Unit Three- (MGT 6103)
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The document outlines key factors for managing innovation successfully, including crafting a shared vision and leadership commitment to innovation, utilizing appropriate organizational structures, and recruiting and training key individuals. It discusses traits of innovative individuals like being bright, taking initiative, and effective communication. Successful innovation teams are defined as having clearly defined tasks and objectives, strong leadership, balanced roles to match skills, and effective conflict resolution. Barriers to innovation are listed as restrictive vertical relationships, poor lateral communication, limited resources, and an unfocused approach.
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This document provides guidance on establishing student societies within colleges. Some key points:
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- 5. • Bright, alert and intelligent • IQ vs. EQ • Seeks responsibility and takes charge • Skilled in task domain • Administratively and socially competent • Energetic, active, and resilient • Effective communicator
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- 7. • Dominance of restrictive vertical relationships (operating in silos) • Poor/non-existent lateral communications • Limited tools and resources • Top-down dictates • Formal bureaucracies for change • Culture of inferiority • Unfocused innovation activities • Lack of accounting/finance support