unit three- (mgt 6103)
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Managing Innovation
MBA 6103Unit 3Innovation as Strategy
Building an Innovative Organization• Craft a shared vision, leadership and the will to innovate
• Utilize appropriate organizational design/structure
• Recruit and train key individuals
• Develop effective teams
• Encourage high-involvement
• Foster a creative climate
• Maintain an external focus
The Competing Values Framework
Leadership Roles - CVF
Traits of an Effective Leader• Bright, alert and intelligent
• IQ vs. EQ
• Seeks responsibility and takes charge
• Skilled in task domain
• Administratively and socially competent
• Energetic, active, and resilient
• Effective communicator
Traits of High-Performing Teams• Clearly defined tasks and objectives
• Strong team leadership
• Synergy and balance of roles to match skills/behavioral style
• Effective conflict resolution processes
• Key liaisons within organization• Intrapreneurs• Sponsors• Climate Makers• Idea Generators
Creativity Killers• Dominance of restrictive vertical relationships (operating in silos)
• Poor/non-existent lateral communications
• Limited tools and resources
• Top-down dictates
• Formal bureaucracies for change
• Culture of inferiority
• Unfocused innovation activities
• Lack of accounting/finance support
Idea Generation – Mindmap Examples