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Select one of the five dilemmas listed in the text in the Challenges to Innovation section and elaborate on potential solutions that include leadership support.

Include specific leadership practices from a Christian worldview that would be important and relevant. (Respond in 250 words)

Innovation challenges

• Seeds versus weeds:

? Frequently there are an abundance of new ideas

?Challenge is to select productive ideas that support a competitive advantage

• Experience versus initiative:

?Senior managers have more experience but tend to be adverse to risk-taking

?Mid-level managers may be closer to the innovation process and be more enthusiastic

• Internal versus external staffing:

?Internal employees with increase social capital may hinder the innovative process

?External staffing can add additional expenses of time spent recruiting training and relationship building but with the benefit of being able to bring in outside perspective

• Capabilities versus collaborating:

? Innovative projects often require additional skill sets

? New skill sets can sometimes be obtained from other departments

? Collaboration efforts can sometimes lead to dependency or power struggles

• Incremental versus preemptive launches:

? Incremental launches are less risky

? Incremental launches take less resources

? First attempts can serve as pilot projects

? Comprehensive rollouts require more resources

? Lose the ability to learn from previous mistakes

? Requires more management

Management Theories, Management Studies

  • Category:- Management Theories
  • Reference No.:- M92785927

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