Innovation in Leadership and Business Report: Analysis

This report examines various aspects of innovation within a business context. It begins by highlighting the use of divergence and convergence tools in the creative process, such as the 'thinking hats' method. The report then analyzes a company facing challenges due to technological obsolescence and a decline in its competitive edge, emphasizing the importance of innovation. It further discusses the role of transformational leadership in fostering innovation and suggests strategies for creating a culture that supports change. Key recommendations include prioritizing innovation, providing incentives, and fostering collaboration. The report also addresses risks associated with technological advancements, the need for a global approach to brand values, and the importance of human resources, financial, and technological support for innovation. Finally, it discusses the obstacles to innovation, such as a lack of shared vision and inadequate processes, and concludes with a reflection on the learning experience.

LEAD INNOVATIVE
THINKING AND
PRACTICE.

TASK 3

1.
• There are considered headed under two group that is divergence tools and convergence tools. The
divergence tools have the consideration of varsity of ideas which will helps the innovator to have
establishment of thinking to various perspective.
• Thinking hats and a hundred euro test or idea shopping as the creative process in which there
divergence and convergence tools are been used during different phases of innovation
2.
• The company tends to have the holding of effective brand image because of high quality of
services. The company is lacking with technology and innovative ideas which can helps the
company in order to have development and gain competitive edge affecting the competitors in
the world of globalization. The company is trending to have the steep decline in last few years
due to having the level of obsession in the technology in manufacturing the product

3.
• Sim's hardware have the organizational culture, economic or competitive market
condition along with psychological development. The lack of technological
environment which is considered to have obsoleteness in business in considered
as the innovation drivers. The major corporate enabler of Sim's hardware
innovation are to be considered as the one which is seeking major level of
development of company in order to gains the competitive level of settlement in
business practices.
4.
• The use of transformational leadership which will have major impacts in
development and improvisation in developing the idea for the Sim's hardware.
This helps the leaders in encouraging, improving and development of innovative
ideas in employee in order to have creation of changes which will helps in
growing and shaping the future success of company.

5.
• There is requirement of the innovative establishment of change in culture of company. This can be
done by promoting the proper level of education regarding innovation along with providing proper
level of training and development oo employee which decrease the level of resistance in them.
6.
• Mean can be developed in having the ways which will helps such as
• Make it a priority.
• Provide incentives.
• Create a space for sharing to happen.
• Re-examine your training and on-boarding methods.
• Invest in a long-term strategy.

7.
• The company tends to have the risk of data breach along with
other privacy and other cyber risks are certainly not to be
taken lightly, but there is a broader range of risks related to
disruptive technology that need to be accounted for as
companies adopt new innovations.
8.
• There is the need for development of global approach which
will give meaning to the brand values proposition. The
company should have the consistency in delivering the
communication along with having the proper encouragement
to have delivering of feedback which will empower leaders
and manger to take effective level of communication.

9.
• The company tends to have the proper requirement of the human
resources, financial, technological advancement for developing the
innovative ideas for the development and implementation of
innovation successfully in business.
10
• The conventional approach in order to have developing
the enterprise-level business strategies are being tested in the new
world of technology-led change, marketplace disruption,
globalization and rapidly shifting customer needs. There is need to
have proper reviewing of important skills which is being
implementation of business strategy which is helping in overall
integrity development.

11
• The innovation have to face various level of obstacle who have being implementation in business culture for
effective development of company. The company tends to have the facing the issues such as the lack of shared
mission and vision of company along with not having systematic process which is being inherent to be turning
out more risky.
12
• I have the feeling of the greats pleasure and wonderful experience while developing the whole projects. This
let be have proper understanding out the various risk and strategies associative to mitigate the issues of
innovation.