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Creativity and Innovation for Small Business

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:

Continue to deliver products and/or services that are valuable to your customers
Establish yourself as a market leader
Build a more vibrant and engaged workforce
Become an expert at identifying and acting upon great ideas

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.
Try: Ten Ways to Spark Creativity will help you jumpstart the process. Go to Invention-Help.com for some simple brainstorming tools. 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.
Try: 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.
Try: 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.
Try: 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.
Try: Follow the University of Washington's Principles for Successful Employee Recognition.

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.

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Tips & Advice to help you make your decision on Creativity and Innovation

Creativity and innovation are the cornerstones of all successful businesses. When thinking about starting a business you must start with your imagination. Think about what service or product you would like to see available but does not currently exist. This may mean designing a completely unique product or service or improving upon an existing product or service. Once you have determined what product or service you will be marketing, use your innovation to decide how you will create a profit-producing business model around this product or service.

A business plan is an important first step in designing a business. Although some business plans are quite lengthy, you can create a ... more

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