Leading Innovation & Change

Topics: Change management, Innovation, Management Pages: 21 (5895 words) Published: December 14, 2012
Leading Innovation and Change
Final-term essay

March 15th, 2012
Effective words - 5262

Table of Contents
Introduction3
1.Critical literature review of theories of innovation and change4
1.1.Why innovation is critical for an organization?4
1.1.1.Creativity4
1.1.2.Definition of invention5
1.1.3.Definition of innovation5
1.1.4.Why innovation matters7
1.1.5.The driver of innovation7
1.2.How to innovate8
1.3.Moving from innovation to change8
1.3.1.What change is about9
1.3.2.Type of change9
1.3.3.Change management9
1.3.4.Resistance to change12
1.3.5.Change – People impact12
1.4.Leadership skills for innovation and change13
2.Critical analysis of practical examples of changes15
2.1.Successful change15
2.2.Unsuccessful change16
3.Personal leadership skills related to innovation and change17
3.1.Self-assessment of my own leadership style and skills17
3.2.Improvement plan18
Conclusion20
References21

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 market share. One way to increase their footprint or to stay the leader into specific markets is to offer new products, new solutions and / or services to their customers. This is where creativity, invention and innovation are playing a critical role within the organisation.

2.2.1. Creativity
Isaksen and Tidd (2006) argue that “creativity is the making and communicating of meaningful new connections to help us think of many possibilities; to help us think and experience in varied ways and using different points of view; to help us think of new and unusual possibilities; and to guide us in generating and selecting alternatives. These new connections and possibilities must result in something of value for the individual, group, organization, or society.” For Bills and Genasi (2003) creativity is “the capacity to challenge the existing order of things, by deliberately forcing ourselves out of our usual way of thinking, to see the status quo from a new and enlightening perspective, to form new ideas and find practical ways to implement change in the light of fresh insights”.

For Amabille (1997) “creativity is the first step in innovation”… Osborn (1953) creates Seven-step model for creativity thinking who balance between analysis and imagination. Here are his seven steps:- 1. Orientation: pointing up the problem

2. Preparation: gathering pertinent data
3. Analysis: breaking down the relevant material
4. Ideation: piling up alternatives by way of ideas
5. Incubation: letting up, to invite illumination
6. Synthesis: putting the pieces together
7. Evaluation: judging the resulting ideas
Dahlen (2008) relates that “researchers found three main factors that control the outcome of creativity”, the first one is the “situation” responsible for 43% of the creative result. The second factor is the “knowledge” which accounts for 32% of the creative result and lastly “Motivation” which represent the missing 25%. Personally these...

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.
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