Analysis of Leaders in Innovation
Assignment Overview
Your readings have introduced you to Vineet Nayar, then-CEO of HCL Technologies. His approach to leading innovation transformed an at-risk IT services company into a global leader. By examining Nayar's example and that of other leaders like him, we can learn more about the skills and behaviors of such leaders and how they prepare their organizations to be more innovative. It helps to have a model of assessment when studying these leaders. For this assignment, you will use the five discovery skills from your The Innovator's DNA textbook.
Assignment Instructions
For this assignment, identify and analyze the global trends that influenced the need for Nayar to create a more innovative organization. Explain the relationship between the global trends and Nayar's role as a leader of innovation.
Evaluate Nayar's use of the five discovery skills as an innovation leader. Address all five discovery skills, assessing whether each has a role in this situation, as well as the level of Nayar's effectiveness in using each skill.
Make recommendations for Nayar's improvement on use of the discovery skills. Consider potential opportunities for Nayar to improve his skills or apply them differently.
You will also be evaluated on how well you communicate your analysis and insights. It is expected that you will communicate in a manner that is professional and consistent with expectations for members of the business professions. To aid you in doing this, follow these guidelines:
Carefully organize your paper so that a section is labeled and devoted to each of the following topics. Make sure that the reader can easily find:
A section that analyzes factors in the global environment that influenced Nayar's need to create a more innovative organization.
A section that assesses how the five discovery skills can be used to impact innovation in organization.
A section that evaluates Nayar's use of the discovery skills and includes recommendations for him to improve his use of the skills that encourage and support innovative organizations.
Optionally, graphs or diagrams may be included in appendices, if they are well-explained and applicable.
Each section of the paper must be supported using the course readings, and additional scholarly resources or reputable industry publications may be used, if needed. One to three supporting resources are recommended.
Your assignment will be scored on the following objectives-see the scoring guide for details:
-Analyze factors in the global environment that influence the need to create innovation within an organization.
-Assess the potential impact of the five discovery skills on an organization.
-Evaluate a leader's use of discovery skills related to supporting innovation within an organization.
-Recommend leadership improvements and opportunities related to supporting innovation within an organization.
-Communicate in a manner that is professional and consistent with expectations for members of the business professions.
Open Innovation and the Role of People
In this discussion, you will explore how leaders can be used to support open innovation. Your The Innovator's DNA text uses Procter & Gamble as an example of an innovative organization in several discussions. You have also examined the Procter & Gamble case study from IBS Research Center.
How can the DNA of innovation leaders be used to support open innovation at Procter & Gamble?
Also discuss the role of people-pertaining to the DNA of disruptive organizations-in supporting open innovation at the company.