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Board leadership of innovation in contemporary circumstances

Board leadership of innovation in contemporary circumstances

Coulson-Thomas, Colin (2019) Board leadership of innovation in contemporary circumstances. Effective Executive, XXII (1). pp. 26-37. ISSN 0972-5172

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The uncertainties that characterise contemporary business and market environments complicate the challenge of leading innovation and responding responsibly to external trends and developments. More than incremental change may be required. However, when confronted with multiple and inter-related challenges and associated opportunities many boards find it difficult to obtain the objective and holistic advice they need concerning how best to respond and achieve the adjustments, adaptations or changes that are required. Boards need to re-engage with stakeholders, rethink corporate purpose, priorities, approaches, strategies and business models and seek holistic solutions that embrace supply and value chains. They should also periodically review their agendas, compositions and practices and rethink their role and contribution and that of disruptive and enabling technologies, governance arrangements, collaborators and external ideas in relation to stimulating creativity, enabling innovation and supporting entrepreneurship.

Item Type: Article
Additional Information: This article draws upon a theme paper prepared by the author for the 29th World Congress on Leadership for Business Excellence and Innovation.
Uncontrolled Keywords: Leadership, Board Leadership, Innovation, Directors, Uncertainty, Leading innovation, Business and Market environments, External trends and developments, Responsible leadership, Transformational change, Multiple and inter-related challenges, Boards of directors, Objective and holistic advice, Board responses, Adaptations Stakeholders, Corporate purpose, Corporate priorities, Corporate strategies, Business models, Holistic solutions, Supply and value chains, Board agendas, Board practices, Board contribution, Disruptive technologies, Enabling technologies, Governance arrangements, Corporate governance, Collaboration, Creativity, Innovation, Entrepreneurship
Subjects: H Social Sciences > HD Industries. Land use. Labor > HD28 Management. Industrial Management
Faculty / School / Research Centre / Research Group: Faculty of Business
Faculty of Business > Centre for Work and Employment Research (CREW)
Faculty of Business > Department of Human Resources & Organisational Behaviour
Related URLs:
Last Modified: 25 Apr 2019 16:06

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