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January 30, 2010 04:59 AM

Categories: Culture

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Barak Kassar

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Joined: 01/30/2010

From a talk given recently in Barcelona..

http://blogs.rassak.com/everythingcommunicates/2009/12/06/introducing-the-law...

Discussion:    Add a Comment | Comments 1-3 of 3 | Latest Comment

January 30, 2010 4:04 PM updated: January 30, 2010 4:17 PM

was that Ricky Schroeder in the video?

I really liked your exploration into "creative risk" - the impact of being trained to look at social risk differently - very insightful - AND Ricky Schroeder's point about putting yourself at risk just by the fact of saying yes to trying a new idea and how that affects your job security. Which speaks to how important the culture of a company will dictate how creativity/new ideas/innovation are either encouraged and nurtured or stifled.

January 30, 2010 4:14 PM

your ROI answer was good - I like to say that there are many ways to measure the success of initiatives - but it depends on the objective - actually that's the change of emphasis I would encourage you to use as a way to flip the question next time its asked - creativity is not what they should be basing the ROI on - the ROI should be on all of the costs of the initiative (of which creativity is only one part of it)...if maximizing ROI is the goal, then your ROI calculation should be including 1) the investment in making sure you have the highest priority insight/unmet need and making sure you have selected accurately the highest economic value target segment 2) making sure you've selected and invested in creating the best idea (product, service, business model) to meet that need and 3) the investment in communicating in a way that connects #1 and #2 and 4) delivery, experience, operations, etc are all part of the equation.

The intention of all of these are to stack the odds in your favor that the ROI will be favorable - ROI on creativity is a trap - intended to be an easy scapegoat - which may just be masking their fear of new ideas.

January 31, 2010 12:55 AM

Raff... your point on roi is interesting. Can you give an example (you can change or blur names to protect the innocent) where that has come up for you and how the equation looked different once you made that distinction

Discussion:    Add a Comment | Comments 1-3 of 3 | Latest Comment

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