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What is Innovation-Oriented Leadership

Innovation and Resource Management Strategies for Startups Development
A leadership approach known as “innovation-oriented leadership” strongly emphasises promoting and advancing innovation inside a company. It entails leading and inspiring teams to develop and use fresh ideas, approaches, and solutions to enhance goods, services, processes, and overall performance. Leaders focused on innovation frequently promote innovation, risk-taking, and a culture of ongoing learning and adaptation. They highly value transparent communication, teamwork, and investigating cutting-edge strategies to meet opportunities and difficulties. This leadership style is crucial for organisations to remain competitive and adjust to quickly changing circumstances.
Published in Chapter:
Symbiosis of Innovation-Oriented Leadership and Start-Ups: Focused on India
Damini Saini (IIM Raipur, India), Madhu Bhushan (Kalinga University, India), and Akanchha Singh (Apeejay Stya University, India)
DOI: 10.4018/979-8-3693-2077-8.ch005
Abstract
Interest in entrepreneurship and the startup movement has increased a growing debate and research regarding innovation in many avenues, including business models. Many startups, nationally and internationally, are doing exceptionally well, and it is obvious that they are highly inclined towards innovation in various dimensions of their business. Innovation is otherwise also necessary in the changing environment of the contemporary business world. Many startups have designed novel business models for new organizations or reconfigured existing business models. This chapter will focus on the aspects of the requirement of innovation-oriented leadership in business and how it leads to an effective business model. The authors will also discuss the critical role played by innovative approaches in setting up a new business venture. Additionally, the chapter will discuss the stories of successful Indian startups and how innovative leadership contributed towards startups.
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