Innovation and Enterprise Report: Evaluating Idea Generation Methods

This report delves into the critical role of idea generation in innovation and enterprise. It begins with an introduction discussing the importance of generating new thoughts and concepts, followed by a main body that explores the discussion of a specific statement, relevant literature, and the evaluation of different options. The report then takes a stand on the effectiveness of certain techniques, justifying the chosen approach. The discussion incorporates various idea generation methods and their impact on problem-solving and collaboration, drawing on literature to support the arguments. The evaluation includes methods like SWOT analysis and evaluation matrices, to assess the viability of ideas. The report concludes by recommending further research and the use of digital techniques to manage future challenges and opportunities, emphasizing the importance of leadership, adaptability, and stress tolerance for individual and organizational success. References from books and journals are also included to support the findings.

Innovation and Enterprise

Table of Contents
INTRODUCTION...........................................................................................................................3
MAIN BODY...................................................................................................................................3
Discussion of statement...............................................................................................................3
Discussing relevant literature associated with the topic.............................................................3
Evaluating options.......................................................................................................................4
Taking a stand.............................................................................................................................4
Justification of stand...................................................................................................................4
CONCLUSION................................................................................................................................5
REFERENCES................................................................................................................................6

INTRODUCTION
In the highly competitive world innovative ideas are what that differentiate a individual
from rest of the people. Idea generation is a creative process that constitute the generation,
development, and communication of new thoughts and concept, which is the basic strategy of
innovation. In the current report briefly examination of author .” (Owen Hunnam, 2019)
statement will done. With the help of the statement discussion relevant to literature review and
evaluation of the options the report will be done.
MAIN BODY
Discussion of statement
“As an individual activity, idea generation techniques are a great way to shake up
your routine and spark new thoughts the reflective statement discussed states that it
is the creative process that will help in developing and communicating new
thoughts & concepts which is important part for innovation strategy. The line will
help in finding new challenges, inspiration in routine of perpetually conducive
ideas. Traditional mind map is the best technique which will assist in combining
ideas in new and useful ways and by union of different ideas can be transformative
as a mode for problem solving and cooperation. Doing more research will lead to
finding new ways which are used in future also when and whenever it is used.
Discussing relevant literature associated with the topic
As per the opinion of Scott, B., Loonam, J. and Kumar, V., (2017) idea generation
technique is very important to find out the new way for problem solving and
collaboration. This will also help individual in promoting new ideas at the time of
doing research there are so many ideas which can be used for future prospective
which will lead to betterment of the firm. Further it is the tool which will also help
in finding what are the innovative ideas that are their in individual minds.

On the other side Haseeb, M., and et.al, (2019) states that new generation
techniques will make employees confident, well spoken, coordination among
teams, critical thinking that means individual will able to think the concept of
career and were the workplace is changing, excellent communication skills and
cultural understanding. Along with this individual can also use mind mapping
method, group action in reverse and study as a group.
Evaluating options
Their are various ideas which individual can use to evaluate new generation
techniques which are doing research with the help of websites, links & apps and by
doing swot analysis, and the most successful innovation management is evaluation
methods that are related to team effort and individual decisions (Jia, M., 2018). With
the help of pass fail evaluation thousands of ideas on a popular issue are pool down
to manageable levels along with the evaluation matrix is array help in comparing
the idea with set of criteria. Idea of development which includes ideas that are
depended on nature of firm, case preparation, prototype, project management and
test marketing that can be used for the option of new generation technologies that
enhances the revenue profit for the company.
Taking a stand
By using this technology if the individual will have innovative ides the
person can take a stand by improving performance and skills. It can be utilized in
forming new structure and business and learning different language and needs by
engaging training events
Justification of stand
It can be stated that new generation technique contribute in finding
different ways or methods through which particular task can be completed further
it can be justify that such in transformative helps in bringing several changes with

the organisation through that an objective can be achieved (Lee, C. and Lee, G.,
2019). They are theoretical framework to design a decision and it is an art of
coming up with new and innovative ideas that will be used for organization
benefit. It is the generation for creating, developing and communicating conceptual
or modality ideas. Focuses on coming up with manageable solutions to perceived
or effective problems and chance. Justification of this statement is done with the
aim to create large quantity of ideas that team can use by cutting down it in the
best that is most functional or progressive individual to inspire new and improved
ideas and products.
CONCLUSION
It can be recommended that in future the individual can research for more innovative
ideas. The use of digital techniques can also be to handle for the excess of opportunities and
challenges that will come in future by giving proper judgement and decision-making and
converting it in creative and innovative manner. The individual can be active in learning
strategies like leadership and social influence. Also have the ability to tolerate stress, flexibility
and elasticity that should be done for the betterment of the company.

REFERENCES
Books and journals
c7. Exploring the rise of blockchain technology: Towards distributed collaborative
organizations. Strategic Change. 26(5). pp.423-428.
Haseeb, M., and et.al, 2019. Industry 4.0: A solution towards technology challenges of
sustainable business performance. Social Sciences. 8(5). p.154.
Jia, M., 2018, December. Constructing a New Idea of Human Resources Sharing Under the Era
of" Internet+". In 2018 3rd International Conference on Education, E-learning and
Management Technology (EEMT 2018)(pp. 424-427). Atlantis Press.
Lee, C. and Lee, G., 2019. Technology opportunity analysis based on recombinant search: patent
landscape analysis for idea generation. Scientometrics. 121(2). pp.603-632.