The primary functions of innovation are to solve problem and value creation. An innovation skill is the ability to do both of the functions – recognize when a problem require solutions and something potentially valuable is happening and then figuring out how to make it works. The first step is to have a good idea. Good ideas come from having a clear, concise and compelling “hunch” about what people want and need.
he corporate ladder. Let’s suppose a guy gets to be a manager and then he decides to move up to being an executive vice president. What happens as he does this? Well, as far as I can tell, something like this usually occurs:
“First Principle thinking” means using the first thoughts that pop into your head when you are asked to solve a problem. It is a very useful tool for getting your brain working on a difficult problem and generating ideas.