interObservers
Subscribe
  • Home
  • Blog
    • All
    • Blog
    • Business Management
    • Business Software
    • Communication & Skills
    • Economics
    • Finance & Accounting
    • Leadership
    • Marketing & Sales
    • Strategy & Innovation
    • Theories
    cross selling vs upselling

    Cross-selling Vs Upselling (All you need to know)

    generating leads in real estate

    12 Proven Ways of Generating Leads in Real Estate (2022)

    exit interviews questions

    10 Exit Interviews Questions to Help You Retain Top Talent

    incentive theories

    Incentive Theories of Motivation: What Drives Human Behavior?

    consumer packaged goods stocks

    5 Best Consumer Packaged Goods Stocks to Invest In (2022)

    motivators at work

    10 Motivators at Work That Keep You Going

    transformational leadership example

    Transformational Leadership Example (5 Great examples)

    local online marketing

    7 Tips to Get Started With Local Online Marketing

    communicating upwards

    Communicating Upwards: Definition, Benefits, and Example

    barriers of communications (2)

    6 Barriers of Communications and How to Overcome Them

    goal of professional development

    14 Goal of Professional Development Examples

    market targeting examples

    8 Effective Market Targeting Examples

    manager vs supervisor

    Manager vs Supervisor: All You Need to Know About These Positions

    leadership skills for resume

    Top 14 Leadership Skills for Resume

    strength of a leader

    Strength of a Leader: 15 Leadership Strengths Leaders Must Have

    examples of niche markets

    Finding Un-Tapped Niches: 16 Examples of Niche Markets [2022]

    Trending Tags

    • marketing strategy
    • Communication
    • marketing
    • communication skills
    • leadership style
    • leadership roles
    • management styles
    • marketing myopia
    • swot analysis of nike
    • vbout reviews
    • social media management
    • best social media scheduling apps 2021
    • neuromarketing examples
    • Business Management
    • Marketing & Sales
    • Leadership
    • Strategy & Innovation
    • Communication & Skills
  • Business Software
    sms marketing platforms

    5 Best SMS Marketing Platforms for 2022

    Best Cash Apps for Business

    5 Best Cash Apps for Business [2022]

    QuickBook vs Xero

    QuickBook vs Xero: An All-in-one QuickBooks Online Comparison!

    Best Small Business Website Builder

    7 Best Small Business Website Builder for 2022

    Non profit Accounting Software Free

    Non profit Accounting Software Free Options: Top Picks 2022

    Best Software for Payroll

    7 Best Software for Payroll – An In-Depth Guide (2022)

    Best POS System for Small Business

    9 Best POS System for Small Business 2022

    accounting software for small business

    8 Best Accounting Software for Small Business

    Best Accounting CRM

    8 Best Accounting CRM to Streamline Your Business Processes

No Result
View All Result
interObservers
  • Home
  • Blog
    • All
    • Blog
    • Business Management
    • Business Software
    • Communication & Skills
    • Economics
    • Finance & Accounting
    • Leadership
    • Marketing & Sales
    • Strategy & Innovation
    • Theories
    cross selling vs upselling

    Cross-selling Vs Upselling (All you need to know)

    generating leads in real estate

    12 Proven Ways of Generating Leads in Real Estate (2022)

    exit interviews questions

    10 Exit Interviews Questions to Help You Retain Top Talent

    incentive theories

    Incentive Theories of Motivation: What Drives Human Behavior?

    consumer packaged goods stocks

    5 Best Consumer Packaged Goods Stocks to Invest In (2022)

    motivators at work

    10 Motivators at Work That Keep You Going

    transformational leadership example

    Transformational Leadership Example (5 Great examples)

    local online marketing

    7 Tips to Get Started With Local Online Marketing

    communicating upwards

    Communicating Upwards: Definition, Benefits, and Example

    barriers of communications (2)

    6 Barriers of Communications and How to Overcome Them

    goal of professional development

    14 Goal of Professional Development Examples

    market targeting examples

    8 Effective Market Targeting Examples

    manager vs supervisor

    Manager vs Supervisor: All You Need to Know About These Positions

    leadership skills for resume

    Top 14 Leadership Skills for Resume

    strength of a leader

    Strength of a Leader: 15 Leadership Strengths Leaders Must Have

    examples of niche markets

    Finding Un-Tapped Niches: 16 Examples of Niche Markets [2022]

    Trending Tags

    • marketing strategy
    • Communication
    • marketing
    • communication skills
    • leadership style
    • leadership roles
    • management styles
    • marketing myopia
    • swot analysis of nike
    • vbout reviews
    • social media management
    • best social media scheduling apps 2021
    • neuromarketing examples
    • Business Management
    • Marketing & Sales
    • Leadership
    • Strategy & Innovation
    • Communication & Skills
  • Business Software
    sms marketing platforms

    5 Best SMS Marketing Platforms for 2022

    Best Cash Apps for Business

    5 Best Cash Apps for Business [2022]

    QuickBook vs Xero

    QuickBook vs Xero: An All-in-one QuickBooks Online Comparison!

    Best Small Business Website Builder

    7 Best Small Business Website Builder for 2022

    Non profit Accounting Software Free

    Non profit Accounting Software Free Options: Top Picks 2022

    Best Software for Payroll

    7 Best Software for Payroll – An In-Depth Guide (2022)

    Best POS System for Small Business

    9 Best POS System for Small Business 2022

    accounting software for small business

    8 Best Accounting Software for Small Business

    Best Accounting CRM

    8 Best Accounting CRM to Streamline Your Business Processes

No Result
View All Result
interObservers
No Result
View All Result

Innovative Ideas: How to Turn Your Idea into Reality

by interObservers
in Strategy & Innovation
Reading Time: 7 mins read
328 4
0
Share on FacebookShare on TwitterShare on Linkedin
Rate this post

Disclosure: We sometimes use affiliate links in our content, meaning, at no additional cost to you, we will earn a commission if you click through and make a purchase. This helps us offset the costs of paying our writing team and keeping this website running. Thanks for your support!


 

Innovative ideas are the backbone of any successful company. Ideas can come from anyone at any time, and they are what keep your business moving forward. But how do you turn an idea into reality? It’s not always easy, but with a bit of help, it becomes much more manageable! We’ve put together this blog post so you don’t have to spend hours searching for answers or going through trial and error on your own.

This blog post will provide eight steps for identifying innovative ideas and achieving success with them in any industry. You’ll learn how to create innovative ideas, nurture new ideas, validate them, and more!

Get started today on turning your idea into reality. If you’re not sure where to start or what to do next, then this blog post is perfect for you! It’s time to take that idea from just an idea to reality. So without further ado, let’s get started! And don’t forget – we’re always happy to answer any questions along the way, so feel free to reach out anytime 🙂

Table of Contents show
1 What do Innovative Ideas Mean?
1.1 Examples of Innovative ideas
2 How to Create Innovative Ideas
2.1 Ideation: Idea Conception
2.2 Nurture New Ideas
2.3 How To Select A Successful Idea
3 How To Identify Innovative Ideas
4 Conclusion

What do Innovative Ideas Mean?

Innovation comes from the Latin word inovare – which means ‘to make changes’ or ‘to do something differently’ offers a partial answer to what innovation is. There are two types of innovation, one being the act of introducing an idea and giving it life from scratch. The other type is when someone introduces an improvement on what already exists.

Innovation is not just about coming up with new ideas. It can be the act of adapting or modifying existing processes in a way that fosters success, taking risks when developing things or processes, and thinking through problem solutions creatively.

A creative idea is innovative when the idea offers something new or different from what is already available. Groundbreaking and innovative ideas come from combining different perspectives.

Examples of Innovative ideas

There are many types of innovations: scientific inventions like light bulbs and penicillin; technological developments like electricity and smartphones; artistic breakthroughs such as Monet’s impressionism techniques for paintings or Picasso’s cubist approach to art; business ventures such as Amazon or Uber – there has been plenty of innovation in that field too. Inventors, engineers, and entrepreneurs are all innovators who have taken on the responsibility of contributing to society through their creative ideas.

How to Create Innovative Ideas

Ideation: Idea Conception

In order to come up with an innovative idea, there are a variety of methods that can be used. These include brainstorming and mind mapping as well as other techniques like lateral thinking or the creative problem-solving method known as TRIZ.

We all have a goal in mind when we are brainstorming. Having no goal will not make it easier to end the process, and you may never feel like your idea is finished, which can be discouraging. Ensure that you start with some themes or topics to refine something concrete later on.

The key to success in ideation is creating an innovative idea you are happy with and feel has innovative potential. The critical part of the process starts at this point, as it will give your confidence a boost that can help later on when pitching ideas to others for feedback or approval.

Nurture New Ideas

When it comes to generating innovative ideas, you’ve got two options: one is the more traditional way of looking at things and coming up with new approaches based on that data. Another option might be taking opposing thoughts and combining them into a single idea, generating more innovative potential than either thought could have alone. (see image below)

The Burqini is the perfect example of two items coming together to create a more valuable product. The original ideas behind it were that people could simultaneously swim and cover their bodies with one item, which has helped many Muslim women. 

innovative ideas come from combining ideas from different industries, cultures, fields, and disciplines
Innovative ideas come from combining ideas from different industries, cultures, fields, and disciplines

For any idea to succeed, you need determination. You will face many obstacles along the way, and statistics show that most ideas fail at least once before they’re successful. 

Remember not to be intimidated by the brilliance of innovative designs because you typically see their last iteration, which has changed compared to its original concept. This happens through failure. As Frans Johansson said, Picasso made 20,000 (or 50K) artworks throughout his lifetime, while Einstein published 240 papers with a few successful creations. It’s all about numbers when it comes down to being creative. Innovative ideas success happens in numbers (see image below). 

imageedit 7 4369526920 1
Stevens, G.A. and Burley, J., “3,000 Raw Ideas = 1 Commercial Success!”

How To Select A Successful Idea

Don’t put everything behind your first idea! You wouldn’t go to the racetrack and bet all of your money on one horse, would you? Even though we are taught that most innovations come from a visionary who predicted what people need before they do, this is not always true.

When trying to execute a creative idea, you may have to make adjustments along the way. Johansson advises that you take the smallest executable step (smallest bet) in order to minimize risk and avoid giving up everything on your original idea.

Once you define your smallest bet, you know what risks to take. With this information, it is easier to plan a solution for challenges as they arise and use resources more efficiently on the road to success.

Road Map for a successful innovation idea

“Nearly every major breakthrough innovation has been preceded by a string of failed or misguided executions.”

Frans Johansson.

Innovation is a tricky balancing act between strategic planning and execution. But you have to keep moving forward, even if you fail. That’s the only way to succeed!

While strategy is crucial, taking too long with the planning phase can set you back. Stay motivated and forward-moving–through failure–will lead to success.

It’s crucial to find the perfect balance between executing your ideas by yourself and getting creative input from others. This will help you take your innovative ideas even further.

How To Identify Innovative Ideas

How To Identify Innovative Ideas

Innovation idea is doing something new, creative, and different to improve a situation. It’s taking an existing idea and making it better in some way. Everybody has lots of ideas-some good, some mediocre, but only a few are actual innovations. The following 8 points can help you identify genuine innovation from merely “good” ideas:

1. Ask yourself, Would people like it enough to share with their friends? If the idea is innovative and helpful, then you’ll have more than one person telling others about how they love your product. This will lead to word-of-mouth marketing, which means that there’s likely a good chance for success in this venture.

2. Is the idea solving a problem that most people have? When you’re dreaming up an idea, it’s easy to feel like your thoughts are original and new. But what if they aren’t? It can be difficult for a novice entrepreneur to know the difference between innovation and imitation–especially when some ideas might sound similar to those done before. The key is exploring how other people perceive you and staying true to yourself while finding success by questioning every thought or idea until it feels right-then. Go out into the world armed with confidence!

3. Is the idea enhancing an experience, making it more fun or valuable for someone else? The innovation will be something new and helpful.

4. Does your idea bring together different ideas in one product or service? Innovation often includes combining concepts to create something better than what currently exists. For example, Google Maps and Waze are examples of innovations in mapping technology.

5. Does your idea remove an obstacle for people? Is it a solution to a problem that’s been bothering them for years without any solution yet? Innovation will be something new and helpful. It might take time to catch on, but there is potential to demonstrate that it solves a problem that people have.

6. Does your idea make life easier for someone? It’s innovation if the idea can help solve problems or create new opportunities in unexpected ways. For example, Amazon Echo is a voice assistant inside a speaker and home automation hub designed to organize daily tasks like setting alarms, playing music, listening to the news, and ordering goods.

8) Does this idea make sense for the market/industry you’re targeting? Does it feel like your target audience would be receptive to that kind of advertisement or promotion plan?

A key question for innovation validation: “Does my idea solve a problem that is worth solving?”

The best way to know whether it is an innovative idea or not is through trial and error. If you can put the idea into practice with a prototype or other form of testing, it’s possible that it could be considered innovation. It all depends on what sort of outcome your project produces!

You now have some tips on knowing if you have an innovative idea and what sorts of things work as innovations. It’s time to get started!

Implementing an idea can be challenging, but it’s all worth it when the ideas you have come to life. The best way to make your idea tangible is by prototyping and testing!

Conclusion

We hope this post has given you some ideas for ways to turn your innovative idea into reality. Remember, if something doesn’t work the first time around, it’s not a failure! It just means that there are new lessons to be learned.

The most important thing is that you keep trying until you get what works best for your business. If any of these steps sound daunting or confusing, don’t hesitate to reach out to our team with questions – we’re always happy to help! You can also visit us on social media, where we share more tips about innovation and marketing strategies every week.

Related Article: 10 Sustainable Business Ideas… One Is Not Enough (2021)

Tags: an innovative and value added idea for professional developmentbusiness innovation examplesdescribe an innovative ideaeu4 innovative ideashow to come up with innovative ideashow to generate innovative ideasinnovation definitionInnovative business ideasInnovative ideasinnovative ideas definitioninnovative ideas eu4innovative ideas for projectsinnovative ideas for studentsinnovative ideas in technologyinnovative refers to a personknow whether your idea is an innovationwhat are innovative ideaswhat is innovative ideaswhat makes an idea or invention innovativewhat makes an idea uniquewhat makes your project innovative
How to Create a Collaborative Envir...

To view this video please enable JavaScript, and consider upgrading to a web browser that supports HTML5 video

How to Create a Collaborative Environment
Previous Post

The 15 Most Eco Friendly & Sustainable Companies (2021)

Next Post

How to Create an Outstanding Lean Management Plan for Your Business

RelatedPosts

Reintermediation

What Is Reintermediation? | Definition and Explanation

Have you ever heard of reintermediation? Here's a definition and explanation of what it is, plus some benefits you can expect from using it in your business.

Collaboration Strategies

15 Collaboration Strategies for a More Productive Workplace

Are you looking for ways to work more productively with your team? Check out these 15 collaboration strategies to help you achieve great results.

Experimentation

What is Experimentation, and Why Is It Crucial for Businesses Today?

In the business world, experimentation is vital. You never know what will work until you try it. This is especially true in the digital age, where things are constantly changing...

0 0 votes
Article Rating
Subscribe
Login
Notify of
guest
guest
0 Comments
Inline Feedbacks
View all comments
Table of Contents show
What do Innovative Ideas Mean?
How to Create Innovative Ideas
How To Identify Innovative Ideas
Conclusion

Recent News

cross selling vs upselling

Cross-selling Vs Upselling (All you need to know)

generating leads in real estate

12 Proven Ways of Generating Leads in Real Estate (2022)

Category

  • Blog
  • Business Management
  • Business Software
  • Communication & Skills
  • Economics
  • Finance & Accounting
  • Leadership
  • Marketing & Sales
  • Strategy & Innovation
  • Theories

Newsletter

About Us

interObservers is a blog that helps you succeed. We provide actionable tips, tools, and resources to help you start, run and grow your business.

  • About Us
  • Contact
  • Privacy and Policy
  • Terms and Conditions

© 2021 interObservers

No Result
View All Result
  • Home
  • Blog
    • Business Management
    • Marketing & Sales
    • Leadership
    • Strategy & Innovation
    • Communication & Skills
  • Business Software

© 2021 interObservers

Welcome Back!

Sign In with Facebook
Sign In with Google
Sign In with Linked In
OR

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Sign Up with Facebook
Sign Up with Google
Sign Up with Linked In
OR

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
wpDiscuz
0
0
Would love your thoughts, please comment.x
()
x
| Reply