Innovative Leadership - Assignment
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Added on 2020-05-11
Innovative Leadership - Assignment
Added on 2020-05-11
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Running head: INNOVATION LEADERSHIPInnovation LeadershipName of the StudentName of the UniversityAuthor’s Note:
1INNOVATION LEADERSHIPTable of ContentsIntroduction......................................................................................................................................2Discussion........................................................................................................................................2Brief Overview............................................................................................................................2Types of Innovation.....................................................................................................................3Leadership Theories.....................................................................................................................4Innovative Organizational Culture/Climate.................................................................................5Encouragement of Creativity.......................................................................................................6Organizational Encouragement...................................................................................................6Supervisory Encouragement........................................................................................................6Work Group Encouragement.......................................................................................................7Leader Attributes/Characteristics................................................................................................7Types of Innovation Leadership Styles.......................................................................................8Conclusion.......................................................................................................................................8References......................................................................................................................................10
2INNOVATION LEADERSHIPIntroduction Innovation leadership is considered to be a combination of various leadership styles forinfluencing the employees for the purpose of producing creative products, services as well asideas (Park, Kim and Krishna 2014). This is considered to be a leadership technique orphilosophy. The innovation leader plays the most significant role in this technique of combinedleadership. This model was developed by Dr David Gliddon in the year 2006. The main aim ofinnovation leadership is to develop the organization (Krylov 2014). It helps in achieving thevision and mission of the organization at a fast pace. The organizations need to be creative andadopt the concept of innovation leadership for ensuring continuous success and remaincompetitive in the market.This report discusses about the concept of innovation leadership. It gives a brief overviewof innovation leadership consisting of three stages. This report describes the concept of value-added innovation as well as exploratory innovation. It discusses the theories that led to thefoundation of innovation leadership (Zubair et al. 2015). This report also gives an idea about thevarious leadership styles that fall under the concept of innovation leadership. It says that themain activities in innovation leadership are generation and evaluation of idea followed byimplementation. This report gives an overall idea about the concept and emergence of innovationleadership.
3INNOVATION LEADERSHIPDiscussionBrief OverviewIn order to understand the concept of innovation leadership it is very important tounderstand the concept of innovation (Tripon 2015). Innovation is the generation of unique ideasthat lead to the development of viable products that can be used for certain purpose (Liang,Chang and Hsu 2014). The three main stages that are involved in the process of innovation are:i) Generation of idea: In order to be innovative one must have a unique idea that willhelp in producing something new and useful.ii) Evaluation: The idea that is generated must be evaluated to find out its effectivenessand feasibility (Raineri and Paillé 2016). iii) Implementation: After the idea is evaluated, it is implemented based on its feasibility.Types of InnovationThere are two main types of innovation. The exploratory innovation is involved ingenerating new ideas that can be implemented (Benson and Voller 2014). The value added typeof innovation is involved in the modification and improvement of existing ideas for overallimprovement of the product and services. The ideas generated needs to be useful. Innovation isdifferent from creativity. Creativity only deals with the generation of idea. However, in case ofinnovation, the idea is put to operation for developing new products and services (Nie et al.,2015). The two main types of innovations are discussed as below:i) Value added innovation: This is a type of innovation where the feature of an existingproduct is modified or improved. This modification is aimed at creating value. Minimum risk is
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