Some companies are able to sustain innovation over the long run, and their competitors find it difficult to replicate this success. For the innovative company, that innovation pipeline becomes a key source of sustainable competitive advantage. There is no one magic formula for innovation, but for the most successful firms it stems from a combination of leadership, culture and processes. This paper will take a look at some companies with strong track records for innovation, and analyze why those companies have been able to succeed where their competitors have failed.
Leadership comes in many forms, and the best leaders can drive a company's innovation pipeline. From a transactional perspective, leaders organize the company and motivation systems to influence innovation, but such organization can be replicated. What cannot be as easily replicated is a leader that actually drives the innovation at a company personally. Apple under Steve Jobs is a good example of a company that used leadership to drive innovation. Jobs was a combination of transactional leader and inspirational, and was personally responsible for guiding the development of the company's biggest projects. Leadership can inspire workers to innovate, but can also help to guide that innovation process in ways that enhance the end results. Innovation at Apple has always been linked to Jobs, and the company failed to innovate without him, and it remains to be seen if it can maintain its innovation pipeline under
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.
"It is a false assumption of mankind to assume the resilience of outdated practices," said western thinker and philosopher Slavoj Žižek. I agree with Žižek in supporting the statement that it is always necessary to find new solutions to problems. Innovation is paramount to our growth as a civilization, and will perish if not used, which can be exemplified through literature, history, and current world affairs.
Leadership has made our world for what it is today. Leadership is very powerful in the world, it can let the world know there always is something to believe in. If a leader can inspire and make others dream you can accomplish something
“There is no escaping change- except for death! Thus it makes good and prudent sense to learn as much as on can about the nature of change, including how to embrace it and how to maximize positive changes”(Porter_ O’Grady & Malloch,2016.p.4). It is important for a leader to understand her own philosophy of innovation and leadership to be effective in the workplace. In this course, I learned how to develop my philosophy of innovation and leadership, and how to create my own personal mission based on my ethics and core values to be effective DNP leader in the future.
America was founded upon key attributes that allowed its citizens to prosper which in turn created a progressive society. These same factors–an individual’s freedom of choice, the right to own property, free trade and competition, minimal government, and national security–are still relevant in today’s world.
Leadership is “ critical in codifying and maintaining an organizations’ purpose, values, and vision. “ ( PM World Today Journal ). Having good leadership methods in place at an organization is vital in bringing success to a company. Steve Jobs is highly stimulated and has a strong idea of what he wants for Apple to achieve in upcoming periods. He is a transformational leader, and this, “ represents the most popular current view of leadership. This leader is characterised by a capacity to create a highly motivating and absorbing vision of the future, and has the capability to energise others to pursue the vision. “ ( Claremont McKenna College Journal ). Jobs has put in a huge effort to create a strong framework of control and direction, for example, “ Since returning to Apple, Steve has put as much energy into creating a strong management structure as he has into the products. “ ( www.ft.com ). This is highly effective leadership, trying to improve the design of the organisation in order to achieve more efficiency.
Further methods of keeping readers attached to the paper included the introduction of the two hotlines that served to the queries of readers.
A powerful innovation process architecture is the foundation on which to build for innovation-led growth. Defining Lean Innovation techniques, making use of lean principles and leveraging mounted first-rate practices are the key setting up powerful innovation procedures. (Rogers, 2013). The approach style of leadership in which most decisions are made by the top management and communicated to the junior management. Such a style secures and makes sure of that very important issues have a well-developed approach for addressing such factors without necessarily taking to the organization to the edges. Moreover, this approach creates a solid basic structure on which bigger things can build an effective innovation of new things management and includes
In my current position I am working to bridge the gap between the continuing education programs and credit program. For example, my organization offers a continuing education program in which students can train to become Certified Nursing Assistant. After completing the course the student is allowed to sit for the state board exam in order to obtain a Certification as a Nursing Assistant. A first year nursing student completes the same requirement as a continuing education student. If the first year nursing student chooses to obtain the certification he or she will sit for the same exam in order to
“Leadership is the capacity to develop a vision that motivates others to move with a passion towards a common goal. Therefore, leadership is a process by which a person influences others to accomplish an objective and directs the organization in a way that makes it more cohesive and coherent” (Democracy, 2014). Apple CEO Tim Cook will predictably be compared to his antecedent Steve Jobs, but in one way, he 's greatly more like Bill Gates -- he has encouraged philanthropy at Apple (Stone, 2014). Under his leadership, Apple has become a much more socially aware company, working to enhance conditions in foreign factories and planning to reduce pollution caused by data centers and the devices themselves. In contrast to Tim’s leadership, a successful legend spread out at Microsoft Company where leader Bill Gates has many leadership qualities. One of the most important attributes is his capability to analyze, interpret, and be competent. His methodical intelligence is mentioned in his biography that corroborate of his abilities by scoring 1790 on an 1800 Harvard entrance exam (Stone, 2014). The excellent skills and mentality that Bill Gates has develop places him with to be one of the most powerful transformational leaders who motivate the crowds of whom he shares his vision.
Leadership is defined in Webster’s Dictionary as the “action of leading a group of people or an organization.” Leadership is also the ability to set trends, inspire, motivate, and sway others to produce desired results. There are different styles and ways of performing leadership and a good leader has the ability to take ordinary people, put them all together, and hopefully yield successful results. For organizations to have sustained results from their performance there must be a good balance of business insight, technical and interpersonal skills, and good team dynamics. A leader must know how to use all these areas as well as trust and communicate with their people in
Organizations depend on the management and leadership skills of individuals in order to be successful. Leaders do not have to be managers but are equally important. Leaders are individuals who possess traits, behavior and abilities to influence others to accomplish tasks and other needed objectives for the company. Leadership is defined as “the ability of an individual to influence, motivate, and enable others to contribute toward the effectiveness and success of the organization. . . .” (House et al., 1999, pg. 184).
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Innovation offers the companies a competitive advantage. Presently and within the future, more than any time in history, the key to competitive advantage is innovation. However innovation will facilitate businesses meet all of their strategic challenges, not simply competition; to illustrate, in confronting accelerating rates of change, globalization, apace advancing technology, a additional numerous workforce, associated a modification from an industrial to a knowledge-based economy. Meeting all of those challenges helps the firm attain competitiveness, and meeting these challenges suitably depends on innovation. Innovation allows a firm to workout its challenges in distinctive ways in which build competitive advantage either through relative differentiation, a relative low-priced position, or few acceptable level of each. Innovation cannot assure success, however success cannot be achieved within the end of the day without it.
The improvement of innovation is making a wide range of things should be possible all the more effectively. Included is a technique for conveying information to one or different PCs on the double. Perhaps we are a layman, don 't see how the procedure of the conveyance or dispersion of the information, in subtle element. Generally we know just restricted utilization of the fibre optic link in the conveyance process information. Also, and still, after all that just quickly information. As Human nowadays, Internet is already be part of our lives. An internet connectivity is a must in this modern era due to the technology that has grown rapidly. Wi-Fi has been with humans for about 30 years. And the first Wireless Technology introduced was the WaveLAN. And from that moment, the name of Wi-Fi became booming around the world and human uses a lot until now. Li-Fi was invented by Harald Haas from the University of Edinburgh, Scotland in 2011, when he exhibited surprisingly that by flashing the light from a solitary Drove, he could transmit significantly a larger number of information than a cell tower (Crew 2015). This technology has been demonstrated at the 2012 Consumer Electronics Show in Las Vegas using a pair of Casio 's smartphone data exchange by using light of varying intensity were released from their screens , were detected at a distance of up to ten meters. Which then this points to a question of many people asking, is Wi-Fi generation will be