Author Archives: Paul Sloane

Radovation and Incrovation

Francisco González Bree, Academic Director for the Master of Business Innovation (MBI) course at the University of Deusto in Spain says, ‘ The term “innovation” is losing its genuine meaning because many companies are using it to convey change when the progress they are describing is no more than ordinary.’

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What's the Difference between Creativity and Innovation?

I still hear people mixing up creativity and innovation so let’s clear it up once and for all: Creativity is thinking of something new. Innovation is implementing something new. It is quite simple. If you generate 500 great ideas in a brainstorm then you have shown super creativity. But there is no innovation until you actually implement something. To put it another and more flippant way – creativity is free but innovation costs money.

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