Many renowned management philosophers developed models that existed outside the paradigm in which they lived. As these notions overtook dominant paradigms, however, they became the standard of management thought.
Note. Learners may find it useful to reflect on discussions and assignments regarding innovation from LDR/711. Learners’ beliefs, values, and assumptions have changed throughout the program, and they often yield a deeper understanding of course concepts.
Write a 1,750- to 2,100-word paper in which you discuss and recommend approaches to creative tension between existing management philosophies and the ability to create new business models. Address the following questions:
How do leaders integrate innovative principles while adhering to industry and market mandates?
How may an organization operate and thrive in a paradigm that does not match the current model?