Leading Innovation & Change
Leading Innovation and Change
Final-term essay
March 15th, 2012
Effective words - 5262
Table of Contents Introduction 3 1. Critical literature review of theories of innovation and change 4 1.1. Why innovation is critical for an organization? 4 1.1.1. Creativity 4 1.1.2. Definition of invention 5 1.1.3. Definition of innovation 5 1.1.4. Why innovation matters 7 1.1.5. The driver of innovation 7 1.2. How to innovate 8 1.3. Moving from innovation to change 8 1.3.1. What change is about 9 1.3.2. Type of change 9 1.3.3. Change management 9 1.3.4. Resistance to change 12 1.3.5. Change – People impact 12 1.4. Leadership skills for innovation and change 13 2. Critical analysis of practical examples of changes 15 2.1. Successful change 15 2.2. Unsuccessful change 16 3. Personal leadership skills related to innovation and change 17 3.1. Self-assessment of my own leadership style and skills 17 3.2. Improvement plan 18 Conclusion 20 References 21
Introduction
This paper has been written in order to present a critical review of theories of innovation and change. Additionally, different theories will be compared and weaknesses or strengths will be highlighted. Document presented below is not only on an extensive review of the literature but also on my own working experience within banking industry.
This paper will contain three sections; the first section is theory review of Innovation and Change.
The second section consists of going through personal successful and unsuccessful changes which I faced in my professional environment.
The third and last section is about a self-assessment on my own leadership skills, including a personal action plan to support my further development. 1.
1. Critical literature review of theories of innovation and change
2.1. Why innovation is critical for an organization?
What company would like to avoid most is immobilism or even worst losing
Final-term essay
March 15th, 2012
Effective words - 5262
Table of Contents Introduction 3 1. Critical literature review of theories of innovation and change 4 1.1. Why innovation is critical for an organization? 4 1.1.1. Creativity 4 1.1.2. Definition of invention 5 1.1.3. Definition of innovation 5 1.1.4. Why innovation matters 7 1.1.5. The driver of innovation 7 1.2. How to innovate 8 1.3. Moving from innovation to change 8 1.3.1. What change is about 9 1.3.2. Type of change 9 1.3.3. Change management 9 1.3.4. Resistance to change 12 1.3.5. Change – People impact 12 1.4. Leadership skills for innovation and change 13 2. Critical analysis of practical examples of changes 15 2.1. Successful change 15 2.2. Unsuccessful change 16 3. Personal leadership skills related to innovation and change 17 3.1. Self-assessment of my own leadership style and skills 17 3.2. Improvement plan 18 Conclusion 20 References 21
Introduction
This paper has been written in order to present a critical review of theories of innovation and change. Additionally, different theories will be compared and weaknesses or strengths will be highlighted. Document presented below is not only on an extensive review of the literature but also on my own working experience within banking industry.
This paper will contain three sections; the first section is theory review of Innovation and Change.
The second section consists of going through personal successful and unsuccessful changes which I faced in my professional environment.
The third and last section is about a self-assessment on my own leadership skills, including a personal action plan to support my further development. 1.
1. Critical literature review of theories of innovation and change
2.1. Why innovation is critical for an organization?
What company would like to avoid most is immobilism or even worst losing
References: Amabile T. (1997), Motivating Creativity in Organizations, California Management Review Ashley Harshak, DeAnne Aguirre, and Anna Brown (2010) http://www.strategy-business.com/media/file/00057.pdf Balogun, J. and Hope Hailey, V. (2008), Exploring Strategic Change, 3rd ed. Financial Times Prentice Hall Barnet, H.G Baumol, W.J. (2002), The Free-Market Innovation Machine: Analyzing the growth Miracle of Capitalism, Princeton. Beer, M. and Noria, N. (2000), Breaking the Code of Change, Harvard Business School Beerel, A Bills, T. and Genasi, C. (2003), Creative Business: Achieving your goals through creative thinking and action, Palgrave Macmillan Carnall, C Dahlen M. (2008), Creativity Unlimited: Thinking Inside the Box for Business Innovation, UK: John Wiley and Sons Drucker, P.F Elster, J. (1983), Explaining Technical Change: A Case Study in the Philosophy of Science, Cambridge Flores, F Goffin, K.and Mitchell, R. (2010), Innovation Management, Palgrave Macmillan Hampden-Turner, C Hayes, J. (2002), The Theory and Practice of Change Management, Palgrave Macmillan Holbeche, L Isaksen S. and Tidd J. (2006), Meeting the Innovation Challenge: Leadership for Transformation and Growth, UK: John Wiley and Sons Johnson, G Kanter, R.M. (1983) The Change Masters: Innovation for Productivity in the American Corporation. New York: Simon and Schuster. Kotter, J.P. and Cohen, D. (2002), The heart of change, Harvard Business School Kotter, J.P Lewin, K. (1951) Field Theory in Social Science: Selected Theoretical Papers, D. Cartwright, New York: Harper and Row. Lewin, K. (1952) Field Theory in Social Science. London: Tavistock. Luecke, R. (2003), Managing Change and Transition, Boston, MA: Harvard Business School press Machiavelli, N Moore, G. (1991), Crossing the Chasm, Harper Collins Osborn, A (1953) Applied Imagination, New York: Charles Scribner Paton, R. A. and McAlman, J. (2008), Change Management: a guide to effective implementation. David Chesser Porter, M.E Tidd, J. and Bessant, J. (2009), Managing Innovation: Integrating Technological, Market and Organizational Change – 4th ed. West, M. A. and Farr, J. L. (1990), Innovation at work. In M.A. West and J. L. Farr (Eds.), Innovation and Creativity at Work: 3-13. Chichester, UK: John Wiley and Sons.