Home » Guides » Management » Innovation » Creativity and Innovation for Small Business

Donna Fenn

Guide to Creativity and Innovation for Small Business

Creativity and innovation put you on the road to market leadership

By Donna Fenn, Author/Journalist

You have to be extraordinary agile to keep up with today's constantly changing competitive environment. The best way to ensure lasting success is to make sure that everyone in your company is encouraged and rewarded for thinking and behaving creatively. Create a culture of creativity and innovation and you will:
  1. Continue to deliver products and/or services that are valuable to your customers
  2. Establish yourself as a market leader
  3. Build a more vibrant and engaged workforce
  4. Become an expert at identifying and acting upon great ideas

Action Steps
The best contacts and resources to help you get it done


Encourage brainstorming and idea generation

Innovation is essentially the introduction of something new - the concrete result of creative ideas. With the right tools, everyone can be taught to think creatively.
I recommend: Ten Ways to Spark Creativity will help you jumpstart the process. Go to Invention-Help.com for some simple brainstorming tools. Go to Innovation Tools for creativity software reviews. To download free creativity software, go to Download.com. For fun and insight, take an innovation quiz on Innovation for Dummies. Try a creativity coach: check one out at Kaizen-Muse Creativity Coaching.

Listen to your customers

Your customers are often your best source of new ideas. Ask them how they'd like your product or service improved, but also master the art of observing them. Look for trouble spots; they're your opportunity for innovation.
I recommend: Follow the steps in Turn Customer Input into Innovation.

Develop systematic methods for evaluating new ideas

Consider all ideas, even the ones that seem a little crazy. But make sure you evaluate them objectively before investing time and money bringing them to market.
I recommend: For step-by-step advice on assessing ideas, go to Planware.org. Also check out The Innovation Managers Check-List.

Protect new inventions

Great ideas breed copycats. First, do a thorough patent search to make sure you're not infringing on anyone else's territory, and then register your own patent or copyright.
I recommend: If you have an idea for a new product, see The Inventor's Handbook to find out whether your idea is patentable. Go to The U.S. Patent and Trademark Office (USPTO) to do trademark and patent searches. Access patent application forms on this page of the USPTO site. File a USPTO trademark application here.

Reward success (and failure!)

Employees need to feel invested in innovation, so reward them for suggesting great ideas that fly and for "failing fast" with ones that don't quite get off the ground.
I recommend: Follow the University of Washington's Principles for Successful Employee Recognition.

Tips & Tactics
Helpful advice for making the most of this Guide

  • Customers can't always articulate their needs, so instead of asking them about your product or service, watch them using it and look for trouble spots.
  • Educate employees about the rules of engagement for brainstorming (i.e. no negative comments!).
  • If you've invented a new product, seek legal advice on patents and trademarks immediately.
  • Great innovation breeds copycats, so stay one step ahead of the competition by innovating continuously, not just once.
  • Prototype new ideas as quickly as possible to give them form and substance.

The official source of Creativity and Innovation for Small Business is
the Creativity and Innovation page at Business.com

Windows Server® 2008 R2 - Free Download
Reduce Costs & Increase Efficiencies Across Your Enterprise. Download Today!
Try It Out | Read White Paper | Get Cost Savings | Learn More
Microsoft.com/WindowsServer2008
Business On Main: Online Community
A Community of Business Ideas, For & By Business Owners. Join Today!
www.BusinessOnMain.com
AT&T Business Solutions
The Information You Need to Start, Manage, Move & Grow Your Business.
www.att.com
Earn From 2.00% to 2.30%
With AA+ Rated GE Capital Corporation. Not An Offer Of Securities For Sale.
For Businesses | For Investors
www.geinterestplus.com

Recommended Solution Providers

IBM: Business Innovation Services
Researchers and consultants have partnered with clients to find solutions for many tough problems, including helping to analyze and optimize value chains, improving collaboration with suppliers, improving inventory management and demand forecasting and analyzing customer information databases to identify the most profitable customers and improve customer service.

M1 Creativity: Creativity Services
Receive creativity and innovation training sessions.

Directed Creativity: Creative Thinking and Innovation
Look to deepen your understanding and begin development of your own tools for creative thinking by exploring the basic principles behind all creativity tools.

The Idea Factory: Innovation Strategy
Provides services focused on transforming the corporate innovation process, taking into account the velocity required to thrive in the corporate world. Our unique products and services have been thoroughly developed, tested and refined.

Creativity at Work: Training, Coaching and Consulting
This provider has a workshop that combines left-brain logic, and research analysis with right-brain imagination and creativity to help you foster and sustain innovation. Use a simple seven step process you and your team can easily apply.

Best Sites to Learn More

IBM: Innovation
Learn what it takes to begin on the path of innovation for your small business with links, tips and advice.

Business Week: Creativity, Strategy and Research
Find research and thoughts about innovation in business.

Experts On: Innovation
Use this resource to get links to articles, tips and advice about innovation.

Best Blogs and Forums

Innovation Tools: Creativity and Innovation Forum
A well visited forum which covers any questions, comments or trends related to business innovation and creativity, brainstorming and strategic planning.

Innovation Tools: Innovation Blog
The latest innovation trends, news, technology, resources and viewpoints. It covers topics including innovation research and best practices and strategies, innovation management, business use of Weblogs for ideation and collaboration

Idea Flow: Creativity and Innovation Blog
The latest commentary and coverage on the field of innovation.

The House of Innovation: Innovation Blog
Read posts dedicated to innovation, make comments and get advice.

Creative Generalist: Inspiration Blog
This an outpost for curious divergent thinkers who appreciate new ideas from a wide mix of sources. Completely random and updated regularly, inspiration drawn from - and relevant to - the larger creative world.

Business Innovation Insider: Daily Innovation Blog
Each day find interesting interviews, case studies and commentary on the theme of business innovation. The focus is on factors that impact innovation: competition, customer experience, intellectual property, and design.



FEATURED LISTINGS

What WorksTM for Innovation

Jason Agard

Competitive Intelligence (CI)

How to find business intelligence about a competitor or run a business background check on a potential client
If you don't fully understand what's happening in your competitive marketplace, it's difficult to make good strategic decisions for your business. Or, if you are simply getting your butt kicked by the competition, it may be time to find out why and what you can do about it. Accurate competitive intelligence can be an invaluable asset. Here are some things you should know about competitive intelligence: It can make or ... Read more

Free B2B search marketing whitepaper, B2B Search Marketing Strategy Guide: Advice From the Pros.
Download

To advertise on Business.com, click here