What drives a successful business? Motivated employees, a strong business structure, strategies, and capabilities to name a few factors. But the most important factor of a successful business that puts all these together is an innovative leader. Innovative leaders motivate employees, form a strong business structure, come up with strategies and make them form into a reality or final product.
I. How leadership models support innovation in organizations
What makes a successful innovative leader? So far in this course we have read of a few leadership models that support innovation in organizations. In "Classical Leadership," Doyle and Smith summarize key models of leadership: ...view middle of the document...
Leaders have different styles of dealing with different situations. A mix of leadership style and the situation plays a huge role in how innovation can come about. The relationship between leaders and followers is important. The structure of the task and how clear goals, methods and performance standards are conveyed allow for successful leaders. Also position power, if the company strongly holds a leader up to the position to get things done, this gives the leader greater influence. A transformational leader raises the level of awareness of followers, raises the level of consciousness about the importance of certain outcomes, and how to reach them. Transformational leaders make followers feel important by raising their own self-interest for the sake of the company, and makes followers feel needed. Leaders have authority; they are given the right to direct people. Successful innovative leaders also have charisma. Charisma means being committed to a job, being passionate about it and making sure everything gets done to achieve an end goal.
In “Strategic leadership for the 21st Century, Hitt, Haynes, and Serpa (2010), the authors argue that effective strategic leaders had to (1) develop and communicate a vision, (2) build dynamic core competencies, (3) emphasize and effectively use human capital, (4) invest in the development of new technologies, (5) engage in valuable strategies, (6) build and maintain an effective organizational culture, (7) develop and implement balanced controls, and (8) engage in ethical practices.
II. The role of discovery and delivery skills for their support of innovation in organizations
How do the roles of discovery and delivery skills play in the success of an innovative leader? Dyer et al. (2011) suggested that innovators engage the following five behavioral skills: associating, questioning, observing, networking, and experimenting. Associating is the most important discovery skill. Associating occurs when people come up with new ideas and inputs. Innovators always ask questions and show a passion for change and improvement. Questions such as who, what, when, where, and why all lead to great new answers that lead to new ideas. Innovators watch and observe everything and everyone around them. These observations help them...