MHR002: Leading Innovation and Change Major Assignment Essay

This essay delves into the critical aspects of leading innovation and change, focusing on entrepreneurial leadership within organizations. It begins by defining entrepreneurial leadership and highlighting its significance in fostering innovation and adapting to dynamic environments. The essay then explores key areas of leadership that impact innovation, including collaboration, fostering creativity among employees, and building trust. It emphasizes the importance of strategic innovation and the role of entrepreneurial leaders in driving change. Furthermore, the essay discusses how organizations can improve their innovation capabilities by providing employees with freedom, giving teams the necessary resources, investing in creative nourishment, and fostering a culture that embraces failure. Current examples of entrepreneurial innovation, such as the innovations by Steve Jobs and Bill Gates, are also provided to illustrate the practical application of these concepts. The essay concludes by summarizing the key characteristics of entrepreneurial leadership and its close association with creativity and innovation, underscoring the importance of these elements for organizational success.

LEADING INNOVATION
AND CHANGE

TABLE OF CONTENT
Introduction.............................................................................................................4
About the Topic...........................................................................................................................4
Importance of Topic in the context of Corporate Innovation and Entrepreneurship...................5
How can organisation improve to become better learning and innovative organisations...........6
Current examples of Entrepreneurship innovation.....................................................................8
Conclusion................................................................................................................8
REFERENCES......................................................................................................10

Introduction
Leading innovation is needs a leader in order to creates an supportive environment so that
encourage creativity, as change management demands a leader in order to understand the
behaviours of human as well as select appropriate people for each and every task. Nowadays
change as well as innovation considers as a constant issue because of the globalisation (Saviotti.
and Pyka, 2017) .In order to adapt as well as being several innovative are considered as key to
the 21 Century business. Thus leaders within business often give about changes that is extremely
difficult. Present Report focuses on Importance of Topic in the context of Corporate Innovation
and Entrepreneurship, How can organisation improve to become better learning and innovative
organisations, Give team alongside the resources in order to implement innovative ideas invest
time within creative nourishment of employees, do not focuses only on R&D, Enables
employees a chance to fail and Develops an accommodating leadership style and Current
examples of Entrepreneurship innovation
About the Topic
Entrepreneurial leadership can be defined as leadership that involves using
entrepreneurial behaviour. Entrepreneurial leadership involves optimising risks, innovation to
take advantage of opportunity and also to create opportunity. Entrepreneurial leadership also
involve taking personal responsibility and managing change according to changing environment.
Entrepreneurial leadership have characteristics like vision, supportive nature, self-belief, shared
success and creating environment for conductive growth. Entrepreneurial leadership has a
significant impact on innovation within organisation. This is because entrepreneurship is closely
linked with innovation and creativity and entrepreneurial leadership involves creating innovation
within organisation so that organisation can take advantage of opportunities available in its
environment (Newman and et.al., 2018). Critical areas of leadership that impact innovation in
organisation involve collaboration and discovering. This means that innovation with organisation
is not limited to individuals or teams but involves overall organisation and leadership should
ensure that organisation has effective collaboration and everyone is encouraged to innovate and
discover new ideas. Fostering creativity among employees, this is another critical area of
leadership that impact on innovation. This is because innovation is a result of creativity, and
leadership hence require fostering creativity among members and employees. Leadership

requires that they allow employees to present every kind of idea and make mistakes in order to
create innovation. Creating trust among teams and members, this is another area of leadership
that impact on innovation. Creating trust among members enable them to trust their ideas before
they present their ideas to organisation and leaders. These are certain areas of leadership that are
critical and impact on innovation.
Importance of Topic in the context of Corporate Innovation and Entrepreneurship
Innovation is known as one of the vital factors that impacts the success of business within today
dynamic environment and competition. Creativity is consider as one of the most basic as well as
critical element of innovation. The creativity is also termed as production of useful ideas and
novel through people or small groups of people who are working together ,in addition to this
innovation is also build on several creative ideas. Strategic innovation as well as entrepreneur
leadership is about change, progress as well as renewal. When focusing on the entrepreneurial
leadership as according to the school of management that entrepreneurship is consider as the
practicing of beginning of businesses that are in response to recognised opportunities.
Entrepreneurs are the one who can identify as well as enact tan issues the various alternative
paths regarding future perspective. Critical areas of leadership that impact innovation in
organisation involve collaboration and discovering. Every innovator sets out in order to solve
regarding creativity. So it states that entrepreneurial leaders are the ones who serves others. Or in
other words seeing an issues as well as having desire to solve it. Strategic innovators are also
focuses on values in order to solve issues (Munro, 2020). These individuals are driven through a
burning desire as they know their ideas, inventions and creativity are required for humanity.
Creativity cannot transpire within leaders as here leaders requires to be proactive about
training themselves in order to think as well as act creatively. Innovation is also achieves without
action as it is regarding to the future by utilising past in order to propel creation for what comes
in future and by making it a reality. Innovation is consider as the drovers of change as such types
of leaders produces a firm culture that creates innovation. Creative people are consider as more
motivated as well as less firm oriented. As it can be irreverent towards broadly accepted schemes
as well as often challenges them. Such as it is impossible for a manger to inspect things as due
to the creative mind proceeds within non sequential modality regarding thinking. The creative
human are also behaves as a child who revels within play, less self organised , likely to be

temperamental as well as less disciplined. Employee engagement is consider as one of their key
business drivers for an entity’s success within their work. Leadership as well as management is
heavily impacted staff engagement. The term leadership focuses on various things to various
individuals. This means that innovation with organisation is not limited to individuals or teams
but involves overall organisatio.. One of the vital and strong element of worker creativity at
work is consider as the style as well as employee engagement. It is clear association between
employee engagement and supervision style. When supervisors are supportive to the employees
will increase creative performance of people. It is also focuses that supervisors are supportive
then shoe more concerns for staff members, needs, feeling boosts them in order to voice
concerns ,gives positivity, informational feedback as well as provides employees skill
development.
How can organisation improve to become better learning and innovative organisations
Provide Employees a sense of freedom
In order to becomes better learning as well as innovative firms from entrepreneurial leadership
employers imposes rules that focuses on creativity of the workers as it limits the freedoms of
most valuable assets as well as they do not feel to think outside the box. The Innovation essence
within the firm lies within the ability of workers in order to contribute to the creative process of
the firm. As a firm requires to provide workers such autonomy so that they proactive their novel
ideas. It also provides a sense of freedom that can allow workers so that they can unshackle
themselves from the hierarchical imposition’s clutches so that they are unable to focus on new
ideas in order to execute their regular tasks.
Give team alongside the resources in order to implement innovative ideas
In order to make possible for employees to convert their creative ideas into reality as without the
appropriate resources even the best ideas are also tends to fall flat. While it also focuses that
innovative firms within all over the world invest within their R& D department that enables their
team to execute the several innovative concepts regarding the development of future product
(Wrigley, 2016).
Invest time within creative nourishment of employees

Innovation’s essence can be accomplished when one can able to demonstrate employees a path
that leads them to focuses on creativity. There is no need to preach workers for the significant of
creativity instead of that demonstrate the particular ways through which creativity can be
founded in order to implement innovation within work.
Do not focuses only on R&D
As an entity ,one must not confine innovation regarding to the department R&D. In order to
implement an culture which is effective as well as vital that every department of the firm is
involved such as in order to implement an innovation strategy one can bale to focuses a change
within the people’s mindset of their team.
Enables employees a chance to fail
Failure is considered as a part of learning process as one can penalises their employees
for their mistakes and faults so employer can inject a sense of fear of failure in them Such types
of approach impacts their capacity in order to come up with creative ideas. One can provides
workers the scope in order to make mistakes as well as thinks them independently without any
fear. So from next time they will think more creative beyond the boundaries of their job.
Develops an accommodating leadership style
As a firm’s leader it is the responsibility of employer to delegate as well as nurture the team
member’s attitudes (Seo. and Joo, 2019). As being a team leader one cannot develop an
innovating culture as if employer or owner fails to show them innovation by own behaviour or
attitude. Expecting employees to provides more within less time within such way to kill desire of
employees to do something which is extra ordinary or beyond the limits. leadership must assures
that firms has effective collaboration as well as everyone is boosted to innovate and discover
new ideas If one can prefer the short term outcomes over the long term advantages for the
innovative ideas one can destroy their innovative spirit. In order to restoring to do approach one
requires to provides workers the room of experiments so that they can learn by their own and
improves day by day as now they get their space for experimenting things and now they got
focused more as now no can forced them to do tasks in specified manner but they can experiment
things (Zuraik,, 2017).

Do not look down subordinates
One of the biggest opponents of implementing innovation within a firm is Intellectual
arrogance. If someone disregard the worker’s ideas because they are employer’s subordinates,
through that employer can hinder the process of creative thinking within employees . Such a
firm cannot possibly focuses on the creative ideas of their employees. In order to promote
innovation culture teams can requires to shut down any preconceived notions regarding workers
and instead of them to enable them to speak within their minds. One requires boosting them to
share their opinion as well as becomes a part of every creative process within business
(Damanpour, 2017).
Current examples of Entrepreneurship innovation
It is necessary for entrepreneur to find out new ideas and concepts on basis of that
innovation is implemented. Also, it has been identified that there are many examples of
entrepreneur innovation where new product and services are offered to people. Steve Jobs is
example of it in which an innovative product was launched by him that is iPhone. The idea was
highly innovative as it included advance technology in it. Before that , no other entrepreneur has
implemented such new idea. Similarly, Bill Gates is also example of entrepreneur innovation
where he started his own company with new idea. Here, product was Microsoft Windows that
operated on computer. Besides that, in both example the entrepreneur played role of leader as
well (Yliperttula, 2017). The traits of leadership was reflected in which they lead their team to
success. In addition, they help themselves and others to do the right things. They set direction,
build an inspiring vision, and create something new. Thus, they mapped out entire path by which
business proceeded. Also, there was a vision that what they want to do, where to go, etc. Hence,
according plans and strategies was developed and implemented. With that, goals were attained.
Conclusion
From the above it had been concluded that Entrepreneurial leadership have characteristics
like Supportive nature, self-belief and closely associated with creativity as well as innovation.
Here Everyone is boosted to innovate and Fostering creativity among staff members in order to
Created trust among staff members. Report also focuses on Creativity on the entrepreneurial

leadership and identify on values in order to solve issues, Creativity will increase to think outside
the box and allow workers to focus on new ideas in order to execute their regular tasks.

REFERENCES
Books and Journals
Damanpour, F., 2017. Organizational innovation. In Oxford Research Encyclopedia of Business
and Management.
Munro, J., 2020. Leading for collaborative public service innovation. Public Money &
Management, 40(4), pp.316-325.
Newman, A and et.al., 2018. The effects of employees' creative self-efficacy on innovative
behavior: The role of entrepreneurial leadership. Journal of Business Research. 89.
pp.1-9.
Saviotti, P.P. and Pyka, A., 2017. Innovation, structural change and demand evolution: does
demand saturate?. Journal of Evolutionary Economics, 27(2), pp.337-358.
Seo, B.K. and Joo, Y.M., 2019. Innovation or episodes? Multi-scalar analysis of governance
change in urban regeneration policy in South Korea. Cities, 92, pp.27-35.
Wrigley, C., 2016. Design innovation catalysts: Education and impact. She Ji: The Journal of
Design, Economics, and Innovation, 2(2), pp.148-165.
Yliperttula, O., 2017. Leading change with Agile: How Agile Project Management can affect an
organisation’s growth prospects.
Zuraik, A., 2017. A strategic model for innovation leadership: Ambidextrous and
transformational leadership within a supportive climate to foster innovation
performance (Doctoral dissertation, Alliant International University).