The salient organizational development challenge in modern times is that of building a highly engaged workforce that is committed, productive and innovative. Employees wish to give their very best at work. Organizations also make every effort to provide an atmosphere where people can do their best. However, despite intensive efforts from both sides, engagement still remains elusive. This book emphasizes the role that the employee and the institution need to play, in order to make people engagement possible. It spells out a novel engagement paradigm that starts from the fundamentals i.e. the intrinsic nature of the human being and the basic nature of organizational work in modern society. The text goes on to identify an appreciative culture and a holistic structure as the two foundational pillars that support people engagement in organizations. The engagement capabilities that are required for fulfilling the responsibilities at each organizational level are then articulated in great detail. Through numerous originally developed process frameworks, accompanied by several comprehensive organizational case studies drawn from across the world, the book illustrates how people engagement actually happens in practice. The goal is to show how organizational vitality may be seamlessly created alongside individual fulfillment.
Chapter 10: Entrepreneurial Synergy
The Executive Mandate of Innovation
Source: Samatvam Academy
Large business organizations are usually structured as a set of inter-related divisions or business units that come together to form an integrated enterprise. Each division is typically placed under the charge of a senior executive, who usually reports to the chief executive officer of the enterprise. Executives are placed at the fourth rung on the hierarchical ladder of accountability.
The executive role demands excellence from a functional as well as a business perspective. While functional maturity translates as the [Page 221]ability to think about the function from multiple perspectives, business maturity involves the development of a holistic view of the ...