Professional Documents
Culture Documents
SOURCES OF IDEAS
CONSUMERS EXISTING PRODUCTS DISTRIBUTION CHANNELS GOVT R&D
SOURCES OF IDEAS
Personal interest & hobbies
Many entrepreneurial ventures got their start because of an entrepreneurs love of doing something.
Unexpected Occurrences
Unexpected successes or failures
Incongruities
Whenever a gap or difference exists between expectations and reality.
Process needs
Whenever a demand arises for the entrepreneur to innovate e.g. health foods, time saving devices, govt. regulations.
Demographic changes
Trend changes in population, age, education, occupations, geographic locations etc
Perceptual changes
Change in peoples interpretation of facts and concepts
9. Weve never done anything like that before. 10. Lets get back to reality. 11. Weve got deadlines to meet we dont have time to consider that. 12. Its not in the budget. 13. Are you kidding? 14. Lets not go off on a tangent. 15. Where do you get these weird ideas?
FOCUS GROUPS
Focus Groups are groups of individuals providing information in a structured format. The composition of focus group is usually on the basis of similarity of group members Discussion is targeted on research objectives Video/ audio/ manual note taking
BRAINSTORMING
A group method for obtaining new ideas and solutions. An unstructured process
FOUR RULES TO BE FOLLOWED:
No criticism is allowed-No negative comments, Quantity of ideas is desired, Combinations and improvements of ideas are encouraged.
Brain storming
inventing a new game for the Olympics How to get more tourists into Pakistan how to improve your travel from home to work
http://www.brainstorming.co.uk/t oolbox/downloadbt.html
REVERSE BRAINSTORMING
The process involves the identification of everything wrong with an idea, followed by a discussion of ways to overcome these problems. It is similar to brainstorming except that criticism is allowed. This technique is based on finding fault by asking the question, In how many ways can this idea fail?
elevators move too slow. people think elevators move too slow.
MORPHOLOGICAL ANALYSIS
List the attributes of the situation Below each attribute, place as many alternates as you can think of picking up a different one from each column and assembling the combinations into entirely new forms of your original subject.
IMPROVE A BALL POINT PEN IMPROVE A TEXT BOOK
MIND MAPING
Mind mapping also called spider diagrams represents ideas, notes, information, etc. in far-reaching tree-diagrams To draw a mind-map:
Layout a large sheet of paper in landscape and write a concise heading for the overall theme in the centre of the page. For each major sub-topic or cluster of material, start a new major branch from the central theme, and label it. Each sub-sub-topic or sub-cluster forms a subordinate branch to the appropriate main branch Carry on in this way for ever finer sub-branches.
MIND MAPING
In this method a small notebook-containing a statement of the problem, blank pages, and any pertinent background data-is distributed.
STORY BOARDING
Walt Disney and his staff developed a Story Board system in 1928 Story-Boarding is a popular management tool to facilitate the creative-thinking process When you put ideas up on Story Boards, you begin to see interconnections, how one idea relates to another, and how all the pieces come together.
DO IT
D - Define problem O - Open mind and apply creative techniques I - Identify best solution T Transform
Define Problem
Define your problem precisely
Transform
to implement this solution.