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Foundations of Leading Innovation, business and finance homework help
Foundations of Leading Innovation, business and finance homework help
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Suggested Resources
The resources provided here are optional and support the assessment. They provide helpful information about the topics. You may use other resources of your choice to prepare for this assessment; however, you will need to ensure that they are appropriate, credible, and valid. The MBA-FP6006 – Leading Innovation in the Global Organization Library Guide can help direct your research. The Supplemental Resources and Research Resources, both linked from the left navigation menu in your courseroom, provide additional resources to help support you.
Leadership Models, Practices, and Approaches
The resources below contain a number of leadership models, practices, and approaches that support innovation.
- Theories: Old and New | Transcript.
- Detecting Global Trends | Transcript.
- Global Trends and Innovation | Transcript.
- Holten, A., & Bøllingtoft, A. (2015). Is it only good? The dark side of leadership for creativity and innovation. Journal of Leadership Studies, 9(3), 50–52.
- Keohane, N. O. (2013). Higher education in the twenty-first century: Innovation, adaptation, preservation. Political Science & Politics, 46(1), 102–105.
- Strategic Management Insight. (2013). PEST & PESTAL analysis. Retrieved from https://www.strategicmanagementinsight.com/tools/p…
Assessing Discovery Skills
The resources below contain information about assessing discovery skills.
- Buck, S. (2012). 2012 presidential address: Daring to be different using five discovery skills. Journal of Family and Consumer Sciences, 104(3), 8–11.
- Dyer, J. H., Gregersen, H. B., & Christensen, C. M. (2009). The innovator’s DNA: Five “discovery skills” separate true innovators from the rest of us. Harvard Business Review, 87(12) 60–67.
- Herrin, A. (2014). Watch: Mastering the five skills of disruptive innovators [Video] | Transcript. Harvard Business Review. Retrieved from https://hbr.org/2014/10/watch-mastering-the-five-skills-of-disruptive-innovators.
- Strange, W. (2012). Interview with Hal Gregersen, author of The Innovator’s DNA. Strategic Direction, 28(3), 33–35.
Creating a Culture of Innovation
The resources below contain information about creating a culture of innovation.
- Armstrong, E. G., & Barsion, S. J. (2013). Creating “innovator’s DNA” in health care education [PDF]. AcademicMedicine, 88(3), 343–348.
- Crenshaw, J. T., & Yoder-Wise, P. S. (2013). Creating an environment for innovation: The risk-taking leadershipcompetency. Nurse Leader, 11(1), 24–27.
- Minter, S. (2013). Leading innovation. Retrieved from http://www.industryweek.com/innovation/leading-inn…
- Morton, K., & Magnus, R. (2016). Leading innovation: Insights from industry executives (part 1). Retrieved from https://www.fminet.com/fmi-quarterly/article/2016/…
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Assessment Instructions
Note: The assessments in this course build upon one another and should be completed in sequence.
Course Scenario
Imagine that a company that your work for (or would like to work for) sent you to a global leadership conference that covered a wide variety of topics. As you listened to several speakers and presentations and attended workshops and break-out sessions, it occurred to you that a common theme was emerging. Successful modern corporations are innovators! It sounds almost self-evident, but what does it really mean to be an innovator? You resolve yourself to explore the concept of what it takes to be an innovator in more depth.Later in the conference, the keynote speaker discussed leadership in the global economy. Then it occurred to you innovative leadership was a common thread among companies that were thriving globally. Right then and there, you commit to researching what makes a successful leader of innovation. A germ of an idea begins to grow in your mind…
Preparation
- Select and research two leadership practices or models that foster innovation in organizations.
- Research an organization that is generally accepted to be a global innovator and has a leader that is largely responsible for its success. The key is to find an instance of innovative leadership that you can examine in detail.
- Research the concept of Discovery Skills in the assessment Resources or on the Internet.
Directions
- Analyze leadership (or a single leader) from a global company that has ushered in an era of innovation for their organization. Do the following:
- Briefly describe the organization, the leader(ship), and his or her approach to innovation.
- Analyze two general leadership models, practices, or approaches used by the leader(ship) at this company that enabled innovation.
- Why were they successful?
- In addition to describing the leadership practices and providing specific evidence of their use, describe what innovation this practice helped seed.
- Analyze how the leader(ship) changed the culture of the organization to be more innovative.
- Analyze how the leader(ship) used at least three discovery skills. Provide specific evidence of their use and what innovation each skill helped seed
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