Name
Institution
Creative and Innovative Management Idea 2
Contents
1 Introduction.....................................................................................................................2
1.1 Innovation...............................................................................................................3
4.1 Barriers..................................................................................................................15
Task-1
organizations.
organization.
AC1.2. Explain how to lead others to positively embrace innovation and change.
1 Introduction
Creativity and innovation have resulted in many changes in the world for many
years. Any form of innovation or creativity in a real estate company is essential to the
empowered to be free and integrate new ideas and thoughts that would benefit the
overall organization. This essay will consider the creative techniques and innovation
that have been adopted by Colliers International, a real estate company, and strategies
followed to support the same. Colliers International is a real estate company, and has
been in operation for 19 years. The company has grown to be one of the most profitable
real estate company, dealing with management of both commercial and private
properties. The company has grown tremendously over the past five years. Colliers
Furthermore, it enjoys an enormous market share. The innovations have ensured that it
clean-up equipment such as chemicals and machines for the real estate
industry[ CITATION Col16 \l 1033 ]. The cleanup strategies will apply in dealing with
former hoarders houses, foreclosed homes, cleaning properties between tenants and
Creative and Innovative Management Idea 5
customized cleaning services for properties. In this regard, it is imperative that Colliers
The Scenario:
properties. The company has about 16,000 employees. The primary processes in the
company involve a value chain analysis that ensures all its business operations work
towards achieving the overall goals of the organization. The company operates in over
15 countries. The company has several divisions and departments. Some of the main
tasks in this assignment as a senior project manager are to assist the organization to
design clean-up strategies for contaminated properties in the real estate industry
changes in service provision, business and HR and other areas that are affected by the
organization. Furthermore, I would be advising the CEO on issues and policies related
1.1 Innovation
Innovation does not just rely on the invention, but also considers the style of corporate
behavior and if they are accommodative to risk and new ideas. Creativity and innovation
have proven beneficial in organizations especially those engaged in the real estate
industry. Designing the clean-up strategies would greatly rely on the companys efforts
Creative and Innovative Management Idea 6
in the past within the industry. The changes in services provided mean that it could be
possible to design new cleanup strategies that would be suitable for the real estate
industry[ CITATION Placeholder1 \l 1033 ]. There is a rising number of clients who want
to sell their properties. These are locations where tenants have resided for long and
have become contaminated due to a variety of factors such as disposal of waste and
weathering. Other properties have become contaminated with trash from hoarders.
Other clients also want their properties cleaned after previous tenants move out. This
will improve the appearance of the property, as new clients are attracted to properties
that look new and are clean. The clean-up strategy will consider the development of
new and innovate clean-up strategies to ensure that clients can restore their properties
to the original state and value. It will entail the use of machinery such as vacuum
cleaners and chemicals to disinfect and remove contaminants such as mercury and rust
(Colliers, 2016). Research and development (R&D) would prove beneficial in coming up
utilizes a creativity to add value. Value can be regarding social, economic, aesthetic, or
iii. Marketing The commercial launch and market establishment for a clean-up
strategy
The three stages of innovation will prove as a path that would lead Colliers
the phase that entails discussion and nurturing new plans and ideas to assist the given
target market in innovative ways. It comprises of clients who want to sell their
properties. The ideas arrived at during the conception stage can be influenced by the
existing ideas on the market, from innovations or competitors. This phase entails
concentrating and thinking of a single thing long enough to come up with an idea about
it[ CITATION Kei10 \l 1033 ]. Furthermore, this stage involves a feasibility study of the
new concept to ascertain whether the company can allocate resources towards its
development.
The implementation phase will first begin with a prototype. It will prove beneficial
in testing before launching a beta version of the final clean-up strategy. The beta version
will be close to the end product, and individuals chosen by the company would review it.
The individuals are comprised of people in the real estate industry who provide an
opinion on the kind of equipment that would be required for cleaning purposes. The
implementation phase will rely on product reviews before launching the product for
public beta testing. The feedback from customers will then be considered and
implemented. Finally, the product will be released after a marketing campaign. The
higher management team at Colliers International and the CEO will apply this model to
embrace positively innovation. Furthermore, they will be able to come up with new clean
employees are encouraged to use about 20% of their working hours to come up with
projects that they are passionate about. It will prove beneficial for the real estate
company, and a large number of their successful service for the real estate industry
have emerged from this innovative strategy (Colliers, 2016). It influences employees to
interact and discuss new and innovative ideas and would encourage them to peruse
them.
in the organization. The leader should have several attributes such as confidence,
a science and art. A creative individual is influenced by the quality of work and not the
payment. Mostly, they express themselves through their work. An effective leader
should be able to encourage staff to do away with bureaucracy and make the firm more
works with employees to ensure that they determine the required changes in the
organization. The leader also inspires the employees. They create a vision that would
between the employees. The leader also brings changes that can be justified by the
successful real estate company with permanent strategies and innovations. The
democratic, coercive, and coaching. The company has varying management styles. It
interact with each other through discussions and open communication. In Colliers
International, the employees are comfortable with the management. It leads to a high
level of productivity in the organization (Colliers, 2016). The democratic style is also
collaborate to discuss new ideas and services that can be applied by the organization.
Many different styles can work in an organization. The best way to lead others is
through an open leadership style. The goals are set for employees and managers, and
they are allowed to get along with their job[ CITATION Sch02 \l 1033 ]. It provides the
Task-2
organization
AC2.1. Assess the influence of Vision and Mission on generation of creative and
innovative management
processes in an organization.
management ideas.
AC2.3 Assess risks and benefits of creative and innovative management ideas.
achieve in future. It provides a picture of an ideal that the real estate company wants to
achieve. On the other hand, the mission is detailed as how the company intends to
achieve its vision. A mission statement also provides a way to determine the companys
primary objectives (Colliers, 2016). Essentially, the process is used in the achievement of
the vision. The mission and vision statements are inspiring words chosen by the
company leadership to define clearly the direction of the organization. The statements
encourage employees to work towards a given goal. It also motivates the workforce.
The Colliers International vision statement is simple: to deliver the best service
experience." The vision combines the vision of the industry, professionals, and strategic
Creative and Innovative Management Idea 11
partners. On the other hand, the mission statement is accelerate the success of our
clients by providing a full service line of management best practices that add value to
the real estate asset through the application and delivery of timely and effective
professionals. The statement defends the purpose of the company as a whole. It also
acts as a positive message for its employees. Essentially, the vision statement has a
profound effect on how the organization works, how people view the organization, and
what is required of them (Colliers, 2016). The organization leadership should have a
clear vision of what the organization would achieve if it were innovative. Furthermore,
strategic context. It provides an opportunity for the organization to harness its creativity.
Without a strategic context, creativity might still emerge, but it would be misplaced. The
strategic context gives direction and purpose, role models and benchmarks. It details
the way forward for the organization. The organization should implement a culture of
creativity and innovation that is supported by the vision and mission statement.
climate, and teamwork. The organizational structure is based on the hierarchal structure
of the organization. It depends on the rules of the employees in the organization, and
their responsibilities towards to the achievement of the goals of the company[ CITATION
Placeholder1 \l 1033 ]. The employees should interact with each other. It is achieved
Creative and Innovative Management Idea 12
Through training, the employees can work and learn effectively, and prepares them for a
new task. The analytical tool in this context will involve a SWOT analysis that so
outlined below.
Strengths
Colliers International is a reputable brand, and can easily create products that
would become popular in cleaning contaminated properties. It also has a reputation for
creating user-friendly products. The real estate industry can quickly adapt to the new
products. The company also develops innovations and technologies. It also has a
strong working culture. It can implement new ideas with the current us of its products.
Weaknesses
A large number of the products from the company are unknown to people. The
company produces a wide variety of real estate solutions, and consumers are often
spoilt for choice when choosing a particular product. It is also difficult to guarantee the
dangerous chemicals. It means that it would increase the risks faced by the company
arising from lawsuits due to the use of chemicals and other hazardous cleaning agents
that could remain and harm the new tenants (Colliers, 2016).
Threats
The threats faced by the company arise from competitors offering similar
products. It includes companies such as Sotheby International who have products for
Creative and Innovative Management Idea 13
alternatives. The threat also arises from opposition to new creative and innovative
ideas. Many companies avoid innovations, as they fear taking risks and failure.
Essentially, it is a major issue that threatens the success of the clean-up strategy,
Opportunity
The large market share already held by the business means that it could
leverage itself once it introduces the new products. It would prove beneficial in
marketing its product, and influence the adoption rates among clients who want to sell
their properties. The company also has a keen eye on competitors. It allows the
company to introduce new products that are of high quality but cheap.
Risks and benefits characterize the creative and innovative process. The
organization has to ensure that it converts any risks that arise from benefits. There are
several causes of risks in the organization. Risk can arise due to irrelevant details and
information unavailability about the clean-up strategy. It would lead to issues in the
process as the organization or employees involved are not aware of their roles. The
organization can also deviate from its goals leading to the emergence of issues in the
creative and innovative process. Furthermore, countries have different laws and
policies[ CITATION Mar08 \l 1033 ]. It creates a major risk to the organization, especially
when the clean-up strategies could be a danger to new tenants. These risks could divert
the focus of the objectives and goals of the organization. However, the risks might not
Creative and Innovative Management Idea 14
be an issue with the company in the end. It is through strategies to deal with the issues
to avoid further problems for Colliers International. Despite the risks, Colliers
International has bene able to reach a point where a large number of consumers trust
its products. The benefits arise from the fact that the company will be the first to launch
these products into the market. It can be able to capture the market initially. The
company can also charge premium prices that could improve its revenue. The company
will also enjoy a significant market share. Since it is the first to release the product, it will
access a new market. Finally, the benefits arise from increased morale and motivation
Hof04 \l 1033 ].
The change entails designing clean-up strategies for the real estate industry.
Clients who intend to sell their contaminated properties would use the solutions. The
key goals and strategies for the implementation can be determined using the IDEAL
Initiation The initiation involves the provision of clean up services for cleaning
effectively.
Diagnosis After the innovation, the CEO attends meetings with employees and
conducts interviews about innovative ideas. The workers are allowed an opportunity to
major countries like Japan and the US. The activities of this department are evenly
distributed to handle new projects and work based on the provided components.
Learning The employees are provided with an opportunity to learn about new
Task-3
of an organization.
AC 3.3 Establish key goals and priorities for implementation of a creative and
influences the stakeholders by allowing them the freedom to control activities in the
organization. The new clean-up strategies are also launched before the stakeholders. It
encourages the stakeholders to be involved and collaborate with the company. In this
regard, the stakeholders are persuaded of the benefits of a creative and innovative
management idea[ CITATION Sch02 \l 1033 ]. They are influenced to support it as they
are allowed to have a firsthand experience of the service before it is released to the
management idea. Stakeholders comprise people, groups, and bodies that have a stake
in the company. The interested parties in this context are directors, creditors,
Creative and Innovative Management Idea 17
stakeholders are the management of the organization[ CITATION Hof04 \l 1033 ]. They
define how the company operates. The customers, which comprise clients who intend to
sell their properties, are also important stakeholders. It has to win their trust to be
idea. The company has to pursue its stakeholders to understand that there is a market
for the new clean-up strategies and that it is effective. Team briefings would also play a
company to ensure that they are aware of the new developments can deploy it. Finally,
presentations, coaching, and social media are also effective ways of communicating to
stakeholders. The management should also carry out regular meetings to update all
stakeholders.
The organization gives priority to its employees and ensures that the market will
flourishing real estate industry such as residential areas or industrial areas with
contaminated properties. The primary goal is to establish a link with clients and provide
then with the product at a good price point (Colliers, 2016). The clean-up strategy
should be sold at a reasonable price to ensure the customers to purchase it. Finally, the
focus should be on the ease of use and safety of the products. The stakeholders will
provide feedback on issues that the company believes it can work more by considering
Creative and Innovative Management Idea 18
Task-4
management
ideas in an organization.
management idea in an
organization.
AC 4.3 Explain how a strategy plan for overcoming barriers will ensure innovative
change is achieved.
stakeholders in an organization.
4.1 Barriers
management idea. The first is poor leadership. The leadership should be able to foresee
the direction of the company and make the necessary plans. The organization requires
a flat style of leadership where employees are given the power to make decisions. It
Creative and Innovative Management Idea 19
ensures the flexibility of the organization. The fear of trying is also a barrier. Many
organizations fear change as they are engaged in the current ways of working. The
leadership should be efficient and should have the courage to make strategic decisions
through a style of leadership that encourages innovation and new ideas, leading to
this regard, the management must have leadership, workspace, and vision that are
favorable to employees. Marketing is also essential. The marketing team will portray the
true innovation that the company produces. It would inspire success. Essentially, the
marketing tool allows Colliers International to reach a broader customer base before
A strategy plan for overcoming barriers will require the use of a stakeholder
analysis tool. The tool is used in the identification of the relevant stakeholders who play
a significant role in the organization. It will prove beneficial in overcoming barriers in the
management. These are considered as internal customers that would help approve and
promote the product. They also make demands for new products and
services[ CITATION Mar08 \l 1033 ]. In this regard, the suggestion to the CEO would
easily be implemented if all stakeholders were aware of a need for clean-up strategies
Creative and Innovative Management Idea 20
for contaminated properties. Essentially, the strategy plan will encourage the
them about the changes in the organization. Essentially, the stakeholders will be able to
understand that the change is of their benefit. Employee rewards and incentives would
also prove beneficial. The incentive encourages behavior among employees. Incentives
can be through bonuses or increase in salaries. The company should also create an
environment of innovation. The employees would feel motivated in the process, and
would make innovative inputs[ CITATION Kei10 \l 1033 ]. Finally, the stakeholders
should also be motivated. The stakeholders will become excited about the companys
Bibliography
Creative and Innovative Management Idea 21
Goffin, K. & Mitchell, R., 2010. Innovation Management. New York: Palgrave Macmillan.
Hofstede, G., 2004. Cultures and Organizations: Software for the Mind. 1st ed. New
Schneider, S. C. & Barsoux, J., 2002. Schneider S C and Barsoux J L. 1st ed. London: