15 Essential Elements of Creativity in Entrepreneurship

Successful creativity in entrepreneurship is very essential in the present day. The cutthroat competition, scarcity of resources, the high cost of labour and production, and settlement of mutual disputes and success of the employees are such problems which can be settled through new facts, ideas methods and system which can be created by creativity.

Elements of Creativity in Entrepreneurship

Following are the essential elements of creativity in entrepreneurship:

1. Clear Objectives and Providing Autonomy

In earlier days, the role of the entrepreneurs was just to assign the work to the persons and members of their organization, without informing about the objectives.

But in the modern age, the entrepreneur should not tell the objectives to them but should also explain them.

Besides, full freedom should also be provided to all the members and persons to achieve the objectives.

It will facilitate the development of creativity in the organization.

2. To Encourage New Ideas

The entrepreneurship should develop such an environment to bring new ideas at each level and may encourage them.

By doing so, all employees in the organization will get inspiration for deep thinking and will be encouraged to explore new ideas.

3. To Develop Pre-Awakening

Developing pre awakening is also an essential and important element of creativity in entrepreneurship.

By doing so, the persons will work themselves and the managers will also get the work done from other persons.

4. Effective Arrangements for Communication

Effective communication arrangements are essential for the development of creativity in organizations.

The communication method should be sweet and decent, regular And Atmosphere for communication should be favorable and it should be two-way communication.

As a result, the free ideological exchange will be encouraged on the one side and on the other side, the way of finding new facts will also be discovered.

5. To Develop Good Atmosphere in Whole Organization

For the development of creativity in entrepreneurship, the development of a good atmosphere in the whole organization is essential.

For that, the atmosphere of initiatives, pleasures and engagements and funds is required, so that all may feel happy as well as feel inspired for constructive and creative tendencies.

6. Delegation of Powers

An entrepreneur cannot perform all works by himself.

So, the entrepreneur should delegate powers to his subordinates and may also entrust the responsibilities to them.

It will increase their managerial and decision-making abilities and they will fulfill a better role in the organization.

7. To Recognise Individuals in Organizations

Recognition of individuals is also an important element for creativity in entrepreneurship.

The entrepreneur should give due Recognition to the persons as well as the unions, formed for safeguarding their interests, according to the rules and may suitability give rewards for the creativity.

By doing so, creativity will get encouragement.

8. Open Deliberations and Encouragement

The entrepreneur should deliberate openly with other entrepreneurs on all issues.

He should explain his problems and get new ideas to make his mind more creative.

Besides, he should encourage the exchange of views.

By doing so, creativity in the entrepreneurs will get encouragement and their personality will also develop.

9. Recognition to the Proposals of Employees

The proposal or facts submitted by the employee should be given proper recognition to develop creativity in the organization.

This will develop the feelings to do hard work and they will feel inspired to work more with hard labour.

10. To Bear Loss or Failure

It has been observed that the emerged ideas or suggested schemes may prove impracticable sometimes.

It results in the loss of the organization.

But, in such conditions, entrepreneurs should bear such losses or failures, otherwise, the employees will feel disappointed.

By doing so, the path of creativity will show success and it will be a great achievement.

11. To Show Impartial Attitude

The entrepreneur has to make various decisions regarding employees of the organization, like confirming the temporary employees, promotions, transfer from one unit to another, evolution of work and ability, etc.

An entrepreneur should show an impartial attitude and make impartial decisions, based on facts.

Creativity may be developed by using such unbiased attitudes.

12. To Give Sufficient Time to Employees

Sufficient time should be given to use and make additions to the creative abilities of the employees.

Not only that, managers should be systematically encouraged.

13. Diversification of Thinking and Behaviour

The entrepreneurs should keep his thinking and behaviour diversified in various directions.

By doing so, creativity will develop in all spheres of life.

14. To Develop Acceptance of Change

The entrepreneur should develop the concept of accepting the changes in his employees, to develop creativity.

For that, the entrepreneur may make them aware of the latest changes occurring in the internal and external environment and may introduce their mental change, so that they may easily and conveniently accept the changes on their own.

Not only that, but entrepreneurs may also give recognition to them.

15. Use of Suggestion Box in Institution

Suggestion boxes or books should be kept at a certain place in the institution so that suitable and practical suggestions of the employees may come at and they may be implemented on being found useful.

It will bring creativity to the entrepreneurship.

It will inspire the employees to offer further creative suggestions that will be beneficial for the organization.

Thus, now you know the elements of creativity in entrepreneurship.

15 Essential Elements of Creativity in Entrepreneurship

Elements of Creativity in Entrepreneurship