COPORATE ENTREPRENEURSHIP

Corporate Entrepreneurship and Innovation

Corporate Entrepreneurship and Innovation

Organisational leadership and Its Role in Hindering and Supporting Entrepreneurial Innovation or Creativity Activity

Leadership is the task of motivating, guiding, directing and leading others in the right direction in order to fulfil certain mutual aims and objectives. A leader through leadership role shows the right and correct path to his or her subordinates. Organisational leadership provides subordinates the guidance with which they can bring improvement in their work. Organisational leadership can have an immense impact on the phenomenon of corporate entrepreneurship innovation and other creativity activities. Organisational leadership can impact the creativity process in an organization in both positive and negative ways. Creativity and innovative notions can come from variegated sources and to implement these different ideas it is imperative to have the support of organisational leadership. Bringing innovation and creativity in an organization is a complete and systematic process (Morris, Kuratko and Covin 2008, 21). This process needs the support of organisational leadership. This process can be described in a summarized way in the form of the following figure.

Figure 1: Bessant and Tidd 2007, 154

The above figure shows that the innovative process starts from developing entrepreneurial goals. So, it is essential for the leadership of an organisation to setup entrepreneurial goals. Another significant pint that can be extracted from this diagram that shows the innovation process is that from the step of finding opportunities till the develop ventures learning plays a crucial part as mentioned in the diagram. This learning process can be facilitated by the leaders or the organisational leadership (Bessant and Tidd 2007, 160). An organisation would only be able to create value through entrepreneurial innovation process if it would be able to facilitate this learning process through organisational leadership. This leadership can act as a positive influence as well as a negative influence. In order to prove this, the basic definition of leadership is enough. According to the management guru Peter Ducker leadership can be defined in a simple and straightforward way as follows: “The only definition of a leader is someone who has followers (Burns 2008, 15)."

This definition shows the positive influence of innovation over employees. In this definition, the following leader can be regarded as inspiration. This definition does not inert any pressure or direction. On the other hand, the following definition of the leadership shows negative influence that may hinder the creativity or innovative process in an organisation. “The increment of influence over and above an employee's mechanical compliance with routine directives of the organization (Bass 1985, 24)”

According to the above definition the role of a leader is to provide directions to the employees to carry out everyday task. Directions cannot urge an employee to produce innovative and creative work. Provision of directions, rules and regulation would hinder corporate entrepreneurship innovation process (Bessant and Tidd 2007, 156).

Organisational Culture and Its Role in Hindering and Supporting Entrepreneurial Innovation or Creativity Activity

An organization is the place where corporate culture brings life and makes it a place where people can ...