26 Jun Creativity and innovation
Creativity and innovation
What is the importance of innovation and creativity in Entrepreneurial Development?
The Unit clearly outlined the importance of language towards being innovative and creative. Language is what makes life meaningful and enjoyable. The way we apply the language in our day to day lives, distinguish us from others (Lumsdaine and Binks 12). Language conforms to innovativeness and creativity in entrepreneurship. This paper seeks to identify the role played by creativity and innovation towards the development of entrepreneurs such as Steve Jobs, Henry Ford, Richard Branson and Ted Turner among others. These organizational leaders have one thing in common: They possess traits like Creativity, innovation and risk-taking. The entrepreneurs have to balance between the present market conditions and the future concepts that would bring success to them (Lumsdaine and Binks 35).
What distinguishes entrepreneurs from other business owners like sole proprietors is the ability to incorporate their entrepreneurial traits into leadership, competency profiles and models. Example of leadership models are taking calculated risks, intellectual curiosity, cultivating new approaches and ideas and viewing thinks differently. Leadership framework offers entrepreneurs with an objective and common language to express innovation and creativity and signifying the importance of these factors to entrepreneurship (Burger-Helmchen 193).
Second, entrepreneurs should not be influenced by myths but present confidence, independence, comfort with ambiguity and risk to be creative. Many organizations strive to create entrepreneurship by teaching the employees to give situations different approaches without fearing failure or mistakes. Entrepreneurs ought to understand that innovation can be created from any situation and that not every idea conforms to innovation (Burger-Helmchen 199). Successful organizations like Walmart have invested in development of communication and collaboration culture among its employees. Entrepreneurs should acknowledge the fact that successful innovation and creativity needs collaboration from different professions within the organization: Entrepreneurs should not take any risk that comes their way; they ought to be moderate risk takers.
Successful entrepreneurs gives ideas a hypothesis-testing approaches while seeking to cultivate those approaches/ideas in others. Entrepreneurs are independent when investing their ideas, they respond objectively to challenge and pressure, and endure roadblo
Our website has a team of professional writers who can help you write any of your homework. They will write your papers from scratch. We also have a team of editors just to make sure all papers are of HIGH QUALITY & PLAGIARISM FREE. To make an Order you only need to click Ask A Question and we will direct you to our Order Page at WriteDemy. Then fill Our Order Form with all your assignment instructions. Select your deadline and pay for your paper. You will get it few hours before your set deadline.
Fill in all the assignment paper details that are required in the order form with the standard information being the page count, deadline, academic level and type of paper. It is advisable to have this information at hand so that you can quickly fill in the necessary information needed in the form for the essay writer to be immediately assigned to your writing project. Make payment for the custom essay order to enable us to assign a suitable writer to your order. Payments are made through Paypal on a secured billing page. Finally, sit back and relax.
About Writedemy
We are a professional paper writing website. If you have searched a question and bumped into our website just know you are in the right place to get help in your coursework. We offer HIGH QUALITY & PLAGIARISM FREE Papers.
How It Works
To make an Order you only need to click on “Order Now” and we will direct you to our Order Page. Fill Our Order Form with all your assignment instructions. Select your deadline and pay for your paper. You will get it few hours before your set deadline.
Are there Discounts?
All new clients are eligible for 20% off in their first Order. Our payment method is safe and secure.