StudentShare
Contact Us
Sign In / Sign Up for FREE
Search
Go to advanced search...

Effect of Creativity on Processes and Products in Finance Innovativeness - Coursework Example

Comments (0) Cite this document
Summary
The paper "Effect of Creativity on Processes and Products in Finance Innovativeness" describes that creativity is the practice of thinking beyond what is already being undertaken in an organization to accomplish its objectives. It usually results in better ways of working out the daily processes…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER93.2% of users find it useful
Effect of Creativity on Processes and Products in Finance Innovativeness
Read TextPreview

Extract of sample "Effect of Creativity on Processes and Products in Finance Innovativeness"

Download file to see previous pages The financial managers develop a wide range of choices that are suitable for solving financial problems, through getting detached from the former theories that were taken as the basis for solving problems involving finances. The previous limitations in regard to problem-solving are not paid attention to. It is characterized by uniqueness in the ideas generated.
According to Shirur (2003 p 67), creativity involves spawning, putting into operation and communication of the inventive ideas to others in the financial system. It takes place when people are capable of organizing their opinions in a manner that eventually directs them to an improved appreciation of the subject matter. Julier and Moor (2009 p 112) further argue that creativity is a course of action whereby those who make financial decisions develop sensitivity in regard to financial issues. They focus on the major financial drawbacks, insufficiency, knowledge gaps, the lacking components, dissonance and such issues that hamper financial advancement, and establishing their complexity, identifying a viable solution, making appropriate presumptions or preparing hypotheses in regard to the shortages, trying them and eventually reporting to the stakeholders. In general, creativity is meant to finance. This essay is a critique of this meaning, and how creativity could affect the processes and products in finance.
Innovation is crucial in the organizational processes since it brings in new and better ways of improving the financial management of an organization. It also propels the organization towards the accomplishment of strategic objectives for the improvement of profitability. According to Proctor (1995 p 76), creativity is the origin of innovation.  ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
  • CHICAGO
(Creativity in finance Coursework Example | Topics and Well Written Essays - 1750 words, n.d.)
Creativity in finance Coursework Example | Topics and Well Written Essays - 1750 words. https://studentshare.org/finance-accounting/1557455-creativity-in-finance
(Creativity in Finance Coursework Example | Topics and Well Written Essays - 1750 Words)
Creativity in Finance Coursework Example | Topics and Well Written Essays - 1750 Words. https://studentshare.org/finance-accounting/1557455-creativity-in-finance.
“Creativity in Finance Coursework Example | Topics and Well Written Essays - 1750 Words”. https://studentshare.org/finance-accounting/1557455-creativity-in-finance.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document

CHECK THESE SAMPLES OF Effect of Creativity on Processes and Products in Finance Innovativeness

Creativity

12 Pages(3000 words)Essay

Creativity

4 Pages(1000 words)Essay

Creativity

2 Pages(500 words)Assignment

Creativity

2 Pages(500 words)Essay

Strategic Finance Management: Gallaher Group Plc

16 Pages(4000 words)Case Study

Contemporary Managerial Issues in Accounts and Finance

23 Pages(5750 words)Literature review

Fundamentals of Finance

11 Pages(2750 words)Assignment

Corporate Finance: Cables & Wires Plc

6 Pages(1500 words)Assignment

Business Finance: Activity Based Costing

7 Pages(1750 words)Case Study

Introductory Economics and Finance: Why Governments Regulate Firms and Markets

6 Pages(1500 words)Assignment

Promoting Creativity in Organizations

7 Pages(1750 words)Assignment

Personal Development in Accounting and Finance

6 Pages(1500 words)Essay

The Wright Brothers' Creativity Process

6 Pages(1500 words)Case Study

Health Care Finance in Saudi Arabia

7 Pages(1750 words)Assignment
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.

Let us find you another Coursework on topic Effect of Creativity on Processes and Products in Finance Innovativeness for FREE!

Contact Us