Executives willing to succeed in the knowledge-based economy will need to adopt transformational leadership at the highest organizational levels in order to develop innovation. This article adopts a holistic approach to address the following research question: how can transformational leaders meet the need for innovative products and services?
Transformational leaders solve problems and people across industries members frequently solve technical problems and share their ideas and knowledge together – especially when it comes to charitable and disaster-type events. This frequent contact and keenness to share existing practice and knowledge in solving daily technical problems can in turn enhance a shared understanding among organizations that make up certain industries and it does not even matter if they are in the same industry.
To provide an array of leadership theories and models, the next section examines some theories and models that are directed at developing a better understanding of the concept and evolution of leadership thought. There have been several shifts in the study of leadership, and subsequently newer approaches to leadership emerged leading up to the emergence of transformational leadership as a key enabler for organizational innovation.
About the Author
Mostafa Sayyadi, CAHRI, AFAIM, CPMgr, works with senior business leaders to effectively develop innovation in companies, and helps companies – from start-ups to the Fortune 100 – succeed by improving the effectiveness of their leaders. He is a business book author and a long-time contributor to HR.com and Consulting Magazine and his work has been featured in these top-flight business publications.
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