Stability and Innovation: More or Less Critical?
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Do you think that stability is more critical to certain aspects of a given organization than others? On the same note, is innovation more important to certain aspects? How do you promote each, simultaneously, as a leader of the organization as a whole?
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Solution Summary
Stability and Innovation are two very important parts of an organization. However, there are times and there are areas where organizational leaders must decide which is more critical and apply it as appropriate in order to fit organizational goals.
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Do you think that stability is more critical to certain aspects of a given organization than others? On the same note, is innovation more important to certain aspects? How do you promote each, simultaneously, as a leader of the organization as a whole?
The stability of an organization as a whole is a very important part of success and competitiveness. However, stability is oftentimes not balanced throughout all the functions of an organization. Some organizations manage to maintain short-term stability via the use of strategic management, where management's main focus is on short-term ...
Education
- BA, Brooklyn College
- MBA/HCM, Phoenix University
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