Question

In: Operations Management

• What role does leadership play in innovation management? (be specific)

• What role does leadership play in innovation management? (be specific)

Solutions

Expert Solution

ANSWER

There are two ways to deal with innovation management by leaders:


1. Bottom-up approach
2. Top-down approach


Bottom-up approach:

  • Innovative environment should be provided by leaders, the environment which is conducive to creative ideas
  • Help, in solving the problem and if has any conflict resolution during the process of innovation, can be done by leaders
  • Assigning tasks to appropriate employees is an important step as well.
  • Motivate the team to boost morale and spark the innovation while giving them their freedom.

Top-down approach:

  • Leader needs to manage the resources such as money, time, infrastructure and data.
  • Leader must provide autonomy to the innovative team to try out their ideas and have some control over the processes within reason
  • Leader makes the vision and mission clear so that the team finds it easy to align their goals and tasks accordingly
  • Positive feedback from the leader is also a great motivation which may push the innovators over the edge and get them to the point they need to be
  • Hence, effective leadership in innovation management is a balance of both these types where one is stimulating innovation and other is managing innovation.

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