Week 8 Discussion Replies
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I also chose Innovation as one of my seven key leadership ideas. According to Legrand & Weiss, the most useful and practical definition of innovation is “
applied creativity that achieves business value
” (2011, “Defining innovation and innovative organizations,” para. 1). As you state, organizations must provide innovative services and products in order to remain relevant. Innovation is important as it helps solve complex problems and achieve defined value for an organization. An organization’s senior leadership can ensure innovation extends beyond the generation of a couple of new ideas, turning it into a strategic and guiding principle through empowerment, risk taking, confidence, and strong decision-making skills (Brio, 2019, para. 1). Thank you for sharing.
References
Brio, M. (2019, August 20). 6 Ways Leaders Can Build a Culture of Innovation. https://talentculture.com/6-ways-leaders-can-build-a-culture-of-innovation/
Legrand, C & Weiss, D. (2011, July/August). How leaders can close the innovation gap. Ivey Business Journal. https://iveybusinessjournal.com/publication/how-leaders-can-close-the-
innovation-gap/
I believe authentic leadership is the most valuable information we were presented in Week 6. I
particularly like how you explain that authentic means being to the real you – be human. Authentic leadership is important as its central component of is genuineness; even though every
authentic leader is different, there are several markers that these leaders tend to share (
Robinson & O’Dea, 2014, “The Key Behaviors of an Authentic Leader,” p. 2, para. 1). This leadership style understands the importance of self-reflection and requires its leaders to have high levels of self-awareness. By fostering an authentic leadership style, I would better understand my own personal history and be driven by my core personal values. Thank you for sharing. Good job. Reference
Robinson, S. & O’Dea, V. (2014). Authentic Leadership – To thine own self be true
. The Insights
Group, Ltd. https://www.insights.com/media/1107/authentic-leadership.pdf
I had never heard of the Emotional Bank Account concept prior to our readings in Week 6. We are all aware of how a regular bank works with withdrawals and deposits, but an emotional bank account is based on trust and safety instead of money (Clark, 2014, p.1, para. 1). Since learning of this concept, similar as you, I have learned to be mindful of my actions in order to maintain and improve emotional trust. Additionally, through the Emotional Bank
Account concept, we gain valuable knowledge on keeping commitments, clarifying expectations, communicating, showing personal integrity, and apologizing when necessary. Reference
Clark, M.J. (2014). Your Emotional Bank Account
. Integrated Leadership Systems. https://integratedleader.com/wp-content/uploads/2011/03/Your_Emotnal_Bank_Acct.pdf
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Related Questions
Select an organization of your choice and identify an area that requires change. State the mainidea of change that you want the organization to practice and explain how you are going toimplement the proposed idea. Describe the change process in an organization and mention someproblems that you may encounter at each step of the change process.
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Jeevan is a R&D manager who wanted to implement the innovation process in his organization. He explained in the department meeting that innovation activities are all scientific, technological, organizational, financial and commercial steps which actually, or are intended to, lead to the implementation of innovations. He requested you to explain about the innovation.
You are required to differentiate the innovation from creativity and explain the attributes of the innovation and the innovation process.
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Part One: Indicate whether the following sentences are true or false:
levels of innovation can be classified as incremental/radical innovation or sustaining/discontinuous innovation. Incremental /radical innovation focuses on the newness and impact of innovation.
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Comment on this statement: "Google is so successful it does not need to change anything in its strategic framework." Resistance to change is more likely to succeed if the forces resisting the change are stronger than the forces driving the need for change. What are some common reasons that people resist change? Describe some of the specific tactics that "resisters" would employ to thwart change efforts. What are at least 2 strategies to help "resisters" embrace change?
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To have successful innovation, you will need to practice, teach, and facilitate creativity with the teams you will be working with. As you read Chapter 4: Creativity, Innovation, and InventionLinks to an external site. from the Openstax Entrepreneurship online text, you will start to understand and develop the creative process that other successful innovators have mastered and currently use.
Instructions
Read Chapter 4: Creativity, Innovation, and InventionLinks to an external site. from the Openstax Entrepreneurship online text.
Answer the following questions
Is creativity the presence, or the absence of structure? Explain your answer.
Why would a model for creativity be useful?
Why does the model for innovation stress that it does not end with problem solving?
Why does the section on invention focus so much on building a team? Aren’t most inventors and truly creative people famous for working solo?
What were your three main takeaways from this chapter?
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Innovation is an important element in the success of any business. What kinds of
innovation can be found among organizations? How can any organization encourage|
?its employees to foster their ideas
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Change management is the process of planning, implementing, and monitoring changes in an organization to ensure successful outcomes and minimize resistance. Change can take various forms, including organizational restructuring, technology implementation, process improvements, or shifts in company culture. Effective change management involves several key principles. Firstly, it's essential to create a compelling vision for the change, clearly articulating the reasons behind it and the benefits it will bring. Communicating this vision to all stakeholders helps to build understanding and buy-in. In addition, involving employees in the change process by seeking their input, addressing concerns, and providing opportunities for training and development fosters a sense of ownership and reduces resistance. Furthermore, establishing clear goals, timelines, and performance metrics helps to track progress and ensure accountability throughout the change initiative. Flexibility and adaptability are…
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In today's dynamic business landscape, effective management is increasingly focused on fostering a culture of innovation within organizations, Innovation management involves creating an environment where creativity is encouraged, risks are embraced, and new ideas are cultivated Managers play a critical role in championing innovation by providing the necessary resources, support, and guidance to employees. They also facilitate collaboration across different departments and levels of the organization to leverage diverse perspectives and expertise. Moreover, effective innovation management involves establishing processes for idea generation, evaluation, and implementation, while also fostering a tolerance for failure and learning from mistakes. By prioritizing innovation, organizations can stay ahead of the competition, adapt to changing market demands, and drive sustainable growth
Question: How can managers effectively foster a culture of innovation within an organization while also…
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Innovation as a Mindset
Chip initiated a large change by deciding to move the Innovation Center from Turkey to San Francisco. His decision successfully wove innovation into the company culture. Think about your organization and its relationship to innovation.
If a large change is not realistic over the next few months, what small change or adjustment could you make in your organization to ignite a passion for innovation among everyone—beyond just those individuals working on innovations?
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The successful management of change is clearly essential for continued economic performance and competitiveness and is the life-blood of business success.Compare TWO (2) methods to minimize employee resistance to change.
No handwriting, no random copy and paste, thank you
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How do I respond in 100 words to this?
Strategic management is a process that is determined by the mission and goals within the organization. Strategic management for an organization consists of their internal and external environment, where strategies are implemented by leadership while analyzing the organization strengths and weaknesses within the scope of their internal and external environment to attain successful goals. As for any organization, there should be a clear understanding of what the organization has to offer and how they aim to deliver on their products and services provided. There should also be a reason behind why the organization exists. If the organization's market orientation makes a sudden change, implementing new strategies will provide a more long term basis.
The downfall for many organizations is the lack of fundamental understanding to determine best practices of successful strategies to increase profitability within the organization. The vast majority of…
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Chapter 10 in your eText discusses Kotter's (2007) eight-step change model. Which of these steps do you think is the most challenging? Which is most important? Give specific examples of how an organization either effectively navigated all 8 steps or alternatively, missed one of the steps and it led to change resistance or ineffective change.
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Explain the 1st and 2nd picture.
1st pic:
purpose of DISRUPTIVE INNOVATION
how it works
netflix's disruptive innovation
2nd pic:
strengths
limitations
role of management accountant
Please explain in essay form and in easy way like explaining to students. Thank you.
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“The secret of change is to focus all of your energy not on fighting the old, but on building the new” -Socrates
State THREE (3) forces that act as stimulant to change in an organization
2.Explain TWO (2) sources of individual and TWO (2) sources of organizational resistance to change.
3.Outline THREE (3) actions which may be taken by management to overcome resistance to change.
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how can leaders build a culture of innovation through
i. Embrace a Multi-Faceted Approach to Innovation, Starting at the Bottom
ii. Choose Your Approach to Innovation Metrics Wisely
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1. Innovation is the specific tool of entrepreneurs, how they exploit change as an opportunity for a different business or service. Explain any FIVE (5) sources ofopportunity for innovation in business.
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_____ is the person who serves as one of the key persons in managing change initiatives.
Change agent
CEO
CFO
CIO
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Innovation is the driving force behind progress and growth in today's rapidly evolving business landscape. It involves the creation and implementation of new ideas, processes, products, or services that add value to customers and differentiate organizations from competitors. Successful innovation requires a culture that encourages creativity, experimentation, and risk-taking, along with the necessary resources and support from leadership. By fostering an innovative mindset and providing opportunities for collaboration and learning, organizations can stay ahead of the curve, adapt to changing market demands, and sustain long-term success.
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Sylfaen
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Please answer .
Themanagement of innovation demands a broad and balanced approach. What are the factors deemed to be critical for achieving success in innovation management?
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Read the following articles along with this week’s lecture and the associated chapters:
The Role of Stimulating Employees' Creativity and Idea Generation in Encouraging Innovation Behaviour in Irish Firms
Leading into the Next Frontier
Using these articles and other resources, develop a plan to create a culture where creativity and adaptability is embraced. In doing so, be sure to address the following in your plan:
The four aspects of stimulating creativity
The three fundamental skills involved in cultivating adaptability
How you plan will provide opportunities for upcoming leaders.
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Provide an example of a change initiative you experienced.
Discuss how each of the five elements of ADKAR was applied or could have been applied to support the success of the change initiative.
Which element of the ADKAR model do you believe was the most challenging for you to embrace? Why?
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What KSAs do you possess related to the 12 competencies? Why are these important?
Are there any change management competencies identified by the Change Management Institute that you currently do not possess but believe would be valuable to develop? Explain.
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Change management is a systematic approach that organizations employ to transition from their current state to a desired future state. It involves planning, implementing. and monitoring changes in processes, systems, or structures to minimize resistance and enhance the likelihood of success. Effective change management encompasses communication strategies, stakeholder engagement, and a focus on the human side of change, recognizing that people play a crucial role in the success or failure of any organizational transformation. It emphasizes the need for leaders to articulate a compelling vision, provide clear objectives, and create a supportive environment that fosters adaptability. By addressing concerns, acknowledging the impact on individuals, and facilitating a culture of continuous improvement, organizations can navigate change more smoothly.
How can organizations strike a balance between the need for change and the preservation of organizational culture and employee morale…
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Related Questions
- Select an organization of your choice and identify an area that requires change. State the mainidea of change that you want the organization to practice and explain how you are going toimplement the proposed idea. Describe the change process in an organization and mention someproblems that you may encounter at each step of the change process.arrow_forwardJeevan is a R&D manager who wanted to implement the innovation process in his organization. He explained in the department meeting that innovation activities are all scientific, technological, organizational, financial and commercial steps which actually, or are intended to, lead to the implementation of innovations. He requested you to explain about the innovation. You are required to differentiate the innovation from creativity and explain the attributes of the innovation and the innovation process.arrow_forwardPart One: Indicate whether the following sentences are true or false: levels of innovation can be classified as incremental/radical innovation or sustaining/discontinuous innovation. Incremental /radical innovation focuses on the newness and impact of innovation.arrow_forward
- Comment on this statement: "Google is so successful it does not need to change anything in its strategic framework." Resistance to change is more likely to succeed if the forces resisting the change are stronger than the forces driving the need for change. What are some common reasons that people resist change? Describe some of the specific tactics that "resisters" would employ to thwart change efforts. What are at least 2 strategies to help "resisters" embrace change?arrow_forwardTo have successful innovation, you will need to practice, teach, and facilitate creativity with the teams you will be working with. As you read Chapter 4: Creativity, Innovation, and InventionLinks to an external site. from the Openstax Entrepreneurship online text, you will start to understand and develop the creative process that other successful innovators have mastered and currently use. Instructions Read Chapter 4: Creativity, Innovation, and InventionLinks to an external site. from the Openstax Entrepreneurship online text. Answer the following questions Is creativity the presence, or the absence of structure? Explain your answer. Why would a model for creativity be useful? Why does the model for innovation stress that it does not end with problem solving? Why does the section on invention focus so much on building a team? Aren’t most inventors and truly creative people famous for working solo? What were your three main takeaways from this chapter?arrow_forwardInnovation is an important element in the success of any business. What kinds of innovation can be found among organizations? How can any organization encourage| ?its employees to foster their ideasarrow_forward
- Change management is the process of planning, implementing, and monitoring changes in an organization to ensure successful outcomes and minimize resistance. Change can take various forms, including organizational restructuring, technology implementation, process improvements, or shifts in company culture. Effective change management involves several key principles. Firstly, it's essential to create a compelling vision for the change, clearly articulating the reasons behind it and the benefits it will bring. Communicating this vision to all stakeholders helps to build understanding and buy-in. In addition, involving employees in the change process by seeking their input, addressing concerns, and providing opportunities for training and development fosters a sense of ownership and reduces resistance. Furthermore, establishing clear goals, timelines, and performance metrics helps to track progress and ensure accountability throughout the change initiative. Flexibility and adaptability are…arrow_forward1. Using problem ideation approach, identify business ideas.Identify at least 5 societal problems then think of a business idea relatedto your field of discipline that will solve the problem. Briefly describe theproblem as well as the business idea. 2. Based on the four criteria: attractive, achievable, durable and value creating, selectthe best idea. Explain why you think the business idea is attractive, achievable,durable, and value.arrow_forwardIn today's dynamic business landscape, effective management is increasingly focused on fostering a culture of innovation within organizations, Innovation management involves creating an environment where creativity is encouraged, risks are embraced, and new ideas are cultivated Managers play a critical role in championing innovation by providing the necessary resources, support, and guidance to employees. They also facilitate collaboration across different departments and levels of the organization to leverage diverse perspectives and expertise. Moreover, effective innovation management involves establishing processes for idea generation, evaluation, and implementation, while also fostering a tolerance for failure and learning from mistakes. By prioritizing innovation, organizations can stay ahead of the competition, adapt to changing market demands, and drive sustainable growth Question: How can managers effectively foster a culture of innovation within an organization while also…arrow_forward
- Innovation as a Mindset Chip initiated a large change by deciding to move the Innovation Center from Turkey to San Francisco. His decision successfully wove innovation into the company culture. Think about your organization and its relationship to innovation. If a large change is not realistic over the next few months, what small change or adjustment could you make in your organization to ignite a passion for innovation among everyone—beyond just those individuals working on innovations?arrow_forwardThe successful management of change is clearly essential for continued economic performance and competitiveness and is the life-blood of business success.Compare TWO (2) methods to minimize employee resistance to change. No handwriting, no random copy and paste, thank youarrow_forwardHow do I respond in 100 words to this? Strategic management is a process that is determined by the mission and goals within the organization. Strategic management for an organization consists of their internal and external environment, where strategies are implemented by leadership while analyzing the organization strengths and weaknesses within the scope of their internal and external environment to attain successful goals. As for any organization, there should be a clear understanding of what the organization has to offer and how they aim to deliver on their products and services provided. There should also be a reason behind why the organization exists. If the organization's market orientation makes a sudden change, implementing new strategies will provide a more long term basis. The downfall for many organizations is the lack of fundamental understanding to determine best practices of successful strategies to increase profitability within the organization. The vast majority of…arrow_forward
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Recommended textbooks for you
- Management, Loose-Leaf VersionManagementISBN:9781305969308Author:Richard L. DaftPublisher:South-Western College Pub
Management, Loose-Leaf Version
Management
ISBN:9781305969308
Author:Richard L. Daft
Publisher:South-Western College Pub