Creativity Is An Important Human Resource Business Essay Example
Creativity Is An Important Human Resource Business Essay Example

Creativity Is An Important Human Resource Business Essay Example

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  • Pages: 8 (2000 words)
  • Published: October 12, 2017
  • Type: Case Study
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Creativity is essential in organizations as it brings new ideas and solutions. However, creativity alone cannot solve the economic crisis or guarantee competitive business development. While entrepreneurs are often associated with creativity and innovation, research now focuses on how individuals explore opportunities rather than their personal characteristics. Additionally, entrepreneurship requires both creative thinking and business competency. Therefore, individual creativity alone may not always lead to unique and marketable business ideas.If we consider creativity as a key factor in business success, can we also argue that failed businesses or multinational corporations lack creative forces? Research indicates that individual creativity alone does not directly determine the viability of a business idea. Instead, the impact of creativity on the feasibility of a business idea is fully influenced by strategies for searching opportunities, whether through creative approaches or knowledge ac

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quisition methods (Jarna Heinonen et al., 2011). A less feasible business may exhibit employees who struggle to generate innovative ideas, while a competitive and creative approach has the potential to transform struggling businesses into cutting-edge ventures. It is important to note that the concept of creativeness cannot be viewed from one perspective only. Creativity plays a crucial role in successful ventures and is comparable to innovation, which drives the global economy forward. To nurture creativity, it is suggested that efficiency should not be prioritized as the primary working method; instead, engagement, collaboration, networking, and experimentation should be embraced. Although focus, process, and discipline remain significant aspects of creativity's implementation, allowing freedom, disagreement, and even chaos at the onset of a creative endeavor can prove beneficial. Creativity involves generating fresh and diverse perspectives on a subject by deconstructing and reconstructing ou

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existing knowledge about it. However challenging it may be due to its multifaceted nature defining creativity remains an essential task.In this example, Fred did not demonstrate participation, collaboration, networking, or experimentation as an employee. Additionally, he lacked knowledge in the field of Creative Management Skills for business productivity. Creativity is the capacity to generate innovative ideas that result in a different and enhanced comprehension of a subject or situation. In this context, Fred represents the potential of creativity to drive progress. It is not merely about years of service but rather about Fred's absence of creativity and fresh ideas to bring about meaningful change. Creativity serves as a tool for productivity and growth within organizations.

Alvin Toffler discovered that the rapid pace of change was causing "future shock" and societal panic, highlighting the need for businesses to adapt in order to thrive. The future success of an organization relies on numerous factors, one being the power of creativity. To justify Fred's lack of creativity, factors like a lack of interest must be carefully considered. When interest is low, creative abilities are not fully utilized.

Creative work necessitates both passion and some level of detachment from work and ideas. Straying from conventional norms and adopting a multifaceted approach to decision-making can contribute to business growth. Taking a step back from work enables gaining new perspectives on issues at hand. Creativity entails generating ideas that foster better understanding in any given topic or situationSkilled entrepreneurs play a vital role in organizations, using effective creative thinking to tackle important issues like increasing business value and relevance. They also save a manager's time by creating attractive products, boosting staff motivation, meeting

customer needs, cutting costs through improved production methods, and attracting talented employees without high wages. Nowadays, creativity is an indispensable skill for employees to stay competitive in the job market. Enhancing creativity can be achieved through developing skills and participating in self-training programs. Productivity can be boosted via various approaches such as self-improvement and proactive actions. These factors are essential for business growth and increased productivity. The text emphasizes the significance of self-development in a highly competitive environment. It underscores the need for constantly enhancing personal skills to achieve success. Moreover, it highlights that acquiring knowledge is crucial for assessing opportunities and generating business ideas. Furthermore, it stresses the importance of being proactive for entrepreneurs who should act based on facts and anticipate potential challenges. Offering necessary precautions proactively to address concerns about insolvency is vital for achieving efficient efficiency.

Development of Analytical Skills in Employees to Thrive in a Corporate Environment

Employees need to develop their ability to analyze current trends and take appropriate actions within the guidelines of organizational policies. This is crucial for success in a corporate and multi-tasking environment. Proactive competence, an essential managerial skill, ensures stability by providing useful solutions, assessing the company's viability, and implementing effective measures to control unnecessary financial risks.

Being proactive involves evaluating the organization's potential for both short and long-term growth. While creativity surpasses the ordinary and avoids repetitive patterns, proactive competence goes beyond reacting to unrealistic business ideas that could hinder productivity. It means knowing when to act instead of simply reacting.

Proactive behavior entails anticipating problems before they worsen beyond reasonable resolution. On the other hand, being creative means seeing things differently from others but

being proactive allows considering new and different perspectives before issues escalate.

Analytical skills play a significant role in this context as they enable individuals to break down complex situations or problems into manageable parts for better decision-making or problem-solving. Entrepreneurs often rely on analytical methods to find logical solutions to issues and make informed decisions.The critical analysis of past events is crucial for the development and growth of businesses. The need for analytical problem-solving has emerged due to the limitations of linear thinking. This approach involves using techniques such as imagination, analogies, associations, and others to gain insights into problems that cannot be obtained through traditional methods. In management, new situations often require fresh solutions that may be difficult to find through conventional thinking.

However, networking skills are also vital for every successful professional. Networking involves building relationships, promoting business competitiveness, and aligning with top multinational companies for financial transactions. It plays a significant role in advertising business products and services.

To achieve the purpose and goals of the organization, it is necessary to bring employees together and foster proper networking among them. Networking allows for the sharing of ideas and stimulates creativity. It involves a diverse group of individuals who share a common goal – achieving significant success.

Effective networking skills are essential for business growth as poor networking can result in low recognition for a company's products and reputation. Networking is based on trust and serves as the driving force behind business growth where influential people come together to gather ideas for a shared purpose.

Collaboration is also crucial in the field of business developmentThe text highlights the importance of partnerships in obtaining useful insights into business etiquette.

It emphasizes that no single entrepreneur possesses all knowledge and that individual skills and productivity lead to results. Successful business strategies, policies, and decisions are made through creative collaborations, allowing innovative ideas to flourish. Leading professionals effectively communicate and collaborate with rivals to ensure business profitability. Collaboration can be achieved through internal teamwork, where employees work together for maximum success. Major business success is the result of talented individuals with a creative and innovative mindset working collectively. The text also mentions that all major innovations stem from the ideology of creativity despite limitations imposed by regulations and thoughts. Generating ideas is not a random process; they tend to come when actively sought after by people.The text emphasizes the importance of being interested in business and actively seeking opportunities, solutions, and innovations. It highlights that ideas create a clear mental image of the desired future and that as an entrepreneur, it is crucial to know how to utilize this image effectively. The text suggests that relying on "insight" rather than just having ideas is better for problem-solving. Rickards defines creativity as a personal discovery process that leads to new and relevant insights. It compares creativity to untapped petroleum minerals that require insightful techniques to enhance product marketability. The text also states that staying ahead of the competition in a rapidly changing environment is essential for an organization's success or failure. It asserts that insight and understanding of business management can give a company a competitive edge. Market trends determine production levels, with launching products at the wrong time leading to disaster. Experienced entrepreneurs plan their programs based on mid-term, short-term, and long-term quality and quantity demands

while understanding customer and employee thought patterns promotes business growth and survival. Perfect timing plays a significant role in increasing financial revenues, ignoring market trends puts financial stability at risk unnecessarily< h2 > Experiment and Competence: Experimenting minds lead to credible success and innovative inventions. Invention is the act of being creative, resulting in the creation of a device, procedure, or technique that brings about a significant change in technology. Entrepreneurs, who are research scientists, combine newly developed ideas into products. Experimentation involves setting up the necessary product integration scheme and gaining public acceptance. Experimenting also includes knowing how to improve a product's appeal to customers, reducing costs through more efficient production methods, and identifying new and profitable product-market opportunities. Entrepreneurs who experiment create new opportunities for business growth.

Competence refers to the ability to do something well, measured against a standard, particularly skills acquired through experience or training. Skilled and competent entrepreneurs gain a competitive edge for their business. Business success involves the ability to compete favorably with other brands. The competitive skills of entrepreneurs are crucial for business growth, viability, recognition, productivity, and integrity. Competence in business brings diversity in terms of ideas, policies, and productivity that aligns with dominating the market. Skilled entrepreneurs are also competent entrepreneurs who provide developed business plans increasing the resources and capital base of the business.Competent entrepreneurs serve as buffers for businesses and play a crucial role in their development. The text highlights the significance of creativity in achieving success in both business and career. While the mentioned factors may not be officially certified or proven to be creative, they still provide an advantage and serve

as a benchmark for business growth. It emphasizes that creativity is essential for entrepreneurs to remain relevant in different fields of enterprise. Knowledge is portrayed as a universal commodity that can be easily acquired by those who actively seek it. Utilizing knowledge effectively to achieve meaningful results is seen as a practical application of creativity. Being able to see common things from an uncommon perspective and producing unique outcomes using familiar elements are the hallmarks of creative ability which lead to competitive advantage. The text suggests that employees' creative abilities are vital tools for fostering business development. Furthermore, it underscores the importance of self-development training, proactive and analytical skills, along with other effective elements of creativity, for enhancing job function and promoting business growth. In conclusion, the text cites Torrance's definition of creativity as the process of recognizing problems, gaps in knowledge, inconsistencies, and addressing them through seeking solutions, making hypotheses, testing them out, and communicating the results obtained. Ultimately, creativity is demonstrated through how individuals live their lives.Creative entrepreneurs possess the ability to see possibilities in challenging situations and connect unrelated elements, allowing them to invent innovative solutions and embrace new opportunities. In today's information age, creative skills drive the design of structures and processes. Thinking outside the box enables these entrepreneurs to overcome barriers and take an integrated approach to business development. The success of a venture relies heavily on the creative power of ideas, which is beneficial in all areas of management like marketing strategies, production methods, and employee motivation. Creativity is essential for finding more efficient and satisfying ways of doing things. Hence, Fred's creativity has been valuable in driving business

productivity improvements over 15 years. The 21st century heavily relies on information analysis that demands creative thinking. Capable entrepreneurs are responsible for driving change and progress by considering future possibilities in present financial planning. Demonstrating creativity in entrepreneurship involves being aware of issues impacting business development and creating templates for future recovery plans.

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