Innovation has always portrayed a solemn part in advancing the quality of businesses. On an organizational level, innovation cannot succeed without fully present leadership. In the industrial economy, businesses could only be efficient if they have well thought-process strategies and strong execution. If an organization has not forward-thinking leadership, employees certainly won’t be.
For any organization, innovation solely makes sense when there is the process of ideas, and creativity will be implemented effectively. The new idea may be the creation of a new product or process or it can be an idea about how to transform completely the way business is carried out.
While today’s business environment is more compound and unpredictable, there’s a need to change in order to remain successful. And doing so, innovative leaders must be willing to grow and move forward to enable innovation in the organization. Accepting forward-thinking employees and processes aren’t enough to establish a baseline for innovation, it requires leadership that has to take a more active role. Because leadership has been suggested to be a significant factor affecting innovation.
Today, all over the world, innovation is an ascending issue and the peak levels of innovation are extremely dependent on the quality of leadership in the organization. There are various types of innovation often go hand in hand, including technical, process, and administrative innovation.
Technical innovation encompasses the creation of new goods and services and typically occur through research and development efforts and intended to satisfy demanding customers who are always looking for new, better, faster and cheaper products. Conversely, process innovation involves creating a new way of producing, selling or distributing an existing solution or service. And administrative innovation befalls when the formation of a new organization design better support to the creation, production, and delivery of products and services.
So, fostering these organizational innovations, leaders must possess expertise in the area that requires innovation, both knowing the details of where their organization stands when it comes to technology, and demonstrating a professional curiosity of where it could go. They challenge the status quo, and relying not on the safe and comfortable path but also on the company’s future vision to make decisions. Innovative leaders always crave information to stand out for a competitive edge and identifying germane facts that can drive innovation.
Organizational innovation always lies in asking questions and listening to the responses. Companies that prioritize innovation tend to embrace leaders and share quality leadership. That quality leadership comes only with acting, rather than talking. Innovative leaders have creative visions and big ideas, most importantly, they have the quality to motivate people around them to turn those ideas into reality. Innovative leaders don’t need to be the person who generates the idea behind an innovation. They simply recognize a great idea and envisages the path that leads to that idea of becoming a reality.
Quality leadership plays a crucial part in closing the gaps between a stated desire for innovation, and the unfortunate reality of resistance to change. Here, discussing the change and the need for organizational creativity is a great start for innovation, but requires the active participation of leadership to make it the truth.
Innovative leaders also require to have confidence in their team and ability to work together to achieve that dream. They know that leadership by demand is far less effective at fostering creativity and innovation than motivation and inspiration. Innovative leaders move at a rapid pace. They believe that things can be achieved sooner, not later.
Well, the organization requiring innovation needs a powerful imagination and excellent communications skills in their leadership. When leadership is strong, organizations seem to invariably lead to the innovation dimension as well.