Creative culture comes from within



I don’t want to burst anybody’s bubble, but I’m afraid that it is already too late to come up with the lightbulb, the Post-it note, the iPod or the internet. The same goes for powered flight, the printing press and vaccinations. Even sliced bread has already been done.

Ideas – particularly those that have changed the world or made a great deal of money – are among the most desirable of business attributes. They contain the promise of a market niche, a competitive advantage and a leap in profitability. Not surprising then that some corporations will invest vast quantities of money and time chasing the next great innovation, while start-ups with a burning idea will work night and day to try to capitalise on their potential.

It would certainly be useful if, as an organisation, you could simply employ an ideas department that clocked in for their eight hours each day and churned out a steady and never-ending stream of winning ideas that were fully prepared to take the market by storm. A creative workforce of innovators who never failed to create and who never came upon a challenge for which there wasn’t a wondrously imaginative solution.

The reality is that innovation is a far from dependable source – it won’t happen to a schedule, and its previous appearance in a particular team or individual is no guarantee of future inspiration. Some of the great inventions of history have variously come from the mind of a singular genius; the ridiculous good fortune of its inventor; or the grim pursuit of a concept in the face of near-overwhelming opposition. All are conditions that are exceptionally difficult to replicate in a different time and context, which does beg the question of how any organisation can hope to encourage a leap in its own innovative output.

From a leadership perspective, this has to come down to overall strategy. For innovation to flourish, it has to be a core part of an organisation’s values, which means, in practice, giving ideas the room to breathe.

Corporate creativity is often held back by a fundamental aversion to risk and failure. In the boardroom, this is a fear of pouring hard-earned revenue into projects that might never bear fruit. Lower down, this can be because the organisational culture might leave individuals with a perception of limited freedom to try new things. The company may appear unforgiving of failed ventures or unwilling to recognise the extra effort involved with pursuing something new. It may also simply fail to allow the time for good ideas to develop. If their employees see only fear and no benefit in creativity, then no organisation should be surprised if they appear stuck with the status quo.

Overcoming this fear of failure requires that an organisation look at its risk management processes and at how it responds to setbacks. If a workforce sees that ideas are rigorously pursued throughout an organisation then learnt from whatever the outcome, they are far more likely to embrace the challenges and risks of innovation themselves.

Another part of this is ensuring that your recruitment process is actively looking for creativity – not just for your obviously creative departments, but throughout your organisation. It is important to remember that innovation needn’t be of the scale of a truly earth-shattering idea.

Innovation for many organisations can be as much about refining processes and maximising productivity as it is with giant leaps of creativity, and this is no bad thing. A simple idea on how a basic but crucial work process can be refined could make an enormous difference to the way your organisation operates in its markets.

No organisation has a monopoly on innovation and creativity, and none can claim a consistent and unblemished flow of winning ideas. However, a business that is prepared to place a real premium on innovation and make it a pursuit in its own right is certainly going to have more success than a company that waits for inspiration to strike.

Ahmad Badr is the chief executive of Abu Dhabi University Knowledge Group.

business@thenational.ae

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Company Profile

Company name: Hoopla
Date started: March 2023
Founder: Jacqueline Perrottet
Based: Dubai
Number of staff: 10
Investment stage: Pre-seed
Investment required: $500,000

The alternatives

• Founded in 2014, Telr is a payment aggregator and gateway with an office in Silicon Oasis. It’s e-commerce entry plan costs Dh349 monthly (plus VAT). QR codes direct customers to an online payment page and merchants can generate payments through messaging apps.

• Business Bay’s Pallapay claims 40,000-plus active merchants who can invoice customers and receive payment by card. Fees range from 1.99 per cent plus Dh1 per transaction depending on payment method and location, such as online or via UAE mobile.

• Tap started in May 2013 in Kuwait, allowing Middle East businesses to bill, accept, receive and make payments online “easier, faster and smoother” via goSell and goCollect. It supports more than 10,000 merchants. Monthly fees range from US$65-100, plus card charges of 2.75-3.75 per cent and Dh1.2 per sale.

2checkout’s “all-in-one payment gateway and merchant account” accepts payments in 200-plus markets for 2.4-3.9 per cent, plus a Dh1.2-Dh1.8 currency conversion charge. The US provider processes online shop and mobile transactions and has 17,000-plus active digital commerce users.

• PayPal is probably the best-known online goods payment method - usually used for eBay purchases -  but can be used to receive funds, providing everyone’s signed up. Costs from 2.9 per cent plus Dh1.2 per transaction.

WIDE VIEW

The benefits of HoloLens 2, according to Microsoft:

Manufacturing: Reduces downtime and speeds up onboarding and upskilling

Engineering and construction: Accelerates the pace of construction and mitigates risks earlier in the construction cycle

Health care: Enhances the delivery of patient treatment at the point of care

Education: Improves student outcomes and teaches from anywhere with experiential learning

DEADPOOL & WOLVERINE

Starring: Ryan Reynolds, Hugh Jackman, Emma Corrin

Director: Shawn Levy

Rating: 2.5/5

Feeding the thousands for iftar

Six industrial scale vats of 500litres each are used to cook the kanji or broth 

Each vat contains kanji or porridge to feed 1,000 people

The rice porridge is poured into a 500ml plastic box

350 plastic tubs are placed in one container trolley

Each aluminium container trolley weighing 300kg is unloaded by a small crane fitted on a truck

KEY DATES IN AMAZON'S HISTORY

July 5, 1994: Jeff Bezos founds Cadabra Inc, which would later be renamed to Amazon.com, because his lawyer misheard the name as 'cadaver'. In its earliest days, the bookstore operated out of a rented garage in Bellevue, Washington

July 16, 1995: Amazon formally opens as an online bookseller. Fluid Concepts and Creative Analogies: Computer Models of the Fundamental Mechanisms of Thought becomes the first item sold on Amazon

1997: Amazon goes public at $18 a share, which has grown about 1,000 per cent at present. Its highest closing price was $197.85 on June 27, 2024

1998: Amazon acquires IMDb, its first major acquisition. It also starts selling CDs and DVDs

2000: Amazon Marketplace opens, allowing people to sell items on the website

2002: Amazon forms what would become Amazon Web Services, opening the Amazon.com platform to all developers. The cloud unit would follow in 2006

2003: Amazon turns in an annual profit of $75 million, the first time it ended a year in the black

2005: Amazon Prime is introduced, its first-ever subscription service that offered US customers free two-day shipping for $79 a year

2006: Amazon Unbox is unveiled, the company's video service that would later morph into Amazon Instant Video and, ultimately, Amazon Video

2007: Amazon's first hardware product, the Kindle e-reader, is introduced; the Fire TV and Fire Phone would come in 2014. Grocery service Amazon Fresh is also started

2009: Amazon introduces Amazon Basics, its in-house label for a variety of products

2010: The foundations for Amazon Studios were laid. Its first original streaming content debuted in 2013

2011: The Amazon Appstore for Google's Android is launched. It is still unavailable on Apple's iOS

2014: The Amazon Echo is launched, a speaker that acts as a personal digital assistant powered by Alexa

2017: Amazon acquires Whole Foods for $13.7 billion, its biggest acquisition

2018: Amazon's market cap briefly crosses the $1 trillion mark, making it, at the time, only the third company to achieve that milestone

Sarfira

Director: Sudha Kongara Prasad

Starring: Akshay Kumar, Radhika Madan, Paresh Rawal

Rating: 2/5