MHR002 – LEADING INNOVATION AND CHANGE

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Subject Code

:

MHR002

Subject Name

:

Leading Innovation And Change

University Name

:

Universal Business School, Sydney

Introduction of Leading Innovation And Change

"I

ntrapreneurship” (corporate entrepreneurship) is an effective approach that helps organisations to innovate and

"I

ntrapreneurship”

change. In order to grow and stay ahead of competitors,
businesses must innovate and alter in response to the ongoing changes in their environments.

ntrapreneurship” (corporate entrepreneurship) is an effective approach that helps organisations to innovate and change. In order to grow and stay ahead of competitors,
businesses must innovate and alter in response to the ongoing changes in their environments.

The future success of the business depends upon innovation and change respectively. Innovation helps the organisation to make things better and faster as compared to their competitors.

This subject focuses on the fundamental components needed to establish a corporate entrepreneurship workplace within a company. It focuses on the organisation’s environment and culture, as well as ‘intrapreneurial‘ skill and development.

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Assignment Details

Leading Innovation and Change is a term that has been used by many. It is the process of taking a step ahead and getting ahead of the competition. Following are the questions for the assignment which are as follows:-

Question1.

“Leadership in an organisation is one of the most critical elements to the introduction of innovation and intrapreneurship as a strategy in an organisation”

Required. Research this topic on leadership.

Discuss this statement with relevance to an organisation, in particular.
Why is leadership important in organisations that have adopted a strategy?

What steps would you recommend leaders in a business take to introduce an innovation and
intrapreneurial environment and strategy into an organisation? (15 marks)

Question2.

Explain why an organisation’s culture is important to changing the employee mindset to one of innovation and entrepreneurship.

Required: Use examples to explain your research topic. (10 Marks)

Question3.

“Managers are the linchpins in the organisation when it involves successfully introducing a strategy of innovation and intrapreneurship in an organisation”

Discuss this statement with relevance to an organisation, in particular with reference to Innovation and intrapreneurship in an organisation. (10 Marks)

Question4.

Many companies have relied on innovation and intrapreneurship to pivot to accommodate the rapid change in their respective markets.

Research Entrepreneurial companies and identify a company that has successfully applied Ian innovative pivot to minimise the impact of Covid 19. (15 Marks)

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