Sunday, May 3, 2020

Innovation Leadership and Sustainability

Question: Discuss about the Innovation Leadership and Sustainability. Answer: 1: When I am usually done with stuff, I mostly try to recycle as much as possible. The things that I disposed in the last 24 hours are the trash, some books and some old clothes of mine. I donated the books to a local library. I gave away the clothes to charity. Every time I clean my room or my attic, I happen to find at least 10 things that I could do without yet I still dont throw them away. I took out the trash and the trash truck probably took it to the landfills. I usually recycle the organic wastes that I have in the house and use them as manure for my home and roof garden that I am passionate about (Livesey Kearins, 2002). I am not a shopper but I do get emotionally attached to stuff easily and would not have the heart to throw them out without recycling anything that can be. I have an organized home which I clean on a regular basis and dont need much organization. The only thing I do it have a trash can and a recycle bin in the kitchen so as to categorize what is to be throw n away and what is to be recycled. 2: When thought about open and closed innovations in general, it is hard not to think about them as totally entirely different entities. The open innovation may be carried upon in many businesses when the innovations can lead to generation of revenue through ownership or patents. But the closed innovations are a must when the innovation that is about to be made is for a game-changer idea. Companies like Apple when they were working on the iPhone did not open their innovations to the public up until they launched in the keynote by Steve Jobs. It is better for some ideas to stay open and some to be closed. There must be an equilibrium state in between open and closed innovations where innovations with higher value should be kept for element of surprise and demand creation whereas smaller ideas can be leaked for others to know and to improve the idea in their own way. If I were to consider two stakeholders in my organization, I would pick a colleague and my manager (Sernovitz, Godin and Kawasaki, 2009). This way, if I choose to go with the open innovation as an independent company, I can always trust the colleague who has been working with me for years. And the open innovation to the manager would be like giving the idea to the company without expecting anything in return or possibly made a partner in the future business when this idea is incubated. 3: The nine laws of Biomimicry are so important that every industry is trying to integrate them into their projects and try to trigger innovation in different ways. If I were to choose among the nine, I would probably choose nature runs on sunlight, nature demands local expertise and nature recycles everything (Nidumolu, Prahalad and Rangaswami, 2009). Generating power from solar energy is the being focused on much these days with the effects the earth is facing due to pollution, global warming etc. This has led people to think about relying on renewable sources of energy such as the solar energy. The organization that I am in can be fitted with solar panels on the roof so as to generate power whenever there is sunlight. This can be useful in cutting back of electricity bills. Our company usually needs help like outsourcing of projects and even though the company is capable of bringing in the most sought people from any part of the world, our CEO ask us only to get people from the lo cal area who are experts in the tasks assigned. This is how the nature demands local expertise. In our office, we have a recycle bin where we recycle a lot of paper, cardboards, and whatever we possibly can on a regular basis (Du Plessis, Hargovan and Bagaric, 2010). This gives us the sense of doing our part for safeguarding the environment. This is in reference to the nature recycles everything. 4: Being transparent in a situation like this is the best idea than to hide the facts from the press and media coverage where they already are picking up on every single clue that the company has left in the digital scenario. As a leading official in this situation, since it is the digital era and I can reach the masses in the press of a button or through social media, I would take timely action by apologizing to the general populace. This would earn the trust of the people as this is considered as a bold movement. The initiative is to take up apology route and let the audience know that this problem will be looked into as soon as possible with the help of experts. The apology should not only make clear explanation of how the company is sorry for the actions done knowingly or unknowingly and would take immediate steps to get things fixed. Even while doing this, I should get proper information from my superiors on the things I am allowed to say on the media and should stay cautious at all times (Bovey and Hede, 2001). I would also make sure to find the person who is responsible for hacking the confidential information from the company and take further actions to decide what has to be done legally regarding this. 5: There may be several reasons why people at the workplace may resist changing. They may be accustomed to a specific comfort zone and the change can scare them. Lack of communication in not consulting them before making the change decision may throw them off at times. Most people are bound to the traditional practices that they fear change as they believe that change can bring about new problems. Lack of trust is also a causative factor that can trigger people to resist changing (Boone and Kurtz, 2009). There was a colleague who refused to accept when his lunch breaks were shortened by 10 minutes. There was obviously some miscommunication between him and my employer where they eventually ended by quarreling at the office. The Human Resources asked him about his feelings about the change and he let them know that he could not work freely with the lunch break being shortened and they gave him flexible lunch hours in order to satisfy him. Another colleague passive aggressively resisted changes in our management strategy where he constantly used the silent treatment and would not cooperate well with the team. I, as the team leader, talked to him and he said that he did not like the new management strategy as they made him feel controlled and he was not independent like before (Chesbrough and Appleyard, 2007). Then, we talked to my employers and fixed the changes. 6: There are several reasons why the for-profit organizations go for social causes and non-profit organizations to go in hand with certain commercial products of the business market. When considering things for the benefit of the society, there automatically is some media coverage of the philanthropy. Many people target the social benefits by changing their legal structures in order to boost their income from what they are receiving already. The legal structures in the early stages might not receive the expected attention by the market and the consumers (Hargroves and Smith, 2006). Helping a social cause by supporting a non-profit organization gives them the heads start in having medias attention a lot to offer to the society and can be at good terms with the customers that will possibly trigger the sales in the for-profit organization. This has become a common strategy in the business scenario that almost every company is pulling a publicity stunt more or less. References Boone, L.E. and Kurtz, D.L., 2009.Contemporary business 2010 update. John Wiley Sons. Bovey, W.H. and Hede, A., 2001. Resistance to organisational change: the role of defence mechanisms.Journal of Managerial Psychology,16(7), pp.534-548. Chesbrough, H.W. and Appleyard, M.M., 2007. Open innovation and strategy.California management review,50(1), pp.57-76. Du Plessis, J.J., Hargovan, A. and Bagaric, M., 2010.Principles of contemporary corporate governance. Cambridge University Press. Hargroves, K. and Smith, M., 2006. Innovation inspired by nature: Biomimicry.Ecos,2006(129), pp.27-29. Livesey, S. M., Kearins, K. (2002). Transparent and caring corporations? A study of sustainability reports by The Body Shop and Royal Dutch/Shell. Organization Environment,15(3), 233-258. Nidumolu, R., Prahalad, C.K. and Rangaswami, M.R., 2009. Why sustainability is now the key driver of innovation.Harvard business review,87(9), pp.56-64. Sernovitz, A., Godin, S. and Kawasaki, G., 2009.Word of mouth marketing: How smart companies get people talking. New York: Kaplan.

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