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Innovation leadership is complex, as can be seen from the Hunter & Cushenbery (2011) model, [9] and often paradoxes emerge that require leaders to strike a delicate balance between two conflicting roles (e.g. encouraging innovative ideas vs. limiting innovative ideas to include only those that are most viable and useful to the organization). A ...
Some examples of companies that drive breakthrough innovation include SpaceX, the leader in commercial space; Airbnb, which expanded the hospitality industry's capabilities; and Salesforce, an ...
Innovation can spark in a multitude of ways: research and development teams that invent new products; efficient processes padding a company’s bottom line; inspiring leaders who foster the ...
According to Burns, transformational leadership can be seen when "leaders and followers make each other advance to a higher level of morality and motivation." [5] Through the strength of their vision and personality, transformational leaders can inspire followers to change expectations, perceptions, and motivations to work towards common goals.
According to Stoll and Temperley (2009, 69–74), creative leaders foster conditions that can help to inspire creativity in others. These conditions include: "stimulating a sense of urgency if necessary, exposing colleagues to new thinking and experiences, providing time and space to facilitate the practicalities; setting high expectations, promoting individual and collaborative creative ...
From this, it can be seen that a transactional leader is negatively affected when the emotional level is high and positively affected when the emotional level is low. Transactional leadership presents a form of strategic leadership that is important for the organization's development. Transactional leadership is essential for team innovation.
Positive thinking and expression is another key concept in leadership within the book. Positivity can rub off on others around the leader, leading to productivity and satisfaction. Balancing positivity with negativity is important, with positivity a tool that leaders can use to get buy-in from staff for projects and programs.
Other definitions of entrepreneurial leadership have also emerged: An entrepreneurial leader will proactively identify opportunities to gain advantage through creativity, innovation and market understanding and then hold themselves responsible for delivering what customers need via the effective management of risk to optimise outcomes for both the organization and the customer.