BSBINN801 Lead Innovative Thinking And Practice Questions Homework Answer

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Question :

QUESTIONS

Short Answers are required which is approximately 4 typed lines = 50 words, or 5 lines of handwritten text.

Answer the following questions either verbally with your assessor or in writing:

1. List eight examples of the range of techniques and tools which could be used to generate new ideas and thinking

2. What are four methods which could be used to introduce and promote creative thinking techniques in the workplace to foster personal and team innovation?

3. What are six examples of the specific conditions for innovation and issues that impact on individual and collective innovative thinking and creativity?

4. What are the different personal leadership styles you might consider to model positive innovative thinking and practice? Outline at least two

5. What steps should you follow to review, challenge and refine own style and practice in relation to modelling and supporting innovation?

6. What should you consider in particular when assessing and determining the requirements to promote sustainable innovative activity?

7. What should you consider when devising, or selecting, the most appropriate strategies to implement for knowledge transfer?

8. In what manner should you introduce and promote innovative practices, processes, products and services?

9. Why should you establish ways to capture, communicate and share innovative ideas and practices?

10. What are the three types of approaches you will need to initiate and foster to support innovation in the workplace?

11. What are the types of resources you will need to identify, assess and provide for

innovation to occur?

12. Depending on your organisation and the context in which it operates, there are a number of different strategies you may consider developing and applying to foster a workplace culture which encourages innovation. Outline four

13. What are three strategies which could be used to make innovation an integral part of organisational activity?

14. Discuss two ways of developing and monitoring processes to ensure there is ongoing awareness of both individual and collective contributions to the innovative thinking and practice

15. What evaluation criteria could you include when analysing and reflecting on innovation performance as a basis for developing strategies for improvement.
WRITTEN ACTIVITY
Your task is to research the following topics then outline your findings in a report. Use the questions below as a guide to your research:
1. Briefly compare and contrast the current theories and thinking about innovation with the innovation theories and thinking from the past 

2. How can the theory and thinking on innovation and creativity contribute to applied practice? 

3. What impact can leadership style have on innovation in organisations? Include in your answer how specific approaches may encourage or inhibit innovation 

4. Why is organisational and industry context relevant to innovation? 

5. What types of internal and external conditions or factors may impact on organisational innovation? 

6. Outline strategies for identifying, assessing and managing/overcoming risks and challenges associated with innovation 

7. List five examples of innovation drivers in an organisation

8. What are six examples of innovation enablers in an organisation? 

9. What mechanisms can be implemented at the system or process level to support innovative practices? 

10. What are five of the typical challenges and barriers to innovation within an organisation?

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Answer :

Questions

1. Some of the tools and methods that can be used for generating ideas are:

  • The storyboarding method
  • The mind-mapping method
  • Group sketching sessions
  • Creation of knowledge banks
  • The thinking hats technique
  • Reverse brainstorming
  • Flowcharting
  • Group discussion and analysis.

2. Some of the methods to promote and introduce creative thinking are as follows:

  • Make a list of suggestions. - Brainstorming practices will help one come up with new ideas. 
  • Scenarios for role-playing. -. Few companies are now using the technique to educate new hires.
  • Redefine the situation. - When people approach a problem in a different light, they create new options about how individuals react, sound, and think about it, which would result in new ideas.
  • Reserve judgment and remain adaptable. - One characteristic of innovative individuals is whether they don't see borders when others do; borders stifle creativity (Serrat, 2017).

3. Some examples for specific conditions of innovation that impact innovative thinking in teams and groups are:

  • Freedom- Individuals need control in order to decide the best way to complete their assignments.
  • Demanding Jobs: Difficult tasks inspire workers to function intensely and be pressured, as well as to believe that one’s work counts and is meaningful.
  • Respect for Coordination: Since creativity is a collaborative endeavor, individuals must collaborate in groups of different skill sets. 
  • Organizational ethics- a well-maintained and ethical organizational culture is necessary.
  • Adequate technological support and access to resources.
  • Provision for recognition, awards, or incentives.

4. Some of the leadership models that help in integrating creativity are charismatic leadership and functional leadership models. A charismatic leader influences the team-mates to be creative just by the actions, whereas a functional leader influences out-of-the-box thinking by performing a multi-faceted functional approach to organizational performance.

5. Some of the steps I should take to review, challenge and refine are:

  • Review the organizational performance at regular intervals. Review the efficiency parameters and metrics.
  • Challenge the orthodox and conventional organizational practices to replace new innovative ones.
  • Refine the analysis and working process of the organization.

6. The definition of self-sustaining growth in the current culture is focused on three considerations: financial prosperity, organizational preservation, and sustainable development. When seeking new feasible growth models, lengthy viability must not be ignored in favor of short-term personal gains. This should be kept in mind while assessing the requirements to promote sustainable innovative activity (Pot, 2011).

7. Some pointers to consider while determining strategies for knowledge transfer are as follows:

  • Mentorship
  • Experiential learning with a guide.
  • Modeling.
  • Work spotting.
  • Coupling.
  • Instructor-led preparation and e- Learning
  • Simulation

8. The manner in which one should introduce and promote innovative practices of products and services include:

  • Grant Everyone a Justification for innovation.
  • Emphasize the value of creativity to the business on a daily basis.
  • Have Planning Meetings Arranged to discuss changes?
  • Encourage 'spying' and teach them to be adaptive.
  • Making their working practices a component of their artistic analysis.
  • Regardless of private views, do endorse all proposals.
  • Overlook errors (Vila et al., 2014).

9. One should establish ways to share, communicate and capture innovative ideas for the general benefit. Allowing workers to exchange new insights that relate to the general trajectory of the institution's development is becoming increasingly necessary for recruiting top talent, satisfying consumer demands, and distinguishing yourself from rivals (Pot, 2011).

10. Some of the approaches to take to implement and support innovation in a workplace are: 

  • Look for new ideas on a daily basis. To produce proposals, foundation personnel and stakeholders may study and evaluate a range of sources of creativity.
  • Examine new concepts.
  • Cultivate the ability to think creatively.
  • Implement the new idea.

11. The types of resources to identify, examine and implement innovation involves an analysis of the following:

  • Unforeseen Events.
  • Breakthrough possibility.
  • Inconsistencies.
  • System Requirements.
  • Business and Consumer Adjustments. 
  • Population Shifts.
  • Awareness Changes.
  • Demographic information
  • Prevailing economic and political trends

12. A number of different strategies that can be used to foster a culture of innovation involve:

  • Continue from the edge and adopt a custom framework for creativity.
  • Encourage the workforce, and people will come up with creative ways to add value.
  • Recognize the failure is appropriate.
  • Choose The Creativity Indicators Strategy Wisely 
  • Benefit from the Experience and decide based on expertise (Zhou et al., 2011).

13. Some of the strategies and approaches used to integrate innovation in an organizational sphere are:

  • Offer the employees a degree of autonomy.
  • Give the staff the tools they need to put new ideas into action.
  • Commit the resources to the employees' artistic growth.
  • Don't just concentrate on R&D.
  • Enable the workers to make mistakes.
  • Establish a style of leadership that is flexible.
  • Don't belittle the colleagues.

14. The terms "organizing" and "regulation" are key terms when it comes to assessing and monitoring the level of awareness concerning the implementation of innovation. They go into planning principles, integral creativity, and the question of basic versus complicated advancements; they lay out a step-by-step roadmap for achieving a systemic strategy to organizational performance; and, ultimately, they emphasize the relevance of actively managing the whole innovation phase and development. All of which could translate to a high degree of performance assurance for good innovations (Oeij et al., 2011).

15. Significance, quality, efficacy, effects, and longevity are five assessment parameters that must be utilized when analyzing design initiatives according to the concept. Companies have introduced assessment requirements at decision points to provide policymakers with enough detail about alternative approaches and principles, and to enable them to make decisions that would help the organization the most (Oeij et al., 2011).

Written activity

1. Among the most important consequences of innovative technology theory development has been the understanding that innovation could really not only be fostered by technical R&D, and moreover means a position for policy to strengthen the organizational structure and engagement opportunities in order to further incentivize innovation. 

2. In applied practice, people have a greater chance of responding to developments and finding new prospects if they innovate. It can also aid in the development of a competitive edge by allowing you to provide more goods and resources for the consumers (Pinto et al., 2017). 

3. Appropriate leadership style influences or restricts innovation. For instance, democratic leadership style ensures flexibility and motivates employees to motivate while the autocratic leadership style prevents innovation by restricting the thinking of the subordinates (Bel, 2010). 

4. Significance, quality, efficacy, effects, and longevity are five assessment parameters that must be utilized when analyzing design initiatives according to the concept. 

5. The internal factors include work culture, employee motivation and leadership style while the external factor includes labor market, competitors and economic condition (OECD Manual, 2018). 

6. The usage of the tools like the decision-support tools, impact analysis and force-field analysis helps identifying and managing risks of innovation (Small Business, 2021). 

7. The five drivers of innovation are technology, process, people, organizational cluture and economic environment (Solomon, 2019).

8. The six examples are: 

  • Vision of leaders 
  • Financial support 
  • Metrics for measurement 
  • Effective innovative team 
  • Capability to develop and test 
  • Monetize value creation (CAIL, 2020)

9. Granting everyone a justification for new innovation. Emphasizing the value of creativity to the business daily is important. Having planned meetings arranged to discuss changes and encourage 'spying' and teach them to be adaptive  (Korableva, Goreloy&Shulha, 2017).

10. Five barriers to innovation are (Scott, Paul, Nair & Painchaud, 2019): 

  • Lack of leadership 
  • Short-term goals 
  • Absence of collaboration 
  • Absence of focus 
  • Lack of resources