Home Features Mastermind Videos About Advertise Blog Network Contact
   

Have A Suggestion?
Toronto Salsa Classes / Toronto Salsa Lessons Email us your ideas on how to make our website more valuable! Thank you Sharon from Toronto Salsa Lessons / Classes for your suggestions to make the newsletter look like the website and profile younger entrepreneurs like Jennifer Lopez and Sean Combs!
Have A Suggestion?

Featured Ebook


ebook Famous Entrepreneurs - Modern Empire Builders


Featured Ebook

More Evan Carmichael
Have A Suggestion?

Sales Lessons From Starbucks And Dell

Generating Ideas



Generating Ideas
   

Generating Ideas In spite of the volatile nature of conducting business in today’s global environment, there is an inherent consistency that earmarks the start of a growth cycle. Business strives for a certain predictability that allows it to become efficient and effective at the use of its resources. The downside of such an achievement is the unintentional lack of support for new ideas. This is an ongoing irony since the very lifeblood of business is found in the support and pursuit of ideas. All businesses go through a fractured, frenzied, chaotic, shoot-from-the-hip, try-anything, start cycle. If it actually survives that phase and moves to actual market penetration, customer response and profit, a funny thing happens. The business runs the risk of becoming victimized by its own success. As the story is often told, back in the 1950’s a CEO of an Airplane Propeller manufacturing company was asked his opinion of jet engines. His response was “The engines are too noisy, they burn too much fuel and, besides, we’re in the airplane propeller business.” So, the fate of his company was sealed the moment he locked onto the one idea that had determined his success. It is a predictable pattern that has sedated many businesses into a comfortable coma. The ultimate awakening is the recognition that your business has been out of it for a while and there is no recovery (remember Ollie Fretter and Highland Appliance?).

While the understandable need for internal predictability is essential to driving the engine of any successful business, the real challenge lies in not allowing that predictability to blind the business to new ideas. Rather than rest on the supposed laurels that comes with being the best dry-cleaning business in the area or the largest software developer, business must commit itself to fostering an ongoing ‘workplace of ideas’ in order to reap the full benefits of talented employees. Businesses such as 3M and the W.L. Gore Company have integrated the ‘workplace of ideas’ concept into their culture in ways that allow them to maintain their competitive edge. Sometimes the real secret lies in playing the ‘What if’ game to inspire creativity.

What if your department sponsored a once a month ‘lunch, munch and hunch’ session where the department springs for soup and sandwiches for its employees and during that hour, employees are asked to engage in an ideas free-for-all about any aspect of the business that can be improved?

What if company sponsored sports teams (baseball, basketball, track, golf) were actually composed of employees from different departments so as to increase the likelihood that a cross fertilization of ideas will materialize?

What if ‘passive productivity’ Fridays were replaced with dedicated time to engage in an ‘informal walk and talk about ideas’ with employees beyond your cubed culture?

What if we designed our work environments so the flow of ideas is primarily inward to organizational resources instead of outward to rarely being fulfilled?

As much as the demands of building a business can divert the use of limited resources, ideas are a resource that organizations have in abundance.

During the latter half of the 19th century, the Director of the U.S. Patent office, in what some would describe as a moment of organizational clarity, sent a memo to the President of the United States, directing him to shut down the Patent office because, “All that can be invented, has been invented.” In 2004, over 600,000 patent and new trademark ideas were filed. His memo was a little premature.

Websites:

www.meaningatwork.com

www.betterworkplacenow.com

www.amanet.org

www.1000ventures.com





Generating Ideas - To learn more about this author, visit Lee Meadows's Website.

Like this article? Share it with your friends
[Get Copyright Permissions] E-Mail | Print | More  


Related Articles Related Articles
Top 10 tips for giving feedback
  This short article forms part of the mlh global hr consulting ‘I minute guides’ covering a range of topics that are important in the workplace. In it I outline 10 tips for giving feedback.
A Simple Formula to Guarantee an Instant “Virtual Team” Return on Investment
  Would you like to hire a team but aren’t sure if you can afford to? Use this simple formula to discover how you can afford to hire right now.
How to Instantly Generate Big Ideas That Will Explode Your Business — the Billion Dollar Secrets I Stole from my Previous Employer
  Most people say that you can replicate success by using tried and true methods; many say that copywriting is swiping a few files to replicate success. It works in some cases but if you want to take your success to a...
Spread The Word Your Word
  What's the single most important activity of your life?
Building Trust for Explosive Business Success
  Want to build strong business relationships that lead to explosive success? Focus significant time and energy on building trust with your colleagues, clients and business partners.

Related Forum Posts Related Forum Posts
Re: How to promote yourself in the EvanCarmichael.com Forums Re: How to promote yourself in the EvanCarmichael.com Forums
Join Hand with Developer Join Hand with Developer
Why Inventors Fail Why Inventors Fail
Book: From Edison to iPod: Protect Your Ideas and Make Money Book: From Edison to iPod: Protect Your Ideas and Make Money
New Ideas generator New Ideas generator
First time at EvanCarmichael.com Forums First time at EvanCarmichael.com Forums
Reworking an idea versus stealing prose Reworking an idea versus stealing prose
Business Ideas and Trends Business Ideas and Trends

 
About the Author
Have A Suggestion?

View Author's Blog
Become An Author

View Author's Video
Become An Author

Free Downloads


Lee Meadows's

Complete
List Of
Small-Business-Consulting
Articles

First Name
Last Name
Email
 
If you enjoyed this article, get Lee Meadows's Complete List of Small-Business-Consulting Articles For FREE!
Become An Author