success of the new product.
iPods are an innovative
new product and nevertheless, their emergence has spurred the decline of
CDs. The engineers at Apple continue to
use new technology to create different, improved versions of the iPod such as
the iTouch. While Apple has experienced
great growth and success from the creation of the iPod, other companies
manufacturing music players have not been able to compete as well with the
newer technology. The emergence of this
new product has caused an enormous disruption in the business world
Sunday, 3 February 2013
Why
Malaysia has to be innovative and what is GENOVASI?
Malaysia only lived
eight years to become the country's Vision 2020, the last date we put on
Malaysia to become an independent industrial countries. Eight years is a short
period of time, and we have a lot of work to do to achieve the goals set out in
Vision 2020. The task is daunting, but necessary nonetheless. Whether we like
it or not, we need to change the way we do things in business, academia,
government and the community itself. Not only do we face intense competition
from developing countries other hand, we also face the inevitable lack of
natural resources has contributed significantly to our economy. The advantages
we have enjoyed on the old economic model be sustainable, so we need to look at
new materials key to take us to the next level. The government has made
innovation and transformation of the core of the body forward. Through way we
like NDP Innovation Malaysia, the government is restructuring the elements that
need innovation to ensure that all groups in society, including academia,
industry, the people and the government itself, work and move in the same
direction.
To enable creators to
get their creations to the market, we are looking to make financing easier and
streamlined. With greater emphasis on delivery and results, grants and loans
granted come with more accountability. We introduce innovative thinking skills
in the education system to produce innovative workforce that can meet the
future needs of the industry. Initiatives such as the I-THINK program will
produce students with critical thinking skills, analytical and creative, Skill set
required in an innovative society. We foster greater collaboration between
business and the research community to encourage innovation-driven industries
that create wealth for all players as well as the country. We also identify the
areas of high strategic impact and potential national strategy to reap the
benefits in terms of wealth creation and societal benefits. However, the
government cannot do this alone. It can only provide the framework, direction
and policies that facilitate and encourage change and cooperation in industry,
academia, and the population. True effective transformation can only happen
when the private sector take the lead in innovation. New ideas, initiatives and
alliances naturally should come from the people who know their own area, and
stand to benefit most from innovation.
Admittedly, it is
difficult, but it is very doable. Conventional thinking and approaches rooted
in our minds, hearts and habits. In some cases, they even institutionalized.
But the transformation requires a change in culture. It demands an honest audit
of our priorities and how we were doing things, and the courage to decide that
they must be repaired, overhauled or even completely eliminated. It demands
humility and willingness to reduce power-distance in our businesses, government
bodies, associations and our family unit - a good idea and opinion constructive
can come from all levels of the organization. Dynamic among every member of our
community to promote, do not block the view. That is the only way to capitalize
on the innovation potential of our population. Only when the spirit of change,
transformation and innovation still lives in many of us will have the
opportunity to realize our dreams into the National Innovation 2020.
What
is GENOVASI?
Genovasi, a combination
of Generasi and Inovasi or Innovation Generation, is the innovation
organisation to propagate innovation and design thinking skills, creating
services and solutions that improve the economy and quality of life. Genovasi
is a unique institution with programmes focused on the cultivation of
innovation competencies. Genovasi offers a human-centred learning experience to
Malaysians to learn and use innovation for social inclusion, active citizenship
and personal development, and to be equipped with future transferable skills to
face challenges in life. At Genovasi, we envision ourselves as the starting
point for innovation. Our aim is to harness talents from various disciplines
and backgrounds and provide them with skills that will make them the catalysts
for innovation for a better Malaysia. Together with our international partners,
we offer a range of programmes that encourage a different way of thinking that
will equip the innovation generation with leading innovation practices and
methodologies enabling them to face challenges of the 21st Century.
Genovasi
Experience:
·
Ideate
Everything starts with
an idea. The processes and methodology you will learn facilitates active
discussion and idea generation. You will write your ideas down and you will
interview end users in order to get insights into their problems for the
purpose of generating innovative ideas.
·
Create
You will create with
your hands, creating tangible prototypes of your solutions and use empathy for
the end user in the process. You will go through an in-depth process of
creating solutions and developing prototypes to be tested with end users for
feedback.
·
Innovate
Validation of solutions
with end users is required for a human-centered approach to innovation. You
will test and implement desirable, viable and feasible change into your
innovative solutions.
References:
1).http://www.businesscircle.com.my/innovative-malaysia-by-2020-a-change-of-culture/
2).http://www.genovasi.my/
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