Wednesday, October 30, 2013
Creativity & Business
Monday, October 28, 2013
Creativity and Business Innovation
Friday, October 25, 2013
Peter Drucker - "the man who invented management"
Do you still remember during our first class SYS752 with Prof Mardziah, she mentioned an economist named Peter Drucker. Peter Drucker was born in Vienna, Austria in 1909. He got a doctorate in public and international law from Frankfurt University in Germany. He is a retired professor, speaker, consultant, social ecologist and author of 41 published books, which has been translated into 37 languages. He had wrote a regular column in the Wall Street Journal for 20 years. He has published numerous articles in professional journals and publications including The Economist, Harvard Business Review, The Atlantic Monthly, Financial Times, Foreign Affairs, Fortune, Inc.,and Harpers. The BusinessWeek magazine called him as "the man who invented management" and the greatest management thinker of the last century” by Jack Welch. Here are few of his quotes that I think will aspire our mind towards entrepreneurship and innovation:
Thursday, October 24, 2013
Teasers for innovative and creative product inventions
There will be 10 photos of innovative and creative product invention that I found from Pinterest. Who knows our very own product can be featured like this one day? Dream big we must!
Find an innovative solution to today's great problem and make them the opportunities of the future. That is awesome statement which I rephrase from what I found originally from here.
#10 Buy sofa or book case? Let's have both combined. Cool product
Monday, October 21, 2013
Samsung d'light - digital and light
Motivational video ever for creative people and startups..
Sunday, October 20, 2013
Guest Speaker for the upcoming seminar organized by our class
We will be organizing a seminar tentatively on Saturday, 30th November at Dewan Al-Ghazali (DAG) of UiTM Shah Alam. Will put up the flyers once it is ready. More information to come but this particular post is to introduce the invited guest speaker.
We are honored to have CEO of Ofisgate Sdn Bhd to speak for our event. As most of us may already know, Ofisgate is one of the big name in the local IT industry focuses in providing Testing, Auditing, Troubleshooting, Benchmarking and Training Services on Network Infrastructure. In 10 years since it was established in April 2003, Ofisgate has remarkably grown with clients based range from government agencies, telcos, education and enterprises.
We are very much looking forward to learn from the speaker putting all three factors of creative, innovative and entrepreneurship into action and how we can make it big in whatever business we are going to venture. It is going to be very informative sharing and great eye opener for us.
Topping up to the speaker portfolio and the achievement, Ofisgate Sdn Bhd is currently listed as one of "Syarikat Bumiputera Berprestasi Tinggi" under category Systems Integration & Networking of Dana TERAS by TERAJU. Kudos to Ofisgate!
Hopefully everyone will benefit from this event.
Friday, October 18, 2013
Join the innovative thinkers to WIFKL 2013 this November 12-14
Hi, this is coming to my 4th post. My first post I wrote about the meaning of innovative and creative which can be read in here. The second post was a review of Richard Branson pitch on "How Small Business can Innovate", do read it in here. Third post on a must-watch video produced by PUNB for aspiring Bumiputera entrepreneur, view it here.
I purposely positioned the blog posts in sequence as to allow the readers (and myself) to relate with the journey of becoming an entrepreneur. We ought to know and identify if we have the right idea to capture customers' imaginations then proceed with the implementation! We may choose to start small, but hey even one-chair barbershop can go all the way have a great brand and innovate. Moving on with our creative idea and the motivation to venture into entrepreneurship we need to seek for financing thus we have to know the right channels to go for. Next, let's join the innovative thinkers and off we go to WIFKL 2013 this coming November 12-14 in KL Convention Center.
Why participate?
Aspire to be the centre of gathering for innovative thinkers and thought leaders. Gain fresh perspectives to achieving sustainable culture of innovation from key stakeholders and world thinkers.
Some key benefits of attending WIFKL
-Understand the key drivers of achieving excellence in science, technology and innovation
-Construct an effective framework of regulations and policy to propel innovation in public and private sector, societal, urban and rural, corporate and industrial, education, healthcare, transportation and branding
-Utilise innovation & technology as catalysts that will lead to creation of high income nation
-Enculture innovation as the new national, regional and global development strategy
-Establish and strengthen networks of organisations and countries of different development levels to fuel future collaboration and cooperation
-Provide a platform for high-level stakeholders (from the public, private and civil society sector) to share experiences, discuss and deliberate on issues and strategies on inclusive innovation
-Provide business opportunities and investments, both locally and globally
See you there!
Brand marketing campaign
Steve Jobs talk about marketing in the Apple first brand marketing strategy campaign which change and bring the Apple company we know today.
Thursday, October 17, 2013
Must Watch: Kisah Kejayaan Usahawan Bumiputera
I would recommend aspiring Bumiputera Entrepreneur to watch this. It is an eye opener to which financial channels you can opt for. Government is there to help us venturing into business. Forget about the negative comments (know our rights and give it a try!).
To briefly summarize agencies out there to help us:
1. TEKUN
2. Amanah Ikhtiar Malaysia (AIM)
3. PUNB
4. SME Bank
5. SME Corp
6. Perbadanan Nasional Berhad (PNS)
7. MARA
8. MTDC
9. TERAJU
10. EKUINAS
11. MDEC
12. Agro Bank
So which one?
Wednesday, October 16, 2013
Richard Branson on How Small Businesses Can Innovate
Richard Branson
Image credit: iam-davinci.blogspot.com
In case you didn't know, Richard Branson is the founder of Virgin Group, which consists of more than 400 companies around the world including Virgin Atlantic, Virgin America and Virgin Mobile. He is the author of six books including his latest, Like a Virgin: Secrets They Won't Teach You at Business School (Portfolio Trade, 2012).
Some time around May this year, Sir Richard Branson proved that he was a real man after honouring a crazy bet he made with CEO of Air Asia, Tony Fernandes. Both men are fans of Formula 1 racing and made a bet on the Abu Dhabi grand prix (2010), with the loser to dress up as a female stewardess and serve on the winner’s airline.
In a recent article written by him which can be read in here, some how it caught my attention since he was talking about small business. I tend to agree that when think about innovation, we think about blue chip business like in Silicon Valley and technological advances and companies with big R&D budgets. According to him the truth is that even the smallest businesses, from one-chair barbershops to popcorn vendors on the street, are capable of coming up with ideas that capture customers' imaginations. When that happens, you are on your way to building a great brand.
He was in Johannesburg recently, when he heard pitches from many of aspiring entrepreneurs and was reminded of the many different ways that a small business can innovate. "You don't need a big budget: all you need is some ambition and a good idea."
Find something people want, then do it better
Case study: Miles Khubeka has created a brand with a lot of potential. He based his restaurant business on a popular (yet not trademarked) character from a beer advertisement: "Vuyo," an aspiring everyman with a food cart who makes it big. Miles opened a restaurant based on the Vuyo's food offerings, and he is now launching franchises in the form of Vuyo food carts, which other young entrepreneurs operate, spreading the Vuyo name. It's an excellent idea.
Take the old and make it new again
To build a successful business, you don't have to build a new product from scratch.
If you can repurpose an existing product, or if you spot a gap in the market where brands are not offering the improvements to their products that customers would like, there is no reason why you shouldn't step in.
Tell customers about the purpose behind your product
The roots of great brands usually feature a compelling narrative, and sharing your story right from the start can help you to win the support of your community - and their business.
An example is the story of Mmabatho Portia Morudi, who developed her interest in bees when her 87-year-old grandfather took her along on a beekeeping course. Now she is determined to help protect the bees while also building a successful business.
Monday, October 14, 2013
Green Innovation
Wednesday, October 9, 2013
Are you creative or innovative?
Hello Readers, as I was cracking my head on what to write, guess I would better start with the definition. Many could have known the meaning, but some may not even have a clue what's the meaning of these two words. Let's begin.
There’s a lot of confusion surrounding creativity and innovation. You better believe they’re actually different.
I came across to this definition by Jim Link which I think very short and easily understood, Creativity is a skill and innovation is a process. That’s how they differ. The skill of creativity is applied throughout the process of innovation to improve the likelihood of success. The terms are inextricably linked because creativity is critical during the innovation process —i.e., if no ideas are generated, there is nothing to implement.
Taking this to an example, Thomas Edison invented the first commercially practical incandescent light. So, he innovated the creative idea of making practical incandescent light commercially. In other words, he made it real which was originally just an idea into stages of implementation.
Creativity leads to implementation. Innovation requires it.
Innovation requires creativity. It has to work hand in hand that you can’t have innovation without creative thinking. It is common for most people to perceive that creativity happens at the front end of the innovation process. Yet creative thinking are required throughout the process in order to ensure that the concept makes it to introduction to the world in order to capture value. The iPod alone is innovative no doubt about it, but think of all the acts of creative thinking that were required to deal with issues around design, assembly, manufacture, software, user interface, music rights, interoperability, pricing, etc.
Innovation is a team sport
Creative thinking may happen as an individual act or with a team, however, innovation almost always requires people working together to make it happen from different places in an organization or throughout its value chain (for example for a consumer product: consumer research, product development, marketing, manufacturing, finance, sales, distribution, service, etc.). Yes, innovation is a team sport whereas Creativity, not necessarily so.
Creativity vs. Innovation
Teresa Amabile and her colleagues (1996) once wrote that, “All innovation begins with creative ideas… [Creativity] is necessary, but not a sufficient condition for [Innovation].” Yes, creativity is a crucial element required for innovation. But creativity itself, can't never leads to the implementation of an innovation, at least not in an organizational setting. But yet it is crucial to the success and growth of an organization.
So as a leader or management, which would you focus on, creativity or innovation? More often than not these attributes occur together as creative people are also very likely to be innovative. Creativity without innovation may never have any impact because only the latter ensures that new ideas are implemented.
How social media help add power to your innovation efforts?
Saturday, October 5, 2013
Maybe it is all started with.. What If..
A story give us context in which we can design solutions. Glenn Armstrong, VP of Business Innovations at Amway describes the "original" innovation of the Direct Sales model by Amway founders Rich DeVos and Jay Van Andel. If we want to know the future, maybe the best way is to design it.
Tuesday, October 1, 2013
Clayton M. Christensen explains Disruptive Innovation
My all time favourite clip in explaining disruptive innovation. The theory of disruptive innovation was first introduced by Harvard professor Clayton M. Christensen in his research on the disk-drive industry and later popularized by his book The Innovator’s Dilemma, published in 1997. He was also the founder of the Clayton Christensen Institute for Disruptive Innovation (before this was known as Innosight Institute)
Source:
http://www.christenseninstitute.org/
Dieter Rams 10 Principles of “Good Design”
This is a clip from a documentary titled “Objectified”, which was premiered at the South By Southwest Festival on March 14, 2009. In this 3 minutes over clip shows Dieter Rams discusses his design philosophy. Dieter Rams is a German industrial designer closely associated with the consumer product company, Braun as he was the former Design Director of Braun. Rams introduced the idea of sustainable development and of obsolescence (becoming out of date) being a crime in design in the 1970s. He shared his thought that shows why good design is worth it when he introduced the ten principles of "good design". It is a very inspirational as guidelines and can be applied for any designers when designing for example the web, printing or products especially when we put it all into practice. These guidelines are good to use when we’re looking at our work and we’re not sure if others like what we see. A good design is a bread and butter with any innovations, but nowadays it seem been left out or less important during development and production processes. At the end of the clip, Rams says that Apple is one of only a handful of companies existing today that design products according to the Rams' ten principles of "good design". The film was directed by Gary Hustwit.