THE INSTITUTE OF INNOVATION & CREATIVE MANAGEMENT.
This is a business unit managed and operated by Tiben Technologies Limited, which is a registered company under companies act, and the name INSTITUTE OF INNOVATIVE & CREATIVE MANAGEMENT has been approved by the Director of Higher Education.
HELP our new and existing clients to create REAL and MEASURABLE wealth . This will be attained through guided INNOVATION PROCESS in their respective business operations, or their area of interests.
We coach respective clients ie; teams / individuals from corporate, NGOs, and SMEs to create business opportunities through INNOVATION PROCESS and projects management.
These coaching / trainings will be achieved through:
(b) Short courses,
(c) Innovative and creative news letter,
(d) Visiting innovation lab
(e) Study tours,
(f) ICM. Memberships examinations
(g) ICM. regular lectures.
Why was ICM formed?
(a) To identify and exploit the available business opportunities,
(b) To respond to fast changing life style and environment,
(c) To tap available & well educated human resources,
(d) To reduce break-even period of business projects / SME, and minimize their premature windings,
(e) To create innovative and continuous improvement culture,
(f) To align various abilities with associated targets,
(g) To develop innovative projects in order to attract financial assistances,
(h) To add values to business centres by training of respective managers.
The approaches adopted are real, all participative and original thinking involving facts.
1. Understanding the principles of an innovation culture,
2. Immediate application of the principles of innovation,
3. Innovation audit to establish current facts ,
4. Clarity of where to focus innovation efforts.
THE BUSINESS PYRAMID.
1. AT THE BASE:
Knowledge Acquisition or Learning ;
• Professional memberships
• Study tours
• NEW PROJECT-INNOVATION
2. AT THE MIDDLE :
Business Operations Skills:
• Application of acquired knowledge –Normal Business Operations,
• Acquisition of skills and experience,
• Application of acquired knowledge – New Business Projects-INNOVATION.
3. AT THE TOP:
Business Leadership Skills:
• Custodian of Business Blue Print
• Extremely High Level Business Consultancy
• Market Trends & New Developments
• Policy Developments-INNOVATION.
Permanent Innovation :
Innovation is the process of creating new ideas and turning them into new business and social values.
Permanent Innovation is the process of doing innovation continuously ,as a matter of strategy , method and habit.
The practice of innovation should not be an occasional occurrence , but a repeating process of value creation and organizational adaptation .
Acquiring right innovation knowledge is paramount ,which helps in implementation of innovative projects.
1.There are four types of innovations ,
2. Innovation Methodology,
3.Strategic innovation viewpoints.
INTRODUCTION TO BUSINESS INNOVATION PROCESS.
This is a long term planning similar to other strategies , it indicates the position of business in terms of market share , financial growth , technological development in a specified time period .A well crafted vision must be motivating ,clear and smart .
2. FIND FACTS:
Record all business centres , and perform a thorough innovation audit , to establish the current facts of business ‘ AS IS ’ .
3. DETERMINE THE CHALLENGES & OPPORTUNITIES.
Record the challenges and opportunities arising from innovation audit.
4. GENERATE IDEAS :
In line with business vision , and using correct procedure carry out ideation process to generate required ideas.
5. EVALUATE THE IDEAS :
Subject all ideas to analytical process , and select the best option .
Communicate ,and find acceptance or gain approval and support from stake holders .
7. IMPLEMENTATION :
Put accepted solution / option into actions .
8. MONITOR :
Follow up / monitor implementation .
9. EVALUATE :
Identify and assess the end results.