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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 ...
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 ...
84% of employees at the World's Best Companies say that management shows sincere interest in them and makes expectations clear.
According to Burns, transformational leadership can be seen when "leaders and followers make each other advance to a higher level of morality and motivation." [8] Through the strength of their vision and personality, transformational leaders can inspire followers to change expectations, perceptions, and motivations to work towards common goals.
Since innovation is more than simply invention, the process of leadership can in and of itself be innovative. Innovation is a crucial part of being an effective and productive transformational leader. A transformational leader is creative, interactive, visionary, empowering, and passionate.
“Leadership is about making others better as a result of your presence, and making sure that impact lasts in your absence.” — Sheryl Sandberg “You do not lead by hitting people over the head.