Innovation, a requirement to be on the cutting edge in today’s corporate world, has been defined in several quarters.
For example, according to Concise Oxford Dictionary, Innovation is the introduction of something new, i.e. the act of changing something established by introducing new methods.
Business DictionaryTM defines Innovation from a business standpoint as follows: Innovation is the process by which an idea or invention is translated into a good or service for which people will pay.
Summarily, innovation is the generation of tangible value from an intangible or abstract invention or idea. It is the entire process of proving and adding practicality to stated theories- the conversion of variables into valuables.
Management guru, Peter Drucker once said about the subject, “Innovation is the specific instrument of entrepreneurship- the act that endows resources with a new capacity to create wealth.”
Summarily, innovation is the generation of tangible value from an intangible or abstract invention or idea. It is the entire process of proving and adding practicality to stated theories- the conversion of variables into valuables.
Clearly, the innovative spirit is a must-have to be relevant in today’s business world!
Innovation is however not a function of age or academic qualifications, as there are many matured and highly educated people who cannot apply their knowledge, expertise and experience accurately to generate value amidst changing demands of life.
Rather, according to scriptures, the Innovative spirit is an expression of the wisdom of God in man.
Job.32:8-9 (AMP) But there is [a vital force] a spirit [of intelligence] in man, and the breath of the Almighty gives men understanding. It is not the great [necessarily] who are wise, nor [always] the aged who understand justice.
Do you wish to be more innovative at work, at home, in business or in life generally?
It begins by asking God…
Jam.1:5 (KJV) If any man lacks wisdom let him ask God…
Prayer:
Surely Lord, it takes something beyond the ordinary to bring out tangible value from a pile of nothingness like You did at creation when the world began. Please breathe and grant Lord that Your Innovative Spirit be birthed in me. Amen.
Funmi Adebayo © 2010
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Reading this blessed me oh! we just use some words but dont even understand its depth until we read posts like this that helps awakens something new in us ,Thank you MA God Bless u
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Reblogged this on EACHDAYONLINE and commented:
As the year closes, we need to be more innovative than ever to be on the cutting edge in the coming year.
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