Reference no: EM132996586

Select an organization you know (or wish to work for). Imagine the selected organization has been facing problems like poor communication, lack of vision, lack of accountability, negative growth, etc and hence decided to recruit a new CEO. The management has advertised the position. For this task, students have to consider that they have applied for the job and have been called for an interview for the position of CEO. In this task, you are required to prepare and present a report on innovative thinking and creativity based on your chosen organization. On the basis of this report your application will be assessed. You may need to interact with relevant stakeholders and use a range of techniques and tools to get some ideas on innovative thinking and practice. Consider the following points and prepare a report now -
1. (a) Provide a brief introduction of the business, its products and services.
(b) Current position and problems being faced by the business.
2. Explain the various techniques and tools to generate innovative ideas and new thinking for the business.
3. Using the identified techniques and tools, research, review and critically analyze the trends which are shaping organization's current and future thinking and practice, including the key concepts, current theories and processes.
4. Evaluate the overall context for innovative and creative thinking at both the individual level and the collective level, including for the organisational context, and for the broader industry context.
5. Review and consider the different leadership styles suitable for innovative thinking and practice.
6. Review and refine your own style and practice in relation to modeling and supporting innovation. Document the review, including methods applied to refine your style and practice.
7. Identify and evaluate the risks associated with innovation within the organization, documenting control measures suitable to manage these risks.
8. Establish ways to capture communicate and share innovative ideas and practices within the organization.
9. Explain the approaches to initiate and foster communication, consultation and team development approaches that support innovation.
10. Explain and establish mechanisms at the system and the process level that can support innovation.