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Lead Innovative Thinking and Practice

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Added on  2021-02-21

Lead Innovative Thinking and Practice

   Added on 2021-02-21

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LEAD INNOVATIVE
THINKING AND
PRACTICE
Lead Innovative Thinking and Practice_1
TABLE OF CONTENTS
ASSESSMENT 1.............................................................................................................................1
1. Different strategies to generate new ideas and thinking..........................................................1
2. Creative thinking, check necessity of creative thinking technique to invent something.........1
3. Spot opportunities for innovation............................................................................................1
4. Innovative thinking a strategic priority....................................................................................2
5. Importance for organizations to innovate................................................................................2
6. Factors that can stop one from being innovative.....................................................................2
7. Ways to build innovative culture.............................................................................................2
8. Can innovate think be trained..................................................................................................3
9. Mistake organization can make in terms of innovation...........................................................3
10. think divergently and creatively............................................................................................3
ASSESSMENT TASK 2.................................................................................................................4
QUESTIONS...................................................................................................................................4
1. Introduction..............................................................................................................................4
2. Problems and current position.................................................................................................4
3. Promoting innovation..............................................................................................................4
4. Trends shaping thinking and practices....................................................................................4
5. Innovative context...................................................................................................................5
6. Leadership styles.....................................................................................................................5
7. Challenging and refining own leadership................................................................................6
8. Risks with innovation..............................................................................................................6
9. Communicating innovation.....................................................................................................6
10. Fostering communication and team development.................................................................7
11. Mechanism supporting innovation........................................................................................7
12. Innovation as integral part of organisation............................................................................7
13. Developing and monitoring processes...................................................................................7
14. Innovation risks and barriers.................................................................................................8
ASSESSMENT 3.............................................................................................................................9
Lead Innovative Thinking and Practice_2
Techniques and tools that can be used to generate new ideas and thinking................................9
Conditions for innovation and issues that can impact innovative thinking and creativity..........9
Innovation drivers and enablers for Sim’s Hardware..................................................................9
Personal leadership style to model positive innovative thinking and practise..........................10
Requirements to promote sustainable innovative activity for operation context and people
involved.....................................................................................................................................10
Different means to promote knowledge transfer.......................................................................10
Risk associated with innovation and possible mitigation strategies..........................................10
Strategies to innovate and promote creative thinking techniques, innovative practise etc........11
Resources required for innovation in organization....................................................................11
Strategies to foster workplace culture capable of encouraging innovation...............................11
Potential barriers and risk to innovation along with the strategies to respond..........................12
Reflection...................................................................................................................................12
ASSESSMENT4............................................................................................................................13
1. Comparison of current innovation and thinking theories with past theories.........................13
2.................................................................................................................................................13
3. Impact of leadership style on innovation in organization......................................................13
4. Reason for relevance of organization and industry context to innovation............................13
5. Internal or external conditions that impact organizational innovation..................................13
6. Strategies for identifying, managing, assessing risks and challenges associated with
innovation..................................................................................................................................13
7. Five examples of innovation drivers in an organization........................................................14
8.Six examples of innovation enablers in an organization........................................................14
9. Mechanism that can be implemented at system or process level to support innovative
practises.....................................................................................................................................15
10. Five challenges and barriers to innovation..........................................................................15
11. Benefits of introducing change in the organization.............................................................15
12. Ways to conduct research in organization...........................................................................16
13. Different types of leadership styles.....................................................................................16
14. Characteristics of effective leaders......................................................................................16
15. Possible requirements for sustainable innovation................................................................17
Lead Innovative Thinking and Practice_3
REFERENCES..............................................................................................................................18
Lead Innovative Thinking and Practice_4
ASSESSMENT 1
1. Different strategies to generate new ideas and thinking
There are various strategies that can be used to generate new ideas and thinking such as:
By engaging oneself in observation session i.e. by engaging oneself in sessions where an
individual can think differently.
Reading more books can also help in generating new ideas and thinking as reading more
books helps in learning more and thinking differently (Zhu and et.al., 2016).
Keeping a regular journal can also help oneself in recording one’s own thoughts, ideas
feelings as these journals helps in generating new ideas and think differently.
Combining one thing with other is another strategy that can help in generating new ideas and
thinking differently.
2. Creative thinking, check necessity of creative thinking technique to invent something
Creative thinking can simply be defined as a way of looking at a thing in a new and
different manner or in other words thinking out of the box is also known as creative thinking. It
is looking at a situation or problem from a fresh perspective that suggest unorthodox solutions.
Creative thinking is an important technique which is required to invent something new. For
example: Steve Jobs used innovative thinking technique and combined three old ways(mobile,
touch screen iPod and internet communication device) and innovated new iPhone.
3. Spot opportunities for innovation
There are five ways in which innovation opportunities can be spotted such as:
By analysing what best things other organizations are doing both in one’s own industry and
in other industries as well. This can help organizations to spot an innovation opportunity that
can drive them towards success.
By obtaining customer feedback, companies can understand what new things they can try to
attract new customers
Understand customer’s issues, frustration and complaints associated with product or service
so that changes required can be identified.
For example: Steve jobs obtained feedback from customers and realized that most of the
customers use their phones with ugly buttons and decided to invent touch screen mobiles.
1
Lead Innovative Thinking and Practice_5
4. Innovative thinking a strategic priority
Yes, innovative thinking is a strategic priority for every profit-making organization
because innovative thinking always helps an organization to focus on all the changes that are
required within an organization so that they can increase their profitability (Clapham and
Vickers, 2017). It also helps an organization to spot opportunities that can be used by
organizations to develop or produce something new. Using innovating thinking as a strategic
priority can help companies to think differently whenever required. Charles Goodyear could
stand despite being on the verge of bankruptcy because he thought differently and saw rubber
accident as an opportunity and discovered vulcanisation.
5. Importance for organizations to innovate
It is important for organizations to innovate because customer always seeks for something
new. Not only this it also helps organizations to move faster and gain a competitive advantage.
Innovating something can also help organizations to create better connections to developing
market which helps them in bigger opportunities which can help their organization to grow
(Adams and et.al., 2016). Similar ideas can lead to new inventions because similar ideas helps in
identifying gaps or flaws in the current technology or product or service that can be used as an
opportunity in inventing something new.
6. Factors that can stop one from being innovative
There are various factors that can stop one from being innovative such as:
Short term thinking or not focusing on long term goals can stop one from being innovative.
Lack of time or resources work as a barrier in development of new ideas and opportunities
which can further stop one from being innovative.
Demotivating one is another factor that can affect one from being innovative as demotivation
affect one’s thinking ability (Brenner, Uebernickel and Abrell, 2016).
Unwillingness to learn something from past failures, adopt something new or change
something can also stop one from being innovating.
7. Ways to build innovative culture
There are various ways in which innovative culture in an organization can be build such as:
Learning from past failure and implementing changes in present can help in building an
innovative culture.
2
Lead Innovative Thinking and Practice_6

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