Looking at the book "The truth about Innovation", i got a very clear idea and which many of you know already that although there is much hype these days about the innovation and innovative systems but it has been there for a very long time. Look around you and you will find that whatever you are and where ever you are its just due to the innovation which has been taking place for centuries. it started even before the invention of the wheal.
As the author rightly says that now is the time for innovation boom and later on will be the time for innovation bust. At present innovation is a fashion for some people and for some it is a fact. The reality is that those who believe it as fact are going to succeed in the long run. this is not going to happen due to the belief they have but due to the reason that their belief will make them strategic in such a way that they work towards their own innovative goals and for those who think its a fashion may well stop growing if they don't change their thinking.
Now talking about the Rule1. It says innovation is new stuff and useful and is described as the definition of the innovation and then it says that it is useful for whom and how new is new. So the answer to the first question is that is it useful for the user (you) or not. If i have a new idea but never worked on it or shared it then there is not going to be any innovation but if i do either of the above then it will lead to innovation. the innovation is the basis of growth. if one likes my innovation as compared to the previously existing solutions in the market then its a success.
Now newness is defined in there ways. it may be an incremental innovation, radical innovation or revolutions. the author points out that in fact one leads to the other starting from the incremental to revolutions. A very good point, pointed over here is that a although its not necessary to follow the steps but mostly that's how it works otherwise your innovation is of no use (Example of Divinci drawings of helicopter).
Then idea of independent and dependent innovation is floated. When we mix and match the previous innovations and it needs some pre-existing components then it is a dependent innovation. if it is a standalone product/service then it is an independent innovation. Most of the modern time innovations are thought as dependent innovations just like Iphone. Its software technology is a revolution to the mobile market but this touch technology has been in use in USA by doctors and others in the medical field.
So whenever you are going to innovate always try to answer the above two questions and if the answer turns out to be yes.... then move to rule 2. which will be up soon
Now talking about the Rule1. It says innovation is new stuff and useful and is described as the definition of the innovation and then it says that it is useful for whom and how new is new. So the answer to the first question is that is it useful for the user (you) or not. If i have a new idea but never worked on it or shared it then there is not going to be any innovation but if i do either of the above then it will lead to innovation. the innovation is the basis of growth. if one likes my innovation as compared to the previously existing solutions in the market then its a success.
Now newness is defined in there ways. it may be an incremental innovation, radical innovation or revolutions. the author points out that in fact one leads to the other starting from the incremental to revolutions. A very good point, pointed over here is that a although its not necessary to follow the steps but mostly that's how it works otherwise your innovation is of no use (Example of Divinci drawings of helicopter).
Then idea of independent and dependent innovation is floated. When we mix and match the previous innovations and it needs some pre-existing components then it is a dependent innovation. if it is a standalone product/service then it is an independent innovation. Most of the modern time innovations are thought as dependent innovations just like Iphone. Its software technology is a revolution to the mobile market but this touch technology has been in use in USA by doctors and others in the medical field.
So whenever you are going to innovate always try to answer the above two questions and if the answer turns out to be yes.... then move to rule 2. which will be up soon
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