Incentives play a key role in the promotion of innovations. They motivate organizational individuals hence leading to widespread innovations. One is able to venture into innovations due to the incentives that are offered by an organization. The roles of incentives in the promotion of incentives could be characterized as remunerative incentives and moral incentives. Dellar, Walkley, Moore, & Lewis (2005) asserts that remunerative incentives are where the salary is increased while moral is responding to the needs of employees. Training promotes innovations through acquainting one with the duties and responsibilities of the work. This makes one more creative and innovative as he gets used to working in different work environments. The roles of training could be characterized as experiential roles in the promotion of innovation in the organization. One gets used to performing different tasks leading to creativity and high levels of innovation. The role of education in the promotion of innovation is to equip one with knowledge that is essential for innovations. Education also promotes the development of skills among individuals hence innovations. The roles could be characterized as practical roles as they enable one get a practical overview of the work.
Leadership plays a vital role in creating, managing, and sustaining innovations. It creates innovations by motivating employees and encouraging team working in organizations. Effective ;leadership motivates employees through proper remuneration, providing training opportunities, and creation of proper working environment. These helps motivate employees and they rapidly take to innovations with the aim of boosting the Company and ensuring that it performs at the best level possible. Team working promote innovations through the sharing of ideas among employees from different departments. The leadership manages innovations through the provision of finances for research and development. It also plays a significant role in the management of innovations through provision of finances for making the innovation practical and applicable to the goals of the organization. The leadership sustains innovations through continuous training of employees. This ensures that they keep abreast of the emerging issues in their business environments. It also reviews the innovations periodically in order to ensure that they are in line with the existing trends. According to Dellar, Walkley, Moore, & Lewi (2005), organizational leadership promotes exhibitions and trade fairs where different employees meet and exchange ideas on how to develop different products and services. This ensures that there are sustained innovations in the organization.
Limited time Offer
The reward system in the organization could be based on performance or the position that one holds in the organization. It is vital for organizations to uphold the reward systems and ensure that all individuals are satisfied with the amounts that they are paid. The ethical implications emanating from reward systems include unfair inclusion of some individuals in the reward system. Some individuals are given rewards even without making significant contributions to the organization. They are given rewards even in cases where they have not made significant contributions towards the development of the organization. Another implication of the reward system is that it does not recognize individual efforts in cases where individuals work in groups. Some people who could have made more contributions that the rest of the group members end up receiving lesser rewards than they deserve. This lowers the spirit of work among such employees leading to reduced performance and effectiveness in the delivery of duties.
I would describe my organization as an innovative organization. The organization is innovative because it keeps up with the emerging technologies in the world. The management of the organization is always concerned with improving the quality of goods and services delivered. This leads to the creation of newer ways of working within the organization in order to increase the level of innovation. My organization is also innovative because it promotes constant training among employees from different departments. They share ideas and acquire new skills relating to the performance of different activities. This promotes innovations and newer ideas hence a sign that the organization is innovative. The organization also promote trade fairs and exhibitions in which it displays its products and services which are indicative of the innovations taking place within the organization. The organization is also innovative because of its emphasis on research and development. Finances have been provided to cater for these areas.
Related Business essays