The stress of the recession is the shortage of capital in circulation;
Banks won’t loan, businesses and consumers cut spending.
Businesses then cut employees and create more work for the survivors.
Time is in shorter supply than capital because time is money and more work has to be done faster.
This is why 47% of manufacturers polled in a recent survey by Global Spec said they put increasing efficiency high on their list. Two ways to create efficiency are better machines and better software.
But these two improvements assume you know the problem. The next step is innovative solutions to problems that haven’t been isolated.
Finding ways to improve Processes, Services, and Products that save time and money require creativeness that over stressed executives often can’t access. The reason they can’t see the non obvious is because they are too busy with their obvious duties.
Michael Bungay Stanier has a book called “Do More Great Work” which replaces the “doing of the required work”. The reason we don’t innovate is we have no free mental time to settle into the creative brain waves from which real innovation springs.
Our brains are powered by beta and alpha waves which fuel the thinking and emotional centers. Real creativity is fueled in the theta and delta waves which are accessed in meditation and sleep.
And in the same manner, creativity should not just be the mandate of the executive class. Everyone should be empowered to innovate. Just as the brain with the proper coaxing can be a well spring of new ideas, so can any organization.
People love to create. They too often are living under strict orders, guidelines, and timelines. Stress squeezes the life out of organic entities.
Someone should be in charge of the innovation process. Innovators in any industry are tomorrow’s leaders. If business becomes more efficient, their cost cutting leads to more profit and more production
Innovation has to create time. If a business can create time for itself or its customers, everyone profits. Creative people are best at innovation. Everyone has creative capabilities that are usually smothered with stress.
How can your organization take responsibility for giving inside or outside sources responsibility for improving Processes, Services, and Products?
Purchase “Do More Great Work“ by Michael Bungay Stangier about $8 at amazon.com
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