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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 ...
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 ...
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. Charisma, honesty, and being emotional are also seen as good signs of leadership. [5]
The difference leaders make is not always positive in nature. Leaders sometimes focus on fulfilling their own agendas at the expense of others, including their own followers. Leaders who focus on personal gain by employing stringent and manipulative leadership styles often make a difference, but usually do so through negative means. [174]
A good example is UBS, the global bank, which in the period 2002 to 2006 proactively developed entrepreneurial leadership amongst its top 500 leaders. The success of this was demonstrated by improvements in individual, team, and financial performance, the project becoming a key element in the Harvard Business School Case study, "UBS Aligning ...
Effective strategy processes move the “we/they” line down in the organization so that more people use the word “we” and take ownership for making things happen and making things better. [10] Good strategic leadership practices, with the right balance of the analytic dimension and the human dimension and the discipline and commitment to ...
Leadership roles are those that facilitate execution of an organization's strategy through building alignment, winning mindshare and growing the capabilities of others. Leadership roles may be formal, with the corresponding authority to make decisions and take responsibility, or they may be informal roles with little official authority (e.g., a ...
This need for an effective leader to remain true to their self-invention would be further expanded upon by others into what has become known as the authentic leadership approach. [ 15 ] Bennis created the Warren Bennis Leadership Institute (WBLI) at the University of Cincinnati, where he was the 22nd president.