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Exploratory and value-added innovation require different leadership styles and behaviors to succeed. [14] Value-added innovation (PwC, 2010) involves refining and revising an existing product or service and typically requires minimal risk taking (compared to exploratory innovation, which often involves taking a large risk); in this case, it is most appropriate for a leader for innovation to ...
Amy C. Edmondson is an American scholar of leadership, teaming, and organizational learning. [1] She is currently Professor of Leadership at Harvard Business School. [2] [3] Edmondson is the author of seven books and more than 75 articles and case studies. [4]
Clayton Magleby Christensen (April 6, 1952 – January 23, 2020) was an American academic and business consultant who developed the theory of "disruptive innovation", which has been called the most influential business idea of the early 21st century.
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Strategic leadership filters the applicable information, creating an environment where learning can take place. Strategic leadership is a combined responsibility of the leader, the follower, and the organization. Leadership presents challenges that call forth the best in people, and bring them together around a shared sense of purpose.
A chief innovation officer (CINO) or chief technology innovation officer (CTIO) is a person in a company who is primarily responsible for managing the process of innovation and change management in an organization, [1] as well as being in some cases the person who "originates new ideas but also recognizes innovative ideas generated by other people". [2]
Image source: The Motley Fool. RH (NYSE: RH) Q3 2024 Earnings Call Dec 12, 2024, 5:00 p.m. ET. Contents: Prepared Remarks. Questions and Answers. Call Participants ...
Research has found that this leadership style is one of the most effective and creates higher productivity, better contributions from group members, and increased group morale. Democratic leadership can lead to better ideas and more creative solutions to problems because group members are encouraged to share their thoughts and ideas.