Role of Strategic Leadership in Fostering a Culture of Innovation within Organizations
DOI:
https://doi.org/10.47604/ijsm.2886Keywords:
Role, Strategic Leadership, Culture, Innovation, OrganizationsAbstract
Purpose: The aim of the study was to examine role of strategic leadership in fostering a culture of innovation within organizations
Methodology: This study adopted a desk methodology. A desk study research design is commonly known as secondary data collection. This is basically collecting data from existing resources preferably because of its low cost advantage as compared to a field research. Our current study looked into already published studies and reports as the data was easily accessed through online journals and libraries.
Findings: strategic leadership plays a pivotal role in fostering a culture of innovation within organizations by guiding and shaping the organizational climate and behaviors that support creativity, risk-taking, and adaptation. Through effective strategic leadership, organizations can cultivate an environment where innovation thrives, driven by visionary leadership, alignment of goals with innovation objectives, and empowerment of employees to explore new ideas and solutions. The study highlighted the significance of leadership styles, organizational culture, and contextual factors in influencing innovation outcomes.
Unique Contribution to Theory, Practice and Policy: Transformational Leadership Theory, Organizational Culture Theory & Resource-Based View (RBV) may be used to anchor future studies on role of strategic leadership in fostering a culture of innovation within organizations. Implement leadership development programs that emphasize the cultivation of innovation-supportive behaviors among current and aspiring leaders. These programs should focus on enhancing skills in vision setting, fostering creativity, promoting psychological safety, and aligning organizational goals with innovation objectives. Establish reward systems that recognize and celebrate innovative efforts and successes within the organization. By incentivizing innovation, leaders can reinforce a culture where risk-taking and experimentation are encouraged, fostering continuous improvement and adaptation. Develop policies that create an environment conducive to innovation, such as flexible work arrangements, dedicated resources for research and development, and cross-functional collaboration initiatives. Policies should be aligned with strategic goals and actively supported by top management to ensure consistent implementation and effectiveness.
Downloads
References
Adeleye, I., & Ayoade, O. (2020). Digital innovation and entrepreneurship in Nigeria: Prospects and challenges. Journal of Innovation and Entrepreneurship, 9(1), 12. doi:10.1186/s13731-020-00121-0
Avnimelech, G., & Teubal, M. (2020). The roots of high-tech entrepreneurship: Israel's rise and policy challenges. Research Policy, 49(1), 103898. doi:10.1016/j.respol.2019.103898
Avolio, B. J., & Yammarino, F. J. (2013). Transformational and charismatic leadership: The road ahead. Emerald Group Publishing Limited.
Barney, J. B. (1991). Firm resources and sustained competitive advantage. Journal of Management, 17(1), 99-120. doi:10.1177/014920639101700108
Bass, B. M. (1985). Leadership and performance beyond expectations. Free Press.
Borchardt, R., & Hilty, L. (2019). Industry 4.0 and sustainable production: A review of research needs and existing initiatives. Journal of Cleaner Production, 208, 1498-1511. doi:10.1016/j.jclepro.2018.10.133
Cameron, K. S., & Quinn, R. E. (2011). Diagnosing and changing organizational culture: Based on the competing values framework. John Wiley & Sons.
Edquist, C. (2020). The Swedish innovation system and its development in the 21st century. Scandinavian Journal of Management, 36(1), 101084. doi:10.1016/j.scaman.2019.101084
Eisenberg, M., & MacCormack, A. (2019). Innovation ecosystems: A critical examination. Harvard Business School Working Paper, 20-020.
Etzkowitz, H., & Klofsten, M. (2019). Innovation intermediaries: From technology transfer to localised knowledge spillovers. European Planning Studies, 27(7), 1343-1359. doi:10.1080/09654313.2019.1600715
Gassmann, O., & Reepmeyer, G. (2021). Switzerland's innovation ecosystem: Key success factors and future challenges. Research Policy, 50(1), 104117. doi:10.1016/j.respol.2020.104117
Govindarajan, V., & Trimble, C. (2012). Reverse innovation: Create far from home, win everywhere. Harvard Business Review Press.
Gupta, S., & Singh, P. (2019). Innovation landscape in India: Opportunities and challenges. Journal of Innovation Management, 7(3), 65-83. doi:10.24840/2183-0606_007.003_0005
Habiyaremye, A., & Ormachea, J. M. (2020). Innovation policy and economic development in Rwanda: Challenges and opportunities. Technovation, 92-93, 102048. doi:10.1016/j.technovation.2019.102048
Hauknes, J., & Knell, M. (2019). Innovation policy: Theory, strategy, and practice. Oxford University Press.
Jones, A. (2019). Innovation and economic growth: Evidence from patenting and R&D expenditure. Journal of Economic Perspectives, 33(3), 121-142. doi:10.1257/jep.33.3.121
Jung, D. I., Chow, C., & Wu, A. (2003). The role of transformational leadership in enhancing organizational innovation: Hypotheses and some preliminary findings. The Leadership Quarterly, 14(4), 525-544. doi:10.1016/S1048-9843(03)00050-X
Jung, D. I., Chow, C., & Wu, A. (2018). The role of leadership in creating a culture of innovation. Journal of Leadership & Organizational Studies, 25(2), 127-140. doi:10.1177/1548051817720594
Jung, J., & Seo, D. (2020). Innovation policies and economic development in South Korea: Past, present, and future. Research Policy, 49(8), 104034. doi:10.1016/j.respol.2020.104034
Kihara, J., & Waema, T. (2017). Kenya’s journey towards building a digital economy through ICT innovation. Telecommunications Policy, 41(10), 1000-1011. doi:10.1016/j.telpol.2017.09.006
Kim, Y., & Kim, J. (2018). Innovation and entrepreneurship in South Korea: A comparative study of startups and conglomerates. Asian Journal of Innovation and Entrepreneurship, 2(1), 45-62. DOI: 10.1108/AJIE-11-2017-006
Koh, S., Ho, Y. P., & Seah, K. T. (2018). Singapore’s innovation ecosystem: A critical assessment and policy recommendations. Journal of Business Research, 88, 392-399. doi:10.1016/j.jbusres.2018.03.049
Kotter, J. P. (2012). Accelerate! Harvard Business Review, 90(11), 45-58.
Kumar, R., & Kundu, A. (2018). Digital innovation and entrepreneurship in Africa: The case of Rwanda. Journal of Business Research, 88, 344-351. doi:10.1016/j.jbusres.2018.04.018
Lall, S., & Pietrobelli, C. (2020). Technological capabilities in South Africa: A new industrial policy approach. World Development, 128, 104845. doi:10.1016/j.worlddev.2019.104845
Lee, Y., & Hong, S. (2016). Innovation and entrepreneurship in China: The role of tech giants. Technovation, 55-56, 28-38. doi:10.1016/j.technovation.2016.02.006
Masika, R., & Yabe, M. (2018). Mobile payments and financial inclusion: Evidence from M-Pesa in Kenya. Journal of African Economies, 27(1), 83-103. doi:10.1093/jae/ejx020
Masika, R., & Yabe, M. (2018). Mobile payments and financial inclusion: Evidence from M-Pesa in Kenya. Journal of African Economies, 27(1), 83-103. doi:10.1093/jae/ejx020
Ministry of Trade and Industry Singapore. (2021). Research, Innovation and Enterprise 2020 Plan. Retrieved from https://www.mti.gov.sg
Mutula, S., & Brakel, P. (2020). ICT innovation and entrepreneurship in Kenya: A review of developments and opportunities. International Journal of Information Management, 50, 255-263. doi:10.1016/j.ijinfomgt.2019.07.002
National Bureau of Statistics Nigeria. (2021). National Innovation and Entrepreneurship Strategy. Retrieved from https://www.nigerianstat.gov.ng
Nonaka, I., & Takeuchi, H. (1995). The knowledge-creating company: How Japanese companies create the dynamics of innovation. Oxford University Press.
Schein, E. H. (1990). Organizational culture. American Psychologist, 45(2), 109-119. doi:10.1037/0003-066X.45.2.109
Shi, Y., & Li, W. (2021). China's innovation ecosystem: Trends and implications. Research Policy, 50(2), 104087. doi:10.1016/j.respol.2020.104087
Sosik, J. J., & Jung, D. I. (2018). Full range leadership development: Pathways for people, profit, and planet. Routledge.
Sosik, J. J., & Jung, D. I. (2018). Full range leadership development: Pathways for people, profit, and planet. Routledge.
Tanaka, H., & Takahashi, K. (2017). The Toyota Production System: An example of innovation in manufacturing. International Journal of Production Economics, 193, 103-112. doi:10.1016/j.ijpe.2017.06.009
Tushman, M. L., & O'Reilly, C. A. (1997). Winning through innovation: A practical guide to leading organizational change and renewal. Harvard Business School Press.
Winkler, H., (2021). Renewable energy innovation systems in South Africa: A review of progress and challenges. Energy Research & Social Science, 76, 102016. doi:10.1016/j.erss.2021.102016
World Economic Forum. (2021). The Global Competitiveness Report 2020. Retrieved from https://www.weforum.org/reports/global-competitiveness-report-2020
Downloads
Published
How to Cite
Issue
Section
License
Copyright (c) 2024 Joy Davis
This work is licensed under a Creative Commons Attribution 4.0 International License.
Authors retain copyright and grant the journal right of first publication with the work simultaneously licensed under a Creative Commons Attribution (CC-BY) 4.0 License that allows others to share the work with an acknowledgment of the work's authorship and initial publication in this journal.
