How to Develop Better Business Ideas
Is Your Organizational Leadership Stifled?
Business Leaders Think!by Loreen Sherman, MBA
Expression of thought is a very important factor in organizational development. Thought leads to ideas which in turn leads to new product development, new solutions and new ways to gain a competitive advantage. New ways to express products... New expression for new services...
What Challenges Are to be Faced in Thought Creation?
The structure of many organizations prevent research and development because of limited funds and resources. Another challenge is that the levels of communication are complex to get grants, loans and additional help. This complexity can create a confusing platform that many are intimidated by.
Challenge 2: Resources are Not Optimized
Thinking is a natural state of mind but brain-storming requires structured and unstructured thought. Knowledge preservation is important to capture meaningful engagement from all considerations. For example, a team member may have a proposal idea but if the idea is not expressed within the proper frameworks then it will not be considered. Expression requires frameworks. This is one of the main reasons why many firms are unable to take advantage of their innovation or creativity. Too often the human resources are not optimized.
Challenge 3: Knowledge and Information Capture Not Stored Adequately
Many ideas are expressed but are not followed through. The end goal of a brain-storming session is to have results. Measurable and attainable results. Knowledge capture must record and administer measurable steps to implement the ideas created; otherwise the creativity within the organization is lost.
List of Action Steps to Store Your Next Organizational Leadership Idea(1) Write the idea down.
(2) Assign a level of priority to the idea.
(3) Assign a date of action for employment of idea.
(4) Determine who the best stakeholders are to discuss the idea with.
(5) Schedule follow-up discussion to determine benefits, costs and risks.
(6) Ask if the new idea is in alignment with your organization's values and mission.Get more business support with development courses, modules and seminars to learn how you can be more creative.
Many Ideas But How to Pick Choice Ones?
How profitable will your idea be? Are there buyers or people interested in your product, if so, how many? This question is a good starting point to begin your market research.
Don't delay get the help you need to improve your idea! Call 1.877.896.7292 and ask for a free 10-minute consultation with Loreen Sherman.