Term 1, Week 7
Section outline
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Innovation: What's next?
This week you will put your own creative and innovative skills into action by brainstorming and designing a new innovation to your chosen product.
Success Criteria: You will be able to;
- recognise and follow the principles of brainstorming
- understand the characteristics of innovation
- explain how your idea is innovative
Characteristics of Innovation
For something to be innovative in business it must:
- have something new about it. (design, feature, function, colour, size etc)
- be improved. It should offer something different or do something better than existing products
- have economic value. People must be willing to buy or pay for this innovation
Principles of Brainstorming
- Generate as many ideas as possible.
- Defer Judgment. Creative spaces are judgment-free zones—they let ideas flow so people can build from each other's great ideas.
- Encourage Wild Ideas
- Build on the Ideas of others
Activity:
In a group of 2-3 brainstorm an idea for a new innovation to your chosen product. You should create a presentation to sell this idea to some investors. You may draw a poster, create a slideshow. It's up to you. Be creative!