Briefly explain the strategic contingency power theory.
How is corporate creativity characterized?
Of the key stages of the creative process, which stage requires information gathering and identifying special individual interests? Why is this stage important?
Almost every company finds some aspect of innovation challenging. What are two key challenges to business innovation?
According to the strategic contingency power theory, creativity is based upon an individual’s ability to manage personal or group problems. At the individual level, problems that may hinder a person from working creatively are derived from three psychological or habitual determinants. Please identify and briefly explain the three determinants.
Explain what it means for executive leaders to give innovators room to “play”?
There are common misunderstandings regarding innovation within organizations. Briefly explain one such misunderstanding.
Describe what it means to create a context for change.
Business leaders who want to encourage innovation may have to act as a first-line filter for ideas. Explain why.
Leading innovators are taking a more sophisticated approach to innovation. Discuss at least two of the strategies they are taking to promote innovation.
Some of the world’s leading brands, such as Apple, Google, Samsung and GE, have adopted the Design Thinking approach. Briefly explain the concept of Design Thinking.
Managers who are leading innovators have characteristics that set them apart from other leaders. Identify at least three of these characteristics.
Why are innovation teams emerging as part of a new strategy for many corporations?
Define the term business model innovation.
