Creativity
01.09.23

Fuelling innovation and growth: the crucial role of creativity in business

By
Laura Derbyshire
Founder & Consultant, OSER

Creativity is the ability to think and act in ways that are original, imaginative, and innovative. It involves connecting seemingly unrelated ideas, thinking outside the box, and finding new solutions to problems. It is the spark that ignites the fires of innovation and fuels growth in businesses. Having spent over 20 years working in creative agencies, across global ad campaigns, and with some immensely talented creative people, I remain fascinated by the possibilities of utilising creativity in business.

In today's fast-paced and competitive business landscape, creativity and innovation are not just buzzwords; they are essential drivers of growth and development. Regardless of your industry, embracing and cultivating creativity can lead to higher overall success for your business. When organisations prioritise creative thinking, provide positive feedback, and encourage employees to solve problems creatively, they create an environment conducive to innovation. By embracing creativity, companies open themselves up to new ideas, perspectives, and solutions that can drive business growth.


The Synergy of Divergent and Convergent Thinking

Creativity encourages individuals to expand their ways of thinking. Divergent thinking, characterised by exploring numerous unconventional solutions to a problem, is a key aspect of the creative process. On the other hand, convergent thinkers excel at analysing and reaching accurate solutions. When divergent thinking and convergent thinkers collaborate, problem-solving becomes a "best of both worlds" experience. By combining divergent and convergent thinking, organisations can generate novel and unexpected solutions. These unexpected solutions can directly translate into new products, services, and organisational success.


The Power of an Innovation Team

To further drive innovation, consider creating an innovation team. This team should comprise members with diverse working styles, experiences, and skill sets, whose primary purpose is to come together and innovate. By assembling a diverse team, you can harness the power of different backgrounds, beliefs, and perspectives, ensuring a rich tapestry of ideas. Incorporating cross-functional collaboration within your innovation team can also foster stronger unity and cooperation within your organisation. When people work together towards a common goal, the quality and quantity of ideas increase, leading to more effective and flexible problem-solving.

What might a creative approach to problem-solving in the workplace look like?

A creative problem-solver will use creative techniques to; examine a problem, consider possible solutions, take some time away from the problem to allow other ideas to re-energise their brain.  When they return to the problem, they'll have renewed clarity and be able to zero in on the best solution. Finally, getting others’ verification of the solution’s strengths will ensure that only good ideas will be chosen.

Creativity and innovation are closely intertwined.

While creativity is the ability to generate new and unique ideas, innovation is the implementation of those ideas to create value. Creativity is the fuel that drives innovation, and innovation is the engine that propels businesses forward. Without creativity, there would be no new ideas to innovate upon, and without innovation, creativity remains untapped potential.

Creativity fuels business growth by providing a competitive edge.

In a saturated market, businesses need to stand out from the crowd to attract customers. Creative ideas and solutions allow businesses to differentiate themselves and capture the attention of their target audience. Moreover, creativity can lead to cost savings and increased efficiency. By thinking creatively, businesses can find innovative ways to streamline processes, reduce waste, and optimise resources, ultimately driving profitability and growth.

How can you inspire creative thinking in your business? Creating a work environment that fosters creativity is crucial for businesses to thrive - it needs to be one that celebrates and rewards creativity to motivate employees to think differently. Incorporate playfulness and experimentation, and most importantly - have some fun and see what happens!

If you're interested in exploring how you can facilitate more creativity in your business, then book a call with me.

"Innovation distinguishes between a leader and a follower" %%Steve Jobs%%