Leadership in Innovations of Finnish Household Goods Producing Companies

Abstract

Leadership - one of the most examined topics of social sciences’, yet the least understood one, while simultaneously innovation is still undergoing development. Clearly therefore, the importance of leadership in innovation should not be underestimated, as both are vital components of today’s organisations, which never is an easy or effortless process. Additionally, leadership is one of the most influential factors affecting innovation, where leaders do not fall into the trap of much talking but little actual doing, and therefore through their action and example they can change the course of the company, while influencing the innovative leadership culture. This makes it critical to find the most suitable leadership in the organisation, enhancing innovations, yet attention should be paid to the matter that the selected leadership style and model should vary based on the situation and stage or type of innovation at present. The deep understanding and implementation of leadership in a company can create positive results in various ways, give the ability to embrace challenges and opportunities, ultimately result in effective leadership and innovation strategies. This research conveys leadership in innovation of Finnish household goods producing companies, where the conclusion of the research will be beneficial for any company leader’s leadership in innovation strategy