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Lack of Access to fresh, healthy, and affordable Food (Food Desert)

                                                                    Food Desert (Gettysburg, 2014) Ibrahim Saeed Mohammed Saif (TP076440) Farming food locally is therefore a viable and efficient way of feeding people around the globe especially in food desert areas. It empowers the people to engage in farming by developing and supporting concept of community gardening and urban gardening (Kaiser 2011). This not only helps to ensure that the community has access to the essential nutrients in the food which is very important but also ensures that the community has ownership and thus whenever they get involved in the production of food they do so willingly and not out of force.   Also, supporting farmers and local food by buying’s including farmers markets and direct to consumer programs helps residents access fr...
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Generating Good Ideas

OSAMAH AHMED AL-NAGGAR(TP078781)

Good Ideas (Petch, 2016)


A good idea results from three factors: innovation, practicality, and market demand. At its core, a good idea fulfills a need or solves a specific problem. Inventing new technologies or things is not the determinant of how good an idea is; rather, creating things that add value to people's lives or improve existing innovations does (SmartStorming, n.d.).

A good idea is also a feasible idea. It means it should be implementable with resources and technology that are available, ensuring it's not just a theoretical concept but can become a viable product or service for customers (Forbes Business Council, 2023).

Marketing is also crucial. Even the smartest, most realistic idea will struggle or even fail to gain traction if it has poor marketing. Understanding the target audience helps in grasping the needs and desires of potential customers (Emeritus, n.d.).

Another distinguishing factor of a good idea is scalability. An idea that has the ability to grow and expand can attract investors and help build a strong reputation (Gray Group International, 2023).

Furthermore, a good idea is flexible. The business environment is dynamic, and maintaining relevance and competitiveness may depend on an idea's ability to change course or evolve in response to feedback or evolving circumstances.

Lastly, a great concept often inspires passion and enthusiasm. This emotional connection has the power to inspire the commitment and perseverance needed to overcome obstacles in realizing an idea.


References:

SmartStorming. (n.d.). What Makes a Good Idea Good? SmartStorming. Retrieved June 27, 2024, from https://smartstorming.com/what-makes-a-good-idea-good/
Forbes Business Council. (2023, February 28). How to Validate the Feasibility of a Business Idea. Forbes. Retrieved June 27, 2024, from https://www.forbes.com/sites/forbesbusinesscouncil/2023/02/28/how-to-validate-the-feasibility-of-a-business-idea/
Emeritus. (n.d.). What is the Importance of Marketing for Business? Emeritus. Retrieved June 27, 2024, from https://emeritus.org/blog/what-is-the-importance-of-marketing-for-business/
Gray Group International. (2023, May 15). Benefits of Scaling a Business. Gray Group International. Retrieved June 27, 2024, from https://www.graygroupintl.com/blog/benefits-of-scaling-a-business



 ‌Ibrahim Saeed Mohammed Saif (TP076440)

        In the dynamic world of entrepreneurship, good ideas are the lifeblood of new ventures. They can be found in a variety of places, both within and outside the entrepreneur's personal sphere.

Internally, personal experiences and passions often spark innovative solutions to problems encountered in daily life. A deep understanding of a particular field, honed through education or work experience, can uncover gaps in the market that can be filled with a new product or service (Hisrich, Peters, & Shepherd, 2016).

Externally, market trends and consumer behavior provide valuable insights into unmet needs and emerging opportunities. Observing how people interact with existing products and services can reveal areas for improvement or entirely new concepts (Kuratko & Hodgetts, 2004). Engaging with customers through surveys, focus groups, and social media can offer a wealth of information about their preferences and pain points, informing the development of tailored solutions.

Networking and collaborating with other entrepreneurs, industry experts, and potential customers can also be a fruitful source of ideas. Brainstorming sessions, conferences, and online forums can spark creativity and lead to unexpected collaborations (Timmons & Spinelli, 2008).

Ultimately, the most successful entrepreneurs are those who remain curious, open-minded, and constantly seeking new information and perspectives. By actively exploring these diverse sources of inspiration, entrepreneurs can unlock a world of possibilities and transform their ideas into thriving businesses.

References:

  • Hisrich, R. D., & Peters, M. P. (2005). Entrepreneurship. ResearchGate. https://www.researchgate.net/publication/36808348_Entrepreneurship
  • Kuratko, D. F., & Hodgetts, R. M. (2004). Entrepreneurship : theory, process, practice (6th ed.). Thomson/South-Western. https://www.researchgate.net/profile/Howard-Frederick/publication/305328636_Entrepreneurship_theory_process_practice/links/5e20ab6e92851cafc38a85cd/Entrepreneurship-theory-process-practice.pdf
  • Timmons, J. A., & Spinelli, S. (2008). New Venture Creation: Entrepreneurship for the 21st Century (8th ed.). McGraw-Hill Irwin. http://bvpinst.edu.in/download/2020-21/New%20Venture%20Creation_%20Entrepreneurship%20for%20the%2021st%20Century.pdf
  • Petch, N. (2016, October 16). Five ways to kill a great startup idea. Entrepreneur. https://www.entrepreneur.com/en-ae/entrepreneurs/five-ways-to-kill-a-great-startup-idea/283821

 

MAHMOOD MOHAMMED ALI QAID  (TP079014)


Generated by Adobe FireFly


After identifying a good idea, the next processes are crucial for turning the idea into an actual business model.

The development phase involves expanding the idea into a more specific concept or even a blueprint of what is to be carried out.

This phase requires extensive research, establishing objectives, and working out the processes of how the idea will be implemented (Drucker, 2006).

Prototyping comes next and entails the development of a first version or a preliminary version of the idea. This can help in experimenting and adjusting the idea from an actual and physical point of view.

Prototyping allows for evaluating the work of the future system and revealing the issues that will require fine-tuning before large-scale applications of the solution (Thomke, 2020).

Realization is the stage where the idea is enacted at the organizational level. This entails establishing the chain of command in terms of the available resources and the plan to be implemented, as well as organizing the resources required for the implementation of the idea. At this stage, project management skills are crucial to effectively and coherently put the idea into operation (Kerzner, 2017).

Subsequent to the idea’s implementation process, there needs to be a measure to identify the new idea as either having a positive or negative influence. This involves conducting research, refining the findings, and deciding whether the idea has achieved the intended goals. At this stage, stakeholder feedback is important to understand the practical implications of the results obtained.

Ultimately, if the idea proves successful, it can be scaled up. This involves expanding the idea further or applying it to other countries, ensuring that the idea can have a broader impact. Thus, the further actions after a concrete idea has been created can be categorized into development, prototyping, implementation, and evaluation stages, with the last and optional step of scaling.

References

Drucker, P. F. (2006). Innovation and entrepreneurship: Practice and principles. HarperBusiness. https://www.researchgate.net/publication/275692000_Innovation_and_Entrepreneurship

Thomke, S. (2020). Building a culture of experimentation. Harvard Business Review. https://hbr.org/2020/03/building-a-culture-of-experimentation

Kerzner, H. (2017). Project management: A systems approach to planning, scheduling, and controlling. Wiley. https://www.wiley.com/en-us/Project+Management%3A+A+Systems+Approach+to+Planning%2C+Scheduling%2C+and+Controlling%2C+13th+Edition-p-9781119805373

Project Management Institute. (2021). A guide to the project management body of knowledge (PMBOK Guide) (7th ed.). Project Management Institute.https://www.pmi.org/pmbok-guide-standards/foundational/pmbok



Sohaib Najib Wazea Aboosbua (TP078628)



adobe firefly


Techniques and Practices for Idea Generation




Idea generation is very important for creativity and innovation, it has various techniques
and practices to make creative thinking. Old brainstorming involves spontaneous
idea sharing, while brainwriting has participants write down ideas before group
discussion, fast ideation sets a time limit for idea generation.  Mind mapping visually represents ideas and connection using colors and images. (Kylliäinen, 2023)


The SCAMPER technique encourages substituting, combining, adapting, modifying, and eliminating elements to generate new ideas. Roleplaying offers different perspectives and
insights. Reverse thinking flips problem-solving by imagining how to create
problems and find their solutions. (Zaluski, 2023)


The 6 thinking hats method assigns different thinking modes to explore ideas. Lateral
thinking challenges traditional logic by approaching problems from great angles.
The random word technique uses random words to publish new ideas. (Zaluski,
2023)

Other methods include brain dumps for rapid idea jotting, questioning techniques to
explore problems and collaborative techniques like crowdsourcing. .
Challenging assumptions, forced connections, attribute listing, prototyping,
and environmental scanning further expand idea generation, ensuring a
comprehensive and innovative approach to problem-solving and creativity.


Reference:

Kylliäinen, J. (2023, May 9). What is Idea Generation? – Definition, Techniques
and Success Factors. Viima Solutions Oy. https://www.viima.com/blog/idea-generation

Zaluski, A. (2023, October 26). Idea generation methods. Notion. https://www.notion.so/blog/idea-generation


AMGAD GAMAL MOHAMMED ABD ALKRIM AL-RAZI ( TP078387 )

How to Evaluate Ideas to Build Impactful Products - the product  manager


Evaluating and Refining Ideas:


















MUBARAK ALI MUBARAK AL ZAMAL(TP078797) 

Generated by ChatGPT

Understanding What Makes a Good Idea

 A good idea is defined by six key attributes: novelty, feasibility, market demand, scalability, sustainability, and clarity

Novelty: A good idea is original and unique, introducing new concepts or perspectives.
For example, smartphones revolutionized the telecommunications industry by
combining mobile phones with computing capabilities (Johnson et al., 2012).

Feasibility: An idea must be practical and achievable with current
resources, technology, and time. The feasibility of electric vehicles increased
with advancements in battery technology and environmental concerns (Jones &
Smith, 2015).

Market Demand: A good idea addresses a real need or problem for a target
audience. Ride-sharing services like Uber and Lyft succeeded by meeting the
demand for convenient, flexible, and cost-effective transportation (Rogers,
2016).

Scalability: A good idea should have the potential to grow and adapt
to increasing demand or market changes. Amazon started as an online bookstore
and scaled to become a global e-commerce and cloud computing leader (Stone,
2013).

Sustainability: Long-term viability is crucial, including economic,
social, and environmental impacts. Renewable energy sources like solar and wind
power provide sustainable, long-term solutions (Jacobson & Delucchi, 2011).

Clarity: Clear communication is essential for gaining support and effective
implementation. Social media platforms have succeeded due to their clear value
propositions and user-friendly interfaces (Kaplan & Haenlein, 2010).

In summary, a good idea combines originality, practicality, relevance,
growth potential, long-term viability, and clear communication to ensure its
success and widespread adoption.



References:


Jacobson, M. Z.,
& Delucchi, M. A. (2011). Providing all global energy with wind, water, and
solar power, Part I: Technologies, energy resources, quantities and areas of
infrastructure, and materials. Energy Policy.
https://web.stanford.edu/group/efmh/jacobson/Articles/I/WWSEnergyPolicyPt1.pdf

Johnson, R. A.,
Christensen, L., & Kagermann, H. (2012). Reinventing Your Business Model.
Harvard Business Review.
https://hbr.org/2008/12/reinventing-your-business-model

Jones, M., &
Smith, J. (2015). The Transition to Electric Vehicles: A Global Perspective.
International Journal of Automotive Technology and Management.
https://www.researchgate.net/publication/280094557_The_Transition_to_Electric_Vehicles_A_Global_Perspective

Kaplan, A. M.,
& Haenlein, M. (2010). Users of the world, unite! The challenges and
opportunities of Social Media. Business Horizons.
https://www.sciencedirect.com/science/article/abs/pii/S0007681309001232

Rogers, E. M.
(2016). Diffusion of Innovations, 5th Edition. Free Press.
https://www.simonandschuster.com/books/Diffusion-of-Innovations-5th-Edition/Everett-M-Rogers/9780743222099

Stone, B. (2013).
The Everything Store: Jeff Bezos and the Age of Amazon. Little, Brown and
Company.




 

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