Creativity and Innovation Management is a tool that gives managers insights into introducing innovation within their organizations. To know more details, visit us at : https://mitidinnovation.com/recreation/an-overview-of-creativity-and-innovation-management/

1. An Overview of Creativity
and Innovation
Management
MITID Innovation

2. In an ever-growing and competitive world,
creativity is the best tool for success. But
it should be properly utilized. Without
good management companies will find a
decrease in their profits, even if they have
good creative ventures. This blog aims to
introduce and explain the very significant
topic of creativity and innovation
management.

3. It is a tool that fills the gap between the
theory and practical applications of
organizing imagination and innovation. It is
a tool that gives managers insights into
introducing innovation within their
organizations. It also helps in boosting the
development of the creative performance in
their staff. 94% of managers look for
creativity while enrolling candidates.
What is Creativity and Innovation
Management

4. There are five pillars in creativity and
innovation management. These are:
Communication: Make it clear how much
you/the company values innovation. Create
an innovative platform where everyone can
brainstorm and share their ideas. Through
communication and a sharing of common
space, build trust and loyalty.

5. Time: Manage time between projects.
Make a setlist of hours that the staff can
spend working on their own projects,
which can boost their creativity while
working on the company projects.
Control activity: Control the amount of
work that is given to be completed on a
deadline. It’s important to not overload
the epmoyees’ mind with work during
creative hours.

6. Control results: The work assigned and the
results it yields should have a clear balance.
One should not compromise the other.
Recognition for the best work: All
employees fancy a little appreciation. Hand
out awards and certificates for the best work
as a reward for their hard work.

7. To encourage the best creative and
innovative mindsets in the workplace
companies have to strictly follow the above-
given pillars. Innovation can only happen
when an organization embraces the ‘way
things could be’ and lets go of the ‘way
things are’. The staff should learn to embrace
the nuances in an already established idea
and alter them for the better.
What are the Creativity and
Innovation in the Workplace

8. Innovation at the basic level is ‘what ifs’,
these are just ideas that may or may not
work. After brainstorming and producing
these ideas, companies have to go through
a trial and error program to choose the
best. But when you think of an idea, you
modify it, process it, and experiment on it to
mold it into an even better and bigger
product or concept. This end product is the
fruit of your innovation.

9. Raw intelligence can only get you to the
moon. To reach the stars you need to work
hard and grow with every mistake.
Creativity and innovation are the best tools
to possess in a business venture.
How do Creativity and Innovation
Enhance Business Growth

10. Creativity and innovation
management lead to the overall success
of an organization since it’s better to have
a task force of hardworking creative
individuals than a few intelligent
workers. 61% of workers in a survey stated
they are embracing open innovation.

11. MIT ID Innovation Programme curates
knowledge and experiences that
challenge the very paradigm of evolution.
And that's why we have set out to define
the future of industries, communities,
cities and ecosystems. MIT ID Innovation
offers the best Innovation Courses and
Design Thinking.
Conclusion

12. We’d love to
hear
from you.
MIT INSTITUTE OF DESIGN
Rajbaug,, Loni-Kalbhor, Pune-412201
innovation@mitid.edu.in
+91-7038982225 / +91 9834092369