4 Jul 2022

178

Creativity and Innovation in Business

Format: APA

Academic level: College

Paper type: Assignment

Words: 273

Pages: 1

Downloads: 0

The book "A Book of Five Rings" by Musashi Miyamoto addresses the aspect of having a strategy in doing something. The principles discussed in the book are applicable to our daily lives. Innovation is an important concept in life which is essential in establishing and running a business. From the book, we see that Miyamoto was innovative in that he developed a way of using two swords at once when fighting. This way, Miyamoto was creative and explored new ideas that would enable him to be a better fighter. An entrepreneur requires this level of creativeness in starting and running a business. 

The lesson of innovation is learned from Musashi (Musashi, 2000) and is applicable in the business of establishing an e-waste company. The idea of using information systems to dispose of waste is in itself an innovative concept that not many individuals have thought of. After setting up the business, it is necessary to continuously improve the business and come up with new ways of delivering services. For instance, it may be required to expand the scope of the company over time and to arrange for disposal of e-waste more effectively and efficiently. The business will need to grow and increase its presence in different localities, and without innovative ideas, this may not happen. It is essential to recognize that the market environment is ever-changing hence need for innovativeness 

It’s time to jumpstart your paper!

Delegate your assignment to our experts and they will do the rest.

Get custom essay

In conclusion, the lessons learned from the book "A Book of Five Rings" by Musashi Miyamoto applies to our daily lives. Innovativeness is an essential concept in ensuring that a company remains competitive in the environment. Setting up an e-waste company will require constant creativeness and innovation. In case an entrepreneur fails to stay creative and innovative, their businesses are doomed to fail. Competitive companies are innovative, and this enables them to grow. 

References 

Musashi, M. (2000). The Book of Five Rings, trans.  T. Cleary (Boston, MA, Shambhala)

Illustration
Cite this page

Select style:

Reference

StudyBounty. (2023, September 14). Creativity and Innovation in Business.
https://studybounty.com/creativity-and-innovation-in-business-assignment

illustration

Related essays

We post free essay examples for college on a regular basis. Stay in the know!

How AI Can Help Retailers Solve Business Problems

The global marketplace is currently more integrated than ever before. This situation presents a never-before experienced opportunity for retailers. Multinational organizations whose sole basis is the internet have...

Words: 2700

Pages: 5

Views: 139

The Natural Organizational Model and the Informal Groups

The nature of an organization is based on different factors such as the environment it is set up in. also, the type of activity it undertakes. This paper will examine the natural organizational model, the informal...

Words: 3009

Pages: 10

Views: 240

Why Pinkberry should focus on making orange and yellow the two prevailing colours

The fact that Pinkberry has evolved from a storefront to a nationally recognized brand makes this franchise of frozen dessert yogurt shops an example to be followed. Yes, the personality of a brand created a platform...

Words: 582

Pages: 2

Views: 94

Ford Motors: Board Presentation For Electric and Hybrid cars Production

Executive Summary The motor vehicle industry in America and worldwide is highly competitive with major players no longer enjoying the dominance that they had had before. Innovation and identification of trends...

Words: 1088

Pages: 4

Views: 130

Home Remodel Project Plan

Project Overview Home remodeling is one of the notable key projects undertake through project management, as a project manager is expected to come up with a clear plan that would help in meeting the expected...

Words: 2152

Pages: 8

Views: 69

How Airbnb Achieved Success

Hospitality industry includes firms that provide lodging and dining services for customers. Many of the businesses in the travel and hospitality industry offer customers with prepared meals, accommodation, snacks,...

Words: 906

Pages: 3

Views: 64

illustration

Running out of time?

Entrust your assignment to proficient writers and receive TOP-quality paper before the deadline is over.

Illustration