Abstract

Innovation is a hot topic for industrial companies especially in a competitive environment. As there is a lack of innovation in combination with leadership style, the aim of the paper is to combine these factors as inputs for leaders of tomorrow for industrial companies. Nowadays leaders are looking for a new kind of leadership style, which drives the innovation in the company too. The theoretic perspective is being considered with the basic leadership styles as well as with input of some international successful leaders of innovative companies. The trends of a practical orientation of a specific industrial sector provide with their findings and tips for successful innovative leadership. The leaders of tomorrow will find some solution approaches for their leadership styles in innovative companies so that they can enhance the innovation power in their industrial companies.

Highlights

  • The topic of leadership is getting more and more important and after decades of different leadership stiles, the question raised if there is a connection between leadership stile and innovation

  • If theoretical findings are considered together with practical results, there are some approaches in the literature that suggest innovative leadership styles

  • Leadership styles have been highlighted in different ways for several decades, but not with a focus on innovation

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Summary

Introduction

The topic of leadership is getting more and more important and after decades of different leadership stiles, the question raised if there is a connection between leadership stile and innovation. In this paper the definition of leadership will be explained at the beginning. In the main part the aspect of innovation and its criteria are being defined as well as an excerpt from a qualitative survey with manager of an industrial sector according to innovative leadership. The summary will close with the most important findings

Leadership Styles
Leadership Approaches
The Understanding of Leadership in the System Approach
Leaders use Sponsorship-claims Matrix for Driving Innovative Leadership
Evaluation of Innovation Criteria
Innovative Leadership
Practical Orientation of Industrial Companies for Innovative Leadership
Cross-sectional Analysis
Positioning of the Innovative Company on the Market
Summary of Practical Orientation
Conclusion
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