Hitt, Resonate, And Serp An Innovative Analysis

‘Herewith appear to be the most pressing matters; one, infective and inexperienced entrepreneurial leadership. Two, the dialectic nature between front of house and back of house, and three, a lack of general training motivation and direction in original concept.’

Eric Reis, a successful entrepreneur, stated that successful companies in the future is need to fast adapt by practicing continuous deployment of idea, planning and more experimentation, ie creating organizations that have the ability to cultivate, test and materialize new ideas (Heskett, 2013). So, in terms of the large scale innovations like what Apple went through, transformational leadership was necessary.

Innovation is a word that draws attention, elicits excitement, and makes a company stand out. Innovation architecture can be described in the same manner, but it applies to ideas and products that already exist. Whenever a product is formulated or redesigned innovation is an important aspect. My interview took place with an employee of Wework, which is a company that has changed the atmosphere of how entrepreneurs meet and interact. My reflection will provide an overview of the company, what challenges I face with my current employer, and how I can foster an innovative culture within my own organization.

This research intends to explore innovation at an individual level, but in a context, where the roles and functions of an organization appear eminent either as a promoter or an inhibitor of innovation.

There are many entrepreneurs who come together as an organization and build an entrepreneurial culture to seek opportunities for innovations. An entrepreneurial culture is an environment where entrepreneurs are inspired to create new innovations. Innovation is basically to have a new idea, to change something from the old and make it new. The way people interact with one another and recognize their environment is all a part of a culture. In a business industry setting, entrepreneurial cultures are defined as the business owners getting together to inspire each other to brainstorm new ideas/ products, innovations. There are many companies out there that exemplify innovation. One that comes to mind and I believe everyone can agree is Apple

“Innovation is definitely not self-starting or self-perpetuating. People make it happen through their imagination, will power, and perseverance” (Kelley and Littman.2005.p. 6). I believe that an innovation leader is a person who empower himself with knowledge and skills to support others and create a change. My personal definition of innovation is “when people work hard to create a change and transfer their positive ideas into actions.” My personal philosophy of innovation is influenced by the book The Ten Faces of Innovation. From this book I learned that people can play different roles in their lives to be a good innovators. For example, in a hospital the head nurse can play the Anthropologist role and come up with new insights to

“Innovation is definitely not self-starting or self-perpetuating. People make it happen through their imagination, will power, and perseverance” (Kelley and Littman.2005.p. 6). I believe that an innovation leader is a person who empower himself with knowledge and skills to support others and create a change. My personal definition of innovation is “when people work hard to create a change and transfer their positive ideas into actions.” My personal philosophy of innovation is influenced by the book The Ten Faces of Innovation. From this book I learned that people can play different roles in their lives to be a good innovators. For example, in a hospital the head nurse can play the Anthropologist role and come up with new insights to help new staff to succeed in their nursing journey and encourage them to be more effective. “ The anthropologist brings new

The Breakthrough Innovation Framework, or BrinnovationTM, incorporates Kotter’s Leading Change model, while emphasizing a framework of innovation (Gupta, 2011). The Brinnovation framework accentuates the abilities and talents of those in the system, with its success depending on a change in the organization’s culture to embrace innovation (Gupta, 2011). The leadership can achieve a transformation in organizational thinking by applying Kotter’s eight-step plan, focusing on creativity (Gupta, 2011).

The importance of a leader’s ability to embrace and promote change can not be over stated. It is imperative for a leader to understand and manage changes in the work place in order to promote innovation and therefore creativity from the work force. A leader that promotes innovation promotes an environment of change and with it people that are encouraged to accept changes. The leader’s role is very important because they have a duty to create and atmosphere that promotes innovative ideas and changes (Huber, 2014).

Collins illustrates a persuasive profile of what it takes to be the leader of not a good but a great organization in the modern day. He also demonstrates the development of successful organizations as a consequence of ethical behavior rather than despite

Every business leader requires strategy and vision be prosperous. However, that single-handedly does not assure effective implementation of new inventions. It is the responsibility of you as a manager to involve the minds

“Whenever you see a successful business, someone once made a courageous decision” (Shore, 2014). Innovation is the process of translating an idea such as invention, information, practice, product, service, technology to create knowledge and valued to customers (Skarzynski and Gilbson, 2008). In today’ world, leaders, organizations, and countries are adopting innovation culture by demanding every member of the team to be creative to protect the organization success. Leaders from all over the world, have proven innovation changes the way of doing business by understanding the past and present generates a brighter future. For instance, Jack Ma was born in China; he is a self-made billionaire because he is the founder and the CEO of Alibaba; which is the world’s biggest online marketplace (Polk, 2015). Moreover, Carlos Slim was born in Mexico City; he is the richest man alive because he has dominated the industry of telecommunication known as Telmex (Mehta, n.d). Furthermore, Thierry Hermes born in Germany is the creator of Hermes; which is the leading finest brand for fashion in Europe (NMA, 2015). The element of each organization’s culture is supported through invention, capitalize intrapreneurship, process, and systems, and fostering innovation architect. Alibaba, Telmex, and Hermes are one of the most innovated companies generating billions of dollars each year.

As Albert Einstein said, “If you always do what you always did, you will always get what you always got.” This quote is applicable for organisation and fully underpins the value of having a culture of innovation in order to meet short, medium and long term objectives.

Companies live and breathe innovation; or, at the terribly least, notice it basic to their success. Such companies are those that others ought to emulate for they recognize that to do business, as Peter Drucker prompt in an exceedingly recent Harvard Business review article, “Every firm—not simply businesses—needs one core competence: innovation.”

The ability to innovate is becoming a critical indicator of business success. Discuss in relation to two sectors.