Innovation and Change Assignment Example | Topics and Well Written Essays - 1500 words

Innovation and Change - Assignment Example However it depends upon various factors including willingness to bring a change, vision for change, determination as well as leadership qualities, certainty of progress in right direction and guidance (Jarret, 2009). Different people have different strengths and weaknesses when it comes to finding a solution for their problems, but it is the circumstances due to which they come up with something extra ordinary and contribute to the process of innovation (Mayle, 2006). According to Rosanne Cash â€Å"The key to change... is to let go of fear†. A change can only occur when people let their guard off and let things happen as they please. Innovation on the other hand is derived from a Latin word that means â€Å"to introduce something new to the existing realm and order of things†. In simple words it’s kind of a small revolution in its self (Shavinina 2003). Innovation or change does not occur randomly but thoughts and effort is put into the process to implement a su ccessful change. Lots of decision making goes into this process which is affected by mental models, personal bias and stereotypes that consistently influence the decision makers during statistical computation (Jarret 2009). This does not mean that decisions made are effective sometimes they can be flawed as well. In fact many times the greatest obstacle in the way of innovative change is the flawed human judgment. For example, mergers largely fail to achieve potential. Failure in achieving an effective change can be due to many factors like lack of vision, poor processing, inappropriate business strategies etc. but being able to manage a flawed judgment is the key to survival. Change has to be strategized in a way that leads to successful future yet satisfies short term requirements (Holbeche 2006). Theories of Innovation and Change Different theories about innovation have been brought by different scholar that are being seen practically implemented on to this world such theories as presented by Max Weber, Nisbet, etc are important to be discussed so that change innovation can be well comprehended. With the existence of social science there have been untimely diverse changes in the society. The theory that emerged from Robert Nisbet was the first time people started noticing that there is link between change and society with its past and the present, and here started a new debate. Nisbet’s thesis presented the fact that there can be no reflection or study upon the social change evolving hence it is not measurable and it is distinguishable from the intellectual activity which is usually referred as history (Boudan 1986). Revolution can be defined as a social change that place within a very short period of time. Social change is made up of four factors that are; Modernization, Diffusion, cultural lag and indigenously initiated alteration within the systems. When society is not able to cope up with the forced factors that have been involved into it, change s in that society are inevitable and thus revolution comes into that society. Max Weber was the first person who thought that social changes are rather just not linked to the economics going on around people but to the entire social sciences that are revolving around us. These kinds of changes are important to be discussed and mentioned in researches where social communication is involved (Boudon 1986). Leadership of innovation and change: With the acceleration in the onset of change and innovation, leaders have to evaluate