Fostering Innovations through Authentic Leadership
Keywords:
innovations, creativity, authentic leadership, organizational changeAbstract
The modern world has become a small global village where the unpredictable situations and constant changes are demand of the day. High customer expectations, ever changing market situations and rapid innovative advancements, have compelled organizations to incessantly re-evaluate how they work and to adopt and implement changes in their business model in response of the changing trends. In such dynamic environment, leaders are challenged to find new ways to achieve lasting success, higher productivity and employee satisfaction. Modern leaders know that the full engagement of employees to the philosophy of the organization and the proper delegation of responsibilities will allow the organization to grow in the desired innovative direction. The intent of this paper is to examine the authentic management style that makes the organization promote the innovations as the main philosophy and core of its strategic development. By fostering the innovation process, a significant change of the typical company hierarchy might be observed, which further allows engagement and increased creativity of the employees, sustainable effectiveness and success of the organization in a long term perspective.
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