Purchase Solution

A Leader's Road to Innovation

Not what you're looking for?

Ask Custom Question

Innovation is a mechanism for organizational development. Visionaries and entrepreneurs may endure challenges when introducing new concepts, however, future innovators can reap the rewards of success as long as hard work, longevity, and dedication are the primary mode of operation.

Purchase this Solution
Solution Summary

Some of the best innovators succumb to industry challenges prior to reaching the pinnacle of success. Every idea is not classified as the greatest innovative concepts. Leaders from the past and present realize the importance of working diligently until a desired outcome is achieved.

Solution Preview

The concept of innovation is to build a new product or service based on the necessities of the marketplace. An innovator critically examines competitive forces. He or she compares current trends and take every opportunity to create his or her own trends. Visionaries breed innovation; most often visionaries are individuals whose initial ideas were rejected several years before reaching success. Walt Disney, as one example, was rejected by his editor who claims Disney lacked creativity. The current success of Disney proves that his editor was terribly mistaken. Albert Einstein created and submitted his dissertation to enter Polytechnic in Zurich; unfortunately, the university rejected it many times. Einstein was apparently misunderstood, i.e. people had a difficult time accepting his unorthodox behavior, as is the case with many visionaries.

Oftentimes individuals do not understand the perspectives of visionaries, as a result, visionaries are not exempt from rejection. Steve Jobs, for example, revolutionized the technological world with the Mac, yet people disliked him because he was considered a stern leader. In a tribute blog dedicated to Steve Jobs, Kevin O'Leary acknowledges some key ideas that aspiring innovators can utilize such ...

Purchase this Solution
Free BrainMass Quizzes
Transformational Leadership

This quiz covers the topic of transformational leadership. Specifically, this quiz covers the theories proposed by James MacGregor Burns and Bernard Bass. Students familiar with transformational leadership should easily be able to answer the questions detailed below.

IPOs

This Quiz is compiled of questions that pertain to IPOs (Initial Public Offerings)

Change and Resistance within Organizations

This quiz intended to help students understand change and resistance in organizations

Social Media: Pinterest

This quiz introduces basic concepts of Pinterest social media

Marketing Management Philosophies Quiz

A test on how well a student understands the basic assumptions of marketers on buyers that will form a basis of their marketing strategies.

View More Free Quizzes
Related BrainMass Solutions

  • Leader's Cultural Base and Innovativeness

    A leader's cultural base may influence his or her ability to lead globally in that "culture refers to a groups shared set of beliefs, norms and values" (NCBI, 2001: 48).

  • Leadership qualities:

    On the other hand transformational leadership model focuses on the leader's vision and the leader's appeal to what is right.

  • What is a strategic road map?

    The goal of innovation management is to implement this strategy well. Road mapping leads to effective project portfolio development and management.

  • A Problem of Organizational Behavior Issues

    More important, it offers a road map to the future and suggests guidelines to those in a given enterprise--how people are to act and interact to attain what they regard as desirable.

  • Professional Developmental Plan

    This five step road map will include building a solid association foundation, co-developing the current leader's exit strategy, minimizing the association's risk, strengthening systems and processes, and finally transitioning the leadership.

  • At 3M, a Struggle between Efficiency and Creativity

    Are elements of entrepreneurship present under either leader's approach? 5. Which approach to innovation do you think would be best at 3M? 6.

  • The leader's challenge is to help individuals grow and fulfi

    407562 The leader's challenge is to help individuals grow and fulfill their personal potential while advancing the organization's goals'.

  • Charismatic, Transformational and Transactional leadership

    Please ask for me on future jobs as a Special Request and rate 5/5 for my effort. As you examine transformational leadership, it is a form that ignites change and innovation. Rewards are a key part of this style.

  • Alan Mulally: type of leadership style

    The primary tool being the use of a narrative to gain buy-in for the leader's vision and using their strength of character (charisma) to take charge during times of change (Denning, 2005; Gumusluoglu & Ilsev, 2009).

View More Related Solutions