Advice to Son


I advise my son to make mistakes because I want him to grow by making mistakes

I want him to make mistakes because mistakes are lessons of wisdom; portals of discovery and they show what needs improving

I want my son to make mistakes because mistakes are more honorable than a life spent doing nothing

I want my son to make mistakes, make mistakes, and make mistakes over and over again because mistakes are part of creative process.

I want my son to make mistakes because thus he will learn; and if he stopped making mistakes he will stop learning.

I don’t want my son to avoid situations in which he might make mistakes; rather, I want my son to sit at the feet of mistakes

My Consultancy–Asif J. Mir – Management Consultant–transforms organizations where people have the freedom to be creative, a place that brings out the best in everybody–an open, fair place where people have a sense that what they do matters. For details please visit www.asifjmir.com, and my Lectures.

Knowledge Expands Enthusiasm


An old truism tells us the more we know about something the more we don’t know. Each new discovery in medicine or engineering or physics raises more questions than it answers. Knowledge also increases enthusiasm.

The more we explore space, the deeper our cameras see, and the more we discover about the structure of matter, the greater is our enthusiasm to learn still more. Enthusiasm comes with knowledge. Most people are bored with the idea of collecting stamps until they know answers to questions such as who decides what image appears on a stamp and why, how many stamps are issued each year, what makes some stamps exceptionally valuable, who invented stamps, and why all stamps are not the same size.

Knowledge does supply motivation and enthusiasm to learn more. We take an important step toward developing enthusiasm when learning more about a person, a thing, or an idea. Ignorance inhibits enthusiasm; knowledge expands it.

My Consultancy–Asif J. Mir – Management Consultant–transforms organizations where people have the freedom to be creative, a place that brings out the best in everybody–an open, fair place where people have a sense that what they do matters. For details please visit www.asifjmir.com, and my Lectures.

 

Innovation Defined


Innovation is the use of new knowledge to offer a new product or service that customers want. It is invention together with commercialization. It is a new way of doing things (termed invention by some) that is commercialized. The process of innovation cannot be separated from a firm’s strategic and competitive context. The new knowledge can be technological or market related. Technological knowledge is knowledge of components, linkages between components, methods, processes, and techniques that go into a product or service. Market knowledge is knowledge of distribution channels, product applications, and customer expectations, preferences, needs, and wants. The product or service is new in that its cost is lower, its attributes are improved, it now has new attributes, it never had before, or it never existed in that market before. Often the new product or service itself is called an innovation, reflecting the fact that it is the creation of new technological or market knowledge.

Innovation has also been defined as the adoption of ideas that are new to the organization. Generating good ideas or adopting a new one, in and of itself, is only a start. To be an innovation, an idea must be converted into a product or service that customers want. Coming up with the idea or prototype—invention—is one thing. Championing it, shepherding it, and nurturing it into a product or service that customers want is another. Innovation entails both invention and commercialization.

A distinction has also been made between technical and administrative innovation. Technical innovation is about improved products, services, or processes or completely new ones. This contrasts with administrative innovation, which pertains to organizational structure and administrative processes and may or may not affect technical innovation. Technical innovation may or may not require administrative innovation. A technical innovation can be a product or a process.

Product innovations are new products or services introduced to meet an external and market need whereas process innovations are new elements introduced into an organization’s production or service operations—input materials, task specifications, work and information flow mechanisms, and equipment used to produce a product or render a service.

My Consultancy–Asif J. Mir – Management Consultant–transforms organizations where people have the freedom to be creative, a place that brings out the best in everybody–an open, fair place where people have a sense that what they do matters. For details please contact www.asifjmir.com, Line of Sight