ABSTRACT

All organisations accept that they need be creative, just to survive in today's ever-changing environment an environment that is changing faster and more radically by the year. Paradigm shifts occur with frightening regularity for anyone working in the areas of organisation strategy. Innovation is an adaptive process, where the organisation takes on board new ideas and translates them into practical results that benefit the organisation. Benchmarking is a systematic way of finding and bringing in new ideas to an organisation. This chapter explains about ready-aim-fire which started as a military analogy. Ready-aim-fire is a well-balanced problem-solving and decision-making process. Most organisations have an imbalance in this process owing to a combination of their own organisation culture and the aggregate of the personal preferences of their staff. The chapter also discusses engineers who are encouraged to dream up their own projects. Project teams self-form around the best ideas. Market-based principles ensure that the best ideas receive funding.