This PPT slide, part of the 19-slide Innovation Strategies & Leaders PowerPoint presentation, outlines 2 distinct innovation strategies: New Business Creation and Radical innovation. Each strategy requires specific leadership profiles to effectively guide teams through the innovation process.
In the New Business Creation section, the focus is on the need for "mentors." These leaders are characterized as dependable yet demanding, tasked with steering teams toward market readiness. Their role is not just to provide oversight, but also to shield teams from typical hierarchical distractions that can impede progress. This suggests a need for a supportive environment where innovation can thrive, emphasizing the importance of resource allocation and coaching during challenging phases of project development.
The Radical section shifts to the concept of "architects." These leaders are described as far-sighted and practical, essential for executing entirely new business models or system innovations. Their role involves coordinating both internal and external resources, ensuring that all components work seamlessly together. The emphasis here is on visioning, indicating that these leaders must possess the ability to foresee the outcomes of their strategies and meticulously plan for every implementation step. This highlights the complexity of radical innovation and the necessity for a structured approach to manage it effectively.
The concluding note on leadership styles indicates that they should align with the chosen innovation strategy. This suggests a tailored approach to leadership, recognizing that different strategies may demand varying styles to optimize effectiveness. Overall, the slide presents a clear framework for understanding the leadership dynamics necessary for successful innovation initiatives.
This slide is part of the Innovation Strategies & Leaders PowerPoint presentation.
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