Creativity and Innovation Management - MIT ID Innovation

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An Overview of Creativity and Innovation
Management MITID Innovation
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In an ever-growing and competitive world,
creativity is the best tool for success. But it
should be properly utilized. Without good
management companies will find a decrease in
their profits, even if they have good creative
ventures. This blog aims to introduce and explain
the very significant topic of creativity and
innovation management.
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What is Creativity and Innovation Management
It is a tool that fills the gap between the
theory and practical applications of organizing
imagination and innovation.  It is a tool that
gives managers insights into introducing
innovation within their organizations. It also
helps in boosting the development of the creative
performance in their staff. 94 of managers look
for creativity while enrolling candidates.
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There are five pillars in creativity and
innovation management. These are Communication M
ake it clear how much you/the company values
innovation. Create an innovative platform where
everyone can brainstorm and share their ideas.
Through communication and a sharing of common
space, build trust and loyalty.
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Time Manage time between projects. Make a
setlist of hours that the staff can spend working
on their own projects, which can boost their
creativity while working on the company
projects. Control activity Control the amount of
work that is given to be completed on a deadline.
Its important to not overload the epmoyees mind
with work during creative hours.
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Control results The work assigned and the
results it yields should have a clear balance.
One should not compromise the other. Recognition
for the best work All employees fancy a little
appreciation. Hand out awards and certificates
for the best work as a reward for their hard
work.
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What are the Creativity and Innovation in the
Workplace
To encourage the best creative and innovative
mindsets in the workplace companies have to
strictly follow the above-given pillars.
Innovation can only happen when an organization
embraces the way things could be and lets go of
the way things are. The staff should learn to
embrace the nuances in an already established
idea and alter them for the better.
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Innovation at the basic level is what ifs,
these are just ideas that may or may not work.
After brainstorming and producing these ideas,
companies have to go through a trial and error
program to choose the best. But when you think of
an idea, you modify it, process it, and
experiment on it to mold it into an even better
and bigger product or concept. This end product
is the fruit of your innovation.
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How do Creativity and Innovation Enhance Business
Growth
Raw intelligence can only get you to the moon. To
reach the stars you need to work hard and grow
with every mistake. Creativity and innovation are
the best tools to possess in a business venture. 
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Creativity and innovation management lead to the
overall success of an organization since its
better to have a task force of hardworking
creative individuals than a few intelligent
workers. 61 of workers in a survey stated they
are embracing open innovation.
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Conclusion
MIT ID Innovation Programme curates knowledge and
experiences that challenge the very paradigm of
evolution. And that's why we have set out to
define the future of industries, communities,
cities and ecosystems. MIT ID Innovation offers
the best Innovation Courses and Design Thinking.
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